Zurn Elkay Water Solutions (ZWS) Return on Invested Capital [ROIC] (2012 - 2026)
Zurn Elkay Water Solutions' Return on Invested Capital [ROIC] came in at 13.99% for Q3 2026, up 4.14 percentage points from 9.85% a year earlier and up 0.74 percentage points from the prior quarter.
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Analysis
Zurn Elkay Water Solutions (ZWS) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Zurn Elkay Water Solutions' Return on Invested Capital [ROIC] was 10.01%, up 1.03 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased in each of the last three years, with a five-year change of +6.91 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 8.98% in FY2024 (+2.59 pp), 6.39% in FY2023 (+1.22 pp), 5.17% in FY2022 (-1.12 pp) and 6.30% in FY2021 (+3.20 pp).
- The Q3 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q2 2022.
- Year-over-year, Return on Invested Capital [ROIC] has increased for 13 consecutive quarters, with an average year-over-year change of +2.37 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q2 2022 (a gain of 11.30 percentage points), and the weakest in Q2 2023 (a drop of 13.38 percentage points).
- Business Quant data shows ZWS's Return on Invested Capital [ROIC] at 13.25% (Q2 2026), 10.74% (Q1 2026) and 10.00% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 25.73% |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 10.45% |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | -4.60% |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 15.98% |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 62.19% |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 4.61% |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 35.31% |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 18.36% |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 17.80% |
| 10 | Zurn Elkay Water Solutions | 7.23 Bn | 5.98 Bn | 245.80 Mn | 13.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.99% |
| Jun 30, 2026 | 13.25% |
| Mar 31, 2026 | 10.74% |
| Dec 31, 2025 | 10.00% |
| Sep 30, 2025 | 9.85% |
| Jun 30, 2025 | 9.58% |
| Mar 31, 2025 | 9.31% |
| Dec 31, 2024 | 9.02% |
| Sep 30, 2024 | 7.99% |
| Jun 30, 2024 | 7.65% |
| Mar 31, 2024 | 6.98% |
| Dec 31, 2023 | 6.37% |
| Sep 30, 2023 | 5.99% |
| Jun 30, 2023 | 3.15% |
| Mar 31, 2023 | 3.27% |
| Dec 31, 2022 | 3.38% |
| Sep 30, 2022 | 5.82% |
| Jun 30, 2022 | 16.54% |
| Mar 31, 2022 | 16.27% |
| Dec 31, 2021 | 5.79% |
API Access
Zurn Elkay Water Solutions Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ZWS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ZWS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();