Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Xylem Inc.

XYL stock analysis · Industrials · Industrial Machinery & Supplies & Components

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$118.21HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$28.1B

Price × SEC outstanding shares. Shares measured 2026-04-24. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$58.15

Equity cash-flow scenario · SEC outstanding shares at 2026-04-24 · -50.8% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

22.9%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

13.8%

12 industry peers · median 33.4×

How this is calculated ↗
Valuation

Historical multiples

46.3×

7 annual observations · snapshot P/E 29.4× · -36.6% versus history

How this is calculated ↗
Valuation

Free cash flow yield

3.2%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

8.0%

Normalized tax · financing-capital proxy

How this is calculated ↗
Valuation

Value composite

63/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

6.9%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

1.4%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-1.7%

Annual basis · read assumptions below

How this is calculated ↗
Momentum

Fundamental momentum

2.1%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 1.3B2020-12-31: cfo $824,000,000.002020-12-31: capex $183,000,000.0020202021-12-31: cfo $538,000,000.002021-12-31: capex $208,000,000.0020212022-12-31: cfo $596,000,000.002022-12-31: capex $208,000,000.0020222023-12-31: cfo $837,000,000.002023-12-31: capex $271,000,000.0020232024-12-31: cfo $1,263,000,000.002024-12-31: capex $321,000,000.0020242025-12-31: cfo $1,241,000,000.002025-12-31: capex $331,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$72.93$79.58$86.72
10.0%$53.45$58.15$63.20
12.0%$42.17$45.75$49.60

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-319B950M1.2B331M17.6B
2024-12-318.6B890M1.3B321M16.5B
2023-12-317.4B609M837M271M16.1B
2022-12-315.5B355M596M208M8B
2021-12-315.2B427M538M208M8.3B
2020-12-314.7B254M824M183M8.8B
2019-12-315B401M839M226M7.7B
2018-12-315B549M586M237M7.2B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue9BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-25
netIncome950MProfitLoss
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-25
Parent/common earnings proxy957MNetIncomeLoss2026-02-25
cfo1.2BNetCashProvidedByUsedInOperatingActivities2026-02-25
capex331MPaymentsToAcquireProductiveAssets2026-02-25
operatingIncome1.2BOperatingIncomeLoss2026-02-25
assets17.6BAssets2026-02-25
equity11.5BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-25
Parent book equity proxy11.5BStockholdersEquity2026-02-25
debt2BLongTermDebt2026-02-25
shortDebt534MShortTermBorrowings2026-02-25
cash1.5BCashAndCashEquivalentsAtCarryingValue2026-02-25
shares244MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-25
dividends391MPaymentsOfDividendsCommonStock2026-02-25
buybacks15MPaymentsForRepurchaseOfCommonStock2026-02-25
issuance20MReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Proceeds from exercise of employee stock options: 20000000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 8 financing lines reconcile exactly to reported financing cash flow -501000000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: the statement also aggregates other financing cash flows (net -34000000 USD). Their common-equity portion is not separately disclosed here. Issuance is the sum of separately reported common cash-issuance lines, not an independently verified gross total; additional equity flows may be inside those aggregates.
2026-02-25