$MWA

Mueller Water Products, Inc.

CIK:0001350593|SEC Filings

Consolidated Statements Of Operations - USD ($) shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Net sales	$ 395.9	$ 380.3	$ 1,098.5	$ 1,048.9
Cost of sales	240.1	234.6	678.4	672.2
Gross profit	155.8	145.7	420.1	376.7
Operating expenses:
Selling, general and administrative expenses	64.0	71.0	183.5	180.6
Restructuring and other charges	11.2	1.0	18.9	5.1
Total operating expenses	75.2	72.0	202.4	185.7
Segment operating income	80.6	73.7	217.7	191.0
Non-operating expense:
Interest expense, net	0.7	1.7	3.3	5.6
Net other expense	0.8	1.7	3.4	5.5
Income before income taxes	79.8	72.0	214.3	185.5
Income tax expense (benefit)	12.5	19.5	44.7	46.4
Net income (loss)	$ 67.3	$ 52.5	$ 169.6	$ 139.1
Net income (loss) per basic share:
Earnings Per Share, Basic	$ 0.43	$ 0.34	$ 1.09	$ 0.89
Net income (loss) per diluted share:
Earnings Per Share, Diluted	$ 0.43	$ 0.33	$ 1.08	$ 0.88
Weighted average shares outstanding:
Basic, in shares	156,300	156,500	156,300	156,500
Diluted, in shares	157,300	157,400	157,300	157,500
Dividends declared per share, in dollars per share	$ 0.070	$ 0.067	$ 0.210	$ 0.201

Consolidated Statements Of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Net cash provided by (used in) operating activities
Net income (loss)	$ 169.6	$ 139.1
Adjustments to reconcile net income (loss) to income (loss) from continuing operations:
Depreciation	31.7	28.7
Amortization	5.4	5.4
Gain (Loss) on Extinguishment of Debt	(0.4)	(0.1)
Stock-based compensation expense	10.5	7.3
Retirement plans	0.5	0.4
Deferred income taxes	18.2	(6.8)
Inventory write-down	9.4	3.1
Other noncash income (expense)	(1.1)	(0.9)
Changes in assets and liabilities, net of acquisitions:
Receivables	8.4	4.2
Inventories	(59.9)	(16.5)
Other current assets and other noncurrent assets	(0.8)	(3.5)
Accounts payable	(3.4)	3.9
Other current liabilities	(42.2)	(25.6)
Long-term liabilities	2.1	(5.7)
Net cash provided by (used in) operating activities, total	154.2	135.8
Investing activities:
Capital expenditures	(43.6)	(32.8)
Proceeds from sales of assets	1.2	0.1
Net cash provided by (used in) investing activities, total	(42.4)	(32.7)
Financing activities:
Dividends paid	(32.8)	(31.4)
Stock repurchased under buyback program	15.5	15.0
Shares retained for employee taxes	(3.9)	(4.3)
Common stock issued	1.9	4.3
Other	(1.2)	(0.8)
Net cash provided by (used in) financing activities, total	(51.5)	(47.2)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	3.5	6.2
Net change in cash and cash equivalents	63.8	62.1
Cash and cash equivalents	495.3	372.0
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Ending Balance	495.3	372.0
Supplemental Cash Flow Information [Abstract]
Interest Paid, Excluding Capitalized Interest, Operating Activity	7.5	9.1
Income Taxes Paid	45.6	49.8
Additional Cash Flow Elements [Abstract]
Capital Expenditures Incurred but Not yet Paid	6.8	5.1
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	1.8	1.7
Asset, Impairment Loss	$ 4.0	$ 1.0

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Sep. 30, 2025
Assets:
Cash and cash equivalents	$ 495.3	$ 431.5
Receivables, net	203.2	211.9
Inventories, net	379.8	328.7
Other current assets	52.0	56.8
Total current assets	1,130.3	1,028.9
Property, plant and equipment, net	345.1	335.7
Goodwill	92.1	89.2
Identifiable intangible assets	300.6	307.3
Other noncurrent assets	85.2	77.8
Total assets	1,953.3	1,838.9
Liabilities and stockholders' equity:
Current portion of long-term debt	1.6	1.2
Accounts payable	131.2	134.4
Accrued liabilities	111.0	154.7
Total current liabilities	243.8	290.3
Long-term debt	451.3	450.4
Deferred income taxes	69.9	51.0
Other noncurrent liabilities	67.9	65.5
Total liabilities	832.9	857.2
Commitments and contingencies (Note 9.)
Preferred Stock, Value, Issued	0.0	0.0
Common stock	1.6	1.6
Additional paid-in capital	1,119.1	1,158.9
Accumulated deficit	(4.6)	(174.2)
Accumulated other comprehensive income (loss)	4.3	(4.6)
Total equity	1,120.4	981.7
Total liabilities and stockholders' equity	$ 1,953.3	$ 1,838.9