TacticScale

What Zurn Elkay Water Solutions Does & How It Makes Money (ZWS)

Updated October 2026 · reflects Zurn Elkay Water Solutions's latest reported financials

Maker of commercial plumbing, water filtration and drinking-water fixtures. It designs and manufactures water management products and sells them through independent sales representatives, plumbing wholesalers and industry-specific distributors.

Zurn Elkay Water Solutions's story, moat and numbers — in a 3-minute visual book.

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How Zurn Elkay Water Solutions makes money

It designs and manufactures water management products and sells them through independent sales representatives, plumbing wholesalers and industry-specific distributors. Its customers are in institutional, commercial, waterworks and residential markets.

What Zurn Elkay Water Solutions does

Zurn Elkay Water Solutions is a Milwaukee-based maker of water management products for buildings. It was founded in 1900 and took its current name in July 2022. Its range covers clean drinking water (Elkay and Halsey Taylor filtered bottle fillers, fountains and filters), water safety and control (Zurn and Wilkins backflow preventers, fire system valves and mixing valves), and flow systems (drains, hydrants, fixture carriers, chemical drainage and grease interceptors under the Zurn, Green Turtle and Wade brands). The company also sells sensor flush valves and faucets, water-saving fixtures, Elkay and Just sinks, Hadrian restroom partitions and lockers, and hand dryers. Its main customers are institutional and commercial buildings, and it also serves waterworks and residential markets. It reaches them through independent sales representatives, plumbing wholesalers and specialized distributors in the US, Canada and abroad.

Products & services

What is Zurn Elkay Water Solutions worth?

On an owner-earnings DCF, Zurn Elkay Water Solutions's most-likely value is about $43 versus a recent price near $47 (8% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$21) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ $47
Fair value (most likely)
$43
Range
$32–$62
No-growth floor
$21
Price
~$47

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Industrials Industry Pollution & Treatment Controls HQ United States Ticker ZWS Official site

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