Xylem Inc
XYL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$991.00 | Lpxvgjh | Ygpfpwvy |
Xylem Ends 2022 With Strong Q4; Maintaining Fair Value Estimate
Narrow-moat Xylem finished 2022 with a strong fourth quarter, as its full-year revenue of $5,522 million and adjusted EPS of $2.85 came in above our expectations ($5,416 million and $2.69, respectively). We’ve made some puts and takes in our model, but we are leaving our $95 fair value estimate unchanged as nothing in the earnings release materially alters our long-term outlook for the water technology firm.