ZWSZurn Elkay Water Solutions Corporation

$49.21

Is the business good?

How good a business is ZWS?

Zurn Elkay Water Solutions Corporation earns 13% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

13%

Return on invested capital · cost of capital 9.0% · 3.8 points above what the capital costs: growth creates value

Operating margin
17%

Operating margin · Industrials median 10% · 12 months to Q1 2026

Share count, year on year
−1.5%

Share count, year on year · bought back, each share owns more of the company

Gross margin
45%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY201915%
FY202112%
FY20228.4%
FY202313%
FY202416%
FY202516%
Details
Gross margin12 months to Q1 2026
45%
Operating margin12 months to Q1 2026
17%
Net margin12 months to Q1 2026
12%
Revenue, trailing twelve months
$1.74B
Net income, trailing twelve months
$213M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
13%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.