Zurn Elkay Water Solutions Corp (ZWS) Financial Statements
Industry: General Industrial Machinery & Equipment
In fiscal 2025, Zurn Elkay Water Solutions reported revenue of $1.70B, up 8.3% from $1.57B the year before. Net income was $198.0M (a 11.7% net margin), or $1.15 per diluted share. Gross margin was 45.1% and operating margin was 16.4%. Operating activities generated $346.5M of cash. At fiscal year end, Zurn Elkay Water Solutions held $2.68B in total assets against $1.08B in total liabilities, including $300.5M of cash and equivalents.
Open the full interactive Zurn Elkay Water Solutions financials → Quarterly statements, key ratios, valuation history and price charts.
Zurn Elkay Water Solutions Key Stats
| Share Price | $47.19 |
|---|---|
| Market Cap | $7.96B |
| P/E Ratio | 41.0 |
| Revenue YoY Growth | +8.3% |
| 52-Week Range | $43.50 – $53.06 |
| Shares Outstanding | 167.1 million (basic, 2026 Q2) |
Zurn Elkay Water Solutions Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.07B | $910.9M | $1.28B | $1.53B | $1.57B | $1.70B |
| Cost of Goods Sold | $1.25B | $537.7M | $816.3M | $882.4M | $859.5M | $931.1M |
| Gross Profit | $818.0M | $373.2M | $465.5M | $648.1M | $707.0M | $764.8M |
| Operating Income | $334.3M | $107.0M | $107.1M | $191.4M | $244.6M | $278.9M |
| Pre-Tax Income | $236.3M | $52.4M | $83.8M | $146.8M | $207.0M | $256.3M |
| Income Tax | $54.1M | $2.7M | $26.8M | $42.6M | $48.1M | $63.9M |
| Net Income | $180.1M | $120.9M | $61.7M | $112.7M | $160.2M | $198.0M |
| Diluted EPS | $1.45 | $0.97 | $0.40 | $0.64 | $0.92 | $1.15 |
Zurn Elkay Water Solutions Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $455.4M | $407.2M | $433.0M | $491.0M |
| Net Income | $61.8M | $42.1M | $58.9M | $113.3M |
| Diluted EPS | $0.36 | $0.25 | $0.35 | $0.67 |
Zurn Elkay Water Solutions Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $573.4M | $96.6M | $124.8M | $136.7M | $198.0M | $300.5M |
| Current Assets | $1.26B | $474.8M | $757.5M | $667.8M | $722.1M | $811.7M |
| Total Assets | $3.63B | $1.08B | $2.86B | $2.67B | $2.65B | $2.68B |
| Current Liabilities | $455.5M | $240.4M | $289.3M | $220.9M | $247.8M | $259.4M |
| Total Long-Term Debt | $1.47B | $539.5M | $535.9M | $495.3M | $495.6M | $496.5M |
| Total Liabilities | $2.31B | $951.3M | $1.25B | $1.06B | $1.06B | $1.08B |
| Shareholders' Equity | $1.31B | $126.4M | $1.61B | $1.60B | $1.59B | $1.60B |
Zurn Elkay Water Solutions Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $298.6M | $223.6M | $97.0M | $253.9M | $293.5M | $346.5M |
| Cash From Investing | -$123.1M | -$21.9M | -$6.6M | -$4.6M | -$20.2M | -$29.9M |
| Cash From Financing | $114.9M | -$356.2M | -$61.1M | -$239.2M | -$207.5M | -$217.3M |
| Free Cash Flow | $257.2M | — | — | — | — | — |
Figures from Zurn Elkay Water Solutions' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Zurn Elkay Water Solutions financials page for every line item.
Zurn Elkay Water Solutions Company Profile
| Ticker | ZWS |
|---|---|
| Exchange | NYSE |
| Industry | General Industrial Machinery & Equipment |
| Headquarters | Milwaukee, Wisconsin |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001439288 |
Frequently Asked Questions
What was Zurn Elkay Water Solutions' revenue in fiscal 2025?
Zurn Elkay Water Solutions (ZWS) reported revenue of $1.70B for fiscal 2025.
What is Zurn Elkay Water Solutions' annual revenue history?
Zurn Elkay Water Solutions' annual revenue by fiscal year: 2020: $2.07B; 2021: $910.9M; 2022: $1.28B; 2023: $1.53B; 2024: $1.57B; 2025: $1.70B.
What was Zurn Elkay Water Solutions' net income in fiscal 2025?
Zurn Elkay Water Solutions reported net income of $198.0M for fiscal 2025.
What was Zurn Elkay Water Solutions' earnings per share (EPS) in fiscal 2025?
Zurn Elkay Water Solutions' diluted EPS was $1.15 for fiscal 2025 (adjusted for any later stock splits).
What was Zurn Elkay Water Solutions' revenue last quarter?
In its most recent reported quarter (2026 Q2), Zurn Elkay Water Solutions reported revenue of $491.0M.
How much debt does Zurn Elkay Water Solutions have?
Zurn Elkay Water Solutions reported $496.5M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Zurn Elkay Water Solutions are outstanding?
Zurn Elkay Water Solutions reported a weighted average of 167.1 million basic shares outstanding in 2026 Q2.
What is Zurn Elkay Water Solutions' market cap?
Based on its latest closing price, Zurn Elkay Water Solutions (ZWS) has a market capitalization of about $7.96B.
When does Zurn Elkay Water Solutions' fiscal year end?
Zurn Elkay Water Solutions' fiscal year end, as registered with the SEC, is December 31.
Where is Zurn Elkay Water Solutions headquartered?
Zurn Elkay Water Solutions lists its business address in Milwaukee, Wisconsin in its SEC filings.