other material
confidence high
sentiment neutral
materiality 0.40
Elkay Water Solutions FY21 revenue $566.8M, net income $46.2M in merger filings
Zurn Elkay Water Solutions Corp
- Audited FY2021: net sales $566.8M, gross profit $193.9M, operating income $50.1M, net income $46.2M.
- Audited FY2020: net sales $470.8M, gross profit $179.0M, operating income $53.4M, net income $44.8M.
- Unaudited interim Elkay financials for six months ended June 30, 2022 and pro forma combined info also filed.
- FY2021 Elkay cash from operations $22.1M, cap-ex $12.8M; paid $227.8M dividend to parent during year.
- FY2021 net sales grew 20.4% YoY; net income up 2.9% vs 2020 but down 15.7% vs 2019.