Mueller Water Products (MWA) Operating Margin (2009 - 2026)
Mueller Water Products (MWA) posted Operating Margin of 20.92% for Q1 2026, up 17.38% sequentially from 17.82% in Q4 2025, and up 173.0% YoY from 7.66% in Q1 2025.
Mueller Water Products (MWA) Operating Margin (2009 - 2026) Analysis & Trends
Mueller Water Products has reported Operating Margin for 18 years, with the latest figure at 20.92% in Q1 2026.
- Quarterly Operating Margin rose 173.0% year-over-year to 20.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.16% (up 367.0% YoY) and the FY2025 annual result came in at 18.23%, up 441.0% from the prior year.
- Operating Margin climbed to 20.92% in Q1 2026 per MWA's latest filing, from 17.82% in the prior quarter.
- Over five years, Operating Margin peaked at 20.92% in Q1 2026 and troughed at 3.5% in Q3 2022.
- A 5-year average of 13.55% and a median of 11.07% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2025: Operating Margin sank 590 bps in 2022, then jumped 1012 bps in 2025.
- Over 5 years, Operating Margin stood at 10.8% in 2022, then declined by 18 bps to 8.89% in 2023, then jumped by 75 bps to 15.58% in 2024, then climbed by 14 bps to 17.82% in 2025, then rose by 17 bps to 20.92% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 20.92%, 17.82%, and 18.28% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.03 Bn | 245.91 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 164.08 Bn | 163.39 Bn | 2.86 Bn | 16.32% |
| 3 | Parker-Hannifin | 126.37 Bn | 125.89 Bn | 2.02 Bn | 20.65% |
| 4 | Emerson Electric | 87.46 Bn | 85.28 Bn | 2.66 Bn | 26.92% |
| 5 | Cummins | 81.85 Bn | 77.18 Bn | 2.47 Bn | 13.52% |
| 6 | Illinois Tool Works | 80.98 Bn | 80.14 Bn | 1.90 Bn | 26.67% |
| 7 | Ametek | 54.69 Bn | 54.20 Bn | 735.04 Mn | 25.84% |
| 8 | Rockwell Automation | 48.53 Bn | 48.05 Bn | 1.14 Bn | 20.80% |
| 9 | Ingersoll Rand | 31.67 Bn | 30.50 Bn | 862.60 Mn | 18.56% |
| 10 | Mueller Water Products | 3.92 Bn | 3.42 Bn | 155.80 Mn | 20.36% |
Historic Data
Download 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% |