Stocks · Industrials · Pumps & Pumping Equipment

Xylem Inc.

XYL Clue Score74
United States Fiscal year ends December CIK 0001524472
$102.71 +0.71% Close, 9 Oct 2026
Price $102.71 −13.54% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue3.77Operating income0.41Net income0.26EPS, diluted1.45Fiscal year 2017Revenue4.71 +24.8%Operating income0.55Net income0.33 +27.3%EPS, diluted1.83 +26.2%Fiscal year 2018Revenue5.21 +10.6%Operating income0.65Net income0.55 +65.9%EPS, diluted3.03 +65.6%Fiscal year 2019Revenue5.25 +0.8%Operating income0.49Net income0.40 −27.0%EPS, diluted2.21 −27.1%Fiscal year 2020Revenue4.88 −7.1%Operating income0.37Net income0.25 −36.7%EPS, diluted1.40 −36.7%Fiscal year 2021Revenue5.20 +6.5%Operating income0.59Net income0.43 +68.1%EPS, diluted2.35 +67.9%Fiscal year 2022Revenue5.52 +6.3%Operating income0.62Net income0.36 −16.9%EPS, diluted1.96 −16.6%Fiscal year 2023Revenue7.36 +33.4%Operating income0.65Net income0.61 +71.5%EPS, diluted2.79 +42.3%Fiscal year 2024Revenue8.56 +16.3%Operating income1.01Net income0.89 +46.1%EPS, diluted3.65 +30.8%Fiscal year 2025Revenue9.04 +5.5%Operating income1.22Net income0.96 +7.5%EPS, diluted3.92 +7.4%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3.77 4.71 5.21 5.25 4.88 5.20 5.52 7.36 8.56 9.04
Growth +24.8% +10.6% +0.8% −7.1% +6.5% +6.3% +33.4% +16.3% +5.5%
Operating income 0.41 0.55 0.65 0.49 0.37 0.59 0.62 0.65 1.01 1.22
Net income 0.26 0.33 0.55 0.40 0.25 0.43 0.36 0.61 0.89 0.96
Growth +27.3% +65.9% −27.0% −36.7% +68.1% −16.9% +71.5% +46.1% +7.5%
EPS, diluted 1.45 1.83 3.03 2.21 1.40 2.35 1.96 2.79 3.65 3.92
Growth +26.2% +65.6% −27.1% −36.7% +67.9% −16.6% +42.3% +30.8% +7.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin38.8%Operating margin10.8%Net margin6.9%Free cash flow margin9.9%Fiscal year 2017Gross margin39.2%Operating margin11.7%Net margin7.0%Free cash flow margin11.0%Fiscal year 2018Gross margin38.9%Operating margin12.6%Net margin10.5%Free cash flow margin6.7%Fiscal year 2019Gross margin39.0%Operating margin9.3%Net margin7.6%Free cash flow margin11.7%Fiscal year 2020Gross margin37.5%Operating margin7.5%Net margin5.2%Free cash flow margin13.1%Fiscal year 2021Gross margin38.0%Operating margin11.3%Net margin8.2%Free cash flow margin6.4%Fiscal year 2022Gross margin37.7%Operating margin11.3%Net margin6.4%Free cash flow margin7.0%Fiscal year 2023Gross margin36.9%Operating margin8.9%Net margin8.3%Free cash flow margin7.7%Fiscal year 2024Gross margin37.5%Operating margin11.8%Net margin10.4%Free cash flow margin11.0%Fiscal year 2025Gross margin38.5%Operating margin13.5%Net margin10.6%Free cash flow margin10.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 38.8% 39.2% 38.9% 39.0% 37.5% 38.0% 37.7% 36.9% 37.5% 38.5%
Operating margin 10.8% 11.7% 12.6% 9.3% 7.5% 11.3% 11.3% 8.9% 11.8% 13.5%
Net margin 6.9% 7.0% 10.5% 7.6% 5.2% 8.2% 6.4% 8.3% 10.4% 10.6%
Free cash flow margin 9.9% 11.0% 6.7% 11.7% 13.1% 6.4% 7.0% 7.7% 11.0% 10.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.50Capital expenditure−0.12Free cash flow0.37Buybacks−0.00Dividends paid−0.11Fiscal year 2017Operating cash flow0.69Capital expenditure−0.17Free cash flow0.52 +38.3%Buybacks−0.03Dividends paid−0.13Fiscal year 2018Operating cash flow0.59Capital expenditure−0.24Free cash flow0.35 −32.4%Buybacks−0.06Dividends paid−0.15Fiscal year 2019Operating cash flow0.84Capital expenditure−0.23Free cash flow0.61 +75.6%Buybacks−0.04Dividends paid−0.17Fiscal year 2020Operating cash flow0.82Capital expenditure−0.18Free cash flow0.64 +4.6%Buybacks−0.06Dividends paid−0.19Fiscal year 2021Operating cash flow0.54Capital expenditure−0.21Free cash flow0.33 −48.5%Buybacks−0.07Dividends paid−0.20Fiscal year 2022Operating cash flow0.60Capital expenditure−0.21Free cash flow0.39 +17.6%Buybacks−0.05Dividends paid−0.22Fiscal year 2023Operating cash flow0.84Capital expenditure−0.27Free cash flow0.57 +45.9%Buybacks−0.03Dividends paid−0.30Fiscal year 2024Operating cash flow1.26Capital expenditure−0.32Free cash flow0.94 +66.4%Buybacks−0.02Dividends paid−0.35Fiscal year 2025Operating cash flow1.24Capital expenditure−0.33Free cash flow0.91 −3.4%Buybacks−0.02Dividends paid−0.39
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.50 0.69 0.59 0.84 0.82 0.54 0.60 0.84 1.26 1.24
Capital expenditure −0.12 −0.17 −0.24 −0.23 −0.18 −0.21 −0.21 −0.27 −0.32 −0.33
Free cash flow 0.37 0.52 0.35 0.61 0.64 0.33 0.39 0.57 0.94 0.91
Growth +38.3% −32.4% +75.6% +4.6% −48.5% +17.6% +45.9% +66.4% −3.4%
Buybacks −0.00 −0.03 −0.06 −0.04 −0.06 −0.07 −0.05 −0.03 −0.02 −0.02
Dividends paid −0.11 −0.13 −0.15 −0.17 −0.19 −0.20 −0.22 −0.30 −0.35 −0.39

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.31Total debt2.11Net cash (debt)−1.80Shareholders’ equity2.19Debt to equity0.96Fiscal year 2017Cash0.41Total debt2.20Net cash (debt)−1.79Shareholders’ equity2.50Debt to equity0.88Fiscal year 2018Cash0.30Total debt2.05Net cash (debt)−1.76Shareholders’ equity2.77Debt to equity0.74Fiscal year 2019Cash0.72Total debt2.04Net cash (debt)−1.32Shareholders’ equity2.96Debt to equity0.69Fiscal year 2020Cash1.88Total debt2.48Net cash (debt)−0.61Shareholders’ equity2.97Debt to equity0.84Fiscal year 2021Cash1.35Total debt2.44Net cash (debt)−1.09Shareholders’ equity3.22Debt to equity0.76Fiscal year 2022Cash0.94Total debt1.88Net cash (debt)−0.94Shareholders’ equity3.49Debt to equity0.54Fiscal year 2023Cash1.02Total debt2.27Net cash (debt)−1.25Shareholders’ equity10.17Debt to equity0.22Fiscal year 2024Cash1.12Total debt1.98Net cash (debt)−0.86Shareholders’ equity10.64Debt to equity0.19Fiscal year 2025Cash1.48Total debt1.41Net cash (debt)0.07Shareholders’ equity11.48Debt to equity0.12
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.31 0.41 0.30 0.72 1.88 1.35 0.94 1.02 1.12 1.48
Total debt 2.11 2.20 2.05 2.04 2.48 2.44 1.88 2.27 1.98 1.41
Net cash (debt) −1.80 −1.79 −1.76 −1.32 −0.61 −1.09 −0.94 −1.25 −0.86 0.07
Shareholders’ equity 2.19 2.50 2.77 2.96 2.97 3.22 3.49 10.17 10.64 11.48
Debt to equity 0.96 0.88 0.74 0.69 0.84 0.76 0.54 0.22 0.19 0.12

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
3.77 4.71 5.21 5.25 4.88 5.20 5.52 7.36 8.56 9.04
Growth +24.8% +10.6% +0.8% −7.1% +6.5% +6.3% +33.4% +16.3% +5.5%
2.31 2.86 3.18 3.20 3.05 3.22 3.44 4.65 5.35 5.56
1.46 1.85 2.03 2.05 1.83 1.98 2.08 2.72 3.21 3.48
Growth +26.3% +9.7% +1.0% −10.6% +7.9% +5.5% +30.4% +18.2% +8.2%
0.11 0.18 0.19 0.19 0.19 0.20 0.21 0.23 0.23 0.23
0.91 1.09 1.16 1.16 1.14 1.18 1.23 1.76 1.91 1.92
0.41 0.55 0.65 0.49 0.37 0.59 0.62 0.65 1.01 1.22
Growth +35.3% +18.5% −25.7% −24.5% +59.4% +6.3% +4.8% +54.8% +21.2%
0.34 0.47 0.59 0.42 0.29 0.51 0.44 0.64 1.09 1.18
0.08 0.14 0.04 0.02 0.03 0.08 0.09 0.03 0.20 0.23
0.26 0.33 0.55 0.40 0.25 0.43 0.36 0.61 0.89 0.96
Growth +27.3% +65.9% −27.0% −36.7% +68.1% −16.9% +71.5% +46.1% +7.5%
Per share
1.45 1.84 3.05 2.23 1.41 2.37 1.97 2.81 3.67 3.93
1.45 1.83 3.03 2.21 1.40 2.35 1.96 2.79 3.65 3.92
Growth +26.2% +65.6% −27.1% −36.7% +67.9% −16.6% +42.3% +30.8% +7.4%
179.1 179.6 179.8 180.0 180.1 180.2 180.2 217.0 242.6 243.4
180.0 180.9 181.1 181.2 181.1 181.5 181.0 218.2 243.5 244.0
Growth +0.5% +0.2% +0.0% −0.1% +0.2% −0.3% +20.6% +11.6% +0.2%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 13.1% a year over five years, and earnings per share grew 22.9% a year.
  • The diluted share count rose 34.7% in five years, which is dilution.
  • Operating margin is up 6.0 points on five years ago, at 13.5%.
  • Profitable in every one of the 10 years on file.