Mueller Water Products (MWA)

Interest coverage

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
Interest expense (ttm) US$ in thousands 15,800 17,300 19,100 19,100 19,200 17,900 19,800 19,100 18,400 17,800 17,400 17,600 17,600 17,700 20,300 21,900 23,800 25,500 24,800 24,900
Interest coverage 12.20 12.90 11.61 11.15 9.59 10.01 7.35 5.96 6.83 6.35 6.67 6.76 6.55 7.40 5.90 5.42 4.94 5.12 5.02 5.10

September 30, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $192,800K ÷ $15,800K
= 12.20