Earnings ·
Zurn Elkay raises annual dividend 18% to $0.52 per share as Q3 net income rises to $76 million
ZWSZurn Elkay Water Solutions Corp
Zurn Elkay Water Solutions reported third-quarter 2026 net sales of $495 million, a 7% increase in core sales compared to the prior year period. Net income from continuing operations rose to $76 million, or $0.45 diluted EPS, up from $60 million and $0.35 diluted EPS in the year-ago quarter. Adjusted EBITDA reached $140 million with a 28.3% margin, while free cash flow totaled $110 million. The company completed its acquisition of Intellihot, Inc., deployed $35 million to repurchase 0.7 million shares, and increased its annual dividend by 18% to $0.52 per share. Zurn Elkay Water Solutions designs, manufactures, and markets water management solutions for public and private spaces.