Zurn Elkay Water Solutions Corp Stock Price, News & Analysis

Zurn Elkay Water Solutions (NYSE: ZWS) has declared a quarterly cash dividend of $0.09 per share, payable on June 6, 2025, to stockholders of record as of May 20, 2025. The company, headquartered in Milwaukee, WI, is recognized as one of America's Most Responsible Companies and Greenest Companies by Newsweek, and one of the World's Best Companies for Sustainable Growth by TIME. Zurn Elkay specializes in sustainable water management solutions, offering products including water safety and control systems, flow systems, hygienic and environmental products, and filtered drinking water solutions for public and private spaces.

Zurn Elkay Water Solutions (NYSE: ZWS) has been recognized as one of America's Climate Leaders 2025 by USA TODAY and Statista, ranking No. 55 among 500 companies, No. 3 in the Capital Goods Sector, and No. 1 among Wisconsin-based companies.

The company achieved a significant 33.0% reduction in greenhouse gas (GHG) emissions intensity between 2021 and 2023, measured relative to revenue. The ranking was based on publicly available and independently verified emission data, including Scope 1 and Scope 2 emissions intensity reduction, CDP rating, and overall environmental record.

Zurn Elkay has also received recognition from other prestigious publications, including Newsweek's America's Most Responsible Companies (2021-2025) and TIME's World's Best Companies for Sustainable Growth 2025.

Zurn Elkay Water Solutions (NYSE:ZWS) reported strong Q1 2025 financial results with net sales reaching $389 million, up from $374 million in Q1 2024. The company achieved 5% core sales growth despite a 1% reduction from exchange rates.

Key financial metrics include:

• Net income of $41 million (EPS of $0.24), up from $34 million (EPS of $0.19)
• Adjusted EPS increased to $0.31 from $0.29
• Adjusted EBITDA of $98 million (25.2% of net sales) vs $90 million (24.1%)
• Net debt leverage of 0.9x

The company returned significant capital to shareholders through $77 million in share repurchases (2.3 million shares) and $15 million in dividends. For Q2 2025, Zurn Elkay expects core sales growth in the low to mid-single digit range with adjusted EBITDA margin between 25.5% and 26.0%.

Zurn Elkay Water Solutions (NYSE: ZWS) has scheduled its first quarter 2025 earnings release and investor conference call. The company will release its Q1 2025 financial results, covering the period ended March 31, 2025, after market close on Tuesday, April 22, 2025.

The earnings conference call and webcast presentation will be held on Wednesday, April 23, 2025, at 7:30 a.m. Central Time. Chairman and CEO Todd Adams and CFO Dave Pauli will co-host the event, providing a general business update and addressing investor questions.

Investors can access the call via domestic toll-free (800-715-9871) or international toll (646-307-1963) numbers using access code 6071902. A live webcast will be available on the company's investor relations website, with replay access post-event.

Zurn Elkay Water Solutions (NYSE: ZWS) has been awarded the 2025 Top Workplaces USA recognition by Energage and USA Today, based exclusively on employee feedback through engagement surveys.

Under the leadership of Chairman and CEO Todd A. Adams, the company has implemented several employee-focused initiatives, including:

• A new employee stock purchase program offering discounted stock purchases
• 20 hours of annual volunteer time
• Enhanced professional development programs, achieving 18.6 average training hours per associate in 2024

The Top Workplaces award, with its 15-year history, evaluated over 42,000 organizations through comprehensive surveys measuring 15 Culture Drivers that indicate high performance. Zurn Elkay's recognition highlights its success in creating a workplace environment where employees can develop their careers while contributing to the company's water-focused mission.

Zurn Elkay Water Solutions (NYSE: ZWS) has released its 2024 Sustainability Report, marking the beginning of its 125th anniversary celebration. The company reported significant environmental achievements, including saving 32.5 billion gallons of water and preventing the use of 19 billion single-use plastic bottles in 2024.

Key highlights include a 23% reduction in energy intensity from its 2021 baseline, exceeding their 15% target for 2024, and a 38% reduction in GHG intensity, progressing toward their 2030 goal of 50%. The company launched innovative solutions including a Total Cost of Ownership Calculator and new filtered water products.

More than 86% of Zurn Elkay's revenue comes from water conservation and protection products. The company invested $1.3 million in philanthropic giving, including the Fountains for Youth program, benefiting over a million students. They also advocated for filter-first legislation in several states to ensure K-12 students have access to clean, filtered drinking water.

Zurn Elkay Water Solutions (NYSE:ZWS) announced the pricing of a public offering by Ice Mountain , a former Elkay stockholder, of 7,750,000 shares at $35.00 per share. Zurn Elkay will repurchase approximately $55 million worth of shares (1,636,905 shares) from the underwriters at the same price.

The underwriters have a 30-day option to purchase an additional 1,162,500 shares. Ice Mountain , representing the Katz family's interests from the 2022 Zurn-Elkay merger, will receive all net proceeds. The selling stockholder has committed to a lock-up agreement for remaining shares until October 31, 2026.

Evercore ISI leads the offering as joint book-running manager, with Baird as additional book-running manager. The offering is expected to close on February 13, 2025.

Zurn Elkay Water Solutions (NYSE:ZWS) announced a public offering where Ice Mountain , a former Elkay stockholder, will sell 7,750,000 shares of common stock. The underwriters have a 30-day option to purchase an additional 1,162,500 shares. Zurn Elkay plans to repurchase approximately $50,000,000 worth of shares from the underwriters.

The company will not sell any common stock or receive proceeds from this offering. Evercore ISI is leading the offering as the joint book-running manager, with Baird as an additional book-running manager. BNP Paribas, Deutsche Bank Securities, Mizuho, Oppenheimer & Co., and Stifel are acting as co-managers.

Zurn Elkay Water Solutions (NYSE:ZWS) reported strong Q4 2024 results with net sales of $371 million, up 4% in core sales from the previous year. Q4 net income from continuing operations reached $36 million with diluted EPS of $0.21, compared to $14 million and $0.08 EPS in Q4 2023.

For full-year 2024, the company achieved net sales of $1,567 million, a 2% increase from 2023, with net income from continuing operations of $159 million. Notable achievements include record free cash flow of $272 million, completion of $150 million in stock repurchases, and dividend payments of $57 million.

Looking ahead to 2025, ZWS expects low single-digit core sales growth in Q1, with adjusted EBITDA margin between 24.5% and 25.0%. Full-year 2025 guidance includes core sales growth similar to 2024, adjusted EBITDA of $405-420 million, and projected free cash flow of approximately $290 million.