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.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.7B | $374M | $198M | $317M | 12.3% | 8.3% | 23.6% |
| 2024 | $1.6B | $328M | $160M | $272M | 10.1% | 2.4% | 42.1% |
| 2023 | $1.5B | $273M | $113M | $233M | 7.0% | 19.4% | 82.7% |
| 2022 | $1.3B | $165M | $62M | $89M | 3.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,281.80 | 1,530.50 | 1,566.50 | 1,695.90 |
| Operating Revenue | - | 1,281.80 | 1,530.50 | 1,566.50 | 1,695.90 |
| Cost Of Revenue | - | 816.30 | 882.40 | 859.50 | 931.10 |
| Gross Profit | - | 465.50 | 648.10 | 707 | 764.80 |
| Operating Expense | - | 343 | 430 | 448.90 | 476.30 |
| Selling General And Administration | - | 309 | 371.30 | 389.80 | 417.60 |
| Total Expenses | - | 1,159.30 | 1,312.40 | 1,308.40 | 1,407.40 |
| Operating Income | - | 122.50 | 218.10 | 258.10 | 288.50 |
| Total Operating Income As Reported | - | 107.10 | 191.40 | 244.60 | 278.90 |
| EBITDA | - | 165.20 | 273.20 | 328.40 | 373.60 |
| Normalized EBITDA | - | 180.60 | 300.80 | 341.90 | 383.20 |
| EBIT | - | 110.70 | 185.30 | 240.10 | 284.90 |
| Interest Expense | - | 26.90 | 38.50 | 33.10 | 28.60 |
| Net Interest Income | - | -26.90 | -38.50 | -33.10 | -28.60 |
| Other Non Operating Income Expenses | - | 3.60 | -5.20 | -4.50 | 6 |
| Other Income Expense | - | -11.80 | -32.80 | -18 | -3.60 |
| Interest Expense Non Operating | - | 26.90 | 38.50 | 33.10 | 28.60 |
| Net Non Operating Interest Income Expense | - | -26.90 | -38.50 | -33.10 | -28.60 |
| Pretax Income | - | 83.80 | 146.80 | 207 | 256.30 |
| Tax Provision | - | 26.80 | 42.60 | 48.10 | 63.90 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -4.93 | -8.01 | -3.13 | -2.39 |
| Net Income Continuous Operations | - | 57 | 104.20 | 158.90 | 192.40 |
| Net Income From Continuing And Discontinued Operation | - | 61.70 | 112.70 | 160.20 | 198 |
| Net Income From Continuing Operation Net Minority Interest | - | 57 | 104.20 | 158.90 | 192.40 |
| Net Income | - | 61.70 | 112.70 | 160.20 | 198 |
| Net Income Common Stockholders | - | 61.70 | 112.70 | 160.20 | 198 |
| Net Income Including Noncontrolling Interests | - | 61.70 | 112.70 | 160.20 | 198 |
| Normalized Income | - | 67.47 | 123.79 | 169.27 | 199.61 |
| Diluted NI Availto Com Stockholders | - | 61.70 | 112.70 | 160.20 | 198 |
| Basic Average Shares | - | 151.58 | 174.25 | 171.69 | 168.66 |
| Diluted Average Shares | - | 153.84 | 177.26 | 174.66 | 171.26 |
| Reconciled Depreciation | - | 54.50 | 87.90 | 88.30 | 88.70 |
| Reconciled Cost Of Revenue | - | 795.80 | 853.20 | 830.30 | 901.10 |
| Total Unusual Items | - | -15.40 | -27.60 | -13.50 | -9.60 |
| Total Unusual Items Excluding Goodwill | - | -15.40 | -27.60 | -13.50 | -9.60 |
| Net Income Discontinuous Operations | - | 4.70 | 8.50 | 1.30 | 5.60 |
| Special Income Charges | - | -15.40 | -27.60 | -13.50 | -9.60 |
| Gain On Sale Of Business | - | 0 | -11.40 | 0 | 0 |
| Other Special Charges | 20.40 | - | 0.90 | - | - |
| Restructuring And Mergern Acquisition | - | 15.40 | 15.30 | 13.50 | 9.60 |
| Depreciation Amortization Depletion Income Statement | - | 34 | 58.70 | 59.10 | 58.70 |
| Depreciation And Amortization In Income Statement | - | 34 | 58.70 | 59.10 | 58.70 |
| Amortization | - | 34 | 58.70 | 59.10 | 58.70 |
| Amortization Of Intangibles Income Statement | - | 34 | 58.70 | 59.10 | 58.70 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Zurn Elkay Water Solutions Corporationthis co. | ZWS | $7.9B | 40.15↑ premium | 4.96 | 12.3% | 21.96 |
| Builders FirstSource, Inc. | BLDR | $8.1B | 18.53 | 1.85 | 10.0% | 9.42 |
| Everus Construction Group, Inc. | ECG | $7.9B | 39.15 | 12.54 | 32.0% | 26.30 |
| A. O. Smith Corporation | AOS | $7.9B | 14.39 | 4.23 | 29.4% | 9.66 |
| Mercury Systems, Inc. |
| 2021 | - | - | - | - | - | - | - |
| MRCY |
| $7.1B |
| -186.64 |
| 4.80 |
| -2.6% |
| 113.93 |
| MYR Group Inc. | MYRG | $7.0B | 59.36 | 10.64 | 17.9% | 29.91 |
| Primoris Services Corporation | PRIM | $6.9B | 25.19 | 4.12 | 16.4% | 14.55 |
| Enpro Inc. | NPO | $6.7B | 165.58 | 4.34 | 2.6% | 37.34 |
| Pool Corporation | POOL | $6.7B | 16.43 | 5.63 | 34.3% | 12.83 |
| Peer Median | - | 21.86 | 4.57 | 17.1% | 20.42 | |
Historically, Jul has averaged the highest return (+10.6%); Dec the lowest (-3.6%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.8%Neutral MonthJan 2026: -0.82% | +10.6%Positive MonthFeb 2026: +10.56% | -12.0%Negative MonthMar 2026: -12.04% | +15.9%Positive MonthApr 2026: +15.88% | -9.5%Negative MonthMay 2026: -9.55% | +7.5%Positive MonthJun 2026: +7.51% | -0.0%Neutral MonthJul 2026: -0.04% | -1.8%*Neutral MonthAug 2026: -1.82% | — | — | — | — |
| 2025 | +5.7%Positive MonthJan 2025: +5.74% | -10.2%Negative MonthFeb 2025: -10.17% | -6.9%Negative MonthMar 2025: -6.92% | +3.0%Positive MonthApr 2025: +2.97% | +6.6%Positive MonthMay 2025: +6.57% | +1.1%Neutral MonthJun 2025: +1.05% | +21.0%Positive MonthJul 2025: +21.00% | +2.5%Positive MonthAug 2025: +2.51% | +3.7%Positive MonthSep 2025: +3.68% | +0.2%Neutral MonthOct 2025: +0.17% | +1.3%Neutral MonthNov 2025: +1.25% | -2.5%Negative MonthDec 2025: -2.54% |
| 2024 | +0.8%Neutral MonthJan 2024: +0.82% | +7.1%Positive MonthFeb 2024: +7.08% | +5.4%Positive MonthMar 2024: +5.42% | -6.5%Negative MonthApr 2024: -6.54% | +0.1%Neutral MonthMay 2024: +0.10% | -6.1%Negative MonthJun 2024: -6.10% | +10.4%Positive MonthJul 2024: +10.41% | -0.1%Neutral MonthAug 2024: -0.09% | +10.8%Positive MonthSep 2024: +10.82% | +0.4%Neutral MonthOct 2024: +0.45% | +10.3%Positive MonthNov 2024: +10.30% | -6.3%Negative MonthDec 2024: -6.33% |
| 2023 | +3.4%Positive MonthJan 2023: +3.36% | +5.2%Positive MonthFeb 2023: +5.22% | -7.1%Negative MonthMar 2023: -7.13% | +0.9%Neutral MonthApr 2023: +0.89% | +4.5%Positive MonthMay 2023: +4.45% | +19.5%Positive MonthJun 2023: +19.46% | +13.2%Positive MonthJul 2023: +13.20% | -2.7%Negative MonthAug 2023: -2.69% | -5.4%Negative MonthSep 2023: -5.40% | -5.6%Negative MonthOct 2023: -5.57% | +11.3%Positive MonthNov 2023: +11.26% | -0.1%Neutral MonthDec 2023: -0.10% |
| 2022 | -16.1%Negative MonthJan 2022: -16.10% | +6.5%Positive MonthFeb 2022: +6.48% | +8.9%Positive MonthMar 2022: +8.86% | -11.8%Negative MonthApr 2022: -11.81% | -7.7%Negative MonthMay 2022: -7.69% | -5.5%Negative MonthJun 2022: -5.48% | +6.3%Positive MonthJul 2022: +6.28% | -4.7%Negative MonthAug 2022: -4.73% | -11.2%Negative MonthSep 2022: -11.17% | -4.1%Negative MonthOct 2022: -4.12% | +3.1%Positive MonthNov 2022: +3.07% | -12.6%Negative MonthDec 2022: -12.64% |
| 2021 | — | — | — | — | +0.1%Neutral MonthMay 2021: +0.08% | +0.1%Neutral MonthJun 2021: +0.14% | +12.6%Positive MonthJul 2021: +12.57% | +7.9%Positive MonthAug 2021: +7.86% | +5.8%Positive MonthSep 2021: +5.81% | +17.2%Positive MonthOct 2021: +17.15% | -3.4%Negative MonthNov 2021: -3.39% | +3.9%Positive MonthDec 2021: +3.85% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.