Zurn Elkay Water Solutions (ZWS) Operating Leases (2020 - 2026)
Zurn Elkay Water Solutions (ZWS) reported Operating Leases of $36 million for Q2 2026, down 22.2% from $46.3 million a year earlier and down 5.5% from the prior quarter.
Powered by 
Analysis
Zurn Elkay Water Solutions (ZWS) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Zurn Elkay Water Solutions posted Operating Leases of $42 million, down 3.0% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 25.7% (FY2020 to FY2025).
- By year, Operating Leases came in at $43.3 million in FY2024 (+16.1%), $37.3 million in FY2023 (+9.1%), $34.2 million in FY2022 (+284.3%) and $8.9 million in FY2021 (-33.6%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q1 2024.
- Year over year, Operating Leases has now declined in each of the last four quarters, with growth averaging 4.8% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q2 2023 (growth of 583.1%); the low point was Q4 2021 (a decline of 33.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $38.1 million (Q1 2026), $42 million (Q4 2025) and $43.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn |
| 10 | Zurn Elkay Water Solutions | 7.72 Bn | 6.52 Bn | 288.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| 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 | 43.30 Mn |
| Sep 30, 2024 | 46.20 Mn |
| Jun 30, 2024 | 39.00 Mn |
| Mar 31, 2024 | 34.70 Mn |
| Dec 31, 2023 | 37.30 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 | 51.20 Mn |
| Jun 30, 2022 | 5.90 Mn |
| Mar 31, 2022 | 7.40 Mn |
| Dec 31, 2021 | 8.90 Mn |
| Dec 31, 2020 | 13.40 Mn |
API Access
Zurn Elkay Water Solutions Operating Leases 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-leases&ticker=ZWS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=ZWS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();