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Xylem XYL Gross margin

Gross margin at other companies

Pentair logo
PentairPNR
40.9%+1.4pp
Danaher logo
DanaherDHR
58.9%-0.8pp
Veralto logo
VeraltoVLTO
59.9%-0.1pp
Hubbell logo
HubbellHUBB
35.5%+1.2pp
Ecolab logo
EcolabECL
44.3%+0.6pp
Wesco International logo
Wesco InternationalWCC
21.2%-0.4pp

Other financials

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

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Market cap$26.48B-0.9%
Enterprise value$28.27B+1.4%
P/E27×-2.5×
P/S2.9×-0.2×

Profitability

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Operating margin13.6%+1.6pp
Net margin10.8%+0.3pp

Returns & leverage

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

Where this comes from

Calculated from Xylem’s reported figures.

Based on trailing twelve months.

The official record: Xylem’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Xylem's gross margin?
Xylem (XYL) reported gross margin of 38.6% in Q1 2026.
How has Xylem's gross margin changed year-over-year?
Xylem's gross margin increased by 2.8% year-over-year, from 37.5% to 38.6%.
What is the long-term trend for Xylem's gross margin?
Over 5 years (2020 to 2025), Xylem's gross margin has grown at a 0.5% compound annual growth rate (CAGR), from 37.5% to 38.5%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.