XYLNYSEPumps & Pumping EquipmentFiscal year ends December 31
Xylem Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$103.53−0.52 (-0.50%)
Close on Oct 19, 2026
- Market cap
- $24.49B
- P/E (TTM)
- 24.6
- Dividend yield
- 1.55%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
38.5%+0.9 pts over 5 years
Operating margin
13.5%+6.0 pts over 5 years
Net margin
10.6%+5.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.5% | +17.8% | +13.1% | +9.5% | |
| Gross profit | +8.2% | +18.6% | +13.7% | +9.5% | |
| Operating income | +21.2% | +25.3% | +27.2% | +10.5% | |
| Net income | +7.5% | +39.2% | +30.4% | +10.9% | |
| EPS, diluted | +7.4% | +26.0% | +22.9% | +7.7% | |
| Free cash flow | -3.4% | +32.9% | +7.3% | +10.1% | |
| Dividend per share | +11.1% | +10.1% | +9.0% | +11.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 12.2% | 8.6% | 8.7% | |
| Return on assets | 4.7% | 3.1% | 5.6% | |
| Current ratio | 1.49 | 1.80 | 1.63 | |
| Debt to equity | 1.08 | 1.04 | 0.17 | |
| Net debt to EBITDA | 3.69× | 1.96× | 0.26× | |
| Interest coverage | 5.8× | 4.8× | 42.2× | |
| Inventory turnover | 4.8× | 5.6× | 5.6× | |
| Capex to revenue | 3.3% | 3.8% | 3.7% | |
| Diluted shares | 180M | 181M | 244M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Xylem generated $4.48B from operations and spent $2.98B on capital expenditure, dividends and share buybacks. 45% of that went back into the business.
Generated
$4.48B
Used
$2.98B
Capital expenditure$1.34B45%Dividends$1.46B49%Share buybacks$180.00M6%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin10.6%
×Asset turnover0.53×
×Equity multiplier1.54×
=Return on equity, FY20258.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 10.6% | 0.53× | 1.54× | 8.7% |
| FY2024 | 10.4% | 0.53× | 1.57× | 8.6% |
| FY2023 | 8.3% | 0.61× | 1.76× | 8.9% |
| FY2022 | 6.4% | 0.68× | 2.42× | 10.6% |
| FY2021 | 8.2% | 0.61× | 2.75× | 13.8% |
| FY2020 | 5.2% | 0.59× | 2.78× | 8.6% |
| FY2019 | 7.6% | 0.70× | 2.61× | 14.0% |
| FY2018 | 10.5% | 0.74× | 2.67× | 20.8% |
| FY2017 | 7.0% | 0.71× | 2.84× | 14.1% |
| FY2016 | 6.9% | 0.68× | 2.60× | 12.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$957.00M
- Cash generatingOperating cash flow above zero$1.24B
- Return on assets improvedROA up on the prior year5.5% → 5.8%
- Earnings backed by cashOperating cash flow above net income$1.24B vs $957.00M
- Less leverageLong-term debt to assets fell12.0% → 8.0%
- Better liquidityCurrent ratio rose1.75 → 1.63
- No dilutionShare count did not rise244M → 244M
- Gross margin improvedGross margin up on the prior year37.51% → 38.46%
- More efficientAsset turnover rose0.53 → 0.55