← Mueller Water Products, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $63.9m |
$123.3m
+92.96%
|
$105.6m
-14.36%
|
$63.8m
-39.58%
|
$72.0m
+12.85%
|
$70.4m
-2.22%
|
$76.6m
+8.81%
|
$85.5m
+11.62%
|
$115.9m
+35.56%
|
$191.7m
+65.40%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $63.6m | $123.2m | $106.0m | $64.5m | $72.0m | $70.4m | $76.6m | $85.5m | $115.9m | $191.7m | — | |
| Depreciation, Depletion and Amortization | $52.6m | $41.9m | $43.7m | $53.0m | $57.8m | $59.6m | $60.5m | $34.4m | $66.2m | $46.9m | $49.9m | |
| Amortization | $24.3m | $22.1m | $22.8m | $27.0m | $28.2m | $28.2m | $28.5m | $28.1m | $27.1m | $7.2m | $7.2m | |
| Amortization of Debt Issuance Costs | $1.9m | $1.8m | $1.6m | $1.2m | $1.2m | $1.1m | $1.0m | $0 | $1.0m | $1.0m | — | |
| Depreciation | $28.3m | $19.8m | $20.9m | $26.0m | $29.6m | $31.4m | $32.0m | $34.4m | $39.1m | $39.7m | $42.7m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $60.5m | $62.5m | $66.2m | $46.9m | $49.9m | |
| Deferred Income Tax Expense (Benefit) | ($7.5m) | ($5.7m) | ($43.3m) | $1.3m | $7.2m | ($5.3m) | ($3.5m) | ($14.4m) | ($21.5m) | ($7.0m) | $18.0m | |
| Deferred Tax | — | — | — | — | — | — | ($3.5m) | ($14.4m) | ($21.5m) | ($7.0m) | $18.0m | |
| Share-based Payment Arrangement, Noncash Expense | $5.2m | $6.0m | $5.2m | $4.3m | $5.3m | $8.1m | $8.7m | — | $9.0m | $10.7m | $13.9m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $3.3m | $2.7m | $2.1m | $1.3m | $900k | $1.0m | $1.8m | — | $2.0m | $4.8m | — | |
| Share-based Payment Arrangement, Expense | $9.1m | $8.6m | $6.4m | $5.5m | $7.2m | $11.0m | $9.9m | — | $14.1m | $15.1m | $13.9m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $2.5m | — | — | $2.5m | $0 | $0 | $0 | ($4.0m) | $500k | ($200k) | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $6.8m | — | $16.3m | $0 | $4.0m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | $400k | $0 | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $6.8m | $0 | $18.1m | $1.0m | $4.0m | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($97.1m) | ($34.8m) | $40.5m | ($27.2m) | ($79.8m) | |
| Increase (Decrease) in Accounts Receivable | $11.1m | $9.9m | $18.9m | $1.4m | $7.5m | $29.9m | $17.8m | — | ($8.4m) | $2.4m | $1.8m | |
| Change In Receivables | — | — | — | — | — | — | ($17.8m) | $10.9m | $8.4m | ($2.4m) | $1.8m | |
| Increase (Decrease) in Inventories | ($5.5m) | $1.9m | $18.4m | $17.4m | ($24.9m) | $23.5m | $98.3m | — | $8.0m | $27.3m | ($70.7m) | |
| Inventory Write-down | $2.1m | $2.0m | $2.2m | $3.4m | $4.7m | $5.9m | $1.8m | — | $13.3m | $11.9m | — | |
| Change In Inventory | — | — | — | — | — | — | ($98.3m) | ($19.9m) | ($8.0m) | ($27.3m) | ($70.7m) | |
| Increase (Decrease) in Accounts Payable | — | — | — | ($11.0m) | ($17.6m) | $23.0m | $32.2m | — | $6.8m | $17.5m | $10.2m | |
| Change In Accrued Expense | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Change In Other Current Assets | — | — | — | — | — | — | $1.3m | ($3.3m) | ($7.7m) | ($20.0m) | ($17.3m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($14.5m) | ($2.8m) | $41.0m | $5.0m | ($3.8m) | |
| Net Cash Provided by (Used in) Operating Activities | $145.1m |
$59.4m
-59.06%
|
$133.1m
+124.07%
|
$92.5m
-30.50%
|
$140.3m
+51.68%
|
$156.7m
+11.69%
|
$52.3m
-66.62%
|
$109.0m
+108.41%
|
$238.8m
+119.08%
|
$219.3m
-8.17%
|
$237.7m
+8.39%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | $9.0m | $2.5m | $0 | $0 | — | $900k | $2.3m | $2.8m | $100k | |
| Capital Expenditure | $39.4m | $40.6m | $55.7m | $86.6m | $67.7m | $62.7m | ($54.7m) | ($47.6m) | ($47.4m) | ($47.3m) | ($58.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $26.6m | $0 | $127.5m | $0 | $19.7m | $200k | — | $0 | — | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | ($127.5m) | ($127.5m) | — | — | — | — | — | — | |
| Net Other Investing Changes | — | — | — | — | — | $700k | — | $5.5m | $200k | $200k | $1.3m | |
| Net Cash Provided by (Used in) Investing Activities | ($39.1m) | ($66.3m) | ($47.9m) | ($211.8m) | ($67.5m) | ($81.7m) | ($54.9m) | ($42.1m) | ($47.2m) | ($47.1m) | ($56.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | ($6.5m) | $0 | $0 | ($16.7m) | $0 | — | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | $450.0m | $0 | $0 | — | — | — | |
| Long Term Debt Issuance | — | — | — | — | — | $450.0m | $0 | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($700k) | ($1.1m) | ($900k) | ($1.3m) | ($1.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($700k) | ($1.1m) | ($900k) | ($1.3m) | ($1.7m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($700k) | ($1.1m) | ($900k) | ($1.3m) | ($1.7m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($700k) | ($1.1m) | ($900k) | ($1.3m) | ($1.7m) | |
| Payments for Repurchase of Common Stock | $0 | $55.0m | $30.0m | $10.0m | $5.0m | $10.0m | $35.0m | — | $10.0m | $15.0m | — | |
| Proceeds from Issuance of Common Stock | $3.3m | $5.8m | $7.3m | $5.2m | $3.5m | $1.9m | $2.0m | — | $7.7m | $4.7m | $2.3m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($36.5m) | ($38.1m) | ($39.9m) | ($41.9m) | ($43.3m) | |
| Common Stock Issuance | — | — | — | — | — | — | $2.0m | $2.7m | $7.7m | $4.7m | $2.3m | |
| Common Stock Payments | — | — | — | — | — | — | ($35.0m) | ($10.0m) | ($10.0m) | ($15.0m) | ($15.5m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $2.0m | $2.7m | $7.7m | $4.7m | $2.3m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($33.0m) | ($7.3m) | ($2.3m) | ($10.3m) | ($13.2m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($35.0m) | ($10.0m) | ($10.0m) | ($15.0m) | ($15.5m) | |
| Dividends paid | $16.1m | $24.0m | $30.1m | $32.0m | $33.1m | $34.8m | $36.5m | ($38.1m) | $39.9m | $41.9m | ($43.3m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($36.5m) | ($38.1m) | ($39.9m) | ($41.9m) | ($43.3m) | |
| Proceeds from (Payments for) Other Financing Activities | ($1.4m) | $400k | ($200k) | $400k | $400k | ($400k) | — | — | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($1.8m) | ($2.3m) | ($2.9m) | ($4.8m) | ($4.4m) | |
| Net Cash Provided by (Used in) Financing Activities | ($23.7m) |
($81.4m)
-243.46%
|
($98.3m)
-20.76%
|
($50.9m)
+48.22%
|
($41.4m)
+18.66%
|
($58.8m)
-42.03%
|
($72.0m)
-22.45%
|
($48.8m)
+32.22%
|
($46.0m)
+5.74%
|
($58.3m)
-26.74%
|
($62.6m)
-7.38%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($400k) | $1.2m | ($1.5m) | ($200k) | $32.2m | $18.6m | ($81.0m) | ($4.3m) | $149.6m | $121.6m | $490.3m | |
| Beginning Cash Position | — | — | — | — | — | — | $227.5m | $146.5m | $160.3m | $309.9m | $372.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $146.5m | — | $309.9m | $431.5m | $490.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($400k) | $1.2m | ($1.5m) | ($200k) | $800k | $2.4m | ($6.4m) | ($4.3m) | $4.0m | $7.7m | $5.0m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($6.4m) | ($4.3m) | $4.0m | $7.7m | $5.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $22.2m | $24.3m | $25.3m | $19.2m | $15.1m | $10.0m | $5.5m | — | |
| Income Taxes Paid, Net | $36.9m | $31.9m | $10.7m | $29.1m | $15.3m | $16.8m | $26.9m | $37.7m | $74.4m | $69.1m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($16.6m) | $0 | $0 | $700k | $0 | $0 | — | — | — | — | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | — | $67.9m | — | — | — | — | — | — | — | — | — | |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | — | $1.1m | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | — | — | — | — | — | ($9.5m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | $2.5m | $0 | $0 | $0 | ($4.0m) | ($500k) | $200k | — | |
| Goodwill | $5.4m | $12.9m | $12.1m | $95.7m | $99.8m | $115.1m | $98.6m | — | $80.7m | $89.2m | $4.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | $54.3m | $105.6m | $63.8m | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | $69.0m | $0 | $0 | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $33.1m | $24.2m | ($9.9m) | $18.3m | $22.1m | $24.5m | $22.0m | — | $47.5m | $62.5m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $12.7m | $6.6m | — | |
| Operating Expenses | $243.7m | $166.8m | $168.2m | $196.6m | $211.4m | $226.8m | $252.7m | — | $277.3m | $256.1m | — | |
| Operating Lease, Expense | — | — | — | — | $6.3m | $6.1m | $5.8m | — | $6.9m | $7.5m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | $0 | $1.5m | — | — | — | — | — | — | — | — | |
| Payments of Financing Costs | $1.2m | $1.0m | $6.9m | $0 | $1.1m | $6.0m | $0 | — | $900k | $0 | — | |
| Pension Expense (Reversal of Expense), Noncash | — | — | $2.8m | $2.0m | $2.8m | ($1.9m) | ($2.6m) | — | $4.6m | $500k | — | |
| Proceeds from Noncontrolling Interests | $0 | — | — | — | — | — | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | — | $5.6m | $5.6m | — | — | — | — | |
| Operating Cash Flow | $145.1m |
$59.4m
-59.06%
|
$133.1m
+124.07%
|
$92.5m
-30.50%
|
$140.3m
+51.68%
|
$156.7m
+11.69%
|
$52.3m
-66.62%
|
$109.0m
+108.41%
|
$238.8m
+119.08%
|
$219.3m
-8.17%
|
$237.7m
+8.39%
|
|
| Cash Flow From Continuing Operating Activities | $145.1m | $59.4m | $133.1m | $92.5m | $140.3m | $156.7m | $52.3m | $109.0m | $238.8m | $219.3m | $237.7m | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($72.0m) | ($48.8m) | ($46.0m) | ($58.3m) | ($62.6m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($54.9m) | ($42.1m) | ($47.2m) | ($47.1m) | ($56.8m) | |
| Change In Account Payable | — | — | — | — | — | — | $32.2m | ($19.7m) | $6.8m | $17.5m | $10.2m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($81.0m) | $13.8m | $149.6m | $121.6m | — | |
| Change In Payable | — | — | — | — | — | — | $32.2m | ($19.7m) | $6.8m | $17.5m | $10.2m | |
| Changes In Cash | — | — | — | — | — | — | ($74.6m) | $18.1m | $145.6m | $113.9m | $118.3m | |
| End Cash Position | — | — | — | — | — | — | $146.5m | $160.3m | $309.9m | $431.5m | $490.3m | |
| Financing Cash Flow | — | — | — | — | — | — | ($72.0m) |
($48.8m)
+32.22%
|
($46.0m)
+5.74%
|
($58.3m)
-26.74%
|
($62.6m)
-7.38%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($2.4m) | $61.4m | $191.4m | $172.0m | $179.6m | |
| Investing Cash Flow | — | — | — | — | — | — | ($54.9m) | ($42.1m) | ($47.2m) | ($47.1m) | ($56.8m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($19.7m) | ($200k) | $0 | $0 | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($2.6m) | $400k | $5.1m | $300k | $100k | |
| Other Non Cash Items | — | — | — | — | — | — | $1.3m | $900k | $1.0m | $900k | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | ($2.6m) | $4.4m | $4.6m | $500k | $600k | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $1.6m | $400k | $4.5m | $2.0m | $8.3m | |
| Purchase Of Business | — | — | — | — | — | ($19.7m) | ($200k) | $0 | $0 | — | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $8.7m | $8.5m | $9.0m | $10.7m | $13.9m |