Zurn Elkay Water Solutions (ZWS) Gross Margin (2011 - 2026)
Zurn Elkay Water Solutions (ZWS) reported Gross Margin of 49.65% for Q3 2026, up 5.58 percentage points from 44.07% a year earlier but down 9.07 percentage points from the prior quarter.
Zurn Elkay Water Solutions (ZWS) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Zurn Elkay Water Solutions' Gross Margin came in at 50.41%, up 5.51 percentage points year-over-year; for FY2025, it was 45.10%, down 0.04 percentage points from FY2024.
- Gross Margin has a five-year change of -0.23 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 45.13% in FY2024 (+2.79 pp), 42.35% in FY2023 (+6.03 pp), 36.32% in FY2022 (-4.65 pp) and 40.97% in FY2021 (-4.36 pp).
- Five-year quarterly Gross Margin spans a low of 32.15% in Q4 2022 and a high of 58.72% in Q2 2026.
- Year over year, Gross Margin has now increased in each of the last four quarters, with an average year-over-year change of +2.46 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q2 2026 (a gain of 13.21 percentage points); the low point was Q3 2022 (a drop of 8.09 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 58.72% (Q2 2026), 47.53% (Q1 2026) and 44.40% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson Controls International | 90.50 Bn | 90.50 Bn | 2.71 Bn | - |
| 2 | Trane Technologies | 90.28 Bn | 84.89 Bn | 2.38 Bn | 35.28% |
| 3 | Carrier Global | 44.00 Bn | 38.38 Bn | 1.90 Bn | 30.35% |
| 4 | Comfort Systems Usa | 43.04 Bn | 36.99 Bn | 934.48 Mn | 24.81% |
| 5 | Otis Worldwide | 28.86 Bn | 25.25 Bn | 1.16 Bn | 29.56% |
| 6 | Allegion | 15.95 Bn | 15.95 Bn | - | - |
| 7 | Masco | 15.80 Bn | 13.60 Bn | 720.00 Mn | 36.62% |
| 8 | James Hardie Industries | 15.77 Bn | 14.84 Bn | 548.70 Mn | 37.21% |
| 9 | Carlisle Companies | 14.73 Bn | 11.63 Bn | 494.90 Mn | 33.82% |
| 10 | Zurn Elkay Water Solutions | 7.42 Bn | 6.17 Bn | 245.80 Mn | 49.65% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.65% |
| Jun 30, 2026 | 58.72% |
| Mar 31, 2026 | 47.53% |
| Dec 31, 2025 | 44.40% |
| Sep 30, 2025 | 44.07% |
| Jun 30, 2025 | 45.51% |
| Mar 31, 2025 | 46.55% |
| Dec 31, 2024 | 43.49% |
| Sep 30, 2024 | 46.20% |
| Jun 30, 2024 | 45.22% |
| Mar 31, 2024 | 45.51% |
| Dec 31, 2023 | 43.69% |
| Sep 30, 2023 | 42.65% |
| Jun 30, 2023 | 43.03% |
| Mar 31, 2023 | 39.99% |
| Dec 31, 2022 | 32.15% |
| Sep 30, 2022 | 33.61% |
| Jun 30, 2022 | 40.04% |
| Mar 31, 2022 | 42.53% |
| Dec 31, 2021 | 36.68% |
Zurn Elkay Water Solutions Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ZWS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZWS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ZWS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();