{"schema_version":"secwatch.filing_event.v1","accession":"0001439288-23-000127","form_type":"8-K","ticker":"ZWS","cik":"0001439288","company_name":"Zurn Elkay Water Solutions Corp","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.086448+00:00","generated_at":"2026-06-09T04:30:44.173347+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Zurn Elkay Q3 adj. EBITDA margin 24.1% (+410 bps); raises FCF outlook to $230M","bullets":["Net sales $398M (-5% YoY); net income $35M vs loss $19M; adj. EPS $0.29 vs $0.26.","Adjusted EBITDA $96M (24.1% of sales) vs $84M (20.0%) in prior year.","Quarterly dividend increased 14% to $0.08/share; $13M share repurchases in quarter.","Full year FCF outlook raised to ~$230M from original $200M; net debt leverage 1.2x.","Q4 sales guided ~$351M (~6% organic growth) with adj. EBITDA margin 23.0-23.5%."],"urls":{"canonical":"https://secwatch.observer/filing/0001439288-23-000127","json":"https://secwatch.observer/filing/0001439288-23-000127.json","markdown":"https://secwatch.observer/filing/0001439288-23-000127.md","text":"https://secwatch.observer/filing/0001439288-23-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1439288/000143928823000127/0001439288-23-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1439288/000143928823000127/zws-20231031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:30:44.173347+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d7ac558a39fce2ff70dd03eaec767618773e539c","claim":"Zurn Elkay Water Solutions Corp reported the quarter ended September 30, 2023 results: revenue $398 million, net income $35 million, EPS $0.20. Guidance reaffirmed.","evidence_excerpt":"1, 2023 at 8:30 a.m. Eastern Time MILWAUKEE, WI (USA) - Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Third Quarter Highlights • Net sales in the quarter decreased 5% to $398 million compared with $418 million in last year’s September quarter ( -5% core sales (1) ) inclusive of the impact from previously announced and executed product line exits . • Net","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1439288/000143928823000127/0001439288-23-000127-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$398 million"},{"label":"Net income","value":"$35 million"},{"label":"EPS","value":"$0.20"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}