Mueller Water Products Reports Record Adjusted EBITDA and 19.8% EPS Growth for Fiscal Year 2026
Mueller Water Products (MWA) reported strong fiscal year 2026 results, characterized by record adjusted EBITDA of $372.2 million, a 14.1% increase from the previous year. Annual net sales reached $1.475 billion, representing 3.2% growth driven by resilient end-market demand and improved commercial execution. The company's adjusted EPS rose 19.8% to $1.57, supported by disciplined cost management and expanded margins. Despite a slight 1.1% dip in Q4 consolidated net sales due to lower volumes, the company provided optimistic guidance for fiscal 2027, projecting sales between $1.44 billion and $1.47 billion (excluding metering results). Management is also executing a strategic transition of its Metering business to Zenner USA, which is expected to yield significant margin expansion despite one-time transition expenses in the coming year.
Tickers: $MWA
Topics: Adjusted EBITDA EPS Free Cash Flow Net Sales Segment Performance