Mueller Water Products reports FY2026 results and announces metering business transition
Mueller Water Products posted fourth‑quarter 2026 net sales of $376.5 million, a 1.1% year‑over‑year decline, and reported adjusted earnings of $0.38 per share. For the full year, adjusted EBITDA rose 14.1% to $372 million and adjusted net income per share reached $1.57. The company announced it will transition its metering business to Zenner USA, incurring about $26 million of one‑time costs in FY2027 and expecting a 100‑140 basis‑point EBITDA margin benefit. FY2027 guidance projects net sales of $1.44‑$1.47 billion and adjusted EBITDA of $378‑$388 million.
Why it matters
The sales outlook is below analyst consensus, which could weigh on the stock, but the company’s margin expansion, a $300 million increase to its share‑repurchase program and a 14.3% dividend hike signal strong cash generation and shareholder returns.
Key facts
- 1Q4 2026 net sales were $376.5 million, down 1.1% YoY. stocktitan.net
- 2Adjusted EPS for Q4 2026 was $0.38 per share. stocktitan.net
- 3Full‑year 2026 adjusted EBITDA increased 14.1% to $372 million. scanx.trade
- 4Full‑year 2026 adjusted net income per share was $1.57. stocktitan.net
- 5FY2027 sales guidance is $1.44 billion to $1.47 billion. scanx.trade
- 6FY2027 adjusted EBITDA guidance is $378 million to $388 million. scanx.trade
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.