earnings
confidence high
sentiment positive
materiality 0.85
Mueller Water Products Q2 EPS $0.38, adj. $0.40; raises FY2026 adj. EBITDA guidance
Mueller Water Products, Inc.
2026-Q2 EPS reported
$0.65
revenue$702,600,000
- Net sales $384.4M (+5.5% YoY); gross margin 37.6%, up 250 bps.
- Adj. EBITDA $97.2M (+15.0%), margin 25.3% vs 23.2% prior year.
- FY2026 adj. EBITDA guidance raised to $360-365M (up 10.4-11.9%); net sales reiterated $1.47-1.49B.
- Free cash flow FY2026 now expected to exceed 70% of adj. net income; H1 free cash flow $16.5M.
- Water Flow Solutions adj. EBITDA margin expanded 440 bps to 33.2%.