XYL Xylem Inc. Common Stock New

NYSE · Machinery · View on SEC EDGAR ↗
$113.79
Price · Aug 18, 2026
Fundamentals as of Jul 28, 2026

About Xylem Inc. Common Stock New Company overview from Wikipedia

Xylem Inc. is a large American water technology provider, in public utility, industrial, commercial, agricultural and residential settings. The company does business in more than 150 countries. Launched in 2011 as the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in Washington, DC, with 2024 revenues of $8.6 billion and 23,000 employees worldwide.

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Xylem Inc. is a large American water technology provider, in public utility, industrial, commercial, agricultural and residential settings. The company does business in more than 150 countries. Launched in 2011 as the spinoff of the water-related businesses of ITT Corporation, Xylem is headquartered in Washington, DC, with 2024 revenues of $8.6 billion and 23,000 employees worldwide.

Xylem made its debut on the Fortune 500 list in 2024, ranking #486.

Its products and services are focused in two areas: water infrastructure, which consists of businesses serving clean water delivery, wastewater transport and treatment, dewatering and analytical instrumentation; and applied water, which is residential and commercial building services companies, as well as industrial and agricultural applications.

History

On January 12, 2011, Xylem's parent, ITT Corporation announced its plan to separate the company into three, stand-alone publicly traded, independent companies". The future water company was named Xylem, pronounced zi-lem. (The name "Xylem", derived from classical Greek, is the tissue that transports water in plants.) It comprises three business units – Water Solutions, Analytics, and Applied Water Systems.

ITT Corporation spun off its defense businesses into a company named ITT Exelis, and retained its corporate name, logo and "Engineered for life" company tagline for its other activities.

In March 2014, Patrick Decker succeeded Steven R. Loranger as the CEO and president of Xylem. Loranger was chairman, president and CEO of ITT Corporation when it spun its water businesses off as Xylem in October 2011.

In May 2023, Xylem completed the acquisition of Evoqua Water Technologies, a provider of water and wastewater treatment solutions and services, in an all-stock transaction valued at $7.5 billion. The combined company becomes the world's largest pure-play water technology company. The structure's projected pro forma revenue is $7.3 billion, with a global workforce of more than 22,000 employees.

The company's revenue for 2023 totalled $7.4 billion, exceeding the reported basis by 33%. The company's net profit totalled $266 million, with a net profit margin of 12.6%.

In May 2024, Xylem, in partnership with the German city of Weissenburg and the Technical University of Munich, launched a revolutionary water-related initiative, Reuse Brew. This is a traditional German pale lager beer made from recycled wastewater. This process, utilizing technology developed by Xylem, involves ozone injection, ultraviolet radiation, hydrogen peroxide pellets, and filtration through carbon and nano filters.

Brands

Flygt

Flygt is a manufacturer of dry and submersible pumps, submersible mixers and related intelligent control systems. Product development and manufacturing of Flygt products are based in Sweden.

History

In 1901, Per Alfred Stenberg established a foundry in the small town of Emmaboda in southern Sweden. One of the main products was molds for the glass industry. Per Alfred transferred ownership of the company to his sons. In 1922, Hilding Flygt set up a pump and fan sales company in Stockholm. Through a newspaper advertisement the two companies are brought into contact with one another in 1929, and led to the Stenberg brothers beginning to produce Flygt pumps in Emmaboda.

Sixten Englesson, chief engineer, invented the first submersible drainage pump in 1947 and the first submersible sewage pump in 1956. In 1968, the Stenberg family sold the company to ITT Corporation. During the 1970s, the product range was expanded with mixers and other products.

Goulds Water Technology

Goulds Water Technology is an American manufacturer of water pumps. Incorporated in the 19th century, Goulds Water is a brand of Xylem Inc.

History

The corporate history of Goulds Pumps began in Seneca Falls, New York in 1848, when Seabury S. Gould purchased the interests of Edward Mynderse and H.C. Silsby in Downs, Mynderse & Co., a pump making business which had started up in 1840. The company, known as Downs & Company until 1869, cast and assembled the world's first all-metal pump in 1849.

In 1869, the Goulds name was added, and the company became known as Goulds Manufacturing Company. The Gould family ran the operation from 1872 until 1964, renaming the company Goulds Pumps Incorporated in 1926.

In the 1960s, Goulds expanded by adding acquisitions of companies in California, Texas, Pennsylvania and New York. The company expanded under a joint operational agreement into China, Singapore and Korea. By the 1990s, Goulds expanded into Austria, Italy, Mexico and Venezuela.

In 1997, Goulds Pumps was purchased by ITT Industries. Goulds and ITT served 130 nations combined. Goulds Pumps was a subsidiary with its own name under ITT. Goulds Pumps management moved back to Seneca Falls in 1998.

Branding under Xylem

On October 31, 2011, Xylem Inc. completed its spinoff from ITT Corporation, and had 2011 revenues of $3.8 billion. Goulds Water Technology is a brand of Xylem Inc. providing pumps for residential, commercial and agricultural applications and Goulds Pumps remains a part of ITT Corporation providing pump products for the industrial market.

Xylem comprises three business units – Water Solutions, Analytics, and Applied Water Systems. These three units are interconnected, anticipating and reflecting evolving needs and sharing their applications expertise to cover every stage of the water cycle. The Goulds Water technology brand is part of the Applied Water Systems business unit that manufactures centrifugal and turbine pumps, controllers, variable frequency drives, and accessories for agricultural, building trades, commercial and light industrial water and products for wastewater applications.

HYPACK

HYPACK, a leading producer of hydrographic data acquisition and processing software, was acquired by Xylem in November, 2015.

YSI

YSI, a Xylem brand, is a developer and manufacturer of sensors, instruments, software, and data collection platforms for environmental water quality monitoring and testing.

Corporate history

The company reaches back to 1948 when a three-man partnership was forged at Antioch College in Yellow Springs, Ohio, US. This village, between Dayton and Columbus, still serves as the headquarters for what started as the Yellow Springs Instrument Company, and later became YSI Inc.

In 1985, Malte von Matthiessen succeeded Hardy Trolander as president. In 1999 Rick Omlor became president and COO, and in 2002 he became CEO when von Matthiessen retired. In 2011 Ron Geis was appointed new general manager of YSI; former CEO Rick Omlor continued as executive advisor.

In 2011 YSI merged with Analytics division of ITT Corp. to form the water company Xylem.

Branches

The firm opened branches in the 1990s in Japan (YSI (Japan) Limited), and then one in Hong Kong (YSI (Hong Kong) Limited). In the 2000s, they opened an office in Qingdao, China, followed by ones in Beijing and in Bahrain. They opened a specialized branch in Shanghai (Asian Hydroacoustics Center). In 2006 they opened an office in Ireland, in 2009 in Australia. and in 2010 in Abu Dhabi. In the US, they opened a Gulf Coast sales and service office in Baton Rouge, Louisiana in 2003.

Acquisitions

The firm acquired various companies in the 1980s: Design Analysis Associates, Inc., a firm founded by William I. Fletcher; and acquired Endeco, a Marion, Massachusetts, oceanographic data collection and monitoring company. In the 1990s they acquired Victory Engineering Company, in Springfield, New Jersey, to complement the YSI temperature product line, and SonTek, a precision water velocity measurement company, founded in California; they also acquired controlling interests in Clandon Scientific in England. In the 2000s, they acquired Hydrodta UK, and acquired the environmental business from AMJ Equipment Corp and renamed the new environmental monitoring and services company AMJ Environmental in St. Petersburg, Florida. In 2009, Design Analysis Associates in Logan, Utah, a manufacturer of data loggers and radar level sensors was acquired.

Xylem announced that it would buy Sensus USA Inc., an advanced metering technology manufacturer, in August 2016. The acquisition was completed on October 31, 2016 for $1.7 billion.

Products

The company from the start introduced the first commercial product in many categories: In 1952, they introduced the first quartz crystal electronic stopwatch, and the first practical electronic thermometer. In 1956, first commercial heart-lung machine, in 1957, the first instantaneous blood-gas analyzer.

They continued development in their key area of temperature measurement. They produced the first interchangeable thermistor temperature probes in 1955, and developed it into a complete line of precision interchangeable thermistors in 1961, and in 1965 developed the first linear thermistor temperature sensor, which Industrial Research magazine recognized as one of the 100 most significant new technological products of the year. In other analytical instruments, they produced the first practical dissolved oxygen meter for field and laboratory use in 1965, which the same magazine recognized as yet another of the most significant technological products of the year.

Their oxygen meter had used the technique of polarography, and they developed further products on the same principle, including the first immobilized-enzyme-activated polarographic sensor in 1972. They then developed further biomedical instrumentation: the first commercially successful whole blood glucose analyzer in 1975, the first commercial alcohol measurement instrument using immobilized enzyme electrode technology in 1982. They continued using immobilized enzyme techniques, for the first direct whole-blood L-lactate assays using immobilized enzyme electrode also in 1982. They also continued developing thermal technology, with the first commercial gallium melting-point temperature standard (29.7715 °C) in 1977 and the first robotic-manufactured glass-encapsulated precision thermistors in 1996.

They produced their first environmental monitoring instrument, a dissolved oxygen sensor, in 1992. They then developed instrumentation for conductivity measurement of ultrapure water in 1996, and the first accurate commercial fiber-optic based CO2 measurement system, in 1998.

Beginning in the late 1990s, they began producing analytical software and integrated analytical instrumentation: BOD Analyst(TM), software that automates BOD testing. They also began developing integrated analytical systems: the YSI 600 QS Quick Sample multiparameter spot sampling system, the YSI 5200 Recirculating System Monitor, and the YSI 7100 Multiparameter Bioanalytical System (MBS).

Charitable

In the spring of 2015, Gulf Specimen Marine Laboratory, a small nonprofit educational and scientific marine supply company, raised over $72,000 in a social media campaign to replace their ancient and failing Wedeco ozonator system for water purification required in their aquarium. Xylem Inc provided their new ozonator system "at cost", with full engineering support and installation allowing GSML to have the new system with the funds they had raised.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

XYL Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$113.79
Market Cap
$27.72B
P/E (TTM)
29.0
EPS (TTM)
$3.92
Revenue (TTM)
$9.04B
Div Yield
1.4%
ROE
8.6%
Debt/Equity
0.2
52W Range
$105 – $154

XYL Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $9.04B
10-point trend, +139.6%
2016-12-31 2025-12-31
EPS $3.92
10-point trend, +170.3%
2016-12-31 2025-12-31
Free Cash Flow $910M
10-point trend, +144.0%
2016-12-31 2025-12-31
Margins 10.6%
10-point trend, -0.7%
2016-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
XYL
Peer Median
P/E (TTM)
5-point trend, -31.9%
29.0
29.6
P/S (TTM)
5-point trend, -11.8%
3.1
4.4
P/B
5-point trend, -57.0%
2.4
3.6
EV / EBITDA
5-point trend, -31.7%
15.7
Price / FCF
5-point trend, -44.4%
30.5

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
XYL
Peer Median
Gross Margin
5-point trend, +1.2%
38.5%
39.3%
Operating Margin
5-point trend, +20.2%
13.5%
Net Profit Margin
5-point trend, +28.8%
10.6%
12.7%
ROA
5-point trend, +11.8%
5.6%
7.4%
ROE
5-point trend, -37.4%
8.6%
13.9%
ROIC
5-point trend, -15.2%
7.3%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
XYL
Peer Median
Debt / Equity
5-point trend, -77.7%
0.2
Current Ratio
5-point trend, -28.5%
1.6
1.5
Quick Ratio
5-point trend, -31.5%
1.1

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
XYL
Peer Median
Revenue YoY
5-point trend, +73.9%
5.5%
Revenue CAGR 3Y
5-point trend, +73.9%
17.8%
Revenue CAGR 5Y
5-point trend, +73.9%
13.1%
EPS YoY
5-point trend, +66.8%
7.4%
Net Income YoY
5-point trend, +124.1%
7.5%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
XYL
Peer Median
EPS (Diluted)
5-point trend, +66.8%
$3.92

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
XYL
Peer Median
Payout Ratio
5-point trend, -14.1%
40.9%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
1.4%
Payout Ratio
40.9%
5Y Div CAGR
Ex-dateAmount
May 28, 2026$0.4300
Feb. 24, 2026$0.4300
Nov. 25, 2025$0.4000
Aug. 28, 2025$0.4000
May 29, 2025$0.4000
Feb. 18, 2025$0.4000
Nov. 26, 2024$0.3600
Aug. 29, 2024$0.3600
May 30, 2024$0.3600
Feb. 20, 2024$0.3600
Nov. 20, 2023$0.3300
Aug. 30, 2023$0.3300
May 26, 2023$0.3300
Feb. 21, 2023$0.3300
Nov. 21, 2022$0.3000
Aug. 31, 2022$0.3000
May 25, 2022$0.3000
Feb. 16, 2022$0.3000
Nov. 22, 2021$0.2800
Aug. 25, 2021$0.2800

XYL Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 28 analysts
  • Strong Buy 8 28.6%
  • Buy 11 39.3%
  • Hold 9 32.1%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

17 analysts · 2026-08-15
Median target $159.00 +39.7%
Mean target $153.24 +34.7%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.07%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.46 $1.35 0.11%
March 31, 2026 $1.12 $1.10 0.02%
Dec. 31, 2025 $1.42 $1.42 -0.00%
Sept. 30, 2025 $1.37 $1.25 0.12%
June 30, 2025 $1.26 $1.17 0.09%
March 31, 2025 $1.03 $0.96 0.07%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
XYL $33.17B 34.7 5.5% 10.6% 8.6% 38.5%
PH 25.8 -0.40% 17.8% 27.4%
ITW $71.08B 23.5 0.92% 19.1% 95.3%
IR $30.98B 54.6 5.8% 7.6% 5.7% 43.6%
DOV 24.6 4.5% 13.5% 14.7% 39.8%
OTIS 25.0 1.2% 9.6% -27.0%
SYM $30.81B -325.9 25.7% -0.75% -8.1% 18.8%
SNA 18.3 0.93% 19.7% 18.0%
ITT 28.4 8.5% 12.4% 14.2% 35.4%
FTV $17.30B 31.9 1.9% 13.9% 7.0% 63.5%
IEX $16.03B 27.8 5.8% 14.0% 12.3% 44.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +130.7% $9.04B $8.56B $7.36B $5.52B $5.20B $4.88B $5.25B $5.21B $4.71B $3.77B $3.65B $3.92B
Cost of Revenue 12-point trend, +131.4% $5.56B $5.35B $4.65B $3.44B $3.22B $3.05B $3.20B $3.18B $2.86B $2.31B $2.25B $2.40B
Gross Profit 12-point trend, +129.7% $3.48B $3.21B $2.72B $2.08B $1.98B $1.83B $2.05B $2.03B $1.85B $1.46B $1.40B $1.51B
R&D Expense 12-point trend, +117.3% $226M $230M $232M $206M $204M $187M $191M $189M $181M $110M $95M $104M
SG&A Expense 12-point trend, +109.0% $1.92B $1.91B $1.76B $1.23B $1.18B $1.14B $1.16B $1.16B $1.09B $914M $854M $920M
Operating Income 12-point trend, +164.1% $1.22B $1.01B $652M $622M $585M $367M $486M $654M $552M $408M $449M $463M
Interest Expense 10-point trend, -9.3% · · $49M $50M $76M $77M $67M $82M $82M $70M $55M $54M
Other Non-op 12-point trend, +1700.0% $18M $16M $33M $7M $0 $-5M $-4M $13M $6M $2M $0 $1M
Pretax Income 12-point trend, +180.5% $1.18B $1.09B $635M $440M $511M $285M $416M $585M $466M $340M $403M $421M
Income Tax 12-point trend, +175.0% $231M $197M $26M $85M $84M $31M $15M $36M $136M $80M $63M $84M
Net Income 12-point trend, +184.0% $957M $890M $609M $355M $427M $254M $401M $549M $331M $260M $340M $337M
EPS (Basic) 12-point trend, +113.6% $3.93 $3.67 $2.81 $1.97 $2.37 $1.41 $2.23 $3.05 $1.84 $1.45 $1.88 $1.84
EPS (Diluted) 12-point trend, +114.2% $3.92 $3.65 $2.79 $1.96 $2.35 $1.40 $2.21 $3.03 $1.83 $1.45 $1.87 $1.83
Shares (Basic) 12-point trend, +32.9% 243,400,000 242,600,000 217,000,000 180,200,000 180,200,000 180,100,000 180,000,000 179,800,000 179,600,000 179,100,000 180,900,000 183,100,000
Shares (Diluted) 12-point trend, +32.5% 244,000,000 243,500,000 218,200,000 181,000,000 181,500,000 181,100,000 181,200,000 181,100,000 180,900,000 180,000,000 181,700,000 184,200,000
EBITDA 12-point trend, +197.2% $1.80B $1.57B $1.09B $858M $830M $618M $743M $915M $790M $557M $582M $605M
Balance Sheet 29
Annual Balance Sheet data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +123.1% $1.48B $1.12B $1.02B $944M $1.35B $1.88B $724M $296M $414M $308M $680M $663M
Short-term Investments · · · · · · $0 · · · · ·
Receivables 12-point trend, +128.1% $1.76B $1.67B $1.62B $1.10B $953M $923M $1.04B $1.03B $956M $843M $749M $771M
Inventory 12-point trend, +102.3% $983M $996M $1.02B $799M $700M $558M $539M $595M $524M $522M $433M $486M
Prepaid Expense 12-point trend, +69.4% $244M $236M $230M $173M $158M $167M $151M $172M $177M $166M $143M $144M
Current Assets 12-point trend, +124.9% $4.64B $4.10B $3.88B $3.01B $3.16B $3.52B $2.45B $2.09B $2.07B $1.84B $2.00B $2.06B
PP&E (Net) 12-point trend, +151.4% $1.16B $1.15B $1.17B $630M $644M $657M $658M $656M $643M $616M $439M $461M
PP&E (Gross) 12-point trend, +121.1% $2.80B $2.59B $2.47B $1.79B $1.83B $1.81B $1.70B $1.63B $1.58B $1.44B $1.24B $1.26B
Accum. Depreciation 12-point trend, +103.7% $1.64B $1.43B $1.30B $1.16B $1.18B $1.16B $1.04B $976M $933M $822M $800M $804M
Goodwill 12-point trend, +409.6% $8.33B $7.98B $7.59B $2.72B $2.79B $2.85B $2.84B $2.98B $2.77B $2.63B $1.58B $1.64B
Intangibles 12-point trend, +383.4% $2.27B $2.38B $2.53B $930M $1.02B $1.09B $1.17B $1.23B $1.17B $1.20B $435M $470M
Other Non-current Assets 12-point trend, +505.9% $1.23B $884M $943M $661M $664M $623M $589M $264M $210M $186M $194M $203M
Total Assets 12-point trend, +264.9% $17.63B $16.49B $16.11B $7.95B $8.28B $8.75B $7.71B $7.22B $6.86B $6.47B $4.66B $4.83B
Accounts Payable 12-point trend, +199.7% $1.01B $1.01B $968M $723M $639M $569M $597M $586M $549M $457M $338M $338M
Accrued Liabilities 12-point trend, +159.9% $1.24B $1.27B $1.22B $867M $752M $787M $628M $546M $551M $521M $407M $476M
Short-term Debt 12-point trend, +500.0% $534M $38M $16M $0 $0 $600M $276M $257M $0 $260M $78M $89M
Current Liabilities 12-point trend, +216.3% $2.86B $2.34B $2.21B $1.59B $1.39B $1.96B $1.50B $1.39B $1.10B $1.24B $823M $903M
Capital Leases 7-point trend, +73.5% $321M $242M $272M $228M $243M $216M $185M · · · · ·
Deferred Tax 12-point trend, +197.8% $405M $497M $557M $222M $287M $242M $310M $303M $252M $352M $118M $136M
Total Liabilities 12-point trend, +117.5% $5.88B $5.61B $5.94B $4.45B $5.05B $5.77B $4.74B $4.44B $4.34B $4.27B $2.57B $2.71B
Long-term Debt 2-point trend, -3.8% $1.95B $2.03B · · · · · · · · · ·
Total Debt 12-point trend, +62.0% $1.94B $2.02B $2.28B $1.88B $2.44B $3.08B $2.32B $2.31B $2.20B $2.37B $1.27B $1.20B
Common Stock 12-point trend, +50.0% $3M $3M $3M $2M $2M $2M $2M $2M $2M $2M $2M $2M
Retained Earnings 12-point trend, +471.9% $3.71B $3.14B $2.60B $2.29B $2.15B $1.93B $1.87B $1.64B $1.23B $1.03B $885M $648M
Treasury Stock 12-point trend, +249.1% $768M $753M $733M $708M $656M $588M $527M $487M $428M $403M $399M $220M
AOCI 12-point trend, -122.2% $-220M $-435M $-269M $-226M $-371M $-413M $-375M $-336M $-210M $-318M $-238M $-99M
Stockholders' Equity 12-point trend, +439.7% $11.48B $10.64B $10.17B $3.49B $3.22B $2.97B $2.96B $2.77B $2.50B $2.19B $2.08B $2.13B
Liabilities + Equity 12-point trend, +264.9% $17.63B $16.49B $16.11B $7.95B $8.28B $8.75B $7.71B $7.22B $6.86B $6.47B $4.66B $4.83B
Shares Outstanding 12-point trend, +33.6% 243,584,000 242,985,000 241,504,000 180,253,000 180,392,000 180,354,000 180,140,000 179,724,000 179,862,000 179,367,000 178,377,000 182,300,000
Cash Flow 18
Annual Cash Flow data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +304.9% $575M $562M $436M $236M $245M $251M $257M $261M $234M $151M $133M $142M
Stock-based Comp 12-point trend, +194.4% $53M $56M $60M $37M $33M $26M $29M $30M $21M $18M $15M $18M
Deferred Tax 12-point trend, -20.7% $-35M $-36M $-79M $-64M $10M $-31M $-77M $-47M $-33M $14M $-9M $-29M
Amort. of Intangibles 12-point trend, +555.3% $308M $304M $243M $125M $127M $134M $140M $144M $125M $64M $45M $47M
Restructuring 12-point trend, +265.4% $95M $55M $72M $15M $6M $54M $53M $20M $20M $30M $6M $26M
Other Non-cash 12-point trend, -494.2% $-309M $-209M $-189M $32M $-177M $324M $229M $-207M $133M $54M $-15M $-52M
Operating Cash Flow 12-point trend, +198.3% $1.24B $1.26B $837M $596M $538M $824M $839M $586M $686M $497M $464M $416M
CapEx 12-point trend, +178.2% $331M $321M $271M $208M $208M $183M $226M $237M $170M $124M $117M $119M
Investing Cash Flow 12-point trend, -447.7% $-471M $-482M $-628M $-191M $-183M $-169M $-231M $-643M $-181M $-1.89B $-132M $-86M
Net Debt Issued 10-point trend, +86.5% $-82M $-17M $-160M $-527M $-600M $0 $0 $-120M $0 $-608M · ·
Stock Repurchased 12-point trend, -88.8% $15M $20M $25M $52M $68M $61M $40M $59M $25M $4M $179M $134M
Net Stock Activity 12-point trend, +88.8% $-15M $-20M $-25M $-52M $-68M $-61M $-40M $-59M $-25M $-4M $-179M $-134M
Dividends Paid 12-point trend, +316.0% $391M $350M $299M $217M $203M $188M $174M $152M $130M $112M $102M $94M
Financing Cash Flow 12-point trend, -240.8% $-501M $-615M $-157M $-790M $-855M $473M $-177M $-40M $-421M $1.03B $-262M $-147M
Net Change in Cash 12-point trend, +175.4% $358M $102M $75M $-405M $-526M $1.15B $428M $-118M $106M $-372M $17M $130M
Taxes Paid 12-point trend, +229.6% $267M $219M $211M $91M $83M $41M $107M $75M $57M $78M $75M $81M
Free Cash Flow 12-point trend, +206.4% $910M $942M $566M $388M $330M $641M $613M $349M $516M $373M $347M $297M
Levered FCF 10-point trend, +104.5% · · $519M $348M $266M $572M $548M $272M $458M $319M $301M $254M
Profitability 8
Annual Profitability data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 12-point trend, -0.5% 38.5% 37.5% 36.9% 37.7% 38.0% 37.5% 39.0% 38.9% 39.3% 38.7% 38.4% 38.6%
Operating Margin 12-point trend, +14.6% 13.5% 11.8% 8.8% 11.3% 11.3% 7.5% 9.3% 12.6% 11.8% 10.8% 12.3% 11.8%
Net Margin 12-point trend, +23.0% 10.6% 10.4% 8.3% 6.4% 8.2% 5.2% 7.6% 10.5% 7.0% 6.9% 9.3% 8.6%
Pretax Margin 12-point trend, +21.6% 13.1% 12.7% 8.6% 8.0% 9.8% 5.8% 7.9% 11.2% 9.9% 9.0% 11.0% 10.8%
EBITDA Margin 12-point trend, +28.8% 19.9% 18.4% 14.8% 15.5% 16.0% 12.7% 14.2% 17.6% 16.8% 14.8% 15.9% 15.4%
ROA 12-point trend, -19.0% 5.6% 5.5% 5.1% 4.4% 5.0% 3.1% 5.4% 7.8% 5.0% 4.7% 7.2% 6.9%
ROE 12-point trend, -43.9% 8.6% 8.6% 8.9% 10.6% 13.8% 8.6% 14.0% 20.8% 14.1% 12.2% 16.2% 15.4%
ROIC 12-point trend, -34.2% 7.3% 6.5% 5.0% 9.3% 8.6% 5.4% 8.9% 12.1% 8.4% 6.8% 11.3% 11.1%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -29.8% 1.6 1.8 1.8 1.9 2.3 1.8 1.6 1.5 1.9 1.5 2.4 2.3
Quick Ratio 12-point trend, -28.2% 1.1 1.2 1.2 1.3 1.7 1.4 1.2 1.0 1.2 0.9 1.7 1.6
Debt / Equity 12-point trend, -70.0% 0.2 0.2 0.2 0.5 0.8 1.0 0.8 0.8 0.9 1.1 0.6 0.6
LT Debt / Equity 12-point trend, -78.3% 0.1 0.2 0.2 0.5 0.8 0.8 0.7 0.7 0.9 1.0 0.6 0.6
Interest Coverage 10-point trend, +55.2% · · 13.3 12.4 7.7 4.8 7.3 8.0 6.8 5.8 8.2 8.6
Efficiency 3
Annual Efficiency data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, -34.3% 0.5 0.5 0.6 0.7 0.6 0.6 0.7 0.7 0.7 0.7 0.8 0.8
Inventory Turnover 12-point trend, +12.4% 5.6 5.3 5.1 4.6 5.1 5.6 5.6 5.7 5.5 4.8 4.9 5.0
Receivables Turnover 12-point trend, +6.9% 5.3 5.2 5.4 5.4 5.5 5.0 5.1 5.2 5.2 4.7 4.8 4.9
Per Share 6
Annual Per Share data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share 12-point trend, +303.9% $47.13 $43.80 $42.09 $19.38 $17.84 $16.46 $16.41 $15.40 $13.92 $12.21 $11.68 $11.67
Revenue / Share 12-point trend, +74.2% $37.03 $35.16 $33.75 $30.51 $28.62 $26.92 $28.97 $28.75 $26.02 $20.95 $20.10 $21.25
Cash Flow / Share 12-point trend, +125.3% $5.09 $5.19 $3.84 $3.29 $2.96 $4.55 $4.63 $3.24 $3.79 $2.76 $2.55 $2.26
Cash / Share 12-point trend, +66.9% $6.07 $4.61 $4.22 $5.24 $7.48 $10.40 $4.02 $1.65 $2.30 $1.72 $3.81 $3.64
Dividend / Share 12-point trend, +31272.5% $2 $1 $1 $1 $1 $1 $1 $1 $1 $1 $1 $0
EPS (TTM) 12-point trend, +114.2% $3.92 $3.65 $2.79 $1.96 $2.35 $1.40 $2.21 $3.03 $1.83 $1.45 $1.87 $1.83
Growth Rates 10
Annual Growth Rates data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -15.6% 5.5% 16.3% 33.4% 6.3% 6.5% · · · · · · ·
Revenue CAGR 3Y 3-point trend, +21.1% 17.8% 18.1% 14.7% · · · · · · · · ·
Revenue CAGR 5Y 13.1% · · · · · · · · · · ·
EPS YoY 5-point trend, -89.1% 7.4% 30.8% 42.4% -16.6% 67.9% · · · · · · ·
EPS CAGR 3Y 3-point trend, +0.6% 26.0% 15.8% 25.8% · · · · · · · · ·
EPS CAGR 5Y 22.9% · · · · · · · · · · ·
Net Income YoY 5-point trend, -88.9% 7.5% 46.1% 71.5% -16.9% 68.1% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +15.8% 39.2% 27.7% 33.8% · · · · · · · · ·
Net Income CAGR 5Y 30.4% · · · · · · · · · · ·
Dividend CAGR 5Y 15.8% · · · · · · · · · · ·
Valuation (TTM) 17
Annual Valuation (TTM) data for XYL
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +130.7% $9.04B $8.56B $7.36B $5.52B $5.20B $4.88B $5.25B $5.21B $4.71B $3.77B $3.65B $3.92B
Net Income TTM 12-point trend, +184.0% $957M $890M $609M $355M $427M $254M $401M $549M $331M $260M $340M $337M
Market Cap 12-point trend, +378.0% $33.17B $28.19B $27.62B $19.93B $21.63B $18.36B $14.19B $11.99B $12.27B $8.88B $6.51B $6.94B
Enterprise Value 12-point trend, +349.9% $33.63B $29.09B $28.88B $20.87B $22.72B $19.57B $15.79B $14.00B $14.05B $10.94B $7.10B $7.48B
P/E 12-point trend, +67.0% 34.7 31.8 41.0 56.4 51.0 72.7 35.7 22.0 37.3 34.2 19.5 20.8
P/S 12-point trend, +107.2% 3.7 3.3 3.8 3.6 4.2 3.8 2.7 2.3 2.6 2.4 1.8 1.8
P/B 12-point trend, -11.4% 2.9 2.6 2.7 5.7 6.7 6.2 4.8 4.3 4.9 4.1 3.1 3.3
P / Tangible Book 3-point trend, -93.1% 37.9 99.6 552.4 · · · · · · · · ·
P / Cash Flow 12-point trend, +60.2% 26.7 22.3 33.0 33.4 40.2 22.3 16.9 20.5 17.9 17.9 14.0 16.7
P / FCF 12-point trend, +56.0% 36.5 29.9 48.8 51.4 65.6 28.6 23.2 34.4 23.8 23.8 18.8 23.4
EV / EBITDA 12-point trend, +51.4% 18.7 18.5 26.5 24.3 27.4 31.7 21.2 15.3 17.8 19.6 12.2 12.4
EV / FCF 12-point trend, +46.8% 37.0 30.9 51.0 53.8 68.9 30.5 25.8 40.1 27.2 29.3 20.5 25.2
EV / Revenue 12-point trend, +95.0% 3.7 3.4 3.9 3.8 4.4 4.0 3.0 2.7 3.0 2.9 1.9 1.9
Dividend Yield 12-point trend, -12.6% 1.2% 1.2% 1.1% 1.1% 0.94% 1.0% 1.2% 1.3% 1.1% 1.3% 1.6% 1.4%
Earnings Yield 12-point trend, -40.1% 2.9% 3.1% 2.4% 1.8% 2.0% 1.4% 2.8% 4.5% 2.7% 2.9% 5.1% 4.8%
Payout Ratio 12-point trend, +46.5% 40.9% 39.3% 49.1% 61.1% 47.5% 74.0% 43.4% 27.7% 39.3% 43.1% 30.0% 27.9%
Annual Payout 12-point trend, +316.0% $391M $350M $299M $217M $203M $188M $174M $152M $130M $112M $102M $94M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $9.04B$8.56B$7.36B$5.52B$5.20B
Gross Margin % 38.5%37.5%36.9%37.7%38.0%
Operating Margin % 13.5%11.8%8.8%11.3%11.3%
Net Income $957M$890M$609M$355M$427M
Diluted EPS $3.92$3.65$2.79$1.96$2.35
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.20.20.20.50.8
Current Ratio 1.61.81.81.92.3
Quick Ratio 1.11.21.21.31.7
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $910M$942M$566M$388M$330M

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Institutional owners (13F) 1,172 filers · $15.4B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
119 (-14 vs prior Q) 110 (-8 vs prior Q) 362 (-32 vs prior Q) 422 (+44 vs prior Q) +24.8M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD CAPITAL MANAGEMENT LLC $1,836,205,578 15,533,420 11.92% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $1,491,678,751 12,618,888 9.69% Shares
STATE STREET CORP $1,352,874,322 11,444,669 8.78% Shares
GEODE CAPITAL MANAGEMENT, LLC $655,282,875 5,568,926 4.25% Shares
Impax Asset Management Group plc $528,278,564 4,468,984 3.43% Shares
Pictet Asset Management Holding SA $477,526,999 4,039,771 3.10% Shares
Swedbank AB $468,116,921 3,960,045 3.04% Shares
NORGES BANK $300,779,671 2,544,452 1.95% Shares
HSBC HOLDINGS PLC $274,956,696 2,326,002 1.79% Shares
VICTORY CAPITAL MANAGEMENT INC $244,807,354 2,070,953 1.59% Shares
Mirova US LLC $201,807,403 1,707,194 1.31% Shares
DIMENSIONAL FUND ADVISORS LP $198,381,361 1,678,211 1.29% Shares
Navera Investment Management Ltd. $187,970,441 1,589,616 1.22% Shares
VANGUARD FIDUCIARY TRUST CO $157,795,574 1,334,875 1.02% Shares
BANK OF AMERICA CORP /DE/ $144,852,406 1,225,382 0.94% Shares
AVIVA PLC $137,379,525 1,162,165 0.89% Shares
GOLDMAN SACHS GROUP INC $119,710,676 1,012,695 0.78% Shares
KING LUTHER CAPITAL MANAGEMENT CORP $117,859,389 997,034 0.77% Shares
Candriam S.C.A. $116,001,003 982,258 0.75% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $115,314,328 975,504 0.75% Shares
FIRST TRUST ADVISORS LP $108,901,051 921,253 0.71% Shares
ABN AMRO Bank N.V. $105,522,662 892,400 0.69% Shares
Robeco Schweiz AG $96,158,043 813,451 0.62% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $96,097,283 812,937 0.62% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $94,108,282 787,517 0.61% Shares
RENAISSANCE TECHNOLOGIES LLC $93,441,577 790,471 0.61% Shares
ENVESTNET ASSET MANAGEMENT INC $93,257,479 788,919 0.61% Shares
BARCLAYS PLC $89,820,095 759,835 0.58% Shares
Man Group plc $89,338,862 755,764 0.58% Shares
AMERICAN CENTURY COMPANIES INC $85,559,581 723,793 0.56% Shares
STOREBRAND ASSET MANAGEMENT AS $84,910,243 718,300 0.55% Shares
LAZARD ASSET MANAGEMENT LLC $82,766,977 700,169 0.54% Shares
PARNASSUS INVESTMENTS, LLC $81,591,615 690,226 0.53% Shares
Swiss National Bank $81,067,472 685,792 0.53% Shares
DAVENPORT & Co LLC $76,782,522 652,616 0.50% Shares
CITADEL ADVISORS LLC $73,964,233 625,702 0.48% Shares
MORGAN STANLEY $71,136,532 601,781 0.46% Shares
D. E. Shaw & Co., Inc. $70,995,153 600,585 0.46% Shares
Legal & General Group Plc $70,954,488 600,241 0.46% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $69,740,235 589,969 0.45% Shares
FERNBRIDGE CAPITAL MANAGEMENT LP $67,688,701 572,614 0.44% Shares
WELLS FARGO & COMPANY/MN $66,907,007 566,001 0.43% Shares
BlackRock, Inc. $66,474,684 562,344 0.43% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $64,604,720 546,525 0.42% Shares
BNP PARIBAS FINANCIAL MARKETS $63,994,520 541,363 0.42% Shares
Sumitomo Mitsui Trust Group, Inc. $63,265,756 535,198 0.41% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $63,243,532 535,010 0.41% Shares
Vanguard Global Advisers, LLC $60,560,165 512,310 0.39% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $60,386,723 510,717 0.39% Shares
CRAWFORD INVESTMENT COUNSEL INC $60,107,013 508,477 0.39% Shares
LPL Financial LLC $59,444,939 502,876 0.39% Shares
Gotham Asset Management, LLC $54,445,635 460,584 0.35% Shares
GABELLI FUNDS LLC $53,287,058 450,783 0.35% Shares
RHUMBLINE ADVISERS $52,365,016 442,984 0.34% Shares
VANGUARD ASSET MANAGEMENT, Ltd $51,379,149 434,643 0.33% Shares
California Public Employees Retirement System $50,719,183 429,060 0.33% Shares
CHILTON INVESTMENT CO INC. $49,827,288 421,515 0.32% Shares
COUNTRY TRUST BANK $49,603,162 419,619 0.32% Shares
National Pension Service $48,391,982 409,373 0.31% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $47,358,448 396,305 0.31% Shares
Welch & Forbes LLC $46,807,373 395,967 0.30% Shares
Raiffeisen Bank International AG $45,410,888 389,025 0.29% Shares
WELLINGTON MANAGEMENT GROUP LLP $43,619,726 369,002 0.28% Shares
Rathbones Group PLC $39,881,571 337,379 0.26% Shares
DUFF & PHELPS INVESTMENT MANAGEMENT CO $39,773,764 336,467 0.26% Shares
MILLENNIUM MANAGEMENT LLC $39,127,983 331,004 0.25% Shares
Fisher Asset Management, LLC $39,084,354 330,634 0.25% Shares
Eurizon Capital SGR S.p.A. $38,432,118 325,259 0.25% Shares
Baird Financial Group, Inc. $38,386,688 324,733 0.25% Shares
GAMCO INVESTORS, INC. ET AL $38,068,703 322,043 0.25% Shares
CINCINNATI INSURANCE CO $38,028,157 321,700 0.25% Shares
Sequoia Financial Advisors, LLC $33,552,098 283,835 0.22% Shares
J. Stern & Co. LLP $32,884,485 278,187 0.21% Shares
Aberdeen Group plc $32,546,641 275,329 0.21% Shares
CANADA PENSION PLAN INVESTMENT BOARD $31,844,828 269,392 0.21% Shares
PINNACLE ASSOCIATES LTD $31,317,105 264,928 0.20% Shares
ALLIANCEBERNSTEIN L.P. $30,275,564 253,352 0.20% Shares
MIROVA $30,005,954 253,836 0.19% Shares
Redwood Grove Capital, LLC $29,092,900 246,112 0.19% Shares
FIL Ltd $28,614,031 242,061 0.19% Shares
Robeco Institutional Asset Management B.V. $28,077,358 237,521 0.18% Shares
ASR Vermogensbeheer N.V. $28,035,078 237,166 0.18% Shares
KLP KAPITALFORVALTNING AS $28,004,303 236,903 0.18% Shares
Triodos Investment Management BV $27,838,455 235,500 0.18% Shares
Hemenway Trust Co LLC $27,209,990 230,183 0.18% Shares
APG Asset Management N.V. $26,192,619 253,329 0.17% Shares
OFI INVEST ASSET MANAGEMENT $25,754,639 248,180 0.17% Shares
TWO SIGMA INVESTMENTS, LP $25,636,084 216,869 0.17% Shares
Champlain Investment Partners, LLC $25,156,270 212,810 0.16% Shares
JUPITER ASSET MANAGEMENT LTD $24,393,934 206,361 0.16% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $24,341,094 205,914 0.16% Shares
TRILLIUM ASSET MANAGEMENT, LLC $24,022,851 203,219 0.16% Shares
STRS OHIO $23,960,340 202,693 0.16% Shares
Allspring Global Investments Holdings, LLC $23,885,154 203,677 0.16% Shares
Foresight Group Ltd Liability Partnership $23,850,160 202,120 0.15% Shares
Erste Asset Management GmbH $23,784,951 203,836 0.15% Shares
UBS Group AG $23,663,987 200,186 0.15% Shares
Covea Finance $22,461,319 190,012 0.15% Shares
AXA Investment Managers S.A. $21,674,388 146,945 0.14% Shares
DUDLEY & SHANLEY, INC. $21,401,920 181,050 0.14% Shares

Company insiders 46 insiders · 29 officers · 17 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Patrick Decker President & CEO March 1, 2022 A 263,181 0 0 $0
Gretchen W Mcclain President & CEO March 5, 2013 F 401,824 0 0 $0
Sandra E. Rowland Chief Financial Officer March 1, 2022 A 12,238 0 0 $0
Mark E Rajkowski SVP, CFO Feb. 27, 2020 A 51,953 0 0 $0
Shashank Patel Interim CFO March 1, 2016 F 16,440 0 0 $0
Michael T Speetzen Chief Financial Officer & SVP May 4, 2015 S 49,601 0 0 $0
Matthew Francis Pine Senior Vice President Nov. 4, 2022 S 22,819 0 0 $0
David Flinton Senior Vice President Nov. 4, 2022 F 13,233 0 0 $0
Claudia S Toussaint Senior Vice President Sept. 6, 2022 S 40,786 0 0 $0
Hayati Yarkadas Senior Vice President June 27, 2022 M 9,556 0 0 $0
Franz Cerwinka SVP and President, Emerging Ma June 14, 2022 S 11,688 0 0 $0
Colin R Sabol Senior Vice President April 18, 2022 S 27,373 0 0 $0
Dorothy Trefon Capers Senior Vice President March 1, 2022 A 4,106 0 0 $0
Geri-Michelle Mcshane Chief Accounting Officer March 1, 2022 A 2,858 0 0 $0
Kairus Tarapore SVP & CHRO March 5, 2021 S 14,409 0 0 $0
Pak Steven Leung Senior Vice President Feb. 27, 2020 A 37,292 0 0 $0
Kenneth Napolitano Senior Vice President Feb. 27, 2020 A 50,110 0 0 $0
Tomas Brannemo Senior Vice President June 24, 2019 M 10,390 0 0 $0
Paul A Stellato Chief Accounting Officer Feb. 24, 2019 F 13,417 0 0 $0
Dennis Randy Bays SVP, President, Sensus Feb. 21, 2017 A 13,529 0 0 $0
John P. Connolly VP, Controller & CAO March 1, 2016 F 15,071 0 0 $0
Robyn T Mingle SVP & Chief HR Officer March 9, 2015 M 16,933 0 0 $0
Christopher R Mcintire Senior Vice President March 2, 2015 F 39,136 0 0 $0
Nicholas Colisto SVP &Chief Information Officer Dec. 19, 2014 F 12,978 0 0 $0
Angela A Buonocore SVP & Chief Commun. Officer Nov. 7, 2014 F 54,938 0 0 $0
Michael Kuchenbrod Senior Vice President March 5, 2013 M 28,056 0 0 $0
Na Christian S SVP, GC & Corporate Secretary March 1, 2013 A 4,202 0 0 $0
Robert E Wolpert Jr. SVP & President, Flow Control April 9, 2012 M 24,070 0 0 $0
Frank R Jimenez SVP & GC & Corp Secretary March 2, 2012 A 64,049 0 0 $0
Victoria D Harker Director Aug. 10, 2022 S 21,099 0 0 $0
Jeanne Beliveau-Dunn Director Aug. 4, 2022 S 7,553 0 0 $0
Lila Tretikov Director May 12, 2022 A 4,553 0 0 $0
Jerome A Peribere Director May 12, 2022 A 1,812 0 0 $0
Uday Yadav Director May 12, 2022 A 4,541 0 0 $0
Mark D Morelli Director May 12, 2022 A 2,232 0 0 $0
Steven R Loranger Director May 12, 2022 A 12,238 0 0 $0
Robert F Friel Director May 12, 2022 A 29,538 0 0 $0
Surya N Mohapatra Director Feb. 9, 2022 P 41,397 0 0 $0
Jorge M Gomez Director May 12, 2021 A 5,758 0 0 $0
Sten E Jakobsson Director May 11, 2021 F 21,498 0 0 $0
Curtis J Crawford Director Nov. 5, 2019 S 13,575 0 0 $0
Edward J Ludwig Director May 11, 2016 A 21,901 0 0 $0
James P Rogers Director May 8, 2013 A 3,202 0 0 $0
John J Hamre Director Dec. 31, 2012 M 35,365 0 0 $0
Christian D Koch Aug. 13, 2026 A 1,247 0 0 $0
TAMBAKERAS MARKOS I May 12, 2022 A 3,140 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 180 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
CGW · Invesco Exchange-Traded Fund Trust … 7.83% 701,990 SH Aug. 8, 2026 Daily
AQWA · Global X Funds 7.57% 16,449 NS May 31, 2026 N-PORT
TBLU · Tortoise Capital Series Trust 6.89% 33,269 NS May 31, 2026 N-PORT
EFRA · iShares Trust 6.24% 3,006 SH Aug. 8, 2026 Daily
PHO · Invesco Exchange-Traded Fund Trust 3.98% 692,310 SH Aug. 8, 2026 Daily
ETEC · iShares Trust 3.35% 1,206 SH Aug. 8, 2026 Daily
PIO · Invesco Exchange-Traded Fund Trust … 2.89% 68,124 SH Aug. 8, 2026 Daily
POWA · Invesco Exchange-Traded Self-Indexe… 2.07% 31,577 SH Aug. 8, 2026 Daily
NUMV · Nushares ETF Trust 1.62% 59,230 NS April 30, 2026 N-PORT
UPGR · DBX ETF Trust 1.60% 953 NS May 29, 2026 N-PORT
CZA · Invesco Exchange-Traded Fund Trust 1.33% 21,223 SH Aug. 8, 2026 Daily
RSPN · Invesco Exchange-Traded Fund Trust 1.26% 112,765 SH Aug. 8, 2026 Daily
ALRG · ALLSPRING EXCHANGE-TRADED FUNDS TRU… 1.12% 705 NS April 30, 2026 N-PORT
PABU · iShares Trust 0.88% 184,675 SH Aug. 8, 2026 Daily
MADE · iShares Trust 0.83% 4,425 SH Aug. 8, 2026 Daily
ENDW · EA Series Trust 0.77% 10,067 NS May 29, 2026 N-PORT
JOET · Virtus ETF Trust II 0.76% 15,143 NS April 30, 2026 N-PORT
FXR · First Trust Exchange-Traded AlphaDE… 0.63% 37,405 NS April 30, 2026 N-PORT
VOT · VANGUARD INDEX FUNDS 0.62% 1,821,078 SH Aug. 8, 2026 Daily
ACLC · AMERICAN CENTURY ETF TRUST 0.59% 16,453 NS May 31, 2026 N-PORT
JSTC · Tidal Trust I 0.50% 15,408 NS May 31, 2026 N-PORT
RCGE · EA Series Trust 0.46% 3,642 NS April 30, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.41% 72,230 NS April 30, 2026 N-PORT
SUSA · iShares Trust 0.40% 137,072 SH Aug. 8, 2026 Daily
VIS · VANGUARD WORLD FUND 0.38% 295,210 SH Aug. 8, 2026 Daily
DUSL · Direxion Shares ETF Trust 0.37% 1,710 NS April 30, 2026 N-PORT
IYJ · iShares Trust 0.33% 53,863 SH Aug. 8, 2026 Daily
EVUS · iShares Trust 0.33% 10,310 SH Aug. 8, 2026 Daily
UXI · ProShares Trust 0.31% 804 NS May 31, 2026 N-PORT
SZNE · Pacer Funds Trust 0.29% 334 NS April 30, 2026 N-PORT
ESUM · Strategy Shares 0.29% 3,769 NS April 30, 2026 N-PORT
EXI · iShares Trust 0.28% 33,469 SH Aug. 8, 2026 Daily
IWS · iShares Trust 0.27% 357,970 SH Aug. 8, 2026 Daily
VO · VANGUARD INDEX FUNDS 0.27% 5,151,354 SH Aug. 8, 2026 Daily
ACGR · AMERICAN CENTURY ETF TRUST 0.27% 281 NS May 31, 2026 N-PORT
BSCQ · Invesco Exchange-Traded Self-Indexe… 0.25% 8,862,000 Aug. 8, 2026 Daily
AVMC · AMERICAN CENTURY ETF TRUST 0.24% 8,980 NS May 31, 2026 N-PORT
NULC · Nushares ETF Trust 0.24% 1,137 NS April 30, 2026 N-PORT
IMCG · iShares Trust 0.23% 75,939 SH Aug. 8, 2026 Daily
DFVE · DoubleLine ETF Trust 0.22% 500 NS March 31, 2026 N-PORT
RSP · Invesco Exchange-Traded Fund Trust 0.21% 1,732,505 SH Aug. 8, 2026 Daily
SIZE · iShares Trust 0.21% 7,529 SH Aug. 8, 2026 Daily
IWR · iShares Trust 0.21% 965,965 SH Aug. 8, 2026 Daily
EUSA · iShares, Inc. 0.20% 31,909 SH Aug. 8, 2026 Daily
IMCB · iShares Trust 0.19% 27,248 SH Aug. 8, 2026 Daily
CSM · ProShares Trust 0.19% 9,162 NS May 31, 2026 N-PORT
TRFM · ETF Series Solutions 0.19% 2,443 NS April 30, 2026 N-PORT
GSEW · Goldman Sachs ETF Trust 0.18% 29,247 NS May 31, 2026 N-PORT
ESGU · iShares Trust 0.17% 253,967 SH Aug. 8, 2026 Daily
FTA · First Trust Exchange-Traded AlphaDE… 0.17% 18,387 NS April 30, 2026 N-PORT