Mueller Water Products (MWA)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 181,700 | 127,400 | 111,600 | 131,700 | 116,800 |
| Revenue | US$ in thousands | 1,314,700 | 1,275,700 | 1,247,400 | 1,111,000 | 964,100 |
| Operating profit margin | 13.82% | 9.99% | 8.95% | 11.85% | 12.11% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $181,700K ÷ $1,314,700K
= 13.82%
The operating profit margin of Mueller Water Products has exhibited notable fluctuations over the specified period from September 30, 2020, to September 30, 2024. In the fiscal year ending September 30, 2020, the margin stood at 12.11%, indicating a relatively strong ability to convert sales into operating profit. This margin slightly declined in the subsequent year, decreasing to 11.85% by September 30, 2021, reflecting a marginal erosion in operating profitability.
The following year, ending September 30, 2022, experienced a substantial decline to 8.95%, representing a significant reduction in operating efficiency or increased operating costs relative to revenue. Despite this decline, the margin improved modestly in the next fiscal year, reaching 9.99% as of September 30, 2023, suggesting some degree of operational recovery or cost management improvements.
Most recently, the operating profit margin increased markedly to 13.82% as of September 30, 2024. This upward movement indicates a robust improvement in operational efficiency, profitability, or a combination of both. Overall, the trend demonstrates a dip in operating profitability over the initial years followed by a significant recovery and an upward trajectory in the latest fiscal period.
Peer comparison
Sep 30, 2024