Growth Metrics

Zurn Elkay Water Solutions (ZWS) Operating Leases (2020 - 2026)

Zurn Elkay Water Solutions posted quarterly Operating Leases of $38.1 million for Q1 2026, down 20.13% year-on-year from $47.7 million in Q1 2025, and down 9.29% on a QoQ basis from $42.0 million in Q4 2025.

Zurn Elkay Water Solutions (ZWS) has 7 years of Operating Leases data on file, last reported at $38.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 20.13% year-over-year to $38.1 million; the trailing twelve-month figure through Mar 2026 stood at $38.1 million (down 20.13% YoY), and the FY2025 full-year result was $42.0 million, down 45.17% from the prior year.
  • Operating Leases for Q1 2026 stood at $38.1 million, down from $42.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $76.6 million in Q4 2024 and bottomed at $5.9 million in Q2 2022.
  • The 5-year median for Operating Leases is $40.3 million (2023), against an average of $41.8 million.
  • The widest annual swing landed in 2023, when Operating Leases soared 583.05%; it then sank 45.17% in 2025.
  • A 5-year view of Operating Leases shows it stood at $34.2 million in 2022, then soared by 103.51% to $69.6 million in 2023, then gained by 10.06% to $76.6 million in 2024, then plunged by 45.17% to $42.0 million in 2025, then fell by 9.29% to $38.1 million in 2026.
  • The last three Operating Leases figures came in at $38.1 million (Q1 2026), $42.0 million (Q4 2025), and $43.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn
5 PureCycle Technologies 2.21 Bn 2.11 Bn -
6 Euro Tech Holdings 1.36 Bn 1.34 Bn -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn
10 374Water 42.95 Mn 42.95 Mn -2.43 Mn

Historic Data

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DateValue
Mar 31, 2026 38.10 Mn
Dec 31, 2025 42.00 Mn
Sep 30, 2025 43.70 Mn
Jun 30, 2025 46.30 Mn
Mar 31, 2025 47.70 Mn
Dec 31, 2024 76.60 Mn
Sep 30, 2024 46.20 Mn
Jun 30, 2024 39.00 Mn
Mar 31, 2024 34.70 Mn
Dec 31, 2023 69.60 Mn
Sep 30, 2023 39.60 Mn
Jun 30, 2023 40.30 Mn
Mar 31, 2023 38.40 Mn
Dec 31, 2022 34.20 Mn
Sep 30, 2022 60.20 Mn
Jun 30, 2022 5.90 Mn
Mar 31, 2022 7.40 Mn
Dec 31, 2021 15.30 Mn
Dec 31, 2020 19.30 Mn