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Xylem Inc.

Xylem Inc. is a leading global water technology company that designs, manufactures, and services engineered products and solutions for water and wastewater utilities, industrial applications, commercial buildings, agriculture, and residential settings. Founded in 2011 as a spin-off from the water-related businesses of ITT Corporation, Xylem is headquartered at 301 Water Street SE in Washington, D.C., and employs approximately 23,000 people across more than 150 countries. The company operates through four main segments: Water Infrastructure, which provides treatment and testing products; Applied Water, focusing on transport, treatment, and testing solutions; Measurement and Control Solutions, offering advanced analytics and smart metering; and Water Solutions and Services (following the 2023 acquisition of Evoqua Water Technologies), offering integrated treatment systems, services, and solutions for water and wastewater. In 2024, Xylem generated $8.6 billion in revenue, with forecasts for 2025 projecting approximately $9.0 billion (as of third quarter 2025), driven by innovations in sustainable water management and resource optimization. Xylem's portfolio includes pumps, filtration systems, smart meters, valves, and digital monitoring technologies, aimed at addressing global water challenges such as conservation, , and against climate impacts. The company emphasizes , collaborating with utilities, industries, and communities to build a water-secure , and has grown through strategic acquisitions like Evoqua to enhance its capabilities in and .

Company Overview

Founding and Operations

Xylem Inc. was established through a from Corporation, completed on October 31, 2011, which separated ITT's water-related businesses into an independent entity focused on water technology solutions. The company began trading on the under the ticker symbol XYL immediately following the spin-off, marking its debut as a standalone with initial revenues of $3.8 billion. Headquartered at 301 Water Street SE in , following a relocation from , in 2022, Xylem employs approximately 23,000 people worldwide as of December 31, 2024. The company maintains global operations across more than 150 countries, with facilities, offices, and centers supporting its international footprint. Xylem's core mission centers on providing advanced technologies that enable the transport, treatment, testing, and efficient use of to tackle pressing global challenges such as and . As a leader in sustainable water management, holds a prominent market position, debuting at #486 on the Fortune 500 list in 2024 with reported revenues of $7.36 billion for the prior year. Its operations emphasize innovation in water infrastructure, applied systems, and analytics to promote and on a global scale.

Business Segments

Xylem Inc. operates through four primary reportable business segments: Water Infrastructure, Applied Water, Measurement and Control Solutions, and Water Solutions and Services, reflecting a realignment effective January 1, 2024, to enhance integration following the Evoqua acquisition. These segments collectively address key aspects of water management, from collection and distribution to treatment, monitoring, and ongoing services, supporting utilities, industries, and communities worldwide. In 2024, the segments generated total revenue of $8,562 million, with Water Solutions and Services contributing approximately 27% ($2,343 million), Water Infrastructure 30% ($2,555 million), Measurement and Control Solutions 22% ($1,871 million), and Applied Water 21% ($1,793 million). The Water Infrastructure segment focuses on the transport and treatment of water and wastewater, providing solutions for collection, distribution, and purification processes primarily to public utilities and industrial customers. It encompasses pump systems for moving water through networks and treatment technologies to ensure compliance with environmental standards, addressing challenges such as aging infrastructure and increasing demand for reliable supply. This segment generated $2,555 million in revenue in 2024, split between transport (59%) and treatment (41%) activities. The Applied Water segment delivers solutions for efficient water usage in residential, commercial, agricultural, and settings, emphasizing pressure boosting, circulation, and systems to optimize . It serves building operators, farmers, and manufacturers by enabling sustainable handling in diverse applications, such as and HVAC systems, to mitigate waste and support energy-efficient operations. Revenue for this segment reached $1,793 million in , with building solutions accounting for 56% and water for 44%. The Measurement and Control Solutions segment specializes in technologies for monitoring, measuring, and analyzing , flow, and usage, integrating smart metering and data to provide actionable insights for and . It supports utilities and industries in detecting contaminants, managing resources, and complying with regulations through advanced sensors and software, helping to combat and . This segment reported $1,871 million in 2024 revenue, predominantly from smart metering (81%) and (19%). The Water Solutions and Services segment offers comprehensive services including maintenance, , and capital projects for water management, combining equipment deployment with ongoing support to ensure long-term system reliability. Formed by integrating Evoqua's services with Xylem's and assessment capabilities, it targets utilities and industries facing complex challenges, providing outsourced solutions that reduce operational burdens. totaled $2,343 million in 2024, with capital projects and other services comprising 58% and ongoing services 42%. Across segments, inter-segment revenues are minimal, as they primarily serve external customers, though shared resources like facilitate synergies in addressing global issues such as , , and impacts. For instance, from and Solutions enhances treatment processes in Water Infrastructure, contributing to holistic solutions for sustainable cycles. Major brands like Flygt operate within these segments to deliver integrated offerings. In recent financial performance, all segments showed growth, with Water Solutions and Services leading in orders due to service demand.

History

Spin-off from ITT

Prior to the spin-off, ITT Corporation's water-related businesses, which encompassed pumps, treatment systems, and related technologies from acquisitions such as Flygt in 1968 and Goulds Water Technology in 1997, generated approximately $3.7 billion in revenue in 2010, representing about one-third of ITT's total $11 billion annual revenue. These operations focused on residential, commercial, municipal, and industrial water applications, forming a significant but diversified segment within ITT's broader portfolio that included defense and industrial products. On January 12, 2011, announced its plan to separate into three independent publicly traded companies through tax-free , with the water-related businesses forming a standalone entity to enable focused strategies and attract sector-specific investors amid ITT's diversification into and industrial segments. The was approved by ITT's board in September 2011 and completed on October 31, 2011, when all shares of the new company were distributed to ITT shareholders on a one-for-one basis with their existing ITT holdings. emerged as an independent listed on the under the ticker XYL, initially valued at approximately $3.2 billion in enterprise value. Gretchen McClain, previously ITT's president of the Fluid Technology business, was appointed as Xylem's inaugural president and CEO, leading the company from its headquarters in White Plains, New York. The separation allowed Xylem to prioritize growth in the global water technology sector, addressing challenges like water scarcity and infrastructure needs, while ITT refocused on its remaining industrial operations.

Growth and Key Milestones

Following its in 2011, Xylem Inc. experienced steady growth driven by strategic leadership and operational expansions. In March 2014, Patrick K. Decker was appointed as President and , succeeding Gretchen McClain, and joined the effective March 17. Under Decker's tenure, which lasted until December 2023, the company emphasized and initiatives to enhance water management solutions globally. In January 2024, Matthew Pine, previously , succeeded Decker as president and . Xylem pursued market expansion into emerging regions during the mid-2010s, including strengthened presence in the through increased investments in local operations and demand growth in countries like . This contributed to revenue increases, with the company reporting adjusted operating margins expanding by 60 basis points to 15.3% in its full-year 2016 results. By 2021, Xylem committed to science-based targets aligned with a 1.5°C reduction scenario, aiming to cut by 45% by 2030 and achieve across its by 2050. This milestone, formalized in 2022, positioned the company as a leader in within the water technology sector. In response to escalating global water crises, such as droughts and scarcity in urban areas, Xylem advanced innovative solutions and advocacy efforts. The company collaborated on drought-mitigation technologies, including recycling applications, and urged policymakers to accelerate their adoption to build resilience. Through initiatives like the Watermark program, it supported communities facing challenges, including relief efforts in regions like and , with employees volunteering over 183,000 hours toward global solutions in 2023. Key product innovations highlighted Xylem's commitment to awareness and . In May 2024, launched "Reuse Brew," a brewed from high-quality treated in partnership with Bavarian collaborators, to demonstrate the safety and potential of water recycling amid Europe's challenges. This initiative aimed to shift public perceptions and promote broader adoption of reuse technologies. Xylem's growth trajectory earned it recognition as a company in 2024, ranking at No. 486 with reported revenue of $7.36 billion, reflecting its expanding scale in water infrastructure and analytics. The company's headquarters relocation to Washington, D.C., in 2022 further supported its strategic positioning for U.S. government and international engagements. In September 2025, formed a significant partnership with to deploy smart water management technologies in and , utilizing the Vue platform to reduce losses and conserve over 1.3 billion liters annually. This collaboration underscored 's role in addressing urban through data-driven innovations.

Major Acquisitions

Xylem Inc. has pursued an aggressive acquisition strategy since its 2011 spin-off, completing 13 acquisitions by 2025 to expand its capabilities in and technologies. These deals have focused on enhancing smart infrastructure, advanced treatment solutions, and digital analytics, with five acquisitions targeting wastewater technologies and another five emphasizing tech. This approach has contributed to the company's projected of approximately $9.0 billion in 2025. One of the most significant acquisitions was Evoqua Water Technologies in May 2023 for $7.5 billion in an all-stock transaction, which positioned Xylem as the world's largest pure-play by adding comprehensive advanced treatment technologies and digital services for municipal and industrial applications. The integration of Evoqua into Xylem's Water Solutions segment has broadened its end-to-end offerings in and , enabling enhanced and efficiency for global customers. In January 2018, Xylem acquired Pure Technologies for approximately $397 million, bolstering its smart monitoring capabilities with Pure's acoustic and fiber-optic technologies for pipeline assessment and . This acquisition strengthened Xylem's portfolio by integrating Pure's data-driven solutions into its and control systems, improving for utilities worldwide. Xylem expanded its hydrographic software offerings in November 2015 with the $18 million acquisition of HYPACK, a provider of survey , processing, and visualization tools used in and projects. The deal enhanced Xylem's segment by incorporating HYPACK's specialized software, supporting more precise resource mapping and planning. In late 2024, Xylem made two strategic investments to advance and regional capabilities: a majority stake in Idrica in December, a firm specializing in and AI-driven platforms, to empower utilities with intelligent, cloud-based solutions for optimization and . Shortly after, in December 2024, Xylem acquired Heusser Water Solutions AG for $40 million, its long-standing Swiss distributor, adding expertise in pumps, treatment systems, and local service networks to deepen penetration in the European industrial market. These recent moves align with Xylem's focus on and localized support, further integrating acquired brands like Evoqua into its broader .

Products and Services

Water Infrastructure Solutions

Xylem's Water Infrastructure Solutions segment provides essential technologies for the transport, treatment, and management of water and wastewater on a large scale, primarily serving utilities and industrial clients. Core offerings include submersible pumps, such as those from the Flygt brand, designed for reliable operation in challenging environments like wastewater transport and flood control. These pumps handle high-volume flows in sewage treatment facilities, ensuring efficient solids handling and minimal downtime. Mixers and aerators support uniform distribution in treatment processes, preventing sedimentation in large basins. Dewatering systems, including portable and fixed installations, facilitate stormwater management and site drainage during construction or emergencies, with models capable of handling abrasive slurries. Treatment technologies within this segment encompass advanced filtration systems that remove particulates and contaminants from sources, enabling clean water delivery to urban populations. Disinfection methods, including (UV) and systems, provide chemical-free inactivation without harmful byproducts, suitable for municipal-scale operations. Biological processes, such as and (MBR) systems, treat in through microbial degradation, supporting reuse in or industrial applications. These integrated solutions address the demands of high-throughput facilities, enhancing while complying with stringent environmental regulations. Applications of these solutions span municipal utilities, where they bolster resilience against variability by optimizing stations and plants to handle increased volumes. In the mining sector, robust and systems manage inflow and process water , reducing environmental impact in remote operations. For oil and gas, the technologies support handling and reinjection, with corrosion-resistant ensuring reliability in harsh and onshore environments. These deployments contribute to operational efficiency through optimized system designs. Innovations in this area include smart sensors integrated into networks for , enabling to detect anomalies like drops or before failures occur. The optimyze® platform uses data analytics to forecast equipment issues, extending asset life and minimizing unplanned outages in . These advancements promote proactive management, aligning with global goals by reducing water loss and enhancing system reliability.

Applied Water Systems

Xylem's Applied Water Systems segment provides a range of mechanical solutions designed for efficient distribution and usage in end-user applications, including residential, , and agricultural settings. The product portfolio features centrifugal pumps, boosters, and integrated controls tailored for , (HVAC) systems, as well as potable . These systems, often incorporating end-suction and vertical in-line centrifugal designs, ensure reliable performance across varying flow and requirements. Efficiency is a core focus, with features such as variable speed drives (VSDs) and advanced monitoring controls that optimize and minimize water loss. Variable frequency drives adjust speeds based on demand, reducing use by up to 50% in typical applications while extending equipment life. capabilities, integrated into control systems, enable early identification of inefficiencies in distribution networks, helping to conserve resources without disrupting operations. These solutions target diverse markets, including farming for precise to maximize crop yields with minimal water input, buildings for systems that maintain consistent pressure during emergencies, and industries for process cooling where reliable circulation prevents overheating in manufacturing operations. Brands like Goulds Water Technology contribute key offerings, such as the Ag-Flo series for agricultural pumping. In global adaptations, particularly for arid regions, emphasizes conservation-oriented designs that integrate low-flow pumps and smart controls to support sustainable water management amid scarcity. These adaptations help users in water-stressed areas, such as parts of the and , through optimized and .

Measurement and Analytics

Xylem Inc.'s Measurement and Analytics segment provides advanced instrumentation for monitoring parameters, enabling precise and analysis across various water management applications. This segment focuses on developing and deploying sensors, sondes, and associated software to measure critical indicators such as , , dissolved oxygen (DO), and contaminants, supporting informed decision-making in and . Key products in this segment include multiparameter sondes like the YSI EXO series, which integrate smart sensors for simultaneous measurement of , , DO, , and other parameters, designed for rugged, long-term deployments in aquatic environments. Dedicated sensors, such as the WTW SenTix pH electrodes and optical DO sensors like the SC-FDO 700, offer high-accuracy detection for specific parameters, while systems like the IQ Sensor Net enable scalable online monitoring of up to 20 points for , DO, and nutrient levels. For contaminant detection, analyzers such as the YSI 9220 TOC monitor and related pollutants in real-time, aiding in the identification of organic contaminants in source and treated water. These tools find applications in environmental compliance monitoring, where they ensure adherence to regulations in rivers, lakes, and coastal areas; , optimizing operations in and ; and scientific , providing reliable data for studies. For instance, sondes are deployed in to track DO and variations in natural bodies, supporting assessments and tracking. Digital integration enhances the segment's offerings through platforms like Xylem Vue, a cloud-based, vendor-agnostic system that aggregates data from sensors and sources for real-time analytics, predictive modeling, and AI-driven insights into trends. This enables automated alerts for anomalies, such as sudden shifts, and facilitates data-driven optimizations for resource efficiency. All instruments align with established standards for accuracy and reliability, including U.S. EPA methods like 180.1 for turbidity and 415.3 for TOC analysis, as well as international guidelines such as EN ISO 7027, ensuring compliance with regulatory requirements from bodies like the EPA and WHO for drinking water and wastewater monitoring.

Water Solutions and Services

Following the 2023 merger with Evoqua Water Technologies, Xylem's Water Solutions and Services segment offers comprehensive solutions for water treatment, including advanced filtration, disinfection, and digital services for utilities and industries. Key products encompass ion exchange systems, reverse osmosis membranes, and UV disinfection technologies from Evoqua, enabling high-purity water production and wastewater reuse. This segment also provides smart metering and analytics for optimized resource management, supporting sustainable practices in large-scale operations.

Brands and Subsidiaries

Flygt

Flygt, a flagship brand of Xylem Inc., specializes in pumps, mixers, and monitoring solutions for , , and applications, with a legacy of innovation in fully submerged pump technology. Established in 1901 in Lindås, , by Per Alfred Stenberg as a , the company evolved into a pioneer of electrical pumps, initially focusing on solutions for local industries. A key milestone came in 1947 when Flygt developed and launched the world's first electrical drainage pump, enabling reliable operation in harsh, submerged environments without the need for dry-pit installations or frequent manual intervention. This innovation addressed critical challenges in wastewater management, such as handling solids-laden fluids, and set the standard for modern submersible technology. In 1968, the Stenberg family sold Flygt to Corporation through a share swap, integrating it into a global conglomerate that expanded its reach beyond . Flygt's core product lineup includes the N-pump series, designed for and handling, featuring patented N-technology with adaptive, self-cleaning impellers that automatically adjust axially to pass large solids and prevent clogs, ensuring high and reduced maintenance. Complementing these are mixers, such as the 4200 series compact adaptive mixers, which provide precise control for biological processes in wastewater facilities by optimizing flow patterns and energy use. These products incorporate advanced motor technologies that enhance durability in abrasive conditions. Following Xylem's formation as a from in 2011, Flygt was seamlessly integrated into the company's Water Infrastructure segment, leveraging its expertise to support global urban water resilience and treatment infrastructure. Since 2015, Flygt has advanced smart monitoring capabilities, notably with the 2016 launch of the Concertor system—the world's first fully integrated intelligent pumping solution—that uses built-in sensors for real-time adaptation to operating conditions, reducing by up to 30% and extending equipment life. Today, Flygt operates manufacturing facilities in , centered in Emmaboda, , and in , including sites in and , to meet worldwide demand for its robust submersible solutions.

Goulds Water Technology

Goulds Water Technology traces its origins to 1848, when Seabury S. Gould acquired a pump-making business in , establishing a foundation in water pump manufacturing that has endured for over 170 years. The company expanded through the 19th and 20th centuries, becoming a prominent name in industrial and residential pumping solutions before its acquisition by Corporation in 1997 for $815 million, which integrated it into ITT's industrial process operations. In 2011, following ITT's of its water technology division, Goulds became a core brand within the newly formed Inc., marking a significant evolution while preserving its legacy in pump innovation. Under , Goulds Water Technology has maintained its identity to honor its , with products now featuring the Xylem affiliation to reflect its integration into a global water solutions leader. This approach allows the Goulds name to continue symbolizing reliability and heritage in the market, even as it benefits from Xylem's broader resources and technological advancements since the 2011 transition. The brand specializes in centrifugal and multi-stage pumps tailored for essential water management needs, including systems, pressure boosting in buildings, and for agricultural use. These pumps, available in configurations like horizontal and vertical designs, support applications from residential homes to large-scale commercial installations, emphasizing durability and performance in handling clean transfer. A key innovation from Goulds Water Technology is the e-SV series of vertical multi-stage pumps, developed to enhance in commercial settings such as HVAC systems and water circulation. These non-priming pumps couple with premium-efficient motors to reduce lifecycle costs and achieve up to 70% energy savings when paired with variable speed drives, addressing demands for sustainable and economical operation in modern infrastructure.

YSI

YSI, originally known as Yellow Springs Instrument Company, was founded in 1948 in , by engineers Hardy Trolander and John Benedict, along with chemist Dr. Montrose Moses, with an initial focus on developing precision instrumentation for scientific research. The company pioneered early tools, including the world's first practical dissolved oxygen meter in 1963, which revolutionized assessment. In September 2011, YSI was acquired by ITT Corporation for $310 million and subsequently integrated into the newly formed Xylem Inc. through ITT's spin-off of its water-related businesses, enhancing Xylem's measurement and analytics capabilities. YSI specializes in environmental monitoring instrumentation, offering a range of products designed for accurate measurement of water quality parameters such as , , dissolved oxygen, , , and nutrients including and . Key offerings include the series of multiparameter sondes, which support rugged, low-maintenance deployments in freshwater, coastal, and oceanic environments for continuous monitoring of up to six parameters simultaneously. Complementary products encompass data loggers like the ProSwap Logger for long-term autonomous recording and laboratory instruments such as the MultiLab series for benchtop analysis of and nutrient levels in controlled settings. Following its integration into in 2011, YSI expanded its oceanographic monitoring portfolio through product innovations and synergies with Xylem's broader analytics ecosystem, including the launch of the platform in 2012 for enhanced coastal and marine applications. While pre-2011 acquisitions like Endeco (1988) bolstered oceanographic capabilities, post-merger efforts focused on integrating advanced technologies to support global marine without specific smaller firm integrations noted for oceanographic tools. This expansion has enabled YSI to provide comprehensive solutions for estuaries, oceans, and , emphasizing durability in harsh conditions. YSI maintains its global headquarters in , with operational branches across the , (including offices in the and ), and Asia (such as in and ) to support regional distribution, service, and research collaborations. The company also engages in charitable initiatives through the YSI Foundation, established to promote ; its flagship "Minding the Planet" program, launched in 2006, has awarded funding and donated sensors to academic and nonprofit projects, such as supporting the University of Georgia's studies on land-derived nutrient impacts in coastal waters. These efforts underscore YSI's commitment to advancing research worldwide.

Evoqua Water Technologies

Evoqua Water Technologies was founded in as a carve-out from AG's technologies business, which was acquired by private equity firm and rebranded as Evoqua. Headquartered in , , the company specialized in mission-critical solutions prior to its acquisition. In May 2023, Xylem Inc. completed the acquisition of Evoqua in an all-stock transaction valued at approximately $7.5 billion, creating the world's largest pure-play technology company with combined of $7.3 billion in 2022. Evoqua's product portfolio focuses on advanced treatment technologies for industrial and municipal applications, including resins for contaminant removal, membranes for precise particle separation, and (UV) disinfection systems such as the ETS-UV™ family for chemical-free inactivation. These solutions address challenges in sectors like semiconductors, power generation, and supply, emphasizing reliability and environmental compliance. Following the acquisition, Evoqua's operations were integrated into Xylem's segment, effective January 2024, which combines Evoqua's integrated solutions with Xylem's existing applied and measurement services to enhance global offerings, including long-term maintenance contracts and digital optimization tools. This merger expanded Xylem's service capabilities, enabling more comprehensive lifecycle support for assets. The acquisition added approximately 5,000 employees to Xylem's workforce and bolstered expertise in emerging areas like removal through technologies such as and systems.

Other Brands

Xylem Inc. operates over 50 subsidiaries globally, enabling localized support and specialized expertise across its portfolio. HYPACK, acquired in 2015, offers advanced software for hydrographic , seabed mapping, and , aiding applications in and marine . Recent acquisitions include a majority stake in Idrica in December 2024, which develops AI-powered digital twins and platforms to optimize distribution networks and predict issues. In the same year, Xylem acquired Heusser Water Solutions , a Swiss-based provider of pump systems and management services, strengthening regional manufacturing and distribution in . In April 2025, Xylem acquired Vacom Systems LLC, a provider of advanced technologies including mechanical vapor recompression evaporators and crystallizers. In October 2025, Xylem announced the sale of its water and heat metering assets outside North America to AURELIUS Group, expected to close in the first quarter of 2026, subject to regulatory approvals and other closing conditions. These entities focus on niche domains like geospatial analytics, intelligent water operations, and targeted engineering solutions, complementing Xylem's broader offerings.

Corporate Affairs

Leadership

Matthew F. Pine serves as President and of Xylem Inc., a position he assumed on January 1, 2024, following his tenure as from January 2023. Pine joined Xylem in 2020 after a career in industrial manufacturing and operations, including leadership roles at and , where he focused on growth strategies in water and energy sectors. His compensation in 2024 was predominantly performance-based, comprising approximately 88% of total direct compensation through base salary, annual incentives, and long-term incentives tied to company performance metrics. The executive team includes key leaders overseeing , , and business segments. William K. Grogan is Executive and , responsible for global financial strategy and operations since his appointment in 2023. Claudia S. Toussaint serves as Executive and Chief People and Officer, leading and sustainability initiatives with prior experience at in organizational transformation. Segment leaders include Hayati Yarkadas, Executive and of Water Infrastructure, driving solutions for and ; Meredith Emmerich, Senior and of Applied , focusing on residential, commercial, and industrial applications since October 2024; and Rodney O. Aulick, Executive and of Water Solutions and Services, managing integrated services for utilities and industries. Xylem's Board of Directors consists of nine members as of 2025, including eight independent directors and the CEO, with expertise spanning water technology, , , and industrial operations. Independent members include Chair Robert F. Friel, former CEO of with a focus on solutions; Earl R. Ellis, former CFO of emphasizing financial and tech transformation; Lisa Glatch, former President of with and experience; Victoria Harker, former CFO of TEGNA in financial leadership; Mark Morelli, CEO of Vontier Corporation in industrial tech; Jerome Peribere, former CEO of in business transformation; Lila Tretikov, a partner at specializing in and tech strategy; and Uday Yadav, CEO of TK Elevator in operational leadership. The board features diversity with three women members and prioritizes skills in water management and technology innovation. Xylem's governance structure emphasizes environmental, social, and governance (ESG) reporting and alignment with shareholder interests. The Nominating and Governance Committee oversees sustainability programs, including the publication of annual sustainability reports and progress toward 2030 science-based targets validated by the . Shareholder alignment is supported through annual "say-on-pay" advisory votes, which received 82.7% approval in 2024, robust stock ownership guidelines (e.g., CEO at six times base salary), and proactive engagement with investors representing over 21% of shares in 2024 to address and governance matters.

Sustainability Initiatives

Xylem's sustainability efforts are anchored in its corporate citizenship program, , launched in 2008 to provide and protect safe water resources globally through grants, employee volunteering, and partnerships. focuses on improving access to clean water and in under-resourced communities, contributing to broader goals of and . A core component of is its commitment to expanding water, , and hygiene (WASH) access, with a target to reach 20 million people by 2025 and an additional 80 million by 2030 through climate-resilient solutions and . In 2024, initiatives supported emergency clean water provision to over 54,000 people in following devastating floods, demonstrating rapid response to crises. The program also encourages employee engagement, with volunteers dedicating more than 220,000 hours in 2024 to advance projects. On the environmental front, has pledged to achieve across its by 2050, aligned with science-based targets for a 1.5°C reduction scenario. This includes a 50% absolute reduction in 1 and 2 by 2030 from a 2019 baseline. Progress toward these goals has been significant; legacy operations reduced absolute 1 and 2 emissions (market-based) by 40% in 2023 compared to 2019 levels, driven by projects and adoption. Xylem advances sustainability through innovative projects that promote water reuse and education. In 2024, the company launched Reuse Brew, a Bavarian-style crafted from high-quality treated , in partnership with regional collaborators to demonstrate the safety and potential of recycled water in combating scarcity. This initiative was showcased at IFAT 2024 to raise public awareness about water recycling technologies. Charitable activities under Watermark include substantial funding for nonprofit partners, with commitments such as $500,000 in grants during the response to aid water-related relief efforts. In 2023, these efforts supported over 1,000 nonprofits across 56 countries, delivering access and education. Xylem collaborates with NGOs to amplify impact in underserved areas, including partnerships with UNICEF for vital water solutions in regions like the Horn of Africa and with Planet Water Foundation to deploy clean water projects reaching over one million people annually in Asia-Pacific and Latin America. These alliances align with Xylem's 2030 commitments to reduce corporate water intensity by 30% and enable customers to cut annual water demand by at least 2 billion cubic meters.

Financial Performance

Xylem Inc. reported annual revenue of $7.4 billion in 2023, reflecting growth driven by organic expansion and the integration of the Evoqua Technologies acquisition completed in May 2023. In 2024, revenue increased to $8.6 billion, a 16% rise on a reported basis and 6% organically, supported by strong performance in water infrastructure and segments. For 2025, following third-quarter results announced on October 28, 2025, which showed quarterly revenue of $2.3 billion (up 8% year-over-year), the company raised its full-year revenue forecast to approximately $9.0 billion, implying 5-6% reported growth amid resilient demand for water solutions. On profitability, Xylem achieved of $266 million in 2023, equivalent to $1.10 per share, with net income margin expanding to 12.6%. Adjusted for the year reached $609 million, bolstered by operational efficiencies and pricing discipline. Adjusted EBITDA margins for 2023 averaged approximately 18%, improving to around 19% by year-end due to cost management and synergies from the Evoqua merger. The company's as of December 31, 2023, showed total assets of $16.1 billion, including significant and intangibles from the $7.5 billion Evoqua acquisition, which introduced approximately $3.7 billion in long-term debt. Stockholders' equity stood at $10.2 billion at that time, reflecting a solid capital position post-merger with a of about 22%. Xylem's common stock trades on the under the XYL, with a of approximately $31 billion as of June 30, 2025, based on a closing price of $129.36 per share and roughly 243 million outstanding shares. The company initiated a quarterly in 2018, paying $0.40 per share in the second quarter of 2025, marking consistent increases and a yield of about 1.2% at that time.

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