ZURN ELKAY WATER SOLUTIONS C (ZWS) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:ZWS • US98983L1089

52.78 USD
+1.67 (+3.27%)
At close: Feb 6, 2026
52.78 USD
0 (0%)
After Hours: 2/6/2026, 8:12:41 PM
Fundamental Rating

6

Overall ZWS gets a fundamental rating of 6 out of 10. We evaluated ZWS against 42 industry peers in the Building Products industry. ZWS scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ZWS is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • ZWS had positive earnings in the past year.
  • In the past year ZWS had a positive cash flow from operations.
  • ZWS had positive earnings in each of the past 5 years.
  • ZWS had a positive operating cash flow in each of the past 5 years.
ZWS Yearly Net Income VS EBIT VS OCF VS FCFZWS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M

1.2 Ratios

  • ZWS's Return On Assets of 7.39% is in line compared to the rest of the industry. ZWS outperforms 57.14% of its industry peers.
  • ZWS's Return On Equity of 12.35% is in line compared to the rest of the industry. ZWS outperforms 54.76% of its industry peers.
  • ZWS has a Return On Invested Capital (9.05%) which is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for ZWS is below the industry average of 12.37%.
  • The 3 year average ROIC (7.99%) for ZWS is below the current ROIC(9.05%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 7.39%
ROE 12.35%
ROIC 9.05%
ROA(3y)5.89%
ROA(5y)6.21%
ROE(3y)9.83%
ROE(5y)25.79%
ROIC(3y)7.99%
ROIC(5y)7.53%
ZWS Yearly ROA, ROE, ROICZWS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

1.3 Margins

  • ZWS's Profit Margin of 11.68% is fine compared to the rest of the industry. ZWS outperforms 64.29% of its industry peers.
  • In the last couple of years the Profit Margin of ZWS has grown nicely.
  • ZWS has a Operating Margin of 17.01%. This is in the better half of the industry: ZWS outperforms 69.05% of its industry peers.
  • In the last couple of years the Operating Margin of ZWS has remained more or less at the same level.
  • With an excellent Gross Margin value of 45.10%, ZWS belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
  • ZWS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 17.01%
PM (TTM) 11.68%
GM 45.1%
OM growth 3Y21.19%
OM growth 5Y0.12%
PM growth 3Y34.36%
PM growth 5Y7.82%
GM growth 3Y7.49%
GM growth 5Y2.66%
ZWS Yearly Profit, Operating, Gross MarginsZWS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

8

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ZWS is creating some value.
  • ZWS has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, ZWS has more shares outstanding
  • ZWS has a better debt/assets ratio than last year.
ZWS Yearly Shares OutstandingZWS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M
ZWS Yearly Total Debt VS Total AssetsZWS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 5.57 indicates that ZWS is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of ZWS (5.57) is better than 73.81% of its industry peers.
  • ZWS has a debt to FCF ratio of 1.57. This is a very positive value and a sign of high solvency as it would only need 1.57 years to pay back of all of its debts.
  • ZWS has a better Debt to FCF ratio (1.57) than 80.95% of its industry peers.
  • ZWS has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
  • With a decent Debt to Equity ratio value of 0.31, ZWS is doing good in the industry, outperforming 69.05% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.57
Altman-Z 5.57
ROIC/WACC1.01
WACC8.98%
ZWS Yearly LT Debt VS Equity VS FCFZWS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.3 Liquidity

  • ZWS has a Current Ratio of 3.13. This indicates that ZWS is financially healthy and has no problem in meeting its short term obligations.
  • ZWS has a Current ratio of 3.13. This is in the better half of the industry: ZWS outperforms 78.57% of its industry peers.
  • A Quick Ratio of 2.07 indicates that ZWS has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 2.07, ZWS belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 3.13
Quick Ratio 2.07
ZWS Yearly Current Assets VS Current LiabilitesZWS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 18.75% over the past year.
  • ZWS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.16% yearly.
  • The Revenue has grown by 8.26% in the past year. This is quite good.
  • ZWS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.89% yearly.
EPS 1Y (TTM)18.75%
EPS 3Y15.75%
EPS 5Y-3.16%
EPS Q2Q%12.5%
Revenue 1Y (TTM)8.26%
Revenue growth 3Y9.78%
Revenue growth 5Y-3.89%
Sales Q2Q%9.85%

3.2 Future

  • ZWS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.82% yearly.
  • The Revenue is expected to grow by 5.79% on average over the next years.
EPS Next Y10.14%
EPS Next 2Y9.66%
EPS Next 3Y11.03%
EPS Next 5Y10.82%
Revenue Next Year5.57%
Revenue Next 2Y5.25%
Revenue Next 3Y5.72%
Revenue Next 5Y5.79%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
ZWS Yearly Revenue VS EstimatesZWS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
ZWS Yearly EPS VS EstimatesZWS Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.5 1 1.5 2

1

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 34.72 indicates a quite expensive valuation of ZWS.
  • ZWS's Price/Earnings ratio is a bit more expensive when compared to the industry. ZWS is more expensive than 71.43% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.93. ZWS is valued slightly more expensive when compared to this.
  • Based on the Price/Forward Earnings ratio of 31.53, the valuation of ZWS can be described as expensive.
  • 69.05% of the companies in the same industry are cheaper than ZWS, based on the Price/Forward Earnings ratio.
  • ZWS's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.77.
Industry RankSector Rank
PE 34.72
Fwd PE 31.53
ZWS Price Earnings VS Forward Price EarningsZWS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ZWS is valued a bit more expensive than the industry average as 71.43% of the companies are valued more cheaply.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as ZWS.
Industry RankSector Rank
P/FCF 27.9
EV/EBITDA 23.94
ZWS Per share dataZWS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ZWS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.43
PEG (5Y)N/A
EPS Next 2Y9.66%
EPS Next 3Y11.03%

4

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.94%, ZWS is not a good candidate for dividend investing.
  • ZWS's Dividend Yield is a higher than the industry average which is at 0.64.
  • Compared to an average S&P500 Dividend Yield of 1.81, ZWS's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.94%

5.2 History

  • On average, the dividend of ZWS grows each year by 9.35%, which is quite nice.
  • ZWS has been paying a dividend for over 5 years, so it has already some track record.
  • The dividend of ZWS decreased recently.
Dividend Growth(5Y)9.35%
Div Incr Years1
Div Non Decr Years1
ZWS Yearly Dividends per shareZWS Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4

5.3 Sustainability

  • ZWS pays out 32.27% of its income as dividend. This is a sustainable payout ratio.
  • ZWS's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP32.27%
EPS Next 2Y9.66%
EPS Next 3Y11.03%
ZWS Yearly Income VS Free CF VS DividendZWS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
ZWS Dividend Payout.ZWS Dividend Payout, showing the Payout Ratio.ZWS Dividend Payout.PayoutRetained Earnings

ZURN ELKAY WATER SOLUTIONS C

NYSE:ZWS (2/6/2026, 8:12:41 PM)

After market: 52.78 0 (0%)

52.78

+1.67 (+3.27%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)02-03
Earnings (Next)04-20
Inst Owners94.67%
Inst Owner Change-2.6%
Ins Owners2.35%
Ins Owner Change-0.95%
Market Cap8.83B
Revenue(TTM)1.70B
Net Income(TTM)198.00M
Analysts76.92
Price Target52.47 (-0.59%)
Short Float %3.24%
Short Ratio5.42
Dividend
Industry RankSector Rank
Dividend Yield 0.94%
Yearly Dividend0.38
Dividend Growth(5Y)9.35%
DP32.27%
Div Incr Years1
Div Non Decr Years1
Ex-Date02-20
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.15%
Min EPS beat(2)4.94%
Max EPS beat(2)7.36%
EPS beat(4)4
Avg EPS beat(4)8.41%
Min EPS beat(4)4.94%
Max EPS beat(4)15.51%
EPS beat(8)8
Avg EPS beat(8)8.39%
EPS beat(12)12
Avg EPS beat(12)8.93%
EPS beat(16)15
Avg EPS beat(16)7.86%
Revenue beat(2)2
Avg Revenue beat(2)1.21%
Min Revenue beat(2)0.55%
Max Revenue beat(2)1.87%
Revenue beat(4)4
Avg Revenue beat(4)1.57%
Min Revenue beat(4)0.3%
Max Revenue beat(4)3.54%
Revenue beat(8)7
Avg Revenue beat(8)0.81%
Revenue beat(12)10
Avg Revenue beat(12)1.21%
Revenue beat(16)11
Avg Revenue beat(16)0.6%
PT rev (1m)0.38%
PT rev (3m)8.47%
EPS NQ rev (1m)0.51%
EPS NQ rev (3m)1.45%
EPS NY rev (1m)0.41%
EPS NY rev (3m)1.1%
Revenue NQ rev (1m)0.51%
Revenue NQ rev (3m)0.65%
Revenue NY rev (1m)0.22%
Revenue NY rev (3m)0.84%
Valuation
Industry RankSector Rank
PE 34.72
Fwd PE 31.53
P/S 5.21
P/FCF 27.9
P/OCF 25.49
P/B 5.51
P/tB N/A
EV/EBITDA 23.94
EPS(TTM)1.52
EY2.88%
EPS(NY)1.67
Fwd EY3.17%
FCF(TTM)1.89
FCFY3.58%
OCF(TTM)2.07
OCFY3.92%
SpS10.13
BVpS9.58
TBVpS-0.16
PEG (NY)3.43
PEG (5Y)N/A
Graham Number18.1
Profitability
Industry RankSector Rank
ROA 7.39%
ROE 12.35%
ROCE 11.92%
ROIC 9.05%
ROICexc 10.33%
ROICexgc 44.74%
OM 17.01%
PM (TTM) 11.68%
GM 45.1%
FCFM 18.67%
ROA(3y)5.89%
ROA(5y)6.21%
ROE(3y)9.83%
ROE(5y)25.79%
ROIC(3y)7.99%
ROIC(5y)7.53%
ROICexc(3y)8.8%
ROICexc(5y)8.31%
ROICexgc(3y)37.39%
ROICexgc(5y)30.7%
ROCE(3y)10.53%
ROCE(5y)9.91%
ROICexgc growth 3Y47.22%
ROICexgc growth 5Y5.13%
ROICexc growth 3Y39.63%
ROICexc growth 5Y0.22%
OM growth 3Y21.19%
OM growth 5Y0.12%
PM growth 3Y34.36%
PM growth 5Y7.82%
GM growth 3Y7.49%
GM growth 5Y2.66%
F-Score8
Asset Turnover0.63
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.57
Debt/EBITDA 1.31
Cap/Depr 33.71%
Cap/Sales 1.76%
Interest Coverage 250
Cash Conversion 91.86%
Profit Quality 159.9%
Current Ratio 3.13
Quick Ratio 2.07
Altman-Z 5.57
F-Score8
WACC8.98%
ROIC/WACC1.01
Cap/Depr(3y)27.54%
Cap/Depr(5y)25.33%
Cap/Sales(3y)1.52%
Cap/Sales(5y)1.54%
Profit Quality(3y)178.63%
Profit Quality(5y)169.29%
High Growth Momentum
Growth
EPS 1Y (TTM)18.75%
EPS 3Y15.75%
EPS 5Y-3.16%
EPS Q2Q%12.5%
EPS Next Y10.14%
EPS Next 2Y9.66%
EPS Next 3Y11.03%
EPS Next 5Y10.82%
Revenue 1Y (TTM)8.26%
Revenue growth 3Y9.78%
Revenue growth 5Y-3.89%
Sales Q2Q%9.85%
Revenue Next Year5.57%
Revenue Next 2Y5.25%
Revenue Next 3Y5.72%
Revenue Next 5Y5.79%
EBIT growth 1Y11.78%
EBIT growth 3Y33.05%
EBIT growth 5Y-3.78%
EBIT Next Year33.31%
EBIT Next 3Y16.49%
EBIT Next 5Y14.45%
FCF growth 1Y16.53%
FCF growth 3Y52.43%
FCF growth 5Y4.24%
OCF growth 1Y18.06%
OCF growth 3Y52.87%
OCF growth 5Y3.02%

ZURN ELKAY WATER SOLUTIONS C / ZWS FAQ

What is the fundamental rating for ZWS stock?

ChartMill assigns a fundamental rating of 6 / 10 to ZWS.


What is the valuation status for ZWS stock?

ChartMill assigns a valuation rating of 1 / 10 to ZURN ELKAY WATER SOLUTIONS C (ZWS). This can be considered as Overvalued.


Can you provide the profitability details for ZURN ELKAY WATER SOLUTIONS C?

ZURN ELKAY WATER SOLUTIONS C (ZWS) has a profitability rating of 7 / 10.


What is the financial health of ZURN ELKAY WATER SOLUTIONS C (ZWS) stock?

The financial health rating of ZURN ELKAY WATER SOLUTIONS C (ZWS) is 8 / 10.


What is the earnings growth outlook for ZURN ELKAY WATER SOLUTIONS C?

The Earnings per Share (EPS) of ZURN ELKAY WATER SOLUTIONS C (ZWS) is expected to grow by 10.14% in the next year.