Zurn Elkay Water Solutions — Third Quarter 2026 Earnings Summary

Zurn Elkay Water Solutions reported third-quarter 2026 net sales of $495.1 million, representing a 9% year-over-year increase driven by 7% core sales growth and 2% from the acquisition of Intellihot. The company achieved net income from continuing operations of $76.1 million and adjusted EBITDA of $140.1 million, reflecting a 28.3% margin. Free cash flow for the quarter reached $110 million, excluding tariff refunds, while the company deployed $35 million for share repurchases and increased its annual dividend by 18% to $0.52 per share. Management forecasts fourth-quarter net sales between $430 million and $437 million and full-year free cash flow exceeding $350 million.