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Mueller Water Products vs Helios Technologies: MWA and HLIO compared
Mueller Water Products is the larger company: $376M of revenue in its latest quarter (Q4 FY26) against $230M for Helios Technologies (Q3 2026). Helios Technologies is growing faster (+4% against -1% a year earlier). Mueller Water Products is more profitable, with an operating margin of 19.4% against 12.2%.
Where the money goes: MWA and HLIO
Mueller Water Products (MWA) · Q4 FY26
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.
Helios Technologies (HLIO) · Q3 2026
Helios Technologies, Q3 2026: revenue $230M (+4% year over year), operating margin 12.2%, net earnings $17.6M, operating cash flow $39.9M. The chart follows the revenue to costs, profit and cash.
| Mueller Water Products (MWA) | Helios Technologies (HLIO) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q3 2026 |
| Revenue | $376M | $230M |
| Revenue growth, Y/Y | -1% | +4% |
| Gross margin | 37.0% | 33.2% |
| Operating margin | 19.4% | 12.2% |
| Net earnings | $52.3M | $17.6M |
| Net margin | 13.9% | 7.7% |
| Operating cash flow | $109M | $39.9M |
| Free cash flow | $96.7M | $32.4M |
| Market value | $3.8B | $2.3B |
| P/E | 17.0× | 32.0× |
| Analysts’ mean target | $27.00 | $87.67 |
Questions
Which is bigger, Mueller Water Products or Helios Technologies?
Mueller Water Products is the larger company: $376M of revenue in its latest quarter (Q4 FY26) against $230M for Helios Technologies (Q3 2026).
Is Mueller Water Products or Helios Technologies growing faster?
Helios Technologies is growing faster (+4% against -1% a year earlier).
Which is more profitable, Mueller Water Products or Helios Technologies?
Mueller Water Products is more profitable, with an operating margin of 19.4% against 12.2%.
More: Mueller Water Products earnings · how Mueller Water Products makes money · Helios Technologies earnings · how Helios Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 4, 2026; 10-Q filed Nov 6, 2026). Fiscal quarters can end on different dates. Not investment advice.