Xylem Inc. (XYL)

Xylem Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7,949	7,364	5,522	5,195	4,876	5,249
Revenue Growth (YoY)	39.51%	33.36%	6.29%	6.54%	-7.11%	0.81%
Cost of Revenue	5,026	4,647	3,438	3,220	3,046	3,203
Gross Profit	2,923	2,717	2,084	1,975	1,830	2,046
Selling, General & Admin	1,877	1,757	1,227	1,179	1,143	1,158
Research & Development	238	232	206	204	187	191
Other Operating Expenses	78	76	29	7	133	211
Operating Expenses	2,193	2,065	1,462	1,390	1,463	1,560
Operating Income	730	652	622	585	367	486
Interest Expense / Income	54	49	50	76	77	67
Other Expense / Income	-29	-32	132	-2	5	3
Pretax Income	705	635	440	511	285	416
Income Tax	42	26	85	84	31	15
Net Income	663	609	355	427	254	401
Net Income Growth	78.23%	71.55%	-16.86%	68.11%	-36.66%	-26.96%
Shares Outstanding (Basic)	242	217	180	180	180	180
Shares Outstanding (Diluted)	243	218	181	182	181	181
Shares Change	34.03%	20.55%	-0.28%	0.22%	-0.06%	0.06%
EPS (Basic)	2.88	2.81	1.97	2.37	1.41	2.23
EPS (Diluted)	2.87	2.79	1.96	2.35	1.40	2.21
EPS Growth	40.00%	42.35%	-16.60%	67.86%	-36.65%	-27.06%
Free Cash Flow	651	567	392	333	641	613
Free Cash Flow Per Share	2.69	2.61	2.17	1.85	3.56	3.41
Dividend Per Share	1.350	1.320	1.200	1.120	1.040	0.960
Dividend Growth	9.76%	10.00%	7.14%	7.69%	8.33%	14.29%
Gross Margin	36.77%	36.90%	37.74%	38.02%	37.53%	38.98%
Operating Margin	9.18%	8.85%	11.26%	11.26%	7.53%	9.26%
Profit Margin	8.34%	8.27%	6.43%	8.22%	5.21%	7.64%
Free Cash Flow Margin	8.19%	7.70%	7.10%	6.41%	13.15%	11.68%
Effective Tax Rate	5.96%	4.09%	19.32%	16.44%	10.88%	3.61%
EBITDA	1,269	1,120	726	832	613	740
EBITDA Margin	15.96%	15.21%	13.15%	16.02%	12.57%	14.10%
Depreciation & Amortization	510	436	236	245	251	257
EBIT	759	684	490	587	362	483
EBIT Margin	9.55%	9.29%	8.87%	11.30%	7.42%	9.20%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).