Zurn Elkay Water Solutions Corporation reported a strong financial performance for the fiscal year ending December 31, 2025, with net sales reaching $1.696 billion, an increase of 8.3% from $1.567 billion in 2024. The company's income from operations also rose to $278.9 million, representing a 14% increase from the previous year's $244.6 million. This growth was attributed to a combination of higher sales across all product categories and productivity improvements, despite challenges such as adjustments to state inventories under the Last-In, First-Out (LIFO) method.

The company experienced significant operational changes during the year, including the termination of its U.S. defined benefit pension plan, which resulted in a pre-tax settlement gain of $10 million. Additionally, Zurn Elkay completed the divestiture of its asbestos liabilities and certain assets, removing these obligations from its balance sheet. The company also continued to execute restructuring initiatives aimed at enhancing operational efficiency, incurring $9.6 million in related charges during the year.

Zurn Elkay's customer base remains robust, with the largest customer accounting for 18% of consolidated net sales in 2025. The company operates with approximately 1,000 independent sales representatives across North America, which has contributed to its strong market presence. As of December 31, 2025, Zurn Elkay employed around 2,600 individuals, with a focus on maintaining a skilled workforce to support its growth strategy.

Looking ahead, Zurn Elkay anticipates continued growth driven by demand in institutional and commercial construction markets, as well as ongoing product innovation. The company is committed to pursuing strategic acquisitions to expand its product offerings and geographic reach. Despite potential challenges from economic fluctuations and competitive pressures, Zurn Elkay's management remains optimistic about achieving its long-term growth objectives, supported by a strong financial position and operational improvements.

About Zurn Elkay Water Solutions Corp

Zurn Elkay Water Solutions Corporation designs, manufactures, and markets sustainable water management products, including water safety, flow systems, hygienic fixtures, and filtered drinking water solutions. Serving institutional, commercial, waterworks, and residential markets, it emphasizes innovation, specification-driven solutions, and long-term customer relationships. The company leverages a disciplined operating system, strategic acquisitions, and a broad distribution network to maintain industry leadership in water efficiency, safety, and hygiene.

This description was generated via AI from an annual report. Updated 8 months ago.

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