---
schema_version: "secwatch.filing_event.v1"
accession: "0001350593-23-000020"
form_type: "8-K"
ticker: "MWA"
cik: "0001350593"
company_name: "Mueller Water Products, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:32:19.559852+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mueller Water Products Q2 net sales $332.9M (+7.2% YoY); EPS $0.14; reaffirms FY23 guidance

## Summary
- Net income $21.3M; diluted EPS $0.14 (GAAP and adjusted), vs $0.15 prior year.
- Water Management Solutions sales surged 38.8% to $175.7M; Water Flow Solutions fell 14.5% to $157.2M.
- Adjusted EBITDA $48.1M, margin 14.4% (down from 16.3% YoY); strong pricing offset inflation and volumes.
- FY23 guidance reaffirmed: net sales growth 6-8%, adjusted EBITDA growth 10-14%, free cash flow 30-50% of adj. net income.
- Six-month free cash flow $(42.7)M vs $(25.2)M prior year; net debt leverage ratio 1.9x; $162.5M ABL availability.

## SEC filing metadata
- accession: 0001350593-23-000020
- form_type: 8-K
- ticker: MWA
- cik: 0001350593
- company_name: Mueller Water Products, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000020/0001350593-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000020/mwa-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001350593-23-000020
- JSON: https://secwatch.observer/filing/0001350593-23-000020.json
- Plain text: https://secwatch.observer/filing/0001350593-23-000020.txt

## Key facts
- Earnings Releases
  Mueller Water Products, Inc. reported fiscal 2023 second quarter ended March 31, 2023 results: revenue $332.9 million, net income $21.3 million, EPS $0.14 per diluted share. Guidance reaffirmed.
  - Period: fiscal 2023 second quarter ended March 31, 2023
  - Revenue: $332.9 million
  - Net income: $21.3 million
  - EPS: $0.14 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: set forth by specific reference in any such filings. --- EX-99.1 (EX-99.1) --- MUELLER WATER PRODUCTS REPORTS 2023 SECOND QUARTER RESULTS Increased Net Sales 7.2 percent to $332.9 million Delivered Net Income and Adjusted Net Income per Diluted Share of $0.14 ATLANTA, May 8, 2023 - Mueller Water Products, Inc. (NYSE: MWA) announced financial results for its fiscal
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000020/0001350593-23-000020-index.htm

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