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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and Zurn Elkay Water Solutions Corp (ZWS). Click either name above to swap in a different company.

Zurn Elkay Water Solutions Corp is the larger business by last-quarter revenue ($407.2M vs $336.2M, roughly 1.2× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 10.3%, a 17.8% gap on every dollar of revenue. On growth, Zurn Elkay Water Solutions Corp posted the faster year-over-year revenue change (9.8% vs 4.2%). Over the past eight quarters, Zurn Elkay Water Solutions Corp's revenue compounded faster (4.4% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

Zurn Elkay Water Solutions Corp designs, manufactures, and distributes a wide range of water management and dispensing products, including commercial plumbing fixtures, drinking fountains, water filtration systems, and flow control components. It serves commercial, residential, industrial, and public infrastructure markets primarily across North America, with a focus on delivering sustainable, water-efficient solutions for diverse end-user needs.

FULT vs ZWS — Head-to-Head

Bigger by revenue
ZWS
ZWS
1.2× larger
ZWS
$407.2M
$336.2M
FULT
Growing faster (revenue YoY)
ZWS
ZWS
+5.7% gap
ZWS
9.8%
4.2%
FULT
Higher net margin
FULT
FULT
17.8% more per $
FULT
28.2%
10.3%
ZWS
Faster 2-yr revenue CAGR
ZWS
ZWS
Annualised
ZWS
4.4%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
ZWS
ZWS
Revenue
$336.2M
$407.2M
Net Profit
$94.8M
$42.1M
Gross Margin
44.4%
Operating Margin
14.8%
Net Margin
28.2%
10.3%
Revenue YoY
4.2%
9.8%
Net Profit YoY
-4.3%
15.7%
EPS (diluted)
$0.55
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
ZWS
ZWS
Q1 26
$336.2M
Q4 25
$336.0M
$407.2M
Q3 25
$334.6M
$455.4M
Q2 25
$324.1M
$444.5M
Q1 25
$318.4M
$388.8M
Q4 24
$319.6M
$370.7M
Q3 24
$317.7M
$410.0M
Q2 24
$334.7M
$412.0M
Net Profit
FULT
FULT
ZWS
ZWS
Q1 26
$94.8M
Q4 25
$99.0M
$42.1M
Q3 25
$100.5M
$61.8M
Q2 25
$99.2M
$50.5M
Q1 25
$93.0M
$43.6M
Q4 24
$68.6M
$36.4M
Q3 24
$63.2M
$43.5M
Q2 24
$95.0M
$46.0M
Gross Margin
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
44.4%
Q3 25
44.1%
Q2 25
45.5%
Q1 25
46.6%
Q4 24
43.5%
Q3 24
46.2%
Q2 24
45.2%
Operating Margin
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
35.7%
14.8%
Q3 25
38.2%
17.0%
Q2 25
37.8%
17.5%
Q1 25
36.1%
16.3%
Q4 24
27.0%
13.3%
Q3 24
25.1%
17.1%
Q2 24
30.8%
17.5%
Net Margin
FULT
FULT
ZWS
ZWS
Q1 26
28.2%
Q4 25
29.5%
10.3%
Q3 25
30.0%
13.6%
Q2 25
30.6%
11.4%
Q1 25
29.2%
11.2%
Q4 24
21.5%
9.8%
Q3 24
19.9%
10.6%
Q2 24
28.4%
11.2%
EPS (diluted)
FULT
FULT
ZWS
ZWS
Q1 26
$0.55
Q4 25
$0.53
$0.24
Q3 25
$0.53
$0.36
Q2 25
$0.53
$0.29
Q1 25
$0.49
$0.26
Q4 24
$0.36
$0.21
Q3 24
$0.33
$0.25
Q2 24
$0.52
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$300.5M
Total DebtLower is stronger
$496.5M
Stockholders' EquityBook value
$3.5B
$1.6B
Total Assets
$32.2B
$2.7B
Debt / EquityLower = less leverage
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
$300.5M
Q3 25
$260.1M
Q2 25
$201.9M
Q1 25
$144.7M
Q4 24
$198.0M
Q3 24
$187.9M
Q2 24
$162.7M
Total Debt
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
$496.5M
Q3 25
$496.4M
Q2 25
$495.9M
Q1 25
$495.8M
Q4 24
$495.6M
Q3 24
$495.6M
Q2 24
$495.5M
Stockholders' Equity
FULT
FULT
ZWS
ZWS
Q1 26
$3.5B
Q4 25
$3.5B
$1.6B
Q3 25
$3.4B
$1.6B
Q2 25
$3.3B
$1.6B
Q1 25
$3.3B
$1.5B
Q4 24
$3.2B
$1.6B
Q3 24
$3.2B
$1.6B
Q2 24
$3.1B
$1.6B
Total Assets
FULT
FULT
ZWS
ZWS
Q1 26
$32.2B
Q4 25
$32.1B
$2.7B
Q3 25
$32.0B
$2.7B
Q2 25
$32.0B
$2.7B
Q1 25
$32.1B
$2.6B
Q4 24
$32.1B
$2.6B
Q3 24
$32.2B
$2.7B
Q2 24
$31.8B
$2.7B
Debt / Equity
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
0.31×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.31×
Q3 24
0.31×
Q2 24
0.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
ZWS
ZWS
Operating Cash FlowLast quarter
$91.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.18×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
$304.5M
$91.7M
Q3 25
$116.1M
$101.3M
Q2 25
$91.7M
$110.6M
Q1 25
$703.0K
$42.9M
Q4 24
$416.6M
$63.6M
Q3 24
$-22.0M
$90.9M
Q2 24
$157.8M
$85.1M
Cash Conversion
FULT
FULT
ZWS
ZWS
Q1 26
Q4 25
3.08×
2.18×
Q3 25
1.16×
1.64×
Q2 25
0.92×
2.19×
Q1 25
0.01×
0.98×
Q4 24
6.07×
1.75×
Q3 24
-0.35×
2.09×
Q2 24
1.66×
1.85×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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