Mueller Water Products (MWA) Gross Margin (2009 - 2026)
Mueller Water Products' (MWA) quarterly Gross Margin came in at 37.59% in Q1 2026, up 246.0% year-on-year from 10.86% in Q1 2025, and little changed quarter-over-quarter from 37.65% in Q4 2025.
Mueller Water Products (MWA) Gross Margin (2009 - 2026) Analysis & Trends
Mueller Water Products has disclosed Gross Margin across 18 years of filings, most recently posting 37.59% for Q1 2026.
- Gross Margin for Q1 2026 came in at 37.59%, up 246.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 37.58% (up 312.0% YoY), and the FY2025 annual result was 36.14%, up 123.0% from the prior year.
- Gross Margin came in at 37.59% for Q1 2026 at Mueller Water Products, roughly flat from 37.65% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 38.31% in Q2 2025 to a low of 25.83% in Q3 2022.
- The 5-year median for Gross Margin is 33.66% (2023), against an average of 33.1%.
- Across the five-year window, Gross Margin slumped 444 bps in 2022 and jumped 752 bps in 2024, its largest moves.
- Mueller Water Products' Gross Margin stood at 29.61% in 2022, then rose by 14 bps to 33.66% in 2023, then gained by 1 bps to 33.85% in 2024, then grew by 11 bps to 37.65% in 2025, then retreated by 0 bps to 37.59% in 2026.
- The last three Gross Margin figures came in at 37.59% (Q1 2026), 37.65% (Q4 2025), and 36.76% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 19.07% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 50.25% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 38.86% |
| 10 | Mueller Water Products | 3.96 Bn | 3.54 Bn | 144.50 Mn | 37.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 33.95% |