MUELLER WATER PRODUCTS — Earnings Quality Grade B
MWA · Industrials
Generally healthy
Screening Summary
Management Signals
Source: SEC EDGAR 8-K Item 5.02, with exhibit links when available
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 54 days, change -5 days YoY
AR growth -0.9% vs revenue growth 8.7%
Revenue 8.7%, CFFO -8.2%. Cash follows revenue
Expense Quality
Inventory 8.9% vs COGS 6.7%. Normal
CapEx growth -0.2% vs revenue 8.7%. Normal
SG&A/Gross Profit = 47.9%. Normal
Gross margin 36.1%, change +1.2pp. Stable
Cash Flow Quality
CFFO/NI = 1.14. Profits backed by cash
FCF $0.2B, FCF/NI = 0.90
Accruals ratio = -1.5%. Low accruals
Cash $0.4B covers 96% of debt $0.5B
Balance Sheet Health
Goodwill+Intangibles $0.4B = 40% of equity
Debt/EBITDA = 1.4x. Healthy
Other assets 13.9% vs revenue 8.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.52 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25