Mueller Water Products (MWA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 212,700 | 206,300 | 181,700 | 178,200 | 146,800 | 116,200 | 127,400 | 114,100 | 115,400 | 116,700 | 111,600 | 127,800 | 133,600 | 132,800 | 131,700 | 144,600 | 121,900 | 124,300 | 116,800 | 115,100 |
| 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 |
| Operating profit margin | 15.49% | 15.14% | 13.82% | 14.05% | 11.86% | 9.55% | 9.99% | 8.74% | 8.79% | 9.05% | 8.95% | 10.55% | 11.24% | 11.59% | 11.85% | 13.38% | 12.21% | 12.57% | 12.11% | 11.92% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $212,700K ÷ $1,373,500K
= 15.49%
The operating profit margin of Mueller Water Products has exhibited notable fluctuations over the observed period. Starting at approximately 11.92% on June 30, 2020, it experienced a gradual upward trend, reaching a peak of 13.38% by June 30, 2021. Subsequently, the margin demonstrated a declining trajectory, declining to a low of around 8.74% as of June 30, 2023, with interim fluctuations such as a slight decline to 8.95% in September 2022, and a modest recovery to 9.99% by September 2023.
From late 2023 onward, a significant improvement is evident. The margin increased substantially, reaching approximately 11.86% by March 31, 2024, and continued its upward movement, culminating at 15.49% on March 31, 2025.
Overall, the data indicates periods of operational efficiency improvements following earlier declines, with recent figures reflecting a strong recovery and expansion in operating profitability. The trend suggests a pattern of cyclical fluctuations, influenced potentially by market conditions, cost management, and operational strategies, with recent data pointing towards improved margins and stronger profit-generating capability.
Peer comparison
Mar 31, 2025