Zurn Elkay Water Solutions Corp recently released its 10-K report, providing a detailed look into the company's financial performance and operations. The company, which was formerly known as Zurn Water Solutions Corporation and changed its name to Zurn Elkay Water Solutions Corporation in July 2022, engages in the design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. Its product portfolio includes water dispensing and filtration products, flow systems products, hygienic and environmental products, and filtered drinking water products for public and private spaces.
In the "Management's Discussion and Analysis of Financial Condition and Results of Operations" section of the 10-K report, Zurn Elkay Water Solutions Corp discusses its commitments as of December 31, 2025, as well as its exposure to potential losses arising from adverse changes in interest rates and foreign exchange rates. The company highlights its disciplined operating philosophy, the Zurn Elkay Business System (ZEBS), which focuses on driving superior customer satisfaction and financial results through world-class operating performance.
The 10-K report also provides a breakdown of the company's financial statement presentation, including key items and accounting policies that impact its financial statements. This includes details on net sales, cost of sales, selling, general and administrative expenses, and critical accounting estimates. Zurn Elkay Water Solutions Corp also discusses its purchase accounting and business combinations, impairment of intangible assets and tangible fixed assets, and retirement benefits, providing insights into the complex nature of its actuarial valuations and assumptions.
Additionally, the report delves into the company's income taxes, including its assessment of income tax positions, unrecognized tax benefits, and valuation allowances against deferred tax assets. Zurn Elkay Water Solutions Corp also discloses its commitments and contingencies, detailing its assessment of potential adverse judgments or outcomes in various proceedings, lawsuits, and claims related to environmental, labor, product, and other matters.
Following these announcements, the company's shares moved 0.0%, and are now trading at a price of $47.27. Check out the company's full 10-K submission here.
