← BackMueller Water Products, Inc. · Miscellaneous Fabricated Metal ProductsMWA
Low riskNext report: Around Nov 5 (est.)
The short versionA high-quality, profitable business with steady sales. Insiders and institutions are both adding.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
- High return on equity: 21%
Money moves
- An insider bought $30K of shares with their own money in the last 30 days
- Institutions added 2% to their holdings in the quarter ending June 2026 (211 bought, 195 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$22.47+0.9% that day
Latest insider buy: A director bought at $21.75 on Oct 7. The stock is now $22.47, +3.3% since.
- Company value
- $3.5B
- Share price times all shares
- Price vs profit (P/E)
- 15.8x
- You pay about $16 for each $1 of yearly profit
- Price vs sales
- 2.4x
- Company value is 2.4 times a year of sales
- Dividend yield
- 1.2%
- Yearly dividend as a share of today's price
- Cash vs value
- 14%
- Cash as a share of company value
- Debt vs value
- 13%
- Debt as a share of company value
From MWA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$395.9M+4.1% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $1.5B, up 5.9% from the 12 months before. Over 5 years, sales grew about 8.2% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.21.4%
- PassDebt under half of equityNot relying on borrowed money.0.46x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.13.4%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$219.3M
- PassShare count not growingNot diluting owners. Falling means buybacks.-0.3% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.36.1%
- Revenue
- $1.4B
- +8.7% vs prior year
- 5-year growth
- +8.2%/yr
- revenue, per year
- Total debt
- $452.3M
- 0.46x equity
- Current ratio
- 4.02x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $395.9M
- +4.1% YoY
- EPS
- $0.43
- vs $0.33
- Op. margin
- 20.4%
- +1.0 pts
- Gross margin
- 39.4%
- +1.1 pts
- Free cash flow
- $94.1M
- Share count
- -0.1%
- vs a year ago
Insider rating
Last 90 days
55Mixed
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
45/ 100
- This week
- 1
- Normal week
- 1.3
- vs normal
- 0.8x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+2.0%Institutions added 2.0% to their holdings. 211 bought, 195 sold.
Shares held by institutions150.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-0.1%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $452.9M debtShares outstandingLatest reported
156MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 5
- Results filedMay 5
- Results filedFeb 4
- Results filedNov 6, 2025
- Results filedAug 4, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days Bought$30K1 insider
Sold$00 insiders
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Brian C. HealyDirector | Buy | 1K | $21.75 | $30K | 26K | |
- +5.5% of their holdings
- Filed 2 days after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Other company newsOct 22 · Form 8-K ↗Leadership changeOct 13 · Form 8-K ↗BoughtBrian C. HealyDirector
1,376 shares at $21.75 · $30K
- +6% of holdings
- Now owns 26,322 shares
- Filed 2 days after trade
Employee stock plan registrationSep 21 · Form S-8 ↗SoldTodd P HelmsInsider
9,997 shares at $23.67 · $237K
- -16% of holdings
- Now owns 54,480 shares
- Not a pre-planned sale
- Filed 2 days after trade
Planned insider saleSep 1 · Form 144 ↗SoldChristine OrtizDirector
550 shares at $23.93 · $13K
- -2% of holdings
- Now owns 30,274 shares
- Pre-planned sale (10b5-1)
- Filed same day
Planned insider saleAug 31 · Form 144 ↗SoldChristine OrtizDirector
12,048 shares at $24.23 · $292K
- -28% of holdings
- Now owns 30,824 shares
- Pre-planned sale (10b5-1)
- Filed same day
Planned insider saleAug 26 · Form 144 ↗SoldRichelle R. FeyerhermVP, CAO and Corp. Controller
3,000 shares at $25.00 · $75K
- -19% of holdings
- Now owns 12,585 shares
- Not a pre-planned sale
- Filed same day
Shares withheld for taxesRichelle R. FeyerhermVP, CAO and Corp. Controller
1,157 shares at $25.18 · $29K
- -7% of holdings
- Now owns 15,585 shares
- Filed 2 days after trade
Planned insider saleAug 10 · Form 144 ↗Insider tradeAug 10 · Form 4 ↗Quarterly reportAug 6 · Form 10-Q ↗