Xylem

Corporate brand

A global water-technology company that develops equipment, software and services for moving, treating, measuring and managing water.

Last updated October 2, 2026

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Overview

Xylem is an American water-technology company created in 2011 through the separation of ITT Corporation's water-related businesses. The company designs and supplies equipment, digital systems, analytical instruments and services used across the water cycle, including water collection, transport, treatment, distribution, reuse, monitoring and resource management. Its customers include municipal water and wastewater utilities, industrial manufacturers, commercial and residential building operators, agricultural users, engineering firms and public-sector organizations. The company was formed after ITT announced in January 2011 that it would divide into three independent publicly traded businesses. The water company adopted the name Xylem, pronounced “zi-lem,” from the plant tissue that transports water. The name was intended to convey the company's focus on water movement and infrastructure while distinguishing the new company from the remaining ITT businesses. Xylem began trading as an independent company in October 2011 and inherited a portfolio that combined pumps, mixers, treatment equipment, dewatering systems, measurement instruments and applied-water technologies. Xylem's business has expanded from traditional mechanical equipment into a broader technology and services platform. Its Water Infrastructure activities support clean-water delivery, wastewater conveyance and treatment, dewatering, and water-quality analysis. Applied Water serves building services, agriculture, residential water systems and light industrial applications. Measurement and Control Solutions includes metering, network communications, sensors and data systems that help utilities and industrial customers monitor and optimize water use. Water Solutions and Services provides treatment systems, outsourced operations, water reuse, industrial process-water services, pipeline assessment, leak detection, asset management, emergency response and specialty dewatering. The brand portfolio includes Flygt pumps and mixers, Goulds Water Technology pumps and controls, Godwin dewatering equipment, Sanitaire biological wastewater-treatment and aeration systems, Wedeco ultraviolet and ozone disinfection technologies, WTW laboratory and process instruments, YSI environmental monitoring systems, Sensus smart metering and communications solutions, and HYPACK hydrographic survey software. The acquisition of Sensus in 2016 strengthened Xylem's metering and utility-network capabilities, while the acquisition of Evoqua Water Technologies in May 2023 substantially expanded its water-treatment, industrial-services and water-reuse portfolio. Leadership changed significantly during the company's first decade. Steven R. Loranger, formerly chairman, president and chief executive officer of ITT, became Xylem's initial chief executive. Patrick Decker succeeded Loranger in 2014 and led the company through a period of international expansion, digital investment and portfolio development. Matthew F. Pine became president and chief executive officer in January 2024 after previously serving in senior operating roles at Xylem. Xylem positions itself as a mission-driven, technology-led water-solutions provider rather than solely as a pump or equipment manufacturer. Its strategic narrative emphasizes water security, resilience, affordability, resource efficiency, digitalization and sustainable treatment. The company works with utilities and industrial customers to improve system reliability, reduce energy and operating costs, detect losses, comply with environmental requirements and increase the reuse of water. In 2024, Xylem reported revenue of approximately $8.56 billion and described its workforce as approximately 23,000 people. In 2025, revenue increased to approximately $9.04 billion, according to the company's annual report. Xylem remains an active global public company and a major specialist supplier to the water and wastewater technology sector.

History

Xylem's corporate history begins with ITT Corporation's long-standing water businesses, which included pumps, treatment equipment, analytical instruments and applied-water technologies. On January 12, 2011, ITT announced a plan to separate its operations into three independent publicly traded companies. The water-related business was selected to become the new Xylem company, while ITT retained other activities and separated its defense operations into ITT Exelis. The name Xylem refers to the plant tissue that transports water and is pronounced “zi-lem.” It captured the company's intended identity as a specialist in water movement and infrastructure. The new company combined three principal areas inherited from ITT: Water Solutions, Analytics and Applied Water Systems. Xylem completed its separation from ITT on October 31, 2011, becoming an independent public company listed on the New York Stock Exchange under the symbol XYL. The portfolio brought into Xylem included brands with histories that considerably predated the parent company. Flygt originated in Sweden, where pump manufacturing developed from a foundry established in Emmaboda in 1901 and a pump-sales business founded by Hilding Flygt in Stockholm in 1922. Flygt became associated with early submersible drainage and sewage pumps and was acquired by ITT in 1968. Goulds' pump history reaches back to a Seneca Falls, New York, pump business established in the 1840s; the Goulds name was added in the nineteenth century, and Goulds Pumps became part of ITT Industries in 1997. These inherited businesses gave Xylem deep expertise in pumping, fluid handling and wastewater equipment. Xylem also inherited a major analytical-instrumentation heritage through YSI, originally the Yellow Springs Instrument Company, founded in Ohio in 1948. YSI developed temperature sensors, dissolved-oxygen meters, environmental monitoring instruments, bioanalytical equipment and data systems. Its history included early work in thermistors, electronic measurement and field water-quality monitoring. The combination of YSI with ITT's analytics activities helped establish Xylem as a supplier of both physical water infrastructure and measurement technologies. During the 2010s, Xylem broadened its portfolio through acquisitions and the development of digital capabilities. In November 2015, it acquired HYPACK, a hydrographic surveying and data-processing software business. In 2016, it acquired Sensus for approximately $1.7 billion, adding advanced metering, utility communications and network intelligence. These transactions supported Xylem's movement into connected infrastructure, data-enabled utility operations and more comprehensive water-management systems. Patrick Decker became president and chief executive officer in March 2014, succeeding Steven R. Loranger. Under Decker, Xylem emphasized water scarcity, resilience, digital transformation, service models and solutions that span the water cycle. The business increasingly combined pumps and treatment equipment with sensors, software, analytics, remote monitoring, metering and operational services. The most consequential transaction in Xylem's subsequent history was its acquisition of Evoqua Water Technologies. Announced in January 2023 and completed on May 24, 2023, the all-stock transaction was valued at approximately $7.5 billion. Evoqua brought mission-critical water-treatment systems, industrial process-water expertise, outsourced operations, services and water-reuse technologies. The combined company became one of the world's largest dedicated water-technology platforms and expanded Xylem's exposure to industrial treatment, high-purity water, wastewater recycling and environmental compliance. Matthew F. Pine became president and chief executive officer in January 2024. He had joined Xylem in 2020 and previously led the Applied Water and Measurement and Control Solutions segments and served as chief operating officer. Under Pine, Xylem has continued integrating Evoqua, simplifying its portfolio, investing in productivity and digital technologies, and presenting itself as a provider of essential solutions for water security. In 2024, Xylem reported revenue of approximately $8.562 billion. Its 2025 annual report recorded revenue of $9.035 billion, operating income of $1.223 billion and approximately 23,000 employees. The company currently organizes its activities across Water Infrastructure, Applied Water, Measurement and Control Solutions, and Water Solutions and Services. Its operations serve public utilities, industrial customers, commercial and residential buildings, agricultural users and communities in more than 150 countries. Xylem's contemporary identity therefore reflects both its industrial heritage and a broader role as a technology, services and infrastructure partner for the global water cycle.

2025
Revenue reaches $9.035 billion
[5]Xylem 2025 Annual Report on Form 10-Kxylem.com
Xylem's 2025 annual report recorded revenue of $9.035 billion, compared with $8.562 billion in 2024.
2024
Matthew Pine becomes CEO
[4]Xylem 2026 Proxy Statementxylem.com
Matthew F. Pine assumed the chief executive role in January 2024.
2024
Reuse Brew demonstration launched
[1]Xylem Inc. articleen.wikipedia.org
Xylem partnered with Weißenburg and the Technical University of Munich on a public water-reuse demonstration involving beer produced from treated wastewater.
2023
Evoqua acquisition completed
[7]Xylem completes acquisition of Evoquaxylem.com
Xylem completed the approximately $7.5 billion all-stock acquisition of Evoqua on May 24, expanding its treatment and services platform.
2016
Sensus acquired
[1]Xylem Inc. articleen.wikipedia.org
Xylem completed its approximately $1.7 billion acquisition of Sensus, strengthening smart metering and utility communications.
2015
HYPACK acquired
[1]Xylem Inc. articleen.wikipedia.org
Xylem acquired hydrographic surveying and data-processing software company HYPACK.
2014
Patrick Decker becomes CEO
[1]Xylem Inc. articleen.wikipedia.org
Patrick Decker succeeded Steven R. Loranger as president and chief executive officer.
2011
Xylem created through ITT separation
[1]Xylem Inc. articleen.wikipedia.org
ITT announced the separation of its water businesses, and Xylem completed the spin-off as an independent public company on October 31.
1997
Goulds Pumps acquired by ITT Industries
[1]Xylem Inc. articleen.wikipedia.org
ITT Industries acquired Goulds Pumps, adding its pump portfolio and manufacturing heritage to the future Xylem water business.
1968
Flygt acquired by ITT
[1]Xylem Inc. articleen.wikipedia.org
The Stenberg family sold the Flygt business to ITT, bringing the Swedish pump company into the corporate lineage inherited by Xylem.
1949
Goulds produces an all-metal pump
[1]Xylem Inc. articleen.wikipedia.org
The Goulds predecessor business is credited with casting and assembling an early all-metal pump, contributing to the brand's long industrial history.
1948
Yellow Springs Instrument Company founded
[1]Xylem Inc. articleen.wikipedia.org
A three-person partnership at Antioch College led to the company that became YSI, later a major Xylem analytics brand.
1922
Hilding Flygt establishes a pump and fan sales business
[1]Xylem Inc. articleen.wikipedia.org
The business later associated with Flygt began as a Stockholm-based pump and fan sales company.
1901
Flygt predecessor foundry established in Emmaboda, Sweden
[1]Xylem Inc. articleen.wikipedia.org
The industrial history behind the later Flygt brand began with a foundry established by Per Alfred Stenberg in southern Sweden.

Products and positioning

A global, technology-led water-solutions provider spanning water infrastructure, applied water, measurement and control, treatment, analytics, digital management and lifecycle services.

Pumps, mixers and controls · 1922
Flygt
Flygt is Xylem's Swedish-origin pump and mixer brand. It supplies dry and submersible pumps, sewage and drainage pumps, submersible mixers, intelligent controls and related systems for municipal wastewater, stormwater, industrial and infrastructure applications. The brand is associated with early development of submersible drainage and sewage pumps and remains one of Xylem's principal water-transport and wastewater brands.
Applied-water pumps and controls · 1848
Goulds Water Technology
Goulds Water Technology provides centrifugal and turbine pumps, controllers, variable-frequency drives and accessories for residential, agricultural, commercial, building-services and light-industrial applications. It is distinct from Goulds Pumps, the industrial pump business that remains associated with ITT. Within Xylem, Goulds Water Technology supports groundwater, pressure boosting, irrigation, HVAC, water supply and selected wastewater applications.
Dewatering equipment and services
Godwin
Godwin is a Xylem dewatering brand serving construction, mining, municipal, industrial and emergency-response applications. Its portfolio includes high-head and submersible pumps, temporary bypass systems, rental equipment and field services used to manage groundwater, flooding, excavation water, sewer flows and other demanding dewatering requirements.
Biological wastewater treatment and aeration
Sanitaire
Sanitaire supplies biological wastewater-treatment and aeration technologies used in municipal and industrial treatment plants. Its solutions are designed to support oxygen transfer, biological processing, energy efficiency and process control in activated-sludge and related wastewater applications.
Ultraviolet and ozone disinfection
Wedeco
Wedeco provides ultraviolet and ozone systems for drinking-water treatment, wastewater disinfection, industrial process water, aquatics and water reuse. The brand's technologies are used to reduce pathogens and contaminants without relying solely on conventional chemical treatment, and they form part of Xylem's broader treatment and reuse portfolio.
Water-analysis instruments
WTW
WTW develops laboratory and process instruments for measuring parameters such as pH, conductivity, dissolved oxygen, turbidity and other water-quality indicators. Its products support utilities, laboratories, industrial facilities, environmental monitoring programs and research users that need analytical data for treatment control or compliance.
Environmental monitoring and water-quality analytics · 1948
YSI
YSI supplies sensors, meters, sondes, instruments, software and data-collection platforms for environmental water-quality monitoring. Its portfolio covers dissolved oxygen, temperature, conductivity, turbidity, nutrients and other parameters used in rivers, lakes, coastal waters, aquaculture, laboratories and industrial or municipal monitoring programs. YSI's heritage extends to Yellow Springs Instrument Company, founded in 1948.
Smart metering and utility communications
Sensus
Sensus provides smart meters, advanced metering infrastructure, communications networks and utility data systems for water, gas and electric providers. Xylem acquired Sensus in 2016, adding measurement, remote reading, network visibility and customer-usage analytics to its water-infrastructure offering.
Hydrographic surveying software
HYPACK
HYPACK develops software for hydrographic data acquisition, navigation, surveying, processing and charting. Its tools support marine surveyors, ports, dredging contractors, government agencies and research organizations. Xylem acquired the company in 2015, extending the group's capabilities into hydrographic data and water-environment mapping.
Water treatment and services
Evoqua
Evoqua's portfolio includes industrial and municipal water-treatment systems, high-purity water, wastewater treatment, water reuse, outsourced operations, service contracts and environmental compliance support. After Xylem completed its acquisition of Evoqua in 2023, these capabilities became central to Xylem's Water Solutions and Services platform and broadened its exposure to complex industrial and treatment-intensive applications.

Marketing campaigns

2024Reuse Brew
Germany
Xylem partnered with the city of Weißenburg and the Technical University of Munich on a public demonstration of advanced water reuse. The project used multiple treatment stages, including ozone, ultraviolet treatment, hydrogen peroxide, carbon filtration and nanofiltration, to produce water used in brewing a traditional-style pale lager.
Outcome. The initiative was designed to make advanced wastewater reuse more tangible to the public and demonstrate how treatment technologies can support circular water systems.
Source
2015Gulf Specimen Marine Laboratory water-purification support
United States
Xylem supported Gulf Specimen Marine Laboratory after a social-media fundraising campaign sought to replace an aging ozonator used for aquarium water purification. Xylem provided a new Wedeco ozonator at cost together with engineering assistance and installation support.
Outcome. The nonprofit obtained a replacement purification system while preserving the funds raised for the project and supporting its marine-animal rehabilitation and educational work.
Source

Brand decisions

2025
Emphasize productivity, portfolio simplification and profitable growthStrategy
Background
Xylem's 2025 results reflected continued integration of the Evoqua portfolio, organic growth across major segments and a focus on improving operating performance.
Action taken
Management emphasized productivity savings, price realization, portfolio simplification and concentration on essential technologies that address major water challenges.
Aftermath
Xylem reported 2025 revenue of $9.035 billion, up 5.5% from 2024, and operating income of $1.223 billion. The company issued 2026 revenue guidance of approximately $9.1 billion to $9.2 billion.
Revenue. $8.562 billion in 2024 → $9.035 billion in 2025 (Fiscal years 2024-2025)
Source
2024
Appoint Matthew F. Pine as president and CEOOther
Background
Xylem transitioned to a new chief executive after Patrick Decker's tenure. Pine had already served in senior operating roles at Xylem, including chief operating officer.
Action taken
Matthew F. Pine became president and chief executive officer in January 2024.
Aftermath
The leadership transition maintained continuity with Xylem's operating organization while placing emphasis on integration, portfolio simplification, innovation and profitable growth.
Source
2023
Acquire Evoqua Water TechnologiesM&A
Background
Xylem aimed to create a broader water-treatment and services platform capable of addressing industrial treatment, water reuse, high-purity water, outsourced operations and environmental compliance.
Action taken
Xylem agreed to acquire Evoqua in an all-stock transaction and completed the deal on May 24, 2023.
Aftermath
The combination substantially expanded Xylem's treatment and services portfolio and created a larger pure-play water-technology company with stronger exposure to industrial and mission-critical water applications.
Implied enterprise value. Approximately $7.5 billion (Announced January 2023; completed May 24, 2023)
Source
2016
Acquire SensusM&A
Background
Utilities were increasingly adopting connected meters, remote communications and data systems to improve network visibility and manage consumption.
Action taken
Xylem announced and completed the approximately $1.7 billion acquisition of Sensus in 2016.
Aftermath
Sensus expanded Xylem's Measurement and Control Solutions activities and strengthened its position in smart metering, utility communications and data-enabled infrastructure management.
Transaction value. Approximately $1.7 billion (2016 acquisition)
Source
2015
Acquire HYPACKM&A
Background
Xylem sought to expand beyond physical water equipment into hydrographic data acquisition and processing.
Action taken
Xylem acquired HYPACK, a specialist software provider for hydrographic surveying and marine data management.
Aftermath
The acquisition added software and data capabilities relevant to marine surveying, dredging, ports, research and water-environment mapping.
Source
2011
Create Xylem through the separation of ITT's water businessesStrategy
Background
ITT decided to separate its water-related operations into an independent publicly traded company as part of a broader corporate restructuring. The future company combined water solutions, analytics and applied-water businesses.
Action taken
Xylem was established and completed its spin-off from ITT on October 31, 2011, with the new company focused exclusively on water technology and related services.
Aftermath
The separation gave Xylem an independent public identity and allowed it to pursue a focused water-sector strategy, while preserving a portfolio of established pump, treatment and analytics brands.
Source

Recent events

2026
Xylem reports record 2025 revenue of approximately $9.0 billion[5]Xylem 2025 Annual Report on Form 10-Kxylem.com
Other · Pricing
Xylem reported 2025 revenue of $9.035 billion, up 5.5% from 2024, with growth across its operating segments and a higher operating margin.
2026
Xylem announces 2026 segment leadership appointments[10]Xylem announces segment leadership appointmentsxylem.com
Leadership change
Xylem announced segment leadership appointments involving Meredith Emmerich and Joe Johnston as part of its executive and operating structure.
2025
Xylem reports 2024 revenue of $8.562 billion[6]Xylem 2024 Sustainability Reportxylem.com
Other
Xylem reported full-year 2024 revenue of approximately $8.562 billion and continued integration of the Evoqua portfolio.
2024
Xylem and partners launch Reuse Brew wastewater-reuse demonstration[1]Xylem Inc. articleen.wikipedia.org
Campaign · Product launch
Xylem partnered with the German city of Weißenburg and the Technical University of Munich on a beer made using treated and recycled wastewater to demonstrate advanced water reuse.
2024
Matthew Pine becomes Xylem president and CEO[4]Xylem 2026 Proxy Statementxylem.com
Leadership change
Matthew F. Pine became president and chief executive officer in January 2024 after serving as Xylem's chief operating officer and leading major operating segments.
2023
Xylem agrees to acquire Evoqua Water Technologies[8]Xylem announces acquisition of Evoquaxylem.com
M&A
Xylem announced an all-stock agreement to acquire Evoqua in a transaction with an implied enterprise value of approximately $7.5 billion.
2023
Xylem completes acquisition of Evoqua[7]Xylem completes acquisition of Evoquaxylem.com
M&A
The Evoqua acquisition closed on May 24, 2023, creating a much larger platform in water treatment, industrial services, water reuse and related technologies.
2016
Xylem announces acquisition of Sensus[1]Xylem Inc. articleen.wikipedia.org
M&A
Xylem announced the purchase of Sensus, an advanced metering and communications-technology company, for approximately $1.7 billion.
2016
Xylem completes acquisition of Sensus[1]Xylem Inc. articleen.wikipedia.org
M&A
The Sensus transaction closed on October 31, 2016, adding smart metering, utility communications and data-management capabilities to Xylem's portfolio.
2015
Xylem acquires HYPACK[1]Xylem Inc. articleen.wikipedia.org
M&A
Xylem acquired HYPACK, a provider of hydrographic data-acquisition and processing software, expanding its marine surveying and water-data capabilities.

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