Mueller Water Products (MWA)
Net profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 143,900 | 136,900 | 115,900 | 123,100 | 100,300 | 77,300 | 85,500 | 75,400 | 77,400 | 79,700 | 76,600 | 87,900 | 75,800 | 73,100 | 70,400 | 78,700 | 75,500 | 78,400 | 72,000 | 85,500 |
| Revenue (ttm) | US$ in thousands | 1,373,500 | 1,362,600 | 1,314,700 | 1,267,900 | 1,237,800 | 1,217,300 | 1,275,700 | 1,305,700 | 1,312,300 | 1,289,900 | 1,247,400 | 1,211,600 | 1,188,900 | 1,145,900 | 1,111,000 | 1,080,700 | 998,700 | 988,900 | 964,100 | 965,700 |
| Net profit margin | 10.48% | 10.05% | 8.82% | 9.71% | 8.10% | 6.35% | 6.70% | 5.77% | 5.90% | 6.18% | 6.14% | 7.25% | 6.38% | 6.38% | 6.34% | 7.28% | 7.56% | 7.93% | 7.47% | 8.85% |
March 31, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $143,900K ÷ $1,373,500K
= 10.48%
The net profit margin of Mueller Water Products has demonstrated notable fluctuation across the analyzed period. Starting at 8.85% on June 30, 2020, there was a general downward trend observed through mid-2021, reaching a low of approximately 6.34% by September 30, 2021, and remaining relatively stable around 6.38% up to March 31, 2022. Subsequently, the margin experienced modest recovery, increasing to 7.25% by June 30, 2022, before declining again to a trough of 5.90% on March 31, 2023.
Following this low point, a positive trend emerged, with the net profit margin rising to 6.70% as of September 30, 2023. The most recent data indicate a significant upward movement, with margins reaching 8.10% on March 31, 2024, and further climbing to 9.71% on June 30, 2024. The ongoing trend continued into the third quarter of 2024, with a margin of 8.82%, and further increased to 10.05% on December 31, 2024. The first quarter of 2025 sees the margin at 10.48%, reflecting a substantial recovery and growth.
Overall, the net profit margin of Mueller Water Products has exhibited periods of decline and stabilization, followed by a marked upward trend in late 2024 and early 2025. The recent increases suggest improved profitability, potentially driven by internal efficiencies, favorable market conditions, or strategic initiatives. Conversely, earlier periods of decline indicate challenges in maintaining margins, which may have been associated with operational, competitive, or macroeconomic factors.
Peer comparison
Mar 31, 2025