| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,876 | $5,195 | $5,522 | $7,364 | $8,562 |
| Gross Profit | $1,830 | $1,975 | $2,084 | $2,717 | $3,212 |
| Operating Income | $367 | $585 | $622 | $652 | $1,009 |
| Net Income | $254 | $427 | $355 | $609 | $890 |

Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,876 | $5,195 | $5,522 | $7,364 | $8,562 |
| Gross Profit | $1,830 | $1,975 | $2,084 | $2,717 | $3,212 |
| Operating Income | $367 | $585 | $622 | $652 | $1,009 |
| Net Income | $254 | $427 | $355 | $609 | $890 |
Over the five-year period, Xylem Inc. exhibited a solid upward trend across key income statement metrics. Revenue increased from USD 4,876 million in 2020 to USD 8,562 million in 2024, representing a robust cumulative growth of around 75%. Gross profit followed a similar trend, growing from USD 1,830 million to USD 3,212 million, which suggests improving cost margins or increased pricing power. Notably, between 2022 and 2023, revenue surged by approximately 33%, a year-over-year change significantly above the 20% threshold, potentially driven by factors such as intensified market demand, positive industry fundamentals, or effective capitalizing on large-scale infrastructure investments in water and wastewater technologies. Operating income and net income also reflected overall performance improvements. Operating income rose from USD 367 million in 2020 to USD 1,009 million in 2024, with a notable increase of nearly 58% from 2022’s USD 622 million to 2024’s USD 1,009 million. Net income experienced substantial gains as well, climbing from USD 254 million to USD 890 million over the period. The jump in profitability margins, especially the significant year-to-year increase in net income from USD 355 million in 2022 to USD 609 million in 2023, suggests operational efficiencies and possibly a favorable shift in the company’s expense structure. Overall, Xylem Inc.’s financial health appears robust and sustainable, bolstered by consistent revenue growth, expanding profitability, and resilience within an industry that benefits from ongoing infrastructure investments and heightened environmental and regulatory focus.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.