Zurn Elkay Q3 net sales rise 9% to $495 million; diluted EPS $0.45 vs. $0.35
Zurn Elkay Water Solutions reported third-quarter 2026 net sales of $495.1 million, up 9% from $455.4 million a year earlier, with core sales up 7%. Net income from continuing operations rose to $76.1 million, or $0.45 per diluted share, from $59.6 million, or $0.35, and the company raised its annual dividend 18% to $0.52 per share.
Key points
- Adjusted EBITDA was $140.1 million, or 28.3% of net sales, versus $122.2 million, or 26.8%, a year earlier; adjusted EPS was $0.52 versus $0.43.
- Fourth-quarter outlook calls for net sales of $430 million to $437 million and adjusted EBITDA of $120 million to $123 million.
- Full-year free cash flow is expected to be greater than $350 million, excluding the net impact of tariff-related refunds.
- The company completed its acquisition of Intellihot, Inc. and repurchased $35 million of common stock, or 0.7 million shares, in the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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