Zurn Elkay Water Solutions Corp - Company Profile

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Zurn Elkay Water Solutions Corp: Segment Analysis

Business Description

Zurn Elkay Water Solutions Corp (Zurn Elkay), formerly Rexnord Corporation, is a provider, procurer and manufacturer of specified water management solutions to the non-residential infrastructure industry. The company offers groundwater safety and control, environmental and hygiene products and flow systems to commercial and industrial buildings, water management solutions, including plumbing products, water filtration systems, and water conservation solutions. It also focuses on providing its products to niche end users such as waterworks and multi-family residential construction markets. The company's product portfolio includes flush valves, faucets, hydrants, drains, grease traps, and backflow preventers. Additionally, the company offers water filtration systems for drinking water, as well as water conservation solutions to help reduce water usage and costs. The company operates through a single segment; Water Management and classifies its operations into three geographic segments, United States, Canada and Rest of World. The company provides its services to end markets including higher education institutions, healthcare, retail, hospitality, restaurants, education, government and fire protection establishments. As of FY2022, it reported revenue of US$1,281.8 million and operating income of US$107.1 million. The company also reported net income of US$61.7 million for FY2022. It operates 40 manufacturing and warehousing facilities, out of which 34 are located in the US, four in Canada, one in Mexico and one in the United Arb Emirates. The company also manages a network of 1,070 independent sales representatives across 190 sales agencies. and approximately 75 third-party warehouses to distribute its products. It offers its products under brand names including Zurn, Wilkins, World Dryer, StainlessDrains.com, Green Turtle, Hadrian, Wade, JUST and others.

R&D Overview

Zurn Elkay places a strong emphasis on research, development and engineering costs to create innovative products and technologies that meet the evolving needs of its customers. Its R&D efforts are focused on several key areas, including plumbing technology, water filtration, and water conservation. As of December 31, 2022, the company holds around 160 active patents in the United States and roughly 70 active patents in foreign countries. In FY2022, the company spent US$18.4 million on research development and engineering costs, which as a percentage of revenue, stood at 1.4% and grew 31.4% YoY



Other Break-up

Performance

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Performance

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Performance

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Geographical Segments

Performance

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Performance

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Performance

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Gain a 360-degree view of Zurn Elkay Water Solutions Corp and make more informed decisions for your business Gain a 360-degree view of Zurn Elkay Water Solutions Corp and make more informed decisions for your business Find out more
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