Zurn Elkay Water Solutions Corporation (ZWS) Stock

Zurn Elkay Water Solutions Corporation (ZWS) is a Industrials stock trading at $48.39 (as of 2026-07-24), with a market capitalization of $8.07B and a trailing P/E of 37.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Zurn Elkay Water Solutions Corporation designs, manufactures, and markets water system and plumbing products for non-residential buildings and related markets. Its portfolio includes Zurn-branded plumbing, drainage/interceptors, water control and backflow, fire protection, and repair parts, plus World Dryer hand and hair dryers and baby changing stations, and Just Manufacturing stainless steel sinks and fixtures for applications including education, healthcare, government, hospitality, and food service.

Understand Zurn Elkay Water Solutions Corporation: how it makes money

Zurn Elkay Water Solutions Corporation designs, procures, manufactures, and markets water system solutions for non-residential buildings, selling plumbing and water control products under the Zurn brand, World Dryer hand and hair dryers and baby changing stations, and stainless steel products under the Just Manufacturing brand.

Its profit is driven by selling manufactured water-system components and related repair parts (and some adjacent facilities products) into non-residential buildings, so demand tends to track the level of

Business quality (Mixed): Clear description of what Zurn Elkay sells and how it earns revenue through manufactured, branded water-system products, but the provided data does not include official reportable segment revenue breakdowns, limiting how precisely profit drivers can be attributed across product lines.

Valuation: At 38× earnings, ZWS trades 13% above the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

Brand portfolio across water and facilities needs: It sells water system solutions for water quality, safety, flow control, and conservation, plus World Dryer products and stainless steel items under the Just Manufacturing brand.
Repair parts and related products support repeat needs: It offers repair parts under the Zurn brand, which can help support ongoing demand alongside new installations.

Bear case

Operating metrics provided are impact-focused: The supplied operating KPIs are expressed as counts and other impact measures (for example, filtered water delivered), which may not directly map to near-term financial performance.
Limited visibility into how products contribute: No official reportable segment revenue breakdown was provided, which reduces investor visibility into which product categories are driving results.

Valuation — source: SEC EDGAR (first-party)
Price	$48.39
Market Cap	$8.07B
P/E Ratio	37.9
EV / EBITDA	25.5
Price / Book	5.03
Price / Sales	4.64
DCF Value (model)	$16.50
DCF Upside vs Price	-65.9%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$1.70B
Net Margin	11.7%
Revenue Growth (YoY)	11.4%
EPS Growth (YoY)	34.6%

Financial Health — source: SEC EDGAR
Altman Z-Score	5.13 (safe)
Piotroski F-Score	8/9 (strong)

Valuation vs Sector & Industry
Stock P/E	37.9
Sector P/E (Industrials)	28.3
Industry P/E (Machinery)	33.7
vs Sector	33.9%
vs Industry	12.4%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($1.08B)
Institutional Holders Tracked	10

Company
Sector	Industrials
Industry	Machinery
CEO	Todd A. Adams
Employees	2,500
Country	US
IPO Date	2012-03-29

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.