Zurn Elkay Water Solutions Corporation (ZWS)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 167,500 | 179,300 | 166,700 | 155,300 | 151,700 | 80,300 | 80,200 | 88,500 | -9,900 | 77,400 | 109,100 | 123,600 | 265,400 | 248,400 | 203,900 | 211,100 | 225,700 | 234,200 | 259,100 | 231,700 |
| Revenue (ttm) | US$ in thousands | 1,531,100 | 1,549,900 | 1,532,800 | 1,530,500 | 1,502,500 | 1,523,700 | 1,409,800 | 1,282,100 | 1,140,500 | 1,277,000 | 1,554,600 | 1,834,900 | 2,100,000 | 1,989,500 | 2,024,100 | 1,984,100 | 2,011,200 | 2,068,300 | 2,083,700 | 2,081,800 |
| Pretax margin | 10.94% | 11.57% | 10.88% | 10.15% | 10.10% | 5.27% | 5.69% | 6.90% | -0.87% | 6.06% | 7.02% | 6.74% | 12.64% | 12.49% | 10.07% | 10.64% | 11.22% | 11.32% | 12.43% | 11.13% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $167,500K ÷ $1,531,100K
= 10.94%
The pretax margin of Zurn Elkay Water Solutions Corporation has shown fluctuations over the periods provided. It was relatively stable in 2019 and early 2020, ranging from 11.13% to 12.43%. However, there was a slight decline in the middle of 2020, with the pretax margin hovering around 11%.
The pretax margin improved in the following quarters of 2021, reaching a high of 12.64% in September 2021. However, this trend reversed in the last quarter of 2021, with the pretax margin dropping significantly to 6.74%. The downward trend continued into 2022, with the pretax margin hitting a negative value of -0.87% in September.
The company managed to recover in the subsequent quarters, with the pretax margin gradually increasing to 11.57% by September 2024, demonstrating a strong performance. The most recent data available, as of December 31, 2024, shows a pretax margin of 10.94%, indicating a positive trend in profitability.
Overall, the pretax margin of Zurn Elkay Water Solutions Corporation has experienced variability, with periods of both growth and decline. It is essential for the company to closely monitor its cost structures and revenue streams to sustain profitability in the long term.
Peer comparison
Dec 31, 2024