ZWS
Zurn Elkay Water Solutions Corporation47.16
-0.26-0.55%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
7.90BP/E (TTM)
43.27Basic EPS (TTM)
1.09Dividend Yield
0.01%Recent Filings
10-Q
Q3 FY2025 results
Zurn Elkay Water Solutions posted solid Q3 results, with net sales climbing 11.1% year over year to $455.4 million, fueled by core growth across all product categories and price realization. Operating income rose 10.4% to $77.5 million, holding steady at 17.0% of sales despite LIFO inventory adjustments, while diluted EPS from continuing operations improved to $0.35 from $0.25, reconciling cleanly with 170,273 thousand shares. Cash from operations hit $254.8 million year to date, funding $20.7 million in capex and yielding free cash flow of $234.1 million (derived), with $260.1 million in cash bolstering liquidity against $496.4 million in debt, including a $476.1 million term loan at 6.24% maturing 2028 and full $200 million revolver availability. Pension settlement delivered a $10.0 million gain, trimming restructuring costs to $1.8 million. Yet tariffs on imports pose ongoing cost pressures.
8-K
Q3 sales up 11%, EBITDA rises
Zurn Elkay Water Solutions posted Q3 net sales of $455 million, up 11% from $410 million last year, with core sales matching that growth across all categories. Adjusted EBITDA climbed 16% to $122 million, or 26.8% of sales, while free cash flow hit $94 million, trimming net debt leverage to 0.6x. The company boosted its dividend 22% to $0.44 per share, hiked share repurchases to $500 million, and terminated its US Pension Plan. Cash flows strong. Full-year adjusted EBITDA now eyes $437-440 million.
10-Q
Q2 FY2025 results
Zurn Elkay Water Solutions posted solid Q2 results, with net sales climbing 7.9% year-over-year to $444.5 million, driven by 8% core growth across all product categories, while gross margin held steady at 45.5% amid productivity gains offsetting LIFO adjustments. Operating income rose 7.9% to $77.6 million, or 17.5% of sales, and diluted EPS from continuing operations improved to $0.29 from $0.26, reconciling neatly with 170 million weighted shares. Cash from operations surged 10.4% year-to-date to $153.5 million, yielding $140.2 million in free cash flow after $13.3 million capex, bolstering $201.9 million in cash against $495.9 million debt (term loan at 6.41%, full revolver availability). Restructuring trimmed costs, yet tariffs pose pricing risks.
8-K
Q2 sales up 8%, guidance raised
Zurn Elkay Water Solutions posted Q2 net sales of $445 million, up 8% from $412 million last year, with core sales matching that growth across all categories. Adjusted EBITDA hit a record $118 million at 26.5% margin, up 13%, while adjusted EPS climbed 27% to $0.42; free cash flow topped $100 million for the first time. The company raised its full-year outlook to at least 5% core sales growth and $420–430 million adjusted EBITDA, assuming stable tariffs. Strong supply chain flexibility offset global tariff pressures. Leverage sits low at 0.7x.
8-K
PIP amendment approved
Zurn Elkay Water Solutions shareholders approved the amended Performance Incentive Plan at the May 1, 2025 annual meeting, adding 2,500,000 shares for future equity awards. The vote passed overwhelmingly at 98.1%, signaling strong support for executive incentives. Directors Bartlett, Butler, Jahnke, and Longren were elected to three-year terms with 94-98% approval. This bolsters talent retention amid growth pressures.
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