Recent Updates — MWA
Mueller Water Products reported fiscal 2026 third-quarter net sales of $395.9 million, a 4.1% increase year-over-year, driven by higher pricing across most product lines. Reported net income rose 28.2% to $67.3 million, or $0.43 per diluted share, while adjusted net income increased 48.1% to $78.8 million, or $0.50 per diluted share. Adjusted EBITDA grew 24.3% to $107.4 million with an expanded margin of 27.1%. The company raised its full-year fiscal 2026 adjusted EBITDA guidance to between $367 million and $372 million, representing a 12.5% to 14.0% increase over the prior year. Mueller Water Products is a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America.
Todd P. Helms, Senior Vice President and Chief Human Resources Officer, will depart Mueller Water Products, Inc. effective September 1, 2026. The company plans to engage him as a senior advisor via a consulting agreement through September 30, 2026, for a $5,000 consulting fee. Mueller Water Products, Inc. manufactures water infrastructure products and components for municipal and municipal-related markets.