ZWS|Zurn Elkay Water Solutions Corp
General Industrial Machinery & Equipment
- Revenue
- $1.7B
- ▲ 8.3% YoY
- Operating margin
- 16.4%
- ▲ 5.3% YoY
- EBITDA
- $309M
- ▲ 13% YoY
- Market cap
- $7.4B
- Employees
- 2,600
- $652K revenue each
- Net debt / EBITDA
- 0.6×
- $193M net debt
- AI in 10-K
- 4.2
- mentions per 10K words
TSR below peersNo
—
3+ of last 5 years
High CEO pay despite TSRNo
—
Median CEO pay ≥ $15M while TSR trails
Earnings not backed by cashNo
175% of net income
Cash flow under 80% of net income
Dilutive SBCNo
2% of revenue
Over 10% of revenue
Payouts exceed cash flowNo
65% of cash flow
Buybacks + dividends over cash flow
Goodwill-heavyNo
30% of assets
Over 40% of assets
Shareholder dissentNo
88% lowest support
Any vote under 80% support
Buyer economics 0 of 4
Low revenue per employeeNo
$652K · 79th pct
Bottom quartile of its SIC industry
Quiet on AINo
4.2 per 10K words · 79th pct
Bottom quartile of AI mentions in 10-Ks
Net cashNo
0.6× EBITDA net debt
More cash than debt, positive EBITDA
Buyout-sizedNo
$7.4B market cap
Market cap $500M–$5B
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY | Trend |
|---|
| Revenue | $911M | $1.3B | $1.5B | $1.6B | $1.7B | ▲ 8.3% | |
|---|
| Operating income | $107M | $107M | $191M | $245M | $279M | ▲ 14% | |
|---|
| Net income | $121M | $62M | $113M | $160M | $198M | ▲ 24% | |
|---|
| Operating cash flow | $224M | $97M | $254M | $294M | $347M | ▲ 18% | |
|---|
| Stock-based comp | $51M | $25M | $40M | $38M | $41M | ▲ 7.1% | |
|---|
| Buybacks | $900K | $25M | $125M | $150M | $160M | ▲ 6.5% | |
|---|
| Dividends | $36M | $33M | $50M | $57M | $64M | ▲ 13% | |
|---|
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|
| Oct 2, 2024 | Ice Mountain LLC | SC 13D/A | 13.7% | Passive |
| Jul 12, 2022 | Halperin Errol R. | SC 13D | 13.9% | Active |
Insider trading
- Open-market buys, 12 mo
- $100K · 1
- Open-market sells, 12 mo
- $39M · 24
- Net
- −$39M
Pay vs performance
No pay-versus-performance disclosure yet.