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Zurn Elkay Water Solutions Corporation ZWS R2K

Industrials · Pollution & Treatment Controls · United States
https://www.zurnelkay.com

Zurn Elkay Water Solutions Corporation engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. It offers water dispensing and filtration products, such as filtered bottle filling stations, water fountains and water dispensers, and filtered faucets under the Elkay and Halsey Taylor brand names; filtered units including water filters; and water safety and control products, such as backflow preventers, fire system valves, pressure reducing valves, and thermostatic mixing valves under the Zurn and Wilkins brand names. The company also provides flow systems products comprising point drains, hydrants, fixture carrier systems, and chemical drainage systems; and oil and grease interceptors and separators, acid neutralization systems, and remote monitoring systems under the Zurn, Green Turtle, and Wade brands. In addition, it offers sensor operated flush valves under the Aquaflush, AquaSense, and AquaVantage brands; heavy-duty commercial faucets under the AquaSpec brand; flush valves and faucets under the Hydro X Power brands; water conserving fixtures under the EcoVantage and Zurn One brands; stainless steel, quartz, fireclay-ceramic, and cast iron sinks under the Elkay brand name; stainless steel sinks and plumbing fixtures under the Just brand; restroom partition systems and lockers under the Hadrian brand name; and hand dryers. Further, the company offers its products to institutional, commercial, waterworks, and residential end markets through independent sales representatives, plumbing wholesalers, and industry-specific distributors in the waterworks, foodservice, industrial, janitorial, sanitation, and sitework industries. The company was formerly known as Zurn Water Solutions Corporation and changed its name to Zurn Elkay Water Solutions Corporation in July 2022. Zurn Elkay Water Solutions Corporation was founded in 1900 and is headquartered in Milwaukee, Wisconsin.

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$47.00
+31.04% 1Y

Market & Price

Market Cap
$7.87B
Current Price
$47.00
High / Low (52W)
$52.67 / $34.90
Beta
0.86

Valuation

Stock P/E
38.21
Industry PE
28.38
Forward P/E
24.46
PEG Ratio
1.64
Book Value
$9.62
Price to Book
4.89
P/S
4.53
EV/EBITDA
20.72
Dividend Yield
0.94%

Profitability & Returns

ROCE
11.77%
ROE
13.33%
ROA
7.20%
Profit Margin
12.26%
Op Margin
19.12%
EPS (Latest Qtr)
$0.35
EPS (TTM)
$1.23

Balance Sheet & Liquidity

Debt/Equity
0.34
Quick Ratio
2.00
Current Ratio
3.24
Debt
$552.20M
Total Assets
$2.68B
Current Assets
$811.70M
Working Capital
$552.30M

Ownership

Promoter Holding
11.80%
Chg in Prom Hold
-
FII / Inst Holding
92.43%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$8.12B
Total Revenue (TTM)
$1.74B
EBITDA
$391.90M
Free Cash Flow
$276.22M
Operating Cash Flow
$349.70M
Shares Outstanding
166.87M
Gross Margin
45.38%
Payout Ratio
32.52%

Growth (CAGR)

Revenue 5Y
9.78%
Profit 5Y
47.50%
Revenue (YoY)
11.40%
Earnings (YoY)
37.20%

PROS

  • Profit CAGR of 47.5% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ZWS Zurn Elkay Water Solutions Corporation R2K 47.00 38.21 $7.87B 0.94% 11.77% 13.33% 9.78% 47.50%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----443.20M453.80M436.70M517.90M503.60M524.80M485.00M537.50M508.30M521.30M491.70M547.00M174.70M199.70M188.30M205.20M243.70M229.70M232.30M239.60M284.20M417.70M340.30M372.10M403.20M398.40M373.80M412.00M410.00M-388.80M444.50M455.40M407.20M433.00M
Cost of Revenue -----------------------------------207.80M242.20M254.70M226.40M227.20M
Gross Profit 167.80M165.40M174.00M153.00M175.60M164.10M173.60M170.10M198.70M195.50M203.20M184.30M201.80M201.60M208.20M191.70M216.50M79.90M92.50M80.90M88.40M103.80M95.80M85.20M101.90M113.80M140.40M109.40M148.80M173.50M169.90M170.10M186.30M189.40M-181.00M202.30M200.70M180.80M205.80M
Operating Expenses -----------------------------------115.90M122.80M121.40M116.20M122.80M
Operating Income -38.60M52.50M32.80M-57.20M68.10M64.40M-72.10M81.40M70.90M-80.20M88.50M77.60M88.00M66.00M72.40M-24.00M37.30M32.50M-43.90M53.50M-10.10M-43.70M54.80M60.10M53.20M71.90M70.20M-65.10M79.50M79.30M64.60M83.00M
EBITDA -----------------------------------86.10M97.70M108.00M81.80M104.10M
Interest Expense -----------------------------------7.30M7.70M7.10M6.50M6.20M
Pretax Income -----------------------------------56.10M67.90M79.10M53.20M76.90M
Tax Provision -----------------------------------15.10M17.80M19.50M11.50M18.00M
Net Income -400.00K18.90M24.60M3.20M27.40M26.50M29.80M81.60M-62.00M-700.00K-37.60M25.40M47.20M46.50M56.60M48.50M28.50M35.60M45.40M-50.00M73.20M64.10M-66.40M30.20M36.40M-19.10M14.20M22.80M34.60M41.40M34.30M46.00M43.50M-43.60M50.50M61.80M42.10M58.90M
Diluted EPS 0.000.180.240.020.210.200.230.67-0.51-0.06-0.300.210.380.380.460.390.230.290.370.300.400.590.51-0.520.240.28-0.110.080.130.200.240.190.270.25-0.260.290.350.240.35

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Mar 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -------1.71B1.85B2.05B710.10M710.10M746.10M-1.28B1.53B1.57B1.70B
Cost of Revenue --------------816.30M882.40M859.50M931.10M
Gross Profit 515.60M592.50M690.10M716.60M753.40M746.20M665.20M626.40M706.50M784.80M-322.60M338.20M-465.50M648.10M707.00M764.80M
Operating Expenses --------------343.00M430.00M448.90M476.30M
Operating Income 161.40M217.20M245.30M242.90M272.40M203.70M174.30M203.20M266.40M305.60M-104.10M107.70M-122.50M218.10M258.10M288.50M
EBITDA --------------165.20M273.20M328.40M373.60M
Interest Expense --------------26.90M38.50M33.10M28.60M
Pretax Income --------------83.80M146.80M207.00M256.30M
Tax Provision --------------26.80M42.60M48.10M63.90M
Net Income 88.10M-51.30M29.90M50.10M30.20M83.80M67.90M74.10M75.90M34.30M-180.10M146.70M-61.70M112.70M160.20M198.00M
Diluted EPS 1.27-0.770.420.500.300.800.660.640.620.28-1.451.19-0.400.640.921.15
R&D Expense -11.50M15.40M13.70M13.00M12.80M12.40M10.40M13.30M16.30M-16.20M------

Compounded Sales Growth

5 Years:9.78%
1 Year:11.40%

Compounded Profit Growth

5 Years:47.50%
1 Year:37.20%

Stock Price Performance

1 Year:+31.04%
6 Months:-1.68%
3 Months:-7.59%
1 Month:-7.41%

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --3.10B3.29B3.47B3.37B3.41B3.35B3.54B3.42B3.26B3.63B3.40B-2.86B2.67B2.65B2.68B
Current Assets --------------757.50M667.80M722.10M811.70M
Cash & Equivalents 287.90M391.00M391.00M298.00M524.10M339.00M370.30M484.60M490.10M193.20M292.50M573.40M62.30M-124.80M136.70M198.00M300.50M
Inventory --------------366.70M277.60M272.60M274.40M
Receivables --------------219.70M210.20M202.20M184.80M
Total Liabilities --3.19B3.37B3.05B2.82B2.86B2.77B2.47B2.21B2.03B2.31B1.96B-1.25B1.06B1.06B1.08B
Current Liabilities --497.80M468.60M608.20M449.50M433.00M404.40M400.30M454.20M397.00M455.50M317.50M-289.30M220.90M247.80M259.40M
Long Term Debt --2.21B2.41B1.96B1.94B1.92B1.90B1.61B1.35B1.24B1.40B1.12B-529.80M473.60M475.00M476.40M
Total Debt --------------579.50M543.20M551.60M553.20M
Total Equity ---88.20M-79.90M428.50M562.30M552.90M588.60M1.07B1.21B1.23B1.31B1.44B-1.61B1.60B1.59B1.60B
Shares Outstanding --------------176.88M172.26M170.31M166.98M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 155.50M164.50M139.30M144.50M190.80M245.90M219.00M195.10M228.50M258.10M298.60M320.20M-97.00M253.90M293.50M346.50M
Investing Cash Flow -22.00M-35.50M-324.20M-81.80M-163.80M-177.30M-45.20M-264.00M-208.80M-53.30M-123.10M-196.60M--6.60M-4.60M-20.20M-29.90M
Financing Cash Flow -161.50M-6.90M93.20M165.70M-210.30M-17.40M-56.30M79.90M-308.80M-116.70M114.90M-156.20M--61.10M-239.20M-207.50M-217.30M
Capital Expenditure -22.00M-37.60M-58.50M-60.10M-52.20M-48.80M-52.10M-50.80M-38.00M-42.50M-41.40M---7.60M-21.30M-21.80M-29.90M
Free Cash Flow 133.50M126.90M80.80M84.40M138.60M197.10M166.90M144.30M190.50M215.60M257.20M--89.40M232.60M271.70M316.60M
Net Change in Cash -------------29.30M10.10M65.80M99.30M
Share Buybacks -200.00K1.00M000040.00M000100.70M140.00M900.00K24.70M125.10M150.20M159.90M

Ratios (Annual)

Figures in %.

Metric Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Dec 2019Mar 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -------36.6%38.2%38.3%-45.4%45.3%-36.3%42.3%45.1%45.1%
Operating Margin % -------11.9%14.4%14.9%-14.7%14.4%-9.6%14.3%16.5%17.0%
Net Margin % -------4.3%4.1%1.7%-25.4%19.7%-4.8%7.4%10.2%11.7%
ROE % -58.2%-37.4%11.7%5.4%15.2%11.5%6.9%6.3%2.8%-13.7%10.2%-3.8%7.0%10.1%12.3%
ROCE % -8.3%8.7%8.5%9.3%6.8%5.9%6.5%9.0%10.7%-3.3%3.5%-4.8%8.9%10.8%11.9%

Shareholding Pattern

Insiders
11.80%
Institutions
92.43%
Public Float
104.79%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 14.40% 24.03M $1.13B
2 Kayne Anderson Rudnick Investment Management LLC 6.50% 10.85M $509.98M
3 Vanguard Portfolio Management LLC 5.31% 8.86M $416.25M
4 Vanguard Capital Management LLC 4.19% 6.99M $328.41M
5 State Street Corporation 3.38% 5.64M $264.91M
6 Bank of America Corporation 3.37% 5.62M $264.18M
7 Invesco Ltd. 2.76% 4.60M $216.37M
8 Geode Capital Management, LLC 2.18% 3.65M $171.37M
9 Beck, Mack & Oliver LLC 2.10% 3.50M $164.41M
10 Janus Henderson Group PLC 1.98% 3.30M $155.25M

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