MUELLER WATER PRODUCTS (MWA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1200 ABERNATHY RD, NE ATLANTA, GA 30328 |
| State of Incorp. | DE |
| Fiscal Year End | September 30 |
| Industry (SIC) | 349 - Miscellaneous Fabricated Metal Products (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 227,500 | 208,900 | 176,700 | ||||||
| Cash and cash equivalents | 227,500 | 208,900 | 176,700 | ||||||
| Receivables | 167,900 | 217,100 | 231,100 | 212,200 | 180,800 | 172,800 | |||
| Inventory, net of allowances, customer advances and progress billings | 311,300 | 297,900 | 278,700 | 184,700 | 162,500 | 191,400 | |||
| Inventory | 311,300 | 297,900 | 278,700 | 184,700 | 162,500 | 191,400 | |||
| Other current assets | 33,500 | 31,500 | 26,800 | 29,300 | 29,000 | 26,000 | |||
| Other undisclosed current assets | 216,700 | 160,300 | 143,400 | ||||||
| Total current assets: | 729,400 | 706,800 | 680,000 | 653,700 | 581,200 | 566,900 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 308,400 | 311,700 | 301,600 | 283,400 | 253,800 | 217,100 | |||
| Intangible assets, net (including goodwill) | 427,600 | 427,700 | 459,800 | 507,600 | 508,700 | 529,400 | |||
| Goodwill | 98,300 | 93,700 | 98,600 | 115,100 | 99,800 | 95,700 | |||
| Intangible assets, net (excluding goodwill) | 329,300 | 334,000 | 361,200 | 392,500 | 408,900 | 433,700 | |||
| Other noncurrent assets | 63,400 | 58,800 | 56,700 | 73,300 | 51,300 | 23,900 | |||
| Total noncurrent assets: | 799,400 | 798,200 | 818,100 | 864,300 | 813,800 | 770,400 | |||
| TOTAL ASSETS: | 1,528,800 | 1,505,000 | 1,498,100 | 1,518,000 | 1,395,000 | 1,337,300 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 221,000 | 218,100 | 285,000 | 219,100 | 153,900 | 177,600 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 44,800 | |||||
| Accounts payable | 108,900 | 102,900 | 122,800 | 92,000 | 67,300 | 84,600 | |||
| Accrued liabilities | 112,100 | 115,200 | 117,400 | 127,100 | 86,600 | 93,000 | |||
| Debt | 600 | 800 | 1,000 | 1,100 | 900 | ||||
| Other undisclosed current liabilities | 700 | (44,800) | |||||||
| Total current liabilities: | 221,600 | 218,800 | 241,000 | 220,100 | 155,000 | 178,500 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 446,800 | 447,300 | 446,900 | 445,900 | 471,200 | 445,400 | |||
| Long-term debt, excluding current maturities | 446,800 | 446,700 | 446,100 | 445,900 | 446,500 | 445,400 | |||
| Finance lease, liability | 600 | 800 | 1,400 | ||||||
| Liabilities, other than long-term debt | 58,100 | 54,200 | 55,400 | 62,000 | 73,800 | 33,500 | |||
| Accounts payable and accrued liabilities | 14,000 | ||||||||
| Asset retirement obligations | 3,500 | ||||||||
| Other liabilities | 58,100 | 54,200 | 55,400 | 62,000 | 56,300 | 33,200 | |||
| Operating lease, liability | 23,300 | ||||||||
| Derivative instruments and hedges, liabilities | 300 | ||||||||
| Other undisclosed noncurrent liabilities | 71,100 | 73,200 | 85,500 | 95,100 | 54,300 | 87,600 | |||
| Total noncurrent liabilities: | 576,000 | 574,700 | 587,800 | 603,000 | 599,300 | 566,500 | |||
| Total liabilities: | 797,600 | 793,500 | 828,800 | 823,100 | 754,300 | 745,000 | |||
| Equity | |||||||||
| Equity, attributable to parent | 731,200 | 711,500 | 669,300 | 694,900 | 640,700 | 590,100 | |||
| Common stock | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | 1,600 | |||
| Additional paid in capital | 1,231,900 | 1,240,400 | 1,279,600 | 1,342,200 | 1,378,000 | 1,410,700 | |||
| Accumulated other comprehensive loss | (34,800) | (48,700) | (44,600) | (5,000) | (24,700) | (36,000) | |||
| Accumulated deficit | (467,500) | (481,800) | (567,300) | (643,900) | (714,200) | (786,200) | |||
| Equity, attributable to noncontrolling interest | 2,200 | ||||||||
| Total equity: | 731,200 | 711,500 | 669,300 | 694,900 | 640,700 | 592,300 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,528,800 | 1,505,000 | 1,498,100 | 1,518,000 | 1,395,000 | 1,337,300 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,217,300 | 1,275,700 | 1,247,400 | 1,111,000 | 964,100 | 968,000 | ||
| Cost of revenue | (844,700) | (896,200) | (883,100) | (752,500) | (635,900) | (647,100) | ||
| Gross profit: | 372,600 | 379,500 | 364,300 | 358,500 | 328,200 | 320,900 | ||
| Operating expenses | (256,400) | (252,100) | (252,700) | (226,800) | (211,400) | (196,600) | ||
| Other operating expense, net (Other Nonrecurring (Income) Expense) | (900) | |||||||
| Other undisclosed operating income | 900 | |||||||
| Operating income: | 116,200 | 127,400 | 111,600 | 131,700 | 116,800 | 124,300 | ||
| Nonoperating income (expense) | (1,300) | 3,900 | 3,300 | 2,800 | (22,400) | |||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | 3,900 | 3,300 | 3,000 | (400) | ||||
| Other nonoperating expense | (200) | (22,000) | ||||||
| Interest and debt expense | (18,400) | (4,300) | (16,700) | (26,600) | (23,300) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (18,400) | 1,100 | ||||||
| Income from continuing operations before equity method investments, income taxes: | 96,500 | 109,000 | 111,200 | 118,300 | 94,100 | 78,600 | ||
| Other undisclosed loss from continuing operations before income taxes | (12,600) | (23,400) | ||||||
| Income from continuing operations before income taxes: | 96,500 | 109,000 | 98,600 | 94,900 | 94,100 | 78,600 | ||
| Income tax expense | (19,200) | (23,500) | (22,000) | (24,500) | (22,100) | (18,300) | ||
| Income from continuing operations: | 77,300 | 85,500 | 76,600 | 70,400 | 72,000 | 60,300 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 76,600 | 70,400 | 72,000 | 60,300 | |
| Net income: | 77,300 | 85,500 | 76,600 | 70,400 | 72,000 | 60,300 | ||
| Other undisclosed net income attributable to parent | 3,500 | |||||||
| Net income available to common stockholders, diluted: | 77,300 | 85,500 | 76,600 | 70,400 | 72,000 | 63,800 | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 77,300 | 85,500 | 76,600 | 70,400 | 72,000 | 60,300 | ||
| Other comprehensive income (loss) | 11,200 | (4,100) | (39,600) | 19,700 | 11,300 | (3,200) | ||
| Comprehensive income: | 88,500 | 81,400 | 37,000 | 90,100 | 83,300 | 57,100 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (6,000) | 3,500 | ||||||
| Comprehensive income, net of tax, attributable to parent: | 82,500 | 81,400 | 37,000 | 90,100 | 83,300 | 60,600 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.