Discontinued — last reported Q1 '23
Residential Building Services — Revenue from contracts with customers
Xylem Residential Building Services — Revenue from contracts with customers decreased by 2.8% to $70.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $73.00M to $70.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong demand in the residential construction or renovation sectors, while a decrease may indicate a slowdown in housing starts or reduced consumer spending on home infrastructure.
Detailed definition
This metric represents the total revenue generated from the sale of water technology solutions, pumping systems, and rel...
Peer comparison
Peers in the building products or industrial water technology sectors typically report similar segment-level revenue to track exposure to residential versus commercial and utility end-markets.
xyl_segment_residential_building_services_revenue_from_contracts_with_customersHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $73.00M | $71.00M | $57.00M | $73.00M | $79.00M | $82.00M | $72.00M | $70.00M |
| QoQ Change | — | -2.7% | -19.7% | +28.1% | +8.2% | +3.8% | -12.2% | -2.8% |
| YoY Change | — | — | — | — | +8.2% | +15.5% | +26.3% | -4.1% |
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Frequently Asked Questions
- What is Xylem's residential building services — revenue from contracts with customers?
- Xylem (XYL) reported residential building services — revenue from contracts with customers of $70.00M in Q1 2023.
- How has Xylem's residential building services — revenue from contracts with customers changed year-over-year?
- Xylem's residential building services — revenue from contracts with customers decreased by 4.1% year-over-year, from $73.00M to $70.00M.
- What does residential building services — revenue from contracts with customers mean?
- Total revenue earned from providing water technology products and services to the residential housing market.