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Friday 6 November 2026 Export MWA’s income statement to Excel — free account

MUELLER WATER PRODUCTS

MWA Industrials Specialty Industrial Machinery

MUELLER WATER PRODUCTS’s revenue for fiscal 2025 (year ended September 2025) was $1.4 billion, up 8.75% from fiscal 2024.

Revenue
+4.10%
EPS
+26.5%
Free cash flow
+70.9%
Total debt
+0.47%

Quarter to June 2026, against a year earlier

24.53 0.49 +2.04%
Market cap
$3.9B
P/E
17.2×
Fwd P/E
15.6×
Dividend yield
1.14%
F-score
7/9
Altman Z
4.39
Beneish M
−2.50
Dividend safety
89/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

MUELLER WATER PRODUCTS (MWA) Debt to equity

Alert me on Debt to equity

MUELLER WATER PRODUCTS's debt to equity at the end of the quarter to 30 June 2026 was 0.4×, down 0.1× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.5× (fiscal 2025) to 1.3× (fiscal 2015) — the current reading is the lowest in ten years. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× (17.10%)
FY2024 0.6× (11.75%)
FY2023 0.6× (5.83%)
FY2022 0.7× 3.83%
FY2021 0.6× (7.94%)
FY2020 0.7× (7.29%)
FY2019 0.8× (4.37%)
FY2018 0.8× (19.75%)
FY2017 1.0× (14.97%)
FY2016 1.2× (13.15%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.4× (4.33%)
Mar 2026 0.4× (4.89%)
Dec 2025 0.4× (3.43%)
Sep 2025 0.5× (5.21%)
42 more quarters

Against its own ten years

Low 0.5× High 1.3×
Ten-year median 0.7×
Current reading's percentile 9

Debt to equity against peers

Company Debt to equity
XE X-Energy, Inc. compare 0.0×
NPO Enpro Inc. compare 0.3×
FELE Franklin Electric Co., Inc. compare 0.4×
MWA MUELLER WATER PRODUCTS 0.4×
KAI Kadant Inc compare 0.4×
MIR Mirion Technologies, Inc. compare 0.7×
SXI Standex International Corporation compare 0.7×
CSW CSW Industrials, Inc. compare 0.7×
MIDD The Middleby Corporation compare 0.9×
Specialty Industrial Machinery industry median 0.3×
Industrials sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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