earnings
confidence high
sentiment positive
materiality 0.80
Zurn Elkay Q1 earnings beat: EPS $0.41 adj, revenue $433M, core sales +11%
Zurn Elkay Water Solutions Corp
2026-Q1 EPS reported
$0.35
revenue$433,000,000
- Net sales $433M vs $389M YoY (+11% core sales); net income $59M ($0.35 diluted EPS).
- Adjusted EPS $0.41 vs $0.31 YoY; adjusted EBITDA $116M (26.8% margin, +160bps).
- Q2 guidance: core sales +8-9%, adj EBITDA margin 27.0-27.5%; full-year outlook may be raised.
- Bought back 1M shares for $50M; increased revolver capacity from $200M to $550M.
- Net debt leverage low at 0.5x; growth across nearly all product categories.