Mueller Water Products (MWA) Gross Margin (2009 - 2026)
Mueller Water Products (MWA) reported Gross Margin of 37.59% for Q1 2026, up 246.0% on a YoY basis from 10.86% in Q1 2025, and little changed sequentially from 37.65% in Q4 2025.
Mueller Water Products (MWA) Gross Margin (2009 - 2026) Analysis & Trends
Mueller Water Products (MWA) has 18 years of Gross Margin data on file, last reported at 37.59% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 246.0% year-over-year to 37.59%; the trailing twelve-month figure through Mar 2026 stood at 37.58% (up 312.0% YoY), and the FY2025 full-year result was 36.14%, up 123.0% from the prior year.
- Gross Margin was little changed at 37.59% in Q1 2026, 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.
- A 5-year average of 33.1% and a median of 33.66% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 444 bps in 2022 and jumped 752 bps in 2024, its largest moves.
- Tracing MWA's Gross Margin over 5 years: stood at 29.61% in 2022, then increased by 14 bps to 33.66% in 2023, then rose by 1 bps to 33.85% in 2024, then climbed by 11 bps to 37.65% in 2025, then fell by 0 bps to 37.59% in 2026.
- Business Quant data shows MWA's Gross Margin at 37.59% in Q1 2026, 37.65% in Q4 2025, and 36.76% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 50.25% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 42.90% |
| 10 | Mueller Water Products | 3.92 Bn | 3.50 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% |