Zurn Water Solutions Corporation ( (ZWS) ) has released its Q1 earnings. Here is a breakdown of the information Zurn Water Solutions Corporation presented to its investors.
Zurn Elkay Water Solutions Corporation, a Milwaukee-based company, specializes in water management solutions, offering a comprehensive range of products aimed at improving health, hydration, and environmental safety.
In its first quarter of 2025, Zurn Elkay Water Solutions reported a 5% increase in core sales, reaching $389 million, with net income from continuing operations rising to $41 million compared to $34 million in the previous year. The company also highlighted a robust adjusted EBITDA margin of 25.2% and significant capital returns to shareholders through share repurchases and dividends.
Key financial metrics for the quarter included an adjusted EPS of $0.31, up from $0.29, and an adjusted EBITDA of $98 million, reflecting a year-over-year improvement. The company maintained a net debt leverage of 0.9x and deployed $77 million for the repurchase of 2.3 million shares. Despite challenges in the trade environment, Zurn Elkay celebrated its 125th anniversary, emphasizing its competitive advantages and commitment to sustainability.
Looking ahead, Zurn Elkay anticipates core sales growth in the low to mid-single digits for the second quarter, with adjusted EBITDA margins expected to range between 25.5% and 26.0%. The company remains on track to meet its full-year guidance, leveraging its business system to navigate market uncertainties while focusing on sustainability and customer-centric solutions.