ZWS · Zurn Elkay Water Solutions Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $433.00M | - | $455.40M | $444.50M | $388.80M | - | $410.00M | $412.00M | $373.80M | - |
| Cost of Revenue | $227.20M | - | $254.70M | $242.20M | $207.80M | - | $220.60M | $225.70M | $203.70M | - |
| Gross Profit | $205.80M | - | $200.70M | $202.30M | $181.00M | - | $189.40M | $186.30M | $170.10M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $108.20M | - | $106.70M | $108.20M | $101.20M | - | $101.70M | $98.90M | $95.90M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $6.40M | - | - | - | $8.00M | - | - | - | $6.90M | - |
| Operating Income | $82.10M | - | $77.50M | $77.60M | $63.40M | - | $70.20M | $71.90M | $53.20M | - |
| Interest Expense | $6.20M | - | $7.10M | $7.70M | $8.80M | - | $8.30M | $10.30M | $8.80M | - |
| Income Tax | $18.00M | - | $19.50M | $17.80M | $15.10M | - | $16.90M | $16.50M | $9.00M | - |
| Net Income | $58.90M | - | $61.80M | $50.50M | $43.60M | - | $43.50M | $46.00M | $34.30M | - |
| EPS - Basic | $0.35 | - | $0.36 | $0.30 | $0.26 | - | $0.25 | $0.27 | $0.20 | - |
| EPS - Diluted | $0.35 | - | $0.36 | $0.29 | $0.26 | - | $0.25 | $0.27 | $0.19 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $273.50M | $300.50M | $260.10M | $201.90M | $144.70M | $198.00M | $187.90M | $162.70M | $157.10M | $136.70M |
| Accounts Receivable | $242.70M | $184.80M | $232.30M | $240.10M | $242.80M | $202.20M | $242.40M | $240.10M | $222.90M | $210.20M |
| Inventory | $292.30M | $274.40M | $273.20M | $275.80M | $280.60M | $272.60M | $278.60M | $276.20M | $286.60M | $277.60M |
| Accounts Payable | $99.00M | $65.20M | $82.20M | $88.90M | $95.00M | $71.70M | $94.70M | $77.90M | $70.20M | $56.40M |
| Current Assets | $836.50M | $811.70M | $800.70M | $754.00M | $697.40M | $722.10M | $755.10M | $723.20M | $696.50M | $667.80M |
| Total Assets | $2.68B | $2.68B | $2.68B | $2.65B | $2.61B | $2.65B | $2.70B | $2.68B | $2.66B | $2.67B |
| Current Liabilities | $258.50M | $259.40M | $288.20M | $278.30M | $242.60M | $247.80M | $279.20M | $255.10M | $210.60M | $220.90M |
| Long-term Debt | $497.60M | $495.60M | $495.50M | $495.10M | $495.00M | $494.80M | $494.70M | $494.60M | $494.50M | $494.40M |
| Total Liabilities | $1.08B | $1.08B | $1.09B | $1.09B | $1.06B | $1.06B | $1.12B | $1.09B | $1.05B | $1.06B |
| Stockholders' Equity | $1.61B | $1.60B | $1.59B | $1.56B | $1.55B | $1.59B | $1.59B | $1.59B | $1.61B | $1.60B |
| Retained Earnings | ($1.12B) | ($1.13B) | ($1.15B) | ($1.19B) | ($1.20B) | ($1.17B) | ($1.19B) | ($1.18B) | ($1.16B) | ($1.18B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $46.10M | - | - | - | $42.90M | - | - | - | $53.90M | - |
| Investing Cash Flow | ($3.40M) | - | - | - | ($4.30M) | - | - | - | ($2.10M) | - |
| Financing Cash Flow | ($69.20M) | - | - | - | ($92.10M) | - | - | - | ($30.90M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 47.5% | - | 44.1% | 45.5% | 46.6% | - | 46.2% | 45.2% | 45.5% | - |
| Operating margin | 19.0% | - | 17.0% | 17.5% | 16.3% | - | 17.1% | 17.5% | 14.2% | - |
| EBITDA margin | 20.4% | - | - | - | 18.4% | - | - | - | 16.1% | - |
| Net margin | 13.6% | - | 13.6% | 11.4% | 11.2% | - | 10.6% | 11.2% | 9.2% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 25.0% | - | 23.4% | 24.3% | 26.0% | - | 24.8% | 24.0% | 25.7% | - |
| Effective tax rate | 23.4% | - | 24.0% | 26.1% | 25.7% | - | 28.0% | 26.4% | 20.8% | - |
| Return on assets | 2.2% | - | 2.3% | 1.9% | 1.7% | - | 1.6% | 1.7% | 1.3% | - |
| Return on equity | 3.7% | - | 3.9% | 3.2% | 2.8% | - | 2.7% | 2.9% | 2.1% | - |
| Return on invested capital | 3.0% | - | 2.8% | 2.8% | 2.3% | - | 2.4% | 2.5% | 2.0% | - |
| Liquidity | ||||||||||
| Current ratio | 3.24 | 3.13 | 2.78 | 2.71 | 2.87 | 2.91 | 2.70 | 2.83 | 3.31 | 3.02 |
| Quick ratio | 2.11 | 2.07 | 1.83 | 1.72 | 1.72 | 1.81 | 1.71 | 1.75 | 1.95 | 1.77 |
| Cash ratio | 1.06 | 1.16 | 0.90 | 0.73 | 0.60 | 0.80 | 0.67 | 0.64 | 0.75 | 0.62 |
| Leverage | ||||||||||
| Debt / Equity | 0.31 | 0.31 | 0.31 | 0.32 | 0.32 | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
| Debt / Assets | 0.19 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 | 0.19 |
| Debt / EBITDA | 5.62 | - | - | - | 6.93 | - | - | - | 8.23 | - |
| Interest coverage | 13.2x | - | 10.9x | 10.1x | 7.2x | - | 8.5x | 7.0x | 6.0x | - |
| Equity multiplier | 1.67 | 1.67 | 1.69 | 1.70 | 1.68 | 1.67 | 1.70 | 1.68 | 1.65 | 1.66 |
| Liabilities / Assets | 0.40 | 0.40 | 0.41 | 0.41 | 0.41 | 0.40 | 0.41 | 0.41 | 0.39 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.17 | 0.17 | 0.15 | - | 0.15 | 0.15 | 0.14 | - |
| Inventory turnover | 0.78 | - | 0.93 | 0.88 | 0.74 | - | 0.79 | 0.82 | 0.71 | - |
| Days sales outstanding | 205d | - | 186d | 197d | 228d | - | 216d | 213d | 218d | - |
| Days inventory outstanding | 470d | - | 392d | 416d | 493d | - | 461d | 447d | 514d | - |
| Days payable outstanding | 159d | - | 118d | 134d | 167d | - | 157d | 126d | 126d | - |
| Cash conversion cycle | 515d | - | 460d | 479d | 554d | - | 520d | 533d | 605d | - |
| Valuation | ||||||||||
| P / E | 128.1x | - | 130.6x | 126.1x | 126.8x | - | 143.8x | 108.9x | 176.2x | - |
| P / B | 4.7x | - | 5.0x | 4.0x | 3.7x | - | 3.9x | 3.2x | 3.6x | - |
| P / S | 17.6x | - | 17.6x | 14.0x | 14.6x | - | 15.2x | 12.5x | 15.7x | - |
| EV / EBITDA | 88.5x | - | - | - | 84.4x | - | - | - | 103.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 11.4% | - | 11.1% | 7.9% | 4.0% | - | 2.9% | 2.2% | 0.5% | - |
| Revenue CAGR (3y) | 5.2% | - | 2.9% | 16.1% | 17.5% | - | -9.7% | -10.2% | -10.8% | - |
| Revenue CAGR (5y) | -3.8% | - | -1.6% | -3.1% | -5.2% | - | -1.3% | -4.7% | -3.3% | - |
| Gross profit growth (YoY) | 13.7% | - | 6.0% | 8.6% | 6.4% | - | 11.5% | 7.4% | 14.3% | - |
| Operating income growth (YoY) | 29.5% | - | 10.4% | 7.9% | 19.2% | - | 16.8% | 31.2% | 21.7% | - |
| Net income growth (YoY) | 35.1% | - | 42.1% | 9.8% | 27.1% | - | 5.1% | 32.9% | 50.4% | - |
| EPS growth (YoY) | 34.6% | - | 44.0% | 7.4% | 36.8% | - | 4.2% | 35.0% | 46.2% | - |
| EPS CAGR (3y) | 39.1% | - | - | 1.2% | 2.7% | - | -21.2% | -22.9% | -22.0% | - |
| EPS CAGR (5y) | -2.6% | - | -0.5% | -8.8% | -7.3% | - | 3.5% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 3.8% | 1.0% | 0.3% | -1.9% | -4.1% | -1.0% | -1.6% | 0.4% | 0.9% | -0.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.70B totalReportable Segment$1.70B · 100.0%
Geographic
$1.70B totalUS$1.55B · 91.5%
CA$97.80M · 5.8%
Other Geographical Areas$47.00M · 2.8%
Peer comparison
Same SIC group: General Industrial Machinery & Equipment
Comparing Zurn Elkay Water Solutions Corp against the 5 most active filers in the same SIC group.
Dividends
$0.42/share trailing 12 months · +20.0% YoY
| Ex-date | Per share |
|---|---|
| May 20, 2026 | $0.1100 |
| Feb 20, 2026 | $0.1100 |
| Nov 20, 2025 | $0.1100 |
| Aug 20, 2025 | $0.0900 |
| May 20, 2025 | $0.0900 |
| Feb 20, 2025 | $0.0900 |
| Nov 20, 2024 | $0.0900 |
| Aug 20, 2024 | $0.0800 |
| May 17, 2024 | $0.0800 |
| Feb 16, 2024 | $0.0800 |
| Nov 17, 2023 | $0.0800 |
| Aug 17, 2023 | $0.0700 |
| May 18, 2023 | $0.0700 |
| Feb 17, 2023 | $0.0700 |
| Nov 17, 2022 | $0.0700 |
| Aug 18, 2022 | $0.0700 |
| May 19, 2022 | $0.0300 |
| Feb 17, 2022 | $0.0300 |
| Nov 18, 2021 | $0.0300 |
| Aug 19, 2021 | $0.0434 |
| May 19, 2021 | $0.0434 |
| Feb 18, 2021 | $0.0434 |
| Nov 19, 2020 | $0.0385 |
| Aug 19, 2020 | $0.0385 |