Stocks · Industrials · Industrial - Machinery

Zurn Elkay Water Solutions Corporation ZWS

$47.67 +1.00% Close, Oct 2, 2026 · NYSE · Market cap $7.91B

High qualityLow risk

Next earnings report: Oct 27, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $1.62, up 60.4% year over year.
  2. Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +7.5%).
  3. The shares trade at 29.4× trailing earnings, lower than 81% of the company's own readings over the past five years.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth64Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 50%
  • EPS growth (TTM, YoY)Top 18%
  • FCF growth (TTM, YoY)Top 34%
  • Revenue growth, 3-year CAGRTop 30%
  • Revenue growth accelerationBottom 17%
Quality91Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 29%
  • Gross marginTop 17%
  • Operating marginTop 17%
  • Cash conversion (OCF / net income)Bottom 47%
  • Accruals (lower is better)Top 46%
  • Net debt / EBITDA (lower is better)Top 27%
  • Interest coverTop 22%
Value58Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 38%
  • Free-cash-flow yieldTop 33%
  • EBITDA / enterprise valueBottom 36%
  • Sales / enterprise valueBottom 21%
  • P/E vs own 5-year history (lower is better)Top 20%
Momentum55Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthBottom 40%
  • 6-month returnTop 48%
  • 1-year return vs S&P 500Bottom 45%
  • Distance from 52-week highTop 23%
  • Trend checklist (0–4)Top 42%
Revisions60Neutral

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 43%
  • Consecutive EPS beatsTop 5%
  • Share of analysts rating BuyBottom 28%
  • Upside to consensus price targetBottom 38%
Stability97Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 5%
  • Maximum drawdown, 3 yearsTop 13%
  • Beta vs S&P 500 (lower is better)Top 22%
  • Net debt / EBITDA (lower is better)Top 27%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)10.0%7.7%↓
EPS growth (YoY)28.9%60.4%↑
Gross margin44.6%44.8%↑
Operating margin16.4%17.4%↑
FCF margin17.4%21.6%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)7.7%10.0%↓Bottom 50%
EPS growth (TTM, YoY)60.4%28.9%↑Top 18%
Gross margin44.8%44.6%↑Top 17%
Operating margin17.4%16.4%↑Top 17%
Net margin15.9%10.8%↑—
Free-cash-flow margin21.6%17.4%↑—
Return on invested capital9.3%—Top 29%
Revenue growth, 3-year CAGR9.8%—Top 30%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.45×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-4.5%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.9%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+4.0 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
0.52×
Interest cover (operating income / interest)How many times operating profit covers interest.
11.7×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.89%
Net buyback yield (TTM)
1.78%
Shareholder yield
2.67%
Share count change, 1 year
-0.5%
Share count change, 3-year CAGR
-1.4%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 28, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
14
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+7.5%
Average 2-day reaction, last 8
+0.7%
Positive 20 days after report
7 of 8

Analysts

Consensus price target
$58.67
Target vs current price
+23.1%
Analysts with a rating
9
Share rating Buy or Strong Buy
44%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 28, 2026+5.6%+1.1%+5.0%+0.2%—
Apr 21, 2026+10.8%+0.3%+10.5%+0.5%+1.3%
Feb 3, 2026+5.9%+0.3%+11.9%+7.1%+8.4%
Oct 28, 2025+7.5%-1.3%+0.9%+1.4%+0.4%
Jul 29, 2025+16.7%-0.4%+14.5%+19.3%+22.5%
Apr 22, 2025+6.9%+4.9%+13.5%+26.0%+25.7%
Feb 4, 2025+14.3%+0.7%-2.9%-13.6%-13.2%
Oct 29, 2024+6.3%-0.4%+3.0%+11.6%+7.8%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 28, 2026$0.50$0.47+5.6%$491.0M
Apr 21, 2026$0.41$0.37+10.8%$433.0M
Feb 3, 2026$0.36$0.34+5.9%$407.2M
Oct 28, 2025$0.43$0.40+7.5%$455.4M
Jul 29, 2025$0.42$0.36+16.7%$444.5M
Apr 22, 2025$0.31$0.29+6.9%$388.8M
Feb 4, 2025$0.32$0.28+14.3%$370.7M
Oct 29, 2024$0.34$0.32+6.3%$410.0M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)29.4×41.1×19thTop 38%
P/E (forward)26.0×———
EV / EBITDA22.9×——Bottom 36%
EV / Sales4.66×——Bottom 21%
Free-cash-flow yield4.74%——Top 33%
Earnings yield3.40%——Top 38%

P/E over the past five years

Range 13.8× – 90.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+1.9%
Earnings per share growth (TTM)
+60.4%
Change in P/E multiple
-19.7%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-1.5%
200-day average slope (20 days)
-0.1%
Distance from 50-day average
-1.7%
Distance from 200-day average
-1.3%
RSI (14)
55.0
Relative volume
0.95×

Risk and drawdowns

Volatility, 60 days (annualized)
21.6%
Volatility vs own 5-year history
13th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
0.74
Correlation with S&P 500
0.39
Current drawdown from 1-year high
-10.4%
Maximum drawdown, 3 years
-30.4%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Nov 19, 2021Mar 23, 2023-47.8%335 days408 days (Nov 5, 2024)
Dec 9, 2024Apr 8, 2025-30.3%81 days77 days (Jul 30, 2025)
Jan 12, 2021Jan 27, 2021-19.2%10 days14 days (Feb 17, 2021)
Feb 6, 2026Mar 30, 2026-17.2%35 days19 days (Apr 27, 2026)
Aug 4, 2026Sep 10, 2026-14.4%26 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$7.91B
P/E (TTM)
29.4
EPS, diluted (TTM)
$1.62
Revenue (TTM)
$1.74B
Dividend yield
0.92%
52-week range
$43.06 – $55.00
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$910.9M$1.28B$1.53B$1.57B$1.70B
Gross profit$373.2M$465.5M$648.1M$707.0M$706.1M
Operating income$107.0M$107.1M$191.4M$244.6M$288.5M
Net income$120.9M$61.7M$112.7M$160.2M$198.0M
EPS (diluted)$0.97$0.40$0.64$0.92$1.12
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$410.0M$370.7M$388.8M$444.5M$455.4M$407.2M$433.0M$442.2M
Net income$43.5M$36.4M$43.6M$50.5M$61.8M$42.1M$58.9M$113.3M
EPS (diluted)$0.25$0.21$0.25$0.30$0.36$0.24$0.35$0.67
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$223.6M$97.0M$253.9M$293.5M$346.5M
Capital expenditure-$23.3M-$7.6M-$21.3M-$21.8M-$29.9M
Free cash flow$200.3M$89.4M$232.6M$271.7M$316.6M
Dividends paid-$36.4M-$32.5M-$50.4M-$56.6M-$63.9M
Net share buybacks-$900,000-$24.7M-$125.1M-$150.2M-$152.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$365.0M
Total assets
$2.78B
Total liabilities
$1.12B
Total debt
$550.5M
Net debt
$185.5M
Shareholders’ equity
$1.66B

As of Jun 30, 2026 (filed Jul 28, 2026).

Dividends

Ex-dateAmountPaid
Aug 20, 2026$0.11Sep 4, 2026
May 20, 2026$0.11Jun 5, 2026
Feb 20, 2026$0.11Mar 6, 2026
Nov 20, 2025$0.11Dec 5, 2025
Aug 20, 2025$0.09Sep 5, 2025
May 20, 2025$0.09Jun 6, 2025
Feb 20, 2025$0.09Mar 7, 2025
Nov 20, 2024$0.09Dec 6, 2024

Short interest

Shares sold short
4,884,117
Days to cover
5.98
Change vs previous report
+6.1%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Oct 5, 2021
2-for-1