Xylem is a leading global water technology company that designs, manufactures, and services highly engineered products and solutions across the water cycle. The company's offerings address customer needs of scarcity, resilience, quality, and affordability. Xylem has differentiated market positions in core application areas including transport, treatment, dewatering, analytic instrumentation and measurement, smart metering, infrastructure assessment services, digital software solutions, outsourced water services, filtration and separation, and disinfection. The company serves a diverse customer base in approximately 150 countries.

• Employees: 23,000 (as of December 31, 2023)
• Geographic Footprint: Approximately 150 countries
• Headquarters: Washington, DC
• Founded: Not available in filing
• Number of locations/facilities: Approximately 500
• Revenue: $7.4 billion (FY2023)
• Market Capitalization: $26.9 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: ADI, Flygt, Godwin, lonpure, Leopold, Magneto, Neptune Benson, Sanitaire, Wallace & Tiernan, Wedeco, Xylem Vue, A-C Fire Pump, Bell & Gossett, Flojet, Goulds Water Technology, Jabsco, Lowara, Standard Xchange, Pure Technologies, Sensus, Smith Blair, WTW, YSI, AquaPro, WaterOne, Ion Pure

• CEO: Matthew F. Pine
• CFO: William K. Grogan
• Board Chair: Robert F. Friel
• Other Key Executives: Rodney O. Aulick (Senior VP and President, Water Solutions and Services), Dorothy G. Capers (Senior VP, General Counsel), Franz W. Cerwinka (Senior VP and President, Applied Water Systems and Xylem Business Transformation), Michael J. McGann (Senior VP and President, Americas and Measurement and Control Solutions), Geri-Michelle McShane (VP, Controller and Chief Accounting Officer), Claudia S. Toussaint (Senior VP, Chief People and Sustainability Officer), Hayati Yarkadas (Senior VP and President, Europe, Water Infrastructure and Global Services)

Key leaders have extensive experience in their respective fields, with Matthew F. Pine assuming the role of CEO in 2024.

• Annual Revenue: $7.4 billion (FY2023)
• Net Income: $609 million (FY2023)
• Market Cap: $26.9 billion (as of June 30, 2023)
• Total Assets: $16.1 billion (as of December 31, 2023)
• Number of Employees: 23,000 (as of December 31, 2023)
• Key Financial Highlights: Revenue increased by 33.4% year-over-year, net income increased by 71.5% year-over-year.

Xylem offers a broad portfolio of products, services and solutions across the water cycle.

• Water and Wastewater Pumps: For transport and treatment.
• Filtration, Disinfection, and Biological Treatment Equipment: For water purification.
• Mobile Dewatering Equipment and Rental Services: For construction and industrial sites.
• Smart Meters and Networked Communication Devices: For water and energy management.
• Data Analytics and Software: For monitoring and optimization.
• Analytical Instrumentation: For measuring water quality.
• Preventative Maintenance and Rapid Response Services: For water infrastructure.
• Digitally Enabled/Outsourced Solutions: For water and wastewater systems.
• Environmental Remediation and Odor/Corrosion Control: For water treatment.

Xylem operates through four reportable business segments:

• Water Infrastructure: Focuses on the transport and treatment of water and wastewater. Revenue was $2,967 million in FY2023.
• Applied Water: Serves the water usage applications sector with pumps, valves, heat exchangers, and controls. Revenue was $1,853 million in FY2023.
• Measurement and Control Solutions: Provides technologies for intelligent use of water and energy resources. Revenue was $1,729 million in FY2023.
• Integrated Solutions and Services: Offers application-specific solutions and full lifecycle services for water and wastewater. Revenue was $815 million in FY2023.

Xylem's strategy is to help customers solve the world's greatest water challenges with innovative products, services and solutions. Key strategic pillars include:

• Drive Customer Success: Partnering with customers to meet their needs.
• Grow in Emerging Markets: Investing in regional capabilities in markets such as China, India, and Latin America.
• Strengthen Innovation and Technology: Creating new customer offerings with digital technologies.
• Build a High Impact Culture: Embedding a continuous improvement mindset.
• Cultivate Leadership and Talent Development: Fostering a diverse and inclusive culture.

The company is focused on integrating sustainability into its business model.

Xylem operates in the global water industry, which is facing challenges such as water scarcity, pollution, and aging infrastructure. The company competes with a large number of businesses, with key competitors including KSB Inc., Sulzer Ltd., Grundfos, United Rentals, Trojan (Veralto Corporation), Veolia, De Nora, and ProMinent in the Water Infrastructure segment; Grundfos, Wilo SE, Pentair plc and Franklin Electric Co., Inc. in the Applied Water segment; and Itron, Badger Meter, Landis+Gyr, Neptune (Roper), Kamstrup, Echologics (Mueller Water Products), Hach (Veralto Corporation) and Teledyne in the Measurement and Control Solutions segment. The company's market position is enhanced by its global distribution network and strong brand recognition.

• Industry and Economic Conditions: The company's performance is affected by overall industry and economic conditions, including inflation, interest rates, and government spending.
• Global Operations: The company's global sales and supply chain are subject to risks such as geopolitical instability, trade barriers, and supply chain disruptions.
• Supply Chain and Manufacturing: The company is exposed to risks related to the availability and cost of raw materials and components.
• Cybersecurity Incidents: The company's operations and connected products are susceptible to cybersecurity incidents, which could disrupt operations and compromise data.
• Competition and Innovation: The company faces competition from numerous businesses and must continuously innovate to maintain its market position.