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Mueller Water ProductsMWA +2.18%94 ROE % is 22.63% as of Mar. 2026, which is 64% above its 10-year median of 13.81. GuruFocus rates MWA with a GF Score™ of 94/100 and a GF Value™ of $25.07 (Fairly Valued). Among 3,004 Industrial Products companies, Mueller Water Products ranks better than 90.85% on this metric.
Mueller Water Products (NYSE:MWA) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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.
For the Specialty Industrial Machinery subindustry, Mueller Water Products's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mueller Water Products's ROE % distribution charts can be found below:
* The bar in red indicates where Mueller Water Products's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Mueller Water Products (MWA) has a ROE % of 22.63% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mueller Water Products and its competitors. This is 64% above median its historical median of 13.81. Over the past decade, Mueller Water Products' ROE % has ranged from 10.54 to 27.20. According to the industry distribution chart, Mueller Water Products ranks #275 out of 3004 companies in the Industrial Products industry, placing it in the top 9.2%.
Is Mueller Water Products' ROE % too high?
Mueller Water Products' current ROE % of 22.63% is 64% above median its 10-year median of 13.81. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 27.20. The Industrial Products industry median ROE % is 5.95. Mueller Water Products' value of 22.63% is 280.3% above this industry median. Based on the distribution chart, Mueller Water Products ranks #275 out of 3004 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' ROE % compare to MIR and KAI?
According to the Industrial Products industry distribution chart, Mueller Water Products ranks #275 out of 3004 companies for ROE %. This places Mueller Water Products in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 5.95. Mueller Water Products' value of 22.63% is 280.3% above this benchmark. Historically, Mueller Water Products' own ROE % has ranged from 10.54 to 27.20 over the past decade. While the company's 10-year median is 13.81 vs. the industry median of 5.95, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.95, based on 3,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mueller Water Products's current ROE % of 22.63% is 280.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mueller Water Products and its competitors. For the Industrial Products industry, the median ROE % is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mueller Water Products's current ROE % is 22.63%, which is 64% above median its own 10-year median of 13.81. 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 ROE % is 22.63%, which is 64% above median its 10-year median of 13.81 and 280.3% above the Industrial Products industry median of 5.95. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Mueller Water Products (MWA), the current ROE % is 22.63% 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:
ROE %: 22.63% (64% above median its 10-year median of 13.81)
GF Value™: $25.07 vs. price of $25.79 (2.9% above fair value)
Industry Position: 280.3% above the Industrial Products median (#275 of 3004)
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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