earnings
confidence high
sentiment neutral
materiality 0.80
Xylem reports FY2021 rev $5.2B (+7%), adj EPS $2.49 (+21%); guides FY22 adj EPS $2.35-$2.70
Xylem Inc.
2021-FY EPS reported
$2.35
revenue$5,195,000,000
- Q4 revenue $1.32B; Q4 adj EPS $0.63; FY net income $427M, adj net income $452M.
- FY adj EBITDA margin 17.1% (up 80bps); Q4 adj EBITDA margin 16.2% (down 260bps).
- Measurement & Control Solutions Q4 rev -17% organic due to chip shortages; segment adj op margin -5.1%.
- FY2022 guidance: organic growth 3-5%, adj EBITDA margin 16-17%, adj EPS $2.35-$2.70.
- Dividend increased 7% to $0.30/share payable Mar 17, 2022; Mark Morelli appointed to board effective Feb 3.