Zurn Elkay Water Solutions (ZWS) Operating Margin (2011 - 2026)
Zurn Elkay Water Solutions' Operating Margin was 31.02% in Q2 2026, up 13.56 percentage points from 17.46% a year earlier and up 12.06 percentage points from the prior quarter.
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Analysis
Zurn Elkay Water Solutions (ZWS) Operating Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zurn Elkay Water Solutions' Operating Margin was 20.84% through Jun 30, 2026, up 4.70 percentage points year-over-year; for FY2025, it came in at 16.45%, up 0.83 percentage points from FY2024.
- Operating Margin has now increased for three consecutive years, with a five-year change of +2.01 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 15.61% in FY2024 (+3.11 pp), 12.51% in FY2023 (+4.15 pp), 8.36% in FY2022 (-3.39 pp) and 11.75% in FY2021 (-2.69 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin in data going back to Q1 2020.
- Compared with a year earlier, Operating Margin has increased for three straight quarters, with an average year-over-year change of +3.23 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2023 (a gain of 17.50 percentage points); the worst was Q3 2022 (a drop of 16.57 percentage points).
- Per Business Quant data, ZWS's Operating Margin in the three quarters before Q2 2026 was 18.96% (Q1 2026), 14.83% (Q4 2025) and 17.02% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.48 Bn | 96.22 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 94.41 Bn | 94.45 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 47.67 Bn | 42.30 Bn | 1.94 Bn | 12.99% |
| 4 | Comfort Systems Usa | 45.09 Bn | 39.05 Bn | 934.48 Mn | 16.58% |
| 5 | Otis Worldwide | 28.22 Bn | 24.83 Bn | 1.14 Bn | 14.90% |
| 6 | Allegion | 15.36 Bn | 15.36 Bn | - | - |
| 7 | James Hardie Industries | 15.27 Bn | 14.34 Bn | 548.70 Mn | 14.76% |
| 8 | Masco | 14.82 Bn | 12.92 Bn | 868.00 Mn | 23.59% |
| 9 | Carlisle Companies | 13.90 Bn | 10.24 Bn | 568.40 Mn | 22.45% |
| 10 | Zurn Elkay Water Solutions | 8.13 Bn | 6.89 Bn | 245.80 Mn | 21.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.85% |
| Jun 30, 2026 | 31.02% |
| Mar 31, 2026 | 18.96% |
| Dec 31, 2025 | 14.83% |
| Sep 30, 2025 | 17.02% |
| Jun 30, 2025 | 17.46% |
| Mar 31, 2025 | 16.31% |
| Dec 31, 2024 | 13.30% |
| Sep 30, 2024 | 17.12% |
| Jun 30, 2024 | 17.45% |
| Mar 31, 2024 | 14.23% |
| Dec 31, 2023 | 9.19% |
| Sep 30, 2023 | 15.09% |
| Jun 30, 2023 | 13.59% |
| Mar 31, 2023 | 11.74% |
| Dec 31, 2022 | 5.82% |
| Sep 30, 2022 | -2.42% |
| Jun 30, 2022 | 18.82% |
| Mar 31, 2022 | 18.32% |
| Dec 31, 2021 | 5.68% |
API Access
Zurn Elkay Water Solutions Operating 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=operating-margin&ticker=ZWS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ZWS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();