Mueller Water Products (MWA) Gross Margin (2009 - 2026)
Mueller Water Products (MWA) posted Gross Margin of 37.59% for Q1 2026, little changed sequentially from 37.65% in Q4 2025, and up 246.0% YoY from 10.86% in Q1 2025.
Mueller Water Products (MWA) Gross Margin (2009 - 2026) Analysis & Trends
Mueller Water Products has reported Gross Margin for 18 years, with the latest figure at 37.59% in Q1 2026.
- Quarterly Gross Margin rose 246.0% year-over-year to 37.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.58% (up 312.0% YoY) and the FY2025 annual result came in at 36.14%, up 123.0% from the prior year.
- Gross Margin was little changed at 37.59% in Q1 2026 per MWA's latest filing, from 37.65% in the prior quarter.
- Over five years, Gross Margin peaked at 38.31% in Q2 2025 and troughed at 25.83% in Q3 2022.
- A 5-year average of 33.1% and a median of 33.66% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 444 bps in 2022, then soared 752 bps in 2024.
- Over 5 years, Gross Margin stood at 29.61% in 2022, then advanced by 14 bps to 33.66% in 2023, then climbed by 1 bps to 33.85% in 2024, then rose by 11 bps to 37.65% in 2025, then slipped by 0 bps to 37.59% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 37.59%, 37.65%, and 36.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.48 Bn | 246.36 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 163.74 Bn | 163.04 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 125.76 Bn | 125.28 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 87.16 Bn | 84.98 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.50 Bn | 76.83 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 80.83 Bn | 80.00 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.64 Bn | 54.14 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 48.47 Bn | 47.99 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 31.55 Bn | 30.37 Bn | 862.60 Mn | 42.10% |
| 10 | Mueller Water Products | 3.93 Bn | 3.44 Bn | 155.80 Mn | 39.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.35% |
| Mar 31, 2026 | 37.59% |
| Dec 31, 2025 | 37.65% |
| Sep 30, 2025 | 36.76% |
| Jun 30, 2025 | 38.31% |
| Mar 31, 2025 | 35.14% |
| Dec 31, 2024 | 33.85% |
| Sep 30, 2024 | 31.85% |
| Jun 30, 2024 | 36.84% |
| Mar 31, 2024 | 36.90% |
| Dec 31, 2023 | 33.66% |
| Sep 30, 2023 | 29.33% |
| Jun 30, 2023 | 30.65% |
| Mar 31, 2023 | 29.38% |
| Dec 31, 2022 | 29.61% |
| Sep 30, 2022 | 25.83% |
| Jun 30, 2022 | 29.50% |
| Mar 31, 2022 | 29.89% |
| Dec 31, 2021 | 32.17% |
| Sep 30, 2021 | 29.19% |