Mueller Water Products annual operating margin
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2025
Mueller Water Products Operating Margin Growth & History (MWA)
Mueller Water Products's operating margin was 18.23% for fiscal 2025.
View full Mueller Water Products company overviewMueller Water Products annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 18.23% | +4.41 pp |
| 2024 | 2024-09-30 | 13.82% | +3.83 pp |
| 2023 | 2023-09-30 | 9.99% | +1.04 pp |
| 2022 | 2022-09-30 | 8.95% | −2.91 pp |
| 2021 | 2021-09-30 | 11.85% | −0.26 pp |
| 2020 | 2020-09-30 | 12.11% | −0.73 pp |
| 2019 | 2019-09-30 | 12.84% | −0.45 pp |
| 2018 | 2018-09-30 | 13.29% | +0.93 pp |
| 2017 | 2017-09-30 | 12.36% | −1.65 pp |
| 2016 | 2016-09-30 | 14.01% | +3.98 pp |
| 2015 | 2015-09-30 | 10.03% | −0.44 pp |
| 2014 | 2014-09-30 | 10.48% | −1286.86 pp |
| 2013 | 2013-09-30 | 1,297.33% | +431.12 pp |
| 2012 | 2012-09-30 | 866.22% | +267.35 pp |
| 2011 | 2011-09-30 | 598.86% | +591.60 pp |
| 2010 | 2010-09-30 | 7.26% | +77.36 pp |
| 2009 | 2009-09-30 | −70.10% | — |
Mueller Water Products quarterly operating margin
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Q2.26
Q3.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 20.36% | +0.98 pp |
| Q2 2026 | 2026-03-31 | 20.92% | +1.73 pp |
| Q1 2026 | 2025-12-31 | 17.82% | +2.24 pp |
| Q4 2025 | 2025-09-30 | 18.28% | +10.12 pp |
| Q3 2025 | 2025-06-30 | 19.38% | +0.60 pp |
| Q2 2025 | 2025-03-31 | 19.19% | +1.22 pp |
| Q1 2025 | 2024-12-31 | 15.58% | +6.68 pp |
| Q4 2024 | 2024-09-30 | 8.16% | −0.11 pp |
| Q3 2024 | 2024-06-30 | 18.78% | +7.88 pp |
| Q2 2024 | 2024-03-31 | 17.97% | +8.09 pp |
| Q1 2024 | 2023-12-31 | 8.89% | −1.91 pp |
| Q4 2023 | 2023-09-30 | 8.26% | +4.76 pp |
| Q3 2023 | 2023-06-30 | 10.90% | −0.17 pp |
| Q2 2023 | 2023-03-31 | 9.88% | −1.13 pp |
| Q1 2023 | 2022-12-31 | 10.80% | +0.19 pp |
| Q4 2022 | 2022-09-30 | 3.50% | −5.90 pp |
| Q3 2022 | 2022-06-30 | 11.07% | −2.68 pp |
| Q2 2022 | 2022-03-31 | 11.01% | −1.47 pp |
| Q1 2022 | 2021-12-31 | 10.61% | −1.10 pp |
| Q4 2021 | 2021-09-30 | 9.40% | −5.94 pp |
| Q3 2021 | 2021-06-30 | 13.75% | +5.00 pp |
| Q2 2021 | 2021-03-31 | 12.49% | −1.41 pp |
| Q1 2021 | 2020-12-31 | 11.71% | +2.16 pp |
| Q4 2020 | 2020-09-30 | 15.34% | +0.73 pp |
| Q3 2020 | 2020-06-30 | 8.75% | −8.45 pp |
| Q2 2020 | 2020-03-31 | 13.89% | +4.40 pp |
| Q1 2020 | 2019-12-31 | 9.55% | +1.30 pp |
| Q4 2019 | 2019-09-30 | 14.61% | −1.31 pp |
| Q3 2019 | 2019-06-30 | 17.21% | +4.98 pp |
| Q2 2019 | 2019-03-31 | 9.49% | −3.33 pp |
| Q1 2019 | 2018-12-31 | 8.25% | −3.36 pp |
| Q4 2018 | 2018-09-30 | 15.93% | +1.12 pp |
| Q3 2018 | 2018-06-30 | 12.23% | −6.29 pp |
| Q2 2018 | 2018-03-31 | 12.82% | +7.16 pp |
| Q1 2018 | 2017-12-31 | 11.61% | +3.12 pp |
| Q4 2017 | 2017-09-30 | 14.81% | −11.68 pp |
| Q3 2017 | 2017-06-30 | 18.52% | +8.46 pp |
| Q2 2017 | 2017-03-31 | 5.66% | −5.04 pp |
| Q1 2017 | 2016-12-31 | 8.49% | +1.50 pp |
| Q4 2016 | 2016-09-30 | 26.48% | +16.02 pp |
| Q3 2016 | 2016-06-30 | 10.06% | +1.24 pp |
| Q2 2016 | 2016-03-31 | 10.70% | +7.61 pp |
| Q1 2016 | 2015-12-31 | 6.99% | −6.42 pp |
| Q3 2015 | 2015-06-30 | 10.47% | −2.66 pp |
| Q2 2015 | 2015-03-31 | 8.82% | +0.04 pp |
| Q1 2015 | 2014-12-31 | 3.09% | −2.35 pp |
| Q4 2014 | 2014-09-30 | 13.41% | +2.42 pp |
| Q3 2014 | 2014-06-30 | 13.12% | +4.54 pp |
| Q2 2014 | 2014-03-31 | 8.78% | +5.97 pp |
| Q1 2014 | 2013-12-31 | 5.44% | −3.88 pp |
| Q3 2013 | 2013-06-30 | 10.99% | +6.77 pp |
| Q2 2013 | 2013-03-31 | 8.58% | +5.84 pp |
| Q1 2013 | 2012-12-31 | 2.82% | −6.70 pp |
| Q3 2012 | 2012-06-30 | 9.31% | +5.15 pp |
| Q2 2012 | 2012-03-31 | 4.21% | +5.71 pp |
| Q1 2012 | 2011-12-31 | 2.74% | −0.59 pp |
| Q3 2011 | 2011-06-30 | 9.51% | — |
| Q2 2011 | 2011-03-31 | 4.16% | — |
| Q1 2011 | 2010-12-31 | −1.50% | — |
| Q3 2010 | 2010-06-30 | 3.33% | — |
Mueller Water Products operating margin trends
Over the last five reported fiscal years, Mueller Water Products's operating margin increased from 12.11% to 18.23%, a change of +6.11 percentage points. The latest reported quarter, Q3 2026, shows 20.36%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mueller Water Products filings at SEC.gov ↗