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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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Xylem (NYSE: XYL) is working with municipal and industrial customers to address the challenge of PFAS contaminants in water, with more than 80 PFAS mitigation installations in the U.S. alone. The company has successfully deployed selective ion exchange treatment and granular activated carbon systems to reduce contaminants to levels below compliance limits, safeguarding drinking water supplies for communities across the country.
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Xylem (NYSE: XYL) announces the realignment of its reportable segments to create the Water Solutions and Services (WSS) segment, unifying Evoqua's legacy Integrated Solutions and Services (ISS) segment with Xylem's dewatering and assessment services businesses. This move aims to accelerate integration and synergies from the Evoqua acquisition, positioning Xylem to address more complex challenges faced by its customers. The new segment is expected to represent approximately 30% of total revenue for fiscal 2024, with the company discussing the details during its fourth quarter and full-year earnings conference call on February 6.
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Sensus, a Xylem brand, introduces the Stratus IQ+™ electricity meter, designed to enhance distribution system management for utilities and improve customer engagement. The meter combines grid intelligence and precise energy measurement, providing near-real-time energy consumption monitoring and advanced functionalities, including EV-based detection. The Stratus IQ+ also offers customizable applications, expansion card slot for future computing capacity, rugged design, and 'software-defined metrology' features.
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Scottish Water (NYSE: XYL) has deployed advanced technology at 200 pumping stations to reduce energy consumption by up to 60%, accelerating its goal of becoming carbon neutral by 2040. In collaboration with Xylem, the utility achieved cost savings, reduced emissions, and extended the life of critical assets with advanced digital technologies.
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Xylem (XYL) and Cityzens Giving Empower Young Leaders to Tackle Water Challenges in Five Cities
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Xylem Inc. (NYSE: XYL) declares $0.33 per share fourth quarter dividend, payable on December 19, 2023, to shareholders of record as of November 21, 2023
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Xylem Inc. reported third-quarter results with total revenue of $2.1 billion, up 50% on a reported basis and 10% organically. Earnings per share were $0.63, up 800%, and adjusted earnings per share were $0.99, up 14%. The company raised its full-year revenue guidance to approximately $7.3 billion, up 32%, and increased its full-year adjusted EPS guidance to $3.71 to $3.73.
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Xylem debuts the Clean Water Challenge game at Georgia Aquarium’s Ocean Voyager exhibit to illustrate the importance of sand filtration and water reuse technology for ocean animals.
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Xylem Inc. to participate in upcoming conferences
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Xylem's Flygt solution for wastewater treatment facilities can save up to 50% on energy costs compared to conventional mixers, leading to improved operational efficiency. Xylem will be honored at WEFTEC for its innovative technology. Xylem experts will showcase other innovative solutions at WEFTEC to help utilities and industrial users optimize operations and meet regulatory requirements.
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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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