Credit and interest ratesnegative · 5 filings
“As of December 31, 2025, the available borrowings under our credit facility were reduced by $10.1 million due to outstanding letters of credit.”10-Q · Jul 28, 2026 ↗
Zurn Elkay Water Solutions Corporation
ZWS
Market read
Zurn Elkay Water Solutions Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Company-2.4% todayVolume comparison unavailable
Market group0 of 3 activeCommercial Cyclicals · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Recognized a $47.6M IEEPA reciprocal tariff refund that materially contributed to year-over-year operating cash flow improvement for the six months ended June 30, 2026.
Invalidation: The isolated read changes if ZWS's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 3 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Recognized a $47.6M IEEPA reciprocal tariff refund that materially contributed to year-over-year operating cash flow improvement for the six months ended June 30, 2026.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements74
Verified relationships7
Evidence supporting the case
- Latest annual revenue changed +8.3% year over year.
- Net margin changed +1.4 percentage points in the latest annual period.
Evidence challenging the case
- Credit and interest rates has repeated adverse evidence across 5 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
45.526m-3.2%12m-0.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$910.9M+22.1%$0.97+1.3%
2022-12-31$1.3B+40.7%$0.40+23.0%
2023-12-31$1.5B+19.4%$0.64+15.2%
2024-12-31$1.6B+2.4%$0.92-1.5%
2025-12-31$1.7B+8.3%$1.15-1.9%
What management says matters
Persistent and emerging business drivers
Capital investment and capacitymixed · 3 filings
“Investing activities for the year ended December 31, 2024, included $21.8 million of capital expenditures, which were partially offset by the receipt of $1.6 million from the sale of certain long-lived assets.”10-K · Feb 9, 2026 ↗
Tariffs and trade policypositive · 2 filings
“The change in year-over-year operating cash flows was primarily the result of an increase in net income, inclusive of $47.6 million IEEPA reciprocal tariff refund, partially offset by cash used for trade working capital in support of higher sales volume durin…”10-Q · Jul 28, 2026 ↗
Legal and regulatory exposuremixed · 1 filings
“We do not currently anticipate any significant additional expenses related to maintaining compliance; however, due to the evolving nature of laws and regulations and changes thereto, there can be no assurance that current expenses will be adequate or that vio…”10-K · Feb 9, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
45.52-2.4% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ZWS. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for ZWS. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind ZWS
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
RRXRegal Rexnord CorporationpartnerOct 28, 2025 ▾
“Discontinued Operations On October 4, 2021, the Company completed a Reverse Morris Trust tax-free spin-off transaction (the “Spin-Off Transaction”) in which (i) substantially all the assets and liabilities of the Company's Process & Motion Control ("PMC") bus…”
RRXRegal Rexnord CorporationinvesteeFeb 9, 2026 ▾
“Also, as previously disclosed, on October 4, 2021, we completed a Reverse Morris Trust tax-free spin-off transaction (the “Spin-Off Transaction”) in which our former Process & Motion Control business was divested to Regal Rexnord Corporation (formerly known a…”
RRXRegal Rexnord CorporationcompetitorJul 29, 2025 ▾
“Discontinued Operations On October 4, 2021, the Company completed a Reverse Morris Trust tax-free spin-off transaction (the “Spin-Off Transaction”) in which (i) substantially all the assets and liabilities of the Company's Process & Motion Control ("PMC") bus…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ZWS is currently a Early Follower in the organic co-movement group Commercial Cyclicals. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.