---
schema_version: "secwatch.filing_event.v1"
accession: "0001439288-23-000099"
form_type: "8-K"
ticker: "ZWS"
cik: "0001439288"
company_name: "Zurn Elkay Water Solutions Corp"
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:10:17.480948+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Zurn Elkay Q2: net sales $403M (+42% YoY, core -5%); diluted EPS $0.19 vs $0.28; raises FY outlook

## Summary
- Net sales $403M (+42% YoY, core -5%); net income $33M ($0.19 diluted EPS) vs $36M ($0.28).
- Adjusted EPS $0.24 vs $0.32; Adj EBITDA $87M (21.6% of sales) vs $64M (22.6%).
- Repurchased $50M of common stock (2.3M shares) in Q2; net debt leverage 1.5x.
- Raised low end of FY 2023 guidance: sales $1.525-1.55B, Adj EBITDA $335-345M, FCF ~$215M.
- Q3 outlook: sales $390-400M, Adj EBITDA margin 23.5-24.0%; CEO expects margin expansion.

## SEC filing metadata
- accession: 0001439288-23-000099
- form_type: 8-K
- ticker: ZWS
- cik: 0001439288
- company_name: Zurn Elkay Water Solutions Corp
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1439288/000143928823000099/0001439288-23-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1439288/000143928823000099/zws-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001439288-23-000099
- JSON: https://secwatch.observer/filing/0001439288-23-000099.json
- Plain text: https://secwatch.observer/filing/0001439288-23-000099.txt

## Key facts
- Earnings Releases
  Zurn Elkay Water Solutions Corp reported the quarter ended June 30, 2023 results: revenue $403 million, net income $33 million, EPS $0.19. Guidance raised.
  - Period: the quarter ended June 30, 2023
  - Revenue: $403 million
  - Net income: $33 million
  - EPS: $0.19
  - Guidance: raised
  - Result: reported results
  source text: Net sales in the quarter increased 42% to $403 million compared with $284 million in last year’s June quarter ( -5% core sales (1) , +47% acquisitions) . • Net income from continuing operations was $33 million (diluted EPS from continuing operations of $0.19) compared with $36 million (diluted EPS from continuing operations of $0.28) in the year-ago quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1439288/000143928823000099/0001439288-23-000099-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.