Mueller Water Products — Fiscal Year 2026 Earnings Summary

Mueller Water Products reported record fiscal 2026 results with net sales reaching $1.475 billion and net income of $221.9 million, driven by higher pricing and improved manufacturing performance. The company generated $372.2 million in adjusted EBITDA for the full year, representing a 14.1% increase from the prior year, while expanding its adjusted EBITDA margin to 25.2%. In a strategic portfolio shift, the company announced an agreement to transition its metering business to ZENNER USA, a move that will be excluded from future financial guidance. Looking ahead to fiscal 2027, Mueller Water Products has introduced guidance for net sales between $1.44 billion and $1.47 billion and expects adjusted EBITDA to range from $378 million to $388 million.