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Mueller Water Products, Inc. (MWA)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-22Sep-30-21Sep-30-20Sep-30-19Sep-30-18Sep-30-17Sep-30-16Sep-30-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Net sales  1,247.41,111.0964.1968.0916.0826.0800.6793.4
            Net sales growth  12.3%15.2%-0.4%5.7%10.9%3.2%0.9%-33.0%
Cost of sales  883.1752.5635.9647.1626.1558.1531.7547.1
    Gross profit  364.3358.5328.2320.9289.9267.9268.9246.3
            Gross margin  29.2%32.3%34.0%33.2%31.6%32.4%33.6%31.0%
   
Operating expenses:          
Selling, general and administrative  238.7218.8198.4182.7166.7155.4149.5146.7
Restructuring and other charges          
    Total operating expenses  252.7226.8211.4196.6168.2165.8156.7166.7
    Operating income  111.6131.7116.8124.3121.7102.1112.279.6
            Operating margin  8.9%11.9%12.1%12.8%13.3%12.4%14.0%10.0%
   
Non-operating expense:          
Interest expense, net  16.923.425.543.420.922.223.664.3
Net other expense    -0.2-22.0    
Income tax expense (benefit)  22.024.522.118.3-9.924.224.28.3
    Net income (loss)  76.670.472.063.8105.6123.363.930.9
   
Net income (loss) per basic share:          
Earnings Per Share, Basic     $0.40$0.67$0.77$0.40$0.19
   
Net income (loss) per diluted share:          
Earnings Per Share, Diluted     $0.40$0.66$0.76$0.39$0.19
   
Weighted average shares outstanding:          
Basic, in shares  157.4158.4157.8157.8158.2160.1161.3160.5
Diluted, in shares  158.0159.2158.6159.0159.7161.8163.4163.2
   
Dividends declared per share, in dollars per share  $0.23$0.22$0.21$0.20$0.19$0.15$0.10$0.08

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