ZWS on NYSE

Zurn Elkay Water Solutions Corp

American general industrial machinery and equipment company. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

Compare with Enerflex Ltd., Zebra Technologies or Twin Disc, or pick any stock.

  • TickerZWS on NYSE1
  • IndustryGeneral Industrial Machinery & Equipment1
  • HeadquartersMilwaukee, Wisconsin1
  • Incorporated inDE2
  • Business address511 West Freshwater Way, Milwaukee, Wi 532042
  • Filer categoryLarge accelerated filer2

See how the biggest companies compare on our leaderboards

Zurn Elkay Water Solutions Corporation ("Zurn Elkay", "we", "us", "our", or the "Company") 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. Our 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 that deliver superior value to building owners, positively impact the environment and human hygiene and reduce product installation time. Our heritage of innovation and specification has allowed us to provide highly-engineered, mission-critical solutions to customers for decades and affords us the privilege …3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

45.1%Gross margin4
16.4%Operating margin4
11.7%Net margin4
8.3%Revenue growth, 20254
12.3%Return on equity4
0.31×Debt to equity4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 91% of the revenue Zurn Elkay Water Solutions Corp broke down this way in fiscal 2025.

  1. United States$1.6B491%up 9% from 2024
  2. Canada$97.8M46%up 9% from 2024
  3. Other Geographical Areas$47.0M43%down 1% from 2024
Regions by year
Regions202320242025
United States$1.4B$1.4B$1.6B
Canada$78.7M$90.1M$97.8M
Other Geographical Areas$41.7M$47.5M$47.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue55¢$931.1M
  • Selling, general and admin25¢$417.6M
  • Other costs5¢$85.3M
  • Income tax4¢$63.9M
  • Profit12¢$198.0M

Out of $1.7B in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid18¢$63.9M
  • Share buybacks46¢$159.9M
  • Kept or used elsewhere35¢$122.7M

Out of $346.5M of cash from operations.4

Financial statements

Revenue56784$1.7B in 2025+139% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $710.1M$710.1M20192020: $746.1M$746.1M2020+5%2021: $910.9M$910.9M2021+22%2022: $1.3B$1.3B2022+41%2023: $1.5B$1.5B2023+19%2024: $1.6B$1.6B2024+2%2025: $1.7B$1.7B2025+8%
Gross profit96784$764.8M in 2025−3% since 2019
0$200.0M$400.0M$600.0M$800.0M2019: $784.8M$784.8M20192020: $338.2M$338.2M2020−57%2021: $373.2M$373.2M2021+10%2022: $465.5M$465.5M2022+25%2023: $648.1M$648.1M2023+39%2024: $707.0M$707.0M2024+9%2025: $764.8M$764.8M2025+8%
Operating income96784$278.9M in 2025−9% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $305.6M$305.6M20192020: $107.7M$107.7M2020−65%2021: $107.0M$107.0M2021−1%2022: $107.1M$107.1M2022+0%2023: $191.4M$191.4M2023+79%2024: $244.6M$244.6M2024+28%2025: $278.9M$278.9M2025+14%
Net income96784$198.0M in 2025+477% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $34.3M$34.3M20192020: $146.7M$146.7M2020+328%2021: $120.9M$120.9M2021−18%2022: $61.7M$61.7M2022−49%2023: $112.7M$112.7M2023+83%2024: $160.2M$160.2M2024+42%2025: $198.0M$198.0M2025+24%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Net sales$1.7B$1.6B$1.5B
Cost of sales$931.1M$859.5M$882.4M
Gross profit$764.8M$707.0M$648.1M
Selling, general and administrative expenses$417.6M$389.8M$371.3M
Restructuring and other similar charges$9.6M$13.5M$15.3M
Loss on divestiture of asbestos liabilities and certain assets$0$0$11.4M
Amortization of intangible assets$58.7M$59.1M$58.7M
Income from operations$278.9M$244.6M$191.4M
Interest expense, net-$28.6M-$33.1M-$38.5M
Loss on the extinguishment of debt$0$0-$900.0K
Actuarial gain on pension and other postretirement benefit obligations$500.0K$1.4M$2.0M
Other income (expense), net$5.5M-$5.9M-$7.2M
Income before income taxes$256.3M$207.0M$146.8M
Provision for income taxes-$63.9M-$48.1M-$42.6M
Net income from continuing operations$192.4M$158.9M$104.2M
Income from discontinued operations, net of tax$5.6M$1.3M$8.5M
Net income$198.0M$160.2M$112.7M
Continuing operations (in dollars per share)$1$1$1
Discontinued operations (in dollars per share)$0$0$0
Net income (in dollars per share)$1.17$0.93$0.65
Continuing operations (in dollars per share)$1$1$1
Discontinued operations (in dollars per share)$0$0$0
Net income (in dollars per share)$1.15$0.92$0.64
Basic (in shares)168.7M shares171.7M shares174.3M shares
Effect of dilutive equity awards (in shares)2.6M shares3.0M shares3.0M shares
Diluted (in shares)171.3M shares174.7M shares177.3M shares

Compare Zurn Elkay Water Solutions Corp with another company

Leadership

Who has led Zurn Elkay Water Solutions Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Todd A. Adams2012–now

Chair

  1. Todd A. Adams2021–now

President

  1. Todd A. Adams2012–2023
  2. Donald J. Nelson2014–2015
  3. Kevin J. Zaba2014–2021
  4. Craig Wehr2014–2023
  5. Thomas Babacan2014–2015
  6. Jeffrey A. Schoon2024–now

Chief financial officer

  1. David J. Pauli2024–2026
  2. Daniel J. Klun2026–now
201520202025
Board members and other officers (34)

Former names

  • Zurn Water Solutions CorpOct 5, 2021 to Jul 12, 20222
  • Rexnord CorpMay 25, 2011 to Sep 28, 20212
  • Rexnord Holdings, IncJul 18, 2008 to Oct 16, 20092

Timeline

  1. Mar 28, 2012New chief executive Todd A. Adams becomes CEO13

Filings

583 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 383 insider forms, 27 large holders, 111 other. The latest 20:

  1. Aug 21, 20264 EDGAR
  2. Aug 13, 2026SCHEDULE 13G/A EDGAR
  3. Aug 6, 20264 EDGAR
  4. Aug 4, 2026144 EDGAR
  5. Aug 3, 20263 EDGAR
  6. Aug 3, 20263 EDGAR
  7. Aug 3, 20263 EDGAR
  8. Aug 3, 20263 EDGAR
  9. Jul 28, 202610-Q EDGAR
  10. Jul 28, 20268-K EDGAR
  11. Jul 20, 20268-K EDGAR
  12. Jul 17, 20264 EDGAR
  13. Jul 17, 20264 EDGAR
  14. Jul 17, 20264 EDGAR
  15. Jul 17, 20264 EDGAR
  16. Jul 17, 20264 EDGAR
  17. Jun 22, 202611-K EDGAR
  18. Jun 2, 20264 EDGAR
  19. Jun 2, 20263 EDGAR
  20. May 29, 2026SD EDGAR

The 583 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

162 open-market trades by officers, directors and large owners since October 2021: 2 buys and 160 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 19, 2026Butler Jacques DonavonDirectorBuy2,016$49.60$100.0KForm 4
Aug 4, 2026PETERSON MARK WChief Administrative OfficerSale25,000$53.02$1.3MForm 4
Feb 17, 2026Chhabra SudhanshuVP-Zurn Business SystemsSale2,021$50.85$102.8KForm 4
Feb 17, 2026Troutman MichaelChief Information OfficerSale448$50.80$22.8KForm 4
Feb 17, 2026PETERSON MARK WChief Administrative OfficerSale2,006$50.86$102.0KForm 4
Feb 17, 2026LaValle Jeffrey J.VP, General Counsel & Sec'ySale447$50.86$22.7KForm 4
Feb 17, 2026JAHNKE TIMOTHY JDirectorSale25,000$51.18$1.3MForm 4
Feb 11, 2026Schoon Jeffrey APresidentSale1,286$51.54$66.3KForm 4
Feb 11, 2026PETERSON MARK WChief Administrative OfficerSale3,793$51.48$195.3KForm 4
Feb 11, 2026Pauli David JChief Financial OfficerSale812$51.61$41.9KForm 4
Feb 11, 2026LaValle Jeffrey J.VP, General Counsel & Sec'ySale946$51.63$48.8KForm 4
Feb 11, 2026Troutman MichaelChief Information OfficerSale919$51.67$47.5KForm 4
Feb 10, 2026Pauli David JChief Financial OfficerSale7,639$51.80$395.7KForm 4
Feb 10, 2026ADAMS TODD A.Chairman and CEOSale275,050$51.78$14.2MForm 4
Feb 10, 2026PETERSON MARK WChief Administrative OfficerSale35,267$51.80$1.8MForm 4
Feb 10, 2026LaValle Jeffrey J.VP, General Counsel & Sec'ySale6,097$51.80$315.8KForm 4
Feb 10, 2026Troutman MichaelChief Information OfficerSale5,922$51.80$306.8KForm 4
Feb 10, 2026Schoon Jeffrey APresidentSale12,034$51.80$623.4KForm 4
Feb 9, 2026ADAMS TODD A.Chairman and CEOSale263,347$52.68$13.9MForm 4
Feb 5, 2026PETERSON MARK WChief Administrative OfficerSale23,183$51.40$1.2MForm 4

All 162 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.24,566,503$1.2B0.0%+540,082
Vanguard Portfolio Management LLC8,988,098$454.2M0.0%+131,792
Kayne Anderson Rudnick Investment Management LLC8,892,334$449.3M1.4%−1,958,233
Vanguard Capital Management LLC7,014,394$354.4M0.0%+27,024
State Street Corp5,986,944$302.5M0.0%+350,569
Bank Of America Corp /de/5,504,857$278.2M0.0%−115,942
Invesco Ltd.4,649,274$234.9M0.0%+45,656
Geode Capital Management, LLC3,842,182$194.2M0.0%+196,110
Beck Mack & Oliver LLC3,431,406$173.4M3.4%−66,584
Jupiter Topco LLC3,409,405$172.3M0.1%New
First Trust Advisors LP3,179,833$160.7M0.1%+101,609
Alliancebernstein L.P.3,045,939$136.6M0.0%−149,924
Impax Asset Management Group plc2,633,758$133.1M0.9%+24,616
Dimensional Fund Advisors LP2,593,197$131.0M0.0%+30,166
Crescent Grove Advisors, LLC2,349,563$118.7M10.1%+1,014,788
Nomura Asset Management International Inc.2,284,516$115.4M0.2%−521,854
Morgan Stanley2,176,223$110.0M0.0%+378,621
Charles Schwab Investment Management Inc2,150,657$108.7M0.0%+64,725
Norges Bank2,096,197$105.9M0.0%New
Wells Fargo & Company/mn1,826,934$92.3M0.0%−80,228
Fuller & Thaler Asset Management, Inc.1,794,463$90.7M0.2%+20,148
Northern Trust Corp1,772,636$89.6M0.0%+95,367
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,450,412$73.3M0.1%+102,773
Nuveen, LLC1,297,310$65.6M0.0%+598,504
Raymond James Financial Inc1,287,614$65.1M0.0%−197,559

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63