XYL Financials Xylem

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 45 d ago Overview →

Growth & profitability

Revenue has grown 14.8% per year over the past 5 years.
Net income has grown faster than revenue (30.4% vs 14.8% per year).
Free cash flow has grown 7.3% per year over the past 5 years.

Financial health

Total debt ($1.9B) exceeds cash ($1.5B); net debt is $463M.
Total debt has grown slower than revenue (-8.8% vs 14.8% per year).
Operating income covered interest expense 42× in the latest year.
Total debt is 1.1× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 40.9% of earnings and 43.0% of free cash flow.
The dividend has grown 15.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$9.0B	$957M	38.5%	13.5%	8.3%	5.4%	$910M	$1.9B	$1.5B
2024	$8.6B	$890M	37.5%	11.8%	8.4%	5.4%	$942M	$2.0B	$1.1B
2023	$7.4B	$609M	36.9%	8.9%	6.0%	3.8%	$566M	$2.3B	$1.0B
2022	$5.5B	$355M	37.7%	11.3%	10.2%	4.5%	$388M	$1.9B	$944M
2021	$5.2B	$427M	38.0%	11.3%	13.3%	5.2%	$330M	$2.4B	$1.3B
2020	—	$254M	—	—	8.6%	2.9%	$641M	$3.1B	$1.9B
2019	—	$401M	—	—	13.6%	5.2%	$613M	$2.3B	$724M
2018	—	$549M	—	—	19.8%	7.6%	$349M	$2.3B	$296M
2017	—	$331M	—	—	13.2%	4.8%	$516M	$2.2B	$414M
2016	—	$260M	—	—	11.9%	4.0%	$373M	$2.4B	$308M
2015	—	$340M	—	—	16.3%	7.3%	$347M	$1.3B	$680M
2014	—	$337M	—	—	15.8%	7.0%	$297M	$1.3B	$663M
2013	—	$228M	—	—	10.2%	4.7%	$198M	$1.2B	$533M
2012	—	$297M	—	—	14.3%	6.3%	$284M	$1.2B	$504M
2011	—	$279M	—	—	15.2%	6.3%	$323M	$1.2B	$318M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$2.3B	$263M	41.2%	16.7%	2.5%	1.5%	$201M	$2.9B	$1.3B
Mar '26	$2.1B	$193M	37.8%	11.5%	1.8%	1.1%	$18M	$1.9B	$808M
Dec '25	$2.4B	$335M	38.9%	14.7%	2.9%	1.9%	$460M	$1.9B	$1.5B
Sep '25	$2.3B	$227M	38.9%	14.7%	2.0%	1.3%	$281M	$2.0B	$1.2B
Jun '25	$2.3B	$226M	38.8%	13.3%	2.0%	1.3%	$207M	$2.0B	$1.2B
Mar '25	$2.1B	$169M	37.1%	11.2%	1.6%	1.0%	-$38M	$2.0B	$1.1B
Dec '24	$2.3B	$326M	38.0%	11.8%	3.1%	2.0%	$475M	$2.0B	$1.1B
Sep '24	$2.1B	$217M	37.3%	13.3%	2.0%	1.4%	$237M	$2.0B	$989M
Jun '24	$2.2B	$194M	37.8%	11.7%	1.9%	1.2%	$215M	$2.0B	$815M
Mar '24	$2.0B	$153M	37.0%	10.3%	1.5%	1.0%	$15M	$2.3B	$947M
Dec '23	$2.1B	$266M	35.7%	10.0%	2.6%	1.7%	$361M	$2.3B	$1.0B
Sep '23	$2.1B	$152M	36.8%	9.2%	1.5%	1.0%	$299M	$2.3B	$705M
Jun '23	$1.7B	$92M	37.8%	6.9%	0.9%	0.6%	-$25M	$2.5B	$708M
Mar '23	$1.4B	$99M	37.7%	9.0%	2.8%	1.2%	-$68M	$1.9B	$837M
Dec '22	$1.5B	$149M	38.0%	13.1%	4.3%	1.9%	$302M	$1.9B	$944M
Sep '22	$1.4B	$12M	38.0%	12.2%	0.4%	0.1%	$149M	$2.4B	$1.2B
Jun '22	—	$112M	—	—	3.5%	1.4%	$67M	$2.4B	$1.1B
Mar '22	—	$82M	—	—	2.6%	1.0%	-$130M	$2.4B	$1.1B
Dec '21	—	$113M	—	—	3.5%	1.4%	$139M	$2.4B	$1.3B
Sep '21	—	$114M	—	—	3.7%	1.4%	$65M	$2.5B	$1.3B

Valuation over time

How the market has priced XYL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 68.9× (Mar '23) to 26.3× (Sep '26).
The price-to-sales ratio has fallen from 4.4× (Mar '23) to 2.8× (Sep '26).
The dividend yield has risen from 0.9% (Mar '23) to 1.6% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is XYL growing its revenue and profit?

Over the past 5 years, Xylem's revenue has grown 14.8% per year, and net income grown 30.4% per year. These are computed facts, not advice.

How much debt does XYL have?

As of FY2025, Xylem reported $1.9B of total debt against $1.5B of cash; operating income covered interest expense 42×.

What is XYL's profit margin?

In FY2025, gross margin was 38.5%, operating margin 13.5%, and net margin 10.6%.

What is XYL's P/E ratio?

As of Sep '26, Xylem traded at a price-to-earnings ratio of about 26.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.