vs

Side-by-side financial comparison of HighPeak Energy, Inc. (HPK) 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 $216.6M, roughly 1.9× HighPeak Energy, Inc.). Zurn Elkay Water Solutions Corp runs the higher net margin — 10.3% vs -11.6%, a 22.0% gap on every dollar of revenue. On growth, Zurn Elkay Water Solutions Corp posted the faster year-over-year revenue change (9.8% vs -23.3%). Over the past eight quarters, Zurn Elkay Water Solutions Corp's revenue compounded faster (4.4% CAGR vs -13.2%).

Duke Energy Corporation is an American electric power and natural gas holding company headquartered in Charlotte, North Carolina. The company serves over 7 million customers in the eastern United States. In 2024 it ranked as the 141st largest company in the United States – its highest-ever placement on the Fortune 500 list.

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.

HPK vs ZWS — Head-to-Head

Bigger by revenue
ZWS
ZWS
1.9× larger
ZWS
$407.2M
$216.6M
HPK
Growing faster (revenue YoY)
ZWS
ZWS
+33.2% gap
ZWS
9.8%
-23.3%
HPK
Higher net margin
ZWS
ZWS
22.0% more per $
ZWS
10.3%
-11.6%
HPK
Faster 2-yr revenue CAGR
ZWS
ZWS
Annualised
ZWS
4.4%
-13.2%
HPK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HPK
HPK
ZWS
ZWS
Revenue
$216.6M
$407.2M
Net Profit
$-25.2M
$42.1M
Gross Margin
44.4%
Operating Margin
-7.6%
14.8%
Net Margin
-11.6%
10.3%
Revenue YoY
-23.3%
9.8%
Net Profit YoY
-380.7%
15.7%
EPS (diluted)
$-0.16
$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
HPK
HPK
ZWS
ZWS
Q4 25
$216.6M
$407.2M
Q3 25
$188.9M
$455.4M
Q2 25
$200.4M
$444.5M
Q1 25
$257.4M
$388.8M
Q4 24
$282.6M
$370.7M
Q3 24
$271.6M
$410.0M
Q2 24
$275.3M
$412.0M
Q1 24
$287.8M
$373.8M
Net Profit
HPK
HPK
ZWS
ZWS
Q4 25
$-25.2M
$42.1M
Q3 25
$-18.3M
$61.8M
Q2 25
$26.2M
$50.5M
Q1 25
$36.3M
$43.6M
Q4 24
$9.0M
$36.4M
Q3 24
$49.9M
$43.5M
Q2 24
$29.7M
$46.0M
Q1 24
$6.4M
$34.3M
Gross Margin
HPK
HPK
ZWS
ZWS
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%
Q1 24
45.5%
Operating Margin
HPK
HPK
ZWS
ZWS
Q4 25
-7.6%
14.8%
Q3 25
17.3%
17.0%
Q2 25
21.7%
17.5%
Q1 25
35.1%
16.3%
Q4 24
26.1%
13.3%
Q3 24
27.0%
17.1%
Q2 24
31.7%
17.5%
Q1 24
35.8%
14.2%
Net Margin
HPK
HPK
ZWS
ZWS
Q4 25
-11.6%
10.3%
Q3 25
-9.7%
13.6%
Q2 25
13.1%
11.4%
Q1 25
14.1%
11.2%
Q4 24
3.2%
9.8%
Q3 24
18.4%
10.6%
Q2 24
10.8%
11.2%
Q1 24
2.2%
9.2%
EPS (diluted)
HPK
HPK
ZWS
ZWS
Q4 25
$-0.16
$0.24
Q3 25
$-0.15
$0.36
Q2 25
$0.19
$0.29
Q1 25
$0.26
$0.26
Q4 24
$0.06
$0.21
Q3 24
$0.35
$0.25
Q2 24
$0.21
$0.27
Q1 24
$0.05
$0.19

Balance Sheet & Financial Strength

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

Metric
HPK
HPK
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$162.1M
$300.5M
Total DebtLower is stronger
$1.2B
$496.5M
Stockholders' EquityBook value
$1.6B
$1.6B
Total Assets
$3.2B
$2.7B
Debt / EquityLower = less leverage
0.75×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPK
HPK
ZWS
ZWS
Q4 25
$162.1M
$300.5M
Q3 25
$164.9M
$260.1M
Q2 25
$21.9M
$201.9M
Q1 25
$51.6M
$144.7M
Q4 24
$86.6M
$198.0M
Q3 24
$135.6M
$187.9M
Q2 24
$157.9M
$162.7M
Q1 24
$173.4M
$157.1M
Total Debt
HPK
HPK
ZWS
ZWS
Q4 25
$1.2B
$496.5M
Q3 25
$1.2B
$496.4M
Q2 25
$1.0B
$495.9M
Q1 25
$1.0B
$495.8M
Q4 24
$1.0B
$495.6M
Q3 24
$1.1B
$495.6M
Q2 24
$1.1B
$495.5M
Q1 24
$1.1B
$495.4M
Stockholders' Equity
HPK
HPK
ZWS
ZWS
Q4 25
$1.6B
$1.6B
Q3 25
$1.6B
$1.6B
Q2 25
$1.7B
$1.6B
Q1 25
$1.6B
$1.5B
Q4 24
$1.6B
$1.6B
Q3 24
$1.6B
$1.6B
Q2 24
$1.6B
$1.6B
Q1 24
$1.5B
$1.6B
Total Assets
HPK
HPK
ZWS
ZWS
Q4 25
$3.2B
$2.7B
Q3 25
$3.2B
$2.7B
Q2 25
$3.1B
$2.7B
Q1 25
$3.1B
$2.6B
Q4 24
$3.1B
$2.6B
Q3 24
$3.1B
$2.7B
Q2 24
$3.1B
$2.7B
Q1 24
$3.1B
$2.7B
Debt / Equity
HPK
HPK
ZWS
ZWS
Q4 25
0.75×
0.31×
Q3 25
0.73×
0.31×
Q2 25
0.62×
0.32×
Q1 25
0.63×
0.32×
Q4 24
0.65×
0.31×
Q3 24
0.67×
0.31×
Q2 24
0.70×
0.31×
Q1 24
0.73×
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
HPK
HPK
ZWS
ZWS
Operating Cash FlowLast quarter
$93.1M
$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
HPK
HPK
ZWS
ZWS
Q4 25
$93.1M
$91.7M
Q3 25
$120.2M
$101.3M
Q2 25
$141.2M
$110.6M
Q1 25
$157.1M
$42.9M
Q4 24
$139.5M
$63.6M
Q3 24
$177.1M
$90.9M
Q2 24
$202.3M
$85.1M
Q1 24
$171.4M
$53.9M
Cash Conversion
HPK
HPK
ZWS
ZWS
Q4 25
2.18×
Q3 25
1.64×
Q2 25
5.39×
2.19×
Q1 25
4.32×
0.98×
Q4 24
15.53×
1.75×
Q3 24
3.55×
2.09×
Q2 24
6.81×
1.85×
Q1 24
26.63×
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HPK
HPK

Crude Oil Sales$152.1M70%
Natural Gas And NGL Sales$60.8M28%

ZWS
ZWS

Segment breakdown not available.

Related Comparisons