---
schema_version: "secwatch.filing_event.v1"
accession: "0001350593-23-000031"
form_type: "8-K"
ticker: "MWA"
cik: "0001350593"
company_name: "Mueller Water Products, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:32:11.464656+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mueller Water Products Q3 net sales $326.6M (-2% YoY); lowers FY2023 guidance

## Summary
- Net income of $24.5M ($0.16/diluted share); adjusted EPS $0.18 vs $0.19 prior year.
- Water Flow Solutions net sales down 23.4% to $150.1M; Water Management Solutions up 28.6% to $176.5M.
- Adjusted EBITDA $54.4M (16.7% margin) vs $57.8M (17.3%) prior year; margin down 60 bps.
- FY2023 outlook: net sales flat to down 2%, adjusted EBITDA flat to down 5% vs prior year; targeting ~$25M annual SG&A savings.
- Free cash flow of $20.1M for nine months vs ($16.2M) prior year; debt leverage 2.4x, net debt leverage 1.7x.

## SEC filing metadata
- accession: 0001350593-23-000031
- form_type: 8-K
- ticker: MWA
- cik: 0001350593
- company_name: Mueller Water Products, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1350593/000135059323000031/0001350593-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000031/mwa-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001350593-23-000031
- JSON: https://secwatch.observer/filing/0001350593-23-000031.json
- Plain text: https://secwatch.observer/filing/0001350593-23-000031.txt

## Key facts
- Earnings Releases
  Mueller Water Products, Inc. reported fiscal 2023 third quarter ended June 30, 2023 results: revenue $326.6 million, net income $24.5 million, EPS $0.16. Guidance lowered.
  - Period: fiscal 2023 third quarter ended June 30, 2023
  - Revenue: $326.6 million
  - Net income: $24.5 million
  - EPS: $0.16
  - Guidance: lowered
  - Result: reported results
  source text: be expressly set forth by specific reference in any such filings. --- EX-99.1 (EX-99.1) --- MUELLER WATER PRODUCTS REPORTS 2023 THIRD QUARTER RESULTS Achieved Net Sales of $326.6 Million Delivered Net Income per Diluted Share of $0.16 Generated Adjusted Net Income per Diluted Share of $0.18 ATLANTA, August 3, 2023 - Mueller Water Products, Inc. (NYSE: MWA)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350593/000135059323000031/0001350593-23-000031-index.htm

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