ZWS
Zurn Elkay Water Solutions Corporation
NYSE: ZWS · INDUSTRIALS · POLLUTION & TREATMENT CONTROLS
$50.88
-2.40% today
Updated 2026-04-29
Market cap
$8.52B
P/E ratio
41.37
P/S ratio
4.90x
EPS (TTM)
$1.23
Dividend yield
0.77%
52W range
$34 – $54
Volume
1.1M
Zurn Elkay Water Solutions Corporation (ZWS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 1998 | 1999 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.74M | $15.89M | $1.88B | $1.51B | $1.67B | $1.94B | $1.94B | $2.03B | $2.05B | $1.92B | $1.71B | $1.85B | $2.05B | $710.10M | $562.70M | $910.90M | $1.28B | $1.53B | $1.57B | $1.70B |
| Revenue growth (YoY) | — | +15.7% | +11740.2% | -19.8% | +10.9% | +16.1% | -0.0% | +4.7% | +0.8% | -6.2% | -11.0% | +8.1% | +10.8% | -65.4% | -20.8% | +61.9% | +40.7% | +19.4% | +2.4% | +8.3% |
| Cost of revenue | $10.00M | $12.39M | $1.36B | $994.40M | $1.08B | $1.25B | $1.23B | $1.28B | $1.30B | $1.26B | $1.09B | $1.15B | $1.27B | $387.50M | $309.40M | $537.70M | $816.30M | $882.40M | $859.50M | $989.80M |
| Gross profit | $3.74M | $3.51M | $519.60M | $515.60M | $592.50M | $690.10M | $716.60M | $753.40M | $746.20M | $665.20M | $626.40M | $706.50M | $784.80M | $322.60M | $253.30M | $373.20M | $465.50M | $648.10M | $707.00M | $706.10M |
| Gross margin | 27.2% | 22.1% | 27.6% | 34.1% | 35.4% | 35.5% | 36.9% | 37.0% | 36.4% | 34.6% | 36.6% | 38.2% | 38.3% | 45.4% | 45.0% | 41.0% | 36.3% | 42.3% | 45.1% | 41.6% |
| R&D | — | — | $8.40M | — | — | — | — | — | — | — | — | — | $41.70M | — | — | — | — | $23.70M | — | — |
| SG&A | — | — | — | — | — | — | $403.90M | $421.80M | $474.50M | $398.60M | $410.60M | $446.20M | $421.20M | $432.80M | $294.20M | $211.70M | $241.90M | $332.40M | $348.50M | $417.60M |
| Operating income | $-557000.00 | $-412000.00 | $75.20M | $161.40M | $217.20M | $245.30M | $242.90M | $272.40M | $203.70M | $174.30M | $203.20M | $266.40M | $305.60M | $104.10M | $81.00M | $107.00M | $107.10M | $191.40M | $244.60M | $288.50M |
| Operating margin | -4.1% | -2.6% | 4.0% | 10.7% | 13.0% | 12.6% | 12.5% | 13.4% | 9.9% | 9.1% | 11.9% | 14.4% | 14.9% | 14.7% | 14.4% | 11.7% | 8.4% | 12.5% | 15.6% | 17.0% |
| EBITDA | $-157000.00 | $73000.00 | $-161.00M | $422.10M | $223.40M | $335.10M | $326.90M | $231.00M | $308.70M | $292.80M | $301.00M | $351.90M | $401.00M | $166.60M | $145.80M | $164.60M | $165.20M | $273.20M | $328.40M | $373.60M |
| EBITDA margin | -1.1% | 0.5% | -8.6% | 28.0% | 13.3% | 17.2% | 16.8% | 11.4% | 15.1% | 15.2% | 17.6% | 19.0% | 19.6% | 23.5% | 25.9% | 18.1% | 12.9% | 17.9% | 21.0% | 22.0% |
| EBIT | $243000.00 | $558000.00 | $-270.60M | $312.80M | $117.50M | $221.10M | $216.00M | $124.10M | $196.50M | $177.40M | $195.60M | $262.20M | $308.70M | $80.00M | $78.80M | $87.10M | $110.70M | $185.30M | $240.10M | $284.90M |
| Interest expense | — | $1.35M | $230.40M | $194.20M | $180.80M | $176.20M | $153.30M | $109.10M | $87.90M | $91.40M | $88.30M | $75.10M | $69.90M | $56.60M | $33.30M | $34.70M | $26.90M | $38.50M | $33.10M | $28.60M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-500000.00 | $-736000.00 | $-429.00M | $88.10M | $-51.30M | $29.90M | $50.10M | $30.20M | $83.80M | $67.90M | $74.10M | $75.90M | $34.30M | $180.10M | $118.20M | $120.90M | $61.70M | $112.70M | $160.20M | $198.00M |
| Net income growth (YoY) | — | -47.2% | -58188.0% | +120.5% | -158.2% | +158.3% | +67.6% | -39.7% | +177.5% | -19.0% | +9.1% | +2.4% | -54.8% | +425.1% | -34.4% | +2.3% | -49.0% | +82.7% | +42.1% | +23.6% |
| Profit margin | -3.6% | -4.6% | -22.8% | 5.8% | -3.1% | 1.5% | 2.6% | 1.5% | 4.1% | 3.5% | 4.3% | 4.1% | 1.7% | 25.4% | 21.0% | 13.3% | 4.8% | 7.4% | 10.2% | 11.7% |