Zurn Elkay Water Solutions (ZWS) Operating Income (2011 - 2026)
Zurn Elkay Water Solutions (ZWS) recorded Operating Income of $108.2 million in Q3 2026, up 39.6% from $77.5 million a year earlier but down 29.0% from the prior quarter.
Zurn Elkay Water Solutions (ZWS) Operating Income (2011 - 2026) Analysis & Trends
On a TTM basis, Zurn Elkay Water Solutions' Operating Income came in at $403 million as of Sep 30, 2026, up 50.5% year-over-year; for FY2025, it came in at $278.9 million, up 14.0% from FY2024.
- Annual Operating Income has increased for four straight years, with a five-year compound annual growth rate of 21.0% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $244.6 million in FY2024 (+27.8%), $191.4 million in FY2023 (+78.7%), $107.1 million in FY2022 (+0.1%) and $107 million in FY2021 (-0.6%).
- Quarterly Operating Income has ranged from -$10.1 million in Q3 2022 to $152.3 million in Q2 2026 over the past five years.
- On a year-over-year basis, Operating Income has increased for 12 consecutive quarters, with growth averaging 34.5% over the last eight quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 96.3% in Q2 2026, against a decline of 0.5% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $152.3 million (Q2 2026), $82.1 million (Q1 2026) and $60.4 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 1.34 Bn |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 987.00 Mn |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | -2.27 Bn |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 624.57 Mn |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 620.00 Mn |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 263.30 Mn |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 338.00 Mn |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 284.60 Mn |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 293.20 Mn |
| 10 | Zurn Elkay Water Solutions | 7.23 Bn | 5.98 Bn | 245.80 Mn | 108.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 108.20 Mn |
| Jun 30, 2026 | 152.30 Mn |
| Mar 31, 2026 | 82.10 Mn |
| Dec 31, 2025 | 60.40 Mn |
| Sep 30, 2025 | 77.50 Mn |
| Jun 30, 2025 | 77.60 Mn |
| Mar 31, 2025 | 63.40 Mn |
| Dec 31, 2024 | 49.30 Mn |
| Sep 30, 2024 | 70.20 Mn |
| Jun 30, 2024 | 71.90 Mn |
| Mar 31, 2024 | 53.20 Mn |
| Dec 31, 2023 | 32.80 Mn |
| Sep 30, 2023 | 60.10 Mn |
| Jun 30, 2023 | 54.80 Mn |
| Mar 31, 2023 | 43.70 Mn |
| Dec 31, 2022 | 19.80 Mn |
| Sep 30, 2022 | -10.10 Mn |
| Jun 30, 2022 | 53.50 Mn |
| Mar 31, 2022 | 43.90 Mn |
| Dec 31, 2021 | 13.20 Mn |
Zurn Elkay Water Solutions Operating Income 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=operating-income&ticker=ZWS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=ZWS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();