Zurn Elkay Water Solutions Corporation reported a solid financial performance for the second quarter of 2025, with net sales reaching $444.5 million, an increase of 7.9% compared to $412.0 million in the same period last year. For the first half of 2025, the company generated $833.3 million in net sales, up 6% from $785.8 million in the first half of 2024. The growth was attributed to improved core sales across all product categories, despite a 1% negative impact from foreign currency exchange rates. The company’s income from operations also saw a year-over-year increase, rising to $77.6 million in Q2 2025 from $71.9 million in Q2 2024, maintaining a consistent operating margin of 17.5%.
In terms of profitability, Zurn Elkay reported a net income of $50.5 million for the second quarter of 2025, compared to $46.0 million in the prior year, translating to diluted earnings per share of $0.29, up from $0.27. For the first half of 2025, net income was $94.1 million, an increase from $80.3 million in the same period of 2024. The effective income tax rate for the second quarter was 26.2%, slightly lower than the 26.7% rate from the previous year, primarily due to various state and foreign income tax accruals.
The company has been actively restructuring its operations to enhance efficiency and reduce costs, incurring $1.9 million in restructuring charges during the second quarter of 2025, compared to $0.7 million in the same quarter of 2024. These initiatives are aimed at optimizing the company's manufacturing footprint and adapting to market changes. Zurn Elkay's total assets as of June 30, 2025, stood at $2.65 billion, with total liabilities of $1.09 billion, resulting in stockholders' equity of $1.56 billion.
Zurn Elkay continues to focus on strategic growth through its comprehensive portfolio of water management solutions, which includes products for water safety, control, and filtration. The company reported a total of 167.6 million shares outstanding as of July 24, 2025, and has been actively repurchasing shares, with $130.3 million remaining under its stock repurchase program. Looking ahead, Zurn Elkay anticipates continued growth driven by its innovative product offerings and operational efficiencies, while remaining vigilant to market conditions and potential impacts from tariffs and trade policies.
About Zurn Elkay Water Solutions Corp
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