Core Insights - Mueller Water Products, Inc. released its 2024 Environmental, Social and Governance (ESG) report, showcasing its commitment to sustainability and innovation in water management solutions [1][2] ESG Activities Summary - The 2024 ESG report highlights activities across six key pillars: Products, Environment, Health and Safety, Employees, Communities, and Governance [2] - The company has identified an estimated 7.7 billion gallons in water loss savings for clients through its EchoShore leak detection program, achieving this milestone three years ahead of schedule [6] - A new goal has been set to identify a total of 18 billion gallons of water loss by 2029 [6] - The company utilized approximately 69,900 metric tons of recycled metal, with 95% of the metal used in product production being recycled [6] - Hazardous waste directed to disposal has decreased by 21% year-over-year [6] - Scope 1 and 2 greenhouse gas emissions intensity was reduced by 1% year-over-year compared to 2023 [6] Company Overview - Mueller Water Products is a leading manufacturer and marketer of products and solutions for water transmission, distribution, and measurement in North America [4] - The company's product portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, and software for critical water system data [4]

Company Overview - Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions for water transmission, distribution, and measurement in North America [2] - The company's product portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software for critical water system data [2] - Mueller Water Products aims to help municipalities enhance operational efficiencies, improve customer service, and prioritize capital spending [2] Upcoming Financial Results - Mueller Water Products plans to release its financial results for the third quarter ended June 30, 2025, after U.S. markets close on August 4, 2025 [1] - A conference call to discuss earnings and business results will be held on August 5, 2025, at 10:00 a.m. ET, with a webcast available on the company's Investor Relations website [1]

Core Insights - Mueller Water Products, Inc. reported a solid performance in the second quarter of fiscal 2025, achieving record levels in consolidated net sales, adjusted EBITDA, and adjusted net income per share, driven by healthy order levels and resilient end-market demand [2][4][6] Financial Performance - Net sales increased by 3.1 percent to $364.3 million compared to $353.4 million in the prior year quarter, primarily due to higher pricing and increased volumes across most product lines [4][6] - Operating income rose by 10.1 percent to $69.9 million, with an operating margin of 19.2 percent, up from 18.0 percent in the prior year quarter [7][10] - Adjusted net income increased by 16.0 percent to $53.7 million, with adjusted net income per diluted share rising by 13.3 percent to $0.34 [10][11] - Adjusted EBITDA increased by 2.8 percent to $84.5 million, with an adjusted EBITDA margin of 23.2 percent [11][12] Segment Results - Water Flow Solutions segment net sales increased by 5.1 percent to $216.2 million, driven by higher volumes of iron gate and specialty valves [12][13] - Water Management Solutions segment net sales increased by 0.3 percent to $148.1 million, primarily due to increased volumes of repair products [15][16] Cash Flow and Balance Sheet - Net cash provided by operating activities for the six-month period increased by $6.2 million to $68.4 million compared to $62.2 million in the prior year period [20][22] - Free cash flow for the six-month period increased by $0.9 million to $47.3 million [22] - As of March 31, 2025, total debt outstanding was $450.5 million, with cash and cash equivalents of $329.2 million, resulting in a debt leverage ratio of 1.5 times [23] Fiscal 2025 Outlook - The company raised its guidance for fiscal 2025 consolidated net sales to between $1,390 million and $1,400 million, reflecting an increase of 5.7 percent to 6.5 percent compared to the prior year [24] - The company reaffirmed its expectations for fiscal 2025 adjusted EBITDA to be between $310 million and $315 million, an increase of 8.9 percent to 10.6 percent compared to the prior year [24][25]