Zurn Elkay Water Solutions Corporation · NYSE:ZWS
Zurn Elkay Water Solutions — Q2 2025 Earnings Presentation
10 slides from Zurn Elkay Water Solutions's earnings presentation, Jul 30, 2025
Slide 1: Second Quarter 2025 Financial Results
Second Quarter 2025 Financial Results July 30, 2025
Slide 2: Cautionary Statement Under The Private Securities Litigation Reform Act
Cautionary Statement Under The Private Securities Litigation Reform Act Forward-Looking Statements This presentation includes "forward-looking statements” within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include statements we make con
Slide 3: Zurn Elkay Performance Update
Zurn Elkay Performance Update Strategic Developments Launched Elkay Pro Filtration Navigating the tariff environment well Share repurchases: Q2: $33M, or -1.0M shares H1: $110M, or -3.2M shares 2Q Results v v v v (© Non-GAAP measure detind, reconciled and discussedin the earnings release included in
Slide 4: Q2 & YTD 2025 Results
Q2 & YTD 2025 Results Second Quarter Year to Date $ in millions 2Q2025 2Q2024 Change $ in millions H12025 H12024 Change Net Sales $445 $412 8% Net Sales $833 $786 6% Growth from: Growth from: Core 8% Core 7% FX Translation (1%) Adjusted EBITDA © $118 $104 13% % of Sales 26.5% 25.3% +120 bps Adjusted
Slide 5: Leverage and Free Cash Flow
Leverage and Free Cash Flow Net Debt Leverage Ratio Free Cash Flow ($ millions) $300 15K 1.4x 272 $225 233 Lax 1.0x $150 0.9x 140 0.8x $75 102 . "| 0.5x $0 Dec-22 Dec-23 Dec-24 Jun-24 Jun-25 Dec-22” Dec-23 Dec-24 Jun-24 — Jun-25 Net 3 deb ess cash to proforma LTM Acjusted EBITDA. zurnselkay = 5
Slide 6: 2025 YTD Sustainability Impact
2025 YTD Sustainability Impact METRIC METHODOLOGY SUSTAINABLE PRODUCTS SUSTAINABLE PRODUCTS SUSTAINABLE PRODUCTS 86% 16.6 bition = 1.2 biti (0) eV billion e& billion revenue from products gallons of water saved gallons of safer, cleaner with sustainable from our products filtered water delivered by
Slide 7: Next Generation of ELKAY
Next Generation of ELKAY. PRO FILTRATION Drinking Water Innovation © Elevated design, proven reliability and established reputation Top mounted filter results in filter changes in 30 seconds or less. LED filter life status and auto-flush make maintenance effortless contaminant reduction ... Total PF
Slide 8: Supply Chain
Supply Chain Price/Cost Update $35 to $45 million expected tariff cost impact in 2025 (based on tariff structure in place today, 7/29/2025) Achieving price in the market to offset tariff costs Reducing China direct material spend on track to be under $30M (2-3% of COGS) by the end of 2026 High confi
Slide 9: Zurn Elkay Outlook
Zurn Elkay Outlook Q3 2025 Outlook * Core sales growth™ and Adjusted EBITDA® margin similar to Q2 * Below the line assumptions: Interest expense of -$7 million Stock compensation expense of ~$10 million Depreciation & amortization of ~$22 million Adjusted tax rate ~27.0% - 28.0% Diluted shares outst
Slide 10: Thank You
Thank You
Zurn Elkay Water Solutions — Q2 2025 Earnings Presentation on 6ix