Zurn Elkay Water Solutions Corporation(ZWS)Earnings, Financials & Key Ratios

ZWS•NYSE

$51.15

$8.57B mkt cap·45.7× P/E·Price updated May 6, 2026

SectorIndustrials IndustryEnvironmental Services Sub-IndustryFiltration and Flow Control Components

AboutZurn Elkay Water Solutions Corporation designs, procures, manufactures, and markets water system solutions that provide and enhance water quality, safety, flow control, and conservation in and around non-residential buildings. It offers finish plumbing, drainage and interceptors, water control and backflow, fire protection, PEX pipe fittings and accessories, and repair parts under the Zurn brand name; and hand and hair dryers, and baby changing stations under the World Dryer brand name. The company also offers stainless steel products under the Just Manufacturing brand name, which include stainless steel sinks for classrooms and academic institutions; ADA commercial stainless-steel sinks and plumbing fixtures for assisted living; faucets, bubblers, drains, and accessories; and stainless steel fixtures and related products for food services, government, healthcare, hospitality, institutional, and residential markets. It serves higher education, healthcare, retail, restaurant, hospitality, education, government, and fire protection markets. The company was formerly known as Zurn Water Solutions Corporation. Zurn Elkay Water Solutions Corporation was incorporated in 2006 and is headquartered in Milwaukee, Wisconsin.Show more

Revenue$1.7B+8.3%
EBITDA$377M+13.3%
Net Income$198M+23.6%
EPS (Diluted)1.12+21.7%
Gross Margin41.64%-7.7%
EBITDA Margin22.24%+4.7%
Operating Margin17.01%+8.9%
Net Margin11.68%+14.2%
ROE12.41%+23.6%
ROIC11.32%+21.8%
Debt/Equity0.36+4.2%
Interest Coverage9.96+37.3%

Technical→

ZWS Key Insights

Zurn Elkay Water Solutions Corporation (ZWS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓FCF machine: 18.7% free cash flow margin
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 24.7%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ZWS Price & Volume

Zurn Elkay Water Solutions Corporation (ZWS) stock price & volume — 10-year historical chart

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ZWS Growth Metrics

Zurn Elkay Water Solutions Corporation (ZWS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-1.25%

5 Years24.69%

3 Years9.78%

TTM10.03%

Profit CAGR

10 Years11.3%

5 Years10.87%

3 Years47.5%

TTM25.84%

EPS CAGR

10 Years5.43%

5 Years31.95%

3 Years40.95%

TTM28.87%

Return on Capital

10 Years7.37%

5 Years8.28%

3 Years9.9%

Last Year11.97%

ZWS Recent Earnings

Zurn Elkay Water Solutions Corporation (ZWS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)

Q2 2026Latest

Apr 21, 2026

EPS

$0.41

Est $0.37

+10.8%

Revenue

$433M

Est $419M

+3.4%

Q1 2026

Feb 3, 2026

EPS

$0.36

Est $0.34

+5.9%

Revenue

$407M

Est $401M

+1.6%

Q4 2025

Oct 28, 2025

EPS

$0.43

Est $0.40

+7.5%

Revenue

$455M

Est $401M

+13.6%

Q3 2025

Jul 29, 2025

EPS

$0.42

Est $0.36

+16.7%

Revenue

$445M

Est $427M

+4.1%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 21, 2026	$0.41vs $0.37+10.8%	$433Mvs $419M+3.4%
Q1 2026	Feb 3, 2026	$0.36vs $0.34+5.9%	$407Mvs $401M+1.6%
Q4 2025	Oct 28, 2025	$0.43vs $0.40+7.5%	$455Mvs $401M+13.6%
Q3 2025	Jul 29, 2025	$0.42vs $0.36+16.7%	$445Mvs $427M+4.1%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
FELEFranklin Electric Co., Inc.Direct Competitor	4.46B	100.98	31.07	5.44%	6.91%	11.44%	0.21
WTSWatts Water Technologies, Inc.Direct Competitor	9.75B	292.35	28.75	8.27%	14.32%	18.38%	0.10
MFINMedallion Financial Corp.Direct Competitor	221.42M	9.41	5.29	21.09%		9.38%	0.62
RXORXO, Inc.Direct Competitor	3.23B	19.62	-33.25	26.2%	-1.74%	-6.35%	0.56
LIQTLiqTech International, Inc.Direct Competitor	20.79M	2.16	-2.43	13.03%	-53.25%	-69.97%	1.17
MWAMueller Water Products, Inc.Product Competitor	4.24B	27.14	22.25	8.75%	14.17%	20.74%	0.46
ERIIEnergy Recovery, Inc.Product Competitor	613.34M	11.61	27.64	-7.07%	25.89%	17.36%	0.05
AWKAmerican Water Works Company, Inc.Product Competitor	24.54B	125.68	22.05	9.74%	21.17%	10.14%	1.47

Compare ZWS vs Peers

Zurn Elkay Water Solutions Corporation (ZWS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FELE

Most directly comparable listed peer for ZWS.

Scale Benchmark

vs HD

Larger-name benchmark to compare ZWS against a more recognizable public peer.

Peer Set

Compare Top 5

vs FELE, WTS, MFIN, RXO

ZWS Income Statement

Zurn Elkay Water Solutions Corporation (ZWS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Mar'18	Mar'19	Mar'20	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	1.85B	2.05B	710.1M	562.7M	910.9M	1.28B	1.53B	1.57B	1.7B	1.74B
Revenue Growth %	8.12%	10.76%	-65.38%	-20.76%	61.88%	40.72%	19.4%	2.35%	8.26%	10.03%
Cost of Goods Sold	1.15B	1.27B	387.5M	309.4M	537.7M	816.3M	882.4M	859.5M	989.8M	979.9M
COGS % of Revenue	61.84%	61.73%	54.57%	54.98%	59.03%	63.68%	57.65%	54.87%	58.36%	-
Gross Profit	706.5M▲ 0%	784.8M▲ 11.1%	322.6M▼ 58.9%	253.3M▼ 21.5%	373.2M▲ 47.3%	465.5M▲ 24.7%	648.1M▲ 39.2%	707M▲ 9.1%	706.1M▼ 0.1%	760.2M▲ 0%
Gross Margin %	38.16%	38.27%	45.43%	45.02%	40.97%	36.32%	42.35%	45.13%	41.64%	43.69%
Gross Profit Growth %	12.79%	11.08%	-58.89%	-21.48%	47.34%	24.73%	39.23%	9.09%	-0.13%	-
Operating Expenses	440.1M	479.2M	218.5M	172.3M	266.2M	358.4M	456.7M	462.4M	417.6M	456.6M
OpEx % of Revenue	23.77%	23.37%	30.77%	30.62%	29.22%	27.96%	29.84%	29.52%	24.62%	-
Selling, General & Admin	393.8M	433.1M	196.4M	153.7M	239M	309M	371.3M	389.8M	417.6M	424.6M
SG&A % of Revenue	21.27%	21.12%	27.66%	27.31%	26.24%	24.11%	24.26%	24.88%	24.62%	-
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	46.3M	46.1M	22.1M	18.6M	27.2M	49.4M	85.4M	72.6M	0	2M
Operating Income	266.4M▲ 0%	305.6M▲ 14.7%	104.1M▼ 65.9%	81M▼ 22.2%	107M▲ 32.1%	107.1M▲ 0.1%	191.4M▲ 78.7%	244.6M▲ 27.8%	288.5M▲ 17.9%	303.6M▲ 0%
Operating Margin %	14.39%	14.9%	14.66%	14.39%	11.75%	8.36%	12.51%	15.61%	17.01%	17.45%
Operating Income Growth %	31.1%	14.71%	-65.94%	-22.19%	32.1%	0.09%	78.71%	27.8%	17.95%	-
EBITDA	356.1M	397.9M	190.7M	148M	184.5M	161.6M	279.3M	332.9M	377.2M	370.6M
EBITDA Margin %	19.23%	19.4%	26.86%	26.3%	20.25%	12.61%	18.25%	21.25%	22.24%	21.3%
EBITDA Growth %	15.39%	11.74%	-52.07%	-22.39%	24.66%	-12.41%	72.83%	19.19%	13.31%	6.49%
D&A (Non-Cash Add-back)	89.7M	92.3M	86.6M	67M	77.5M	54.5M	87.9M	88.3M	88.7M	66M
EBIT	262.2M	308.7M	80M	78.8M	87.1M	110.7M	185.3M	240.1M	284.9M	304.6M
Net Interest Income	-75.1M	-69.9M	-56.6M	-33.3M	-34.7M	-26.9M	-38.5M	-33.1M	-28.6M	-27.5M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	75.1M	69.9M	56.6M	33.3M	34.7M	26.9M	38.5M	33.1M	28.6M	27.5M
Other Income/Expense	-79.3M	-66.8M	-80.7M	-35.5M	-54.6M	-23.3M	-44.6M	-37.6M	-32.2M	-26.5M
Pretax Income	187.1M▲ 0%	238.8M▲ 27.6%	23.4M▼ 90.2%	45.5M▲ 94.4%	52.4M▲ 15.2%	83.8M▲ 59.9%	146.8M▲ 75.2%	207M▲ 41.0%	256.3M▲ 23.8%	277.1M▲ 0%
Pretax Margin %	10.1%	11.64%	3.3%	8.09%	5.75%	6.54%	9.59%	13.21%	15.11%	15.92%
Income Tax	-19.5M	53.4M	4.4M	10.5M	2.7M	26.8M	42.6M	48.1M	63.9M	66.8M
Effective Tax Rate %	-10.42%	22.36%	18.8%	23.08%	5.15%	31.98%	29.02%	23.24%	24.93%	24.11%
Net Income	75.9M▲ 0%	34.3M▼ 54.8%	180.1M▲ 425.1%	118.2M▼ 34.4%	120.9M▲ 2.3%	61.7M▼ 49.0%	112.7M▲ 82.7%	160.2M▲ 42.1%	198M▲ 23.6%	213.3M▲ 0%
Net Margin %	4.1%	1.67%	25.36%	21.01%	13.27%	4.81%	7.36%	10.23%	11.68%	12.26%
Net Income Growth %	2.43%	-54.81%	425.07%	-34.37%	2.28%	-48.97%	82.66%	42.15%	23.6%	25.84%
Net Income (Continuing)	206.6M	189M	19M	35M	49.7M	57M	104.2M	158.9M	192.4M	210.3M
Discontinued Operations	-130.6M	-154.7M	161.1M	83.2M	71.2M	4.7M	8.5M	1.3M	5.6M	1.8M
Minority Interest	100K	2.4M	2.4M	3M	0	0	0	0	0	0
EPS (Diluted)	0.72▲ 0%	0.28▼ 61.4%	1.33▲ 378.2%	0.28▼ 78.9%	0.97▲ 246.4%	0.40▼ 58.8%	0.64▲ 60.0%	0.92▲ 43.8%	1.12▲ 21.7%	1.26▲ 0%
EPS Growth %	12.5%	-61.37%	378.21%	-78.95%	246.43%	-58.76%	60%	43.75%	21.74%	28.87%
EPS (Basic)	0.73	0.33	1.48	0.29	1.00	0.41	0.65	0.93	1.14	-
Diluted Shares Outstanding	106M	123.33M	124.26M	123.2M	125.11M	153.84M	177.26M	174.66M	171.26M	169.68M
Basic Shares Outstanding	103.89M	104.64M	111.69M	120.43M	121.49M	151.58M	174.25M	171.69M	168.66M	167.7M
Dividend Payout Ratio	-	-	5.44%	24.37%	30.11%	52.67%	44.72%	35.33%	32.27%	-

ZWS Balance Sheet

Zurn Elkay Water Solutions Corporation (ZWS) balance sheet — assets, liabilities & shareholders' equity

Line item	Mar'18	Mar'19	Mar'20	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	997.7M	982.9M	982.9M	907.7M	474.8M	757.5M	667.8M	722.1M	811.7M	836.5M
Cash & Short-Term Investments	217.6M	292.5M	292.5M	62.3M	96.6M	124.8M	136.7M	198M	300.5M	273.5M
Cash Only	217.6M	292.5M	292.5M	62.3M	96.6M	124.8M	136.7M	198M	300.5M	273.5M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	392.3M	337.6M	337.6M	103.6M	177.2M	238M	227.2M	221.8M	198.1M	242.7M
Days Sales Outstanding	77.33	60.08	173.53	67.2	71	67.77	54.18	51.68	42.64	48.32
Inventory	344.8M	316.5M	316.5M	136.1M	184.5M	366.7M	277.6M	272.6M	274.4M	292.3M
Days Inventory Outstanding	109.9	91.24	298.12	160.56	125.24	163.97	114.83	115.76	101.19	103.9
Other Current Assets	43M	36.3M	36.3M	605.7M	16.5M	28M	26.3M	29.7M	38.7M	27M
Total Non-Current Assets	2.43B	2.28B	2.36B	532.8M	602.9M	2.11B	2B	1.93B	1.87B	1.85B
Property, Plant & Equipment	396.5M	383M	378.8M	87.7M	64.4M	183.8M	180.3M	164M	157.6M	155.9M
Fixed Asset Turnover	4.67x	5.35x	1.87x	6.42x	14.14x	6.97x	8.49x	9.55x	10.76x	10.90x
Goodwill	1.28B	1.3B	1.3B	244.8M	254.1M	777M	796M	794.2M	795M	794.4M
Intangible Assets	577.5M	511.5M	511.5M	200.3M	179.1M	1.01B	952.4M	891.6M	835M	820.4M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	222.5M	82.6M	147.9M	0	105.3M	136M	70.5M	76.6M	80.1M	313M
Total Assets	3.42B▲ 0%	3.26B▼ 4.8%	3.26B▲ 0.0%	3.4B▲ 4.3%	1.08B▼ 68.3%	2.86B▲ 165.8%	2.67B▼ 6.9%	2.65B▼ 0.7%	2.68B▲ 1.2%	2.68B▲ 0%
Asset Turnover	0.54x	0.63x	0.22x	0.17x	0.85x	0.45x	0.57x	0.59x	0.63x	0.65x
Asset Growth %	-3.27%	-4.79%	0%	4.34%	-68.31%	165.75%	-6.88%	-0.69%	1.17%	2.3%
Total Current Liabilities	454.2M	397M	455.5M	317.5M	240.4M	289.3M	220.9M	247.8M	259.4M	258.5M
Accounts Payable	226M	191.7M	191.7M	41.3M	105.1M	116.9M	56.4M	71.7M	65.2M	99M
Days Payables Outstanding	72.04	55.26	180.57	48.72	71.34	52.27	23.33	30.45	24.04	31.22
Short-Term Debt	3.9M	1.2M	76.4M	15.7M	5.6M	5.5M	0	0	900K	1.4M
Deferred Revenue (Current)	3.2M	5.1M	7.3M	4M	0	0	0	0	0	0
Other Current Liabilities	221.1M	163.2M	146.9M	256.5M	97.8M	133.5M	132M	145.2M	151.3M	139.8M
Current Ratio	2.20x	2.48x	2.16x	2.86x	1.98x	2.62x	3.02x	2.91x	3.13x	3.13x
Quick Ratio	1.44x	1.68x	1.46x	2.43x	1.21x	1.35x	1.77x	1.81x	2.07x	2.07x
Cash Conversion Cycle	115.2	96.06	291.08	179.04	124.9	179.47	145.68	137	119.78	121
Total Non-Current Liabilities	1.76B	1.63B	1.63B	1.12B	710.9M	959.7M	843.3M	813.9M	816.7M	737M
Long-Term Debt	1.35B	1.24B	1.4B	1.19B	533.9M	529.8M	473.6M	475M	537.6M	497.6M
Capital Lease Obligations	0	0	0	0	8.9M	34.6M	58.1M	63.1M	42M	208.7M
Deferred Tax Liabilities	156.6M	125.9M	125.9M	119.4M	3.1M	221.4M	210M	196.5M	189.7M	750.3M
Other Non-Current Liabilities	255.3M	269M	339.9M	164.3M	165M	173.9M	101.6M	79.3M	47.4M	223.4M
Total Liabilities	2.21B	2.03B	2.03B	1.96B	951.3M	1.25B	1.06B	1.06B	1.08B	1.08B
Total Debt	1.36B	1.24B	1.49B	1.2B	554.5M	579.5M	543.2M	551.6M	580.5M	537.1M
Net Debt	1.16B	945.5M	912.8M	-62.3M	457.9M	454.7M	406.5M	353.6M	280M	263.6M
Debt / Equity	1.12x	1.01x	1.21x	0.84x	4.39x	0.36x	0.34x	0.35x	0.36x	0.36x
Debt / EBITDA	3.81x	3.11x	7.79x	8.14x	3.01x	3.59x	1.94x	1.66x	1.54x	1.45x
Net Debt / EBITDA	3.27x	2.38x	4.79x	-0.42x	2.48x	2.81x	1.46x	1.06x	0.74x	0.74x
Interest Coverage	3.49x	4.42x	1.41x	2.37x	2.51x	4.12x	4.81x	7.25x	9.96x	11.08x
Total Equity	1.21B▲ 0%	1.23B▲ 1.5%	1.23B▲ 0.0%	1.44B▲ 16.9%	126.4M▼ 91.2%	1.61B▲ 1177.7%	1.6B▼ 0.8%	1.59B▼ 1.0%	1.6B▲ 1.0%	1.61B▲ 0%
Equity Growth %	13.28%	1.5%	0%	16.92%	-91.22%	1177.69%	-0.76%	-1%	1.04%	3.27%
Book Value per Share	11.44	9.98	9.91	11.68	1.01	10.50	9.04	9.09	9.36	9.47
Total Shareholders' Equity	1.21B	1.23B	1.23B	1.44B	126.4M	1.61B	1.6B	1.59B	1.6B	1.61B
Common Stock	1M	1M	1M	1.2M	1.3M	1.8M	1.7M	1.7M	1.7M	1.7M
Retained Earnings	8M	30.7M	85.9M	116M	-1.24B	-1.16B	-1.18B	-1.17B	-1.13B	-1.12B
Treasury Stock	-	-	0	0	0	0	0	0	0	0
Accumulated OCI	-74.1M	-96.6M	-96.6M	0	-74.9M	-75M	-67.7M	-74.4M	-76.7M	-78.3M
Minority Interest	100K	2.4M	2.4M	3M	0	0	0	0	0	0

ZWS Cash Flow Statement

Zurn Elkay Water Solutions Corporation (ZWS) cash flow — operating, investing & free cash flow history

Line item	Mar'18	Mar'19	Mar'20	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	228.5M	258.1M	298.6M	196.3M	223.6M	97M	253.9M	293.5M	346.5M	346.5M
Operating CF Margin %	12.34%	12.58%	42.05%	34.89%	24.55%	7.57%	16.59%	18.74%	20.43%	-
Operating CF Growth %	17.12%	12.95%	15.69%	-34.26%	13.91%	-56.62%	161.75%	15.6%	18.06%	93.05%
Net Income	76M	34.3M	180.1M	118.2M	120.9M	61.7M	112.7M	160.2M	198M	213.3M
Depreciation & Amortization	89.7M	92.3M	86.6M	67M	77.5M	54.5M	87.9M	88.3M	88.7M	87M
Stock-Based Compensation	20.5M	22.6M	26.9M	36.6M	51.4M	25M	40M	37.9M	40.6M	41.8M
Deferred Taxes	-77.5M	-27.5M	-2.8M	-7M	-12.1M	500K	-4.2M	-14.8M	-4.6M	-1.2M
Other Non-Cash Items	125.7M	152.2M	38.9M	700K	10.3M	3.2M	-3.1M	12.3M	-2.5M	15.8M
Working Capital Changes	-5.9M	-15.8M	-31.1M	-19.2M	-24.4M	-47.9M	20.6M	9.6M	26.3M	-7M
Change in Receivables	-31M	-29.8M	-19.9M	65.1M	-66.6M	15.5M	10.1M	6.3M	18.4M	800K
Change in Inventory	11.5M	-24.7M	100K	500K	-79.5M	-17.6M	65M	2.7M	-100K	-10.4M
Change in Payables	13M	-1.3M	-3.7M	-65.1M	99.1M	-18.3M	-60.8M	15.8M	-6.8M	3.8M
Cash from Investing	-208.8M	-53.3M	-53.3M	-122.5M	-21.9M	-6.6M	-4.6M	-20.2M	-29.9M	-29M
Capital Expenditures	-40.7M	-44.9M	-44.9M	-28.3M	-23.3M	-7.6M	-21.3M	-21.8M	-29.9M	-29M
CapEx % of Revenue	2.2%	2.19%	6.32%	5.03%	2.56%	0.59%	1.39%	1.39%	1.76%	-
Acquisitions	-173.6M	-23.4M	-23.4M	-102M	-17.1M	-44.8M	0	0	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	5.5M	15M	15M	7.8M	18.5M	45.8M	16.7M	1.6M	0	0
Cash from Financing	-308.8M	-116.7M	114.9M	-409.6M	-356.2M	-61.1M	-239.2M	-207.5M	-217.3M	-194.4M
Debt Issued (Net)	-280.6M	-98.2M	214.4M	-330.4M	-576.7M	-5.7M	-64.9M	-800K	-800K	-900K
Equity Issued (Net)	-	-	-100.7M	-59.3M	-900K	-24.7M	-125.1M	-150.2M	-152M	-124.5M
Dividends Paid	-23.2M	-23.2M	-27.2M	-28.8M	-36.4M	-32.5M	-50.4M	-56.6M	-63.9M	-67.1M
Share Repurchases	0	0	-100.7M	-59.3M	-900K	-24.7M	-125.1M	-150.2M	-159.9M	-132.5M
Other Financing	-5M	4.7M	28.4M	8.9M	257.8M	1.8M	1.2M	100K	-600K	-1.9M
Net Change in Cash	-272.5M▲ 0%	74.9M▲ 127.5%	280.9M▲ 275.0%	-317.8M▼ 213.1%	-159M▲ 50.0%	28.2M▲ 117.7%	11.9M▼ 57.8%	61.3M▲ 415.1%	102.5M▲ 67.2%	128.8M▲ 0%
Free Cash Flow	187.8M▲ 0%	213.2M▲ 13.5%	257.2M▲ 20.6%	168M▼ 34.7%	200.3M▲ 19.2%	89.4M▼ 55.4%	232.6M▲ 160.2%	271.7M▲ 16.8%	316.6M▲ 16.5%	320.7M▲ 0%
FCF Margin %	10.14%	10.4%	36.22%	29.86%	21.99%	6.97%	15.2%	17.34%	18.67%	18.43%
FCF Growth %	33.57%	13.53%	20.64%	-34.68%	19.23%	-55.37%	160.18%	16.81%	16.53%	23.3%
FCF per Share	1.77	1.73	2.07	1.36	1.60	0.58	1.31	1.56	1.85	1.85
FCF Conversion (FCF/Net Income)	3.01x	7.52x	1.66x	1.66x	1.85x	1.57x	2.25x	1.83x	1.75x	1.50x
Interest Paid	-	-	0	0	0	0	0	0	0	0
Taxes Paid	-	-	0	0	0	0	0	0	0	0

ZWS Key Ratios

Zurn Elkay Water Solutions Corporation (ZWS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	6.65%	2.81%	14.63%	8.85%	15.44%	7.09%	7%	10.05%	12.41%	13.4%
Return on Invested Capital (ROIC)	8.77%	10.12%	3.39%	2.43%	5.07%	6.05%	7.04%	9.29%	11.32%	11.32%
Gross Margin	38.16%	38.27%	45.43%	45.02%	40.97%	36.32%	42.35%	45.13%	41.64%	43.69%
Net Margin	4.1%	1.67%	25.36%	21.01%	13.27%	4.81%	7.36%	10.23%	11.68%	12.26%
Debt / Equity	1.12x	1.01x	1.21x	0.84x	4.39x	0.36x	0.34x	0.35x	0.36x	0.36x
Interest Coverage	3.49x	4.42x	1.41x	2.37x	2.51x	4.12x	4.81x	7.25x	9.96x	11.08x
FCF Conversion	3.01x	7.52x	1.66x	1.66x	1.85x	1.57x	2.25x	1.83x	1.75x	1.50x
Revenue Growth	8.12%	10.76%	-65.38%	-20.76%	61.88%	40.72%	19.4%	2.35%	8.26%	10.03%

ZWS SEC Filings & Documents

Zurn Elkay Water Solutions Corporation (ZWS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 21, 2026·SEC

Material company update

Feb 20, 2026·SEC

Material company update

Feb 3, 2026·SEC

10-K Annual Reports

FY 2026

Feb 9, 2026·SEC

FY 2025

Feb 10, 2025·SEC

10-Q Quarterly Reports

FY 2026

Apr 21, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 29, 2025·SEC

ZWS Frequently Asked Questions

Zurn Elkay Water Solutions Corporation (ZWS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Zurn Elkay Water Solutions Corporation (ZWS) reported $1.74B in revenue for fiscal year 2025. This represents a 1377% increase from $117.8M in 1989.

Zurn Elkay Water Solutions Corporation (ZWS) grew revenue by 8.3% over the past year. This is steady growth.

Yes, Zurn Elkay Water Solutions Corporation (ZWS) is profitable, generating $213.3M in net income for fiscal year 2025 (11.7% net margin).

Dividend & Returns

Yes, Zurn Elkay Water Solutions Corporation (ZWS) pays a dividend with a yield of 0.73%. This makes it attractive for income-focused investors.

Zurn Elkay Water Solutions Corporation (ZWS) has a return on equity (ROE) of 12.4%. This is reasonable for most industries.

Zurn Elkay Water Solutions Corporation (ZWS) generated $320.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Zurn Elkay Water Solutions Corporation(ZWS)Earnings, Financials & Key Ratios

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