Quarterly ResultAug 6, 2026, 12:21 PM
Mueller Water Q3 Net Income +28.2% to $67.3M; Sales +4.1%
AI Summary
Mueller Water Products reported strong third-quarter fiscal 2026 results with net income increasing 28.2% to $67.3 million and net sales rising 4.1% to $395.9 million. Diluted EPS grew 30.3% to $0.43. For the nine months, net income was up 21.9% to $169.6 million on a 4.7% increase in net sales to $1,098.5 million. The company also saw an increase in cash and cash equivalents and a decrease in total liabilities.
Key Highlights
- Net income for Q3 2026 increased 28.2% to $67.3 million from $52.5 million in Q3 2025.
- Net sales for Q3 2026 rose 4.1% to $395.9 million compared to $380.3 million in Q3 2025.
- Diluted EPS for Q3 2026 was $0.43, up 30.3% from $0.33 in Q3 2025.
- Net cash provided by operating activities for the nine months ended June 30, 2026, increased 13.5% to $154.2 million.
- Cash and cash equivalents increased 14.8% to $495.3 million as of June 30, 2026, from $431.5 million.
- Water Flow Solutions segment net sales were $215.3 million for Q3 2026.
- Water Management Solutions segment net sales were $180.6 million for Q3 2026.
- The company expects an estimated gain of $3.9 million from a New Markets Tax Credit program put option in December 2027.
Price Impact
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