Mueller Water Products released its investor presentation for September 2, 2025, showcasing key non-GAAP measures that provide additional insight into the company's performance. Adjusted net income for the quarter stood at $40.7 million, an increase of 15% from the previous period. Similarly, adjusted net income per diluted share rose to $0.23, marking a 15% increase from the prior period.
Furthermore, the company's adjusted EBITDA came in at $76.4 million, reflecting a 12% increase compared to the last period. This improvement in performance was also evident in the adjusted EBITDA margin, which expanded to 18.2%, up from 17.5% in the previous period.
On the liquidity front, Mueller Water Products reported a net debt of $449.6 million, while the net debt leverage stood at 1.3x. Additionally, the company generated free cash flow of $51.8 million during the period, demonstrating its ability to generate liquidity from operating activities.
The company's management highlighted these non-GAAP measures as valuable tools for evaluating its underlying performance and financial position across periods, and noted that they are frequently used by analysts and investors in assessing the company's recurring performance.
It is important to note that the company did not reconcile forward-looking non-GAAP measures to comparable GAAP measures, as certain items may have not yet occurred, are out of the company's control, or cannot be reasonably predicted without unreasonable efforts. The market has reacted to these announcements by moving the company's shares 0.11% to a price of $26.39. For the full picture, make sure to review Mueller Water Products's 8-K report.
