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Xylem Inc - XYL STOCK NEWS

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.

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UNICEF and Xylem partner to address urgent water and sanitation challenges in the Horn of Africa, focusing on Ethiopia, Somalia, Sudan, and Uganda. The collaboration aims to provide resilient, equitable, and sustainable services to vulnerable communities affected by climate extremes.
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Xylem (NYSE: XYL) supports a €79 million urban regeneration project in Rome for the Catholic Church's 2025 Jubilee by providing advanced water technology to relocate major sewer infrastructure, enabling the construction of a pedestrian link for 35 million visitors. The project, part of a €1.8 billion investment funded by the National Recovery and Resilience Plan, showcases Xylem's expertise in managing water systems efficiently and sustainably.
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Xylem (NYSE: XYL) launches the 2024 Global Student Innovation Challenge, inviting high school and university students worldwide to address water challenges. Participants aged 13-25 can submit ideas to reduce plastic ocean waste, lower GHG emissions, and minimize water waste, mentored by industry experts.
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Xylem's 2024 Accelerator Program welcomes startups worldwide to tackle water issues with advanced technologies. The program aims to address water scarcity, emerging contaminants, and climate change impacts through innovative solutions. EOMAP, a Germany-based company, partners with Xylem to enhance water quality monitoring using satellite data. Xylem's Accelerator fosters collaboration to refine and scale water solutions, benefiting customers globally.
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Xylem Inc. appoints Radhika Fox as Senior Advisor, a renowned water expert. Fox will provide strategic counsel on water sector issues and support Xylem's strategy.
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Xylem (NYSE: XYL) volunteers, partners, and customers support 1,000 NGOs in 56 countries to provide clean water and sanitation through Xylem Watermark. The program involves 183,000 volunteer hours, humanitarian aid responses to 30 disasters, and community grants to 148 nonprofits. Xylem aims to achieve SDG6 by 2025 by impacting 20 million people with clean water access.
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Xylem Inc. reported fourth-quarter and full-year 2023 results, with orders of $2.0 billion, revenue of $2.1 billion, and earnings per share of $1.10. Full-year highlights include revenue of $7.4 billion, earnings per share of $2.79, and an initiation of 2024 full-year revenue guidance of $8.4 to $8.5 billion. Net income was $266 million, or $1.10 per share, with a net income margin increase of 270 basis points to 12.6 percent. Xylem forecasts full-year 2024 revenue of approximately $8.4 to $8.5 billion, up approximately 14 to 15 percent on a reported basis and up approximately 3 to 5 percent on an organic basis.
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Xylem Inc. (NYSE: XYL) will participate in the Citi Global Industrial Conference on February 20, 2024. The CEO, CFO, and VP of Investor Relations will present and participate in investor meetings. Webcast replays will be available for 90 days on Xylem's Investor Relations website.
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Xylem (NYSE: XYL) has entered into a three-year contract with Tuscany's Publiacqua to enhance the resilience and operational efficiency of Medio Valdarno's water infrastructure. The agreement aims to revolutionize the region’s water supply system by leveraging cutting-edge technologies including meter data analytics, real-time leak detection modules, and predictive maintenance tools. Xylem Vue powered by GoAigua, a software and analytics platform, will enable proactive identification and addressing of potential pipe failures, optimizing maintenance schedules and reducing expenses. The partnership signifies a significant step towards water sustainability in the face of climate change, impacting real lives and setting a global example for tackling water challenges head-on.
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Xylem Inc. (NYSE: XYL) will release its Q4 2023 results on February 6, 2024. The senior management team will host a conference call with investors at 9:00 a.m. (ET). The call can be accessed by phone or online. A replay will be available until February 13, 2024.
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FAQ

What is the current stock price of Xylem (XYL)?

The current stock price of Xylem (XYL) is $125.36 as of November 21, 2024.

What is the market cap of Xylem (XYL)?

The market cap of Xylem (XYL) is approximately 30.7B.

What is Xylem Inc.?

Xylem Inc. is a global water technology company that provides solutions for water transport, treatment, testing, and efficient use in various sectors.

Where is Xylem Inc. headquartered?

Xylem Inc. is headquartered in Rye Brook, New York.

In how many countries does Xylem operate?

Xylem operates in more than 150 countries worldwide.

What sectors does Xylem serve?

Xylem serves public utilities, residential and commercial building services, industrial, and agricultural sectors.

How much revenue did Xylem generate in 2023?

Xylem generated $7.4 billion in revenue in 2023.

How many employees does Xylem have?

As of 2023, Xylem employs approximately 16,200 people.

What recognition has Xylem received for its sustainability efforts?

Xylem has been named to the Dow Jones Sustainability Index multiple times for its sustainable business practices.

When was Xylem spun off from ITT?

Xylem was spun off from ITT in 2011.

What are some of Xylem's recent achievements?

Recent achievements include advancements in smart water infrastructure, partnerships with environmental organizations, and significant investments in R&D.

What is the focus of Xylem's ongoing projects?

Xylem's ongoing projects focus on enhancing water accessibility, quality, and efficiency across various regions.

Xylem Inc

NYSE:XYL

XYL Rankings

XYL Stock Data

30.71B
241.29M
0.65%
93.9%
1.03%
Specialty Industrial Machinery
Pumps & Pumping Equipment
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United States of America
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