XYL on NYSE

Xylem Inc.

Logo: Xylem Inc., Public domain, via Wikimedia Commons5

American water technology provider company

Xylem Inc. is a large American water technology provider, in public utility, industrial, commercial, agricultural and residential settings.3 From Wikipedia, CC BY-SA 4.0

$104.22 up 0.85 (0.82%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 18, 2026.

Overview

2011Founded1

Compare with Flowserve, ITT Corporation or IDEX Corporation, or pick any stock.

  • TickerXYL on NYSE1
  • Industryindustrial manufacturing1
  • HeadquartersWashington, D.C.1
  • Websitewww.xylem.com
  • Incorporated inIN6
  • Business address301 Water Street Se, Washington, Dc 200036
  • Filer categoryLarge accelerated filer6
Xylem 04
Photo: Bernt Fransson, CC BY-SA 4.0, via Wikimedia Commons8

Xylem Inc. is a large American water technology provider, in public utility, industrial, commercial, agricultural and residential settings. The company does business in more than 150 countries. Launched in 2011 as the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in Washington, DC, with 2024 revenues of $8.6 billion and 23,000 employees worldwide.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

38.5%Gross margin9
13.5%Operating margin9
10.6%Net margin9
5.5%Revenue growth, 20259
8.3%Return on equity9
0.12×Debt to equity9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 83% of the revenue Xylem Inc. broke down this way in fiscal 2025.

  1. Product$7.5B983%up 5% from 2024
  2. Service$1.6B917%up 7% from 2024
Products and services by year
Products and services202320242025
Product$6.3B$7.1B$7.5B
Service$1.1B$1.5B$1.6B

Business segments

Water Infrastructure brought in 29% of the revenue Xylem Inc. broke down this way in fiscal 2025.

  1. Water Infrastructure$2.6B929%up 3% from 2024
  2. Water Solutions & Services$2.5B927%up 5% from 2024
  3. Measurement and Control Solutions$2.1B923%up 11% from 2024
  4. Applied Water$1.8B920%up 3% from 2024
Business segments by year
Business segments202320242025
Water Infrastructure$2.2B$2.6B$2.6B
Water Solutions & Services$1.7B$2.3B$2.5B
Measurement and Control Solutions$1.6B$1.9B$2.1B
Applied Water$1.9B$1.8B$1.8B

Regions

United States brought in 58% of the revenue Xylem Inc. broke down this way in fiscal 2025.

  1. United States$5.2B958%up 7% from 2024
  2. Europe$1.8B920%up 5% from 2024
  3. Asia Pacific$1.2B914%down 4% from 2024
  4. Other Countries$766.0M98%up 12% from 2024
Regions by year
Regions202320242025
United States$4.0B$4.9B$5.2B
Europe$1.7B$1.7B$1.8B
Asia Pacific$1.2B$1.3B$1.2B
Other Countries$571.0M$681.0M$766.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue62¢$5.6B
  • Research and development3¢$226.0M
  • Selling, general and admin21¢$1.9B
  • Other costs2¢$138.0M
  • Income tax3¢$231.0M
  • Profit11¢$957.0M

Out of $9.0B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid32¢$391.0M
  • Share buybacks1¢$15.0M
  • Kept or used elsewhere67¢$835.0M

Out of $1.2B of cash from operations.9

Financial statements

Revenue101112139$9.0B in 2025+72% since 2019
0$2.5B$5.0B$7.5B$10.0B2019: $5.2B$5.2B20192020: $4.9B$4.9B2020−7%2021: $5.2B$5.2B2021+7%2022: $5.5B$5.5B2022+6%2023: $7.4B$7.4B2023+33%2024: $8.6B$8.6B2024+16%2025: $9.0B$9.0B2025+6%
Gross profit101112139$3.5B in 2025+70% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $2.0B$2.0B20192020: $1.8B$1.8B2020−11%2021: $2.0B$2.0B2021+8%2022: $2.1B$2.1B2022+6%2023: $2.7B$2.7B2023+30%2024: $3.2B$3.2B2024+18%2025: $3.5B$3.5B2025+8%
Operating income101112139$1.2B in 2025+152% since 2019
0$500.0M$1.0B$1.5B2019: $486.0M$486.0M20192020: $367.0M$367.0M2020−24%2021: $585.0M$585.0M2021+59%2022: $622.0M$622.0M2022+6%2023: $652.0M$652.0M2023+5%2024: $1.0B$1.0B2024+55%2025: $1.2B$1.2B2025+21%
Net income101112139$957.0M in 2025+139% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $401.0M$401.0M20192020: $254.0M$254.0M2020−37%2021: $427.0M$427.0M2021+68%2022: $355.0M$355.0M2022−17%2023: $609.0M$609.0M2023+72%2024: $890.0M$890.0M2024+46%2025: $957.0M$957.0M2025+8%

Every line of the income statement as filed: the last 3 fiscal years, latest first.9

Period ending2025-12-312024-12-312023-12-31
Revenue$9.0B$8.6B$7.4B
Cost of revenue$5.6B$5.3B$4.6B
Gross profit$3.5B$3.2B$2.7B
Selling, general and administrative expenses$1.9B$1.9B$1.8B
Research and development expenses$226.0M$230.0M$232.0M
Restructuring and asset impairment charges$103.0M$62.0M$76.0M
Operating income$1.2B$1.0B$652.0M
Interest expense-$29.0M-$44.0M-$49.0M
Gain on remeasurement of previously held equity interest$0$152.0M$0
Other non-operating income, net$18.0M$16.0M$33.0M
Loss on sale of businesses-$31.0M-$46.0M-$1.0M
Income before taxes$1.2B$1.1B$635.0M
Income tax expense-$231.0M-$197.0M-$26.0M
Net income$950.0M$890.0M$609.0M
Net loss attributable to non-controlling interests$7.0M$0$0
Net income attributable to Xylem$957.0M$890.0M$609.0M
Basic (in dollars per share)$3.93$3.67$2.81
Diluted (in dollars per share)$3.92$3.65$2.79
Basic (in shares)243.4M shares242.6M shares217.0M shares
Diluted (in shares)244.0M shares243.5M shares218.2M shares

Compare Xylem Inc. with another company

The story

On January 12, 2011, Xylem's parent, ITT Corporation announced its plan to separate the company into three, stand-alone publicly traded, independent companies". The future water company was named Xylem, pronounced zi-lem. (The name "Xylem", derived from classical Greek, is the tissue that transports water in plants.) It comprises three business units – Water Solutions, Analytics, and Applied Water Systems.

ITT Corporation spun off its defense businesses into a company named ITT Exelis, and retained its corporate name, logo and "Engineered for life" company tagline for its other activities.

In March 2014, Patrick Decker succeeded Steven R. Loranger as the CEO and president of Xylem. Loranger was chairman, president and CEO of ITT Corporation when it spun its water businesses off as Xylem in October 2011.

In May 2023, Xylem completed the acquisition of Evoqua Water Technologies, a provider of water and wastewater treatment solutions and services, in an all-stock transaction valued at $7.5 billion. The combined company becomes the world's largest pure-play water technology company. The structure's projected pro forma revenue is $7.3 billion, with a global workforce of more than 22,000 employees.

The company's revenue for 2023 totalled $7.4 billion, exceeding the reported basis by 33%. The company's net profit totalled $266 million, with a net profit margin of 12.6%.

In May 2024, Xylem, in partnership with the German city of Weissenburg and the Technical University of Munich, launched a revolutionary water-related initiative, Reuse Brew. This is a traditional German pale lager beer made from recycled wastewater. This process, utilizing technology developed by Xylem, involves ozone injection, ultraviolet radiation, hydrogen peroxide pellets, and filtration through carbon and nano filters.

From Wikipedia’s article on Xylem Inc., shared under CC BY-SA 4.0.7

Leadership

Who has led Xylem Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (52)

Products and brands

Flygt

Flygt is a manufacturer of dry and submersible pumps, submersible mixers and related intelligent control systems. Product development and manufacturing of Flygt products are based in Sweden.

History

In 1901, Per Alfred Stenberg established a foundry in the small town of Emmaboda in southern Sweden. One of the main products was molds for the glass industry. Per Alfred transferred ownership of the company to his sons. In 1922, Hilding Flygt set up a pump and fan sales company in Stockholm. Through a newspaper advertisement the two companies are brought into contact with one another in 1929, and led to the Stenberg brothers beginning to produce Flygt pumps in Emmaboda.

Sixten Englesson, chief engineer, invented the first submersible drainage pump in 1947 and the first submersible sewage pump in 1956. In 1968, the Stenberg family sold the company to ITT Corporation. During the 1970s, the product range was expanded with mixers and other products.

Goulds Water Technology

Goulds Water Technology is an American manufacturer of water pumps. Incorporated in the 19th century, Goulds Water is a brand of Xylem Inc.

Read the full text

History

The corporate history of Goulds Pumps began in Seneca Falls, New York in 1848, when Seabury S. Gould purchased the interests of Edward Mynderse and H.C. Silsby in Downs, Mynderse & Co., a pump making business which had started up in 1840. The company, known as Downs & Company until 1869, cast and assembled the world's first all-metal pump in 1849.

In 1869, the Goulds name was added, and the company became known as Goulds Manufacturing Company. The Gould family ran the operation from 1872 until 1964, renaming the company Goulds Pumps Incorporated in 1926.

In the 1960s, Goulds expanded by adding acquisitions of companies in California, Texas, Pennsylvania and New York. The company expanded under a joint operational agreement into China, Singapore and Korea. By the 1990s, Goulds expanded into Austria, Italy, Mexico and Venezuela.

In 1997, Goulds Pumps was purchased by ITT Industries. Goulds and ITT served 130 nations combined. Goulds Pumps was a subsidiary with its own name under ITT. Goulds Pumps management moved back to Seneca Falls in 1998.

Branding under Xylem

On October 31, 2011, Xylem Inc. completed its spinoff from ITT Corporation, and had 2011 revenues of $3.8 billion. Goulds Water Technology is a brand of Xylem Inc. providing pumps for residential, commercial and agricultural applications and Goulds Pumps remains a part of ITT Corporation providing pump products for the industrial market.

Xylem comprises three business units – Water Solutions, Analytics, and Applied Water Systems. These three units are interconnected, anticipating and reflecting evolving needs and sharing their applications expertise to cover every stage of the water cycle. The Goulds Water technology brand is part of the Applied Water Systems business unit that manufactures centrifugal and turbine pumps, controllers, variable frequency drives, and accessories for agricultural, building trades, commercial and light industrial water and products for wastewater applications.

HYPACK

HYPACK, a leading producer of hydrographic data acquisition and processing software, was acquired by Xylem in November, 2015.

YSI

YSI, a Xylem brand, is a developer and manufacturer of sensors, instruments, software, and data collection platforms for environmental water quality monitoring and testing.

Corporate history

The company reaches back to 1948 when a three-man partnership was forged at Antioch College in Yellow Springs, Ohio, US. This village, between Dayton and Columbus, still serves as the headquarters for what started as the Yellow Springs Instrument Company, and later became YSI Inc.

In 1985, Malte von Matthiessen succeeded Hardy Trolander as president. In 1999 Rick Omlor became president and COO, and in 2002 he became CEO when von Matthiessen retired. In 2011 Ron Geis was appointed new general manager of YSI; former CEO Rick Omlor continued as executive advisor.

In 2011 YSI merged with Analytics division of ITT Corp. to form the water company Xylem.

Branches

The firm opened branches in the 1990s in Japan (YSI (Japan) Limited), and then one in Hong Kong (YSI (Hong Kong) Limited). In the 2000s, they opened an office in Qingdao, China, followed by ones in Beijing and in Bahrain. They opened a specialized branch in Shanghai (Asian Hydroacoustics Center). In 2006 they opened an office in Ireland, in 2009 in Australia. and in 2010 in Abu Dhabi. In the US, they opened a Gulf Coast sales and service office in Baton Rouge, Louisiana in 2003.

Acquisitions

The firm acquired various companies in the 1980s: Design Analysis Associates, Inc., a firm founded by William I. Fletcher; and acquired Endeco, a Marion, Massachusetts, oceanographic data collection and monitoring company. In the 1990s they acquired Victory Engineering Company, in Springfield, New Jersey, to complement the YSI temperature product line, and SonTek, a precision water velocity measurement company, founded in California; they also acquired controlling interests in Clandon Scientific in England. In the 2000s, they acquired Hydrodta UK, and acquired the environmental business from AMJ Equipment Corp and renamed the new environmental monitoring and services company AMJ Environmental in St. Petersburg, Florida. In 2009, Design Analysis Associates in Logan, Utah, a manufacturer of data loggers and radar level sensors was acquired.

Xylem announced that it would buy Sensus USA Inc., an advanced metering technology manufacturer, in August 2016. The acquisition was completed on October 31, 2016 for $1.7 billion.

Products

The company from the start introduced the first commercial product in many categories: In 1952, they introduced the first quartz crystal electronic stopwatch, and the first practical electronic thermometer. In 1956, first commercial heart-lung machine, in 1957, the first instantaneous blood-gas analyzer.

They continued development in their key area of temperature measurement. They produced the first interchangeable thermistor temperature probes in 1955, and developed it into a complete line of precision interchangeable thermistors in 1961, and in 1965 developed the first linear thermistor temperature sensor, which Industrial Research magazine recognized as one of the 100 most significant new technological products of the year. In other analytical instruments, they produced the first practical dissolved oxygen meter for field and laboratory use in 1965, which the same magazine recognized as yet another of the most significant technological products of the year.

Their oxygen meter had used the technique of polarography, and they developed further products on the same principle, including the first immobilized-enzyme-activated polarographic sensor in 1972. They then developed further biomedical instrumentation: the first commercially successful whole blood glucose analyzer in 1975, the first commercial alcohol measurement instrument using immobilized enzyme electrode technology in 1982. They continued using immobilized enzyme techniques, for the first direct whole-blood L-lactate assays using immobilized enzyme electrode also in 1982. They also continued developing thermal technology, with the first commercial gallium melting-point temperature standard (29.7715 °C) in 1977 and the first robotic-manufactured glass-encapsulated precision thermistors in 1996.

They produced their first environmental monitoring instrument, a dissolved oxygen sensor, in 1992. They then developed instrumentation for conductivity measurement of ultrapure water in 1996, and the first accurate commercial fiber-optic based CO2 measurement system, in 1998.

Beginning in the late 1990s, they began producing analytical software and integrated analytical instrumentation: BOD Analyst(TM), software that automates BOD testing. They also began developing integrated analytical systems: the YSI 600 QS Quick Sample multiparameter spot sampling system, the YSI 5200 Recirculating System Monitor, and the YSI 7100 Multiparameter Bioanalytical System (MBS).

Charitable

In the spring of 2015, Gulf Specimen Marine Laboratory, a small nonprofit educational and scientific marine supply company, raised over $72,000 in a social media campaign to replace their ancient and failing Wedeco ozonator system for water purification required in their aquarium. Xylem Inc provided their new ozonator system "at cost", with full engineering support and installation allowing GSML to have the new system with the funds they had raised.

From Wikipedia’s article on Xylem Inc., shared under CC BY-SA 4.0.7

Employees over time

  • 202217,8001

Former names

  • ITT WCO, Inc.Jul 11, 2011 to Jul 11, 20116

Timeline

  1. Jan 2024New chief executive Matthew Pine becomes CEO1
  2. Mar 2014New chief executive Patrick Decker becomes CEO1
  3. Sep 9, 2013New chief executive Steven Loranger becomes CEO1
  4. Nov 1, 2011Went public Listed on NYSE1
  5. Nov 1, 2011New chief executive Gretchen W. McClain becomes CEO1
  6. 2011Founded Founded1

Filings

423 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 47 major events, 234 insider forms, 13 large holders, 109 other. The latest 20:

  1. Oct 9, 20264/A PRIMARY DOCUMENT EDGAR
  2. Oct 1, 20264 PRIMARY DOCUMENT EDGAR
  3. Sep 29, 20268-K EDGAR
  4. Sep 17, 2026424B5 EDGAR
  5. Sep 15, 2026FWP EDGAR
  6. Sep 15, 2026424B5 EDGAR
  7. Sep 9, 20268-K EDGAR
  8. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  9. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  10. Sep 1, 20264 PRIMARY DOCUMENT EDGAR
  11. Sep 1, 20263 PRIMARY DOCUMENT EDGAR
  12. Aug 18, 20268-K EDGAR
  13. Aug 14, 20264 PRIMARY DOCUMENT EDGAR
  14. Aug 13, 20268-K EDGAR
  15. Aug 13, 20263 PRIMARY DOCUMENT EDGAR
  16. Aug 3, 2026S-3ASR EDGAR
  17. Jul 30, 2026144 EDGAR
  18. Jul 28, 202610-Q EDGAR
  19. Jul 28, 20268-K EDGAR
  20. Jul 1, 20263 PRIMARY DOCUMENT EDGAR

The 423 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 13 such filings since October 2021, the latest 10:

  1. Apr 30, 2026SCHEDULE 13G
  2. Apr 29, 2026SCHEDULE 13G
  3. Mar 27, 2026SCHEDULE 13G/A
  4. Feb 14, 2024SC 13G/A
  5. Feb 13, 2024SC 13G/A
  6. Jan 24, 2024SC 13G/A
  7. Feb 14, 2023SC 13G/A
  8. Feb 9, 2023SC 13G/A
  9. Jan 24, 2023SC 13G/A
  10. Feb 14, 2022SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.25,037,896$3.0B0.0%−615,921
Vanguard Capital Management LLC15,533,420$1.8B0.0%−283,508
Vanguard Portfolio Management LLC12,618,888$1.5B0.1%−152,341
State Street Corp11,444,669$1.4B0.0%+270,972
Geode Capital Management, LLC6,347,784$747.4M0.0%−61,719
Amundi5,105,298$603.6M0.1%−123,627
Invesco Ltd.5,102,044$603.1M0.0%+1,318,789
Bank of New York Mellon Corp4,672,304$552.3M0.1%+3,489,844
Royal Bank Of Canada4,605,175$544.4M0.1%−158,066
Impax Asset Management Group plc4,468,984$528.3M3.4%−116,564
Morgan Stanley4,312,757$509.8M0.0%+5,590
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC4,274,761$505.3M0.1%+440,210
Pictet Asset Management Holding SA4,039,771$477.5M0.5%−295,023
Swedbank AB3,960,515$468.2M0.4%−1,566,210
Northern Trust Corp3,295,215$389.5M0.0%−92,046
Hsbc Holdings PLC2,705,479$319.8M0.2%+234,222
Norges Bank2,544,452$300.8M0.0%New
Goldman Sachs Group Inc2,352,715$278.1M0.0%+410,066
Victory Capital Management Inc2,189,753$258.9M0.1%−516,719
Dimensional Fund Advisors LP2,123,834$251.0M0.0%+75,799
Franklin Resources Inc1,969,559$232.8M0.1%+227,427
Deutsche Bank Ag\1,887,867$223.2M0.1%+71,417
Bank Of America Corp /de/1,841,734$217.7M0.0%+111,992
Wells Fargo & Company/mn1,839,680$217.5M0.0%−143,248
Legal & General Group Plc1,728,792$204.4M0.0%−74,894

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Nov 30, 2022Susie LeeDemocratic, HouseSale$1,001 - $15,000+97.3%Report
Oct 19, 2020Susie LeeDemocratic, HousePartial sale$1,001 - $15,000+111.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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