Zurn Elkay Water Solutions Corp. (ZWS)

NYSE Industrials Industrial Machinery & Supplies & Components S&P SmallCap 600

$43.47

-0.38 (-0.87%)

Close of Nov 06, 2026 · end-of-day data

Source: Zurn Elkay Water Solutions Corp.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2019	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.85B	$2.05B	$710.10M	$710.10M	$746.10M	$910.90M	$1.28B	$1.53B	$1.57B	$1.70B
Cost of revenue	$1.15B	$1.27B	—	$387.50M	$407.90M	$537.70M	$816.30M	$882.40M	$859.50M	$931.10M
Gross profit	$706.50M	$784.80M	—	$322.60M	$338.20M	$373.20M	$465.50M	$648.10M	$707.00M	$764.80M
Research & development	$13.30M	$16.30M	—	$16.20M	—	—	—	—	—	—
Selling, general & admin	$393.80M	$433.10M	—	$196.40M	$206.10M	$239.00M	$309.00M	$371.30M	$389.80M	$417.60M
Operating income	$266.40M	$305.60M	—	$104.10M	$107.70M	$107.00M	$107.10M	$191.40M	$244.60M	$278.90M
Interest expense	$75.10M	$69.90M	—	$56.60M	$45.90M	$34.70M	$26.90M	$38.50M	$33.10M	$28.60M
Pre-tax income	$56.50M	$238.80M	—	$23.40M	$38.10M	$52.40M	$83.80M	$146.80M	$207.00M	$256.30M
Income tax	-$19.50M	$53.40M	—	$4.40M	$9.50M	$2.70M	$26.80M	$42.60M	$48.10M	$63.90M
Net income	$75.90M	$34.30M	—	$180.10M	$146.70M	$120.90M	$61.70M	$112.70M	$160.20M	$198.00M
EBITDA	$346.10M	$393.50M	—	$190.70M	$160.90M	$151.10M	$127.60M	$220.60M	$273.80M	$308.90M
EPS (basic)	$0.51	$0.11	—	$1.48	$1.21	$1.00	$0.41	$0.65	$0.93	$1.17
EPS (diluted)	$0.62	$0.28	—	$1.45	$1.19	$0.97	$0.40	$0.64	$0.92	$1.15
Diluted shares	121.98M	123.33M	—	114.27M	123.45M	125.11M	153.84M	177.26M	174.66M	171.26M
Gross margin	38.2%	38.3%	—	45.4%	45.3%	41.0%	36.3%	42.3%	45.1%	45.1%
Operating margin	14.4%	14.9%	—	14.7%	14.4%	11.7%	8.4%	12.5%	15.6%	16.4%
Net margin	4.1%	1.7%	—	25.4%	19.7%	13.3%	4.8%	7.4%	10.2%	11.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2019	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$193.20M	$292.50M	$277.00M	$573.40M	$62.30M	$96.60M	$124.80M	$136.70M	$198.00M	$300.50M
Receivables	$314.70M	$334.30M	$283.10M	$334.70M	$103.60M	$144.10M	$219.70M	$210.20M	$202.20M	$184.80M
Inventory	$304.10M	$316.50M	$349.30M	$317.50M	$136.10M	$184.50M	$366.70M	$277.60M	$272.60M	$274.40M
Total current assets	$997.70M	$982.90M	$968.60M	$1.26B	$907.70M	$474.80M	$757.50M	$667.80M	$722.10M	$811.70M
Goodwill	$1.28B	$1.30B	$1.31B	$200.50M	$244.80M	$254.10M	$777.00M	$796.00M	$794.20M	$795.00M
Total assets	$3.42B	$3.26B	$3.26B	$3.63B	$3.40B	$1.08B	$2.86B	$2.67B	$2.65B	$2.68B
Total current liabilities	$454.20M	$397.00M	$347.30M	$455.50M	$317.50M	$240.40M	$289.30M	$220.90M	$247.80M	$259.40M
Short-term debt	$3.90M	$1.20M	$1.40M	$76.40M	$300.00K	$5.60M	$5.70M	$900.00K	$800.00K	$900.00K
Long-term debt	$1.35B	$1.24B	$1.15B	$1.40B	$1.12B	$533.90M	$530.20M	$494.40M	$494.80M	$495.60M
Total debt	$1.36B	$1.24B	$1.15B	$1.47B	$1.12B	$539.50M	$535.90M	$495.30M	$495.60M	$496.50M
Total liabilities	$2.21B	$2.03B	$1.89B	$2.31B	$1.96B	$951.30M	$1.25B	$1.06B	$1.06B	$1.08B
Shareholders' equity	$1.21B	$1.23B	$1.37B	$1.31B	$1.44B	$126.40M	$1.61B	$1.60B	$1.59B	$1.60B

Cash flow

fiscal years · USD

Fiscal year	FY2018	FY2019	FY2019	FY2020	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$228.50M	$258.10M	—	$298.60M	$320.20M	$223.60M	$97.00M	$253.90M	$293.50M	$346.50M
Capital expenditures	$38.00M	$42.50M	—	$41.40M	—	—	—	—	—	—
Free cash flow	$190.50M	$215.60M	—	$257.20M	$320.20M	$223.60M	$97.00M	$253.90M	$293.50M	$346.50M
Investing cash flow	-$208.80M	-$53.30M	—	-$123.10M	-$196.60M	-$21.90M	-$6.60M	-$4.60M	-$20.20M	-$29.90M
Financing cash flow	-$308.80M	-$116.70M	—	$114.90M	-$156.20M	-$356.20M	-$61.10M	-$239.20M	-$207.50M	-$217.30M
Dividends paid	$0	$0	—	$9.80M	$38.60M	$36.40M	$32.50M	$50.40M	$56.60M	$63.90M
Share buybacks	$0	$0	—	$100.70M	$140.00M	$900.00K	$24.70M	$125.10M	$150.20M	$159.90M
Stock-based compensation	$20.50M	$22.60M	—	$26.90M	$44.80M	$51.40M	$25.00M	$40.00M	$37.90M	$40.60M
Depreciation & amortization	$79.70M	$87.90M	—	$86.60M	$53.20M	$44.10M	$20.50M	$29.20M	$29.20M	$30.00M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$356.80M	$373.80M	$412.00M	$410.00M	$370.70M	$388.80M	$444.50M	$455.40M	$407.20M	$433.00M	$491.00M	$495.10M
Cost of revenue	$200.90M	$203.70M	$225.70M	$220.60M	$209.50M	$207.80M	$242.20M	$254.70M	$226.40M	$227.20M	$202.70M	$249.30M
Gross profit	$155.90M	$170.10M	$186.30M	$189.40M	$161.20M	$181.00M	$202.30M	$200.70M	$180.80M	$205.80M	$288.30M	$245.80M
Selling, general & admin	$93.60M	$95.90M	$98.90M	$101.70M	$93.30M	$101.20M	$108.20M	$106.70M	$101.50M	$108.20M	$119.50M	$121.00M
Operating income	$32.80M	$53.20M	$71.90M	$70.20M	$49.30M	$63.40M	$77.60M	$77.50M	$60.40M	$82.10M	$152.30M	$108.20M
Interest expense	$8.70M	$8.80M	$8.50M	$8.30M	$7.50M	$7.30M	$7.70M	$7.10M	$6.50M	$6.20M	$6.10M	$6.30M
Pre-tax income	$21.30M	$43.00M	$61.80M	$60.40M	$41.80M	$56.10M	$67.90M	$79.10M	$53.20M	$76.90M	$150.10M	$102.60M
Income tax	$7.80M	$9.00M	$16.50M	$16.90M	$5.70M	$15.10M	$17.80M	$19.50M	$11.50M	$18.00M	$37.60M	$26.50M
Net income	$13.90M	$34.30M	$46.00M	$43.50M	$36.40M	$43.60M	$50.50M	$61.80M	$42.10M	$58.90M	$113.30M	$76.30M
EBITDA	$39.70M	$60.10M	$78.80M	$77.30M	$57.60M	$71.40M	$85.10M	$84.60M	$67.80M	$88.50M	$158.90M	$114.50M
EPS (basic)	$0.08	$0.20	$0.27	$0.25	$0.21	$0.26	$0.30	$0.36	$0.25	$0.35	$0.68	$0.46
EPS (diluted)	$0.08	$0.19	$0.27	$0.25	$0.21	$0.26	$0.29	$0.36	$0.24	$0.35	$0.67	$0.45
Diluted shares	-176.00K	175.68M	175.00M	173.03M	-313.00K	172.19M	170.08M	170.27M	31.00K	169.68M	168.78M	168.10M
Gross margin	43.7%	45.5%	45.2%	46.2%	43.5%	46.6%	45.5%	44.1%	44.4%	47.5%	58.7%	49.6%
Operating margin	9.2%	14.2%	17.5%	17.1%	13.3%	16.3%	17.5%	17.0%	14.8%	19.0%	31.0%	21.9%
Net margin	3.9%	9.2%	11.2%	10.6%	9.8%	11.2%	11.4%	13.6%	10.3%	13.6%	23.1%	15.4%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$136.70M	$157.10M	$162.70M	$187.90M	$198.00M	$144.70M	$201.90M	$260.10M	$300.50M	$273.50M	$365.00M	$307.10M
Receivables	$210.20M	$222.90M	$240.10M	$242.40M	$202.20M	$242.80M	$240.10M	$232.30M	$184.80M	$242.70M	$270.90M	$264.90M
Inventory	$277.60M	$286.60M	$276.20M	$278.60M	$272.60M	$280.60M	$275.80M	$273.20M	$274.40M	$292.30M	$287.30M	$280.80M
Total current assets	$667.80M	$696.50M	$723.20M	$755.10M	$722.10M	$697.40M	$754.00M	$800.70M	$811.70M	$836.50M	$953.10M	$884.10M
Goodwill	$796.00M	$794.30M	$795.10M	$796.50M	$794.20M	$794.40M	$795.60M	$794.40M	$795.00M	$794.40M	$793.20M	$848.60M
Total assets	$2.67B	$2.66B	$2.68B	$2.70B	$2.65B	$2.61B	$2.65B	$2.68B	$2.68B	$2.68B	$2.78B	$2.81B
Total current liabilities	$220.90M	$210.60M	$255.10M	$279.20M	$247.80M	$242.60M	$278.30M	$288.20M	$259.40M	$258.50M	$312.20M	$310.10M
Short-term debt	$900.00K	$900.00K	$900.00K	$900.00K	$800.00K	$800.00K	$800.00K	$900.00K	$900.00K	$1.40M	$1.40M	$1.70M
Long-term debt	$494.40M	$494.50M	$494.60M	$494.70M	$494.80M	$495.00M	$495.10M	$495.50M	$495.60M	$497.60M	$497.70M	$498.60M
Total debt	$495.30M	$495.40M	$495.50M	$495.60M	$495.60M	$495.80M	$495.90M	$496.40M	$496.50M	$499.00M	$499.10M	$500.30M
Total liabilities	$1.06B	$1.05B	$1.09B	$1.12B	$1.06B	$1.06B	$1.09B	$1.09B	$1.08B	$1.08B	$1.12B	$1.11B
Shareholders' equity	$1.60B	$1.61B	$1.59B	$1.59B	$1.59B	$1.55B	$1.56B	$1.59B	$1.60B	$1.61B	$1.66B	$1.69B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$58.20M	$53.90M	$85.10M	$90.90M	$63.60M	$42.90M	$110.60M	$101.30M	$91.70M	$46.10M	$162.30M	$112.20M
Free cash flow	$58.20M	$53.90M	$85.10M	$90.90M	$63.60M	$42.90M	$110.60M	$101.30M	$91.70M	$46.10M	$162.30M	$112.20M
Investing cash flow	$2.00M	-$2.10M	-$4.90M	-$4.10M	-$9.10M	-$4.30M	-$9.00M	-$7.40M	-$9.20M	-$3.40M	-$2.90M	-$117.10M
Financing cash flow	-$97.70M	-$30.90M	-$73.30M	-$61.60M	-$41.70M	-$92.10M	-$46.60M	-$35.40M	-$43.20M	-$69.20M	-$67.30M	-$52.80M
Dividends paid	$13.80M	$13.90M	$13.80M	$13.60M	$15.30M	$15.20M	$15.10M	$15.10M	$18.50M	$18.40M	$18.40M	$18.20M
Share buybacks	$24.90M	$18.90M	$61.00M	$50.00M	$20.30M	$77.40M	$32.50M	$25.00M	$25.00M	$50.00M	$49.60M	$35.10M
Stock-based compensation	$9.50M	$10.00M	$9.40M	$9.80M	$8.70M	$10.50M	$9.00M	$9.60M	$11.50M	$11.70M	$9.20M	$10.60M
Depreciation & amortization	$6.90M	$6.90M	$6.90M	$7.10M	$8.30M	$8.00M	$7.50M	$7.10M	$7.40M	$6.40M	$6.60M	$6.30M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.