Mueller Water Products (MWA) Gross Margin (2009 - 2026)
Mueller Water Products' Gross Margin was 39.35% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 1.04 percentage points from 38.31% a year earlier and up 1.76 percentage points from the prior quarter.
Mueller Water Products (MWA) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mueller Water Products' Gross Margin was 37.86% through Jun 30, 2026, up 2.96 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 36.14%, up 1.23 percentage points from FY2024.
- Gross Margin has now increased for three consecutive fiscal years, with a five-year change of +2.10 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Gross Margin was 34.91% in FY2024 (+5.16 pp), 29.75% in FY2023 (+0.54 pp), 29.20% in FY2022 (-3.06 pp) and 32.27% in FY2021 (-1.77 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Gross Margin in data going back to fiscal Q1 2010.
- Compared with a year earlier, Gross Margin has increased for five straight quarters, with an average year-over-year change of +1.83 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q2 2024 (a gain of 7.52 percentage points); the worst was fiscal Q4 2021 (a drop of 6.20 percentage points).
- Per Business Quant data, MWA's Gross Margin in the three fiscal quarters before Q3 2026 was 37.59% (Q2 2026), 37.65% (Q1 2026) and 36.76% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 35.54% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 39.26% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 54.48% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 38.11% |
| 10 | Mueller Water Products | 3.77 Bn | 1.96 Bn | 155.80 Mn | 39.35% |
Historic 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% |
Mueller Water Products Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MWA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MWA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();