Mueller Water Q3 Beats Across the Board, Raises FY2026 EBITDA Outlook
MWA sits 16% above its 52-week low of $22.74.
Summary
Mueller Water delivered a clean Q3 beat with sales of $395.9M (vs. $391.3M consensus) and adjusted EPS of $0.50 (vs. $0.39). Adjusted EBITDA surged 24.3% to $107.4M, driven by higher pricing, tariff refunds, and lower SG&A. Management raised the full-year adjusted EBITDA forecast to $367M-$372M and narrowed revenue guidance to $1.47B-$1.48B, signaling confidence in the back half. Free cash flow is expected to exceed 70% of adjusted net income, a strong cash conversion metric. This follows a Q2 that included a $15M legal settlement and mixed insider activity; today's results show operational momentum overcoming those headwinds. The stock's recent P/E compression to 17x from 19x three months ago may now reverse on the raised outlook.
At the time of this announcement, MWA was trading at $26.41 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $22.74 to $31.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.