ZWSZurn Elkay Water Solutions Corporation

$49.21

Is it safe?

Can ZWS take a bad year?

Zurn Elkay Water Solutions Corporation carries $226M of net debt at 0.66× EBITDA: a load its earnings can carry.

$226M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.66×

Net debt / EBITDA · 1.17× a year ago · the load is coming down

Altman Z-score
5.42

Altman Z-score · safe zone, above 3

Interest cover
10.8×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$499M
Cash and short-term investments
$274M
Net debt
$226M
EBITDA, trailing twelve months
$341M
Operating profit, trailing twelve months
$298M
Debt / equity
0.31×
Total debt / EBITDA
1.47×
Annualised volatilitytwo years of daily moves
29%
Worst drawdown on file
−47%
Below its 52-week high
−7.5%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.