Mueller Water Products (MWA)

Return on total capital

Sep 30, 2025 Jun 30, 2025 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
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 192,800 223,100 221,700 212,900 184,100 179,100 145,500 113,800 125,600 113,000 116,000 118,900 115,200 130,900 119,800 118,800 117,500 130,500 124,500 127,100
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 981,700 981,700 873,600 834,100 810,100 791,600 754,500 731,200 711,500 714,200 700,900 687,800 669,300 703,800 706,100 691,900 694,900 683,200 669,400 655,200
Return on total capital 19.64% 22.73% 25.38% 25.52% 22.73% 22.63% 19.28% 15.56% 17.65% 15.82% 16.55% 17.29% 17.21% 18.60% 16.97% 17.17% 16.91% 19.10% 18.60% 19.40%

September 30, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $192,800K ÷ ($—K + $981,700K)
= 19.64%