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Mueller Water ProductsMWA +2.18%94 Return-on-Tangible-Equity is 36.59% as of Mar. 2026, which is 17% below its 10-year median of 44.08. GuruFocus rates MWA with a GF Score™ of 94/100 and a GF Value™ of $25.07 (Fairly Valued). Among 2,973 Industrial Products companies, Mueller Water Products ranks better than 92.9% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mueller Water Products's annualized net income for the quarter that ended in Mar. 2026 was $236 Mil. Mueller Water Products's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $646 Mil. Therefore, Mueller Water Products's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 36.59%.
The historical rank and industry rank for Mueller Water Products's Return-on-Tangible-Equity or its related term are showing as below:
MWA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 32.95 Med: 44.08 Max: 751.83
Current: 35.8
During the past 13 years, Mueller Water Products's highest Return-on-Tangible-Equity was 751.83%. The lowest was 32.95%. And the median was 44.08%.
MWA's Return-on-Tangible-Equity is ranked better than 92.9% of 2973
companies
in the Industrial Products industry
Industry Median: 6.79
vs MWA: 35.80
Mueller Water Products (NYSE:MWA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Mueller Water Products Return-on-Tangible-Equity Related Terms
Mueller Water Products Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mueller Water Products's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart
MWA vs MIR, KAI, SXI: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Mueller Water Products's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mueller Water Products Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mueller Water Products's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mueller Water Products's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 36.59% mean?
Mueller Water Products (MWA) has a Return-on-Tangible-Equity of 36.59% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mueller Water Products and its competitors. This is 17% below median its historical median of 44.08. Over the past decade, Mueller Water Products' Return-on-Tangible-Equity has ranged from 32.95 to 751.83. According to the industry distribution chart, Mueller Water Products ranks #211 out of 2973 companies in the Industrial Products industry, placing it in the top 7.1%.
Is Mueller Water Products' Return-on-Tangible-Equity too high?
Mueller Water Products' current Return-on-Tangible-Equity of 36.59% is 17% below median its 10-year median of 44.08. Over the past 10 years, this metric has ranged from a low of 32.95 to a high of 751.83. The Industrial Products industry median Return-on-Tangible-Equity is 6.79. Mueller Water Products' value of 36.59% is 438.9% above this industry median. Based on the distribution chart, Mueller Water Products ranks #211 out of 2973 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mueller Water Products has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mueller Water Products' Return-on-Tangible-Equity compare to MIR and KAI?
According to the Industrial Products industry distribution chart, Mueller Water Products ranks #211 out of 2973 companies for Return-on-Tangible-Equity. This places Mueller Water Products in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.79. Mueller Water Products' value of 36.59% is 438.9% above this benchmark. Historically, Mueller Water Products' own Return-on-Tangible-Equity has ranged from 32.95 to 751.83 over the past decade. While the company's 10-year median is 44.08 vs. the industry median of 6.79, Mueller Water Products has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.79, based on 2,973 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mueller Water Products's current Return-on-Tangible-Equity of 36.59% is 438.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mueller Water Products and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mueller Water Products's current Return-on-Tangible-Equity is 36.59%, which is 17% below median its own 10-year median of 44.08. 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 $25.79 — trading 2.9% above its estimated fair value. The current Return-on-Tangible-Equity is 36.59%, which is 17% below median its 10-year median of 44.08 and 438.9% above the Industrial Products industry median of 6.79. Mueller Water Products' overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Mueller Water Products (MWA), the current Return-on-Tangible-Equity is 36.59% 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 $25.79 is trading 2.9% above its estimated GF Value™ of $25.07.
GuruFocus considers Mueller Water Products to be Fairly Valued.
Key valuation signals for MWA:
Return-on-Tangible-Equity: 36.59% (17% below median its 10-year median of 44.08)
GF Value™: $25.07 vs. price of $25.79 (2.9% above fair value)
Industry Position: 438.9% above the Industrial Products median (#211 of 2973)
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 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.
94GF Score
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