Mueller Water Products Debt-to-Equity Ratio Growth & History (MWA)
Mueller Water Products's debt-to-equity ratio was 0.49 for fiscal 2025.
View full Mueller Water Products company overviewMueller Water Products annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 0.49 | −0.10 | −16.81% |
| 2024 | 2024-09-30 | 0.59 | −0.07 | −10.78% |
| 2023 | 2023-09-30 | 0.66 | −0.04 | −6.29% |
| 2022 | 2022-09-30 | 0.71 | 0.02 | +3.35% |
| 2021 | 2021-09-30 | 0.69 | −0.06 | −7.93% |
| 2020 | 2020-09-30 | 0.75 | −0.01 | −1.48% |
| 2019 | 2019-09-30 | 0.76 | −0.03 | −4.26% |
| 2018 | 2018-09-30 | 0.79 | −0.19 | −19.72% |
| 2017 | 2017-09-30 | 0.98 | −0.17 | −15.02% |
| 2016 | 2016-09-30 | 1.16 | −0.18 | −13.26% |
| 2015 | 2015-09-30 | 1.33 | −0.21 | −13.63% |
| 2014 | 2014-09-30 | 1.55 | −0.28 | −15.56% |
| 2013 | 2013-09-30 | 1.83 | −0.86 | −32.04% |
| 2012 | 2012-09-30 | 2.69 | 0.90 | +50.51% |
| 2011 | 2011-09-30 | 1.79 | 0.08 | +4.79% |
| 2010 | 2010-09-30 | 1.71 | — | — |
Mueller Water Products quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.40 | −0.11 | −21.62% |
| Q2 2026 | 2026-03-31 | 0.42 | −0.13 | −22.83% |
| Q1 2026 | 2025-12-31 | 0.44 | −0.13 | −22.36% |
| Q4 2025 | 2025-09-30 | 0.49 | −0.10 | −16.81% |
| Q3 2025 | 2025-06-30 | 0.52 | −0.09 | −14.59% |
| Q2 2025 | 2025-03-31 | 0.55 | −0.09 | −13.58% |
| Q1 2025 | 2024-12-31 | 0.57 | −0.08 | −12.57% |
| Q4 2024 | 2024-09-30 | 0.59 | −0.07 | −10.78% |
| Q3 2024 | 2024-06-30 | 0.60 | −0.06 | −8.98% |
| Q2 2024 | 2024-03-31 | 0.63 | −0.04 | −6.10% |
| Q1 2024 | 2023-12-31 | 0.65 | — | — |
| Q4 2023 | 2023-09-30 | 0.66 | −0.04 | −6.29% |
| Q3 2023 | 2023-06-30 | 0.66 | −0.01 | −1.60% |
| Q2 2023 | 2023-03-31 | 0.67 | 0.00 | +0.53% |
| Q4 2022 | 2022-09-30 | 0.71 | 0.02 | +3.35% |
| Q3 2022 | 2022-06-30 | 0.67 | −0.02 | −2.45% |
| Q2 2022 | 2022-03-31 | 0.67 | −0.04 | −5.22% |
| Q1 2022 | 2021-12-31 | 0.69 | −0.04 | −5.34% |
| Q4 2021 | 2021-09-30 | 0.69 | −0.06 | −7.93% |
| Q3 2021 | 2021-06-30 | 0.69 | −0.09 | −11.91% |
| Q2 2021 | 2021-03-31 | 0.71 | −0.08 | −10.21% |
| Q1 2021 | 2020-12-31 | 0.72 | −0.08 | −9.72% |
| Q4 2020 | 2020-09-30 | 0.75 | −0.01 | −1.48% |
| Q3 2020 | 2020-06-30 | 0.78 | −0.01 | −0.64% |
| Q2 2020 | 2020-03-31 | 0.79 | −0.03 | −3.23% |
| Q1 2020 | 2019-12-31 | 0.80 | −0.03 | −3.29% |
| Q4 2019 | 2019-09-30 | 0.76 | −0.03 | −4.26% |
| Q3 2019 | 2019-06-30 | 0.79 | −0.04 | −4.80% |
| Q2 2019 | 2019-03-31 | 0.81 | −0.09 | −9.73% |
| Q1 2019 | 2018-12-31 | 0.83 | −0.07 | −7.82% |
| Q4 2018 | 2018-09-30 | 0.79 | −0.19 | −19.72% |
| Q3 2018 | 2018-06-30 | 0.83 | −0.21 | −20.49% |
| Q2 2018 | 2018-03-31 | 0.90 | −0.18 | −16.47% |
| Q1 2018 | 2017-12-31 | 0.90 | −0.25 | −21.46% |
| Q4 2017 | 2017-09-30 | 0.98 | −0.17 | −15.02% |
| Q3 2017 | 2017-06-30 | 1.04 | −0.19 | −15.59% |
| Q2 2017 | 2017-03-31 | 1.08 | −0.23 | −17.41% |
| Q1 2017 | 2016-12-31 | 1.15 | −0.19 | −14.28% |
| Q4 2016 | 2016-09-30 | 1.16 | −0.18 | −13.26% |
| Q3 2016 | 2016-06-30 | 1.24 | −0.23 | −15.88% |
| Q2 2016 | 2016-03-31 | 1.31 | −0.26 | −16.52% |
| Q1 2016 | 2015-12-31 | 1.34 | −0.21 | −13.61% |
| Q4 2015 | 2015-09-30 | 1.33 | −0.21 | −13.63% |
| Q3 2015 | 2015-06-30 | 1.47 | — | — |
| Q2 2015 | 2015-03-31 | 1.57 | −0.28 | −15.00% |
| Q1 2015 | 2014-12-31 | 1.55 | −0.32 | −17.11% |
| Q4 2014 | 2014-09-30 | 1.55 | −0.28 | −15.56% |
| Q2 2014 | 2014-03-31 | 1.84 | −0.60 | −24.45% |
| Q1 2014 | 2013-12-31 | 1.87 | −0.74 | −28.48% |
| Q4 2013 | 2013-09-30 | 1.83 | −0.86 | −32.04% |
| Q3 2013 | 2013-06-30 | 2.31 | −0.04 | −1.52% |
| Q2 2013 | 2013-03-31 | 2.44 | −0.23 | −8.65% |
| Q1 2013 | 2012-12-31 | 2.61 | 0.76 | +41.37% |
| Q4 2012 | 2012-09-30 | 2.69 | 0.90 | +50.51% |
| Q3 2012 | 2012-06-30 | 2.34 | — | — |
| Q2 2012 | 2012-03-31 | 2.67 | 0.96 | +56.17% |
| Q1 2012 | 2011-12-31 | 1.85 | 0.10 | +5.52% |
| Q4 2011 | 2011-09-30 | 1.79 | 0.08 | +4.79% |
| Q2 2011 | 2011-03-31 | 1.71 | — | — |
| Q1 2011 | 2010-12-31 | 1.75 | — | — |
| Q4 2010 | 2010-09-30 | 1.71 | — | — |
Mueller Water Products debt-to-equity ratio trends
Over the last five fiscal years, Mueller Water Products's debt-to-equity ratio decreased from 0.75 to 0.49, a change of −0.25. The latest reported quarter, Q3 2026, shows 0.40.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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