Mueller Water Products raises FY26 EBITDA guidance on record Q2 results, 15% margin growth

Filed May 5, 2026 · Period ending May 5, 2026 · ~1 min read

Key Changes

• high

  Raised full-year adjusted EBITDA guidance to $360-365 million (10.4%-11.9% growth) while reiterating sales guidance of $1,470-1,490 million; now expects free cash flow to exceed 70% of adjusted net income.

  Exhibit 99.1 verify on EDGAR →
• high

  Q2 net sales rose 5.5% to $384.4 million; adjusted EBITDA jumped 15.0% to $97.2 million with margin expansion of 210 basis points to 25.3%; adjusted EPS increased 17.6% to $0.40.

  Exhibit 99.1 verify on EDGAR →
• medium

  Management cited increased uncertainty from anticipated slowdown in new residential construction, tariffs, and inflationary pressures; working closely with customers and suppliers to adapt to demand changes.

  Exhibit 99.1 verify on EDGAR →