MWA on NYSE

Mueller Water Products

Logo: Kopiersperre ( talk ), Public domain, via Wikimedia Commons5

American water product manufacturer

Mueller Water Products, Inc. (MWP) is a publicly traded company headquartered in Atlanta, Georgia. It is one of the largest manufacturers and distributors of fire hydrants, gate valves, and other water infrastructure products in North America. MWP is made up of two business units—Mueller Co. and Mueller Technologies—that oversee more than a dozen brands and affiliates, including Echologics and Mueller Systems.3 It employed 4,200 people.1 Its shares trade on NYSE under the symbol MWA.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$1.4BRevenue, fiscal 20256
$191.7MNet income, fiscal 20256
2005Founded1

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  • TickerMWA on NYSE1
  • IndustryMiscellaneous Fabricated Metal Products1
  • HeadquartersAtlanta1
  • Websitewww.muellerwaterproducts.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address1200 Abernathy Rd, Ne, Suite 1200, Atlanta, Ga 303287
  • Filer categoryLarge accelerated filer7
  • LEI549300F7ZU4P1F8V8L604
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 40334004

Mueller Water Products, Inc. (MWP) is a publicly traded company headquartered in Atlanta, Georgia. It is one of the largest manufacturers and distributors of fire hydrants, gate valves, and other water infrastructure products in North America. MWP is made up of two business units—Mueller Co. and Mueller Technologies—that oversee more than a dozen brands and affiliates, including Echologics and Mueller Systems.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

36.1%Gross margin6
18.2%Operating margin6
13.4%Net margin6
8.7%Revenue growth, 20256
19.5%Return on equity6
0.46×Debt to equity6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Water Flow Solutions brought in 58% of the revenue Mueller Water Products broke down this way in fiscal 2025.

  1. Water Flow Solutions$824.9M658%up 9% from 2024
  2. Water Management Solutions$604.8M642%up 8% from 2024
Business segments by year
Business segments202320242025
Water Flow Solutions$634.4M$755.5M$824.9M
Water Management Solutions$641.3M$559.2M$604.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue63¢$913.0M
  • Research and development1¢$19.9M
  • Selling, general and admin17¢$247.3M
  • Interest1¢$20.0M
  • Income tax4¢$62.5M
  • Profit13¢$191.7M

Out of $1.4B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid19¢$41.9M
  • Share buybacks7¢$15.0M
  • Kept or used elsewhere74¢$162.4M

Out of $219.3M of cash from operations.6

Financial statements

Revenue10111213146$1.4B in 2025+56% since 2018
0$500.0M$1.0B$1.5B2018: $916.0M$916.0M20182019: $968.0M$968.0M2019+6%2020: $964.1M$964.1M2020−0%2021: $1.1B$1.1B2021+15%2022: $1.2B$1.2B2022+12%2023: $1.3B$1.3B2023+2%2024: $1.3B$1.3B2024+3%2025: $1.4B$1.4B2025+9%
Gross profit10111213146$516.7M in 2025+78% since 2018
0$200.0M$400.0M$600.0M2018: $289.9M$289.9M20182019: $320.9M$320.9M2019+11%2020: $328.2M$328.2M2020+2%2021: $358.5M$358.5M2021+9%2022: $364.3M$364.3M2022+2%2023: $379.5M$379.5M2023+4%2024: $459.0M$459.0M2024+21%2025: $516.7M$516.7M2025+13%
Operating income10111213146$260.6M in 2025+114% since 2018
0$100.0M$200.0M$300.0M2018: $121.7M$121.7M20182019: $124.3M$124.3M2019+2%2020: $116.8M$116.8M2020−6%2021: $131.7M$131.7M2021+13%2022: $111.6M$111.6M2022−15%2023: $127.4M$127.4M2023+14%2024: $181.7M$181.7M2024+43%2025: $260.6M$260.6M2025+43%
Net income10111213146$191.7M in 2025+82% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $105.6M$105.6M20182019: $63.8M$63.8M2019−40%2020: $72.0M$72.0M2020+13%2021: $70.4M$70.4M2021−2%2022: $76.6M$76.6M2022+9%2023: $85.5M$85.5M2023+12%2024: $115.9M$115.9M2024+36%2025: $191.7M$191.7M2025+65%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-09-302024-09-302023-09-30
Revenues$1.4B$1.3B$1.3B
Cost of sales$913.0M$855.7M$896.2M
Gross profit$516.7M$459.0M$379.5M
Selling, general and administrative$247.3M$245.2M$241.9M
Restructuring Charges$8.8M$15.8M$10.2M
Goodwill, Impairment Loss$0$16.3M$0
Total operating expenses$256.1M$277.3M$252.1M
Operating income$260.6M$181.7M$127.4M
Pension (benefit) expense other than service-$200.0K$4.0M$3.7M
Interest expense, net$6.6M$12.7M$14.7M
Other expense$0$1.6M$0
Income before income taxes$254.2M$163.4M$109.0M
Income tax expense (benefit)$62.5M$47.5M$23.5M
Net income$191.7M$115.9M$85.5M
Net income (loss) per basic share$1.23$0.74$0.55
Net income (loss) per diluted share$1.22$0.74$0.55
Basic, in shares156.4M shares155.9M shares156.3M shares
Diluted, in shares157.5M shares156.9M shares156.8M shares
Dividends declared per share, in dollars per share$0.27$0.26$0.24

Compare Mueller Water Products with another company

Corporate structure

Mueller Water Products sits at the top of its group. 29 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Mueller Water Products

  • Mueller Water Products Atlanta, Georgia, United States
    • CAM Valves and Automation, LLC Subsidiary · Kansas, United States
    • Echologics Pte. Ltd. Subsidiary · Singapore
    • Henry Pratt Company, LLC Subsidiary · Delaware, United States
    • Henry Pratt International, LLC Subsidiary · Delaware, United States
    • i2O Water International Holdings Limited Subsidiary · United Kingdom
    • i2O Water Latinoamérica S.A.S. Subsidiary · Colombia
    • i2O Water Ltd Subsidiary · United Kingdom
    • i2O Water Malaysia Sdn. Bhd. Subsidiary · Malaysia
    • Krausz Industries Development Ltd. Subsidiary · Israel
    • Krausz Industries Ltd. Subsidiary · Israel
    • Krausz USA Inc. Subsidiary · Delaware, United States
    • Mueller Canada Holdings Corp. Subsidiary · Canada
    • Mueller Canada Ltd. Subsidiary · Canada
    • Mueller Co. International Holdings, LLC Subsidiary · Delaware, United States
    • Mueller Co. LLC Subsidiary · Delaware, United States
    • Mueller Denmark ApS Subsidiary · Denmark
    • Mueller FBM, Inc. Subsidiary · Delaware, United States
    • Mueller Group Co-Issuer, Inc. Subsidiary · Delaware, United States
    • Mueller Group, LLC Subsidiary · Delaware, United States
    • Mueller International, LLC Subsidiary · Delaware, United States
    • Mueller Products and Solutions, LLC Subsidiary · Delaware, United States
    • Mueller Property Holdings, LLC Subsidiary · Delaware, United States
    • Mueller Service California, Inc. Subsidiary · Delaware, United States
    • Mueller Service Co., LLC Subsidiary · Delaware, United States
    • Mueller Systems, LLC Subsidiary · Delaware, United States
    • and 3 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Mueller Water Products reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$6.5M6 Sep 30, 2025$6.5M6 Sep 30, 20240%
Buildings and improvements$133.6M6 Sep 30, 2025$126.6M6 Sep 30, 2024+5.5%
Machinery and equipment$590.3M6 Sep 30, 2025$550.4M6 Sep 30, 2024+7.2%
Construction in progress$53.7M6 Sep 30, 2025$45.2M6 Sep 30, 2024+18.8%
Property and equipment, before depreciation$784.1M6 Sep 30, 2025$728.7M6 Sep 30, 2024+7.6%
Accumulated depreciation$448.4M6 Sep 30, 2025$409.9M6 Sep 30, 2024+9.4%
Property and equipment, net$335.7M6 Sep 30, 2025$318.8M6 Sep 30, 2024+5.3%
Operating-lease assets (leased space)$27.3M6 Sep 30, 2025$26.9M6 Sep 30, 2024+1.5%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$89.2M6 Sep 30, 2025$80.7M6 Sep 30, 2024+10.5%
Intangible assets, net (excluding goodwill)$307.3M6 Sep 30, 2025$309.7M6 Sep 30, 2024−0.8%
Accumulated amortization$467.9M6 Sep 30, 2025$460.6M6 Sep 30, 2024+1.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$328.7M6 Sep 30, 2025$301.7M6 Sep 30, 2024+8.9%
Work in process$67.5M6 Sep 30, 2025$65.8M6 Sep 30, 2024+2.6%
Finished goods$91.7M6 Sep 30, 2025$72.3M6 Sep 30, 2024+26.8%

Properties, in its own words

Our principal properties are listed below.

Location · Activity · Square Footage · Owned orleased

The rest of Item 2

Albertville, AL · Manufacturing · 444,000 · Owned

Ariel, Israel · Manufacturing · 218,300 · Leased

Ariel, Israel · Research and development · 2,700 · Leased

Atlanta, GA · Corporate headquarters · 25,000 · Leased

Atlanta, GA · Research and development · 21,000 · Leased

Barrie, Ontario · Distribution · 50,000 · Leased

Brownsville, TX · Manufacturing · 50,000 · Leased

Calgary, Alberta · Distribution · 40,000 · Leased

Chattanooga, TN · Manufacturing · 525,000 · Owned

Chattanooga, TN · General and administration · 17,000 · Leased

Chattanooga, TN · Research and development · 22,000 · Leased

Cleveland, NC · Manufacturing · 190,000 · Owned

Cleveland, TN · Manufacturing · 109,500 · Owned

Cleveland, TN · Distribution · 100,000 · Leased

Dallas, TX · Distribution · 26,000 · Leased

Decatur, IL · Manufacturing · 467,000 · Owned

Decatur, IL · Manufacturing · 168,000 · Owned

Emporia, KS · Distribution · 63,000 · Leased

Jingmen, China · Manufacturing · 154,000 · Owned

Kimball, TN · Manufacturing · 233,000 · Owned

Ocala, FL · Distribution · 50,000 · Leased

Ontario, CA · Distribution · 73,000 · Leased

Rosh Haayin, Israel · General and administration · 8,400 · Leased

Southampton, United Kingdom · Research and development · 2,300 · Leased

Toronto, Ontario · Research and development · 18,000 · Leased

Our locations are not managed by segment as several of our locations are not dedicated to products from only one of our two segments. We consider our facilities to be well maintained and believe we have sufficient capacity to meet our anticipated needs through 2026. Our leased properties have terms expiring at various dates through 2034.

Item 2 of the 10-K filed Nov 19, 2025.18

The story

Mueller Water Products was incorporated as a standalone business on September 22, 2005, but the company traces the history of its business units, subsidiaries and brands back as far as 1857, when the forerunner to Mueller Co. was founded by Hieronymus Mueller in Decatur, Illinois. Providence Steam and Gas Pipe became General Fire Extinguisher Co. in 1892 after merging with several sprinkler manufacturers, and was later renamed Grinnell Co. in 1919, after the company's president, Frederick Grinnell. In 1899, 12 companies incorporated as United States Cast Iron Pipe and Foundry Company, which would later be known as U.S. Pipe after dropping "cast iron" from the company name in 1929. Grinnell Co. became known as Anvil International in 2000.

Jim Walter Corporation acquired U.S. Pipe in 1969, and in 2005, it acquired Mueller Co. and Anvil International. The three businesses were combined to form Mueller Water Products. The combined entity was then spun off as the publicly held Mueller Water Products, Inc. in 2006, moving its headquarters from the company's birthplace of Decatur, Illinois, to Atlanta, Georgia. Initially, MWP operated with three business units—Mueller Co., Anvil International, and U.S. Pipe. However, in 2012 Mueller Water Products divested U.S. Pipe to Wynnchurch Capital, Ltd., retaining only the valve and hydrant division, which now operates under the Mueller Co. business unit. Early in 2017 Mueller Water Products sold its Anvil International division to One Equity Partners and also completed the acquisition of Singer Valve, a manufacturer of automatic control valves.

From Wikipedia’s article on Mueller Water Products, shared under CC BY-SA 4.0.8

Leadership

Who has led Mueller Water Products, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (53)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • CAM Valves and Automation, LLC Kansas9
  • Echologics Pte. Ltd. Singapore9
  • Echologics, LLC Delaware9
  • Henry Pratt Company, LLC Delaware9
  • Henry Pratt International, LLC Delaware9
  • Krausz Industries Development Ltd. Israel9
  • Krausz Industries Ltd. Israel9
  • Krausz USA Inc. Delaware9
  • MWP Israel, Ltd Israel9
  • Mueller Canada Holdings Corp. Canada9
  • Mueller Canada Ltd. Canada9
  • Mueller Co. International Holdings, LLC Delaware9
  • Mueller Co. LLC Delaware9
  • Mueller Denmark ApS Denmark9
  • Mueller FBM, Inc. Delaware9
  • Mueller Group Co-Issuer, Inc. Delaware9
  • Mueller Group, LLC Delaware9
  • Mueller International Holdings Limited United Kingdom9
  • Mueller International, LLC Delaware9
  • Mueller Products and Solutions, LLC Delaware9
  • Mueller Property Holdings, LLC Delaware9
  • Mueller Service California, Inc. Delaware9
  • Mueller Service Co., LLC Delaware9
  • Mueller Systems, LLC Delaware9
All 30 listed subsidiaries
  • OSP, LLC Delaware9
  • PCA-Echologics Pty Ltd. Australia9
  • i2O Water International Holdings Limited United Kingdom9
  • i2O Water Latinoamérica S.A.S. Colombia9
  • i2O Water Ltd United Kingdom9
  • i2O Water Malaysia Sdn. Bhd. Malaysia9

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Timeline

  1. Oct 13, 20268-K Executive or director change; Regulation FD disclosure87
  2. Aug 5, 20268-K Results of operations88
  3. Jun 18, 20268-K Executive or director change89
  4. May 5, 20268-K Results of operations90
  5. Feb 25, 20268-K Regulation FD disclosure91
  6. Feb 23, 20268-K Executive or director change92
  7. Feb 12, 2026New chief executive Paul McAndrew becomes CEO19
  8. Feb 12, 20268-K Shareholder vote93
  9. Feb 4, 20268-K Results of operations94
  10. Nov 10, 20258-K Regulation FD disclosure95
  11. Nov 6, 20258-K Results of operations96
  12. Nov 6, 20258-K Executive or director change; Regulation FD disclosure97
  13. Oct 24, 20258-K Other events98
  14. Sep 5, 2023New chief executive Marietta Edmunds Zakas becomes CEO20
  15. Jan 25, 2017New chief executive J. Scott Hall becomes CEO21
  16. May 25, 2006New chief executive Gregory E. Hyland becomes CEO23
  17. May 25, 2006New chief executive Dale B. Smith becomes CEO22
  18. 2005Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.38 a share, on Nov 6, 2025.99

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results88
  2. May 5, 2026Reported quarterly or annual results90
  3. Feb 4, 2026Reported quarterly or annual results94
  4. Nov 6, 2025Reported quarterly or annual results96
  5. Aug 4, 2025Reported quarterly or annual results100
  6. May 5, 2025Reported quarterly or annual results101
  7. Feb 4, 2025Reported quarterly or annual results102
  8. Nov 6, 2024Reported quarterly or annual results103

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

517 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 68 major events, 344 insider forms, 27 large holders, 58 other. The latest 20:

  1. Oct 13, 20268-K EDGAR
  2. Oct 9, 20264 EDGAR
  3. Sep 21, 2026S-8 EDGAR
  4. Sep 3, 20264 EDGAR
  5. Sep 1, 2026144 EDGAR
  6. Sep 1, 20264 EDGAR
  7. Aug 31, 2026144 EDGAR
  8. Aug 31, 20264 EDGAR
  9. Aug 26, 2026144 EDGAR
  10. Aug 26, 20264 EDGAR
  11. Aug 19, 20264 EDGAR
  12. Aug 10, 2026144 EDGAR
  13. Aug 10, 20264 EDGAR
  14. Aug 6, 202610-Q EDGAR
  15. Aug 5, 20268-K EDGAR
  16. Jul 30, 20263 EDGAR
  17. Jul 8, 20264 EDGAR
  18. Jun 18, 20268-K EDGAR
  19. Jun 10, 20264 EDGAR
  20. Jun 1, 2026SD EDGAR

The 517 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

68 open-market trades by officers, directors and large owners since October 2021: 12 buys and 56 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Helms Todd PSale9,997$23.67$236.6KForm 4
Sep 1, 2026Ortiz ChristineDirectorSale550$23.93$13.2KForm 4
Aug 31, 2026Ortiz ChristineDirectorSale12,048$24.23$291.9KForm 4
Aug 26, 2026Feyerherm Richelle R.VP, CAO and Corp. ControllerSale3,000$25.00$75.0KForm 4
Aug 10, 2026McAndrew PaulPresident and CEOSale40,000$26.39$1.1MForm 4
Jul 7, 2026Healy Brian C.DirectorBuy1,183$25.33$30.0KForm 4
May 28, 2026ZAKAS MARIETTA EDMUNDSFormer Officer and DirectorSale54,254$25.26$1.4MForm 4
May 15, 2026Healy Brian C.DirectorBuy1,166$25.75$30.0KForm 4
Mar 17, 2026Helms Todd PSale10,720$27.61$296.0KForm 4
Feb 25, 2026SENGSTACK GREGG CDirectorBuy25,000$29.58$739.5KForm 4
Feb 19, 2026Helms Todd PSale10,720$29.72$318.6KForm 4
Jan 7, 2026Healy Brian C.DirectorBuy1,125$24.41$27.5KForm 4
Dec 9, 2025Heinrichs Steven SSale33,522$24.29$814.2KForm 4
Dec 4, 2025Helms Todd PSale15,094$24.62$371.6KForm 4
Oct 7, 2025Healy Brian C.DirectorBuy1,070$25.78$27.6KForm 4
Sep 8, 2025Smith Suzanne GSale750$26.79$20.1KForm 4
Aug 28, 2025Smith Suzanne GSale1,288$26.91$34.7KForm 4
Aug 28, 2025Heinrichs Steven SSale10,310$26.86$276.9KForm 4
Aug 18, 2025HANSEN THOMAS JDirectorSale24,005$26.15$627.7KForm 4
Aug 15, 2025Smith Suzanne GSale8,621$26.37$227.3KForm 4

All 68 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Marietta Edmunds ZakasChief Executive Officer$931.3K$6.9M113
2025Paul McAndrewPresident and Chief Operating Officer52$574.9K$3.0M113
2025Melissa RasmussenSenior Vice President and Chief Financial Officer$321.0K$2.6M113
2025Steven S. HeinrichsFormer Executive Vice President, Chief Financial Officer and Chief Legal and Compliance Officer$227.5K$2.4M113
2025Scott P. FloydSenior Vice President, Sales and Marketing$413.9K$1.5M113
2025Todd P. HelmsSenior Vice President and Chief Human Resources Officer$396.9K$1.4M113
2024Marietta Edmunds ZakasChief Executive Officer$900.0K$6.2M113
2024Paul McAndrewPresident and Chief Operating Officer52$496.0K$3.1M113
2024Steven S. HeinrichsFormer Executive Vice President, Chief Financial Officer and Chief Legal and Compliance Officer$550.0K$2.8M113
2024Scott P. FloydSenior Vice President, Sales and Marketing$386.2K$1.9M113
2024Todd P. HelmsSenior Vice President and Chief Human Resources Officer$387.2K$1.4M113
2023Marietta Edmunds ZakasChief Executive Officer$512.1K$4.6M113
2023Steven S. HeinrichsFormer Executive Vice President, Chief Financial Officer and Chief Legal and Compliance Officer$477.2K$2.6M113
2023Paul McAndrewPresident and Chief Operating Officer52$306.1K$2.6M113
2023Todd P. HelmsSenior Vice President and Chief Human Resources Officer$379.6K$1.1M113
2023Scott P. FloydSenior Vice President, Sales and Marketing$341.3K$977.2K113

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.25,686,966$663.5M0.0%+551,943
Vanguard Portfolio Management LLC11,572,350$298.9M0.0%+223,219
Vanguard Capital Management LLC7,033,404$181.7M0.0%+15,681
State Street Corp6,330,173$163.5M0.0%+98,002
First Trust Advisors LP6,103,655$157.7M0.1%+66,976
Fiduciary Management Inc /wi/5,902,018$152.4M2.2%+1,745,819
Geode Capital Management, LLC5,029,693$129.9M0.0%+371,086
Fuller & Thaler Asset Management, Inc.4,905,739$126.7M0.3%−261,937
Franklin Resources Inc4,771,990$123.3M0.0%+1,395,015
Dimensional Fund Advisors LP3,749,755$96.9M0.0%+146,215
Impax Asset Management Group plc2,967,471$76.6M0.5%+19,190
Amundi2,873,433$74.2M0.0%+611,798
American Century Companies Inc2,701,300$69.8M0.0%−171,658
Principal Financial Group Inc2,662,926$68.8M0.0%−157,171
Gamco Investors, Inc. Et Al2,538,072$65.6M0.6%−11,395
Nuveen, LLC2,348,904$60.7M0.0%+535,930
Morgan Stanley2,273,797$58.7M0.0%+106,095
Jupiter Topco LLC2,205,138$57.0M0.0%New
Charles Schwab Investment Management Inc1,874,750$48.4M0.0%+18,398
Northern Trust Corp1,693,743$43.7M0.0%+106,778
Federated Hermes, Inc.1,671,887$43.2M0.1%+208,738
Invesco Ltd.1,657,446$42.8M0.0%−368,327
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,631,597$42.1M0.1%+120,828
Allianz Asset Management GmbH1,167,258$32.1M0.0%No change
UBS Group AG1,241,898$32.1M0.0%+315,247

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Mueller Water Products is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMueller Water Products, Inc.2
  • CIK0001350593
  • Employer ID (EIN)20-354709518
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsSeptember 302
  • Industry code (SIC)3490 Miscellaneous Fabricated Metal Products2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address1200 Abernathy Rd, Ne, Suite 1200, Atlanta, GA 303282
  • Phone770-206-42002
  • Shares outstanding156,125,679 as of Jul 31, 202616
  • Public float$4.0B as of Mar 31, 202518
  • AuditorErnst & Young LLP, Atlanta, Georgia PCAOB ID 42; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceFeb 3, 20062
  • Filings1,864 in all: 4 (975), 8-K (355), SC 13G/A (96), 3 (69), 10-Q (63), SC 13G (54), 4/A (41), 144 (39)2
    All 43 form types

    10-K (20), 5 (20), DEF 14A (20), UPLOAD (15), SD (13), ARS (9), 8-K/A (7), CORRESP (7), S-8 (6), EFFECT (5), SCHEDULE 13G (5), SCHEDULE 13G/A (5), S-1/A (4), SC 13D (4), 3/A (3), SC 13D/A (3), 10-Q/A (2), 5/A (2), 8-A12B (2), CERTNYS (2), S-3 (2), S-4 (2), S-4/A (2), 25-NSE (1), 424B3 (1), 424B4 (1), 424B5 (1), 8-K15D5 (1), FWP (1), NT 10-K (1), NT 10-Q (1), PRE 14A (1), S-1 (1), S-1MEF (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Nov 19, 2025
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Dec 19, 2025
    Latest 8-K (8-K) Oct 13, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.01MWANew York Stock Exchange

From the cover page of the 10-K filed Nov 19, 2025 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Mueller Water Products names in Item 1A of its 10-K filed Nov 19, 2025: 36 risks under these headings, as written.18

  • Risks related to our industries
  • A significant portion of our business depends on spending for water and wastewater infrastructure construction activity.
  • Residential construction activity is important to our business and adverse conditions or sustained uncertainty within this market could adversely affect our financial results.
  • Our business depends on a small group of key customers for a significant portion of our sales.
  • Strong competition could adversely affect prices and demand for our products and services, which would adversely affect our operating results and financial condition.
  • The long-term success of our newer systems and solutions, including the related products, software and services, such as smart metering, leak detection, pressure monitoring and pipe condition assessment, depends on market acceptance.
  • Risks related to our business strategy
  • We may not be able to adequately manage the risks associated with our products, systems and solutions, including increased warranty costs.
  • Our products and services may be affected from time to time by design and manufacturing defects that could materially adversely affect the business and result in harm to our reputation.
  • Inefficient or ineffective capital allocation, along with increased capital expenditures to modernize our aging facilities and expand our capabilities and capacity, could adversely affect our operating results, cash availability, strategic opportunities and/or stockholder value.
  • Our business strategy includes developing, acquiring and investing in companies and technologies that broaden our product portfolio or complement our existing business, which could be unsuccessful or consume significant resources and adversely impact our operating results.
  • Potential international business opportunities may expose us to additional risks, including foreign currency exchange rate fluctuations.
The other 26 risks
  • Risks related to our operations
  • Our reliance on vendors for certain products, some of which are single-source or limited-source suppliers, could harm our business by adversely affecting product availability, reliability or cost.
  • A disruption in our supply chain or other factors impacting the distribution of our products could adversely affect our business.
  • Seasonal demand for certain of our products and services may adversely affect our financial results.
  • Transportation costs are relatively high for most of our products.
  • Our business, financial condition and results of operations may be adversely impacted by the effects of inflation.
  • Our high fixed costs may make it more difficult for us to respond to economic cycles.
  • We may experience difficulties implementing upgrades to our software systems.
  • Normal operations at our key manufacturing facilities may be interrupted.
  • Any inability to protect our intellectual property or our failure to effectively defend against intellectual property infringement claims could adversely affect our competitive position.
  • If we do not successfully maintain our information and technology networks, including the security of those networks, our operations could be disrupted and unanticipated increases in costs and/or decreases in sales could result.
  • We may fail to effectively manage confidential data, which could harm our reputation, result in substantial additional costs and subject us to litigation.
  • Cyberattacks and security vulnerabilities could lead to reduced sales, increased costs, liability claims, unauthorized access to customer data or harm to our reputation.
  • Challenges and uncertainties with respect to the development, deployment and use of artificial intelligence (“AI”) in our business and products, services and solutions may result in reputational harm, competitive disadvantages and adverse impacts to our operations, business and financial results.
  • Misuse of our technology-enabled products, services and solutions could lead to reduced sales, increased costs, liability claims or harm to our reputation.
  • We are subject to a variety of claims, investigations and litigation that could adversely affect our results of operations and harm our reputation.
  • We are subject to stringent environmental, health and safety laws and regulations that impose significant compliance costs. Any failure to comply with these laws and regulations may adversely affect us.
  • Climate change and legal or regulatory responses thereto may have an adverse impact on our business and results of operations.
  • We rely on successors to Tyco to indemnify us for certain liabilities and they may become financially unable or fail to comply with the terms of the indemnity.
  • Risks related to our human capital
  • We depend on qualified personnel and if we are unable to retain or hire executive officers, key employees and skilled personnel, we may not be able to achieve our strategic objectives and our business may be adversely affected.
  • If we are unable to negotiate collective bargaining agreements on satisfactory terms or we experience strikes, work stoppages, labor unrest or higher than normal absenteeism, our business could suffer.
  • Our expenditures for pension obligations could be materially higher than we have predicted.
  • Risks related to our international operations
  • Any failure to satisfy international trade laws and regulations or to otherwise comply with changes or other trade developments may adversely affect us.
  • If significant tariffs or other restrictions continue to be placed on foreign imports by the United States and related countermeasures are taken by impacted foreign countries, our sales and results of operations may be harmed.
  • The prices of our purchased components and raw materials can be volatile.
  • Our business, operating results and financial condition may be negatively impacted by geopolitical events, including wars, terrorism, industrial accidents and other business interruptions.
  • Other risks related to our business
  • Our business, operations and markets, and those of our suppliers, business partners and customers, may be adversely affected by current and future outbreaks of infectious diseases or other health crises.

Legal proceedings

We are involved in various legal proceedings that have arisen in the normal course of operations. The effect of the outcome of these matters on our financial statements cannot be predicted with certainty as any such effect depends on the amount and timing of the resolution of such matters. Other than the litigation described elsewhere in this Annual Report, we do not believe that any of our outstanding litigation would have a material adverse effect on our business or prospects.

See “Item 1. BUSINESS - Regulatory and Environmental Matters,” “Item 1A. RISK FACTORS - We are subject to stringent environmental, health and safety laws and regulations that impose significant compliance costs. Any failure to comply with these laws and regulations may adversely affect us,” “Item 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS - Contingencies” and Note 15. of the Notes to Consolidated Financial Statements.

The opening of Item 3, Legal Proceedings.18

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