Zurn Water Solutions Corporation ( (ZWS) ) has released its Q3 earnings. Here is a breakdown of the information Zurn Water Solutions Corporation presented to its investors.
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Zurn Elkay Water Solutions Corporation is a Milwaukee-based company specializing in water management solutions, offering a wide range of products aimed at improving health, hydration, and environmental safety. The company operates in the water management sector and is recognized for its sustainable growth and responsible business practices.
In its latest earnings report, Zurn Elkay Water Solutions Corporation announced a strong financial performance for the third quarter of 2025, with net sales reaching $455 million, marking an 11% increase compared to the same period last year. The company also reported a notable rise in net income from continuing operations, which climbed to $60 million from $44 million in the previous year.
Key financial highlights include a 26% growth in adjusted earnings per share, reaching $0.43, and a 16% increase in adjusted EBITDA to $122 million. The company also generated a free cash flow of $94 million and reduced its net debt leverage to 0.6x. Additionally, Zurn Elkay increased its annual dividend by 22% to $0.44 per share and expanded its share repurchase authorization to $500 million.
The company completed the termination of its US Pension Plan and deployed $25 million to repurchase 0.6 million shares of common stock during the quarter. Looking ahead, Zurn Elkay expects high-single-digit core sales growth and adjusted EBITDA between $99 million and $102 million for the fourth quarter.
With a strong balance sheet and exceptional cash generation, Zurn Elkay Water Solutions Corporation is well-positioned to pursue strategic M&A opportunities and continue returning capital to shareholders, reflecting a positive outlook for the remainder of the year.