Zurn Elkay Water Solutions Corp (NYSE: ZWS) is a water management company that designs, procures, manufactures, and markets specification-driven water management products for commercial and institutional buildings. Revenue comes from transactional product sales across four categories: water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water products. The company operates as a pure-play water management business following the October 2021 spin-off of its Process & Motion Control segment to Regal Rexnord Corporation. Headquartered in Milwaukee, Wisconsin, ZWS reported net sales implying income from operations of $278.9 million, or 16.4% of net sales, for the year ended December 31, 2025, versus $244.6 million, or 15.6% of net sales, for the year ended December 31, 2024. Products are specification-driven, meeting regulatory and building code requirements through bodies including NSF, ANSI, IAPMO, and AWWA, which creates end-user loyalty and repeat specification. The company pays a quarterly cash dividend, most recently raised to $0.11 per share as declared October 28, 2025.

Revenue model

Transactional product sales of specification-driven water management hardware to building owners and contractors through an extensive distribution network. Products are project-critical but represent a low percentage of overall project cost, supporting price realization. No subscription or recurring-fee model is disclosed in the filing.

Products and services

Water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water products. Products are manufactured using raw materials including bronze, iron, brass, stainless steel, carbon steel, zinc, and engineered plastics.

Customers and end markets

Building owners, contractors, and specifiers in public and private commercial and institutional spaces. Products are specification-driven and must meet county-specific regulatory, building, and plumbing code requirements. No customer concentration data is disclosed in the excerpts.

Value-chain role

Designer, manufacturer, and marketer of finished water management products sold through a distribution network. The company uses third-party raw material suppliers and third-party shippers. The Zurn Elkay Business System (ZEBS) is the internal operating framework targeting continuous improvement across manufacturing and customer satisfaction.

Geographic exposure

Principal executive offices located at 511 West Freshwater Way, Milwaukee, Wisconsin 53204. Geographic revenue breakdown is not disclosed in the excerpts.

Source: SEC 10-K, filed 2026-02-09

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