ZWSNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Zurn Elkay Water Solutions Corp
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Jul 28, 2026
$47.12+0.06 (+0.13%)
Close on Oct 19, 2026
- Market cap
- $8.00B
- P/E (TTM)
- 37.7
- Dividend yield
- 0.81%
Margins
Share of revenue, fiscal years 2010 to 2025
Gross margin
45.1%+6.8 pts over 5 years
Operating margin
16.4%+1.5 pts over 5 years
Net margin
11.7%+10.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.3% | +9.8% | +19.0% | -1.9% | |
| Gross profit | +8.2% | +18.0% | +18.8% | +0.2% | |
| Operating income | +14.0% | +37.6% | +21.8% | +3.2% | |
| Net income | +23.6% | +47.5% | +1.9% | +9.0% | |
| EPS, diluted | +25.0% | +42.2% | -4.5% | +3.7% | |
| Dividend per share | +15.2% | +23.9% | +36.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 15.0% | 2.8% | 12.4% | |
| Return on assets | 2.5% | 1.0% | 7.4% | |
| Current ratio | 2.60 | 2.48 | 3.13 | |
| Debt to equity | 3.51 | 1.01 | 0.31 | |
| Net debt to EBITDA | 4.97× | 2.40× | – | |
| Interest coverage | 2.3× | 4.4× | 9.8× | |
| Inventory turnover | 3.6× | 4.1× | 3.4× | |
| Capex to revenue | 2.4% | 2.1% | – | |
| Diluted shares | 105M | 123M | 171M |
Cash use needs five years of cash flow figures
Zurn Elkay Water Solutions does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin11.7%
×Asset turnover0.64×
×Equity multiplier1.67×
=Return on equity, FY202512.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 11.7% | 0.64× | 1.67× | 12.4% |
| FY2024 | 10.2% | 0.59× | 1.67× | 10.0% |
| FY2023 | 7.4% | 0.55× | 1.72× | 7.0% |
| FY2020 | 25.4% | 0.21× | 2.71× | 14.2% |
| FY2019 | 1.7% | 0.61× | 2.74× | 2.8% |
| FY2018 | 4.1% | 0.53× | 3.05× | 6.6% |
| FY2017 | 4.3% | 0.50× | 4.16× | 8.9% |
| FY2016 | 3.5% | 0.57× | 5.93× | 11.9% |
| FY2015 | 4.1% | 0.60× | 6.08× | 15.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$198.00M
- Cash generatingOperating cash flow above zero$346.50M
- Return on assets improvedROA up on the prior year6.0% → 7.5%
- Earnings backed by cashOperating cash flow above net income$346.50M vs $198.00M
- Less leverageLong-term debt to assets fell18.7% → 18.5%
- Better liquidityCurrent ratio rose2.91 → 3.13
- No dilutionShare count did not rise175M → 171M
- Gross margin improvedGross margin up on the prior year45.13% → 45.10%
- More efficientAsset turnover rose0.59 → 0.64