Zurn Elkay Water Solutions Corporation reported a strong financial performance for the third quarter of 2025, with net sales reaching $455.4 million, an increase of 11.1% compared to $410.0 million in the same period last year. For the nine months ending September 30, 2025, the company generated $1.29 billion in net sales, up 7.8% from $1.20 billion in the prior year. The gross profit for the third quarter was $200.7 million, leading to a net income of $61.8 million, or $0.36 per diluted share, compared to $43.5 million, or $0.25 per diluted share, in the third quarter of 2024.

The company’s operational efficiency was reflected in its income from operations, which increased to $77.5 million for the third quarter, up from $70.2 million a year earlier. The increase in profitability was attributed to higher sales volumes and productivity improvements, although these were partially offset by adjustments related to inventory costs. Interest expenses also decreased to $7.1 million from $8.3 million, benefiting from lower interest rates. Other income for the quarter was significantly improved, totaling $8.7 million, primarily due to gains from the settlement of the company’s defined benefit pension plan.

Zurn Elkay has been actively restructuring its operations to enhance efficiency, incurring $1.8 million in restructuring charges during the third quarter, down from $2.7 million in the same period last year. The company continues to refine its manufacturing footprint and product portfolio in response to market changes. As of September 30, 2025, Zurn Elkay reported total assets of $2.68 billion, with total liabilities of $1.09 billion, resulting in stockholders' equity of $1.59 billion.

In terms of strategic developments, Zurn Elkay has maintained a robust share repurchase program, repurchasing 575,600 shares at a cost of $25 million during the third quarter. The company has approximately $105.3 million remaining under its repurchase authority. Looking ahead, Zurn Elkay anticipates continued growth driven by its comprehensive portfolio of water management solutions and expects to maintain its focus on operational excellence and customer satisfaction. The company’s outlook remains positive, with a commitment to leveraging its market position to drive future growth.

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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