Xylem (XYL) Gross Margin (2010 - 2026)
Xylem's Gross Margin was 41.22% in Q2 2026, up 2.46 percentage points from 38.77% a year earlier and up 3.44 percentage points from the prior quarter.
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Analysis
Xylem (XYL) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Xylem's Gross Margin was 39.24% through Jun 30, 2026, up 1.43 percentage points year-over-year; for FY2025, it was 38.46%, up 0.95 percentage points from FY2024.
- Gross Margin shows a five-year change of +0.93 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 37.51% in FY2024 (+0.62 pp), 36.90% in FY2023 (-0.84 pp), 37.74% in FY2022 (-0.28 pp) and 38.02% in FY2021 (+0.49 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q3 2010.
- Compared with a year earlier, Gross Margin has increased for eight straight quarters, with an average year-over-year change of +1.20 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2026 (a gain of 2.46 percentage points); the worst was Q4 2023 (a drop of 2.35 percentage points).
- Per Business Quant data, XYL's Gross Margin in the three quarters before Q2 2026 was 37.79% (Q1 2026), 38.88% (Q4 2025) and 38.93% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 76.01 Bn | 67.78 Bn | 1.95 Bn | 44.07% |
| 2 | Xylem | 23.56 Bn | 19.05 Bn | 963.00 Mn | 41.22% |
| 3 | Veralto | 23.10 Bn | 15.75 Bn | 902.00 Mn | 61.19% |
| 4 | Badger Meter | 3.72 Bn | 2.99 Bn | 90.77 Mn | 40.83% |
| 5 | Ceco Environmental | 3.11 Bn | 2.95 Bn | 86.47 Mn | 30.34% |
| 6 | NWPX Infrastructure | 1.01 Bn | 971.46 Mn | 34.36 Mn | 21.54% |
| 7 | Energy Recovery | 342.87 Mn | 18.03 Mn | 8.96 Mn | 74.67% |
| 8 | Cadiz | 311.40 Mn | 279.84 Mn | -24,000.00 | -2.45% |
| 9 | AirJoule Technologies | 290.46 Mn | 170.08 Mn | - | - |
| 10 | LanzaTech Global | 72.38 Mn | -42.75 Mn | 1.91 Mn | 21.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.22% |
| Mar 31, 2026 | 37.79% |
| Dec 31, 2025 | 38.88% |
| Sep 30, 2025 | 38.93% |
| Jun 30, 2025 | 38.77% |
| Mar 31, 2025 | 37.12% |
| Dec 31, 2024 | 37.99% |
| Sep 30, 2024 | 37.26% |
| Jun 30, 2024 | 37.76% |
| Mar 31, 2024 | 36.99% |
| Dec 31, 2023 | 35.69% |
| Sep 30, 2023 | 36.80% |
| Jun 30, 2023 | 37.80% |
| Mar 31, 2023 | 37.71% |
| Dec 31, 2022 | 38.05% |
| Sep 30, 2022 | 37.97% |
| Jun 30, 2022 | 38.12% |
| Mar 31, 2022 | 36.71% |
| Dec 31, 2021 | 37.26% |
| Sep 30, 2021 | 37.31% |
API Access
Xylem Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=XYL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "XYL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=XYL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();