Mueller Water Products

Mueller makes products that move and measure water. It helps cities and homeowners manage their water systems. These tools find leaks and control water pressure.

The Tools Behind the Tap

• Water Flow Solutions: Iron gate valves and service brass for water and gas systems; accounted for about 58% of fiscal 2025 net sales.
• Water Management Solutions: Fire hydrants, repair products, and leak detection services; made up about 42% of fiscal 2025 net sales.

Modernizing the Infrastructure

• Transitioned production to a new automated brass foundry in Decatur, Illinois in January 2025 to improve efficiency.
• Appointed Paul McAndrew as President and Chief Executive Officer in February 2026.
• Added suppliers and improved production at the Ariel facility to mitigate supply chain challenges from the 2023 Israel-Hamas war.

Built for Resilience

Mueller distributes its products across the United States, Canada, and various international markets. Its focus on aging municipal water systems provides a stable base of repair and replacement work.

A Look at the Numbers

• Net sales reached $384.4 million in Q2 2026, up 5.5% year-over-year.
• Net income hit $59.1 million in Q2 2026, a 15.2% increase from the prior year.
• Gross profit grew to $144.5 million in Q2 2026, up 12.9% from $128 million in 2025.
• Operating cash flow was -$12.8 million in Q2 2026, which worsened from $14.3 million in the previous year.

Evolution Summary

Mueller has shifted its focus toward modernized manufacturing and technology-driven water management. This evolution allows the company to address the critical needs of aging public infrastructure and residential construction.