Mueller Water Products (MWA) Return on Invested Capital [ROIC] (2009 - 2026)
Mueller Water Products' Return on Invested Capital [ROIC] came in at 14.57% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 3.04 percentage points from 11.53% a year earlier and up 0.45 percentage points from the prior quarter.
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Analysis
Mueller Water Products (MWA) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Mueller Water Products' Return on Invested Capital [ROIC] was 14.60%, up 3.94 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased in each of the last three fiscal years, with a five-year change of +6.19 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 10.66% in FY2024 (+1.87 pp), 8.78% in FY2023 (+1.11 pp), 7.68% in FY2022 (-1.08 pp) and 8.76% in FY2021 (+0.36 pp).
- The fiscal Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] in data going back to fiscal Q1 2011.
- Year-over-year, Return on Invested Capital [ROIC] has increased for ten consecutive quarters, with an average year-over-year change of +2.40 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q4 2025 (a gain of 3.66 percentage points), and the weakest in fiscal Q3 2022 (a drop of 1.01 percentage points).
- Business Quant data shows MWA's Return on Invested Capital [ROIC] at 14.12% (Q2 2026), 14.05% (Q1 2026) and 13.97% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 16.80% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 18.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 5.47% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 10.72% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 13.34% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 22.04% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 11.23% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 27.11% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 26.27% |
| 10 | Mueller Water Products | 3.80 Bn | 3.80 Bn | 139.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.57% |
| Mar 31, 2026 | 14.12% |
| Dec 31, 2025 | 14.05% |
| Sep 30, 2025 | 13.97% |
| Jun 30, 2025 | 11.53% |
| Mar 31, 2025 | 11.67% |
| Dec 31, 2024 | 11.55% |
| Sep 30, 2024 | 10.31% |
| Jun 30, 2024 | 11.24% |
| Mar 31, 2024 | 9.70% |
| Dec 31, 2023 | 7.96% |
| Sep 30, 2023 | 8.61% |
| Jun 30, 2023 | 7.68% |
| Mar 31, 2023 | 7.85% |
| Dec 31, 2022 | 8.07% |
| Sep 30, 2022 | 7.65% |
| Jun 30, 2022 | 8.54% |
| Mar 31, 2022 | 8.78% |
| Dec 31, 2021 | 8.69% |
| Sep 30, 2021 | 8.60% |
API Access
Mueller Water Products Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MWA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();