{"schema_version":"secwatch.filing_event.v1","accession":"0001439288-24-000015","form_type":"8-K","ticker":"ZWS","cik":"0001439288","company_name":"Zurn Elkay Water Solutions Corp","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.203761+00:00","generated_at":"2026-06-06T08:01:07.577289+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 Q4 adjusted EPS $0.26 vs $0.16; guides FY margin expansion, ~$250M FCF","bullets":["Q4 net sales $357M (+5% YoY); core sales +5% (incl. 400 bps product line exit impact).","Adjusted EBITDA $84M (23.6% margin) vs $65M (19.0%) YoY.","Record FY 2023 free cash flow $233M; net debt leverage 1.1x.","FY 2024 guidance: ~150 bps adj. EBITDA margin expansion, FCF ~$250M.","Repurchased $25M shares in Q4; prepaid $60M term loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001439288-24-000015","json":"https://secwatch.observer/filing/0001439288-24-000015.json","markdown":"https://secwatch.observer/filing/0001439288-24-000015.md","text":"https://secwatch.observer/filing/0001439288-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1439288/000143928824000015/0001439288-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1439288/000143928824000015/zws-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:01:07.577289+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":"62b8a0055357cd1791ed5352fcd11ec79eb4c97d","claim":"Zurn Elkay Water Solutions Corp reported calendar year 2023 results: revenue $1,531 million, net income $104 million, EPS $0.59.","evidence_excerpt":"$25 million to repurchase 0.8 million shares of common stock in the quarter. • Prepaid $60 million of our outstanding Term Loan. Calendar Year 2023 Highlights • Net sales were $1,531 million and increased by 19% from the comparable $1,282 million in calendar year 2022 (-1% core sales (1) inclusive of a 400 basis point impact from planned product line exits, +20% from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1439288/000143928824000015/0001439288-24-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"calendar year 2023"},{"label":"Revenue","value":"$1,531 million"},{"label":"Net income","value":"$104 million"},{"label":"EPS","value":"$0.59"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a8892abe35f8ccef76daae778e05d8110c2cc774","claim":"Zurn Elkay Water Solutions Corp reported the quarter ended December 31, 2023 results: revenue $357 million, net income $14 million, EPS $0.08.","evidence_excerpt":"February 7, 2024 at 8:30 a.m. Eastern Time MILWAUKEE, WI (USA) - Zurn Elkay Water Solutions Corporation (NYSE:ZWS) Fourth Quarter Highlights • Net sales increased 5% to $357 million compared with $340 million in last year’s December quarter (+ 5% core sales (1) ) . • Net income from continuing operations was $14 million (diluted EPS from continuing","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1439288/000143928824000015/0001439288-24-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Revenue","value":"$357 million"},{"label":"Net income","value":"$14 million"},{"label":"EPS","value":"$0.08"},{"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"}