Sign in

    Xylem Inc (XYL)

    Board Change

    You might also like

    Business Description

    Xylem Inc. is a leading global water technology company that designs, manufactures, and services highly engineered products and solutions for critical applications in the water sector . The company operates through four main segments, addressing customer needs across the water cycle, from delivery and treatment to the return of water to the environment, with a strong emphasis on innovation and sustainability . Xylem's diverse product offerings include water and wastewater pumps, smart metering, and tailored services to improve operational reliability and environmental compliance .

    1. Measurement and Control Solutions - Provides smart metering, networked communication devices, data analytics, and critical infrastructure services .
    2. Water Infrastructure - Focuses on the transportation and treatment of water, offering products such as water and wastewater pumps, filtration, disinfection, and biological treatment equipment .
    3. Applied Water - Serves residential, commercial, and industrial markets with products like pumps, valves, heat exchangers, and controls .
    4. Water Solutions and Services - Combines legacy Evoqua's Integrated Solutions and Services with Xylem's dewatering and assessment services businesses, offering tailored services and solutions to improve operational reliability and environmental compliance .

    Key Metrics

    View all financials →

    Executive Team

    NamePositionStart DateShort Bio
    Matthew F. PinePresident and Chief Executive OfficerJanuary 1, 2024Matthew F. Pine is the President and CEO of Xylem Inc. since January 1, 2024. He was previously the COO in 2023 and has held various leadership roles since joining in 2020 .
    William K. GroganSenior Vice President and Chief Financial OfficerOctober 1, 2023William K. Grogan joined Xylem as Senior Vice President and CFO on October 1, 2023. He was previously CFO at IDEX Corporation starting in 2017 .
    Rodney O. AulickSenior Vice President and President, Water Solutions and Services2023Rodney O. Aulick has been Senior Vice President and President of Water Solutions and Services since 2023. He has over 25 years of experience in the water treatment industry .
    Dorothy G. CapersSenior Vice President, General Counsel2022Dorothy G. Capers became Senior Vice President and General Counsel in 2022. She was previously EVP, Global General Counsel, and Corporate Secretary at National Express Group starting in 2015 .
    Franz W. CerwinkaSenior AdvisorUntil March 31, 2025Franz W. Cerwinka transitioned to Senior Advisor on October 21, 2024, after serving as Senior Vice President and President, Applied Water Systems and Xylem Business Transformation .
    Michael J. McGannSenior Vice President and President, Americas and Measurement and Control Solutions2023Michael J. McGann has been Senior Vice President and President, Americas and Measurement and Control Solutions since 2023. He previously served as Vice President for the North America Utilities Commercial Team in 2022 .
    Geri-Michelle McShaneVice President, Controller and Chief Accounting Officer2019Geri-Michelle McShane has been Vice President, Controller, and Chief Accounting Officer since 2019. She was Controller, Accounting and Reporting starting in 2016 .
    Claudia S. ToussaintSenior Vice President, Chief People and Sustainability Officer2021Claudia S. Toussaint became Senior Vice President, Chief People and Sustainability Officer in 2021. She was previously Senior Vice President, General Counsel, and Corporate Secretary starting in 2014 .
    Hayati YarkadasSenior Vice President and President, Europe, Water Infrastructure and Global Services2020Hayati Yarkadas has been Senior Vice President and President of Europe, Water Infrastructure, and Global Services since 2020. He was previously Senior Vice President and President of Performance Materials at Trinseo S.A. starting in 2015 .
    Meredith EmmerichSenior Vice President and President, Applied WaterOctober 21, 2024Meredith Emmerich was appointed Senior Vice President and President, Applied Water effective October 21, 2024. She has over 20 years of experience in smart solutions for buildings in industrial and commercial settings .

    Questions to Ask Management

    1. Given that MCS orders declined by 18% in the quarter and book-to-bill came in under 1 due to project timing, how confident are you in the MCS segment's ability to sustain its current revenue growth, and what measures are you taking to address the order declines?

    2. Applied Water revenues were down 4% organically, driven by softness in developed markets. Can you provide more detail on the factors contributing to this softness, and what steps are being taken to reverse this trend in the Applied Water segment?

    3. You mentioned expecting a margin headwind from mix in the second half as energy meters account for a larger portion of sales in the MCS segment. How significant do you anticipate this margin compression will be, and how are you planning to mitigate its impact on overall profitability?

    4. With the Supreme Court's decision to strike down the Chevron Doctrine introducing uncertainty around PFAS regulations, how might potential delays or reversals in federal regulation affect your growth projections, especially considering that PFAS remediation was not baked into your long-term framework?

    5. Despite robust treatment demand leading to an 8% increase in Water Infrastructure orders, adjusted EBITDA margin for the segment was down 60 basis points due to inflation and acquisition headwinds. What strategies are in place to improve margins in this segment, and how do you plan to offset these ongoing challenges?

    Share Repurchase Program

    Program DetailsProgram 1
    Approval DateAugust 24, 2015
    End Date/DurationNo expiration date
    Total additional amount$500 million
    Remaining authorization$182 million as of September 30, 2024
    DetailsDeploy capital to benefit stockholders and focus on growth

    Debt Maturity Schedule

    YearAmount Due (in millions)Debt TypeInterest Rate (%)% of Total Debt
    202417 Short-term borrowings and current maturities of long-term debt N/A 0.9% = (17 / 1994) * 100
    202517 Equipment Financing N/A 0.9% = (17 / 1994) * 100
    2026500 3.250% Senior Notes 3.250 25.1% = (500 / 1994) * 100
    2028500 1.950% Senior Notes 1.950 25.1% = (500 / 1994) * 100
    2031500 2.250% Senior Notes 2.250 25.1% = (500 / 1994) * 100
    203275 Equipment Financing N/A 3.8% = (75 / 1994) * 100
    2046400 4.375% Senior Notes 4.375 20.1% = (400 / 1994) * 100

    Competitors

    Competitors mentioned in the company's latest 10K filing.

    • Grundfos: Competitor in both the Applied Water and Water Infrastructure segments .
    • Wilo SE: Competitor in the Applied Water segment .
    • Pentair plc: Competitor in the Applied Water segment .
    • Franklin Electric Co., Inc.: Competitor in the Applied Water segment .
    • KSB Inc.: Competitor in the Water Infrastructure segment .
    • Sulzer Ltd.: Competitor in the Water Infrastructure segment .
    • United Rentals: Competitor in the Water Infrastructure segment .
    • Trojan (Veralto Corporation): Competitor in the Water Infrastructure segment .
    • Veolia: Competitor in the Water Infrastructure segment .
    • De Nora: Competitor in the Water Infrastructure segment .
    • ProMinent: Competitor in the Water Infrastructure segment .

    Auditor

    NameStart DateEnd DateReason for Change
    Deloitte & Touche LLP2010 PresentCurrent auditor

    Latest news

    Recent developments and announcements about XYL.

    Financial Reporting

      Earnings Report

      ·
      5 days ago

      Xylem Inc. (XYL) has confirmed its financial results for the quarter and year ended December 31, 2024, are largely in line with or above the guidance provided in its October 31, 2024, earnings announcement. This indicates that the company has met or exceeded its financial expectations for the period, reflecting a positive performance trend.

    Corporate Leadership

      Leadership Change

      ·
      Jan 15, 2025, 10:55 PM

      Who is leaving: Jeanne Beliveau-Dunn, a Director at Xylem Inc., has decided not to stand for re-election at the company's 2025 Annual Meeting. She will remain on the Board until the meeting.

      Why: Her decision is not due to any disagreement with the company or its Board on operations, policies, or practices.

      Who is stepping up: No direct replacement has been announced. The Board size will be reduced to nine members following her departure.

      Board Change

      ·
      Jan 15, 2025, 10:55 PM

      Jeanne Beliveau-Dunn has decided not to stand for re-election as a Director of Xylem Inc. at the 2025 annual meeting of shareholders. She will continue to serve on the Board until the meeting, after which the Board will be reduced to nine members.