Zurn Elkay Water Solutions Cor (ZWS) Financials

$50.70 +0.40 (+0.80%)

Closing price 03:59 PM Eastern

Extended Trading

$49.57 -1.13 (-2.23%)

As of 04:10 PM Eastern

Annual Income Statements for Zurn Elkay Water Solutions Cor

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	84	68	67	53	11	147	121	62	113	160	198
Consolidated Net Income / (Loss)	84	68	74	76	34	147	121	62	113	160	198
Net Income / (Loss) Continuing Operations	92	69	92	207	189	29	50	57	104	159	192
Total Pre-Tax Income	109	86	107	187	239	38	52	84	147	207	256
Total Operating Income	204	174	203	266	306	108	107	107	191	245	279
Total Gross Profit	746	665	626	707	785	338	373	466	648	707	765
Total Revenue	2,050	1,924	1,713	1,852	2,051	746	911	1,282	1,531	1,567	1,696
Operating Revenue	2,050	1,924	1,713	1,852	2,051	746	911	1,282	1,531	1,567	1,696
Total Cost of Revenue	1,304	1,259	1,086	1,145	1,266	408	538	816	882	860	931
Operating Cost of Revenue	1,304	1,259	1,086	1,145	1,266	408	538	816	882	860	931
Total Operating Expenses	543	491	423	440	479	231	266	358	457	462	486
Selling, General & Admin Expense	415	386	356	394	433	206	239	309	371	390	418
Amortization Expense	55	57	41	32	34	22	24	34	59	59	59
Other Operating Expenses / (Income)	59	13	-	-	-	-	0.00	0.00	11	0.00	0.00
Restructuring Charge	13	35	26	14	12	2.00	3.70	15	15	14	9.60
Total Other Income / (Expense), net	-95	-88	-96	-79	-67	-70	-55	-23	-45	-38	-23
Interest Expense	88	91	96	87	66	46	55	27	39	33	29
Interest & Investment Income	-	-	-	3.30	0.40	-21	-	1.90	2.00	1.40	0.50
Other Income / (Expense), net	-7.20	3.10	0.20	4.40	-1.60	-2.50	0.50	1.70	-7.20	-5.90	5.50
Income Tax Expense	17	17	16	-20	53	9.50	2.70	27	43	48	64
Net Income / (Loss) Discontinued Operations	-8.00	-1.40	-18	-131	-155	118	71	4.70	8.50	1.30	5.60
Basic Earnings per Share	$0.82	$0.67	$0.65	$0.51	$0.11	$1.21	$1.00	$0.41	$0.65	$0.93	$1.17
Weighted Average Basic Shares Outstanding	101.53M	100.84M	102.75M	103.89M	104.64M	120.76M	121.49M	151.58M	174.25M	171.69M	168.66M
Diluted Earnings per Share	$0.80	$0.66	$0.64	$0.62	$0.28	$1.19	$0.97	$0.40	$0.64	$0.92	$1.15
Weighted Average Diluted Shares Outstanding	104.73M	103.31M	104.78M	121.98M	123.33M	123.45M	125.11M	153.84M	177.26M	174.66M	171.26M
Weighted Average Basic & Diluted Shares Outstanding	102.20M	101.30M	102.80M	103.30M	100.90M	119.73M	125.78M	176.07M	172.00M	170.06M	166.80M
Cash Dividends to Common per Share	-	-	-	-	-	$0.08	$0.30	$0.20	$0.29	$0.33	$0.38

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	41	14	34	46	44	36	44	51	62	42	59
Consolidated Net Income / (Loss)	41	14	34	46	44	36	44	51	62	42	59
Net Income / (Loss) Continuing Operations	35	14	34	45	44	36	41	50	60	42	59
Total Pre-Tax Income	48	21	43	62	60	42	56	68	79	53	77
Total Operating Income	60	33	53	72	70	49	63	78	78	60	82
Total Gross Profit	170	156	170	186	189	161	181	202	201	181	206
Total Revenue	398	357	374	412	410	371	389	445	455	407	433
Operating Revenue	398	357	374	412	410	371	389	445	455	407	433
Total Cost of Revenue	229	201	204	226	221	210	208	242	255	226	227
Operating Cost of Revenue	229	201	204	226	221	210	208	242	255	226	227
Total Operating Expenses	110	123	117	114	119	112	118	125	123	120	124
Selling, General & Admin Expense	93	94	96	99	102	93	101	108	107	102	108
Amortization Expense	15	15	15	15	15	15	15	15	15	15	15
Restructuring Charge	2.20	3.40	6.30	0.70	2.70	3.80	1.70	1.90	1.80	4.20	0.90
Total Other Income / (Expense), net	-12	-12	-10	-10	-9.80	-7.50	-7.30	-9.70	1.60	-7.20	-5.20
Interest Expense	9.90	9.60	8.80	8.50	8.30	7.50	7.30	7.70	7.10	6.50	6.20
Other Income / (Expense), net	-2.50	-3.90	-1.40	-1.60	-1.50	-1.40	0.00	-2.00	8.70	-1.20	1.00
Income Tax Expense	13	7.80	9.00	17	17	5.70	15	18	20	12	18
Net Income / (Loss) Discontinued Operations	6.20	0.40	0.30	0.70	0.00	0.30	2.60	0.40	2.20	0.40	0.00
Basic Earnings per Share	$0.24	$0.08	$0.20	$0.27	$0.25	$0.21	$0.26	$0.30	$0.36	$0.25	$0.35
Weighted Average Basic Shares Outstanding	173.28M	174.25M	173.01M	172.63M	170.55M	171.69M	170.35M	168.48M	168.13M	168.66M	167.70M
Diluted Earnings per Share	$0.24	$0.07	$0.19	$0.27	$0.25	$0.21	$0.26	$0.29	$0.36	$0.24	$0.35
Weighted Average Diluted Shares Outstanding	176.14M	177.26M	175.68M	175.00M	173.03M	174.66M	172.19M	170.08M	170.27M	171.26M	169.68M
Weighted Average Basic & Diluted Shares Outstanding	172.81M	172.00M	172.70M	170.93M	169.71M	170.06M	168.25M	167.55M	167.35M	166.80M	166.87M
Cash Dividends to Common per Share	$0.07	-	$0.08	$0.08	$0.08	-	$0.09	$0.09	$0.09	-	$0.11

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	31	114	5.50	-273	75	-21	-159	28	12	61	103
Net Cash From Operating Activities	246	219	195	229	258	320	224	97	254	294	347
Net Cash From Continuing Operating Activities	246	219	195	229	258	320	224	97	254	294	347
Net Income / (Loss) Continuing Operations	84	68	74	76	34	147	121	62	113	160	198
Consolidated Net Income / (Loss)	84	68	74	76	34	147	121	62	113	160	198
Depreciation Expense	57	58	63	56	58	53	44	21	29	29	30
Amortization Expense	57	59	45	36	34	36	33	34	59	59	59
Non-Cash Adjustments To Reconcile Net Income	69	50	19	144	175	84	62	28	37	50	38
Changes in Operating Assets and Liabilities, net	-21	-16	-6.10	-83	-43	0.30	-37	-47	16	-5.20	22
Net Cash From Investing Activities	-177	-45	-264	-209	-53	-197	-22	-6.60	-4.60	-20	-30
Net Cash From Continuing Investing Activities	-177	-45	-264	-209	-53	-197	-22	-6.60	-4.60	-20	-30
Purchase of Property, Plant & Equipment	-49	-52	-55	-41	-45	-44	-23	-7.60	-21	-22	-30
Sale of Property, Plant & Equipment	0.50	5.80	4.20	5.50	4.70	9.00	14	1.30	7.70	1.60	0.00
Other Investing Activities, net	-	-	-	-	-	0.00	0.00	9.50	9.00	0.00	0.00
Net Cash From Financing Activities	-17	-56	80	-309	-117	-156	-356	-61	-239	-208	-217
Net Cash From Continuing Financing Activities	-17	-56	80	-309	-117	-156	-356	-61	-239	-208	-217
Repayment of Debt	-36	-26	-1,917	-1,827	-369	-337	-1,156	-108	-78	-0.80	-0.80
Repurchase of Common Equity	0.00	-40	-	0.00	0.00	-140	-0.90	-25	-125	-150	-160
Payment of Dividends	0.00	0.00	-4.40	-23	-23	-39	-36	-33	-50	-57	-64
Issuance of Debt	12	0.90	1,606	1,536	271	331	550	102	13	0.00	0.00
Other Financing Activities, net	6.90	9.10	5.30	6.00	4.70	28	-200	1.80	1.20	0.10	7.30
Effect of Exchange Rate Changes	-20	-3.20	-5.50	17	-13	11	-4.50	-1.10	1.80	-4.50	3.20

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	70	-36	20	5.60	25	10	-53	57	58	40	-27
Net Cash From Operating Activities	104	58	54	85	91	64	43	111	101	92	46
Net Cash From Continuing Operating Activities	104	56	54	85	91	64	43	111	101	92	46
Net Income / (Loss) Continuing Operations	41	14	34	46	44	36	44	51	62	42	59
Consolidated Net Income / (Loss)	41	14	34	46	44	36	44	51	62	42	59
Depreciation Expense	7.00	6.90	6.90	6.90	7.10	8.30	8.00	7.50	7.10	7.40	6.40
Amortization Expense	15	15	15	15	15	15	15	15	15	15	15
Non-Cash Adjustments To Reconcile Net Income	12	-0.40	17	11	11	12	10	10	0.50	17	13
Changes in Operating Assets and Liabilities, net	29	21	-19	6.80	14	-7.60	-34	28	17	10	-47
Net Cash From Investing Activities	-4.80	2.00	-2.10	-4.90	-4.10	-9.10	-4.30	-9.00	-7.40	-9.20	-3.40
Net Cash From Continuing Investing Activities	-4.80	2.00	-2.10	-4.90	-4.10	-9.10	-4.30	-9.00	-7.40	-9.20	-3.40
Purchase of Property, Plant & Equipment	-4.80	-5.40	-3.70	-4.90	-4.10	-9.10	-4.30	-9.00	-7.40	-9.20	-3.40
Net Cash From Financing Activities	-28	-98	-31	-73	-62	-42	-92	-47	-35	-43	-69
Net Cash From Continuing Financing Activities	-28	-98	-31	-73	-62	-42	-92	-47	-35	-43	-69
Repayment of Debt	-1.60	-60	-0.20	-0.20	-0.20	-0.20	-0.20	-0.20	-0.20	-0.20	-3.30
Repurchase of Common Equity	-13	-25	-19	-61	-50	-20	-77	-33	-25	-25	-50
Payment of Dividends	-12	-14	-14	-14	-14	-15	-15	-15	-15	-19	-18
Other Financing Activities, net	-1.20	1.20	2.10	1.70	2.20	-5.90	0.70	1.20	4.90	0.50	2.50
Effect of Exchange Rate Changes	-0.60	1.10	-0.50	-1.30	-	-2.70	0.20	2.20	-0.30	1.10	-0.50

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,409	3,355	3,539	3,424	3,260	3,401	1,078	2,864	2,667	2,649	2,679
Total Current Assets	1,128	1,176	1,178	998	983	908	475	758	668	722	812
Cash & Equivalents	370	485	490	193	293	62	97	125	137	198	301
Accounts Receivable	336	318	323	315	334	104	144	220	210	202	185
Inventories, net	368	327	315	304	317	136	185	367	278	273	274
Current Deferred & Refundable Income Taxes	-	-	11	18	-	8.50	33	18	17	20	13
Other Current Assets	54	47	39	38	40	11	17	28	26	30	39
Plant, Property, & Equipment, net	418	397	401	397	383	70	64	184	180	164	158
Total Noncurrent Assets	1,864	1,782	1,960	2,030	1,894	2,424	539	1,923	1,819	1,762	1,710
Goodwill	1,202	1,194	1,318	1,276	1,300	245	254	777	796	794	795
Intangible Assets	588	521	559	531	512	200	179	1,010	952	892	835
Other Noncurrent Operating Assets	39	67	84	114	83	38	39	64	71	77	80
Total Liabilities & Shareholders' Equity	3,409	3,355	3,539	3,424	3,260	3,401	1,078	2,864	2,667	2,649	2,679
Total Liabilities	2,857	2,767	2,469	2,211	2,029	1,962	951	1,249	1,064	1,062	1,076
Total Current Liabilities	433	404	400	454	397	318	240	289	221	248	259
Short-Term Debt	24	20	17	3.90	1.20	0.30	5.60	5.70	0.90	0.80	0.90
Accounts Payable	234	201	198	190	192	41	105	117	56	72	65
Current Employee Benefit Liabilities	59	59	59	68	67	15	23	21	32	39	42
Other Current Liabilities	116	124	127	127	137	61	106	146	132	136	151
Total Noncurrent Liabilities	2,424	2,362	2,068	1,757	1,632	1,644	711	960	843	814	817
Long-Term Debt	1,916	1,900	1,606	1,352	1,237	1,118	534	530	494	495	496
Noncurrent Deferred & Payable Income Tax Liabilities	203	186	209	149	126	8.00	3.10	221	210	197	190
Noncurrent Employee Benefit Liabilities	203	196	174	163	158	80	57	51	37	14	9.60
Other Noncurrent Operating Liabilities	67	81	79	78	111	32	51	79	102	109	122
Total Equity & Noncontrolling Interests	553	588	1,071	1,213	1,231	1,439	126	1,615	1,603	1,587	1,603
Total Preferred & Common Equity	553	589	1,071	1,213	1,229	1,436	126	1,615	1,603	1,587	1,603
Total Common Equity	553	589	1,071	1,213	1,229	1,436	126	1,615	1,603	1,587	1,603
Common Stock	887	857	1,263	1,279	1,295	1,394	1,438	2,855	2,849	2,830	2,812
Retained Earnings	-198	-130	-56	8.00	31	116	-1,237	-1,165	-1,178	-1,169	-1,132
Accumulated Other Comprehensive Income / (Loss)	-130	-139	-137	-74	-97	-74	-75	-75	-68	-74	-77

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

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	2,927	2,810	2,802	2,813	2,664	2,682	2,705	2,608	2,654	2,684	2,684
Total Current Assets	801	682	689	721	697	723	755	697	754	801	837
Cash & Equivalents	72	75	103	173	157	163	188	145	202	260	274
Accounts Receivable	269	223	243	234	223	240	242	243	240	232	243
Inventories, net	400	349	314	284	287	276	279	281	276	273	292
Current Deferred & Refundable Income Taxes	25	10	4.20	4.00	7.60	0.70	5.00	4.90	2.50	5.80	1.80
Other Current Assets	35	25	25	26	22	44	41	24	34	29	26
Plant, Property, & Equipment, net	203	202	193	189	172	169	165	161	162	163	156
Total Noncurrent Assets	1,924	1,927	1,921	1,903	1,796	1,790	1,784	1,750	1,738	1,721	1,692
Goodwill	755	791	796	795	794	795	797	794	796	794	794
Intangible Assets	1,019	995	981	966	937	922	908	877	864	849	820
Other Noncurrent Operating Assets	84	69	71	69	65	72	79	79	79	77	77
Total Liabilities & Shareholders' Equity	2,927	2,810	2,802	2,813	2,664	2,682	2,705	2,608	2,654	2,684	2,684
Total Liabilities	1,308	1,211	1,213	1,201	1,050	1,087	1,118	1,060	1,090	1,093	1,078
Total Current Liabilities	329	230	232	230	211	255	279	243	278	288	259
Short-Term Debt	5.70	6.30	6.30	6.30	0.90	0.90	0.90	0.80	0.80	0.90	1.40
Accounts Payable	145	84	67	61	70	78	95	95	89	82	99
Current Employee Benefit Liabilities	29	11	22	27	17	28	34	23	35	42	19
Other Current Liabilities	150	128	136	136	123	149	149	124	153	163	139
Total Noncurrent Liabilities	980	981	982	972	840	832	839	818	812	804	819
Long-Term Debt	531	550	549	548	495	495	495	495	495	496	498
Noncurrent Deferred & Payable Income Tax Liabilities	230	217	211	206	209	197	193	195	186	183	192
Noncurrent Employee Benefit Liabilities	59	51	52	53	37	38	39	14	14	8.80	9.50
Other Noncurrent Operating Liabilities	94	83	91	86	99	102	112	114	117	117	120
Total Equity & Noncontrolling Interests	1,619	1,600	1,589	1,612	1,614	1,594	1,587	1,548	1,564	1,592	1,607
Total Preferred & Common Equity	1,619	1,600	1,589	1,612	1,614	1,594	1,587	1,548	1,564	1,592	1,607
Total Common Equity	1,619	1,600	1,589	1,612	1,614	1,594	1,587	1,548	1,564	1,592	1,607
Common Stock	2,852	2,854	2,855	2,852	2,847	2,844	2,843	2,826	2,820	2,819	2,808
Retained Earnings	-1,154	-1,179	-1,195	-1,167	-1,163	-1,178	-1,185	-1,203	-1,186	-1,149	-1,123
Accumulated Other Comprehensive Income / (Loss)	-79	-75	-72	-74	-70	-72	-71	-75	-70	-78	-78

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

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	3/31/2015	3/31/2016	3/31/2017	3/31/2018	3/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.78%	-6.17%	-10.98%	8.12%	10.76%	-63.62%	22.09%	40.72%	19.40%	2.35%	8.26%
EBITDA Growth	-15.27%	-5.15%	5.56%	16.45%	9.35%	-50.92%	-4.88%	-11.73%	66.63%	20.18%	14.10%
EBIT Growth	-23.63%	-9.72%	14.66%	33.14%	12.26%	-65.39%	2.19%	1.21%	69.30%	29.59%	19.15%
NOPAT Growth	-62.07%	-18.90%	24.36%	69.39%	-19.34%	-65.93%	25.53%	-28.22%	86.49%	38.21%	11.51%
Net Income Growth	183.11%	-19.45%	9.78%	2.56%	-54.87%	327.70%	-17.59%	-48.97%	82.66%	42.15%	23.60%
EPS Growth	166.67%	-17.50%	-3.03%	-3.13%	-54.84%	325.00%	-18.49%	-58.76%	60.00%	43.75%	25.00%
Operating Cash Flow Growth	28.88%	-10.94%	-10.91%	17.12%	12.95%	24.06%	-30.17%	-56.62%	161.75%	15.60%	18.06%
Free Cash Flow Firm Growth	-37.06%	5.04%	-102.53%	4,761.33%	-1.85%	508.53%	-93.63%	-1,391.16%	114.49%	32.01%	11.22%
Invested Capital Growth	-2.52%	-4.66%	8.88%	0.57%	-1.77%	-73.58%	-0.99%	255.89%	-3.19%	-3.93%	-4.52%
Revenue Q/Q Growth	-0.17%	-1.33%	-10.21%	13.48%	0.96%	-63.20%	1,501.38%	9.20%	1.09%	0.90%	2.20%
EBITDA Q/Q Growth	-8.78%	-3.60%	22.52%	-1.74%	-1.25%	-49.91%	177.36%	15.65%	1.42%	6.00%	2.84%
EBIT Q/Q Growth	-14.12%	-6.09%	41.94%	-1.63%	-0.65%	-64.95%	518.29%	6.46%	3.25%	7.67%	4.14%
NOPAT Q/Q Growth	8.48%	-29.47%	10.72%	5.06%	-1.96%	-65.00%	682.25%	-14.39%	5.33%	12.63%	2.50%
Net Income Q/Q Growth	-8.42%	-32.70%	60.74%	-54.02%	145.79%	-6.62%	-46.07%	426.46%	-0.27%	16.34%	2.96%
EPS Q/Q Growth	-13.04%	-31.25%	45.45%	-52.31%	144.44%	-9.85%	-46.11%	433.33%	14.29%	17.95%	2.68%
Operating Cash Flow Q/Q Growth	-7.00%	-4.41%	2.20%	17.24%	2.46%	-8.64%	-31.89%	1,110.42%	-9.35%	1.87%	8.83%
Free Cash Flow Firm Q/Q Growth	-9.89%	-11.65%	-675.42%	89.68%	-28.93%	959.70%	197.68%	-483.06%	-8.83%	-0.17%	8.79%
Invested Capital Q/Q Growth	-0.22%	-1.54%	-0.35%	-5.41%	-0.86%	-74.64%	-75.88%	-2.76%	-1.57%	-0.52%	-1.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	36.40%	34.58%	36.58%	38.16%	38.27%	45.33%	40.97%	36.32%	42.35%	45.13%	45.10%
EBITDA Margin	15.16%	15.32%	18.17%	19.57%	19.32%	26.07%	20.31%	12.74%	17.78%	20.87%	22.00%
Operating Margin	9.94%	9.06%	11.87%	14.39%	14.90%	14.44%	11.75%	8.36%	12.51%	15.61%	16.45%
EBIT Margin	9.58%	9.22%	11.88%	14.63%	14.82%	14.10%	11.80%	8.49%	12.04%	15.24%	16.77%
Profit (Net Income) Margin	4.09%	3.51%	4.33%	4.10%	1.67%	19.66%	13.27%	4.81%	7.36%	10.23%	11.68%
Tax Burden Percent	77.16%	78.49%	69.06%	40.62%	14.36%	385.04%	230.73%	73.63%	76.77%	77.39%	77.25%
Interest Burden Percent	55.27%	48.48%	52.75%	69.09%	78.55%	36.22%	48.74%	77.02%	79.70%	86.72%	90.12%
Effective Tax Rate	15.47%	19.88%	14.54%	-10.42%	22.36%	24.93%	5.15%	31.98%	29.02%	23.24%	24.93%
Return on Invested Capital (ROIC)	8.01%	6.74%	8.22%	13.31%	10.80%	5.88%	17.74%	5.61%	6.81%	9.76%	11.37%
ROIC Less NNEP Spread (ROIC-NNEP)	2.46%	1.94%	0.46%	-7.12%	-10.03%	168.08%	8.52%	3.00%	0.80%	1.36%	6.76%
Return on Net Nonoperating Assets (RNNOA)	7.02%	5.10%	0.72%	-6.66%	-8.00%	5.11%	-2.29%	1.47%	0.19%	0.28%	1.05%
Return on Equity (ROE)	15.03%	11.83%	8.94%	6.66%	2.81%	10.99%	15.44%	7.09%	7.00%	10.05%	12.41%
Cash Return on Invested Capital (CROIC)	10.56%	11.51%	-0.29%	12.75%	12.59%	122.29%	18.73%	-106.65%	10.06%	13.77%	15.99%
Operating Return on Assets (OROA)	5.79%	5.25%	5.90%	7.78%	9.10%	3.16%	4.80%	5.52%	6.66%	8.98%	10.68%
Return on Assets (ROA)	2.47%	2.00%	2.15%	2.18%	1.03%	4.40%	5.40%	3.13%	4.08%	6.03%	7.43%
Return on Common Equity (ROCE)	15.04%	11.84%	8.94%	6.66%	2.80%	10.97%	15.41%	7.09%	7.00%	10.05%	12.41%
Return on Equity Simple (ROE_SIMPLE)	15.16%	11.47%	6.92%	6.27%	2.79%	10.21%	95.65%	3.82%	7.03%	10.10%	0.00%
Net Operating Profit after Tax (NOPAT)	172	140	174	294	237	81	101	73	136	188	209
NOPAT Margin	8.40%	7.26%	10.14%	15.89%	11.57%	10.84%	11.14%	5.68%	8.88%	11.99%	12.35%
Net Nonoperating Expense Percent (NNEP)	5.55%	4.80%	7.75%	20.43%	20.83%	-162.20%	9.21%	2.61%	6.02%	8.40%	4.61%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	3.39%	6.48%	9.02%	9.97%
Cost of Revenue to Revenue	63.60%	65.42%	63.42%	61.84%	61.73%	54.67%	59.03%	63.68%	57.65%	54.87%	54.90%
SG&A Expenses to Revenue	20.25%	20.05%	20.79%	21.27%	21.12%	27.62%	26.24%	24.11%	24.26%	24.88%	24.62%
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	26.46%	25.52%	24.71%	23.77%	23.37%	30.89%	29.22%	27.96%	29.84%	29.52%	28.65%
Earnings before Interest and Taxes (EBIT)	197	177	203	271	304	105	108	109	184	239	284
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	311	295	311	362	396	195	185	163	272	327	373
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.68	3.32	2.13	2.43	2.05	3.19	33.87	2.27	3.13	3.99	4.85
Price to Tangible Book Value (P/TBV)	0.00	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)	1.26	1.02	1.33	1.59	1.23	6.13	4.70	2.86	3.28	4.04	4.59
Price to Earnings (P/E)	30.91	28.80	34.09	55.87	226.39	31.20	35.42	59.36	44.54	39.52	39.29
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.84%	0.85%	0.97%	1.27%	1.10%	0.82%
Earnings Yield	3.24%	3.47%	2.93%	1.79%	0.44%	3.21%	2.82%	1.68%	2.25%	2.53%	2.54%
Enterprise Value to Invested Capital (EV/IC)	1.96	1.68	1.55	1.85	1.59	9.80	8.30	2.01	2.74	3.52	4.43
Enterprise Value to Revenue (EV/Rev)	2.03	1.76	1.99	2.22	1.69	7.55	5.19	3.18	3.51	4.23	4.70
Enterprise Value to EBITDA (EV/EBITDA)	13.38	11.50	10.96	11.33	8.73	28.97	25.54	24.95	19.77	20.27	21.38
Enterprise Value to EBIT (EV/EBIT)	21.17	19.11	16.77	15.17	11.38	53.57	43.95	37.44	29.20	27.77	28.05
Enterprise Value to NOPAT (EV/NOPAT)	24.16	24.28	19.64	13.96	14.59	69.71	46.55	55.92	39.59	35.30	38.10
Enterprise Value to Operating Cash Flow (EV/OCF)	16.92	15.48	17.48	17.97	13.41	17.60	21.13	42.00	21.18	22.58	23.02
Enterprise Value to Free Cash Flow (EV/FCFF)	18.32	14.21	0.00	14.58	12.52	3.35	44.08	0.00	26.82	25.03	27.09
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.51	3.27	1.52	1.12	1.01	0.78	4.27	0.33	0.31	0.31	0.31
Long-Term Debt to Equity	3.47	3.23	1.50	1.11	1.00	0.78	4.22	0.33	0.31	0.31	0.31
Financial Leverage	2.86	2.63	1.55	0.94	0.80	0.03	-0.27	0.49	0.24	0.21	0.15
Leverage Ratio	6.09	5.93	4.16	3.05	2.73	2.49	2.86	2.26	1.72	1.67	1.67
Compound Leverage Factor	3.37	2.87	2.19	2.11	2.15	0.90	1.39	1.74	1.37	1.45	1.51
Debt to Total Capital	77.83%	76.56%	60.25%	52.79%	50.14%	43.72%	81.02%	24.92%	23.61%	23.80%	23.65%
Short-Term Debt to Total Capital	0.97%	0.81%	0.61%	0.15%	0.05%	0.01%	0.84%	0.27%	0.04%	0.04%	0.04%
Long-Term Debt to Total Capital	76.85%	75.75%	59.64%	52.64%	50.09%	43.71%	80.18%	24.65%	23.56%	23.76%	23.60%
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	-0.01%	-0.02%	0.00%	0.00%	0.10%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	22.18%	23.47%	39.75%	47.21%	49.76%	56.16%	18.98%	75.08%	76.39%	76.20%	76.35%
Debt to EBITDA	6.24	6.51	5.21	3.74	3.12	5.75	2.92	3.28	1.82	1.52	1.33
Net Debt to EBITDA	5.05	4.87	3.64	3.21	2.39	5.43	2.39	2.52	1.32	0.91	0.53
Long-Term Debt to EBITDA	6.16	6.44	5.16	3.73	3.12	5.75	2.89	3.25	1.82	1.51	1.33
Debt to NOPAT	11.27	13.75	9.34	4.61	5.22	13.83	5.32	7.36	3.65	2.64	2.37
Net Debt to NOPAT	9.12	10.28	6.52	3.95	3.99	13.06	4.36	5.64	2.64	1.59	0.94
Long-Term Debt to NOPAT	11.13	13.61	9.25	4.60	5.21	13.83	5.26	7.28	3.64	2.64	2.37
Altman Z-Score	1.50	1.39	1.47	1.79	1.91	1.98	2.53	1.96	3.21	4.06	4.98
Noncontrolling Interest Sharing Ratio	-0.04%	-0.07%	-0.04%	0.00%	0.10%	0.20%	0.19%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.60	2.91	2.94	2.20	2.48	2.86	1.98	2.62	3.02	2.91	3.13
Quick Ratio	1.63	1.98	2.03	1.12	1.58	0.52	1.00	1.19	1.57	1.62	1.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	227	239	-6.04	282	276	1,682	107	-1,384	201	265	294
Operating Cash Flow to CapEx	509.11%	473.00%	387.87%	649.15%	642.04%	909.66%	2,484.44%	1,539.68%	1,866.91%	1,452.97%	1,158.86%
Free Cash Flow to Firm to Interest Expense	2.58	2.61	-0.06	3.24	4.21	36.65	1.95	-51.45	5.09	8.00	10.30
Operating Cash Flow to Interest Expense	2.80	2.40	2.03	2.63	3.93	6.98	4.06	3.61	6.44	8.87	12.12
Operating Cash Flow Less CapEx to Interest Expense	2.25	1.89	1.51	2.22	3.32	6.21	3.89	3.37	6.10	8.26	11.07
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.60	0.57	0.50	0.53	0.61	0.22	0.41	0.65	0.55	0.59	0.64
Accounts Receivable Turnover	5.82	5.89	5.35	5.81	6.32	3.41	7.35	7.05	7.12	7.60	8.76
Inventory Turnover	3.59	3.62	3.38	3.70	4.08	1.80	3.35	2.96	2.74	3.12	3.40
Fixed Asset Turnover	4.88	4.72	4.29	4.64	5.26	3.30	13.60	10.33	8.41	9.10	10.55
Accounts Payable Turnover	5.49	5.79	5.45	5.91	6.64	3.50	7.35	7.35	10.18	13.42	13.60
Days Sales Outstanding (DSO)	62.69	62.00	68.26	62.84	57.75	107.11	49.63	51.80	51.26	48.05	41.65
Days Inventory Outstanding (DIO)	101.80	100.76	107.89	98.65	89.46	202.50	108.81	123.23	133.26	116.83	107.21
Days Payable Outstanding (DPO)	66.51	63.06	66.98	61.79	55.01	104.25	49.69	49.63	35.84	27.20	26.83
Cash Conversion Cycle (CCC)	97.99	99.70	109.17	99.71	92.20	205.36	108.75	125.40	148.68	137.67	122.03
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,122	2,024	2,203	2,216	2,177	575	569	2,026	1,961	1,884	1,799
Invested Capital Turnover	0.95	0.93	0.81	0.84	0.93	0.54	1.59	0.99	0.77	0.81	0.92
Increase / (Decrease) in Invested Capital	-55	-99	180	13	-39	-1,602	-5.70	1,457	-65	-77	-85
Enterprise Value (EV)	4,159	3,390	3,410	4,107	3,461	5,636	4,725	4,074	5,379	6,628	7,976
Market Capitalization	2,590	1,956	2,277	2,944	2,513	4,577	4,282	3,663	5,020	6,330	7,780
Book Value per Share	$5.44	$5.81	$10.35	$11.66	$11.73	$11.94	$1.04	$9.08	$9.27	$9.35	$9.58
Tangible Book Value per Share	($12.16)	($11.11)	($7.79)	($5.72)	($5.56)	$8.24	($2.53)	($0.97)	($0.84)	($0.58)	($0.16)
Total Capital	2,493	2,508	2,693	2,569	2,469	2,558	666	2,151	2,098	2,082	2,100
Total Debt	1,940	1,920	1,623	1,356	1,238	1,118	540	536	495	496	497
Total Long-Term Debt	1,916	1,900	1,606	1,352	1,237	1,118	534	530	494	495	496
Net Debt	1,570	1,436	1,133	1,163	946	1,056	443	411	359	298	196
Capital Expenditures (CapEx)	48	46	50	35	40	35	9.00	6.30	14	20	30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	349	307	304	354	295	528	143	349	311	277	253
Debt-free Net Working Capital (DFNWC)	719	792	794	547	587	591	240	474	448	475	553
Net Working Capital (NWC)	695	772	778	544	586	590	234	468	447	474	552
Net Nonoperating Expense (NNE)	88	72	100	218	203	-66	-19	11	23	28	11
Net Nonoperating Obligations (NNO)	1,570	1,436	1,133	1,003	946	-864	443	411	359	298	196
Total Depreciation and Amortization (D&A)	114	117	108	92	92	89	78	55	88	88	89
Debt-free, Cash-free Net Working Capital to Revenue	17.00%	15.97%	17.76%	19.13%	14.36%	70.79%	15.74%	27.24%	20.33%	17.69%	14.90%
Debt-free Net Working Capital to Revenue	35.06%	41.16%	46.38%	29.56%	28.63%	79.14%	26.35%	36.97%	29.26%	30.33%	32.62%
Net Working Capital to Revenue	33.88%	40.11%	45.42%	29.35%	28.57%	79.10%	25.73%	36.53%	29.20%	30.28%	32.57%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.65	$0.51	$0.00	$0.00	$1.00	$0.41	$0.65	$0.93	$1.17
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	102.75M	103.89M	0.00	0.00	121.49M	151.58M	174.25M	171.69M	168.66M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.64	$0.50	$0.00	$0.00	$0.97	$0.40	$0.64	$0.92	$1.15
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	104.78M	106.00M	0.00	0.00	125.11M	153.84M	177.26M	174.66M	171.26M
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	0.00	0.00	103.66M	104.20M	0.00	0.00	125.78M	176.07M	172.00M	170.06M	166.80M
Normalized Net Operating Profit after Tax (NOPAT)	183	168	196	196	247	82	105	83	147	198	217
Normalized NOPAT Margin	8.93%	8.71%	11.44%	10.60%	12.03%	11.04%	11.53%	6.50%	9.59%	12.65%	12.77%
Pre Tax Income Margin	5.30%	4.47%	6.27%	10.10%	11.64%	5.11%	5.75%	6.54%	9.59%	13.21%	15.11%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.24	1.94	2.12	3.11	4.63	2.29	1.95	4.04	4.68	7.21	9.94
NOPAT to Interest Expense	1.96	1.53	1.81	3.38	3.62	1.76	1.84	2.71	3.45	5.67	7.32
EBIT Less CapEx to Interest Expense	1.69	1.43	1.59	2.71	4.02	1.53	1.79	3.81	4.33	6.60	8.90
NOPAT Less CapEx to Interest Expense	1.41	1.02	1.28	2.98	3.00	0.99	1.68	2.47	3.10	5.06	6.28
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	5.94%	30.53%	67.64%	26.31%	30.11%	52.67%	44.72%	35.33%	32.27%
Augmented Payout Ratio	0.00%	59.26%	5.94%	30.53%	67.64%	121.75%	30.85%	92.71%	155.72%	129.09%	113.03%

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

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	166,797,974.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	166,797,974.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.35
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.62%	4.85%	0.46%	2.18%	2.91%	3.90%	4.01%	7.89%	11.07%	9.85%	11.37%
EBITDA Growth	555.37%	12.72%	14.51%	17.65%	14.25%	40.59%	17.30%	6.20%	19.21%	14.51%	20.91%
EBIT Growth	706.32%	36.32%	25.42%	24.65%	19.27%	65.74%	22.39%	7.54%	25.47%	23.59%	31.07%
NOPAT Growth	727.31%	44.75%	35.02%	34.76%	14.00%	104.81%	10.15%	8.64%	15.50%	11.19%	35.71%
Net Income Growth	316.75%	-2.11%	50.44%	32.95%	5.07%	161.87%	27.11%	9.78%	42.07%	15.66%	35.09%
EPS Growth	318.18%	800.00%	46.15%	35.00%	4.17%	200.00%	36.84%	7.41%	44.00%	14.29%	34.62%
Operating Cash Flow Growth	320.73%	-31.04%	978.00%	-2.41%	-12.17%	9.28%	-20.41%	29.96%	11.44%	44.18%	7.46%
Free Cash Flow Firm Growth	-49.71%	105.93%	112.30%	112.38%	10.13%	39.87%	-41.91%	-24.29%	-16.28%	10.76%	30.42%
Invested Capital Growth	-4.37%	-3.19%	-6.20%	-5.58%	-4.94%	-3.93%	-2.72%	-3.57%	-3.51%	-4.52%	-3.52%
Revenue Q/Q Growth	-1.19%	-10.44%	4.76%	10.22%	-0.49%	-9.59%	4.88%	14.33%	2.45%	-10.58%	6.34%
EBITDA Q/Q Growth	1.41%	-36.32%	39.81%	25.34%	-1.52%	-21.63%	21.27%	13.47%	10.54%	-24.72%	28.04%
EBIT Q/Q Growth	2.13%	-49.83%	67.64%	35.71%	-2.28%	-30.28%	32.36%	19.24%	14.02%	-31.32%	40.37%
NOPAT Q/Q Growth	13.40%	-53.13%	102.35%	25.29%	-4.07%	-15.79%	8.83%	23.57%	1.99%	-18.92%	32.82%
Net Income Q/Q Growth	19.65%	-66.43%	146.76%	34.11%	-5.43%	-16.32%	19.78%	15.83%	22.38%	-31.88%	39.91%
EPS Q/Q Growth	20.00%	-70.83%	171.43%	42.11%	-7.41%	-16.00%	23.81%	11.54%	24.14%	-33.33%	45.83%
Operating Cash Flow Q/Q Growth	18.69%	-43.77%	-7.39%	57.89%	6.82%	-30.03%	-32.55%	157.81%	-8.41%	-9.48%	-49.73%
Free Cash Flow Firm Q/Q Growth	110.06%	-36.84%	100.22%	-2.72%	-10.48%	-19.78%	-16.84%	26.77%	-1.00%	6.13%	-2.08%
Invested Capital Q/Q Growth	-2.37%	-1.57%	-0.47%	-1.28%	-1.71%	-0.52%	0.78%	-2.14%	-1.65%	-1.56%	1.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.65%	43.69%	45.51%	45.22%	46.20%	43.49%	46.55%	45.51%	44.07%	44.40%	47.53%
EBITDA Margin	19.90%	14.15%	19.64%	22.33%	22.10%	19.15%	22.15%	21.98%	23.72%	19.97%	24.04%
Operating Margin	15.09%	9.19%	14.23%	17.45%	17.12%	13.30%	16.31%	17.46%	17.02%	14.83%	18.96%
EBIT Margin	14.46%	8.10%	13.86%	17.06%	16.76%	12.92%	16.31%	17.01%	18.93%	14.54%	19.19%
Profit (Net Income) Margin	10.39%	3.90%	9.18%	11.17%	10.61%	9.82%	11.21%	11.36%	13.57%	10.34%	13.60%
Tax Burden Percent	86.79%	65.26%	79.77%	74.43%	72.02%	87.08%	77.72%	74.37%	78.13%	79.14%	76.59%
Interest Burden Percent	82.81%	73.70%	83.01%	87.91%	87.92%	87.27%	88.49%	89.81%	91.76%	89.86%	92.54%
Effective Tax Rate	26.21%	36.62%	20.93%	26.70%	27.98%	13.64%	26.92%	26.22%	24.65%	21.62%	23.41%
Return on Invested Capital (ROIC)	8.27%	4.47%	8.55%	9.94%	9.85%	9.36%	9.79%	10.98%	11.43%	10.71%	13.54%
ROIC Less NNEP Spread (ROIC-NNEP)	7.57%	2.68%	6.66%	8.23%	7.80%	7.47%	8.99%	8.83%	12.69%	8.58%	12.16%
Return on Net Nonoperating Assets (RNNOA)	1.98%	0.64%	1.70%	2.03%	1.68%	1.54%	1.96%	1.75%	2.17%	1.33%	2.22%
Return on Equity (ROE)	10.25%	5.11%	10.25%	11.97%	11.53%	10.89%	11.75%	12.74%	13.61%	12.03%	15.77%
Cash Return on Invested Capital (CROIC)	10.79%	10.06%	13.69%	13.83%	13.65%	13.77%	12.73%	14.02%	14.54%	15.99%	15.69%
Operating Return on Assets (OROA)	7.63%	4.48%	7.76%	9.59%	9.43%	7.62%	9.78%	10.29%	11.66%	9.26%	12.62%
Return on Assets (ROA)	5.48%	2.16%	5.14%	6.28%	5.97%	5.79%	6.73%	6.87%	8.36%	6.58%	8.94%
Return on Common Equity (ROCE)	10.25%	5.11%	10.25%	11.97%	11.53%	10.89%	11.75%	12.74%	13.61%	12.03%	15.77%
Return on Equity Simple (ROE_SIMPLE)	7.01%	0.00%	7.70%	8.50%	8.68%	0.00%	10.95%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	44	21	42	53	51	43	46	57	58	47	63
NOPAT Margin	11.13%	5.83%	11.25%	12.79%	12.33%	11.49%	11.92%	12.88%	12.82%	11.63%	14.52%
Net Nonoperating Expense Percent (NNEP)	0.70%	1.79%	1.89%	1.71%	2.05%	1.88%	0.79%	2.16%	-1.25%	2.12%	1.38%
Return On Investment Capital (ROIC_SIMPLE)	-	0.99%	-	-	-	2.04%	2.27%	2.78%	2.80%	2.25%	2.99%
Cost of Revenue to Revenue	57.35%	56.31%	54.49%	54.78%	53.80%	56.51%	53.45%	54.49%	55.93%	55.60%	52.47%
SG&A Expenses to Revenue	23.32%	26.23%	25.66%	24.00%	24.80%	25.17%	26.03%	24.34%	23.43%	24.93%	24.99%
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	27.56%	34.50%	31.27%	27.77%	29.07%	30.19%	30.25%	28.05%	27.05%	29.57%	28.57%
Earnings before Interest and Taxes (EBIT)	58	29	52	70	69	48	63	76	86	59	83
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	79	51	73	92	91	71	86	98	108	81	104
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.96	3.13	3.57	3.18	3.87	3.99	3.62	3.93	4.95	4.85	4.65
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)	3.15	3.28	3.76	3.29	3.96	4.04	3.55	3.81	4.75	4.59	4.30
Price to Earnings (P/E)	42.23	44.54	46.34	37.35	44.61	39.52	33.09	35.36	40.98	39.29	35.06
Dividend Yield	1.01%	1.27%	1.38%	1.60%	1.34%	1.10%	1.03%	0.96%	0.77%	0.82%	0.89%
Earnings Yield	2.37%	2.25%	2.16%	2.68%	2.24%	2.53%	3.02%	2.83%	2.44%	2.54%	2.85%
Enterprise Value to Invested Capital (EV/IC)	2.59	2.74	3.12	2.80	3.41	3.52	3.14	3.47	4.44	4.43	4.20
Enterprise Value to Revenue (EV/Rev)	3.40	3.51	3.98	3.50	4.15	4.23	3.77	3.99	4.89	4.70	4.43
Enterprise Value to EBITDA (EV/EBITDA)	19.21	19.77	21.50	18.16	20.91	20.27	17.54	18.67	22.37	21.38	19.70
Enterprise Value to EBIT (EV/EBIT)	28.88	29.20	30.98	25.63	29.10	27.77	23.81	25.22	29.72	28.05	25.34
Enterprise Value to NOPAT (EV/NOPAT)	39.95	39.59	41.48	33.62	38.70	35.30	31.03	32.80	39.73	38.10	34.11
Enterprise Value to Operating Cash Flow (EV/OCF)	18.40	21.18	20.12	17.95	22.39	22.58	21.10	20.93	25.49	23.02	22.03
Enterprise Value to Free Cash Flow (EV/FCFF)	23.42	26.82	22.08	19.67	24.32	25.03	24.31	24.29	29.99	27.09	26.33
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.34	0.31	0.31	0.31	0.31	0.31	0.32	0.32	0.31	0.31	0.31
Long-Term Debt to Equity	0.34	0.31	0.31	0.31	0.31	0.31	0.32	0.32	0.31	0.31	0.31
Financial Leverage	0.26	0.24	0.26	0.25	0.22	0.21	0.22	0.20	0.17	0.15	0.18
Leverage Ratio	1.78	1.72	1.70	1.72	1.73	1.67	1.67	1.69	1.70	1.67	1.68
Compound Leverage Factor	1.47	1.27	1.41	1.51	1.52	1.45	1.48	1.52	1.56	1.50	1.55
Debt to Total Capital	25.59%	23.61%	23.49%	23.71%	23.80%	23.80%	24.26%	24.07%	23.78%	23.65%	23.70%
Short-Term Debt to Total Capital	0.29%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.07%
Long-Term Debt to Total Capital	25.30%	23.56%	23.44%	23.67%	23.76%	23.76%	24.22%	24.03%	23.73%	23.60%	23.63%
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	74.41%	76.39%	76.51%	76.29%	76.20%	76.20%	75.74%	75.93%	76.22%	76.35%	76.30%
Debt to EBITDA	2.07	1.82	1.75	1.67	1.61	1.52	1.46	1.44	1.37	1.33	1.28
Net Debt to EBITDA	1.42	1.32	1.19	1.12	1.00	0.91	1.03	0.85	0.65	0.53	0.58
Long-Term Debt to EBITDA	2.04	1.82	1.74	1.66	1.60	1.51	1.46	1.43	1.37	1.33	1.27
Debt to NOPAT	4.30	3.65	3.37	3.09	2.97	2.64	2.58	2.52	2.43	2.37	2.21
Net Debt to NOPAT	2.95	2.64	2.30	2.07	1.85	1.59	1.83	1.50	1.16	0.94	1.00
Long-Term Debt to NOPAT	4.25	3.64	3.37	3.08	2.97	2.64	2.58	2.52	2.43	2.37	2.20
Altman Z-Score	2.62	3.02	3.53	3.05	3.55	3.83	3.42	3.68	4.68	4.70	4.59
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.14	3.02	3.31	2.84	2.70	2.91	2.87	2.71	2.78	3.13	3.24
Quick Ratio	1.77	1.57	1.80	1.58	1.54	1.62	1.60	1.59	1.71	1.87	2.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	135	85	171	167	149	120	99	126	125	132	130
Operating Cash Flow to CapEx	2,156.25%	0.00%	2,566.67%	1,736.73%	2,217.07%	698.90%	997.67%	1,228.89%	1,368.92%	996.74%	1,355.88%
Free Cash Flow to Firm to Interest Expense	13.67	8.91	19.45	19.59	17.96	15.94	13.62	16.37	17.58	20.38	20.92
Operating Cash Flow to Interest Expense	10.45	6.06	6.13	10.01	10.95	8.48	5.88	14.36	14.27	14.11	7.44
Operating Cash Flow Less CapEx to Interest Expense	9.97	6.27	5.89	9.44	10.46	7.27	5.29	13.19	13.23	12.69	6.89
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.53	0.55	0.56	0.56	0.56	0.59	0.60	0.61	0.62	0.64	0.66
Accounts Receivable Turnover	6.02	7.12	6.87	6.38	6.52	7.60	6.79	6.72	6.99	8.76	7.17
Inventory Turnover	2.67	2.74	2.71	2.91	3.02	3.12	3.05	3.19	3.31	3.40	3.32
Fixed Asset Turnover	7.72	8.41	8.22	8.54	8.76	9.10	9.52	9.76	10.12	10.55	11.00
Accounts Payable Turnover	8.89	10.18	11.19	11.88	10.95	13.42	10.46	10.55	10.34	13.60	9.80
Days Sales Outstanding (DSO)	60.63	51.26	53.11	57.17	55.99	48.05	53.74	54.30	52.21	41.65	50.92
Days Inventory Outstanding (DIO)	136.92	133.26	134.46	125.38	120.73	116.83	119.86	114.46	110.15	107.21	110.00
Days Payable Outstanding (DPO)	41.04	35.84	32.62	30.73	33.33	27.20	34.91	34.59	35.31	26.83	37.25
Cash Conversion Cycle (CCC)	156.50	148.68	154.96	151.82	143.39	137.67	138.69	134.17	127.05	122.03	123.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,993	1,961	1,952	1,927	1,894	1,884	1,899	1,858	1,828	1,799	1,832
Invested Capital Turnover	0.74	0.77	0.76	0.78	0.80	0.81	0.82	0.85	0.89	0.92	0.93
Increase / (Decrease) in Invested Capital	-91	-65	-129	-114	-99	-77	-53	-69	-66	-85	-67
Enterprise Value (EV)	5,153	5,379	6,093	5,397	6,451	6,628	5,960	6,447	8,116	7,976	7,705
Market Capitalization	4,772	5,020	5,755	5,064	6,143	6,330	5,608	6,153	7,880	7,780	7,479
Book Value per Share	$9.32	$9.27	$9.33	$9.23	$9.28	$9.35	$9.10	$9.30	$9.50	$9.58	$9.63
Tangible Book Value per Share	($0.87)	($0.84)	($0.68)	($0.71)	($0.69)	($0.58)	($0.73)	($0.57)	($0.31)	($0.16)	($0.05)
Total Capital	2,166	2,098	2,109	2,090	2,082	2,082	2,044	2,060	2,088	2,100	2,106
Total Debt	554	495	495	496	496	496	496	496	496	497	499
Total Long-Term Debt	548	494	495	495	495	495	495	495	496	496	498
Net Debt	381	359	338	333	308	298	351	294	236	196	226
Capital Expenditures (CapEx)	4.80	-2.00	2.10	4.90	4.10	9.10	4.30	9.00	7.40	9.20	3.40
Debt-free, Cash-free Net Working Capital (DFCFNWC)	325	311	330	306	289	277	311	275	253	253	306
Debt-free Net Working Capital (DFNWC)	498	448	487	469	477	475	456	477	513	553	579
Net Working Capital (NWC)	492	447	486	468	476	474	455	476	513	552	578
Net Nonoperating Expense (NNE)	2.95	6.89	7.77	6.70	7.06	6.18	2.74	6.76	-3.41	5.24	3.98
Net Nonoperating Obligations (NNO)	381	359	338	333	308	298	351	294	236	196	226
Total Depreciation and Amortization (D&A)	22	22	22	22	22	23	23	22	22	22	21
Debt-free, Cash-free Net Working Capital to Revenue	21.45%	20.33%	21.52%	19.88%	18.61%	17.69%	19.66%	17.01%	15.26%	14.90%	17.58%
Debt-free Net Working Capital to Revenue	32.88%	29.26%	31.77%	30.43%	30.71%	30.33%	28.81%	29.52%	30.94%	32.62%	33.30%
Net Working Capital to Revenue	32.46%	29.20%	31.71%	30.38%	30.65%	30.28%	28.76%	29.47%	30.88%	32.57%	33.22%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.24	$0.08	$0.20	$0.27	$0.25	$0.21	$0.26	$0.30	$0.36	$0.25	$0.35
Adjusted Weighted Average Basic Shares Outstanding	173.28M	174.25M	173.01M	172.63M	170.55M	171.69M	170.35M	168.48M	168.13M	168.66M	167.70M
Adjusted Diluted Earnings per Share	$0.24	$0.07	$0.19	$0.27	$0.25	$0.21	$0.26	$0.29	$0.36	$0.24	$0.35
Adjusted Weighted Average Diluted Shares Outstanding	176.14M	177.26M	175.68M	175.00M	173.03M	174.66M	172.19M	170.08M	170.27M	171.26M	169.68M
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	172.81M	172.00M	172.70M	170.93M	169.71M	170.06M	168.25M	167.55M	167.35M	166.80M	166.87M
Normalized Net Operating Profit after Tax (NOPAT)	46	23	47	53	53	46	48	59	60	51	64
Normalized NOPAT Margin	11.54%	6.43%	12.59%	12.92%	12.81%	12.37%	12.24%	13.20%	13.12%	12.44%	14.68%
Pre Tax Income Margin	11.97%	5.97%	11.50%	15.00%	14.73%	11.28%	14.43%	15.28%	17.37%	13.06%	17.76%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.82	3.01	5.89	8.27	8.28	6.39	8.68	9.82	12.14	9.11	13.40
NOPAT to Interest Expense	4.48	2.17	4.78	6.20	6.09	5.68	6.35	7.44	8.22	7.28	10.14
EBIT Less CapEx to Interest Expense	5.33	3.22	5.65	7.69	7.78	5.17	8.10	8.65	11.10	7.69	12.85
NOPAT Less CapEx to Interest Expense	4.00	2.37	4.54	5.62	5.60	4.46	5.76	6.27	7.18	5.87	9.59
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	43.36%	44.72%	41.87%	39.53%	40.01%	35.33%	34.16%	34.02%	31.57%	32.27%	31.46%
Augmented Payout Ratio	153.89%	155.72%	128.02%	126.47%	152.43%	129.09%	157.29%	137.59%	112.27%	113.03%	93.58%

Financials Breakdown Chart

Key Financial Trends

Note: The data provided appears to be for Zurn Elkay Water Solutions Corp (ZWS), not Rexnord (RXN). Below is a concise, four-year trend summary based on the latest quarterly figures (2022–2025) drawn from the income statements, cash flow statements, and balance sheets.

Gross margins have remained in the roughly 44%–46% range across 2022–2025, indicating steady pricing and cost control despite quarterly volatility.
Operating margins show improvement in the 2023–2025 period, typically around the mid-teens to upper-teens percentage of revenue (roughly 16%–17% in several quarters), signaling better profitability at the operating level.
Cash generation from operations has been strong, with net cash from continuing operating activities commonly in the 50–110 million per quarter range in 2024–2025, supporting capex and returns to shareholders.
Liquidity remains solid, with total current assets around 700–800 million and total current liabilities around 210–290 million, yielding a healthy current ratio in the periods shown.
Revenue exhibits seasonality by quarter but stays within a high-300s to low-500s million annualized range, suggesting recurring demand rather than a sharp secular decline.
Capital expenditure is relatively modest and stable (a few million per quarter), indicating a steady asset base without aggressive reinvestment driving cash trends.
Balance sheet contains substantial goodwill and intangible assets (goodwill around 790–800 million; intangibles around 900–1,000 million), which could pose impairment risk in a downturn, though no impairments are evident in the provided quarters.
Net income margins are volatile quarter-to-quarter, with dips in some periods (e.g., lower quarterly net income in certain Q4 2024–Q4 2025 periods), reflecting cyclicality or one-time factors shaping results.
Financing activities are consistently negative in many quarters due to buybacks and dividends, which pressures cash reserves and could limit liquidity if operating cash flow slows.

05/05/26 06:31 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Zurn Elkay Water Solutions Cor's Financials

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

According to the most recent income statement we have on file, Zurn Elkay Water Solutions Cor's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Zurn Elkay Water Solutions Cor's net income changed over the last 10 years?

Zurn Elkay Water Solutions Cor's net income appears to be on an upward trend, with a most recent value of $198 million in 2025, rising from $83.80 million in 2015. The previous period was $160.20 million in 2024. Check out Zurn Elkay Water Solutions Cor's forecast to explore projected trends and price targets.

What is Zurn Elkay Water Solutions Cor's operating income?

Zurn Elkay Water Solutions Cor's total operating income in 2025 was $278.90 million, based on the following breakdown:

Total Gross Profit: $764.80 million
Total Operating Expenses: $485.90 million

How has Zurn Elkay Water Solutions Cor's revenue changed over the last 10 years?

Over the last 10 years, Zurn Elkay Water Solutions Cor's total revenue changed from $2.05 billion in 2015 to $1.70 billion in 2025, a change of -17.3%.

How much debt does Zurn Elkay Water Solutions Cor have?

Zurn Elkay Water Solutions Cor's total liabilities were at $1.08 billion at the end of 2025, a 1.4% increase from 2024, and a 62.3% decrease since 2015.

How much cash does Zurn Elkay Water Solutions Cor have?

In the past 10 years, Zurn Elkay Water Solutions Cor's cash and equivalents has ranged from $62.30 million in 2020 to $490.10 million in 2017, and is currently $300.50 million as of their latest financial filing in 2025.

How has Zurn Elkay Water Solutions Cor's book value per share changed over the last 10 years?

Over the last 10 years, Zurn Elkay Water Solutions Cor's book value per share changed from 5.44 in 2015 to 9.58 in 2025, a change of 76.2%.

Related Companies

Financial statements for NYSE:ZWS last updated on 4/23/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Zurn Elkay Water Solutions Cor (ZWS) Financials

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Zurn Elkay Water Solutions Cor (ZWS) Financials

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