Company research
Zurn Elkay Water Solutions Corp
CIK 1439288Updated Sep 29, 2026
SecurityZWS · NYSE · equity
Name history
Zurn Water Solutions Corp · through Jul 12, 2022Rexnord Corp · through Sep 28, 2021Rexnord Holdings, Inc · through Oct 16, 2009
ZWS price & chart
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NYSE:ZWS on TradingView ↗About the company
Named one of America’s Most Responsible Companies and one of America’s Greenest Companies by Newsweek and one of the World’s Best Companies for Sustainable Growth by TIME, Zurn Elkay Water Solutions is headquartered in Milwaukee, WI, and is a growth-oriented, pure-play water management business that designs, procures, manufactures and markets what we believe to be the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety and the environment. The Zurn Elkay product portfolio includes professional grade water safety and control products, flow systems products, hygienic and environmental products and filtered drinking water products for public and private spaces. Learn more at www.zurnelkay.com.
In the news
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Recent filings
144 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Results of Operations and Financial Condition · Other Events
Items 2.02, 8.01, 9.01
4 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,679,400,000Source | 2,648,500,000Source | 2,667,000,000Source | 2,864,000,000Source |
| GoodwillUSD | 795,000,000Source | 794,200,000Source | 796,000,000Source | 777,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 835,000,000Source | 891,600,000Source | 952,400,000Source | 1,009,700,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 300,500,000Source | 198,000,000Source | 136,700,000Source | 124,800,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 184,800,000Source | 202,200,000Source | 210,200,000Source | 219,700,000Source |
| Inventory, NetUSD | 274,400,000Source | 272,600,000Source | 277,600,000Source | 366,700,000Source |
| Assets, CurrentUSD | 811,700,000Source | 722,100,000Source | 667,800,000Source | 757,500,000Source |
| Operating Lease, Right-of-Use AssetUSD | 52,400,000Source | 51,200,000Source | 46,400,000Source | 42,600,000Source |
| Other Assets, NoncurrentUSD | 80,100,000Source | 76,600,000Source | 70,500,000Source | 63,900,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,076,100,000Source | 1,061,700,000Source | 1,064,200,000Source | 1,249,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 1,700,000Source | 1,700,000Source | 1,700,000Source | 1,800,000Source |
| Additional Paid in CapitalUSD | 2,810,000,000Source | 2,828,200,000Source | 2,847,000,000Source | 2,853,100,000Source |
| Retained Earnings (Accumulated Deficit)USD | -1,131,700,000Source | -1,168,700,000Source | -1,178,200,000Source | -1,164,900,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -76,700,000Source | -74,400,000Source | -67,700,000Source | -75,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,603,300,000Source | 1,586,800,000Source | 1,602,800,000Source | 1,615,000,000Source |
| Liabilities and EquityUSD | 2,679,400,000Source | 2,648,500,000Source | 2,667,000,000Source | 2,864,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 259,400,000Source | 247,800,000Source | 220,900,000Source | 289,300,000Source |
| Operating Lease, Liability, CurrentUSD | 14,700,000Source | 12,700,000Source | 10,600,000Source | 9,400,000Source |
| Accounts Payable, CurrentUSD | 65,200,000Source | 71,700,000Source | 56,400,000Source | 116,900,000Source |
| Operating Lease, Liability, NoncurrentUSD | 42,000,000Source | 43,300,000Source | 37,300,000Source | 34,200,000Source |
| Deferred Income Tax Liabilities, NetUSD | 189,700,000Source | 196,500,000Source | 210,000,000Source | 221,400,000Source |
| Other Liabilities, NoncurrentUSD | 79,800,000Source | 65,200,000Source | 65,000,000Source | 44,400,000Source |
| Additional Financial Items | ||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 100,000Source | -7,100,000Source | -3,800,000Source | -100,000Source |
| Deferred Tax Liabilities, NetUSD | 186,900,000Source | 193,600,000Source | 206,700,000Source | 218,300,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 495,600,000Source | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 900,000Source | 800,000Source | 900,000Source | 5,700,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 495,600,000Source | 494,800,000Source | 494,400,000Source | 530,200,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 40,600,000Source | 37,900,000Source | 40,000,000Source | 25,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 100,000Source | -2,700,000Source | -65,000,000Source | 17,600,000Source |
| Increase (Decrease) in Accounts PayableUSD | -6,800,000Source | 15,800,000Source | -60,800,000Source | -18,300,000Source |
| Deferred Income Tax Expense (Benefit)USD | -4,900,000Source | -13,300,000Source | -6,000,000Source | 2,900,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 346,500,000Source | 293,500,000Source | 253,900,000Source | 97,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 44,800,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -29,900,000Source | -20,200,000Source | -4,600,000Source | -6,600,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 600,000Source | 8,600,000Source | 3,100,000Source | 700,000Source |
| Payments for Repurchase of Common StockUSD | 159,900,000Source | 150,200,000Source | 125,100,000Source | 24,700,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -217,300,000Source | -207,500,000Source | -239,200,000Source | -61,100,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 63,900,000Source | 56,600,000Source | 50,400,000Source | 32,500,000Source |
| Repayments of Long-term DebtUSD | 800,000Source | 800,000Source | 77,900,000Source | 107,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 102,500,000Source | 61,300,000Source | 11,900,000Source | 28,200,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 63,000,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 40,600,000Source | 37,900,000Source | 40,000,000Source | 25,000,000Source |
| Amortization of Intangible AssetsUSD | 58,700,000Source | 59,100,000Source | 58,700,000Source | 34,000,000Source |
| DepreciationUSD | 30,000,000Source | 29,200,000Source | 29,200,000Source | 20,500,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -700,000Source | -800,000Source | -900,000Source | -1,000,000Source |
| Gain (Loss) on Disposition of BusinessUSD | 0Source | 0Source | -11,400,000Source | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -4,000,000Source | -600,000Source | 2,700,000Source | -300,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 0Source | -900,000Source | 0Source |
| GoodwillUSD | 795,000,000Source | 794,200,000Source | 796,000,000Source | 777,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 192,400,000Source | 158,900,000Source | 104,200,000Source | 57,000,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 5,600,000Source | 1,300,000Source | 8,500,000Source | 4,700,000Source |
| Income Tax Expense (Benefit)USD | 63,900,000Source | 48,100,000Source | 42,600,000Source | 26,800,000Source |
| InterestExpenseNonoperatingUSD | 28,600,000Source | 33,100,000Source | — | — |
| Inventory Write-downUSD | 2,200,000Source | 11,600,000Source | 3,400,000Source | 800,000Source |
| Investment Income, InterestUSD | 7,600,000Source | 7,800,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 198,000,000Source | 160,200,000Source | 112,700,000Source | 61,700,000Source |
| Other Nonoperating Income (Expense)USD | 5,500,000Source | -5,900,000Source | -7,200,000Source | 1,700,000Source |
| Payments of Financing CostsUSD | — | — | 0Source | 0Source |
| Pension Expense (Reversal of Expense), NoncashUSD | -10,700,000Source | — | — | — |
| Proceeds from Contributions from AffiliatesUSD | — | — | 0Source | 0Source |
| Proceeds from Stock Options ExercisedUSD | — | — | 4,300,000Source | 2,500,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,695,900,000Source | 1,566,500,000Source | 1,530,500,000Source | 1,281,800,000Source |
| Cost of RevenueUSD | 931,100,000Source | 859,500,000Source | 882,400,000Source | 816,300,000Source |
| Selling, General and Administrative ExpenseUSD | 417,600,000Source | 389,800,000Source | 371,300,000Source | 309,000,000Source |
| Operating Income (Loss)USD | 278,900,000Source | 244,600,000Source | 191,400,000Source | 107,100,000Source |
| Other Nonoperating Income (Expense)USD | 5,500,000Source | -5,900,000Source | -7,200,000Source | 1,700,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 256,300,000Source | 207,000,000Source | 146,800,000Source | 83,800,000Source |
| Income Tax Expense (Benefit)USD | 63,900,000Source | 48,100,000Source | 42,600,000Source | 26,800,000Source |
| Net Income (Loss) Attributable to ParentUSD | 198,000,000Source | 160,200,000Source | 112,700,000Source | 61,700,000Source |
| Earnings Per Share, BasicUSD per share | 1.17Source | 0.93Source | 0.65Source | 0.41Source |
| Earnings Per Share, DilutedUSD per share | 1.15Source | 0.92Source | 0.64Source | 0.4Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 168,659,000Source | 171,686,000Source | 174,251,000Source | 151,581,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 171,258,000Source | 174,659,000Source | 177,259,000Source | 153,837,000Source |
| Interest Expense (non-operating)USD | 28,600,000Source | 33,100,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 58,700,000Source | 59,100,000Source | 58,700,000Source | 34,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.38Source | 0.33Source | — | 0.2Source |
| Current Income Tax Expense (Benefit)USD | 68,800,000Source | 61,400,000Source | 48,600,000Source | 23,900,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -700,000Source | -800,000Source | -900,000Source | -1,000,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | — |
| Gross ProfitUSD | 764,800,000Source | 707,000,000Source | 648,100,000Source | 465,500,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 192,400,000Source | 158,900,000Source | 104,200,000Source | 57,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 241,100,000Source | 185,000,000Source | 127,600,000Source | 74,500,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.14Source | 0.92Source | 0.6Source | 0.38Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.12Source | 0.91Source | 0.59Source | 0.37Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 5,600,000Source | 1,300,000Source | 8,500,000Source | 4,700,000Source |
| Interest ExpenseUSD | — | — | 38,500,000Source | 26,900,000Source |
| Investment Income, InterestUSD | 7,600,000Source | 7,800,000Source | — | — |
Filing attachments
d922846dex991.htm · 8-K · 2025-02-13
EX-99.1 4 d922846dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Press Release February 11, 2025 Contact Information: For Immediate Release Dave Pauli Chief Financial Officer 414.223.7770 Zurn Elkay Water Solutions Announces Launch of Public Offering of Common Stock by Selling Stockholder MILWAUKEE, WI - February 11, 2025 Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Zurn Elkay Water S…
Read attachment ↗d922846dex992.htm · 8-K · 2025-02-13
EX-99.2 5 d922846dex992.htm EX-99.2 EX-99.2 Exhibit 99.2 Press Release February 11, 2025 Contact Information: For Immediate Release Dave Pauli Chief Financial Officer 414.223.7770 Zurn Elkay Water Solutions Corporation Announces Pricing of Public Offering by Selling Stockholder MILWAUKEE, WI - February 11, 2025 Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Zurn Elkay Water Solu…
Read attachment ↗