Mueller Water Products (MWA)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 115,900 | 85,500 | 76,600 | 70,400 | 72,000 |
| Revenue | US$ in thousands | 1,314,700 | 1,275,700 | 1,247,400 | 1,111,000 | 964,100 |
| Net profit margin | 8.82% | 6.70% | 6.14% | 6.34% | 7.47% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $115,900K ÷ $1,314,700K
= 8.82%
The net profit margin of Mueller Water Products has exhibited notable fluctuations over the period from September 30, 2020, to September 30, 2024. At the end of fiscal year 2020, the net profit margin stood at 7.47%, reflecting a relatively healthy profitability level. This margin saw a decline in the subsequent year, decreasing to 6.34% as of September 30, 2021, and continued a slight downward trend, reaching 6.14% by September 30, 2022. The margin experienced a modest recovery in the following year, improving to 6.70% at September 30, 2023. By September 30, 2024, the net profit margin increased significantly, reaching 8.82%, approaching the highest point within the analyzed period.
Overall, the trend indicates an initial decline in net profitability following 2020, possibly due to competitive pressures, cost increases, or other operational factors, with a subsequent upward recovery culminating in a more robust margin by the end of 2024. The recent increase suggests improved efficiency, cost management, or favorable market conditions that have contributed to enhanced profitability margins.
Peer comparison
Sep 30, 2024