Mueller Water Products (MWA)

Operating return on assets (Operating ROA)

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Operating income US$ in thousands 260,600 181,700 127,400 111,600 131,700
Total assets US$ in thousands 1,838,900 1,635,900 1,505,000 1,498,100 1,518,000
Operating ROA 14.17% 11.11% 8.47% 7.45% 8.68%

September 30, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $260,600K ÷ $1,838,900K
= 14.17%