MWA (Mueller Water Products) Net Income: $207 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MWA Mueller Water Products Inc MWA
91 GF Score
Price $26.41
GF Value $25.07
Valuation Fairly Valued
View Full Analysis

What is Mueller Water Products Net Income?

Mueller Water Products MWA -0.71% 91 Net Income is $207 Mil as of Mar. 2026. GuruFocus rates MWA with a GF Score™ of 91/100 and a GF Value™ of $25.07 (Fairly Valued).

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mueller Water Products's Net Income for the three months ended in Mar. 2026 was $59 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $207 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mueller Water Products's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.38.


Mueller Water Products  (NYSE:MWA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mueller Water Products's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mueller Water Products Net Income Related Terms


Mueller Water Products Net Income Historical Data

* Premium members only.

The historical data trend for Mueller Water Products's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mueller Water Products Net Income Chart

Mueller Water Products Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.40 76.60 85.50 115.90 191.70

Mueller Water Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.30 52.50 52.60 43.20 59.10
MWA
91GF Score
Mueller Water Products Inc MWA
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mueller Water Products Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mueller Water Products's Net Income for the fiscal year that ended in Sep. 2025 is calculated as

Net Income(A: Sep. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=254.2+-62.5+0+0
=192

Mueller Water Products's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=78.8+-19.7+0+7.105427357601E-15
=59

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $207 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $207 Mil mean?
Mueller Water Products (MWA) has a Net Income of $207 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mueller Water Products and its competitors.
Is Mueller Water Products' Net Income too high?
Mueller Water Products' current Net Income is $207 Mil. Overall, Mueller Water Products has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mueller Water Products' Net Income compare to MIR and KAI?
Mueller Water Products' Net Income of $207 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Industrial Products company?
A good Net Income depends on the Industrial Products industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mueller Water Products and its competitors. Mueller Water Products's current Net Income is $207 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mueller Water Products stock overvalued right now?
Based on GuruFocus' analysis, Mueller Water Products (MWA) is currently considered Fairly Valued. The stock's GF Value™ is $25.07, compared to a current price of $26.41 — trading 5.3% above its estimated fair value. The current Net Income is $207 Mil. Mueller Water Products' overall GF Score™ is 91/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Mueller Water Products (MWA), the current Net Income is $207 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mueller Water Products (MWA) Overvalued in 2026?

Based on GuruFocus' analysis, Mueller Water Products stock appears to be overvalued. The current stock price of $26.41 is trading 5.3% above its estimated GF Value™ of $25.07. GuruFocus considers Mueller Water Products to be Fairly Valued.

Key valuation signals for MWA:

  • Net Income: $207 Mil
  • GF Value™: $25.07 vs. price of $26.41 (5.3% above fair value)
  • GF Score™: 91/100

No single metric tells the full story. See the MWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mueller Water Products Business Description

Other Exchanges JT5:Germany
Address 1200 Abernathy Road N.E., Suite 1200, Atlanta, GA, USA, 30328
Mueller Water Products Inc is a U.S.-based company that manufactures and sells products and services used in the transmission, distribution, and measurement of water. The company operates in two segments: Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment, which derives maximum revenue for the company, includes products like iron gate valves, specialty valves, and service brass products. Water Management Solutions' portfolio includes fire hydrants, repair and installation, natural gas, metering, leak detection, and pressure management and control products and solutions. Geographically, the company derives a majority of its revenue from the United States and the rest from Canada and other international locations.
91GF Score

Get the complete analysis for MWA

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.41
Price
$25.07
GF Value