---
schema_version: "secwatch.filing_event.v1"
accession: "0001350593-23-000005"
form_type: "8-K"
ticker: "MWA"
cik: "0001350593"
company_name: "Mueller Water Products, Inc."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:04:26.765573+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mueller Water Q1 net sales +15.6% to $314.8M; EPS $0.14, adj EPS $0.13

## Summary
- Net sales rose 15.6% YoY to $314.8M; net income $22.5M ($0.14 diluted EPS), adjusted $19.7M ($0.13).
- Water Flow Solutions adjusted operating income fell 22.7%; Water Management Solutions rose 70.4%.
- Full-year FY2023 outlook reaffirmed: net sales +6-8%, adjusted EBITDA +10-14%.
- Free cash flow was -$16.4M vs +$8.8M a year ago; cash $125.6M, total debt $447M (leverage 2.3x).

## SEC filing metadata
- accession: 0001350593-23-000005
- form_type: 8-K
- ticker: MWA
- cik: 0001350593
- company_name: Mueller Water Products, Inc.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000005/0001350593-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000005/mwa-20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001350593-23-000005
- JSON: https://secwatch.observer/filing/0001350593-23-000005.json
- Plain text: https://secwatch.observer/filing/0001350593-23-000005.txt

## Key facts
- Earnings Releases
  Mueller Water Products, Inc. reported fiscal 2023 first quarter ended December 31, 2022 results: revenue $314.8 million, net income $22.5 million, EPS $0.14 per diluted share.
  - Period: fiscal 2023 first quarter ended December 31, 2022
  - Revenue: $314.8 million
  - Net income: $22.5 million
  - EPS: $0.14 per diluted share
  - Result: reported results
  source text: In the first quarter of 2023, the Company: • Increased net sales 15.6 percent to $314.8 million as compared with $272.3 million in the prior year quarter • Generated operating income of $34.0 million as compared with $28.9 million in the prior year quarter and adjusted operating income of $30.3 million as compared with $31.3 million in the prior year quarter, resulting in an adjusted operating margin of 9.6 percent as compared with 11.5 percent in the prior year quarter • Reported net income of $22.5 million as compared with $19.4 million in the prior year quarter and adjusted net income of $19.7 million as compared with $21.2 million in the prior year quarter • Reported net income per diluted share of $0.14 and adjusted net income per diluted share of $0.13 as compared with net income per diluted share of $0.12 and adjusted net income per diluted share of $0.13 in the prior year quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000005/0001350593-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.