Mueller Water Products (MWA) Net Margin (2009 - 2026)
Mueller Water Products (MWA) recorded Net Margin of 17.00% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 3.19 percentage points from 13.80% a year earlier and up 1.62 percentage points from the prior quarter.
Mueller Water Products (MWA) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Mueller Water Products' Net Margin came in at 15.02% as of Jun 30, 2026, up 4.35 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 13.41%, up 4.59 percentage points from FY2024.
- Annual Net Margin has increased for three straight fiscal years, with a five-year change of +5.94 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Net Margin came in at 8.82% in FY2024 (+2.11 pp), 6.70% in FY2023 (+0.56 pp), 6.14% in FY2022 (-0.20 pp) and 6.34% in FY2021 (-1.13 pp).
- The fiscal Q3 2026 figure is the highest quarterly Net Margin since fiscal Q1 2018.
- On a year-over-year basis, Net Margin has increased for seven consecutive quarters, with an average year-over-year change of +2.84 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 10.94 percentage points in fiscal Q4 2025, against a drop of 4.08 percentage points in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 15.37% (Q2 2026), 13.58% (Q1 2026) and 13.81% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 18.95% |
| 10 | Mueller Water Products | 3.35 Bn | 1.54 Bn | 155.80 Mn | 17.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.00% |
| Mar 31, 2026 | 15.37% |
| Dec 31, 2025 | 13.58% |
| Sep 30, 2025 | 13.81% |
| Jun 30, 2025 | 13.80% |
| Mar 31, 2025 | 14.08% |
| Dec 31, 2024 | 11.60% |
| Sep 30, 2024 | 2.87% |
| Jun 30, 2024 | 13.26% |
| Mar 31, 2024 | 12.54% |
| Dec 31, 2023 | 5.58% |
| Sep 30, 2023 | 5.71% |
| Jun 30, 2023 | 7.50% |
| Mar 31, 2023 | 6.40% |
| Dec 31, 2022 | 7.15% |
| Sep 30, 2022 | 2.14% |
| Jun 30, 2022 | 7.95% |
| Mar 31, 2022 | 7.60% |
| Dec 31, 2021 | 7.12% |
| Sep 30, 2021 | 6.22% |
Mueller Water Products Net 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=net-margin&ticker=MWA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();