---
schema_version: "secwatch.filing_event.v1"
accession: "0001439288-24-000167"
form_type: "8-K"
ticker: "ZWS"
cik: "0001439288"
company_name: "Zurn Elkay Water Solutions Corp"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:03:23.892565+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zurn Elkay Q3: sales +3%, adj EBITDA margin 25.6%, raises FY guidance, dividend up 13%

## Summary
- Net sales $410M (+3% core sales); net income $44M ($0.25 EPS) vs $35M ($0.20) YoY.
- Adjusted EBITDA $105M (25.6% margin) vs $96M (24.1%) - 150 bps expansion.
- Raised quarterly dividend 13% to $0.09/share; repurchased 1.6M shares for $50M in quarter.
- Full year adjusted EBITDA guidance raised to ~$387-389M; margin expansion now 250-270 bps (prior 200-250).
- Free cash flow YTD $217M; FY outlook raised to ~$260M. Net debt leverage at all-time low 0.8x.

## SEC filing metadata
- accession: 0001439288-24-000167
- form_type: 8-K
- ticker: ZWS
- cik: 0001439288
- company_name: Zurn Elkay Water Solutions Corp
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1439288/000143928824000167/0001439288-24-000167-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1439288/000143928824000167/zws-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001439288-24-000167
- JSON: https://secwatch.observer/filing/0001439288-24-000167.json
- Plain text: https://secwatch.observer/filing/0001439288-24-000167.txt

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