Xylem Inc. management check
XYL · Industrials · Industrial Machinery & Supplies & Components · CEO Mr. Pine
Filings as of
4 good · 1 to watch · 2 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $149, against $189 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.73 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.2% of net income$11.3m of reported pay in fiscal 2025, against $957.0m of net income.
- Good
Do they own the stock?
Insiders are buying1 insider bought $141k on the open market in the last six months, with their own money, near the lows. Sales: $501k.
- Flag
Are owners being diluted?
Share count growingDiluted shares changed +5.8% a year over the last three fiscal years. Stock-based pay was 0.6% of revenue in the latest year.
- Good
Is leadership stable?
4 leadership filings in 3 yearsCEO in the pay table: Mr. Pine. 4 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 24 | 55 | |
| Pay for performance | 86 | 86 | |
| CEO cost | 44 | 48 | |
| Skin in the game | 80 | 55 | |
| Dilution | 0 | 62 | |
| Stable leadership | 100 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Industrial Machinery & Supplies & Components, by management score. Xylem Inc. is 52nd of 81 in its sector.
- 120HUBBHubbell Incorporated75
- 123GWWW. W. Grainger74
- 151PHParker Hannifin72
- 170OTISOtis Worldwide71
- 179SNASnap-on70
- 196DOVDover Corporation69
- 197IRIngersoll Rand69
- 213PNRPentair68
- 286XYLXylem Inc.62
- 293NDSNNordson Corporation62
Pay versus performance
From the proxy statement filed March 30, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Pine | $11.3m | $13.7m | $2.9m | $149 | $189 | $957.0m |
| 2024 | — | $10.6m | $9.5m | $3.0m | $119 | $158 | $890.0m |
| 2023 | — | $10.8m | $9.7m | $3.5m | $116 | $135 | $609.0m |
| 2022 | — | $10.1m | $7.2m | $2.6m | $111 | $114 | $355.0m |
| 2021 | — | $10.4m | $13.3m | $2.7m | $119 | $121 | $427.0m |
The board says pay is tied most to Revenue. Its other key measures: Organic Revenue, Adjusted EBITDA Margin, Adjusted Free Cash Flow Margin.
Insiders and the CEO's stake
1 insider bought $141k on the open market in the last six months, with their own money, near the lows. Sales: $501k.
- BoughtJerome A PeribereDirector$141kMay 4, 2026
- SoldGeri-Michelle McShaneSVP, CAO$501kMay 7, 2026
Leadership and governance on file
- Aug 18, 2026Leadership change8-K 5.02
- Aug 13, 2026Leadership change8-K 5.02
- Jan 15, 2025Leadership change8-K 5.02
- Oct 15, 2024Leadership change8-K 5.02
- Sep 5, 2023Leadership change8-K 5.02
- May 24, 2023Leadership change8-K 5.02
- Mar 2, 2023Leadership change8-K 5.02
- Dec 20, 2022Leadership change8-K 5.02
- May 12, 2022Leadership change8-K 5.02
- May 4, 2022Leadership change8-K 5.02
- Feb 3, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 18, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $1.6bn returned to owners in buybacks and dividends, 51% of net income, and $239.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.2bn | $5.5bn | $7.4bn | $8.6bn | $9.0bn |
| Net income | $427.0m | $355.0m | $609.0m | $890.0m | $957.0m |
| Stock-based pay | $33.0m | $37.0m | $60.0m | $56.0m | $53.0m |
| Buybacks | $68.0m | $52.0m | $25.0m | $20.0m | $15.0m |
| Dividends | $203.0m | $217.0m | $299.0m | $350.0m | $391.0m |
| Diluted shares | 182m | 181m | 218m | 244m | 244m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.