ZWS
$47.06+0.49%
Zurn Elkay Water Solutions CorporationStock · IndustrialsRussell 2000 0.2%US Stock Market 0.01%Russell 3000 0.01%
ZWS financial statements
The full income statement, balance sheet, and cash-flow statement for Zurn Elkay Water Solutions Corporation (ZWS), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 170.9M2024-09 169.7M2024-12 170.1M2025-03 168.3M2025-06 167.6M2025-09 167.4M2025-12 166.8M2026-03 166.9M2026-06 166.1M-2.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.70B+8.3% | 1.57B+2.4% | 1.53B+19.4% | 1.28B+40.7% | 911M+28.3% | |
| 765M+8.2% | 707M+9.1% | 648M+39.2% | 466M+24.7% | 373M+15.7% | ||
| Cost of revenue | 931M+8.3% | 860M-2.6% | 882M+8.1% | 816M+51.8% | 538M+38.8% | |
| Selling, general & administrative | 418M+7.1% | 390M+5.0% | 371M+20.2% | 309M+29.3% | 239M+21.7% | |
| Restructuring | 9.60M-28.9% | 13.5M-11.8% | 15.3M-0.6% | 15.4M+316.2% | 3.70M+208.3% | |
| Amortization of intangibles | 58.7M-0.7% | 59.1M+0.7% | 58.7M+72.6% | 34.0M+44.7% | 23.5M+12.4% | |
| Operating income | 279M+14.0% | 245M+27.8% | 191M+78.7% | 107M+0.1% | 107M+2.8% | |
| Interest expense | 28.6M-13.6% | 33.1M-14.0% | 38.5M+43.1% | 26.9M-22.5% | 34.7M-38.7% | |
| Interest & investment income | 7.60M-2.6% | 7.80M+59.2% | 4.90M+880.0% | 500K | — | |
| Other non-operating income | 5.50M+193.2% | -5.90M+18.1% | -7.20M-523.5% | 1.70M+342.9% | -700K+41.7% | |
| Pre-tax income | 256M+23.8% | 207M+41.0% | 147M+75.2% | 83.8M+59.9% | 52.4M+123.9% | |
| Income tax | 63.9M+32.8% | 48.1M+12.9% | 42.6M+59.0% | 26.8M+892.6% | 2.70M-38.6% | |
| 198M+23.6% | 160M+42.1% | 113M+82.7% | 61.7M-49.0% | 121M-32.9% | ||
| Income from continuing operations | 192M+21.1% | 159M+52.5% | 104M+82.8% | 57.0M+14.7% | 49.7M+161.6% | |
| Net income to common | — | — | — | — | 121M-27.0% | |
| $1.15+25.0% | $0.92+43.8% | $0.64+60.0% | $0.40-58.8% | $0.97-33.1% | ||
| EPS (basic) | $1.17+25.8% | $0.93+43.1% | $0.65+58.5% | $0.41-59.0% | $1.00-32.4% | |
| Weighted-avg shares (basic) | 169M-1.8% | 172M-1.5% | 174M+15.0% | 152M+24.8% | 121M+8.8% | |
| Weighted-avg shares (diluted) | 171M-1.9% | 175M-1.5% | 177M+15.2% | 154M+23.0% | 125M+9.5% | |
| Dividends per share | $0.38+15.2% | $0.33+13.8% | $0.29+45.0% | $0.20-33.3% | $0.30+275.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 812M+12.4% | 722M+8.1% | 668M-11.8% | 758M+59.5% | 475M-62.4% | ||
| Cash & equivalents | 301M+51.8% | 198M+44.8% | 137M+9.5% | 125M+29.2% | 96.6M-83.2% | |
| Accounts receivable | 185M-8.6% | 202M-3.8% | 210M-4.3% | 220M+52.5% | 144M-56.9% | |
| Inventory | 274M+0.7% | 273M-1.8% | 278M-24.3% | 367M+98.8% | 185M-41.9% | |
| Other current assets | 38.7M+30.3% | 29.7M+12.9% | 26.3M-6.1% | 28.0M+69.7% | 16.5M-53.3% | |
| 2.68B+1.2% | 2.65B-0.7% | 2.67B-6.9% | 2.86B+165.8% | 1.08B-70.3% | ||
| Property, plant & equipment | — | — | — | — | 64.4M-83.0% | |
| Operating lease right-of-use | 52.4M+2.3% | 51.2M+10.3% | 46.4M+8.9% | 42.6M+202.1% | 14.1M-80.2% | |
| Goodwill | 795M+0.1% | 794M-0.2% | 796M+2.4% | 777M+205.8% | 254M+26.7% | |
| Intangible assets | 835M-6.3% | 892M-6.4% | 952M-5.7% | 1.01B+463.8% | 179M-65.2% | |
| Other non-current assets | 80.1M+4.6% | 76.6M+8.7% | 70.5M+10.3% | 63.9M+62.6% | 39.3M-73.4% | |
| 259M+4.7% | 248M+12.2% | 221M-23.6% | 289M+20.3% | 240M-47.2% | ||
| Accounts payable | 65.2M-9.1% | 71.7M+27.1% | 56.4M-51.8% | 117M+11.2% | 105M-43.4% | |
| Short-term & current debt | 900K+12.5% | 800K-11.1% | 900K-84.2% | 5.70M+1.8% | 5.60M-92.7% | |
| Current lease liability | 14.7M+15.7% | 12.7M+19.8% | 10.6M+12.8% | 9.40M+54.1% | 6.10M-52.3% | |
| Other current liabilities | 151M+11.1% | 136M+3.3% | 132M-9.7% | 146M+37.1% | 106M-17.2% | |
| Finance lease liability (current) | 900K+12.5% | 800K-11.1% | 900K+350.0% | 200K+100.0% | 100K-80.0% | |
| 1.08B+1.4% | 1.06B-0.2% | 1.06B-14.8% | 1.25B+31.3% | 951M-58.9% | ||
| Long-term debt | 496M+0.2% | 495M+0.1% | 494M-6.8% | 530M-0.7% | 534M-61.8% | |
| Non-current lease liability | 42.0M-3.0% | 43.3M+16.1% | 37.3M+9.1% | 34.2M+284.3% | 8.90M-85.9% | |
| Operating lease liability (total) | 56.7M+1.3% | 56.0M+16.9% | 47.9M+9.9% | 43.6M+190.7% | 15.0M-80.2% | |
| Finance lease liability (total) | 20.1M-2.4% | 20.6M-5.1% | 21.7M+3516.7% | 600K+100.0% | 300K-98.9% | |
| Finance lease liability | 19.2M-3.0% | 19.8M-4.8% | 20.8M+5100.0% | 400K+100.0% | 200K-99.3% | |
| Deferred tax liabilities | 190M-3.5% | 197M-6.4% | 210M-5.1% | 221M+7041.9% | 3.10M-97.4% | |
| Other non-current liabilities | 79.8M+22.4% | 65.2M+0.3% | 65.0M+46.4% | 44.4M+6.5% | 41.7M-72.3% | |
| 1.60B+1.0% | 1.59B-1.0% | 1.60B-0.8% | 1.61B+1177.7% | 126M-90.4% | ||
| Common stock | 1.70M+0.0% | 1.70M+0.0% | 1.70M-5.6% | 1.80M+38.5% | 1.30M+8.3% | |
| Additional paid-in capital | 2.81B-0.6% | 2.83B-0.7% | 2.85B-0.2% | 2.85B+98.6% | 1.44B+6.6% | |
| Retained earnings | -1.13B+3.2% | -1.17B+0.8% | -1.18B-1.1% | -1.16B+5.8% | -1.24B-1539.9% | |
| Accumulated other comprehensive income | -76.7M-3.1% | -74.4M-9.9% | -67.7M+9.7% | -75.0M-0.1% | -74.9M+39.8% | |
| Non-controlling interest | — | — | — | — | 0.00-100.0% | |
| Total equity incl. non-controlling | — | — | — | — | 126M-90.4% | |
| Total liabilities & equity | 2.68B+1.2% | 2.65B-0.7% | 2.67B-6.9% | 2.86B+165.8% | 1.08B-70.3% | |
| Common shares issued | 167M-2.0% | 170M-1.1% | 172M-2.6% | 177M+40.7% | 126M+5.0% | |
| Common shares outstanding | 167M-2.0% | 170M-1.1% | 172M-2.6% | 177M+40.7% | 126M+5.0% | |
| Shares outstanding (cover) | 167M-1.9% | 170M-1.1% | 172M-2.3% | 176M+40.0% | 126M+5.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 347M+18.1% | 294M+15.6% | 254M+161.8% | 97.0M-56.6% | 224M-25.1% | ||
| Depreciation & amortization | 88.7M+0.5% | 88.3M+0.5% | 87.9M+61.3% | 54.5M-19.4% | 67.6M-21.9% | |
| Intangible amortization | 58.7M-0.7% | 59.1M+0.7% | 58.7M+72.6% | 34.0M+44.7% | 23.5M+12.4% | |
| Share-based compensation | 40.6M+7.1% | 37.9M-5.3% | 40.0M+60.0% | 25.0M-51.4% | 51.4M+91.1% | |
| Deferred income taxes | -4.90M+63.2% | -13.3M-121.7% | -6.00M-306.9% | 2.90M+135.4% | -8.20M-382.8% | |
| Change in inventory | 100K+103.7% | -2.70M+95.8% | -65.0M-469.3% | 17.6M-77.9% | 79.5M+79600.0% | |
| Change in payables | -6.80M-143.0% | 15.8M+126.0% | -60.8M-232.2% | -18.3M-118.5% | 99.1M+2778.4% | |
| -29.9M-48.0% | -20.2M-339.1% | -4.60M+30.3% | -6.60M+69.9% | -21.9M+82.2% | ||
| Acquisitions | 0.00 | 0.00 | 0.00-100.0% | 44.8M+162.0% | 17.1M-79.8% | |
| Proceeds from sale of PP&E | — | — | — | 1.30M-90.9% | 14.3M+248.8% | |
| -217M-4.7% | -208M+13.3% | -239M-291.5% | -61.1M+82.8% | -356M-410.0% | ||
| Long-term debt issued | 0.00 | 0.00-100.0% | 13.0M-87.3% | 102M-81.5% | 550M-47.6% | |
| Long-term debt repaid | 800K+0.0% | 800K-99.0% | 77.9M-27.7% | 108M-90.4% | 1.13B+34.8% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 160M+6.5% | 150M+20.1% | 125M+406.5% | 24.7M+2644.4% | 900K-99.1% | |
| Dividends paid | 63.9M+12.9% | 56.6M+12.3% | 50.4M+55.1% | 32.5M-10.7% | 36.4M+271.4% | |
| Net change in cash | 103M+67.2% | 61.3M+415.1% | 11.9M-57.8% | 28.2M+117.7% | -159M-156.6% | |
| Interest paid | 33.9M-50.2% | 68.1M+49.0% | 45.7M+88.1% | 24.3M-30.0% | 34.7M-36.8% | |
| Income taxes paid | 63.0M-7.5% | 68.1M+49.0% | 45.7M+1374.2% | 3.10M-94.6% | 57.8M-20.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 7.75B+22.3% | 6.34B+24.8% | 5.08B+35.2% | 3.76B-17.9% | 4.58B+68.7% | |
| P/E | 39.2×-1.1% | 39.6×-12.0% | 45.0× | — | 37.9×+151.3% | |
| P/S | 4.6×+12.9% | 4.0×+20.6% | 3.4×+4.8% | 3.2×-36.3% | 5.0×+31.5% | |
| P/B | 4.8×+21.0% | 4.0×+26.8% | 3.2×+35.7% | 2.3×-93.6% | 36.2×+1649.6% | |
| P/FCF | 30.1×+22.3% | 24.7×+24.8% | 19.8×+35.2% | 14.6×-17.9% | 17.8×+68.7% | |
| Earnings yield | 2.6%+1.1% | 2.5%+13.6% | 2.2% | — | 2.6%-60.2% | |
| FCF yield | 3.3%-18.2% | 4.1%-19.9% | 5.1%-26.0% | 6.8%+21.8% | 5.6%-40.7% | |
| Dividend yield | 0.82%-7.6% | 0.88%-10.3% | 0.99%+4.3% | 0.95%+14.7% | 0.82%+133.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ZWS’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ZWS filings on SEC EDGAR → Not investment advice.