UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Atlanta, GA 30328 (Address of principal executive offices) Commission File Number 001-32892 MUELLER WATER PRODUCTS, INC. (Exact name of registrant as specified in its charter) Delaware 20-3547095 (State ...

Mueller Water Products (MWA) Q2 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Today's conference is being recorded. If you have any objections, you may disconnect at this time. It is now my pleasure to turn the call over to Mr. Whit Kincaid. Sir, you may begin. Speaker1 Good morning, everyone. Thank you for joining us for Mueller Water Products second quarter conference call. Yesterday afternoon, we issued our press release reporting results of operations for the quarter ended 03/31/2025. A copy of t ...

Where Intelligence Meets Infrastructure® Earnings Conference Call 2025 Second Quarter March 31, 2025 May 6, 2025 These slides are not intended to be a stand-alone presentation, but are for use in conjunction with the earnings call Non-GAAP Measures In an effort to provide investors with additional information regarding the Company's results as determined by accounting principles generally accepted in the United States ("GAAP"), the Company also provides non-GAAP information that management believes is usefu ...

Mueller Water Products (MWA) reported $364.3 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 3.1%. EPS of $0.34 for the same period compares to $0.30 a year ago.The reported revenue represents a surprise of +4.67% over the Zacks Consensus Estimate of $348.05 million. With the consensus EPS estimate being $0.32, the EPS surprise was +6.25%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

Mueller Water Products (MWA) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.25%. A quarter ago, it was expected that this maker of fire hydrants, pipes and water valves would post earnings of $0.19 per share when it actually produced earnings of $0.25, delivering a surprise of 31.5 ...

Financial Performance - Net sales increased by 3.1 percent to $364.3 million compared to $353.4 million in the prior year quarter[2]. - Reported net income of $51.3 million, a 15.8 percent increase from $44.3 million in the prior year quarter, with a net income margin of 14.1 percent[9]. - Adjusted EBITDA rose by 2.8 percent to $84.5 million, achieving an adjusted EBITDA margin of 23.2 percent[10]. - Adjusted net income increased by 16.0 percent to $53.7 million compared to $46.3 million in the prior year quarter[9]. - Operating income increased by 10.1 percent to $69.9 million, with an operating margin of 19.2 percent[6]. - Net income for the six months ended March 31, 2025, was $86.6 million, a significant increase of 48% from $58.6 million in the same period in 2024[43]. - Net sales for the six months ended March 31, 2025, reached $668.6 million, a 9.6% increase from $609.8 million in the same period of 2024[49][50]. - Gross profit for the six months ended March 31, 2025, was $231.0 million, compared to $216.7 million in the prior year, reflecting a gross profit margin of 34.5%[49][50]. - Operating income for the six months ended March 31, 2025, was $117.3 million, with an operating margin of 17.5%, up from $86.3 million and a margin of 14.2% in the previous year[49][50]. - Net income for the six months ended March 31, 2025, was $86.6 million, resulting in a net income margin of 13.0%[49]. - Adjusted net income for the six months ended March 31, 2025, was $92.9 million, translating to an adjusted net income per diluted share of $0.59[49]. Guidance and Projections - The company raised its fiscal 2025 net sales guidance to between $1,390 million and $1,400 million, reflecting a 5.7 percent to 6.5 percent increase compared to the prior year[23]. Cash Flow and Capital Expenditures - Free cash flow for the six-month period increased by $0.9 million to $47.3 million compared to $46.4 million in the prior year period[21]. - Capital expenditures for the first six months of fiscal 2025 were $21.1 million, up from $15.8 million in the prior year period[20]. - Free cash flow for Q1 2025 was $5.1 million, compared to a negative free cash flow of $15.8 million in Q1 2024[46][48]. - Capital expenditures for Q1 2025 totaled $9.2 million, a decrease from $10.1 million in Q1 2024[45][47]. - Capital expenditures for the six months ended March 31, 2025, totaled $21.1 million, consistent with the previous year's expenditures[49][50]. Debt and Leverage - The company reported a total debt of $450.5 million and cash and cash equivalents of $329.2 million, resulting in a debt leverage ratio of 1.5 times[22]. - Net debt at the end of Q1 2025 was $121.3 million, with total debt of $450.5 million and cash and cash equivalents of $329.2 million[45][46]. - Debt leverage ratio was 1.5x based on trailing twelve months' adjusted EBITDA, while net debt leverage ratio was 0.4x[46]. Tax and Other Charges - The effective income tax rate for the second quarter was 24.2 percent, slightly down from 24.8 percent in the prior year quarter[18]. - The effective tax rate for adjusting items was 23.7% for the six months ended March 31, 2025[49]. - Strategic reorganization and other charges amounted to $4.1 million for the six months ended March 31, 2025, impacting net income[49]. Assets and Liabilities - Cash and cash equivalents at the end of the period were $329.2 million, up from $179.2 million at the end of March 31, 2024[43]. - Total assets increased to $1,670.6 million as of March 31, 2025, compared to $1,635.9 million as of September 30, 2024[39]. - The company reported a decrease in total current liabilities to $235.3 million as of March 31, 2025, from $258.0 million as of September 30, 2024[39]. Quarterly Performance - Net sales for the three months ended March 31, 2025, were $364.3 million, an increase of 3% compared to $353.4 million for the same period in 2024[41]. - Gross profit for Q1 2025 was $128.0 million, with a gross profit margin of 35.1%, compared to $130.4 million and a margin of 36.9% in Q1 2024[45][47]. - Operating income for Q1 2025 was $69.9 million, with an operating margin of 19.2%, compared to an operating income of $63.5 million and a margin of 18.0% in Q1 2024[45][47]. - Net income for Q1 2025 was $51.3 million, resulting in a net income margin of 14.1%, compared to $44.3 million and a margin of 12.5% in Q1 2024[45][47]. - Adjusted EBITDA for Q1 2025 was $84.5 million, with an adjusted EBITDA margin of 23.2%, compared to $82.2 million and a margin of 23.3% in Q1 2024[45][47]. - The company reported a trailing twelve months' adjusted EBITDA of $305.7 million for Q1 2025, compared to $236.8 million for the same period in 2024[45][47].

Increased Net Sales 3.1 percent to $364.3 Million Reported Net Income per Diluted Share of $0.33 Achieved Adjusted Net Income per Diluted Share of $0.34 Raises Annual Guidance for Fiscal 2025 Net Sales Reaffirms Annual Guidance for Fiscal 2025 Adjusted EBITDA ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA), a leading manufacturer and marketer of products and solutions used in the transmission, distribution and measurement of water in North America, announced financial resu ...

Mueller Water Products (MWA) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ma ...

ATLANTA, April 23, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) plans to release financial results for its second quarter ended March 31, 2025, after U.S. markets close on Monday, May 5, 2025. On Tuesday, May 6, 2025, at 10:00 a.m. ET, the Company will hold a conference call to discuss earnings and business results. Interested parties are invited to listen via webcast available on the Investor Relations section of the Company’s website www.muellerwaterproducts.com. An archive of the web ...

Using Baird Medical's MWA system for the first time, Dr. Kazeem praised its efficiency and seamless integration into clinical practice. "The system is both intuitive and optimizes procedure time, allowing treatments more streamlined without compromising patient outcomes," he stated. Baird Medical remains dedicated to driving innovation in medical technology and promoting the adoption of MWA among healthcare professionals worldwide. "Dr. Kazeem's successful experience highlights the value of our technology i ...