Zurn Elkay Water Solutions Corp reported Q1 2026 earnings featuring ongoing restructuring initiatives aimed at operating margin enhancement, including workforce reductions and facility rationalizations. Revenue growth continues to be driven by institutional and commercial building construction markets, underpinned by the company’s broad portfolio of highly engineered, specification-bound water management solutions. Despite tariff uncertainties and cyclicality, strong specification loyalty and the ZEBS operating system fortify Zurn Elkay’s competitive moat. The company maintains a healthy liquidity profile with manageable leverage, supporting continued capital returns through dividends and share repurchases.