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Mueller Water Products (MWA) gross margin by quarter
Mueller Water Products' gross margin was 37.0% in Q4 FY26 (fourth quarter fiscal 2026), -2.4 pts from Q3 FY26. Over the last 7 quarters it ranged from 35.1% (Q2 FY25) to 39.4% (Q3 FY26).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q4 FY26 | 37.0% | -2.4 pts | +0.2 pts |
| Q3 FY26 | 39.4% | +1.8 pts | +1.0 pts |
| Q2 FY26 | 37.6% | -0.1 pts | +2.5 pts |
| Q1 FY26 | 37.6% | +0.9 pts | — |
| Q4 FY25 | 36.8% | -1.5 pts | — |
| Q3 FY25 | 38.3% | +3.2 pts | — |
| Q2 FY25 | 35.1% | — | — |
Q4 FY26 at a glance
Mueller Water Products, Q4 FY26: revenue $376M (-1% year over year), operating margin 19.4%, net earnings $52.3M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
Questions
What is Mueller Water Products' gross margin?
Mueller Water Products' gross margin was 37.0% in Q4 FY26 (fourth quarter fiscal 2026), -2.4 pts from Q3 FY26.
How has Mueller Water Products' gross margin changed?
Over the last 7 quarters it ranged from 35.1% (Q2 FY25) to 39.4% (Q3 FY26).
Q4 FY26 results → · How Mueller Water Products makes money →