ZWS · Zurn Elkay Water Solutions Corp
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Jul 29, 2026TL;DR. ZWS posted 10% Q2 core sales growth to $491M with adjusted EBITDA margins hitting a record 27.7% (up 120bps), raised full-year 2026 guidance, and closed the $109M IntelliHot acquisition expanding its served market by $1.1B.
- + Q2 net sales grew 10% core/reported to $491M, above the high end of guidance, with broad-based growth led by water safety & control and drinking water.
- + Q2 adjusted EBITDA margin expanded 120bps YoY to a record 27.7%, exceeding the high end of guidance and the highest quarterly margin since the Zurn-LK merger.
- + Full-year 2026 adjusted EBITDA guidance raised to $503M-$513M with ~140bps margin expansion and free cash flow of at least $350M (excluding tariff refunds).
- + Closed $109M IntelliHot acquisition, expanding served market by $1.1B into tankless water heating with a target of $100M in revenue at 30% EBITDA margins within 5-6 years.
- + Net debt leverage fell to 0.3x, the lowest as a public company, with $112M free cash flow generated in Q2.
- + Returned $100M to shareholders YTD via buybacks ($50M in Q2 at ~$48/share) plus $37M in dividends, while incremental EBITDA margins ran at 40% YTD.
- − Q2 GAAP results were inflated by a $48M IEEPA reciprocal tariff refund that was excluded from adjusted earnings and is non-recurring.
- − Outlook assumes full impact of the transition from expired Section 122 tariffs to new Section 301 tariffs, creating near-term tariff exposure.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Core sales non-GAAP | 10% | the three months ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Pollution & Treatment Controls — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
ZWS
this stock
Zurn Elkay Water Solutions Corp
|
$7.75B | 0.0% | +19.4% | 37.5 | 2.9% |
|
VLTO
Veralto Corp
|
$23.86B | -5.5% | +6.0% | 25.0 | 2.7% |
|
CECO
Ceco Environmental Corp
|
$4.14B | +16.4% | +38.8% | — | 3.4% |
|
PCT
PureCycle Technologies, Inc.
|
$1.01B | -48.7% | — | — | 28.0% |
|
ADUR
Aduro Clean Technologies Inc.
|
$441.09M | +20.6% | — | — | 8.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| ZWS | -0.7% | -0.4% | -2.4% | -2.8% | 0.0% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | +0.0% | -0.5% | -14.6% | -2.2% | -11.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.