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Xylem

XYL

Xylem is a leading global water technology provider that designs and manufactures engineered solutions for the entire water cycle.

Market cap
$28.2B-12.4%
Revenue$9.1B+5.7%
Net income$981.0M+8.3%
Free cash flow$966.0M+8.7%
EPS (diluted)$4.02+8.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 28, 2026 (In 2 weeks)
Revenue estimate$2.3B
EPS estimate$1.34

Financials

Q1 2026

Income statement

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Revenue$2.1B+2.7%
Gross profit$803.0M+4.6%
Operating income$244.0M+5.6%
Net income$193.0M+14.2%
EPS (diluted)$0.79+14.5%

Balance sheet

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Cash & equivalents$808.0M-23.7%
Total debt$2.6B+19.1%
Total equity$11.0B+1.4%
Total assets$17.0B+2.4%

Cash flow

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Operating cash flow$108.0M+227%
CapEx$90.0M+26.8%
Free cash flow$18.0M+147%

Valuation & ratios

Valuation

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Market cap$28.2B-12.4%
Enterprise value$29.98B-9.7%
P/E28.7×-5.6×
P/S3.1×-0.6×

Profitability

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Gross margin38.6%+1.1pp
Operating margin13.6%+1.6pp
Net margin10.8%+0.3pp
FCF margin10.6%+0.3pp

Returns & leverage

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Return on equity9%+0.4pp
Debt / equity0.2×0.0×
Current ratio1.5×-0.4×

Segments

By product

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Smart Metering and Other$417.0M+3.2%
Transport$368.0M+6.7%
Building Solutions$262.0M+6.1%
Capital and Other$250.0M-1.6%
Services$250.0M+3.3%

By geography

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Western Europe$429.0M+4.6%
Emerging Markets$256.0M-6.6%
Other$171.0M

By segment

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Measurement and Control Solutions$508.0M

Competitors

Profile

Xylem is a leading global water technology provider that designs and manufactures engineered solutions for the entire water cycle. The company addresses critical challenges related to water scarcity, resilience, and quality through a portfolio of products for water transport, treatment, and smart measurement. Its value proposition centers on improving water affordability and infrastructure efficiency for utility, industrial, and commercial customers worldwide.

Competitive position

A global leader in the fragmented water technology market with a massive installed base and a unique portfolio spanning the entire water cycle.

GeographiesUnited States, Western Europe, Asia Pacific, Latin America, Middle East, Africa
Customer segmentsMunicipal Utilities, Industrial Enterprises, Commercial Real Estate, Residential
Business modelManufacturing, Managed Services, Equipment Rental, Software-as-a-Service (SaaS)
SuppliersMotor manufacturers, Semiconductor suppliers, Steel and copper commodity markets, Electronic component fabricators, Foundries and casting providers
CustomersMunicipal water and wastewater utilities, Engineering, Procurement and Construction (EPC) firms, Industrial manufacturers, Agricultural operations, Commercial building owners
Listed2011
Employees23.0K
CEOMatthew Francis Pine
Websitexylem.com
FilingsSEC EDGAR

Questions, answered.

What is Xylem's market cap?
Xylem (XYL) has a market capitalization of $28.2B and trades on NYSE.
What is Xylem's revenue and profitability?
Xylem generated $9.1B in trailing twelve-month revenue with net income of $981.0M, representing a net margin of 10.8%. Gross margin stands at 38.6%, with free cash flow of $966.0M. These figures are based on the Q1 2026 filing.
Who are Xylem's competitors?
Xylem's key competitors include Pentair, Badger Meter, Veralto Corporation, and others. These companies compete in similar markets and product categories.
Who does Xylem partner with?
Xylem's notable partners include Citibank, Goldman Sachs, CNote.
What subsidiaries does Xylem have?
Xylem's subsidiaries include Evoqua Water Technologies, Sensus.
Where is Xylem headquartered?
Xylem is headquartered in United States of America and employs approximately 23,000 people. It has been publicly traded since 2011.