Mueller Water Products (MWA) Operating Margin (2009 - 2026)
Mueller Water Products (MWA) posted Operating Margin of 20.36% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.98 percentage points from 19.38% a year earlier but down 0.56 percentage points from the prior quarter.
Mueller Water Products (MWA) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Mueller Water Products was 19.42%, up 3.72 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 18.23%, up 4.41 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive fiscal years, with a five-year change of +6.11 percentage points (FY2020 to FY2025).
- In prior fiscal years, Mueller Water Products' Operating Margin was 13.82% in FY2024 (+3.83 pp), 9.99% in FY2023 (+1.04 pp), 8.95% in FY2022 (-2.91 pp) and 11.85% in FY2021 (-0.26 pp).
- Quarterly Operating Margin has run from a low of 3.50% in fiscal Q4 2022 to a high of 20.92% in fiscal Q2 2026 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last seven quarters, with an average year-over-year change of +2.93 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q4 2025, with a gain of 10.12 percentage points; the weakest was fiscal Q4 2021, with a drop of 5.94 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was 20.92% (Q2 2026), 17.82% (Q1 2026) and 18.28% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 26.67% |
| 10 | Mueller Water Products | 3.35 Bn | 1.54 Bn | 155.80 Mn | 20.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.36% |
| Mar 31, 2026 | 20.92% |
| Dec 31, 2025 | 17.82% |
| Sep 30, 2025 | 18.28% |
| Jun 30, 2025 | 19.38% |
| Mar 31, 2025 | 19.19% |
| Dec 31, 2024 | 15.58% |
| Sep 30, 2024 | 8.16% |
| Jun 30, 2024 | 18.78% |
| Mar 31, 2024 | 17.97% |
| Dec 31, 2023 | 8.89% |
| Sep 30, 2023 | 8.26% |
| Jun 30, 2023 | 10.90% |
| Mar 31, 2023 | 9.88% |
| Dec 31, 2022 | 10.80% |
| Sep 30, 2022 | 3.50% |
| Jun 30, 2022 | 11.07% |
| Mar 31, 2022 | 11.01% |
| Dec 31, 2021 | 10.61% |
| Sep 30, 2021 | 9.40% |
Mueller Water Products Operating 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=operating-margin&ticker=MWA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=MWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();