# Zurn Elkay Water Solutions Corp: overview

ZWS · NYSE · CIK 1439288 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/zws.md) · [Financials](/companies/zws/financials.md) · [Filings](/companies/zws/filings.md) · [Insiders](/companies/zws/insiders.md)

Latest reported revenue: [$433.0m](/filings/0001628280-26-026281.md) for Q1 FY2026, three months to 2026-03-31, from the 10-Q filed Apr 21, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-026281).

## Last eight quarters

| Line item | Unit | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [412](/filings/0001439288-25-000124.md) | [410](/filings/0001628280-25-046770.md) | [371 d](/filings/0001628280-26-006372.md) | [389](/filings/0001628280-26-026281.md) | [445](/filings/0001439288-25-000124.md) | [455](/filings/0001628280-25-046770.md) | [407 d](/filings/0001628280-26-006372.md) | [433](/filings/0001628280-26-026281.md) |
| Gross margin | % | [45.2%](/filings/0001439288-25-000124.md) | [46.2%](/filings/0001628280-25-046770.md) | [43.5% d](/filings/0001628280-26-006372.md) | [46.6%](/filings/0001628280-26-026281.md) | [45.5%](/filings/0001439288-25-000124.md) | [44.1%](/filings/0001628280-25-046770.md) | [44.4% d](/filings/0001628280-26-006372.md) | [47.5%](/filings/0001628280-26-026281.md) |
| Operating margin | % | [17.5%](/filings/0001439288-25-000124.md) | [17.1%](/filings/0001628280-25-046770.md) | [13.3% d](/filings/0001628280-26-006372.md) | [16.3%](/filings/0001628280-26-026281.md) | [17.5%](/filings/0001439288-25-000124.md) | [17.0%](/filings/0001628280-25-046770.md) | [14.8% d](/filings/0001628280-26-006372.md) | [19.0%](/filings/0001628280-26-026281.md) |
| Net margin | % | [11.2%](/filings/0001439288-25-000124.md) | [10.6%](/filings/0001628280-25-046770.md) | [9.8% d](/filings/0001628280-26-006372.md) | [11.2%](/filings/0001628280-26-026281.md) | [11.4%](/filings/0001439288-25-000124.md) | [13.6%](/filings/0001628280-25-046770.md) | [10.3% d](/filings/0001628280-26-006372.md) | [13.6%](/filings/0001628280-26-026281.md) |
| Diluted EPS | $ per share | [0.27](/filings/0001439288-25-000124.md) | [0.25](/filings/0001628280-25-046770.md) | not reported | [0.26](/filings/0001628280-26-026281.md) | [0.29](/filings/0001439288-25-000124.md) | [0.36](/filings/0001628280-25-046770.md) | not reported | [0.35](/filings/0001628280-26-026281.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [911](/filings/0001439288-24-000016.md) | [1,282](/filings/0001439288-25-000019.md) | [1,531](/filings/0001628280-26-006372.md) | [1,567](/filings/0001628280-26-006372.md) | [1,696](/filings/0001628280-26-006372.md) |
| Gross margin | % | [41.0%](/filings/0001439288-24-000016.md) | [36.3%](/filings/0001439288-25-000019.md) | [42.3%](/filings/0001628280-26-006372.md) | [45.1%](/filings/0001628280-26-006372.md) | [45.1%](/filings/0001628280-26-006372.md) |
| Operating margin | % | [11.7%](/filings/0001439288-24-000016.md) | [8.4%](/filings/0001439288-25-000019.md) | [12.5%](/filings/0001628280-26-006372.md) | [15.6%](/filings/0001628280-26-006372.md) | [16.4%](/filings/0001628280-26-006372.md) |
| Net margin | % | [13.3%](/filings/0001439288-24-000016.md) | [4.8%](/filings/0001439288-25-000019.md) | [7.4%](/filings/0001628280-26-006372.md) | [10.2%](/filings/0001628280-26-006372.md) | [11.7%](/filings/0001628280-26-006372.md) |
| Diluted EPS | $ per share | [0.97](/filings/0001439288-24-000016.md) | [0.40](/filings/0001439288-25-000019.md) | [0.64](/filings/0001628280-26-006372.md) | [0.92](/filings/0001628280-26-006372.md) | [1.15](/filings/0001628280-26-006372.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/zws/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.24bn | 24,566,503 |  | Added +540,082 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $454.2m | 8,988,098 |  | Added +131,792 |
| [KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC](/funds/1021223.md) | 2026-06-30 | $449.3m | 8,892,334 |  | Reduced −1,958,233 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $354.4m | 7,014,394 |  | Added +27,024 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $302.5m | 5,986,944 |  | Added +350,569 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $278.2m | 5,504,857 |  | Reduced −115,942 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $234.9m | 4,649,274 |  | Added +45,656 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $194.2m | 3,842,182 |  | Added +196,110 |
| [BECK MACK & OLIVER LLC](/funds/10742.md) | 2026-06-30 | $173.4m | 3,431,406 |  | Reduced −66,584 |
| [Jupiter Topco LLC](/funds/2146052.md) | 2026-06-30 | $172.3m | 3,409,405 |  | Not compared |

## Recent filings

[All 1,337 filings](/companies/zws/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:07 ET | [8-K](/filings/0001628280-26-067574.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-067574 |
| 2026-07-28 | 16:11 ET | [10-Q](/filings/0001628280-26-050162.md) | Quarterly report, period 2026-06-30 | 0001628280-26-050162 |
| 2026-07-28 | 16:07 ET | [8-K](/filings/0001628280-26-050151.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-050151 |
| 2026-07-20 | 07:19 ET | [8-K](/filings/0001628280-26-048756.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-048756 |
| 2026-05-27 | 16:27 ET | [8-K](/filings/0001628280-26-038495.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001628280-26-038495 |
| 2026-05-01 | 16:07 ET | [8-K](/filings/0001628280-26-029324.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results | 0001628280-26-029324 |
| 2026-04-21 | 16:14 ET | [10-Q](/filings/0001628280-26-026281.md) | Quarterly report, period 2026-03-31 | 0001628280-26-026281 |
| 2026-04-21 | 16:12 ET | [8-K](/filings/0001628280-26-026279.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-026279 |
| 2026-03-12 | 16:49 ET | [DEF 14A](/filings/0001193125-26-104339.md) | Proxy statement, period 2026-04-30 | 0001193125-26-104339 |
| 2026-02-20 | 16:44 ET | [8-K](/filings/0001628280-26-010264.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001628280-26-010264 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-006372.md), filed Feb 9, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1439288
- Tickers: ZWS
- Exchange: NYSE
- SIC code: 3560 General Industrial Machinery & Equipment
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:09 ET. No prices; not investment advice.