Skip to content

Zurn Elkay Water Solutions ZWS Operating Segments — Goodwill Impairment

Discontinued — last reported Q4 '18

Similar metrics at other companies

Regal Rexnord logo
RRXOperating Segments — Goodwill Impairment
$19.98M-33.1%
Willis Towers Watson logo
WTWOperating Segments — Goodwill Impaired Accumulated Impairment Loss
$492M
Match Group logo
MTCHOperating Segments — Goodwill Impairment
$275.4M
Huntington Bancshares logo
HBANOperating Segments — Goodwill Impairment
$3M+300%
Popular logo
BPOPOperating Segments — Goodwill Impairment
Popular logo
BPOPTotal Operating Segments — Goodwill Impairment

Other financials

Income statement

See full
Revenue$433.0M+11.4%
Gross profit$205.8M+13.7%
Operating income$82.1M+29.5%
Net income$58.9M+35.1%
EPS (diluted)$0.35+34.6%

Balance sheet

See full
Cash & equivalents$273.5M+89.0%
Total debt$552.2M-0.8%
Total equity$1.6B+3.8%
Total assets$2.7B+2.9%

Cash flow

See full
Operating cash flow$46.1M+7.5%
CapEx$2.3M-69.7%
Free cash flow$22.3M-76.1%

Valuation

See full
Market cap$8.34B+35.0%
Enterprise value$8.62B+30.3%
P/E39.1×+2.6×
P/S4.8×+0.9×

Profitability

See full
Gross margin45.4%0.0pp
Operating margin17.1%+1.0pp
Net margin12.3%+1.5pp
FCF margin6.8%

Returns & leverage

See full
Return on equity13.5%+2.8pp
Debt / equity0.3×0.0×
Current ratio3.2×+0.4×

Where this comes from

Reported directly by Zurn Elkay Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Zurn Elkay Water Solutions’s 10-K, filed May 14, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — goodwill impairment mean?
A write-down of the value of goodwill because the segment is performing worse than expected.
How do you interpret operating segments — goodwill impairment?
A negative signal indicating that previous acquisitions are failing to meet performance expectations or that market conditions have deteriorated.
How does operating segments — goodwill impairment compare across companies?
A significant red flag for investors; compared across peers to gauge industry-wide valuation bubbles.