Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.
Xylem Inc. (NYSE: XYL) is a premier global water technology provider with a mission to create innovative solutions for the world’s most challenging water and wastewater problems. Headquartered in Rye Brook, New York, Xylem operates in more than 150 countries and offers a diverse range of products and services that cater to public utilities, residential and commercial building services, and industrial and agricultural sectors.
With roots tracing back to its spin-off from ITT in 2011, Xylem has quickly grown to become a leader in the water technology industry. As of 2023, the company generated $7.4 billion in revenue and employed approximately 16,200 people worldwide.
Xylem's product portfolio includes advanced transport systems, cutting-edge treatment solutions, precise testing equipment, and efficient water usage technologies. The company is renowned for its market-leading brands, each known for their innovation and efficacy. Xylem also boasts a strong commitment to sustainability, being named to the Dow Jones Sustainability Index multiple times for its sustainable business practices and solutions.
Recent achievements include significant advancements in smart water infrastructure, partnerships with leading environmental organizations, and investments in research and development to drive future growth. Xylem’s local solutions are designed to meet global needs, demonstrating its expertise and dedication to improving water systems globally.
In terms of financial health, Xylem has consistently shown robust revenue growth, reflecting its strong market position and the effectiveness of its strategic initiatives. The company's ongoing projects aim to enhance water accessibility, quality, and efficiency across various regions, further solidifying its role as a critical player in the water technology space.
Xylem Inc. continues to pioneer in the water technology sector through its innovative solutions and unwavering commitment to addressing the world’s water challenges. For investors and stakeholders, Xylem represents a blend of steady growth, sustainability, and technological innovation.
Stay updated with the latest news and developments from Xylem Inc. to understand how this industry leader is shaping the future of water technology.
The Board of Directors of Xylem has announced a second quarter dividend of $0.28 per share, payable on June 24, 2021, to shareholders on record as of May 27, 2021. In 2020, Xylem generated $4.88 billion in revenue, demonstrating its commitment to solving critical water and infrastructure challenges across over 150 countries. With a workforce exceeding 16,000 employees, Xylem is focused on sustainability and innovation in water resource management.
Xylem Inc (NYSE: XYL) has partnered with FortisBC Energy Inc to implement a Sensus advanced gas meter network in British Columbia. This initiative aims to modernize FortisBC's metering infrastructure, benefiting over one million natural gas customers. With a planned deployment of approximately one million Sonix IQ gas meters, the project will enhance safety features and operational resilience. The 20-year agreement includes Managed Services and Software as a Service solutions, aiming to begin deployment in 2023, pending regulatory approval.
Xylem Inc. (NYSE: XYL) reported first quarter 2021 revenue of $1.26 billion, reflecting a 12% growth on a reported basis and 8% growth organically. The adjusted EBITDA margin increased by 480 basis points to 17.1%, driven by strong demand and cost discipline. Net income stood at $87 million or $0.48 per share. Xylem raised its full-year guidance, now expecting organic revenue growth between 5% and 7% and adjusted EPS of $2.50 to $2.70. All segments showed strong performance, especially in Water Infrastructure and Applied Water.
Xylem (NYSE:XYL) has partnered with Esri to enhance water management solutions through joint technical development and marketing efforts. This collaboration aims to digitalize water infrastructure, enabling utilities to optimize network operations significantly. A notable outcome from their partnership includes an AI-driven pipeline analysis that cut costs by $70 million—approximately 80%—and reduced pipeline failures by 400%. As one of the few Esri Platinum Partners, Xylem is positioned to leverage advanced location intelligence to address global water challenges effectively.
Xylem Inc. (NYSE: XYL) will announce its first quarter 2021 results on May 4, 2021, at 6:55 a.m. (ET). A conference call with senior management will follow at 10:00 a.m. (ET) to discuss the results with investors. The call can be accessed at +1 (973) 935-2945 (ID # 5567508) or through their website. A replay of the call will be available until June 2, 2021, by calling +1 (800) 585-8367 or +1 (404) 537-3406 (ID # 5567508).
Xylem reported $4.88 billion in revenue for 2020, emphasizing its commitment to addressing global water challenges.
Xylem Inc. (NYSE: XYL) reported fourth quarter revenue of $1.37 billion and full-year revenue of $4.88 billion, surpassing expectations despite COVID-19 impacts. However, operating margins declined with fourth quarter adjusted margins at 13.8%, down 120 basis points year-over-year. Net income for Q4 was $148 million or $0.82 per share. For 2021, Xylem forecasts revenue between $5.16 to $5.26 billion, with adjusted EPS projected at $2.35 to $2.60, reflecting a 14 to 26 percent increase from 2020. An 8% increase in the dividend to $0.28 per share was also announced.
Xylem Inc. (NYSE: XYL) will announce its fourth quarter 2020 results on February 4, 2021, at 6:55 a.m. (ET). Following this, a conference call with senior management will take place at 9:00 a.m. (ET) for investors. Participants can join the call by dialing +1 (973) 935-2945 (ID# 6283413) or through the Investors Events | Xylem US. A replay will be available until March 5, 2021.
Xylem Inc. (NYSE: XYL) reported a net income of $37 million for Q3 2020, equating to $0.20 per share. Adjusted net income stood at $114 million, or $0.62 per share, as revenue dropped 6% to $1.2 billion. Orders saw a 7% decline, but the wastewater utility business remained resilient. Operating margin was 6%, up 520 basis points year-over-year, while adjusted margin was 13.0%, down 210 basis points. Xylem generated $275 million in operating cash flow with a robust liquidity of $2.4 billion. For Q4, projected organic revenue declines are 6-8%, with a full-year free cash flow conversion anticipated over 100%.
The Board of Directors of Xylem (NYSE: XYL) has announced a $0.26 dividend per share, payable on December 3, 2020, to shareholders recorded as of November 5, 2020. Xylem is a dominant global water technology firm dedicated to addressing water challenges through innovation. With over 16,000 employees, the company reported $5.25 billion in revenue for 2019, emphasizing its commitment to sustainable water management in more than 150 countries.
Xylem Inc. (NYSE: XYL) will release its third quarter 2020 results on October 29, 2020, at 6:55 a.m. (ET). A conference call for investors will follow at 10:00 a.m. (ET), accessible by calling +1 (973) 935-2945 (ID # 7096699) or through the Investors Events page. A replay will be available until November 30, 2020, via telephone and the same Investors Events page.
Xylem reported $5.25 billion in revenue for 2019, focusing on innovative water technology solutions.
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