Mueller Water Products, Inc.

NYSE:MWA Stock Report

Market Cap: US$3.9b

Mueller Water Products Future Growth

Future criteria checks 1/6

Mueller Water Products is forecast to grow earnings and revenue by 10% and 3.3% per annum respectively while EPS is expected to grow by 10.9% per annum.

Key information

10.0%

Earnings growth rate

10.90%

EPS growth rate

Machinery earnings growth16.6%
Revenue growth rate3.3%
Future return on equityn/a
Analyst coverage

Low

Last updated08 May 2026

Recent future growth updates

Analysis Article Feb 07

Mueller Water Products, Inc. (NYSE:MWA) Released Earnings Last Week And Analysts Lifted Their Price Target To US$29.17

Investors in Mueller Water Products, Inc. ( NYSE:MWA ) had a good week, as its shares rose 7.8% to close at US$29.18...
Analysis Article Aug 08

Mueller Water Products, Inc. (NYSE:MWA) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Investors in Mueller Water Products, Inc. ( NYSE:MWA ) had a good week, as its shares rose 4.6% to close at US$25.91...

Recent updates

Narrative Update May 12

MWA: Refined Discount Assumptions And Margin Outlook Will Support Future Repricing

Analysts have raised their price target on Mueller Water Products to $32.20 from $31.60, citing updated expectations around discount rates, revenue growth, profit margins, and future P/E multiples. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target of $32.20 as reflecting updated assumptions on discount rates.
Seeking Alpha May 09

Mueller Water Products: Undervalued Despite High Profitability

Summary Mueller Water Products is rated a buy, trading at a significant discount despite sector-leading margin expansion and robust fundamentals. MWA's competitive moat, pricing power, and manufacturing efficiencies have driven superior EBIT and net income growth versus peers, with further margin gains anticipated. Recent Q2 results showed revenue up 6% and EBIT margin at 20.92%, well above sector averages, but free cash flow conversion remains a near-term challenge due to inventory build. Risks include transitional headwinds from the brass foundry closure, modest FY2026 revenue guidance (2.8%-4.2%), and elevated inventory levels amid weak residential demand. Read the full article on Seeking Alpha
Narrative Update Apr 26

MWA: Acquisition Pipeline Will Support Future Repricing Of Execution Upside

Analysts have lifted their price targets on Mueller Water Products by $2 to $5, citing updated valuation work that reflects small adjustments to the discount rate and forward P/E assumptions, while keeping fair value estimates broadly in line with prior views. Analyst Commentary Recent research points to a more refined view of Mueller Water Products, with updated target prices reflecting tweaks to valuation inputs rather than wholesale changes to the story.
Narrative Update Apr 10

MWA: Acquisition Pipeline And Buybacks Will Shape Measured Long Term Outlook

Narrative Update The analyst price target for Mueller Water Products has been revised from $30.33 to $31.60. Analysts attribute this change to updated assumptions regarding discount rates, profit margins, and future P/E, which are viewed as the primary drivers of the revised outlook.
Narrative Update Mar 27

MWA: Acquisition Pipeline And Steady Cash Returns Will Shape Long Term Outlook

Narrative Update The analyst price target for Mueller Water Products has moved higher by a few dollars to reflect updated research from several firms. Analysts point to their refreshed valuation work and assumptions around discount rates, long term growth, margins, and future P/E levels as key drivers of the new dollar-based targets.
Narrative Update Mar 07

MWA: Acquisition Plans And Steady Cash Returns Will Support Long Term Outlook

Analysts have raised their consolidated price target on Mueller Water Products by a few dollars to approximately the low $30s, reflecting updated assumptions that include a slightly lower discount rate and refined views on long-term revenue growth, profit margins, and future P/E levels. Analyst Commentary Recent Street research has come with higher price targets for Mueller Water Products, with multiple bullish analysts adjusting their models around growth, profitability, and the valuation they are willing to ascribe to the shares.
Narrative Update Feb 21

MWA: Acquisition Plans And Capital Deployment Will Support Balanced Longer Term Outlook

Analysts have raised their price targets on Mueller Water Products by $1 to $30.33, citing updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in recent research from multiple firms. Analyst Commentary Recent research on Mueller Water Products reflects a generally constructive tone around the updated fair value work that underpins the new price targets, while still flagging a few areas for investors to watch.
Analysis Article Feb 09

Mueller Water Products (NYSE:MWA) Has Announced A Dividend Of $0.07

Mueller Water Products, Inc. ( NYSE:MWA ) has announced that it will pay a dividend of $0.07 per share on the 20th of...
Analysis Article Feb 07

Mueller Water Products, Inc. (NYSE:MWA) Released Earnings Last Week And Analysts Lifted Their Price Target To US$29.17

Investors in Mueller Water Products, Inc. ( NYSE:MWA ) had a good week, as its shares rose 7.8% to close at US$29.18...
Narrative Update Feb 07

MWA: Refreshed Fair Value Work And Acquisition Focus Will Support Steady Outlook

Analysts have lifted their price target on Mueller Water Products by about US$1.50, citing updated assumptions on long term fair value, revenue, profit margins and future P/E that build on recent Street research. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as better reflecting their long term fair value work, which now places more weight on updated assumptions for revenue, margins and P/E.
Analysis Article Jan 26

Mueller Water Products (NYSE:MWA) Is Due To Pay A Dividend Of $0.07

Mueller Water Products, Inc. ( NYSE:MWA ) has announced that it will pay a dividend of $0.07 per share on the 20th of...
Narrative Update Jan 24

MWA: Leadership Transition And Buybacks Will Support Steady Fairly Valued Dividend Outlook

Analysts have maintained their fair value estimate for Mueller Water Products at US$27.67 per share. They have made only very minor adjustments to inputs such as the discount rate and future P/E assumptions, which do not materially change their overall view.
Narrative Update Jan 09

MWA: Leadership Change And Capital Returns Will Support Steady Future Dividend Outlook

Analysts have modestly reduced their price target on Mueller Water Products to US$27.67. This reflects updated views on a slightly higher discount rate, a lower assumed future P/E multiple and revised expectations for profit margins.
Analysis Article Dec 31

Mueller Water Products (NYSE:MWA) Seems To Use Debt Rather Sparingly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Dec 25

MWA: Leadership Transition And Capital Returns Will Support Future Dividend Strength

Analysts have modestly raised their price target on Mueller Water Products to approximately $27.67, citing slightly lower discount rate assumptions and a marginally reduced future price to earnings multiple that together support a stable fair value outlook. What's in the News Updated 2026 guidance calls for consolidated net sales between $1,450 million and $1,470 million, implying year over year growth of 1.4% to 2.8% and a return to more typical seasonal demand patterns, with sales peaking in the third quarter and troughing in the first quarter (company guidance).
Narrative Update Dec 11

MWA: Leadership Transition And Buybacks Will Support Dividend Strength Ahead

Analysts have modestly reaffirmed their conviction in Mueller Water Products, holding their price target essentially unchanged at approximately $27.67 per share. They continue to expect stable revenue growth, resilient profit margins, and a broadly consistent future valuation multiple.
Narrative Update Nov 27

MWA: Share Buybacks And Leadership Transition Will Support Upcoming Dividend Growth

Analysts have modestly revised their price target for Mueller Water Products, maintaining a fair value estimate of $27.67. This reflects minimal changes in key financial assumptions and slight optimism in profit margins, despite a marginally higher discount rate.
Narrative Update Nov 10

MWA: Dividend Increase And Leadership Transition Will Drive Future Upside

Analysts have reduced their price target for Mueller Water Products by $1.00, reflecting a reassessment of future growth and profitability expectations. What's in the News Paul McAndrew will be appointed Chief Executive Officer of Mueller Water Products, effective February 9, 2026.
Analysis Article Nov 01

Mueller Water Products (NYSE:MWA) Is Increasing Its Dividend To $0.07

Mueller Water Products, Inc. ( NYSE:MWA ) has announced that it will be increasing its periodic dividend on the 20th of...
Analysis Article Oct 04

What Does Mueller Water Products, Inc.'s (NYSE:MWA) Share Price Indicate?

Mueller Water Products, Inc. ( NYSE:MWA ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article Sep 02

Should You Be Adding Mueller Water Products (NYSE:MWA) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Aug 08

Mueller Water Products, Inc. (NYSE:MWA) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

Investors in Mueller Water Products, Inc. ( NYSE:MWA ) had a good week, as its shares rose 4.6% to close at US$25.91...
Analysis Article Aug 05

Mueller Water Products (NYSE:MWA) Will Pay A Dividend Of $0.067

Mueller Water Products, Inc. ( NYSE:MWA ) has announced that it will pay a dividend of $0.067 per share on the 21st of...
Analysis Article Jul 11

Estimating The Fair Value Of Mueller Water Products, Inc. (NYSE:MWA)

Key Insights Mueller Water Products' estimated fair value is US$26.90 based on 2 Stage Free Cash Flow to Equity Mueller...
Analysis Article Jun 28

Investors Will Want Mueller Water Products' (NYSE:MWA) Growth In ROCE To Persist

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article May 06

Mueller Water Products (NYSE:MWA) Is Due To Pay A Dividend Of $0.067

Mueller Water Products, Inc. ( NYSE:MWA ) has announced that it will pay a dividend of $0.067 per share on the 21st of...
Analysis Article May 04

Is It Time To Consider Buying Mueller Water Products, Inc. (NYSE:MWA)?

While Mueller Water Products, Inc. ( NYSE:MWA ) might not have the largest market cap around , it saw a decent share...
Analysis Article Apr 22

Mueller Water Products, Inc.'s (NYSE:MWA) P/E Is On The Mark

With a price-to-earnings (or "P/E") ratio of 27.7x Mueller Water Products, Inc. ( NYSE:MWA ) may be sending very...
Analysis Article Apr 09

If EPS Growth Is Important To You, Mueller Water Products (NYSE:MWA) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Mar 28

Mueller Water Products' (NYSE:MWA) Returns On Capital Are Heading Higher

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Seeking Alpha Mar 13

Mueller Water Products: Fire Hydrant Provider Is On Fire

Summary Mueller Water Products shares have nearly doubled in 2024 due to significant margin expansion, pushing earnings multiples to the high 20s. The company has a strong historical foundation and a rich portfolio of patents, with 90% of sales from water-related markets, primarily in the US. Despite strong fundamentals and a solid balance sheet, the growth outlook for 2025 is modest at 2-3%, making current valuations demanding. Given the recent surge in share price, I'm cautious and would reconsider investing if shares fall to the low-twenties. Read the full article on Seeking Alpha
Analysis Article Mar 07

Calculating The Intrinsic Value Of Mueller Water Products, Inc. (NYSE:MWA)

Key Insights The projected fair value for Mueller Water Products is US$29.08 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Feb 23

We Think Mueller Water Products (NYSE:MWA) Can Manage Its Debt With Ease

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jan 29

Is There Now An Opportunity In Mueller Water Products, Inc. (NYSE:MWA)?

While Mueller Water Products, Inc. ( NYSE:MWA ) might not have the largest market cap around , it received a lot of...
Seeking Alpha Dec 27

Mueller Water Products: Comfortable Holding Through Market Volatility

Summary Mueller Water Products' long history and innovative water products make it a strong long-term investment, supported by demand and federal infrastructure investments. The company has achieved its highest sales in a decade, with a 15.5% net sales growth YoY and margin expansion that has exceeded expectations. Mueller's strong cash flow and reduced debt-to-equity ratio enhance financial flexibility, allowing for growth initiatives and shareholder returns through dividends and share repurchases. While the stock's valuation is high, continued EPS growth could make it attractive. Read the full article on Seeking Alpha
Analysis Article Dec 22

Returns At Mueller Water Products (NYSE:MWA) Are On The Way Up

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Analysis Article Dec 10

Investors Appear Satisfied With Mueller Water Products, Inc.'s (NYSE:MWA) Prospects

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 19x, you may...
Analysis Article Nov 13

Mueller Water Products' (NYSE:MWA) Earnings May Just Be The Starting Point

When companies post strong earnings, the stock generally performs well, just like Mueller Water Products, Inc.'s...
Analysis Article Oct 26

Mueller Water Products' (NYSE:MWA) Shareholders Will Receive A Bigger Dividend Than Last Year

Mueller Water Products, Inc.'s ( NYSE:MWA ) periodic dividend will be increasing on the 20th of November to $0.067...

Earnings and Revenue Growth Forecasts

NYSE:MWA - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
9/30/20281,578N/AN/AN/A2
9/30/20271,5482412272425
9/30/20261,4842221812235
3/31/20261,464207141199N/A
12/31/20251,444200174226N/A
9/30/20251,430192172219N/A
6/30/20251,397149173225N/A
3/31/20251,374144192245N/A
12/31/20241,363137171225N/A
9/30/20241,315116191239N/A
6/30/20241,268123163206N/A
3/31/20241,238100151193N/A
12/31/20231,21777140183N/A
9/30/20231,2768661109N/A
6/30/20231,306753484N/A
3/31/20231,31277-2029N/A
12/31/20221,29080-2826N/A
9/30/20221,24777-252N/A
6/30/20221,21288154N/A
3/31/20221,189763794N/A
12/31/20211,1467384142N/A
9/30/20211,1117094157N/A
6/30/20211,08179123186N/A
3/31/202199976145207N/A
12/31/202098978119187N/A
9/30/20209647273140N/A
6/30/20209668668153N/A
3/31/20201,01210825119N/A
12/31/201998895N/A70N/A
9/30/201996864N/A93N/A
6/30/201995549N/A81N/A
3/31/201993130N/A102N/A
12/31/201893130N/A143N/A
9/30/2018916106N/A133N/A
6/30/2018889101N/A103N/A
3/31/2018871110N/A78N/A
12/31/2017837104N/A24N/A
9/30/201782654N/A16N/A
6/30/201781554N/A54N/A
3/31/201780741N/A78N/A
12/31/201680547N/A135N/A
9/30/201680145N/A145N/A
6/30/201689648N/A142N/A
3/31/201697353N/A134N/A
12/31/20151,06655N/A117N/A
9/30/201579313N/A88N/A
6/30/20151,17435N/A106N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MWA's forecast earnings growth (10% per year) is above the savings rate (3.5%).

Earnings vs Market: MWA's earnings (10% per year) are forecast to grow slower than the US market (17% per year).

High Growth Earnings: MWA's earnings are forecast to grow, but not significantly.

Revenue vs Market: MWA's revenue (3.3% per year) is forecast to grow slower than the US market (11.9% per year).

High Growth Revenue: MWA's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MWA's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/02 12:30
End of Day Share Price 2026/06/02 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mueller Water Products, Inc. is covered by 17 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HalloranBaird
Andrew BuscagliaBerenberg
Jonathan EllisBofA Global Research