Earnings ·
Zurn Elkay Water Solutions reported second quarter 2026 net sales of $491 million, a 10% increase in core sales…
ZWSZurn Elkay Water Solutions Corp
Zurn Elkay Water Solutions reported second quarter 2026 net sales of $491 million, a 10% increase in core sales compared to $445 million in the prior year. Net income from continuing operations rose to $113 million, or $0.67 diluted EPS, from $50 million, or $0.29 diluted EPS, previously. Adjusted EBITDA reached $136 million with a 27.7% margin, up from $118 million and 26.5% in the year-ago quarter. The company received $48 million in cash refunds related to IEEPA reciprocal tariffs. Management raised its full-year outlook, expecting adjusted EBITDA between $503 million and $513 million and full-year free cash flow of at least $350 million. The firm completed the acquisition of Intellihot and deployed $50 million to repurchase 1.0 million shares in the quarter. Zurn Elkay Water Solutions is a water management company that designs, manufactures, and markets specification-driven water management solutions.