Zurn Elkay Water Solutions Full Year 2024 Earnings: In Line With Expectations

Zurn Elkay Water Solutions (NYSE:ZWS) Full Year 2024 Results

Key Financial Results

• Revenue: US$1.57b (up 2.4% from FY 2023).
• Net income: US$158.9m (up 53% from FY 2023).
• Profit margin: 10% (up from 6.8% in FY 2023). The increase in margin was primarily driven by higher revenue.
• EPS: US$0.93 (up from US$0.60 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Zurn Elkay Water Solutions Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

In the last 12 months, the only revenue segment was Water Management contributing US$1.57b. Notably, cost of sales worth US$859.5m amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$388.4m (71% of total expenses). Explore how ZWS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Building industry in the US.

Performance of the American Building industry.

The company's shares are down 2.2% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Zurn Elkay Water Solutions you should know about.

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