Mueller Water Products (MWA) — Working Capital to Net Assets Ratio
Mueller Water Products (MWA) has a Working Capital to Net Assets ratio of 77.8% as of March 2026. Working capital of $832.70 Million (current assets of $1.07 Billion minus current liabilities of $233.30 Million) is measured against net assets of $1.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mueller Water Products balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mueller Water Products Working Capital to Net Assets (2006–2025)
This chart shows how Mueller Water Products's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 77.8%, reflecting working capital of $832.70 Million against net assets of $1.07 Billion USD. Check Mueller Water Products (MWA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mueller Water Products (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mueller Water Products from 2006 to 2025, covering 20 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MWA stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 75.2% | $738.60 Million | $981.70 Million | $1.03 Billion | $290.30 Million | ▲ +1.1 pp |
| 2024 | 74.1% | $600.40 Million | $810.10 Million | $858.40 Million | $258.00 Million | ▲ +5.5 pp |
| 2023 | 68.6% | $488.00 Million | $711.50 Million | $706.80 Million | $218.80 Million | ▲ +3.0 pp |
| 2022 | 65.6% | $439.00 Million | $669.30 Million | $680.00 Million | $241.00 Million | ▲ +3.2 pp |
| 2021 | 62.4% | $433.60 Million | $694.90 Million | $653.70 Million | $220.10 Million | ▼ -4.1 pp |
| 2020 | 66.5% | $426.20 Million | $640.70 Million | $581.20 Million | $155.00 Million | ▲ +0.9 pp |
| 2019 | 65.6% | $388.40 Million | $592.30 Million | $566.90 Million | $178.50 Million | ▼ -26.2 pp |
| 2018 | 91.8% | $518.40 Million | $564.80 Million | $685.50 Million | $167.10 Million | ▼ -16.2 pp |
| 2017 | 108.0% | $528.70 Million | $489.50 Million | $670.30 Million | $141.60 Million | ▲ +6.3 pp |
| 2016 | 101.7% | $426.50 Million | $419.50 Million | $612.30 Million | $185.80 Million | ▼ -2.1 pp |
| 2015 | 103.7% | $381.50 Million | $367.80 Million | $549.50 Million | $168.00 Million | ▼ -17.0 pp |
| 2014 | 120.7% | $424.50 Million | $351.60 Million | $623.90 Million | $199.40 Million | ▲ +3.0 pp |
| 2013 | 117.7% | $386.30 Million | $328.20 Million | $569.40 Million | $183.10 Million | ▼ -20.9 pp |
| 2012 | 138.6% | $321.20 Million | $231.70 Million | $489.60 Million | $168.40 Million | ▲ +32.0 pp |
| 2011 | 106.6% | $404.00 Million | $379.00 Million | $598.80 Million | $194.80 Million | ▼ -5.1 pp |
| 2010 | 111.7% | $452.70 Million | $405.30 Million | $636.40 Million | $183.70 Million | ▼ -8.7 pp |
| 2009 | 120.4% | $525.30 Million | $436.30 Million | $746.10 Million | $220.80 Million | ▲ +63.5 pp |
| 2008 | 56.9% | $755.60 Million | $1.33 Billion | $1.05 Billion | $294.70 Million | ▲ +2.7 pp |
| 2007 | 54.1% | $709.70 Million | $1.31 Billion | $950.00 Million | $240.30 Million | ▼ -1.6 pp |
| 2006 | 55.7% | $683.60 Million | $1.23 Billion | $935.20 Million | $251.60 Million | — |