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Ingersoll Rand vs Zurn Elkay Water Solutions: IR and ZWS compared
Ingersoll Rand is the larger company: $2.1B of revenue in its latest quarter (Q3 2026) against $495M for Zurn Elkay Water Solutions (Q3 2026). Zurn Elkay Water Solutions is growing faster (+9% against +6% a year earlier). Ingersoll Rand is more profitable, with an operating margin of 37.9% against 21.9%.
Where the money goes: IR and ZWS
Ingersoll Rand (IR) · Q3 2026
Ingersoll Rand, Q3 2026: revenue $2.1B (+6% year over year), operating margin 37.9%, net earnings $672M, operating cash flow $648M. The chart follows the revenue to costs, profit and cash.
Zurn Elkay Water Solutions (ZWS) · Q3 2026
Zurn Elkay Water Solutions, Q3 2026: revenue $495M (+9% year over year), operating margin 21.9%, net earnings $76.3M, operating cash flow $112M. The chart follows the revenue to costs, profit and cash.
| Ingersoll Rand (IR) | Zurn Elkay Water Solutions (ZWS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.1B | $495M |
| Revenue growth, Y/Y | +6% | +9% |
| Gross margin | 44.8% | 49.6% |
| Operating margin | 37.9% | 21.9% |
| Net earnings | $672M | $76.3M |
| Net margin | 32.5% | 15.4% |
| Operating cash flow | $648M | $112M |
| Free cash flow | $623M | $110M |
| Market value | $32.3B | $7.3B |
| P/E | 23.5× | 25.4× |
| Analysts’ mean target | $94.92 | $52.89 |
Where the revenue comes from
Ingersoll Rand
- Original equipment: $1.3B (64%)
- Aftermarket: $742M (36%)
Questions
Which is bigger, Ingersoll Rand or Zurn Elkay Water Solutions?
Ingersoll Rand is the larger company: $2.1B of revenue in its latest quarter (Q3 2026) against $495M for Zurn Elkay Water Solutions (Q3 2026).
Is Ingersoll Rand or Zurn Elkay Water Solutions growing faster?
Zurn Elkay Water Solutions is growing faster (+9% against +6% a year earlier).
Which is more profitable, Ingersoll Rand or Zurn Elkay Water Solutions?
Ingersoll Rand is more profitable, with an operating margin of 37.9% against 21.9%.
More: Ingersoll Rand earnings · how Ingersoll Rand makes money · Zurn Elkay Water Solutions earnings · how Zurn Elkay Water Solutions makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Oct 27, 2026). Fiscal quarters can end on different dates. Not investment advice.