Mueller Water Products raised its fiscal 2026 adjusted EBITDA outlook to $367 million-$372 million, and narrowed its net sales view to $1.47 billion-$1.48 billion.
Fiscal third-quarter results
Mueller Water Products posted fiscal 2026 third-quarter net sales up 4.1% to $395.9 million, and net income per diluted share rose to $0.43.
Operating income increased 9.4% to $80.6 million, and operating margin widened 1 percentage point to 20.4%.
Adjusted EBITDA climbed 24.3% to $107.4 million, and adjusted EBITDA margin expanded 4.4 percentage points to 27.1%.
Results benefited from higher pricing and tariff refunds, partly offset by inflationary pressures and slightly lower volumes.