Zurn Elkay Water Solutions Corporation (ZWS) Stock Price & Analysis
Zurn Elkay Water Solutions Corporation (ZWS) closed at USD 48.66 on Thursday, October 22, 2026, up 0.58% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 48.38; the Oct 22, 2026 session ranged USD 47.27–49.17 on volume of 1,018,537 shares. Market capitalization is $8.07B, with a 52-week range of USD 43.06–55 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:58 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ZWS.md
Key facts (ZWS)
- Last four reported quarters (through Jun 30, 2026): revenue $1.79B, net income $276M (15.5% margin) (SEC filings).
- Valuation: P/E 29.2x (avg 42.4x at the last 3 fiscal year-ends), EV/EBITDA 20.5x, net debt $134M.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $1.3M; 1 not under a Rule 10b5-1 plan ($1.3M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $100K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Hold (mean 2.50 on a 1–5 scale) (10 analysts), mean target USD 56.89 (range 51–65).
- Total return with dividends: 1Y +7.1% vs S&P 500 +14.9%; 5Y +39.9% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 0.5, revenue estimate $493M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ZWS)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $911M | $1.28B | $1.53B | $1.57B | $1.70B | $1.79B |
| Gross profit | $373M | $466M | $648M | $707M | $765M | — |
| Operating income | $107M | $107M | $191M | $245M | $279M | $372M |
| Net income | $121M | $61.7M | $113M | $160M | $198M | $276M |
| EPS (diluted) | $0.97 | $0.40 | $0.64 | $0.92 | $1.15 | — |
| Gross margin | 41.0% | 36.3% | 42.3% | 45.1% | 45.1% | — |
| Operating margin | 11.7% | 8.4% | 12.5% | 15.6% | 16.4% | 20.8% |
| Net margin | 13.3% | 4.8% | 7.4% | 10.2% | 11.7% | 15.5% |
| Revenue growth | +22.1% | +40.7% | +19.4% | +2.4% | +8.3% | — |
| Cash + short-term investments | $96.6M | $125M | $137M | $198M | $301M | — |
| Total debt | $540M | $536M | $495M | $496M | $497M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ZWS)
P/E 29.2x · P/S 4.5x · EV/EBITDA 20.5x · EV/Sales 4.6x · P/B 4.9x · Earnings yield 3.42% · Dividend yield (paid, TTM) 0.87% · Buyback yield (TTM) 1.85% · Net debt $134M · EV $8.21B
P/E at fiscal year-ends: Dec 2025 40.2x, Dec 2024 40.7x, Dec 2023 46.3x.
Insider sales (SEC Form 4, open-market, last ~7 months) (ZWS)
0 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-04 | Peterson Mark W | Chief Administrative Officer | 25,000 | $1.3M | 7.4% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (ZWS)
1 purchase, $100K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-19 | Butler Jacques Donavon | Director | 2,016 | $100K | 49.6 | Too little history (no open-market trades in 2023–2025) |
Analysts (ZWS)
Consensus Hold (mean 2.50 on a 1–5 scale), 10 analysts; mean target USD 56.89 (low 51, high 65).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | RBC Capital | Target lowered | Sector Perform | $58 → $54 |
| 2026-09-09 | Oppenheimer | Target raised | Outperform | $58 → $60 |
| 2026-07-31 | Barclays | Target raised | Overweight | $59 → $61 |
| 2026-07-30 | RBC Capital | Target raised | Sector Perform | $56 → $58 |
| 2026-07-30 | Stifel | Target raised | Buy | $56 → $62 |
| 2026-07-20 | Stifel | Target lowered | Buy | $59 → $56 |
| 2026-06-30 | Barclays | Initiated | Overweight | $59 |
Total return (dividends reinvested) (ZWS)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +7.1% | +39.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +7.2% | +6.9% |
| Volatility (annualized) | 27.4% | 30.3% |
| Max drawdown | -17.0% (Feb 2026→Mar 2026) | -47.1% (Nov 2021→Mar 2023) |
ZWS revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $452.1M | 92.1% | +10.2% |
| Canada | $26.9M | 5.5% | +6.3% |
| Rest of world | $12.0M | 2.4% | +36.4% |
| Total revenue | $491.0M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
ZWS customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 18% of revenue, per the company's 10-K filed Feb 9, 2026. The company does not name it.
ZWS company outlook (results filed Jul 28, 2026)
- “For the third quarter, we expect core sales (1) growth of approximately 6% to 7% and adjusted EBITDA margins (1) to be around 28%.”
- “We currently expect mid-single digit core (1) growth in the fourth quarter and for the full year 2026, adjusted EBITDA (1) between $503 million to $513 million, which would represent year-over-year margin expansion of roughly 140 basis points compared to 2025 (excluding all tariff related refunds).”
- “We expect Intellihot sales to approximate $16 million for the remainder of 2026.”
- “Finally, we expect full year free cash flow (1) of at least $350 million, which also excludes the net impact of tariff related refunds we've already received." Second Quarter 2026 Overview Net sales were $491.0 million and $444.5 million during the three months ended June 30, 2026 and June 30, 2025, respectively, an increase of 10% year over year.”
Quoted word-for-word from the SEC 8-K results press release.
ZWS analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.50 | $0.48 | +4.3% | $493.4M | 10 |
| Next quarter (ends Dec 2026) | $0.42 | $0.39 | +7.4% | $438.1M | 9 |
| Current fiscal year (ends Dec 2026) | $1.83 | $1.76 | +4.3% | $1.85B | 10 |
| Next fiscal year (ends Dec 2027) | $2.03 | $1.93 | +5.5% | $1.97B | 10 |
ZWS options: expected move
Options price a move of about ±8.2% (±$3.97) by Nov 20, 2026, which includes earnings on Oct 27, 2026. Over the last 8 reports the stock moved ±6.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 35.6% | ±8.2% |
| Feb 19, 2027 | 119 | 31.6% | ±14.3% |
| May 21, 2027 | 210 | 30.8% | ±18.3% |
30-day implied volatility 33.5% vs 14.2% realized over the last 30 trading days. Put/call ratio (volume) 5. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:58 UTC)
| Price | USD 48.66 |
|---|---|
| Change | ▲ 0.58% (up) |
| Previous Close | USD 48.38 |
| Open | USD 47.96 |
| Day Range | USD 47.27 – 49.17 |
| 52-Week Range | USD 43.06 – 55 |
| Volume | 1,018,537 shares |
| Market Cap | $8.07B |
| Exchange | NYQ |
Technical Analysis (ZWS)
Nexqual's technical model rates ZWS "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:58 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 63.56 (neutral) |
| vs SMA50 | Above (USD 47.49) |
| MACD | 0.18 (positive) |
Analyst Ratings (ZWS)
Wall Street analysts rate ZWS "Hold" based on 10 analysts, with a mean price target of USD 56.89 (range USD 51–65), per Nexqual as of October 23, 2026 at 09:58 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 10 |
| Mean Target | USD 56.89 |
| High Target | USD 65 |
| Low Target | USD 51 |
| Buy / Hold / Sell | 4 / 6 / 0 |
Earnings (ZWS)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 0.5 |
| Revenue Estimate | $493.37M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.5 vs est 0.47 ▲ beat |
| 2026-03-31 | USD 0.41 vs est 0.36 ▲ beat |
| 2025-12-31 | USD 0.36 vs est 0.34 ▲ beat |
| 2025-09-30 | USD 0.43 vs est 0.4 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financials & Fundamentals (ZWS)
| Total Revenue | $1.79B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +10.50% |
| Gross Margin | +49.01% |
| Operating Margin | +31.36% |
| Profit Margin | +15.45% |
| ROE | +16.92% |
| Debt / Equity | 0.33 |
| Current Ratio | 3.05 |
| Total Cash | $365.00M |
| Total Debt | $550.50M |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Financial Health Score (ZWS)
Nexqual rates Zurn Elkay Water Solutions Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:58 UTC.
| Growth | Solid — Revenue +8% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 49%, operating 31% (last 12 months) |
| Balance Sheet | Strong — $365M cash and investments vs $499M debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $401M (TTM) |
| Efficiency | Solid — ROE 17%, ROA 8.7% |
Ownership (ZWS)
| Insider Ownership | +11.63% |
|---|---|
| Institutional Ownership | +92.77% |
| Shares Outstanding | 165.86M |
| Float | 147.02M |
| Short % of Float | +3.80% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
Leadership (ZWS)
Zurn Elkay Water Solutions Corporation is led by Todd A. Adams, CEO & Chairman, per Nexqual as of October 23, 2026 at 09:58 UTC.
| CEO & Chairman | Todd A. Adams |
|---|---|
| President | Jeffrey A. Schoon |
| Chief Operating Officer | David J. Pauli |
| Chief Financial Officer | Daniel J. Klun |
| Vice President of Marketing, Corporate Communications & Sustainability | Angela Hersil |
Major Backers & Investors (ZWS)
Notable institutional backers of Zurn Elkay Water Solutions Corporation include Kayne Anderson Rudnick Investment Management LLC, Bank of America Corporation, Invesco, according to Nexqual as of October 23, 2026 at 09:58 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Kayne Anderson Rudnick Investment Management LLC | 5.36% |
| Bank of America Corporation | 3.32% |
| Invesco | 2.8% |
| Beck, Mack & Oliver LLC | 2.07% |
| Jupiter Topco LLC | 2.06% |
| First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc | 1.08% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.81% |
| Vanguard Group | 9.65% |
| State Street | 3.61% |
| Geode Capital | 2.32% |
Source: Nexqual, October 23, 2026 at 09:58 UTC.
From Zurn Elkay Water Solutions Corporation's Latest SEC 10-K Filing (filed 2026-02-09)
Key Strengths & Strategy (as disclosed to the SEC)
- Our proprietary designs are primarily fabricated from fiberglass reinforced polyester, which we believe is gaining market share from traditional concrete products due to its reliability, service life, ease of service, and lowest cost of ownership.
- We have a track record of acquiring and integrating companies and expect to continue to pursue strategic acquisitions that will broaden our product lines, allow us to move into adjacent markets and expand our geographic presence.
- We believe that we can continue to grow our platform long term at rates above the growth rate of the overall market and the growth rate of our competition, by focusing our efforts and resources towards end markets that have above-average growth characteristics.
- The combination of Elkay's wide array of sinks recognized for their design, durability and aesthetics, World Dryer's eco-friendly hand dryers, Just Manufacturing's stainless steel product portfolio, Hadrian's partition systems and Zurn's water-efficient fixtures allows us to deliver a bundle of products to our customers, what we believe is the most comprehensive hygienic and environmental content to new and existing buildings.
Legal & Regulatory Risks (Item 1A, quoted)
- Our failure to comply with government regulations and requirements, third-party certification requirements and policies and standards driven by our customers or other constituencies, including those related to social responsibility, could adversely affect our reputation, business and results of operations.
- Our compliance with these policies, standards and third-party certification requirements could be costly and could in some cases require us to change the way in which we operate.
- Regulatory and legislative developments related to climate change, may materially adversely affect our business and financial condition.
- We may incur significant costs for environmental compliance and/or to address liabilities under environmental laws and regulations, and our reputation may be adversely affected.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:58 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt