United States was Zurn Elkay Water Solutions’s largest region in fiscal 2025, bringing in $3.04B of $3.33B (91%).
| Geography | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| United States & Canada | — | — | — | — | ||||
| United States | $2.34B | $2.74B | $2.79B | $3.04B | ||||
| Europe | — | — | — | — | ||||
| Canada | $150.20M | $157.40M | $180.20M | $195.60M | ||||
| Rest Of World | $100.60M | $83.40M | $95.00M | $94.00M | ||||
| Total | $2.59B | $2.98B | $3.06B | $3.33B |
Zurn Elkay Water Solutions brought in $3.33B from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 8.7% from $3.06B in fiscal 2024. United States was the largest at $3.04B (91.3%), ahead of Canada at $195.60M (5.9%) and Rest Of World at $94.00M (2.8%).
Compared with fiscal 2024, United States grew fastest, up 9.0% to $3.04B, while Rest Of World fell the most, down 1.1% to $94.00M. From fiscal 2022 to 2025, combined revenue from these regions grew from $2.59B to $3.33B, a compound annual growth rate of 8.7%. United States' share of the total rose from 90.3% to 91.3%.
Institutional was Zurn Elkay Water Solutions’s largest revenue line in fiscal 2025, bringing in $1.66B of $3.39B (49%).
| Customer | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Institutional | $1.04B | $1.38B | $1.48B | $1.66B | ||
| Commercial | $747.40M | $886.20M | $902.20M | $954.60M | ||
| All Other | $780.80M | $793.80M | $749.80M | $777.20M | ||
| Total | $2.56B | $3.06B | $3.13B | $3.39B |
Zurn Elkay Water Solutions brought in $3.39B from its three revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 8.3% from $3.13B in fiscal 2024. Institutional was the largest at $1.66B (48.9%), ahead of Commercial at $954.60M (28.1%) and All Other at $777.20M (22.9%).
Compared with fiscal 2024, Institutional grew fastest, up 12.1% to $1.66B. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $2.56B to $3.39B, a compound annual growth rate of 9.8%. Institutional's share of the total rose from 40.4% to 48.9%.
Guarantor Subsidiaries was Zurn Elkay Water Solutions’s largest revenue line in fiscal 2011, bringing in $2.58B of $3.35B (77%).
| Legal Entity | FY 2011 |
|---|---|
| Guarantor Subsidiaries | $2.58B |
| Non-Guarantor Subsidiaries | $941.20M |
| Eliminations | -$175.20M |
| Total | $3.35B |
Zurn Elkay Water Solutions brought in $3.35B from its three revenue lines in fiscal 2011, the year ended March 31, 2011. Guarantor Subsidiaries was the largest at $2.58B (77.1%), ahead of Non-Guarantor Subsidiaries at $941.20M (28.1%).
The total is net of Eliminations, which took $175.20M off revenue in fiscal 2011.
Zurn Elkay Water Solutions (ZWS) reports its revenue by geography, by customer and by legal entity. In fiscal 2025, United States was its largest region, bringing in $3.04B (91.3% of the total), followed by Canada at $195.60M (5.9%).
United States was Zurn Elkay Water Solutions' largest region in fiscal 2025, bringing in $3.04B, or 91.3% of the $3.33B total across its three regions.
Institutional was Zurn Elkay Water Solutions' largest revenue line in fiscal 2025, bringing in $1.66B, or 48.9% of the $3.39B total across its three revenue lines.
Among Zurn Elkay Water Solutions' regions that make up at least 2% of revenue, United States grew fastest in fiscal 2025, up 9.0% from $2.79B to $3.04B.
Every figure comes from Zurn Elkay Water Solutions' annual financial filings, as reported. Each line keeps the name Zurn Elkay Water Solutions gives it, and years follow its fiscal calendar.
Zurn Elkay Water Solutions' revenue by geography goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.