ZWS (Zurn Elkay Water Solutions) Quick Ratio: 2.11 (As of Mar. 2026) — 20% Above Median


ZWS Zurn Elkay Water Solutions Corp ZWS
88 GF Score
Price $48.86
GF Value $40.35
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Zurn Elkay Water Solutions Quick Ratio?

Zurn Elkay Water Solutions ZWS -0.31% 88 Quick Ratio is 2.11 as of Mar. 2026, which is 20% above its 10-year median of 1.76. GuruFocus rates ZWS with a GF Score™ of 88/100 and a GF Value™ of $40.35 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 3,071 Industrial Products companies, Zurn Elkay Water Solutions ranks better than 72.68% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Zurn Elkay Water Solutions's quick ratio for the quarter that ended in Mar. 2026 was 2.11.

Zurn Elkay Water Solutions has a quick ratio of 2.11. It generally indicates good short-term financial strength.

The historical rank and industry rank for Zurn Elkay Water Solutions's Quick Ratio or its related term are showing as below:

ZWS' s Quick Ratio Range Over the Past 10 Years
Min: 1.21   Med: 1.76   Max: 2.43
Current: 2.11

During the past 13 years, Zurn Elkay Water Solutions's highest Quick Ratio was 2.43. The lowest was 1.21. And the median was 1.76.

ZWS's Quick Ratio is ranked better than
72.68% of 3071 companies
in the Industrial Products industry
Industry Median: 1.39 vs ZWS: 2.11

Zurn Elkay Water Solutions  (NYSE:ZWS) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Zurn Elkay Water Solutions Quick Ratio Related Terms


Zurn Elkay Water Solutions Quick Ratio Historical Data

* Premium members only.

The historical data trend for Zurn Elkay Water Solutions's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Zurn Elkay Water Solutions Quick Ratio Chart

Zurn Elkay Water Solutions Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.35 1.77 1.81 2.07

Zurn Elkay Water Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.72 1.83 2.07 2.11

ZWS vs CECO, PCT, ERII: Quick Ratio Comparison

For the Pollution & Treatment Controls subindustry, Zurn Elkay Water Solutions's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zurn Elkay Water Solutions Quick Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zurn Elkay Water Solutions's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Zurn Elkay Water Solutions's Quick Ratio falls into.


ZWS
88GF Score
Zurn Elkay Water Solutions Corp ZWS
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Zurn Elkay Water Solutions Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Zurn Elkay Water Solutions's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(811.7-274.4)/259.4
=2.07

Zurn Elkay Water Solutions's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(836.5-292.3)/258.5
=2.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 2.11 mean?
Zurn Elkay Water Solutions (ZWS) has a Quick Ratio of 2.11 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zurn Elkay Water Solutions and its competitors. This is 20% above median its historical median of 1.76. Over the past decade, Zurn Elkay Water Solutions' Quick Ratio has ranged from 1.21 to 2.43. According to the industry distribution chart, Zurn Elkay Water Solutions ranks #839 out of 3071 companies in the Industrial Products industry, placing it in the top 27.3%.
Is Zurn Elkay Water Solutions' Quick Ratio too high?
Zurn Elkay Water Solutions' current Quick Ratio of 2.11 is 20% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 2.43. The Industrial Products industry median Quick Ratio is 1.39. Zurn Elkay Water Solutions' value of 2.11 is 51.8% above this industry median. Based on the distribution chart, Zurn Elkay Water Solutions ranks #839 out of 3071 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Zurn Elkay Water Solutions has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurn Elkay Water Solutions' Quick Ratio compare to CECO and PCT?
According to the Industrial Products industry distribution chart, Zurn Elkay Water Solutions ranks #839 out of 3071 companies for Quick Ratio. This puts Zurn Elkay Water Solutions in the upper half of its industry. The industry median Quick Ratio is 1.39. Zurn Elkay Water Solutions' value of 2.11 is 51.8% above this benchmark. Historically, Zurn Elkay Water Solutions' own Quick Ratio has ranged from 1.21 to 2.43 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.39, Zurn Elkay Water Solutions has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Industrial Products company?
The median Quick Ratio among Industrial Products companies is 1.39, based on 3,071 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zurn Elkay Water Solutions's current Quick Ratio of 2.11 is 51.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Zurn Elkay Water Solutions and its competitors. For the Industrial Products industry, the median Quick Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zurn Elkay Water Solutions's current Quick Ratio is 2.11, which is 20% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurn Elkay Water Solutions stock overvalued right now?
Based on GuruFocus' analysis, Zurn Elkay Water Solutions (ZWS) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.35, compared to a current price of $48.86 — trading 21.1% above its estimated fair value. The current Quick Ratio is 2.11, which is 20% above median its 10-year median of 1.76 and 51.8% above the Industrial Products industry median of 1.39. Zurn Elkay Water Solutions' overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Zurn Elkay Water Solutions (ZWS), the current Quick Ratio is 2.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zurn Elkay Water Solutions (ZWS) Overvalued in 2026?

Based on GuruFocus' analysis, Zurn Elkay Water Solutions stock appears to be overvalued. The current stock price of $48.86 is trading 21.1% above its estimated GF Value™ of $40.35. GuruFocus considers Zurn Elkay Water Solutions to be Modestly Overvalued.

Key valuation signals for ZWS:

  • Quick Ratio: 2.11 (20% above median its 10-year median of 1.76)
  • GF Value™: $40.35 vs. price of $48.86 (21.1% above fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 51.8% above the Industrial Products median (#839 of 3071)

No single metric tells the full story. See the ZWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zurn Elkay Water Solutions Business Description

Address 511 West Freshwater Way, Milwaukee, WI, USA, 53204
Zurn Elkay Water Solutions Corp is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety and the environment. Its product portfolio includes professional grade water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water products for public and private spaces that deliver superior value to building owners, positively impact the environment and human hygiene and reduce product installation time.
88GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$48.86
Price
$40.35
GF Value