Armstrong World Industries vs Zurn Elkay Water Solutions
Armstrong World Industries and Zurn Elkay Water Solutions are similar in size: $1.62bn and $1.70bn of revenue in their latest fiscal years. Armstrong World Industries grew faster (12.1% against 8.3%). Armstrong World Industries kept more of each dollar of sales as profit: a net margin of 19.0% against 11.7%. Zurn Elkay Water Solutions carries less debt relative to equity (31.2% against 45.6%).
| Latest fiscal year | Armstrong World IndustriesAWI, 2025 | Zurn Elkay Water SolutionsZWS, 2025 |
|---|---|---|
| Revenue | $1.62bn | $1.70bn |
| Revenue growth | 12.1% | 8.3% |
| Net income | $309m | $198m |
| Operating margin | 26.6% | 16.4% |
| Net margin | 19.0% | 11.7% |
| Return on equity | 37.2% | 12.4% |
| Free cash flow | $246m | $347m |
| Cash | $113m | $301m |
| Total debt | $411m | $501m |
| Debt to equity | 45.6% | 31.2% |
| Dividend per share | $1.26 | $0.38 |
| Dividend yield | 0.8% | 1.0% |
| Share buybacks | $129m | $160m |
| Employees | 3,600 | 2,600 |
| Market value | $7.16bn | $7.32bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 76 (Strong) | 56 (Moderate) |
| Insider trades, 12 months | 1 buys, 0 sales | 1 buys, 24 sales |