MWA

BuyFallen FavouriteAI neutral

Mueller Water Products, Inc. · Industrials · United States · $3.5B cap · $33.6M/day traded

$22.26 -0.0% · close 23 Oct · scored 24 Oct

Fallen Favourite: A good business, still expensive, and the price is falling.

70
StockRank
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Quality
80
Value
49
Momentum
35

As of 24 Oct 2026, MoatMap's StockRank for Mueller Water Products, Inc. (MWA) is 70/100, ranked against 24,000+ stocks in 35 markets (Quality 80, Value 49, Momentum 35, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
15.7x
peers 25.9x
ROE
21.7%
peers 8.9%
D/E
0.4x
peers 0.6x
Dividend %
1.2%
trailing yield
AI CONVICTION THESIS

Mueller Water Products makes fire hydrants, valves and smart-metering products for North American water utilities. It holds a strong installed base and specification position, and fiscal third-quarter results showed record EBITDA and raised guidance. It is a solid, steady business, but its demand comes from municipal replacement cycles rather than the macro shifts now under way, forward estimates edged down 1% last month, and the case for material upside from here is not compelling.

ABOUT MUELLER WATER PRODUCTS, INC.

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Mueller Water Products is a leading manufacturer and marketer of products and services for water infrastructure, including fire hydrants, gate valves, and smart water technology solutions. The company benefits from a strong brand legacy, extensive installed base, and critical product offerings essential for municipal water and wastewater systems, often operating under long replacement cycles. It is a specialized industrial manufacturer with a dominant position in foundational water infrastructure components and emerging smart water technologies.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue1.2B1.3B1.3B1.4B4.7%1.5B1.5B1.5B2.9%
EPS0.490.550.741.2335.9%1.421.471.489.5%
Shares155.8M155.9M156.2M156.3M+0.3%156.1M———
Debt473.7M472.1M449.5M451.6M-1.6%452.9M———
Equity669.3M711.5M810.1M981.7M13.6%————
Op CF52.3M109.0M238.8M219.3M61.3%237.7M———
Inv CF-54.9M-42.1M-47.2M-47.1M—————
Fin CF-72.0M-48.8M-46.0M-58.3M—————
Loading 1Y...
PRICE (1Y) · USD-3.6%
21.221.722.222.623.114 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkFinding a floorExperimental

No new 52-week low for 3 weeks, 7% above that low, but not back above a rising 50-day average.

SwingsCalm

Calmer than 83% of stocks we rank over the past year (25% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$22.26
RSI (14)
60.4
52-Week Range-27.8% from high
Low $20.90High $30.84

SCORE BREAKDOWN

Quality
80
ROIC
19.5%85.1
ROE
21.7%86.4
GP/Assets
30.6%78.9
Op. Margin
23.9%90.5
FCF/Assets
9.8%84.0
Piotroski
890.8
Int. Cover
16.1x61.2
D/E Ratio
0.40x46.7
Current Ratio
4.64x92.2
Value
49
P/E (TTM)
15.7x61.0
EV/EBITDA
9.5x61.6
P/FCF
19.4x50.5
P/B
3.1x32.1
P/S
2.3x35.2
Div Yield
1.2%33.9
Momentum
35
52W High %
72%51.7
RS 6M
-28%19.8
SMA 50/200
0.89x25.1
EPS Rev 4W
-0.9%9.0
EPS Rev 12W
+0.3%65.0
EPS Improve
+11%25.4
Q Growth
28%59.8

FUNDAMENTALS

Market Cap
$3.5B
P/E (Forward)
14.2x
Gross Margin
38.1%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of MWA are excluded.

TickerCompanyMkt CapStockRankSignal
MWAMueller Water Products, Inc.(you)$3.5B70Buy
FELEFranklin Electric Co., Inc.$4.3B63Hold
GTESGates Industrial Corporation Ltd.$6.3B67Buy
EPACEnerpac Tool Group Corp.$1.8B76Buy
KAIKadant Inc.$3.1B53Hold
HLIOHelios Technologies, Inc.$2.2B60Hold
AOSA. O. Smith Corporation$8.4B74Buy
DCIDonaldson Company, Inc.$9.8B70Buy
GRCThe Gorman-Rupp Company$1.9B59Hold
MIDDThe Middleby Corporation$5.1B53Hold

Peer medians: ROE 8.9% · P/E 25.9x · Gross margin 29.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Mueller Water Products, Inc. (MWA): Stock Score Summary

Mueller Water Products, Inc. (MWA) has a MoatMap StockRank of 70/100 based on Quality (80/100), Value (49/100), and Momentum (35/100) factor scores. The current signal is BUY. Mueller Water Products makes fire hydrants, valves and smart-metering products for North American water utilities. It holds a strong installed base and specification position, and fiscal third-quarter results showed record EBITDA and raised guidance. It is a solid, steady business, but its demand comes from municipal replacement cycles rather than the macro shifts now under way, forward estimates edged down 1% last month, and the case for material upside from here is not compelling.

Mueller Water Products is a leading manufacturer and marketer of products and services for water infrastructure, including fire hydrants, gate valves, and smart water technology solutions. The company benefits from a strong brand legacy, extensive installed base, and critical product offerings essential for municipal water and wastewater systems, often operating under long replacement cycles. It is a specialized industrial manufacturer with a dominant position in foundational water infrastructure components and emerging smart water technologies.

Key Financial Metrics

Price$22.26
Market Cap$3.5B
P/E (TTM)15.68
P/E (Forward)14.16
Price/Book3.10
Return on Equity21.7%
Return on Invested Capital19.5%
Debt/Equity0.40x
Gross Margin38.1%
Operating Margin23.9%
Revenue Growth4.1%
Dividend Yield1.2%
Free Cash Flow$180M

Mueller Water Products, Inc. operates in the Specialty Industrial Machinery industry, part of the Industrials sector (United States).

Frequently Asked Questions

What is Mueller Water Products, Inc.’s (MWA) StockRank?
MoatMap’s StockRank for Mueller Water Products, Inc. (MWA) is 70/100, with a Buy signal. It is a composite of Quality (80), Value (49), and Momentum (35), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Mueller Water Products, Inc. have an economic moat?
Mueller Water Products, Inc. (MWA) has a Quality factor score of 80/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Mueller Water Products, Inc. a buy, hold, or sell?
MoatMap’s current signal for Mueller Water Products, Inc. (MWA) is Buy, based on a StockRank of 70/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Mueller Water Products, Inc. in?
Mueller Water Products, Inc. (MWA) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (United States).