Xylem Inc. entered into Fifth Supplemental Indenture with Deutsche Bank Trust Company Americas valued at $500,000,000 aggregate principal amount of 5.200% Senior Notes due 2033 and $500,000,000 aggregate p (effective 2026-05-29).
“On May 29, 2026, Xylem Inc. (the “Company”) completed a public offering (the “Offering”) of $500,000,000 aggregate principal amount of 5.200% Senior Notes due 2033 (the “2033 Notes”) and $500,000,000 aggregate principal amount of 5.450% Senior Blue Notes due 2036 (the “2036 Blue Notes” and, together with the 2033 Notes, the “Notes”).”
Debt Financings
Xylem Inc. incurred senior notes of $500,000,000 aggregate principal amount of 5.200% Senior Notes due 2033 and $500,000,000 aggregate principal amount of 5 with Deutsche Bank Trust Company Americas at 5.200% per year for the 2033 Notes and 5.450% per year for the 2036 Blue Notes maturing June 1, 2033 for the 2033 Notes and June 1, 2036 for the 2036 Blue Notes.
“On May 29, 2026, Xylem Inc. (the "Company") completed a public offering (the "Offering") of $500,000,000 aggregate principal amount of 5.200% Senior Notes due 2033 (the "2033 Notes") and $500,000,000 aggregate principal amount of 5.450% Senior Blue Notes due 2036 (the "2036 Blue Notes" and, together with the 2033 Notes, the "Notes").”
Shareholder Votes
Xylem Inc. shareholders approved Implementation of the Xylem Inc. 2026 Employee Stock Purchase Plan at the 2026-05-14 meeting.
“Proposal Four: Implementation of the Xylem Inc. 2026 Employee Stock Purchase Plan. Shareholders approved a resolution approving the implementation of the Xylem Inc. 2026 Employee Stock Purchase Plan as described in the Company’s 2026 Proxy Statement. FOR AGAINST ABSTENTIONS BROKER NON-VOTES 200,869,123 313,939 143,732 10,882,685”
Shareholder Votes
Xylem Inc. shareholders approved Advisory Vote on Named Executive Compensation at the 2026-05-14 meeting.
“Proposal Three: Advisory Vote on Named Executive Compensation . Shareholders approved a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers as described in the Company’s 2026 Proxy Statement. FOR AGAINST ABSTENTIONS BROKER NON-VOTES 176,623,615 24,442,685 260,494 10,882,685”
Shareholder Votes
Xylem Inc. shareholders approved Ratification of Appointment of the Independent Registered Public Accounting Firm at the 2026-05-14 meeting.
“Proposal Two: Ratification of Appointment of the Independent Registered Public Accounting Firm. Shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026: FOR AGAINST ABSTENTIONS 205,386,746 6,164,834 657,899”
Shareholder Votes
Xylem Inc. shareholders approved Election of nine directors at the 2026-05-14 meeting.
“Proposal One: Election of Nine Directors. The following nominees were elected to serve as directors of the Company for a one-year term: NOMINEE FOR AGAINST ABSTENTIONS BROKER NON-VOTES Earl R. Ellis 199,588,485 1,615,787 122,522 10,882,685 Robert F. Friel 190,695,934 10,131,092 499,768 10,882,685 Lisa Glatch 199,358,785 1,853,279 114,730 10,882,685 Victoria D. Harker 188,120,732 13,091,788 114,274 10,882,685 Mark D. Morelli 196,379,145 4,828,044 119,605 10,882,685 Jerome A. Peribere 180,074,190 20,750,136 502,468 10,882,685 Matthew F. Pine 199,569,406 1,618,731 138,657 10,882,685 Lila Tretikov 193,745,273 7,354,284 227,237 10,882,685 Uday Yadav 194,342,665 6,752,565 231,564 10,882,685”
Earnings Releases
Xylem Inc. reported first-quarter 2026 results: revenue $2.1 billion, net income $193 million, EPS $0.79. Guidance reaffirmed.
“Xylem Inc. (NYSE: XYL), a leading global water solutions company dedicated to solving the world’s most challenging water issues, today reported first-quarter 2026 results. The Company delivered total revenue of $2.1 billion, on strong execution. First-quarter earnings per share were up 14 percent on a reported basis and 9 percent on an adjusted basis.”
Restructurings & Charges
Xylem Inc. announced a restructuring with charges of pre-tax charges of approximately $95 million to $115 million primarily during 2025, with some charges expected in 2026, and inclusive of approximately $19 milli affecting all of our businesses and functions (workforce reductions across all of our businesses and functions).
“On January 28, 2025, at the delegation of the Company’s Board of Directors, management committed to a restructuring plan. The plan consists of workforce reductions across all of our businesses and functions.”
Jeanne Beliveau-Dunn departed as Director at Xylem Inc..
“On January 10, 2025, Jeanne Beliveau-Dunn informed the Board of Directors (the “Board”) of Xylem Inc. (the “Company”) of her decision not to stand for re-election as a Director of the Company at the Company’s 2025 annual meeting of shareholders (“2025 Annual Meeting”).”
Franz W. Cerwinka departed as Senior Vice President and President, Applied Water and Xylem Business Transformation at Xylem Inc..
“Effective October 21, 2024, Franz W. Cerwinka will cease to serve as Xylem Inc.’s (the “Company”) Senior Vice President and President, Applied Water and Xylem Business Transformation.”
Earnings Releases
Xylem Inc. reported the quarter ended March 31, 2024 results: revenue $2.0 billion, net income $153 million, EPS $0.63 per share. Guidance raised.
“Xylem Reports First Quarter 2024 Results and Raises Full-Year Guidance • Orders of $2.2 billion, up 43% on a reported basis and 3% organically • Revenue of $2.0 billion, up 40% on a reported basis and 7% organically • Earnings per share of $0.63, up 17%; $0.90 on an adjusted basis, up 14% • Raising full-year revenue guidance to approximately”
Earnings Releases
Xylem Inc. reported the fiscal year ended December 31, 2023 results: revenue $7.4 billion, EPS $2.79 per share. Guidance initiated.
“Full-Year Highlights • Revenue of $7.4 billion, up 33% on a reported basis and 12% organically • Earnings per share of $2.79, up 42%; $3.78 on an adjusted basis, up 20% • Initiating 2024 full-year revenue guidance of $8.4 to $8.5 billion, up 3% to 5% organically, and adjusted earnings per share range of $4.00 to $4.20”
Earnings Releases
Xylem Inc. reported the quarter ended December 31, 2023 results: revenue $2.1 billion, net income $266 million, EPS $1.10 per share.
“Fourth-Quarter Highlights • Orders of $2.0 billion, up 42% on a reported basis and 10% organically • Revenue of $2.1 billion, up 41% on a reported basis and 9% organically • Earnings per share of $1.10, up 34%; $0.99 on an adjusted basis, down 1%”
Earnings Releases
Xylem Inc. reported quarter ended September 30, 2023 results: revenue $2.1 billion, net income $152 million, EPS $0.63 per share. Guidance raised.
“Xylem Reports Third Quarter 2023 Results • Revenue of $2.1 billion, up 50% on a reported basis, and 10% organically • Earnings per share of $0.63, up 800%; adjusted earnings per share of $0.99, up 14% • Raising full-year revenue guidance to approximately $7.3B, up 32% from 30%, with expected organic revenue growth of 11%, up from 9% to 10% • Lifting full-year adjusted EPS guidance to $3.71 to $3.73 , from $3.50 to $3.70”
Sandra E. Rowland departed as Senior Vice President at Xylem Inc..
“Effective October 1, 2023, Sandra E. Rowland will cease to serve as Senior Vice Preside”
Mattew F. Pine was appointed as President and Chief Executive Officer at Xylem Inc..
“Xylem's Board appointed Mattew F. Pine, age 52, as the Company's President and Chief Executive Officer to succeed Mr. Decker and to serve as a member of the Board, effective January 1, 2024.”
Patrick K. Decker resigned as President and Chief Executive Officer at Xylem Inc..
“Patrick K. Decker will retire from his position as President and Chief Executive Officer and resign from the Board of Directors ("Board") effective December 31, 2023”
Earnings Releases
Xylem Inc. reported the quarter ended June 30, 2023 results: revenue $1.7 billion, net income $92 million, EPS $0.45 per share. Guidance raised.
“The Company reported total revenue of $1.7 billion”
Earnings Releases
Xylem Inc. reported full-year 2023 results: revenue $7.2 billion, EPS $3.50 to $3.70. Guidance raised.
“Xylem now expects full-year 2023 revenue of approximately $7.2 billion, up approximately 30 percent on a reported basis and up 9 to 10 percent on an organic basis. This represents an increase from the Company’s previous full-year guidance of 8 to 9 percent on an organic and reported basis. Full-year 2023 adjusted EBITDA margin is expected to be approximately 18 percent, lifted from the previous range of 17.5 to 18.0 percent. This results in adjusted earnings per share of $3.50 to $3.70, raised from the previous range of $3.15 to $3.35.”
Earnings Releases
Xylem Inc. reported quarter ended June 30, 2023 results: revenue $1.7 billion, net income $92 million, EPS $0.45.
“The Company reported total revenue of $1.7 billion, with reported growth of 26 percent and organic growth of 15 percent, surpassing prior guidance, on strong commercial and operational execution. Orders were up 10 percent on a reported basis and down 2 percent organically, while backlog grew to $5.3 billion, up 7 percent organically and including $1.3 billion from Evoqua, with resilient underlying demand. Second-quarter earnings, excluding the acquisition, exceeded Xylem’s previous stand-alone guidance. “This past quarter, we took another transformative step as a leading water solutions company to help our communities and customers solve the greatest water challenges facing our society and economies: water scarcity, resilience of our infrastructure to climate change, and the need to address these challenges affordably with the power of technology and innovation,” said Patrick Decker, Xylem president and CEO. “These challenges are intensifying every day and our powerful portfolio is now”
Shareholder Votes
Xylem Inc. shareholders rejected Shareholder Proposal – Policy Requiring Independent Board Chair at the 2023-05-18 meeting.
“4. Proposal Four: Shareholder Proposal – Policy Requiring Independent Board Chair. The shareholder proposal did not obtain approval because it did not receive the affirmative vote of a majority of the votes cast at the Annual Meeting:”
Shareholder Votes
Xylem Inc. shareholders approved Advisory Vote on Named Executive Compensation at the 2023-05-18 meeting.
“3. Proposal Three: Advisory Vote on Named Executive Compensation . Shareholders approved a resolution approving, on an advisory basis, the compensation paid to the Company’s named executive officers as described in the Company’s 2023 proxy statement.”
Shareholder Votes
Xylem Inc. shareholders approved Ratification of Appointment of the Independent Registered Public Accounting Firm at the 2023-05-18 meeting.
“2. Proposal Two: Ratification of Appointment of the Independent Registered Public Accounting Firm. Shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023:”
Shareholder Votes
Xylem Inc. shareholders approved Election of Ten Directors at the 2023-05-18 meeting.
“1. Proposal One: Election of Ten Directors. The following nominees were elected to serve as directors of the Company for a one-year term:”
M&A Transactions
Xylem Inc. completed an acquisition involving Evoqua Water Technologies Corp. for all-stock transaction valued at approximately $7.5 billion (closed 2023-05-24).
“of Evoqua Water Technologies Corp. (“Evoqua”), a leader in mission-critical water treatment solutions and services, in an all-stock transaction valued at approximately $7.5 billion. The combination creates the world’s most advanced platform of capabilities to address customers’ and communities’ critical water challenges. Headquartered in Washington, D.C.,”
Lynn C. Swann was appointed as Director at Xylem Inc..
“appointed Lisa Glatch and Lynn C. Swann as members of the Board to fill the resulting vacancies.”
Lisa Glatch was appointed as Director at Xylem Inc..
“appointed Lisa Glatch and Lynn C. Swann as members of the Board to fill the resulting vacancies.”
Shareholder Votes
Xylem Inc. shareholders approved Approval of Xylem Share Issuance Proposal at the 2023-05-11 meeting.
“Xylem’s shareholders approved the proposal (the “Share Issuance Proposal”) to issue shares of Xylem Common Stock to Evoqua’s stockholders in connection with the Merger (as such term is defined in the Merger Agreement) pursuant to the terms of the Merger Agreement.”
Earnings Releases
Xylem Inc. reported the quarter ended March 31, 2023 results: revenue $1.4 billion, net income $99 million, EPS $0.54 per share. Guidance raised.
“2023) – Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today reported first-quarter revenue of $1.4 billion, surpassing prior guidance, with strong commercial and operational execution. While first-quarter orders were down 8 percent on a reported basis and down 5 percent organically,”
Debt Financings
Xylem Inc. incurred revolving credit of $1,000,000,000 (available in U.S. dollars and in Euros) with increases of up to $300,000,000 for a maximum aggregate pri with Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC at Borrowings accrue interest at a rate equal to, at the Company’s election, a base maturing Five-Year.
“On March 1, 2023, Xylem Inc. (the “Company”), as borrower, entered into a Five-Year Revolving Credit Facility Agreement (the “2023 Credit Agreement”), a senior unsecured revolving credit facility, in an aggregate principal amount of up to $1,000,000,000 (available in U.S. dollars and in Euros), with a syndicate of lenders arranged by Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, as Lead Arrangers and Joint Bookrunners, and with Citibank, N.A., as Administrative Agent, JPMorgan Chase Bank, N.A, as Syndication Agent, ING Capital LLC, as Sustainability Structuring Agent, and BNP Paribas and Wells Fargo Bank, National Association, as Documentation Agents.”
Material Agreements
Xylem Inc. terminated 2019 Credit Agreement with Citibank, N.A. valued at $800,000,000 (effective 2023-03-01).
“In connection with entering into the 2023 Credit Agreement, on March 1, 2023 the Company terminated the Five-Year Revolving Credit Facility Agreement, dated March 5, 2019 (the “2019 Credit Agreement”), among the Company, certain lenders and Citibank, N.A. as Administrative Agent, which provided for a senior unsecured $800,000,000 revolving credit facility.”
Material Agreements
Xylem Inc. entered into 2023 Credit Agreement with Citibank, N.A., BNP Paribas Securities Corp., ING Bank N.V., Dublin Branch, JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC, Citibank, N.A., JPMorgan Chase Bank, N.A, ING Capital LLC, BNP Paribas and Wells Fargo Bank, National Association valued at $1,000,000,000 (effective 2023-03-01).
“On March 1, 2023, Xylem Inc. (the “Company”), as borrower, entered into a Five-Year Revolving Credit Facility Agreement (the “2023 Credit Agreement”), a senior unsecured revolving credit facility, in an aggregate principal amount of up to $1,000,000,000”
Earl R. Ellis was appointed as Director at Xylem Inc..
“On February 24, 2023, the Board of Directors (the “Board”) of the Company increased the size of the Board from 10 to 11 directors, and appointed Earl R. Ellis as a member of the Board to fill the vacancy, effective March 9, 2023.”
Earnings Releases
Xylem Inc. updated its full-year 2023 guidance (initiated).
“Xylem forecasts full-year 2023 revenue in the range of $5.70 to $5.80 billion, up 3 to 5 percent on a reported basis and up 4 to 6 percent on an organic basis. Full-year 2023 adjusted EBITDA margin is expected to be in the range of 17.5 to 18.0 percent, an increase of 50 to 100 basis points. This results in adjusted earnings per share of $3.00 to $3.25, which represents an increase of 5 to 14 percent from Xylem’s 2022 adjusted results.”
Earnings Releases
Xylem Inc. reported fiscal year ended December 31, 2022 results: revenue $5.5 billion, net income $355 million, or $1.96 per share, EPS $1.96 per share.
“water technology company dedicated to solving the world’s most challenging water issues, today reported fourth quarter revenue of $1.5 billion, and full-year 2022 revenue of $5.5 billion, surpassing prior guidance, with strong commercial and operational execution. While fourth quarter orders were down 9 percent on a reported basis and down 3 percent organically,”
Earnings Releases
Xylem Inc. reported quarter ended December 31, 2022 results: revenue $1.5 billion, net income $149 million, or $0.82 per share, EPS $0.82 per share.
“2023 – Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today reported fourth quarter revenue of $1.5 billion, and full-year 2022 revenue of $5.5 billion, surpassing prior guidance, with strong commercial and operational execution. While fourth quarter orders were down 9 percent on a”
Material Agreements
Xylem Inc. entered into Agreement and Plan of Merger with Evoqua Water Technologies Corp. (effective 2023-01-22).
“On January 22, 2023, Xylem Inc. (“Xylem”) and Fore Merger Sub, Inc., a wholly owned subsidiary of Xylem (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Evoqua Water Technologies Corp. (“Evoqua”).”
Matthew F. Pine was appointed as Chief Operating Officer at Xylem Inc..
“On December 19, 2022, the Board of Directors (“Board”) of Xylem Inc. (the “Company”) appointed Matthew F. Pine as the Company’s Chief Operating Officer, effective January 1, 2023.”
Governance Changes
Xylem Inc.: Adopted Fifth Amended and Restated By-laws updating shareholder nomination and proposal procedures, proxy card requirements, and removing political activities by-law (effective 2022-11-10).
“On November 10, 2022, the Board of Directors (the “Board”) of Xylem Inc. (the “Company”) adopted and approved the Company’s Fifth Amended and Restated By-laws (the “By-laws”), effective as of such date.”
Earnings Releases
Xylem Inc. reported the quarter ended September 30, 2022 results: revenue $1.4 billion, net income $12 million, or $0.07 per share, EPS $0.07. Guidance raised.
“2022 – Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, today reported third quarter revenue of $1.4 billion, surpassing previous guidance, with strong commercial and operational execution. While orders were down 7 percent on a reported basis, they were down 1 percent organically, with”
Jorge M. Gomez resigned as Director at Xylem Inc..
“Effective May 11, 2022, Jorge M. Gomez resigned as a director of Xylem Inc.”
Colin Sabol departed as Senior Vice President and President, Measurement and Control Solutions at Xylem Inc..
“Colin Sabol stepped down from his position with Xylem as Senior Vice President and President, Measurement and Control Solutions.”
Matthew F. Pine was appointed as Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions at Xylem Inc..
“On May 2, 2022, the Board of Directors (“Board”) of Xylem Inc. (“Xylem” or “Company”) appointed Matthew F. Pine to the office of Senior Vice President and President, Americas, Applied Water Systems and Measurement and Controls Solutions effective May 4, 2022.”
Mark D. Morelli was appointed as Director at Xylem Inc..
“On January 28, 2022, the Board of Directors (the “Board”) of the Company increased the size of the Board from 11 to 12 directors, and appointed Mark D. Morelli as a member of the Board to fill the vacancy, effective February 3, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.