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Companies / Industrials / Zurn Elkay Water Solutions Corp
ZWS

Zurn Elkay Water Solutions Corp

IndustrialsIndustrial Machinery
Ticker ZWSMILWAUKEE, WIFiscal year ends DecemberBook value per share $9.80Diluted shares 169.2M

Zurn Elkay Water Solutions Corporation (NYSE: ZWS) is a pure-play water management business that designs, manufactures, and markets specification-driven water management solutions for institutional, commercial, waterworks, and residential applications. The company operates through a comprehensive portfolio of products… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$1.70BFY2025
+8.3% year over year
Last 12 mo $1.79B
16.45%FY2025
+0.8 percentage points
Last 12 mo 20.84%
$198.00MFY2025
+23.6% year over year
Last 12 mo $276.10M
12.80%FY2025
+2.1 percentage points
Last 12 mo 16.64%
Cash & financing
$346.50MFY2025
+18.1% year over year
Last 12 mo $401.40M
$316.60MFY2025
+16.5% year over year
Last 12 mo $378.50M
0.31FY2025
Was 0.31× a year earlier
Last 12 mo 0.30
171.3MFY2025
−1.9% year over year
Last 12 mo 169.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Zurn Elkay Water Solutions Corp does

In the company’s own words

Zurn Elkay Water Solutions Corporation (NYSE: ZWS) is a pure-play water management business that designs, manufactures, and markets specification-driven water management solutions for institutional, commercial, waterworks, and residential applications. The company operates through a comprehensive portfolio of products sold under widely recognized brand names including Zurn, Elkay, Wilkins, Green Turtle, World Dryer, JUST, Hadrian, and Halsey Taylor. The company's website is www.zurnelkay.com.

The business encompasses four primary product categories. Drinking water products include filtered water dispensers, bottle filling stations, water fountains, and faucets certified to reduce contaminants including lead, microplastics, and PFAS chemicals. Water safety and control products comprise valves and distribution control devices such as backflow preventers, fire system valves, pressure reducing valves, and thermostatic mixing valves. Flow systems products manage stormwater and wastewater through point drains, hydrants, fixture carrier systems, linear drainage systems, and wastewater pre-treatment equipment including oil and grease interceptors. Hygienic and environmental products feature sensor-operated flush valves, commercial faucets, water-conserving fixtures, stainless steel sinks, and restroom partition systems.

Zurn Elkay operates 21 principal manufacturing and warehouse facilities primarily in North America and employs approximately 2,600 people, with roughly 2,000 based in the United States. The company distributes products through approximately 1,000 independent sales representatives across 120 sales agencies in North America and maintains a network of regional distribution centers and third-party warehouses. The company's largest customer represented 18 percent of consolidated net sales in 2025, with the top five customers accounting for approximately 38 percent of total sales.

The company's current structure reflects significant corporate evolution. In October 2021, Zurn completed a reverse Morris Trust spin-off transaction divesting its Process and Motion Control business to Regal Rexnord Corporation. Subsequently, in July 2022, Zurn Water Solutions Corporation merged with Elkay Manufacturing Company, creating the combined entity Zurn Elkay Water Solutions Corporation. The company operates according to the Zurn Elkay Business System, a continuous improvement operating philosophy emphasizing customer satisfaction, strategy deployment, and world-class performance across all business functions.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
MILWAUKEE, WI
Fiscal year end
December
CIK
1439288
SIC
3560

Financial performance, year by year

Fiscal 2014–2025 · USD
$-208.20M$416.40M$1.04B$1.67B$2.29B2014201520162017201820192020202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Zurn Elkay Water Solutions Corp — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

408
funds hold it
0 of 35
superinvestors hold it
$3.70B
held by funds, at market
44.4%
of shares held by funds

Largest fund holders · Zurn Elkay Water Solutions Corp’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.41%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.24%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.10%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.17%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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