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Side-by-side financial comparison of Mechanics Bancorp (MCHB) and Zurn Elkay Water Solutions Corp (ZWS). Click either name above to swap in a different company.

Mechanics Bancorp is the larger business by last-quarter revenue ($458.8M vs $407.2M, roughly 1.1× Zurn Elkay Water Solutions Corp). Over the past eight quarters, Mechanics Bancorp's revenue compounded faster (232.1% CAGR vs 4.4%).

Mechanics Bancorp is a U.S.-headquartered bank holding company operating Mechanics Bank as its core subsidiary. It offers retail banking, commercial banking, and wealth management services including deposits, loans, and investment advisory, primarily serving consumers and small-to-medium enterprises across California.

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.

MCHB vs ZWS — Head-to-Head

Bigger by revenue
MCHB
MCHB
1.1× larger
MCHB
$458.8M
$407.2M
ZWS
Faster 2-yr revenue CAGR
MCHB
MCHB
Annualised
MCHB
232.1%
4.4%
ZWS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MCHB
MCHB
ZWS
ZWS
Revenue
$458.8M
$407.2M
Net Profit
$42.1M
Gross Margin
44.4%
Operating Margin
14.8%
Net Margin
10.3%
Revenue YoY
9.8%
Net Profit YoY
15.7%
EPS (diluted)
$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
MCHB
MCHB
ZWS
ZWS
Q4 25
$458.8M
$407.2M
Q3 25
$255.4M
$455.4M
Q2 25
$49.0M
$444.5M
Q1 25
$45.4M
$388.8M
Q4 24
$29.6M
$370.7M
Q3 24
$147.9M
$410.0M
Q2 24
$42.9M
$412.0M
Q1 24
$41.6M
$373.8M
Net Profit
MCHB
MCHB
ZWS
ZWS
Q4 25
$42.1M
Q3 25
$55.2M
$61.8M
Q2 25
$-4.4M
$50.5M
Q1 25
$-4.5M
$43.6M
Q4 24
$-123.3M
$36.4M
Q3 24
$39.9M
$43.5M
Q2 24
$-6.2M
$46.0M
Q1 24
$-7.5M
$34.3M
Gross Margin
MCHB
MCHB
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
MCHB
MCHB
ZWS
ZWS
Q4 25
14.8%
Q3 25
17.7%
17.0%
Q2 25
-9.8%
17.5%
Q1 25
-10.5%
16.3%
Q4 24
-312.2%
13.3%
Q3 24
37.5%
17.1%
Q2 24
-18.6%
17.5%
Q1 24
-25.4%
14.2%
Net Margin
MCHB
MCHB
ZWS
ZWS
Q4 25
10.3%
Q3 25
21.6%
13.6%
Q2 25
-9.0%
11.4%
Q1 25
-9.8%
11.2%
Q4 24
-416.4%
9.8%
Q3 24
27.0%
10.6%
Q2 24
-14.5%
11.2%
Q1 24
-18.0%
9.2%
EPS (diluted)
MCHB
MCHB
ZWS
ZWS
Q4 25
$0.24
Q3 25
$0.26
$0.36
Q2 25
$-0.23
$0.29
Q1 25
$-0.24
$0.26
Q4 24
$-6.53
$0.21
Q3 24
$0.20
$0.25
Q2 24
$-0.33
$0.27
Q1 24
$-0.40
$0.19

Balance Sheet & Financial Strength

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

Metric
MCHB
MCHB
ZWS
ZWS
Cash + ST InvestmentsLiquidity on hand
$1.0B
$300.5M
Total DebtLower is stronger
$192.0M
$496.5M
Stockholders' EquityBook value
$2.9B
$1.6B
Total Assets
$22.4B
$2.7B
Debt / EquityLower = less leverage
0.07×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHB
MCHB
ZWS
ZWS
Q4 25
$1.0B
$300.5M
Q3 25
$1.4B
$260.1M
Q2 25
$201.1M
$201.9M
Q1 25
$252.2M
$144.7M
Q4 24
$999.7M
$198.0M
Q3 24
$205.9M
$187.9M
Q2 24
$218.7M
$162.7M
Q1 24
$320.3M
$157.1M
Total Debt
MCHB
MCHB
ZWS
ZWS
Q4 25
$192.0M
$496.5M
Q3 25
$190.1M
$496.4M
Q2 25
$225.3M
$495.9M
Q1 25
$225.2M
$495.8M
Q4 24
$0
$495.6M
Q3 24
$0
$495.6M
Q2 24
$224.9M
$495.5M
Q1 24
$224.9M
$495.4M
Stockholders' Equity
MCHB
MCHB
ZWS
ZWS
Q4 25
$2.9B
$1.6B
Q3 25
$2.8B
$1.6B
Q2 25
$2.4B
$1.6B
Q1 25
$400.8M
$1.5B
Q4 24
$2.3B
$1.6B
Q3 24
$2.3B
$1.6B
Q2 24
$2.2B
$1.6B
Q1 24
$527.3M
$1.6B
Total Assets
MCHB
MCHB
ZWS
ZWS
Q4 25
$22.4B
$2.7B
Q3 25
$22.7B
$2.7B
Q2 25
$7.6B
$2.7B
Q1 25
$7.8B
$2.6B
Q4 24
$16.5B
$2.6B
Q3 24
$9.2B
$2.7B
Q2 24
$9.3B
$2.7B
Q1 24
$9.5B
$2.7B
Debt / Equity
MCHB
MCHB
ZWS
ZWS
Q4 25
0.07×
0.31×
Q3 25
0.07×
0.31×
Q2 25
0.09×
0.32×
Q1 25
0.56×
0.32×
Q4 24
0.00×
0.31×
Q3 24
0.00×
0.31×
Q2 24
0.10×
0.31×
Q1 24
0.43×
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
MCHB
MCHB
ZWS
ZWS
Operating Cash FlowLast quarter
$193.6M
$91.7M
Free Cash FlowOCF − Capex
$187.1M
FCF MarginFCF / Revenue
40.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
2.18×
TTM Free Cash FlowTrailing 4 quarters
$263.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHB
MCHB
ZWS
ZWS
Q4 25
$193.6M
$91.7M
Q3 25
$112.0M
$101.3M
Q2 25
$-9.8M
$110.6M
Q1 25
$-22.5M
$42.9M
Q4 24
$292.3M
$63.6M
Q3 24
$247.0M
$90.9M
Q2 24
$-21.8M
$85.1M
Q1 24
$-7.8M
$53.9M
Free Cash Flow
MCHB
MCHB
ZWS
ZWS
Q4 25
$187.1M
Q3 25
$109.1M
Q2 25
$-9.9M
Q1 25
$-22.6M
Q4 24
$285.9M
Q3 24
$244.5M
Q2 24
$-22.0M
Q1 24
$-13.9M
FCF Margin
MCHB
MCHB
ZWS
ZWS
Q4 25
40.8%
Q3 25
42.7%
Q2 25
-20.2%
Q1 25
-49.7%
Q4 24
965.3%
Q3 24
165.4%
Q2 24
-51.3%
Q1 24
-33.4%
Capex Intensity
MCHB
MCHB
ZWS
ZWS
Q4 25
1.4%
Q3 25
1.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
21.5%
Q3 24
1.7%
Q2 24
0.7%
Q1 24
14.6%
Cash Conversion
MCHB
MCHB
ZWS
ZWS
Q4 25
2.18×
Q3 25
2.03×
1.64×
Q2 25
2.19×
Q1 25
0.98×
Q4 24
1.75×
Q3 24
6.18×
2.09×
Q2 24
1.85×
Q1 24
1.57×

Financial Flow Comparison

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

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