Flagship explainer

What drives MUELLER WATER PRODUCTS, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity21%Tax burden75%net income ÷ pretax incomeInterest burden98%pretax ÷ operating incomeOperating margin18%operating income ÷ revenueAsset turnover0.82×revenue ÷ average assetsEquity multiplier1.94×average assets ÷ average equityAs of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$192MFY2025
Income before tax$254MFY2025
Operating income$261MFY2025
$1.4BFY2025
Ending assets$1.8BFY2025
Beginning assets$1.6BFY2024
$982MFY2025
$810MFY2024
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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MWA dupont explainer — Buy Like Buffett · Buy Like Buffett