Xylem (XYL) FY2021 results: revenue $5.2 billion, up 6.5% on the year
Xylem Inc. (XYL) reported revenue of $5.2 billion for fiscal 2021, the year ended 31 December 2021, up 6.5% on the year before. Net income was $427 million, up 68.1%, and diluted earnings per share $2.35. The figures are the company's own, from the 10-K it filed with the SEC on 25 February 2022.
Revenue
$5.2 billion
+6.5% on the year
FY2014FY2021
Operating margin
11.3%
7.5% a year earlier
FY2014FY2021
Net income
$427 million
+68.1% on the year
FY2014FY2021
Diluted EPS
$2.35
+67.9% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
538
824
839
-34.7%
Capital expenditure
208
183
226
+13.7%
Free cash flow
330
641
613
-48.5%
Free cash flow margin
6.4%
13.1%
11.7%
Cash from investing
-183
-169
-231
Cash from financing
-855
473
-177
Depreciation and amortisation
245
251
257
-2.4%
Share-based compensation
33.0
26.0
29.0
+26.9%
Buybacks
68.0
61.0
40.0
+11.5%
Dividends paid
203
188
174
+8.0%
Dividend per share
$1.12
$1.04
$0.96
+7.7%
Diluted shares, weighted
182m
181m
181m
+0.2%
Shares outstanding at period end
180m
180m
180m
+0.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,218
2,968
2,957
+8.4%
Non-controlling interest
8.0
8.0
10.0
0.0%
Debt
2,440
3,084
2,316
-20.9%
Operating lease liabilities
243
216
185
+12.5%
Other liabilities
2,367
2,474
2,242
-4.3%
Total liabilities and equity
8,276
8,750
7,710
-5.4%
Fixed assets
644
657
658
-2.0%
Goodwill
2,792
2,854
2,839
-2.2%
Intangible assets
1,016
1,093
1,174
-7.0%
Investments
n/a
n/a
0.0
Cash and equivalents
1,349
1,875
724
-28.1%
Receivables
953
923
1,036
+3.3%
Inventory
700
558
539
+25.4%
Other assets
822
790
740
+4.1%
Total assets
8,276
8,750
7,710
-5.4%
10-K for the year ended 31 December 2021, filed 25 February 2022: the filing.