Mueller Water Products (MWA) Operating Margin (2009 - 2026)
Mueller Water Products (MWA) reported Operating Margin of 20.92% for Q1 2026, up 173.0% on a YoY basis from 7.66% in Q1 2025, and up 17.38% sequentially from 17.82% in Q4 2025.
Mueller Water Products (MWA) Operating Margin (2009 - 2026) Analysis & Trends
Mueller Water Products (MWA) has 18 years of Operating Margin data on file, last reported at 20.92% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 173.0% year-over-year to 20.92%; the trailing twelve-month figure through Mar 2026 stood at 19.16% (up 367.0% YoY), and the FY2025 full-year result was 18.23%, up 441.0% from the prior year.
- Operating Margin climbed to 20.92% in Q1 2026, from 17.82% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 20.92% in Q1 2026 to a low of 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.
- Across the five-year window, Operating Margin tumbled 590 bps in 2022 and surged 1012 bps in 2025, its largest moves.
- Tracing MWA's Operating Margin over 5 years: stood at 10.8% in 2022, then decreased by 18 bps to 8.89% in 2023, then jumped by 75 bps to 15.58% in 2024, then rose by 14 bps to 17.82% in 2025, then climbed by 17 bps to 20.92% in 2026.
- Business Quant data shows MWA's Operating Margin at 20.92% in Q1 2026, 17.82% in Q4 2025, and 18.28% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 15.73% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 20.65% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 11.30% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 24.24% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 25.40% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 26.70% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.86% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.68% |
| 10 | Mueller Water Products | 3.92 Bn | 3.50 Bn | 144.50 Mn | 20.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 13.75% |