Xylem Inc., together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions for utility, industrial, and residential and commercial building services settings worldwide. It operates through Water Infrastructure; Applied Water; Measurement and Control Solutions; and Water Solutions and Services segments. The company offers water, wastewater, and storm water pumps and controls and systems; filtration, disinfection, and biological treatment equipment under the Flygt, Ionpure, Leopold, Neptune Benson, Sanitare, Wallace & Tiernan, and Wedeco brands; and pumps, valves, heat exchangers, controls, and dispensing equipment used for water and focuses on the residential, commercial and industrial markets under the Rule, Bell & Gossett, Flojet, Goulds Water Technology, Jabsco, and Lowara brands. It also provides smart meters, network communication devices, data analytics, test instruments, controls, sensor devices, software and managed services, critical infrastructure services, cloud-based analytics, and remote monitoring and data management under the Ebro, Sensus, Sentec, Smith Blair, WTW, YSI, and Xylem Vue brands. In addition, the company offers preventative maintenance services, rapid response mobile services, digitally enabled/outsourced solutions, process and wastewater treatment systems, environmental remediation, odor and corrosion control, filtration, reverse osmosis, continuous deionization, and mobile dewatering equipment and rental services; and municipal services comprising odor and corrosion control services, as well as condition assessment and asset management, and pressure monitoring solutions under the Grindex, Mar Cor, and Godwin brands. Xylem Inc. was formerly known as ITT WCO, Inc. and changed its name to Xylem Inc. in July 2011. The company was incorporated in 2011 and is headquartered in Washington, District Of Columbia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $9.0B | $1.8B | $957M | $910M | 8.3% | 5.5% | 7.5% |
| 2024 | $8.6B | $1.7B | $890M | $942M | 8.4% | 16.3% | 46.1% |
| 2023 | $7.4B | $1.1B | $609M | $566M | 6.0% | 33.4% | 71.5% |
| 2022 | $5.5B | $726M | $355M | $388M | 10.2% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,522 | 7,364 | 8,562 | 9,035 |
| Operating Revenue | - | 5,522 | 7,364 | 8,562 | 9,035 |
| Cost Of Revenue | - | 3,438 | 4,647 | 5,350 | 5,560 |
| Gross Profit | - | 2,084 | 2,717 | 3,212 | 3,475 |
| Operating Expense | - | 1,433 | 1,989 | 2,141 | 2,149 |
| Research And Development | - | 206 | 232 | 230 | 226 |
| Selling General And Administration | - | 1,227 | 1,757 | 1,911 | 1,923 |
| Total Expenses | - | 4,871 | 6,636 | 7,491 | 7,709 |
| Operating Income | - | 651 | 728 | 1,071 | 1,326 |
| Total Operating Income As Reported | - | 622 | 652 | 1,009 | 1,223 |
| EBITDA | - | 726 | 1,120 | 1,693 | 1,785 |
| Normalized EBITDA | - | 754 | 1,197 | 1,801 | 1,919 |
| EBIT | - | 490 | 684 | 1,131 | 1,210 |
| Interest Income | - | 16 | 28 | 28 | 27 |
| Interest Expense | - | 50 | 49 | 44 | 29 |
| Net Interest Income | - | -34 | -21 | -16 | -2 |
| Other Non Operating Income Expenses | - | -149 | 5 | -8 | -11 |
| Other Income Expense | - | -177 | -72 | 32 | -143 |
| Interest Income Non Operating | - | 16 | 28 | 28 | 27 |
| Interest Expense Non Operating | - | 50 | 49 | 44 | 29 |
| Net Non Operating Interest Income Expense | - | -34 | -21 | -16 | -2 |
| Pretax Income | - | 440 | 635 | 1,087 | 1,181 |
| Tax Provision | - | 85 | 26 | 197 | 231 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -5.41 | -3.16 | -19.55 | -26.13 |
| Net Income Continuous Operations | - | 355 | 609 | 890 | 950 |
| Net Income From Continuing And Discontinued Operation | - | 355 | 609 | 890 | 957 |
| Net Income From Continuing Operation Net Minority Interest | - | 355 | 609 | 890 | 957 |
| Net Income | - | 355 | 609 | 890 | 957 |
| Net Income Common Stockholders | - | 355 | 609 | 890 | 957 |
| Net Income Including Noncontrolling Interests | - | 355 | 609 | 890 | 950 |
| Normalized Income | - | 377.59 | 682.84 | 978.45 | 1,064.87 |
| Diluted NI Availto Com Stockholders | - | 355 | 609 | 890 | 957 |
| Basic Average Shares | - | 180.20 | 217 | 242.60 | 243.40 |
| Diluted Average Shares | - | 181 | 218.20 | 243.50 | 244 |
| Reconciled Depreciation | - | 236 | 436 | 562 | 575 |
| Reconciled Cost Of Revenue | - | 3,438 | 4,647 | 5,350 | 5,560 |
| Total Unusual Items | - | -28 | -77 | -108 | -134 |
| Total Unusual Items Excluding Goodwill | - | -28 | -77 | -108 | -134 |
| Minority Interests | - | - | 0 | 0 | 7 |
| Special Income Charges | - | -28 | -77 | -108 | -134 |
| Gain On Sale Of Business | - | 1 | -1 | -46 | -31 |
| Write Off | - | 14 | 4 | 7 | 8 |
| Impairment Of Capital Assets | 0 | 0 | - | - | - |
| Restructuring And Mergern Acquisition | - | 15 | 72 | 55 | 95 |
| General And Administrative Expense | - | 1,227 | 1,757 | 1,911 | 1,923 |
| Other Gand A | - | 1,227 | 1,757 | 1,911 | 1,923 |
| Salaries And Wages | 0 | 140 | 0 | 0 | - |
| Earnings From Equity Interest | - | 0 | 0 | 148 | 2 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Xylem Inc.this co. | XYL | $26.2B | 27.37 | 2.28 | 8.3% | 15.00 |
| Dover Corporation | DOV | $28.7B | 26.28 | 3.88 | 14.8% | 16.44 |
| Copart, Inc. | CPRT | $28.5B | 18.35 | 3.10 | 16.9% | 13.48 |
| Ingersoll Rand Inc. | IR | $28.2B | 48.47 | 2.79 | 5.8% | 18.75 |
| Otis Worldwide Corporation | OTIS | $26.8B | 19.37 | -4.97 | -25.7% |
| - |
| - |
| - |
| - |
| 14.29 |
| J.B. Hunt Transport Services, Inc. | JBHT | $26.7B | 44.65 | 7.49 | 16.8% | 17.78 |
| Hubbell Incorporated | HUBB | $25.6B | 28.91 | 6.66 | 23.1% | 19.90 |
| Verisk Analytics, Inc. | VRSK | $23.6B | 25.96 | 76.32 | 293.9% | 15.76 |
| C.H. Robinson Worldwide, Inc. | CHRW | $21.8B | 37.06 | 11.79 | 31.8% | 25.61 |
| Peer Median | - | 27.59 | 5.27 | 16.8% | 17.11 | |