Latest revenue
$2.13B
as of 2026-03-31
Latest net income
$193.0M
as of 2026-03-31
Net margin
9.1%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $26.21B
- Enterprise value
- $27.34B
- P/E (trailing)
- 27.4×
- Forward P/E
- —
- P/B
- 2.39×
- Dividend yield
- 1.5%
- 52-wk high
- $154.27
- 52-wk low
- $105.29
- Beta
- —
- Shares out
- 237.7M
5-year trend
What this company does
Xylem designs and sells pumps, treatment systems, smart meters, and analytics for moving, treating, and measuring water across utilities, industry, and buildings. Roughly 83% of revenue comes from selling water and wastewater equipment, with the balance from related services across four segments spanning the full water cycle. Q1 2026 revenue grew 3% to $2.13 billion with operating income up 6%, while management aggressively returned cash via $563 million in buybacks and carries assets held for sale signaling continued portfolio pruning.
Generated from XYL's filing dated 2026-02-25
Key risks
- Cash dropped $671M in Q1 to $808M, driven by $563M in buybacks (vs $13M prior year) plus $106M dividends, outpacing $108M operating cash flow.
- Goodwill and intangibles total $10.5B — 62% of $17.0B assets — leaving equity vulnerable to impairment if water-infrastructure demand softens.
- Restructuring charges rose to $31M (vs $21M) with $37M cash payments, signaling ongoing integration costs from the Evoqua merger weighing on margins.
Generated from XYL's filing dated 2026-02-25
Profitability
Gross margin
38.5%
2.5%Operating margin
13.5%
14.9%Net margin
10.6%
1.9%Return on equity
8.3%
0.3%Return on assets
5.4%
0.6%Leverage
Debt / equity
0.54×
2.5%Long-term debt / equity
0.12×
34.0%Debt / assets
34.9%
1.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $2.13B | +2.7% | $193.0M | +14.2% | 9.1% |
Q4 2025 2025-12-31 | $2.40B | +6.3% | $335.0M | +2.8% | 14.0% |
Q3 2025 2025-09-30 | $2.27B | +7.8% | $227.0M | +4.6% | 10.0% |
Q2 2025 2025-06-30 | $2.30B | +6.1% | $226.0M | +16.5% | 9.8% |
Q1 2025 2025-03-31 | $2.07B | +1.8% | $169.0M | +10.5% | 8.2% |
Q4 2024 2024-12-31 | $2.26B | — | $326.0M | — | 14.5% |
Q3 2024 2024-09-30 | $2.10B | +1.3% | $217.0M | — | 10.3% |
Q2 2024 2024-06-30 | $2.17B | +26.0% | $194.0M | — | 8.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Pumps & Pumping Equipment · SIC 3561
Your notes
Keep private notes on XYL — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$141.1K
Insider selling
$3.4M
Net activity
−$3.3M
Distinct insiders
5
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-05-07 | Geri-Michelle Mcshane SVP, CAO | Sale | 4,269 | $117.46 | $501.4K | |
| 2026-05-04 | Jerome A Peribere Director | Purchase | 1,210 | $116.61 | $141.1K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns XYL
Institutional value
$11.86B
Total shares held
104.2M
Distinct holders
686
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 15.8M | $1.89B | — | New |
| 2 | VANGUARD PORTFOLIO MANAGEMENT LLC | 12.8M | $1.53B | — | New |
| 3 | Swedbank AB | 5.5M | $660.4M | — | New |
| 4 | Impax Asset Management Group plc | 4.6M | $548.0M | — | New |
| 5 | Pictet Asset Management Holding SA | 4.3M | $518.0M | — | New |
| 6 | Invesco Ltd. | 3.8M | $452.1M | — | New |
| 7 | HSBC HOLDINGS PLC | 2.5M | $295.2M | — | New |
| 8 | DIMENSIONAL FUND ADVISORS LP | 2.0M | $244.7M | — | New |
| 9 | WELLS FARGO & COMPANY/MN | 2.0M | $237.0M | — | New |
| 10 | DEUTSCHE BANK AG\ | 1.8M | $217.1M | — | New |
| 11 | Mirova US LLC | 1.8M | $216.0M | — | New |
| 12 | Legal & General Group Plc | 1.8M | $215.5M | — | New |
| 13 | ABN AMRO Bank N.V. | 1.5M | $182.0M | — | New |
| 14 | VANGUARD FIDUCIARY TRUST CO | 1.4M | $163.8M | — | New |
| 15 | Bank of New York Mellon Corp | 1.2M | $141.3M | — | New |
| 16 | UBS Group AG | 1.1M | $128.5M | — | New |
| 17 | Candriam S.C.A. | 974.9K | $116.5M | — | New |
| 18 | Nuveen, LLC | 970.4K | $116.0M | — | New |
| 19 | KING LUTHER CAPITAL MANAGEMENT CORP | 959.1K | $114.6M | — | New |
| 20 | Russell Investments Group, Ltd. | 833.2K | $98.3M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Revenue grew only 2.7% YoY to $2.13B while restructuring charges jumped 48% to $31M—when does this restructuring program end and what's the targeted run-rate savings?
- 2
You burned $671M of cash this quarter, including $563M in buybacks versus just $108M operating cash flow—how do you justify that pace with $1.94B of debt outstanding?
- 3
Assets held for sale rose to $192M and you booked a $4M gain on divestitures—which segment is being exited and what revenue/margin contribution is leaving?
Refreshed when XYL files a new report · last from 2026-02-25