Franklin Electric (FELE) vs MUELLER WATER PRODUCTS (MWA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Franklin Electric (FELE) has outperformed MUELLER WATER PRODUCTS (MWA) over the past year, gaining 4.1% versus a loss of 15.9%. Over five years, MWA leads with a +34.4% price change compared with +16.6% for FELE. Franklin Electric is the larger company by market cap ($4.30 billion vs $3.36 billion), about 1.3 times the size, while MUELLER WATER PRODUCTS is growing revenue faster (+8.7% vs +5.4%).
On valuation, MUELLER WATER PRODUCTS trades at a lower forward P/E (13.6x vs 18.8x for Franklin Electric). MUELLER WATER PRODUCTS offers the higher dividend yield (1.29% vs 1.12%). MUELLER WATER PRODUCTS converts more of its revenue into profit, with a net margin of 13.4% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FELE | MWA |
|---|---|---|
| Share price | $97.29 | $21.55 |
| Market cap | $4.30B | $3.36B |
| 1-day change | -0.31% | +0.75% |
| YTD return | +2.16% | -10.20% |
| 1-year return | +4.05% | -15.92% |
| 5-year return | +16.59% | +34.44% |
| P/E ratio (TTM) | 28.04 | 15.18 |
| Forward P/E | 18.85 | 13.58 |
| EPS (TTM) | $3.47 | $1.42 |
| Dividend yield | 1.12% | 1.29% |
| Annual dividend | $1.09 | $0.277 |
| Revenue (latest FY) | $2.13B | $1.43B |
| Revenue growth (YoY) | +5.44% | +8.75% |
| Net income (latest FY) | $147.09M | $191.70M |
| Gross margin | 35.47% | 36.14% |
| Operating margin | 12.62% | 18.23% |
| Net margin | 6.90% | 13.41% |
| 52-week high | $115.82 | $31.00 |
| 52-week low | $89.54 | $20.90 |
| Distance from 52-week high | -16.00% | -30.48% |
| Analyst consensus | none | none |
| Avg. price target upside | +21.80% | +36.89% |
| Average volume | 281.40K | 1.23M |
| Shares outstanding | 44.21M | 156.13M |
| Employees | 6,500 | 3,500 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Metal Fabrications | Metal Fabrications |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- FELE has outperformed MWA by 20.0 percentage points over the past year.
- Franklin Electric trades at a higher earnings multiple (28.0x vs 15.2x trailing P/E).
- MUELLER WATER PRODUCTS is more profitable, keeping 13.4 cents of every revenue dollar as net income versus 6.9 cents for Franklin Electric.
- The two companies sit in different sectors: Franklin Electric in Consumer Discretionary and MUELLER WATER PRODUCTS in Industrials.
About Franklin Electric
FELE stock →Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Water Systems, Energy Systems, and Distribution segments.
Consumer Discretionary · Metal Fabrications · 6,500 employees
About MUELLER WATER PRODUCTS
MWA stock →Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally.
Industrials · Metal Fabrications · 3,500 employees
FELE vs MWA FAQ
Which is bigger, Franklin Electric or MUELLER WATER PRODUCTS?
Franklin Electric (FELE) is larger, with a market capitalization of $4.30B compared with $3.36B for MUELLER WATER PRODUCTS (MWA).
Which stock has performed better over the past year, FELE or MWA?
FELE returned +4.05% over the past 12 months, compared with -15.92% for MWA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FELE or MWA?
MWA has the lower trailing P/E at 15.2, versus 28.0 for FELE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Franklin Electric or MUELLER WATER PRODUCTS?
MUELLER WATER PRODUCTS has the higher yield at 1.29%, compared with 1.12% for Franklin Electric.
Are Franklin Electric and MUELLER WATER PRODUCTS in the same industry?
Yes. Both are classified in the Metal Fabrications industry within the Consumer Discretionary sector.