Xylem Inc.
Business
Xylem Inc. is a leading global water technology company that designs, manufactures and services engineered products and solutions addressing water scarcity, quality, resilience and affordability across the complete water cycle. The company offers a broad portfolio including water and wastewater pumps, treatment equipment, smart metering systems, analytics software, and comprehensive water and wastewater services. Xylem operates through four reportable segments—Water Infrastructure, Applied Water, Measurement and Control Solutions, and Water Solutions and Services—serving utilities, industrial customers, and municipalities across approximately 150 countries.
Summary from 10-K filed 2026-02-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue | 9,035 | 8,562 | 7,364 | 5,522 | 5,195 | |
| Cost of revenue | 5,560 | 5,350 | 4,647 | 3,438 | 3,220 | |
| Gross profit | 3,475 | 3,212 | 2,717 | 2,084 | 1,975 | |
| Selling, general and administrative expenses | 1,923 | 1,911 | 1,757 | 1,227 | 1,179 | |
| Research and development expenses | 226 | 230 | 232 | 206 | 204 | |
| Restructuring and asset impairment charges | 103 | 62 | 76 | 29 | 7 | |
| Operating income | 1,223 | 1,009 | 652 | 622 | 585 | |
| Interest expense | −29 | −44 | −49 | 50 | — | |
| Gain on remeasurement of previously held equity interest | 0 | 152 | 0 | 0 | — | |
| Other non-operating income, net | 18 | 16 | 33 | 7 | 0 | |
| Loss on sale of businesses | −31 | −46 | −1 | 1 | 2 | |
| Income before taxes | 1,181 | 1,087 | 635 | 440 | 511 | |
| Income tax expense | −231 | −197 | −26 | 85 | 84 | |
| Net income | 950 | 890 | 609 | 355 | 427 | |
| Net loss attributable to non-controlling interests | 7 | 0 | 0 | — | — | |
| Net income attributable to Xylem | 957 | 890 | 609 | — | — | |
| Basic (in dollars per share) | 3.93 | 3.67 | 2.81 | 1.97 | 2.37 | |
| Diluted (in dollars per share) | 3.92 | 3.65 | 2.79 | 1.96 | 2.35 | |
| Basic (in shares) | 243 | 243 | 217 | 180 | 180 | |
| Diluted (in shares) | 244 | 244 | 218 | 181 | 182 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,479 | 1,121 | 1,019 | 944 | 1,349 | |
| Receivables, less allowances for discounts, returns and credit losses of $68 and $59 in 2025 and 2024, respectively | 1,759 | 1,668 | 1,617 | 1,096 | 953 | |
| Inventories | 983 | 996 | 1,018 | 799 | 700 | |
| Prepaid and other current assets | 244 | 236 | 230 | 173 | 158 | |
| Assets held for sale | 176 | 77 | 0 | — | — | |
| Total current assets | 4,641 | 4,098 | 3,884 | 3,012 | 3,160 | |
| Property, plant and equipment, net | 1,159 | 1,152 | 1,169 | 630 | 644 | |
| Goodwill | 8,332 | 7,980 | 7,587 | 2,719 | 2,792 | |
| Other intangible assets, net | 2,272 | 2,379 | 2,529 | 930 | 1,016 | |
| Other non-current assets | 1,230 | 884 | 943 | 661 | 664 | |
| Total assets | 17,634 | 16,493 | 16,112 | 7,952 | 8,276 | |
| Accounts payable | 1,013 | 1,006 | 968 | 723 | 639 | |
| Accrued and other current liabilities | 1,237 | 1,271 | 1,221 | 867 | 752 | |
| Short-term borrowings and current maturities of long-term debt | 534 | 38 | 16 | 0 | 0 | |
| Liabilities held for sale | 72 | 21 | 0 | — | — | |
| Total current liabilities | 2,856 | 2,336 | 2,205 | 1,590 | 1,391 | |
| Long-term debt, net | 1,408 | 1,978 | 2,268 | 1,880 | 2,440 | |
| Accrued post-retirement benefit obligations | 317 | 304 | 344 | 286 | 438 | |
| Deferred income tax liabilities | 405 | 497 | 557 | 222 | 287 | |
| Other non-current accrued liabilities | 899 | 496 | 562 | 471 | 494 | |
| Total liabilities | 5,885 | 5,611 | 5,936 | 4,449 | 5,050 | |
| Commitment and Contingencies (Note 20) | — | — | — | — | — | |
| Redeemable non-controlling interest | 258 | 235 | 0 | — | — | |
| Authorized 750.0 shares, issued 259.9 and 259.2 shares in 2025 and 2024, respectively | 3 | 3 | 3 | 2 | 2 | |
| Capital in excess of par value | 8,759 | 8,687 | 8,564 | 2,134 | 2,089 | |
| Retained earnings | 3,706 | 3,140 | 2,601 | 2,292 | 2,154 | |
| Treasury stock at cost 16.3 shares and 16.2 shares in 2025 and 2024, respectively | −768 | −753 | −733 | −708 | −656 | |
| Accumulated other comprehensive loss | −220 | −435 | −269 | −226 | −371 | |
| Total stockholders equity | 11,480 | 10,642 | 10,166 | 3,494 | 3,218 | |
| Non-controlling interest | 11 | 5 | 10 | 9 | 8 | |
| Total equity | 11,491 | 10,647 | 10,176 | 3,503 | 3,226 | |
| Total liabilities, redeemable non-controlling interest, and stockholders equity | 17,634 | 16,493 | 16,112 | 7,952 | 8,276 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation | 267 | 258 | 193 | 111 | 118 | |
| Amortization | 308 | 304 | 243 | 125 | 127 | |
| Deferred income taxes | −35 | −36 | −79 | −64 | 10 | |
| Share-based compensation | 53 | 56 | 60 | 37 | 33 | |
| Restructuring and asset impairment charges | 103 | 62 | 76 | 29 | 7 | |
| Other, net | 5 | 4 | 0 | −4 | 8 | |
| Payments for restructuring | −82 | −32 | −30 | −11 | −25 | |
| Contributions to post-retirement benefit plans | −26 | −25 | −25 | −19 | −29 | |
| Changes in receivables | −55 | −107 | −87 | −192 | −70 | |
| Changes in inventories | 23 | −41 | 41 | −147 | −167 | |
| Changes in accounts payable | −22 | 64 | 22 | 117 | 81 | |
| Changes in accrued liabilities | −69 | 17 | −4 | 57 | 7 | |
| Changes in accrued and deferred taxes | 0 | 14 | −109 | 57 | −9 | |
| Changes in long term receivables | −146 | −37 | 1 | — | — | |
| Net changes in other assets and liabilities | −64 | −22 | −75 | 6 | 22 | |
| Net Cash Operating activities | 1,241 | 1,263 | 837 | 596 | 538 | |
| Capital expenditures | −331 | −321 | −271 | −208 | −208 | |
| Proceeds from the sale of property, plant and equipment | 17 | 4 | 1 | 4 | 3 | |
| Acquisitions of businesses, net of cash acquired | −163 | −193 | −476 | 0 | 0 | |
| Proceeds from sale of businesses, net of cash disposed | 49 | 11 | 105 | 1 | 10 | |
| Cash received from investments | 8 | 6 | 1 | 5 | 0 | |
| Cash paid for investments | −49 | −17 | −58 | −11 | 0 | |
| Cash received from interest rate swaps | 0 | 0 | 38 | 0 | 0 | |
| Cash received from cross-currency swaps | 35 | 29 | 28 | 28 | 14 | |
| Cash paid for asset acquisition | −37 | 0 | 0 | −10 | 0 | |
| Other, net | 0 | −1 | 4 | 3 | 3 | |
| Net Cash Investing activities | −471 | −482 | −628 | −191 | −183 | |
| Short-term debt issued, net | 1 | 0 | 0 | 0 | 0 | |
| Short-term debt repaid | 0 | −268 | 0 | 0 | 0 | |
| Long-term debt issued, net | 0 | 1 | 278 | 0 | 0 | |
| Long-term debt repaid, net | −82 | −17 | −160 | −527 | −600 | |
| Repurchase of common stock | −15 | −20 | −25 | −52 | −68 | |
| Proceeds from exercise of employee stock options | 20 | 67 | 62 | 8 | 19 | |
| Dividends paid | −391 | −350 | −299 | −217 | −203 | |
| Other, net | −34 | −28 | −13 | −2 | −3 | |
| Net Cash Financing activities | −501 | −615 | −157 | −790 | −855 | |
| Effect of exchange rate changes on cash | 90 | −53 | 23 | −20 | −26 | |
| Increase in cash classified within assets held for sale | −12 | −11 | 0 | — | — | |
| Decrease in cash classified within assets held for sale | 11 | 0 | 0 | — | — | |
| Cash classified within assets held for sale | −1 | −11 | 0 | 0 | — | |
| Net change in cash and cash equivalents | 358 | 102 | 75 | −405 | −526 | |
| Interest | 61 | 67 | 69 | 76 | 99 | |
| Income taxes (net of refunds received) | 267 | 219 | 211 | 91 | 83 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Xylem Inc.'s CIK number?
Xylem Inc.'s SEC CIK number is 0001524472 (1524472). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Xylem Inc.'s SEC filings?
All of Xylem Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Xylem Inc. last report earnings?
Xylem Inc. (XYL) most recently filed an earnings 8-K with the SEC on Apr 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001524472-26-000065). This is Xylem Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Xylem Inc.'s most recent earnings 8-K?
Xylem Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 28, 2026 under accession 0001524472-26-000065. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Xylem Inc.'s latest earnings 8-K →
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