Mueller Water Products (MWA) FY2022 results: revenue $1.2 billion, up 12.3% on the year
Mueller Water Products, Inc. (MWA) reported revenue of $1.2 billion for fiscal 2022, the year ended 30 September 2022, up 12.3% on the year before. Net income was $77 million, up 8.8%, and diluted earnings per share $0.48. The figures are the company's own, from the 10-K it filed with the SEC on 18 November 2022.
Revenue
$1.2 billion
+12.3% on the year
FY2015FY2022
Operating margin
8.9%
11.9% a year earlier
FY2015FY2022
Net income
$77 million
+8.8% on the year
FY2015FY2022
Diluted EPS
$0.48
+9.1% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
52.3
157
140
-66.6%
Capital expenditure
54.7
62.7
67.7
-12.8%
Free cash flow
-2.4
94.0
72.6
Free cash flow margin
-0.2%
8.5%
7.5%
Cash from investing
-54.9
-81.7
-67.5
Cash from financing
-72.0
-58.8
-41.4
Depreciation and amortisation
60.5
59.6
57.8
+1.5%
Share-based compensation
8.7
8.1
5.3
+7.4%
Buybacks
35.0
10.0
5.0
+250.0%
Dividends paid
36.5
34.8
33.1
+4.9%
Dividend per share
$0.23
$0.22
$0.21
+5.5%
Diluted shares, weighted
158m
159m
159m
-0.8%
Shares outstanding at period end
156m
158m
158m
-1.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
669
695
641
-3.7%
Non-controlling interest
n/a
n/a
0.0
Debt
452
452
452
-0.1%
Operating lease liabilities
22.4
24.6
23.3
-8.9%
Finance lease liabilities
0.8
1.2
1.4
-33.3%
Other liabilities
354
345
277
+2.6%
Total liabilities and equity
1,498
1,518
1,395
-1.3%
Fixed assets
302
283
254
+6.4%
Goodwill
98.6
115
99.8
-14.3%
Intangible assets
361
392
409
-8.0%
Cash and equivalents
146
228
209
-35.6%
Receivables
228
212
181
+7.4%
Inventory
279
185
162
+50.9%
Other assets
83.5
103
80.3
-18.6%
Total assets
1,498
1,518
1,395
-1.3%
10-K for the year ended 30 September 2022, filed 18 November 2022: the filing.