Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
ZWS · NYSE · United States · General Industrial Machinery & Equipment
In shortZurn Elkay Water Solutions Corp is profitable, generates cash and carries moderate debt, with revenue growing (+8.3% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 16.4% | 71/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 11.7% | 67/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.4% | 62/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.0% | 66/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.13× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.31× | 94/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.63× | 96/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 9.75× | 79/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.24 | 29/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 20.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.75× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 14.8% | 56/100 |
| Operating margin volatility | 3.2% | 80/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 9.8% | 71/100 |
|---|---|---|
| EPS growth, 3-year average | 42.2% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 911 | 1,282 | 1,531 | 1,567 | 1,696 |
| Cost of revenue | 538 | 816 | 882 | 860 | 931 |
| Gross profit | 373 | 466 | 648 | 707 | 765 |
| Selling, general & admin | 239 | 309 | 371 | 390 | 418 |
| Operating income | 107 | 107 | 191 | 245 | 279 |
| Interest expense | 35 | 27 | 39 | 33 | 29 |
| Pre-tax income | 52 | 84 | 147 | 207 | 256 |
| Income tax | 2.7 | 27 | 43 | 48 | 64 |
| Net income | 121 | 62 | 113 | 160 | 198 |
| Diluted EPS | $0.97 | $0.40 | $0.64 | $0.92 | $1.15 |
| Diluted shares (millions) | 125 | 154 | 177 | 175 | 171 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.24 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Apr 21, 2026