Zurn Elkay Water Solutions ZWS Q2 2026 earnings

“We delivered a solid second quarter, first half and are raising our outlook for the full year. Core sales(1) grew 10% and adjusted EBITDA margins(1) of 27.7% expanded by 120 basis points over the prior year second quarter. We continue to leverage the Zurn Elkay Business System to drive above market growth in targeted areas as well as a higher baseline of incremental margins through our relentless deployment of 80/20, our supply chain initiatives and the continuous improvement our associates drive every day. Our robust and increasing levels of free cash flow(1) provide us with the flexibility to continue to be both disciplined and strategic, investing in stock repurchases, a growing dividend and acquisitions while maintaining a low leverage profile. In the quarter we repurchased $50 million dollars of our own shares, bringing the total to $100 million over the first half of 2026 while also paying $37 million in dividends.”