Zurn Elkay Water Solutions (ZWS) Financials

$36.20 -0.72 (-1.96%)

Closing price 05/28/2025 03:59 PM Eastern

Extended Trading

$36.24 +0.04 (+0.12%)

As of 05/28/2025 04:10 PM Eastern

Annual Income Statements for Zurn Elkay Water Solutions

This table shows Zurn Elkay Water Solutions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Net Income / (Loss) Attributable to Common Shareholders	160	113	62	121	147	11	53	67	68	84
Consolidated Net Income / (Loss)	160	113	62	121	147	34	76	74	68	84
Net Income / (Loss) Continuing Operations	159	104	57	50	29	189	207	92	69	92
Total Pre-Tax Income	207	147	84	52	38	239	187	107	86	109
Total Operating Income	245	191	107	107	108	306	266	203	174	204
Total Gross Profit	707	648	466	373	338	785	707	626	665	746
Total Revenue	1,567	1,531	1,282	911	746	2,051	1,852	1,713	1,924	2,050
Operating Revenue	1,567	1,531	1,282	911	746	2,051	1,852	1,713	1,924	2,050
Total Cost of Revenue	860	882	816	538	408	1,266	1,145	1,086	1,259	1,304
Operating Cost of Revenue	860	882	816	538	408	1,266	1,145	1,086	1,259	1,304
Total Operating Expenses	462	457	358	266	231	479	440	423	491	543
Selling, General & Admin Expense	390	371	309	239	206	433	394	356	386	415
Amortization Expense	59	59	34	24	22	34	32	41	57	55
Other Operating Expenses / (Income)	0.00	11	0.00	0.00	-	-	-	-	13	59
Restructuring Charge	14	15	15	3.70	2.00	12	14	26	35	13
Total Other Income / (Expense), net	-38	-45	-23	-55	-70	-67	-79	-96	-88	-95
Interest Expense	33	39	27	55	46	66	87	96	91	88
Interest & Investment Income	1.40	2.00	1.90	-	-21	0.40	3.30	-	-	-
Other Income / (Expense), net	-5.90	-7.20	1.70	0.50	-2.50	-1.60	4.40	0.20	3.10	-7.20
Income Tax Expense	48	43	27	2.70	9.50	53	-20	16	17	17
Net Income / (Loss) Discontinued Operations	1.30	8.50	4.70	71	118	-155	-131	-18	-1.40	-8.00
Basic Earnings per Share	$0.93	$0.65	$0.41	$1.00	$1.21	$0.11	$0.51	$0.65	$0.67	$0.82
Weighted Average Basic Shares Outstanding	171.69M	174.25M	151.58M	121.49M	120.76M	104.64M	103.89M	102.75M	100.84M	101.53M
Diluted Earnings per Share	$0.92	$0.64	$0.40	$0.97	$1.19	$0.28	$0.62	$0.64	$0.66	$0.80
Weighted Average Diluted Shares Outstanding	174.66M	177.26M	153.84M	125.11M	123.45M	123.33M	121.98M	104.78M	103.31M	104.73M
Weighted Average Basic & Diluted Shares Outstanding	170.06M	172.00M	176.07M	125.78M	119.73M	100.90M	103.30M	102.80M	101.30M	102.20M
Cash Dividends to Common per Share	$0.33	$0.29	$0.20	$0.30	$0.08	-	-	-	-	-

This table shows Zurn Elkay Water Solutions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	44	36	44	46	34	14	41	35	23	14	-19
Consolidated Net Income / (Loss)	44	36	44	46	34	14	41	35	23	14	-19
Net Income / (Loss) Continuing Operations	41	36	44	45	34	14	35	33	23	10	-19
Total Pre-Tax Income	56	42	60	62	43	21	48	46	32	14	-18
Total Operating Income	63	49	70	72	53	33	60	55	44	20	-10
Total Gross Profit	181	161	189	186	170	156	170	174	149	109	140
Total Revenue	389	371	410	412	374	357	398	403	372	340	418
Operating Revenue	389	371	410	412	374	357	398	403	372	340	418
Total Cost of Revenue	208	210	221	226	204	201	229	230	223	231	277
Operating Cost of Revenue	208	210	221	226	204	201	229	230	223	231	277
Total Operating Expenses	118	112	119	114	117	123	110	119	105	90	151
Selling, General & Admin Expense	101	93	102	99	96	94	93	96	89	72	124
Amortization Expense	15	15	15	15	15	15	15	15	15	15	15
Restructuring Charge	1.70	3.80	2.70	0.70	6.30	3.40	2.20	7.80	1.90	2.30	12
Total Other Income / (Expense), net	-7.30	-7.50	-9.80	-10	-10	-12	-12	-8.70	-12	-5.60	-7.40
Interest Expense	7.30	7.50	8.30	8.50	8.80	9.60	9.90	10	9.60	8.90	8.00
Other Income / (Expense), net	0.00	-1.40	-1.50	-1.60	-1.40	-3.90	-2.50	1.60	-2.40	1.40	0.60
Income Tax Expense	15	5.70	17	17	9.00	7.80	13	13	9.10	3.90	1.60
Net Income / (Loss) Discontinued Operations	2.60	0.30	0.00	0.70	0.30	0.40	6.20	1.70	0.20	3.90	0.00
Basic Earnings per Share	$0.26	$0.21	$0.25	$0.27	$0.20	$0.08	$0.24	$0.20	$0.13	($0.01)	($0.11)
Weighted Average Basic Shares Outstanding	170.35M	171.69M	170.55M	172.63M	173.01M	174.25M	173.28M	174.26M	176.42M	151.58M	174.87M
Diluted Earnings per Share	$0.26	$0.21	$0.25	$0.27	$0.19	$0.07	$0.24	$0.20	$0.13	($0.01)	($0.11)
Weighted Average Diluted Shares Outstanding	172.19M	174.66M	173.03M	175.00M	175.68M	177.26M	176.14M	176.48M	178.39M	153.84M	174.87M
Weighted Average Basic & Diluted Shares Outstanding	168.25M	170.06M	169.71M	170.93M	172.70M	172.00M	172.81M	172.95M	174.52M	176.07M	177.79M
Cash Dividends to Common per Share	$0.09	-	$0.08	$0.08	$0.08	-	$0.07	$0.07	$0.07	-	$0.07

This table details how cash moves in and out of Zurn Elkay Water Solutions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Net Change in Cash & Equivalents	61	12	28	-159	-21	75	-273	5.50	114	31
Net Cash From Operating Activities	294	254	97	224	320	258	229	195	219	246
Net Cash From Continuing Operating Activities	294	251	97	224	320	258	229	195	219	246
Net Income / (Loss) Continuing Operations	160	113	62	121	147	34	76	74	68	84
Consolidated Net Income / (Loss)	160	113	62	121	147	34	76	74	68	84
Depreciation Expense	29	29	21	44	53	58	56	63	58	57
Amortization Expense	59	59	34	33	36	34	36	45	59	57
Non-Cash Adjustments To Reconcile Net Income	50	34	28	62	84	175	144	19	50	69
Changes in Operating Assets and Liabilities, net	-5.20	16	-47	-37	0.30	-43	-83	-6.10	-16	-21
Net Cash From Investing Activities	-20	-4.60	-6.60	-22	-197	-53	-209	-264	-45	-177
Net Cash From Continuing Investing Activities	-20	-4.60	-6.60	-22	-197	-53	-209	-264	-45	-177
Purchase of Property, Plant & Equipment	-22	-21	-7.60	-23	-44	-45	-41	-55	-52	-49
Acquisitions	0.00	0.00	-45	-17	-161	-23	-174	-214	1.10	-138
Sale of Property, Plant & Equipment	1.60	7.70	1.30	14	9.00	4.70	5.50	4.20	5.80	0.50
Divestitures	0.00	0.00	35	4.20	0.00	9.00	0.00	0.00	-	9.20
Other Investing Activities, net	0.00	9.00	9.50	0.00	0.00	-	-	-	-	-
Net Cash From Financing Activities	-208	-239	-61	-356	-156	-117	-309	80	-56	-17
Net Cash From Continuing Financing Activities	-208	-239	-61	-356	-156	-117	-309	80	-56	-17
Repayment of Debt	-0.80	-78	-108	-1,156	-337	-369	-1,827	-1,917	-26	-36
Repurchase of Common Equity	-150	-125	-25	-0.90	-140	0.00	0.00	-	-40	0.00
Payment of Dividends	-57	-50	-33	-36	-39	-23	-23	-4.40	0.00	0.00
Issuance of Debt	0.00	13	102	550	331	271	1,536	1,606	0.90	12
Other Financing Activities, net	0.10	1.20	1.80	-200	28	4.70	6.00	5.30	9.10	6.90
Effect of Exchange Rate Changes	-4.50	1.80	-1.10	-4.50	11	-13	17	-5.50	-3.20	-20

This table details how cash moves in and out of Zurn Elkay Water Solutions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-53	10	25	5.60	20	-36	70	28	-50	53	-39
Net Cash From Operating Activities	43	64	91	85	54	58	104	87	5.00	84	25
Net Cash From Continuing Operating Activities	43	64	91	85	54	56	104	87	5.00	84	25
Net Income / (Loss) Continuing Operations	44	36	44	46	34	14	41	35	23	14	-19
Consolidated Net Income / (Loss)	44	36	44	46	34	14	41	35	23	14	-19
Depreciation Expense	8.00	8.30	7.10	6.90	6.90	6.90	7.00	7.20	8.10	8.70	7.10
Amortization Expense	15	15	15	15	15	15	15	15	15	15	15
Non-Cash Adjustments To Reconcile Net Income	10	12	11	11	17	-0.40	12	13	11	7.10	11
Changes in Operating Assets and Liabilities, net	-34	-7.60	14	6.80	-19	21	29	18	-51	40	11
Net Cash From Investing Activities	-4.30	-9.10	-4.10	-4.90	-2.10	2.00	-4.80	3.40	-5.20	6.20	-48
Net Cash From Continuing Investing Activities	-4.30	-9.10	-4.10	-4.90	-2.10	2.00	-4.80	3.40	-5.20	6.20	-48
Purchase of Property, Plant & Equipment	-4.30	-9.10	-4.10	-4.90	-3.70	-5.40	-4.80	-5.90	-5.20	-3.30	-2.30
Sale of Property, Plant & Equipment	0.00	-	-	-	1.60	7.40	-	0.30	0.00	-	-
Net Cash From Financing Activities	-92	-42	-62	-73	-31	-98	-28	-63	-50	-38	-14
Net Cash From Continuing Financing Activities	-92	-42	-62	-73	-31	-98	-28	-63	-50	-38	-14
Repayment of Debt	-0.20	-0.20	-0.20	-0.20	-0.20	-60	-1.60	-1.50	-15	-18	-76
Repurchase of Common Equity	-77	-20	-50	-61	-19	-25	-13	-50	-37	-25	-
Payment of Dividends	-15	-15	-14	-14	-14	-14	-12	-12	-12	-12	-13
Other Financing Activities, net	0.70	-5.90	2.20	1.70	2.10	1.20	-1.20	0.60	0.60	0.40	0.10
Effect of Exchange Rate Changes	0.20	-2.70	-	-1.30	-0.50	1.10	-0.60	0.80	0.50	0.30	-1.10

This table presents Zurn Elkay Water Solutions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Total Assets	2,649	2,667	2,864	1,078	3,401	3,260	3,424	3,539	3,355	3,409
Total Current Assets	722	668	758	475	908	983	998	1,178	1,176	1,128
Cash & Equivalents	198	137	125	97	62	293	193	490	485	370
Accounts Receivable	202	210	220	144	104	334	315	323	318	336
Inventories, net	273	278	367	185	136	317	304	315	327	368
Current Deferred & Refundable Income Taxes	20	17	18	33	8.50	-	18	11	-	-
Other Current Assets	30	26	28	17	11	40	38	39	47	54
Plant, Property, & Equipment, net	164	180	184	64	70	383	397	401	397	418
Total Noncurrent Assets	1,762	1,819	1,923	539	2,424	1,894	2,030	1,960	1,782	1,864
Goodwill	794	796	777	254	245	1,300	1,276	1,318	1,194	1,202
Intangible Assets	892	952	1,010	179	200	512	531	559	521	588
Other Noncurrent Operating Assets	77	71	64	39	38	83	114	84	67	39
Total Liabilities & Shareholders' Equity	2,649	2,667	2,864	1,078	3,401	3,260	3,424	3,539	3,355	3,409
Total Liabilities	1,062	1,064	1,249	951	1,962	2,029	2,211	2,469	2,767	2,857
Total Current Liabilities	248	221	289	240	318	397	454	400	404	433
Short-Term Debt	0.80	0.90	5.70	5.60	0.30	1.20	3.90	17	20	24
Accounts Payable	72	56	117	105	41	192	190	198	201	234
Current Employee Benefit Liabilities	39	32	21	23	15	67	68	59	59	59
Other Current Liabilities	136	132	146	106	61	137	127	127	124	116
Total Noncurrent Liabilities	814	843	960	711	1,644	1,632	1,757	2,068	2,362	2,424
Long-Term Debt	495	494	530	534	1,118	1,237	1,352	1,606	1,900	1,916
Noncurrent Deferred & Payable Income Tax Liabilities	197	210	221	3.10	8.00	126	149	209	186	203
Noncurrent Employee Benefit Liabilities	14	37	51	57	80	158	163	174	196	203
Other Noncurrent Operating Liabilities	109	102	79	51	32	111	78	79	81	67
Total Equity & Noncontrolling Interests	1,587	1,603	1,615	126	1,439	1,231	1,213	1,071	588	553
Total Preferred & Common Equity	1,587	1,603	1,615	126	1,436	1,229	1,213	1,071	589	553
Total Common Equity	1,587	1,603	1,615	126	1,436	1,229	1,213	1,071	589	553
Common Stock	2,830	2,849	2,855	1,438	1,394	1,295	1,279	1,263	857	887
Retained Earnings	-1,169	-1,178	-1,165	-1,237	116	31	8.00	-56	-130	-198
Accumulated Other Comprehensive Income / (Loss)	-74	-68	-75	-75	-74	-97	-74	-137	-139	-130

This table presents Zurn Elkay Water Solutions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	2,608	2,705	2,682	2,664	2,813	2,802	2,810	2,927
Total Current Assets	697	755	723	697	721	689	682	801
Cash & Equivalents	145	188	163	157	173	103	75	72
Accounts Receivable	243	242	240	223	234	243	223	269
Inventories, net	281	279	276	287	284	314	349	400
Current Deferred & Refundable Income Taxes	4.90	5.00	0.70	7.60	4.00	4.20	10	25
Other Current Assets	24	41	44	22	26	25	25	35
Plant, Property, & Equipment, net	161	165	169	172	189	193	202	203
Total Noncurrent Assets	1,750	1,784	1,790	1,796	1,903	1,921	1,927	1,924
Goodwill	794	797	795	794	795	796	791	755
Intangible Assets	877	908	922	937	966	981	995	1,019
Other Noncurrent Operating Assets	79	79	72	65	69	71	69	84
Total Liabilities & Shareholders' Equity	2,608	2,705	2,682	2,664	2,813	2,802	2,810	2,927
Total Liabilities	1,060	1,118	1,087	1,050	1,201	1,213	1,211	1,308
Total Current Liabilities	243	279	255	211	230	232	230	329
Short-Term Debt	0.80	0.90	0.90	0.90	6.30	6.30	6.30	5.70
Accounts Payable	95	95	78	70	61	67	84	145
Current Employee Benefit Liabilities	23	34	28	17	27	22	11	29
Other Current Liabilities	124	149	149	123	136	136	128	150
Total Noncurrent Liabilities	818	839	832	840	972	982	981	980
Long-Term Debt	495	495	495	495	548	549	550	531
Noncurrent Deferred & Payable Income Tax Liabilities	195	193	197	209	206	211	217	230
Noncurrent Employee Benefit Liabilities	14	39	38	37	53	52	51	59
Other Noncurrent Operating Liabilities	114	112	102	99	86	91	83	94
Total Equity & Noncontrolling Interests	1,548	1,587	1,594	1,614	1,612	1,589	1,600	1,619
Total Preferred & Common Equity	1,548	1,587	1,594	1,614	1,612	1,589	1,600	1,619
Total Common Equity	1,548	1,587	1,594	1,614	1,612	1,589	1,600	1,619
Common Stock	2,826	2,843	2,844	2,847	2,852	2,855	2,854	2,852
Retained Earnings	-1,203	-1,185	-1,178	-1,163	-1,167	-1,195	-1,179	-1,154
Accumulated Other Comprehensive Income / (Loss)	-75	-71	-72	-70	-74	-72	-75	-79

This table displays calculated financial ratios and metrics derived from Zurn Elkay Water Solutions' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	3/31/2019	3/31/2018	3/31/2017	3/31/2016	3/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.35%	19.40%	40.72%	22.09%	-63.62%	10.76%	8.12%	-10.98%	-6.17%	0.78%
EBITDA Growth	20.18%	66.63%	-11.73%	-4.88%	-50.92%	9.35%	16.45%	5.56%	-5.15%	-15.27%
EBIT Growth	29.59%	69.30%	1.21%	2.19%	-65.39%	12.26%	33.14%	14.66%	-9.72%	-23.63%
NOPAT Growth	38.21%	86.49%	-28.22%	25.53%	-65.93%	-19.34%	69.39%	24.36%	-18.90%	-62.07%
Net Income Growth	42.15%	82.66%	-48.97%	-17.59%	327.70%	-54.87%	2.56%	9.78%	-19.45%	183.11%
EPS Growth	43.75%	60.00%	-58.76%	-18.49%	325.00%	-54.84%	-3.13%	-3.03%	-17.50%	166.67%
Operating Cash Flow Growth	15.60%	161.75%	-56.62%	-30.17%	24.06%	12.95%	17.12%	-10.91%	-10.94%	28.88%
Free Cash Flow Firm Growth	32.01%	114.49%	-1,391.16%	-93.63%	508.53%	-1.85%	4,761.33%	-102.53%	5.04%	-37.06%
Invested Capital Growth	-3.93%	-3.19%	255.89%	-0.99%	-73.58%	-1.77%	0.57%	8.88%	-4.66%	-2.52%
Revenue Q/Q Growth	0.90%	1.09%	9.20%	1,501.38%	-63.20%	0.96%	13.48%	-10.21%	-1.33%	-0.17%
EBITDA Q/Q Growth	6.00%	1.42%	15.65%	177.36%	-49.91%	-1.25%	-1.74%	22.52%	-3.60%	-8.78%
EBIT Q/Q Growth	7.67%	3.25%	6.46%	518.29%	-64.95%	-0.65%	-1.63%	41.94%	-6.09%	-14.12%
NOPAT Q/Q Growth	12.63%	5.33%	-14.39%	682.25%	-65.00%	-1.96%	5.06%	10.72%	-29.47%	8.48%
Net Income Q/Q Growth	16.34%	-0.27%	426.46%	-46.07%	-6.62%	145.79%	-54.02%	60.74%	-32.70%	-8.42%
EPS Q/Q Growth	17.95%	14.29%	433.33%	-46.11%	-9.85%	144.44%	-52.31%	45.45%	-31.25%	-13.04%
Operating Cash Flow Q/Q Growth	1.87%	-9.35%	1,110.42%	-31.89%	-8.64%	2.46%	17.24%	2.20%	-4.41%	-7.00%
Free Cash Flow Firm Q/Q Growth	-0.17%	-8.83%	-483.06%	197.68%	959.70%	-28.93%	89.68%	-675.42%	-11.65%	-9.89%
Invested Capital Q/Q Growth	-0.52%	-1.57%	-2.76%	-75.88%	-74.64%	-0.86%	-5.41%	-0.35%	-1.54%	-0.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	45.13%	42.35%	36.32%	40.97%	45.33%	38.27%	38.16%	36.58%	34.58%	36.40%
EBITDA Margin	20.87%	17.78%	12.74%	20.31%	26.07%	19.32%	19.57%	18.17%	15.32%	15.16%
Operating Margin	15.61%	12.51%	8.36%	11.75%	14.44%	14.90%	14.39%	11.87%	9.06%	9.94%
EBIT Margin	15.24%	12.04%	8.49%	11.80%	14.10%	14.82%	14.63%	11.88%	9.22%	9.58%
Profit (Net Income) Margin	10.23%	7.36%	4.81%	13.27%	19.66%	1.67%	4.10%	4.33%	3.51%	4.09%
Tax Burden Percent	77.39%	76.77%	73.63%	230.73%	385.04%	14.36%	40.62%	69.06%	78.49%	77.16%
Interest Burden Percent	86.72%	79.70%	77.02%	48.74%	36.22%	78.55%	69.09%	52.75%	48.48%	55.27%
Effective Tax Rate	23.24%	29.02%	31.98%	5.15%	24.93%	22.36%	-10.42%	14.54%	19.88%	15.47%
Return on Invested Capital (ROIC)	9.76%	6.81%	5.61%	17.74%	5.88%	10.80%	13.31%	8.22%	6.74%	8.01%
ROIC Less NNEP Spread (ROIC-NNEP)	1.36%	0.80%	3.00%	8.52%	168.08%	-10.03%	-7.12%	0.46%	1.94%	2.46%
Return on Net Nonoperating Assets (RNNOA)	0.28%	0.19%	1.47%	-2.29%	5.11%	-8.00%	-6.66%	0.72%	5.10%	7.02%
Return on Equity (ROE)	10.05%	7.00%	7.09%	15.44%	10.99%	2.81%	6.66%	8.94%	11.83%	15.03%
Cash Return on Invested Capital (CROIC)	13.77%	10.06%	-106.65%	18.73%	122.29%	12.59%	12.75%	-0.29%	11.51%	10.56%
Operating Return on Assets (OROA)	8.98%	6.66%	5.52%	4.80%	3.16%	9.10%	7.78%	5.90%	5.25%	5.79%
Return on Assets (ROA)	6.03%	4.08%	3.13%	5.40%	4.40%	1.03%	2.18%	2.15%	2.00%	2.47%
Return on Common Equity (ROCE)	10.05%	7.00%	7.09%	15.41%	10.97%	2.80%	6.66%	8.94%	11.84%	15.04%
Return on Equity Simple (ROE_SIMPLE)	10.10%	7.03%	3.82%	95.65%	10.21%	2.79%	6.27%	6.92%	11.47%	15.16%
Net Operating Profit after Tax (NOPAT)	188	136	73	101	81	237	294	174	140	172
NOPAT Margin	11.99%	8.88%	5.68%	11.14%	10.84%	11.57%	15.89%	10.14%	7.26%	8.40%
Net Nonoperating Expense Percent (NNEP)	8.40%	6.02%	2.61%	9.21%	-162.20%	20.83%	20.43%	7.75%	4.80%	5.55%
Return On Investment Capital (ROIC_SIMPLE)	9.02%	6.48%	3.39%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	54.87%	57.65%	63.68%	59.03%	54.67%	61.73%	61.84%	63.42%	65.42%	63.60%
SG&A Expenses to Revenue	24.88%	24.26%	24.11%	26.24%	27.62%	21.12%	21.27%	20.79%	20.05%	20.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	29.52%	29.84%	27.96%	29.22%	30.89%	23.37%	23.77%	24.71%	25.52%	26.46%
Earnings before Interest and Taxes (EBIT)	239	184	109	108	105	304	271	203	177	197
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	327	272	163	185	195	396	362	311	295	311
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.99	3.13	2.27	33.87	3.19	2.05	2.43	2.13	3.32	4.68
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	4.62	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	4.04	3.28	2.86	4.70	6.13	1.23	1.59	1.33	1.02	1.26
Price to Earnings (P/E)	39.52	44.54	59.36	35.42	31.20	226.39	55.87	34.09	28.80	30.91
Dividend Yield	1.10%	1.27%	0.97%	0.85%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.53%	2.25%	1.68%	2.82%	3.21%	0.44%	1.79%	2.93%	3.47%	3.24%
Enterprise Value to Invested Capital (EV/IC)	3.52	2.74	2.01	8.30	9.80	1.59	1.85	1.55	1.68	1.96
Enterprise Value to Revenue (EV/Rev)	4.23	3.51	3.18	5.19	7.55	1.69	2.22	1.99	1.76	2.03
Enterprise Value to EBITDA (EV/EBITDA)	20.27	19.77	24.95	25.54	28.97	8.73	11.33	10.96	11.50	13.38
Enterprise Value to EBIT (EV/EBIT)	27.77	29.20	37.44	43.95	53.57	11.38	15.17	16.77	19.11	21.17
Enterprise Value to NOPAT (EV/NOPAT)	35.30	39.59	55.92	46.55	69.71	14.59	13.96	19.64	24.28	24.16
Enterprise Value to Operating Cash Flow (EV/OCF)	22.58	21.18	42.00	21.13	17.60	13.41	17.97	17.48	15.48	16.92
Enterprise Value to Free Cash Flow (EV/FCFF)	25.03	26.82	0.00	44.08	3.35	12.52	14.58	0.00	14.21	18.32
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.31	0.31	0.33	4.27	0.78	1.01	1.12	1.52	3.27	3.51
Long-Term Debt to Equity	0.31	0.31	0.33	4.22	0.78	1.00	1.11	1.50	3.23	3.47
Financial Leverage	0.21	0.24	0.49	-0.27	0.03	0.80	0.94	1.55	2.63	2.86
Leverage Ratio	1.67	1.72	2.26	2.86	2.49	2.73	3.05	4.16	5.93	6.09
Compound Leverage Factor	1.45	1.37	1.74	1.39	0.90	2.15	2.11	2.19	2.87	3.37
Debt to Total Capital	23.80%	23.61%	24.92%	81.02%	43.72%	50.14%	52.79%	60.25%	76.56%	77.83%
Short-Term Debt to Total Capital	0.04%	0.04%	0.27%	0.84%	0.01%	0.05%	0.15%	0.61%	0.81%	0.97%
Long-Term Debt to Total Capital	23.76%	23.56%	24.65%	80.18%	43.71%	50.09%	52.64%	59.64%	75.75%	76.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.12%	0.10%	0.00%	0.00%	-0.02%	-0.01%
Common Equity to Total Capital	76.20%	76.39%	75.08%	18.98%	56.16%	49.76%	47.21%	39.75%	23.47%	22.18%
Debt to EBITDA	1.52	1.82	3.28	2.92	5.75	3.12	3.74	5.21	6.51	6.24
Net Debt to EBITDA	0.91	1.32	2.52	2.39	5.43	2.39	3.21	3.64	4.87	5.05
Long-Term Debt to EBITDA	1.51	1.82	3.25	2.89	5.75	3.12	3.73	5.16	6.44	6.16
Debt to NOPAT	2.64	3.65	7.36	5.32	13.83	5.22	4.61	9.34	13.75	11.27
Net Debt to NOPAT	1.59	2.64	5.64	4.36	13.06	3.99	3.95	6.52	10.28	9.12
Long-Term Debt to NOPAT	2.64	3.64	7.28	5.26	13.83	5.21	4.60	9.25	13.61	11.13
Altman Z-Score	4.06	3.21	1.96	2.53	1.98	1.91	1.79	1.47	1.39	1.50
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.19%	0.20%	0.10%	0.00%	-0.04%	-0.07%	-0.04%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.91	3.02	2.62	1.98	2.86	2.48	2.20	2.94	2.91	2.60
Quick Ratio	1.62	1.57	1.19	1.00	0.52	1.58	1.12	2.03	1.98	1.63
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	265	201	-1,384	107	1,682	276	282	-6.04	239	227
Operating Cash Flow to CapEx	1,452.97%	1,866.91%	1,539.68%	2,484.44%	909.66%	642.04%	649.15%	387.87%	473.00%	509.11%
Free Cash Flow to Firm to Interest Expense	8.00	5.09	-51.45	1.95	36.65	4.21	3.24	-0.06	2.61	2.58
Operating Cash Flow to Interest Expense	8.87	6.44	3.61	4.06	6.98	3.93	2.63	2.03	2.40	2.80
Operating Cash Flow Less CapEx to Interest Expense	8.26	6.10	3.37	3.89	6.21	3.32	2.22	1.51	1.89	2.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.59	0.55	0.65	0.41	0.22	0.61	0.53	0.50	0.57	0.60
Accounts Receivable Turnover	7.60	7.12	7.05	7.35	3.41	6.32	5.81	5.35	5.89	5.82
Inventory Turnover	3.12	2.74	2.96	3.35	1.80	4.08	3.70	3.38	3.62	3.59
Fixed Asset Turnover	9.10	8.41	10.33	13.60	3.30	5.26	4.64	4.29	4.72	4.88
Accounts Payable Turnover	13.42	10.18	7.35	7.35	3.50	6.64	5.91	5.45	5.79	5.49
Days Sales Outstanding (DSO)	48.05	51.26	51.80	49.63	107.11	57.75	62.84	68.26	62.00	62.69
Days Inventory Outstanding (DIO)	116.83	133.26	123.23	108.81	202.50	89.46	98.65	107.89	100.76	101.80
Days Payable Outstanding (DPO)	27.20	35.84	49.63	49.69	104.25	55.01	61.79	66.98	63.06	66.51
Cash Conversion Cycle (CCC)	137.67	148.68	125.40	108.75	205.36	92.20	99.71	109.17	99.70	97.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,884	1,961	2,026	569	575	2,177	2,216	2,203	2,024	2,122
Invested Capital Turnover	0.81	0.77	0.99	1.59	0.54	0.93	0.84	0.81	0.93	0.95
Increase / (Decrease) in Invested Capital	-77	-65	1,457	-5.70	-1,602	-39	13	180	-99	-55
Enterprise Value (EV)	6,628	5,379	4,074	4,725	5,636	3,461	4,107	3,410	3,390	4,159
Market Capitalization	6,330	5,020	3,663	4,282	4,577	2,513	2,944	2,277	1,956	2,590
Book Value per Share	$9.35	$9.27	$9.08	$1.04	$11.94	$11.73	$11.66	$10.35	$5.81	$5.44
Tangible Book Value per Share	($0.58)	($0.84)	($0.97)	($2.53)	$8.24	($5.56)	($5.72)	($7.79)	($11.11)	($12.16)
Total Capital	2,082	2,098	2,151	666	2,558	2,469	2,569	2,693	2,508	2,493
Total Debt	496	495	536	540	1,118	1,238	1,356	1,623	1,920	1,940
Total Long-Term Debt	495	494	530	534	1,118	1,237	1,352	1,606	1,900	1,916
Net Debt	298	359	411	443	1,056	946	1,163	1,133	1,436	1,570
Capital Expenditures (CapEx)	20	14	6.30	9.00	35	40	35	50	46	48
Debt-free, Cash-free Net Working Capital (DFCFNWC)	277	311	349	143	528	295	354	304	307	349
Debt-free Net Working Capital (DFNWC)	475	448	474	240	591	587	547	794	792	719
Net Working Capital (NWC)	474	447	468	234	590	586	544	778	772	695
Net Nonoperating Expense (NNE)	28	23	11	-19	-66	203	218	100	72	88
Net Nonoperating Obligations (NNO)	298	359	411	443	-864	946	1,003	1,133	1,436	1,570
Total Depreciation and Amortization (D&A)	88	88	55	78	89	92	92	108	117	114
Debt-free, Cash-free Net Working Capital to Revenue	17.69%	20.33%	27.24%	15.74%	70.79%	14.36%	19.13%	17.76%	15.97%	17.00%
Debt-free Net Working Capital to Revenue	30.33%	29.26%	36.97%	26.35%	79.14%	28.63%	29.56%	46.38%	41.16%	35.06%
Net Working Capital to Revenue	30.28%	29.20%	36.53%	25.73%	79.10%	28.57%	29.35%	45.42%	40.11%	33.88%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.93	$0.65	$0.41	$1.00	$0.00	$0.00	$0.51	$0.65	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	171.69M	174.25M	151.58M	121.49M	0.00	0.00	103.89M	102.75M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.92	$0.64	$0.40	$0.97	$0.00	$0.00	$0.50	$0.64	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	174.66M	177.26M	153.84M	125.11M	0.00	0.00	106.00M	104.78M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	170.06M	172.00M	176.07M	125.78M	0.00	0.00	104.20M	103.66M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	198	147	83	105	82	247	196	196	168	183
Normalized NOPAT Margin	12.65%	9.59%	6.50%	11.53%	11.04%	12.03%	10.60%	11.44%	8.71%	8.93%
Pre Tax Income Margin	13.21%	9.59%	6.54%	5.75%	5.11%	11.64%	10.10%	6.27%	4.47%	5.30%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.21	4.68	4.04	1.95	2.29	4.63	3.11	2.12	1.94	2.24
NOPAT to Interest Expense	5.67	3.45	2.71	1.84	1.76	3.62	3.38	1.81	1.53	1.96
EBIT Less CapEx to Interest Expense	6.60	4.33	3.81	1.79	1.53	4.02	2.71	1.59	1.43	1.69
NOPAT Less CapEx to Interest Expense	5.06	3.10	2.47	1.68	0.99	3.00	2.98	1.28	1.02	1.41
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.33%	44.72%	52.67%	30.11%	26.31%	67.64%	30.53%	5.94%	0.00%	0.00%
Augmented Payout Ratio	129.09%	155.72%	92.71%	30.85%	121.75%	67.64%	30.53%	5.94%	59.26%	0.00%

This table displays calculated financial ratios and metrics derived from Zurn Elkay Water Solutions' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.01%	3.90%	2.91%	2.18%	0.46%	4.85%	-4.62%	41.87%	55.30%	46.49%	81.85%
EBITDA Growth	17.30%	40.59%	14.25%	17.65%	14.51%	12.72%	555.37%	37.43%	29.49%	97.36%	-77.80%
EBIT Growth	22.39%	65.74%	19.27%	24.65%	25.42%	36.32%	706.32%	6.62%	-6.56%	45.21%	-129.97%
NOPAT Growth	10.15%	104.81%	14.00%	34.76%	35.02%	44.75%	727.31%	-4.21%	-4.89%	55.43%	-129.46%
Net Income Growth	27.11%	161.87%	5.07%	32.95%	50.44%	-2.11%	316.75%	-4.95%	-24.50%	121.39%	-129.80%
EPS Growth	36.84%	200.00%	4.17%	35.00%	46.15%	800.00%	318.18%	-28.57%	-45.83%	98.11%	-121.57%
Operating Cash Flow Growth	-20.41%	9.28%	-12.17%	-2.41%	978.00%	-31.04%	320.73%	108.11%	109.28%	480.18%	-75.60%
Free Cash Flow Firm Growth	-41.91%	39.87%	10.13%	112.38%	112.30%	105.93%	-49.71%	-175.88%	-179.44%	-9,754.87%	494.05%
Invested Capital Growth	-2.72%	-3.93%	-4.94%	-5.58%	-6.20%	-3.19%	-4.37%	210.89%	215.83%	255.89%	-11.70%
Revenue Q/Q Growth	4.88%	-9.59%	-0.49%	10.22%	4.76%	-10.44%	-1.19%	8.36%	9.34%	-18.53%	46.97%
EBITDA Q/Q Growth	21.27%	-21.63%	-1.52%	25.34%	39.81%	-36.32%	1.41%	22.00%	37.26%	270.25%	-78.73%
EBIT Q/Q Growth	32.36%	-30.28%	-2.28%	35.71%	67.64%	-49.83%	2.13%	36.56%	78.79%	323.16%	-117.96%
NOPAT Q/Q Growth	8.83%	-15.79%	-4.07%	25.29%	102.35%	-53.13%	13.40%	25.53%	116.93%	303.14%	-117.32%
Net Income Q/Q Growth	19.78%	-16.32%	-5.43%	34.11%	146.76%	-66.43%	19.65%	51.75%	60.56%	174.35%	-152.47%
EPS Q/Q Growth	23.81%	-16.00%	-7.41%	42.11%	171.43%	-70.83%	20.00%	53.85%	1,400.00%	90.91%	-139.29%
Operating Cash Flow Q/Q Growth	-32.55%	-30.03%	6.82%	57.89%	-7.39%	-43.77%	18.69%	1,644.00%	-94.08%	243.09%	-41.29%
Free Cash Flow Firm Q/Q Growth	-16.84%	-19.78%	-10.48%	-2.72%	100.22%	-36.84%	110.06%	3.29%	3.56%	-635.96%	-84.82%
Invested Capital Q/Q Growth	0.78%	-0.52%	-1.71%	-1.28%	-0.47%	-1.57%	-2.37%	-1.94%	2.72%	-2.76%	217.40%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	46.55%	43.49%	46.20%	45.22%	45.51%	43.69%	42.65%	43.03%	39.99%	32.15%	33.61%
EBITDA Margin	22.15%	19.15%	22.10%	22.33%	19.64%	14.15%	19.90%	19.39%	17.23%	13.16%	2.90%
Operating Margin	16.31%	13.30%	17.12%	17.45%	14.23%	9.19%	15.09%	13.59%	11.74%	5.82%	-2.42%
EBIT Margin	16.31%	12.92%	16.76%	17.06%	13.86%	8.10%	14.46%	13.99%	11.10%	6.23%	-2.27%
Profit (Net Income) Margin	11.21%	9.82%	10.61%	11.17%	9.18%	3.90%	10.39%	8.58%	6.13%	4.17%	-4.57%
Tax Burden Percent	77.72%	87.08%	72.02%	74.43%	79.77%	65.26%	86.79%	75.05%	71.92%	100.00%	109.14%
Interest Burden Percent	88.49%	87.27%	87.92%	87.91%	83.01%	73.70%	82.81%	81.74%	76.76%	66.98%	184.21%
Effective Tax Rate	26.92%	13.64%	27.98%	26.70%	20.93%	36.62%	26.21%	28.63%	28.71%	27.46%	0.00%
Return on Invested Capital (ROIC)	9.79%	9.36%	9.85%	9.94%	8.55%	4.47%	8.27%	11.03%	8.64%	4.17%	-0.89%
ROIC Less NNEP Spread (ROIC-NNEP)	8.99%	7.47%	7.80%	8.23%	6.66%	2.68%	7.57%	10.00%	6.88%	4.13%	-2.93%
Return on Net Nonoperating Assets (RNNOA)	1.96%	1.54%	1.68%	2.03%	1.70%	0.64%	1.98%	4.84%	3.63%	2.03%	-1.06%
Return on Equity (ROE)	11.75%	10.89%	11.53%	11.97%	10.25%	5.11%	10.25%	15.87%	12.28%	6.19%	-1.95%
Cash Return on Invested Capital (CROIC)	12.73%	13.77%	13.65%	13.83%	13.69%	10.06%	10.79%	-97.62%	-98.66%	-106.65%	16.26%
Operating Return on Assets (OROA)	9.78%	7.62%	9.43%	9.59%	7.76%	4.48%	7.63%	10.78%	7.99%	4.05%	-0.81%
Return on Assets (ROA)	6.73%	5.79%	5.97%	6.28%	5.14%	2.16%	5.48%	6.61%	4.41%	2.71%	-1.62%
Return on Common Equity (ROCE)	11.75%	10.89%	11.53%	11.97%	10.25%	5.11%	10.25%	15.87%	12.28%	6.19%	-1.95%
Return on Equity Simple (ROE_SIMPLE)	10.95%	0.00%	8.68%	8.50%	7.70%	0.00%	7.01%	3.30%	3.39%	0.00%	-1.17%
Net Operating Profit after Tax (NOPAT)	46	43	51	53	42	21	44	39	31	14	-7.07
NOPAT Margin	11.92%	11.49%	12.33%	12.79%	11.25%	5.83%	11.13%	9.70%	8.37%	4.22%	-1.69%
Net Nonoperating Expense Percent (NNEP)	0.79%	1.88%	2.05%	1.71%	1.89%	1.79%	0.70%	1.03%	1.76%	0.04%	2.04%
Return On Investment Capital (ROIC_SIMPLE)	2.27%	2.04%	-	-	-	0.99%	-	-	-	0.67%	-
Cost of Revenue to Revenue	53.45%	56.51%	53.80%	54.78%	54.49%	56.31%	57.35%	56.97%	60.01%	67.85%	66.39%
SG&A Expenses to Revenue	26.03%	25.17%	24.80%	24.00%	25.66%	26.23%	23.32%	23.88%	23.78%	21.28%	29.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	30.25%	30.19%	29.07%	27.77%	31.27%	34.50%	27.56%	29.44%	28.25%	26.33%	36.03%
Earnings before Interest and Taxes (EBIT)	63	48	69	70	52	29	58	56	41	21	-9.50
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	86	71	91	92	73	51	79	78	64	45	12
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.62	3.99	3.87	3.18	3.57	3.13	2.96	2.90	2.30	2.27	2.62
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.55	4.04	3.96	3.29	3.76	3.28	3.15	3.01	2.60	2.86	3.61
Price to Earnings (P/E)	33.09	39.52	44.61	37.35	46.34	44.54	42.23	87.81	67.82	59.36	0.00
Dividend Yield	1.03%	1.10%	1.34%	1.60%	1.38%	1.27%	1.01%	1.06%	1.15%	0.97%	0.67%
Earnings Yield	3.02%	2.53%	2.24%	2.68%	2.16%	2.25%	2.37%	1.14%	1.47%	1.68%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.14	3.52	3.41	2.80	3.12	2.74	2.59	2.48	2.00	2.01	2.26
Enterprise Value to Revenue (EV/Rev)	3.77	4.23	4.15	3.50	3.98	3.51	3.40	3.30	2.94	3.18	4.01
Enterprise Value to EBITDA (EV/EBITDA)	17.54	20.27	20.91	18.16	21.50	19.77	19.21	25.17	23.16	24.95	33.32
Enterprise Value to EBIT (EV/EBIT)	23.81	27.77	29.10	25.63	30.98	29.20	28.88	45.48	38.63	37.44	46.03
Enterprise Value to NOPAT (EV/NOPAT)	31.03	35.30	38.70	33.62	41.48	39.59	39.95	74.64	59.05	55.92	55.28
Enterprise Value to Operating Cash Flow (EV/OCF)	21.10	22.58	22.39	17.95	20.12	21.18	18.40	25.16	26.71	42.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	24.31	25.03	24.32	19.67	22.08	26.82	23.42	0.00	0.00	0.00	13.02
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.32	0.31	0.31	0.31	0.31	0.31	0.34	0.35	0.35	0.33	0.33
Long-Term Debt to Equity	0.32	0.31	0.31	0.31	0.31	0.31	0.34	0.35	0.34	0.33	0.33
Financial Leverage	0.22	0.21	0.22	0.25	0.26	0.24	0.26	0.48	0.53	0.49	0.36
Leverage Ratio	1.67	1.67	1.73	1.72	1.70	1.72	1.78	2.19	2.19	2.26	2.03
Compound Leverage Factor	1.48	1.45	1.52	1.51	1.41	1.27	1.47	1.79	1.68	1.52	3.73
Debt to Total Capital	24.26%	23.80%	23.80%	23.71%	23.49%	23.61%	25.59%	25.90%	25.82%	24.92%	24.91%
Short-Term Debt to Total Capital	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.29%	0.29%	0.29%	0.27%	0.26%
Long-Term Debt to Total Capital	24.22%	23.76%	23.76%	23.67%	23.44%	23.56%	25.30%	25.61%	25.52%	24.65%	24.65%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	75.74%	76.20%	76.20%	76.29%	76.51%	76.39%	74.41%	74.10%	74.18%	75.08%	75.09%
Debt to EBITDA	1.46	1.52	1.61	1.67	1.75	1.82	2.07	2.76	3.10	3.28	3.80
Net Debt to EBITDA	1.03	0.91	1.00	1.12	1.19	1.32	1.42	2.25	2.68	2.52	3.29
Long-Term Debt to EBITDA	1.46	1.51	1.60	1.66	1.74	1.82	2.04	2.73	3.06	3.25	3.76
Debt to NOPAT	2.58	2.64	2.97	3.09	3.37	3.65	4.30	8.19	7.89	7.36	6.31
Net Debt to NOPAT	1.83	1.59	1.85	2.07	2.30	2.64	2.95	6.67	6.83	5.64	5.47
Long-Term Debt to NOPAT	2.58	2.64	2.97	3.08	3.37	3.64	4.25	8.10	7.80	7.28	6.24
Altman Z-Score	3.42	3.83	3.55	3.05	3.53	3.02	2.62	2.49	1.98	1.86	1.98
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.87	2.91	2.70	2.84	3.31	3.02	3.14	2.98	2.97	2.62	2.44
Quick Ratio	1.60	1.62	1.54	1.58	1.80	1.57	1.77	1.49	1.30	1.19	1.04
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	99	120	149	167	171	85	135	-1,345	-1,391	-1,442	269
Operating Cash Flow to CapEx	997.67%	698.90%	2,217.07%	1,736.73%	2,566.67%	0.00%	2,156.25%	1,557.14%	96.15%	2,557.58%	1,069.57%
Free Cash Flow to Firm to Interest Expense	13.62	15.94	17.96	19.59	19.45	8.91	13.67	-130.62	-144.91	-162.07	33.64
Operating Cash Flow to Interest Expense	5.88	8.48	10.95	10.01	6.13	6.06	10.45	8.47	0.52	9.48	3.08
Operating Cash Flow Less CapEx to Interest Expense	5.29	7.27	10.46	9.44	5.89	6.27	9.97	7.92	-0.02	9.11	2.79
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.60	0.59	0.56	0.56	0.56	0.55	0.53	0.77	0.72	0.65	0.35
Accounts Receivable Turnover	6.79	7.60	6.52	6.38	6.87	7.12	6.02	7.11	7.16	7.05	3.90
Inventory Turnover	3.05	3.12	3.02	2.91	2.71	2.74	2.67	3.45	3.15	2.96	1.86
Fixed Asset Turnover	9.52	9.10	8.76	8.54	8.22	8.41	7.72	12.06	10.69	10.33	3.90
Accounts Payable Turnover	10.46	13.42	10.95	11.88	11.19	10.18	8.89	9.97	9.12	7.35	4.13
Days Sales Outstanding (DSO)	53.74	48.05	55.99	57.17	53.11	51.26	60.63	51.36	50.98	51.80	93.64
Days Inventory Outstanding (DIO)	119.86	116.83	120.73	125.38	134.46	133.26	136.92	105.79	116.03	123.23	195.98
Days Payable Outstanding (DPO)	34.91	27.20	33.33	30.73	32.62	35.84	41.04	36.61	40.00	49.63	88.40
Cash Conversion Cycle (CCC)	138.69	137.67	143.39	151.82	154.96	148.68	156.50	120.55	127.01	125.40	201.23
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,899	1,884	1,894	1,927	1,952	1,961	1,993	2,041	2,081	2,026	2,084
Invested Capital Turnover	0.82	0.81	0.80	0.78	0.76	0.77	0.74	1.14	1.03	0.99	0.53
Increase / (Decrease) in Invested Capital	-53	-77	-99	-114	-129	-65	-91	1,385	1,422	1,457	-276
Enterprise Value (EV)	5,960	6,628	6,451	5,397	6,093	5,379	5,153	5,062	4,164	4,074	4,704
Market Capitalization	5,608	6,330	6,143	5,064	5,755	5,020	4,772	4,610	3,683	3,663	4,239
Book Value per Share	$9.10	$9.35	$9.28	$9.23	$9.33	$9.27	$9.32	$9.10	$9.08	$9.08	$9.11
Tangible Book Value per Share	($0.73)	($0.58)	($0.69)	($0.71)	($0.68)	($0.84)	($0.87)	($1.08)	($1.06)	($0.97)	($0.87)
Total Capital	2,044	2,082	2,082	2,090	2,109	2,098	2,166	2,144	2,156	2,151	2,156
Total Debt	496	496	496	496	495	495	554	555	557	536	537
Total Long-Term Debt	495	495	495	495	495	494	548	549	550	530	531
Net Debt	351	298	308	333	338	359	381	452	482	411	465
Capital Expenditures (CapEx)	4.30	9.10	4.10	4.90	2.10	-2.00	4.80	5.60	5.20	3.30	2.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	311	277	289	306	330	311	325	361	384	349	406
Debt-free Net Working Capital (DFNWC)	456	475	477	469	487	448	498	464	459	474	478
Net Working Capital (NWC)	455	474	476	468	486	447	492	457	452	468	472
Net Nonoperating Expense (NNE)	2.74	6.18	7.06	6.70	7.77	6.89	2.95	4.51	8.36	0.16	12
Net Nonoperating Obligations (NNO)	351	298	308	333	338	359	381	452	482	411	465
Total Depreciation and Amortization (D&A)	23	23	22	22	22	22	22	22	23	24	22
Debt-free, Cash-free Net Working Capital to Revenue	19.66%	17.69%	18.61%	19.88%	21.52%	20.33%	21.45%	23.52%	27.13%	27.24%	34.55%
Debt-free Net Working Capital to Revenue	28.81%	30.33%	30.71%	30.43%	31.77%	29.26%	32.88%	30.24%	32.42%	36.97%	40.68%
Net Working Capital to Revenue	28.76%	30.28%	30.65%	30.38%	31.71%	29.20%	32.46%	29.83%	31.97%	36.53%	40.19%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.26	$0.21	$0.25	$0.27	$0.20	$0.08	$0.24	$0.20	$0.13	($0.01)	($0.11)
Adjusted Weighted Average Basic Shares Outstanding	170.35M	171.69M	170.55M	172.63M	173.01M	174.25M	173.28M	174.26M	176.42M	151.58M	174.87M
Adjusted Diluted Earnings per Share	$0.26	$0.21	$0.25	$0.27	$0.19	$0.07	$0.24	$0.20	$0.13	($0.01)	($0.11)
Adjusted Weighted Average Diluted Shares Outstanding	172.19M	174.66M	173.03M	175.00M	175.68M	177.26M	176.14M	176.48M	178.39M	153.84M	174.87M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	168.25M	170.06M	169.71M	170.93M	172.70M	172.00M	172.81M	172.95M	174.52M	176.07M	177.79M
Normalized Net Operating Profit after Tax (NOPAT)	48	46	53	53	47	23	46	45	33	16	1.12
Normalized NOPAT Margin	12.24%	12.37%	12.81%	12.92%	12.59%	6.43%	11.54%	11.08%	8.74%	4.71%	0.27%
Pre Tax Income Margin	14.43%	11.28%	14.73%	15.00%	11.50%	5.97%	11.97%	11.43%	8.52%	4.17%	-4.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	8.68	6.39	8.28	8.27	5.89	3.01	5.82	5.48	4.30	2.38	-1.19
NOPAT to Interest Expense	6.35	5.68	6.09	6.20	4.78	2.17	4.48	3.80	3.25	1.61	-0.88
EBIT Less CapEx to Interest Expense	8.10	5.17	7.78	7.69	5.65	3.22	5.33	4.93	3.76	2.01	-1.48
NOPAT Less CapEx to Interest Expense	5.76	4.46	5.60	5.62	4.54	2.37	4.00	3.25	2.70	1.24	-1.17
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	34.16%	35.33%	40.01%	39.53%	41.87%	44.72%	43.36%	94.10%	75.51%	52.67%	-126.46%
Augmented Payout Ratio	157.29%	129.09%	152.43%	126.47%	128.02%	155.72%	153.89%	307.05%	189.13%	92.71%	-126.46%

Frequently Asked Questions About Zurn Elkay Water Solutions' Financials

When does Zurn Elkay Water Solutions's fiscal year end?

According to the most recent income statement we have on file, Zurn Elkay Water Solutions' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Zurn Elkay Water Solutions' net income changed over the last 9 years?

Zurn Elkay Water Solutions' net income appears to be on an upward trend, with a most recent value of $160.20 million in 2024, rising from $83.80 million in 2015. The previous period was $112.70 million in 2023. Find out what analysts predict for Zurn Elkay Water Solutions in the coming months.

What is Zurn Elkay Water Solutions's operating income?

Zurn Elkay Water Solutions's total operating income in 2024 was $244.60 million, based on the following breakdown:

Total Gross Profit: $707 million
Total Operating Expenses: $462.40 million

How has Zurn Elkay Water Solutions revenue changed over the last 9 years?

Over the last 9 years, Zurn Elkay Water Solutions' total revenue changed from $2.05 billion in 2015 to $1.57 billion in 2024, a change of -23.6%.

How much debt does Zurn Elkay Water Solutions have?

Zurn Elkay Water Solutions' total liabilities were at $1.06 billion at the end of 2024, a 0.2% decrease from 2023, and a 62.8% decrease since 2015.

How much cash does Zurn Elkay Water Solutions have?

In the past 9 years, Zurn Elkay Water Solutions' cash and equivalents has ranged from $62.30 million in 2020 to $490.10 million in 2017, and is currently $198 million as of their latest financial filing in 2024.

How has Zurn Elkay Water Solutions' book value per share changed over the last 9 years?

Over the last 9 years, Zurn Elkay Water Solutions' book value per share changed from 5.44 in 2015 to 9.35 in 2024, a change of 72.0%.

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This page (NYSE:ZWS) was last updated on 5/29/2025 by MarketBeat.com Staff

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Zurn Elkay Water Solutions (ZWS) Financials

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Zurn Elkay Water Solutions (ZWS) Financials

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