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Private company

Evoqua Water Technologies Corp.

Evoqua Water Technologies Corp. is an American refrigeration and service industry machinery company.1 It is headquartered in Pittsburgh, Pennsylvania.1

Last updated Oct 21, 2026.

Overview

$1.7BRevenue, fiscal 20222
$72.2MNet income, fiscal 20222
  • IndustryRefrigeration & Service Industry Machinery1
  • HeadquartersPittsburgh, Pennsylvania1
  • Incorporated inDE3
  • Business address210 Sixth Avenue, Pittsburgh, Pa 152223
  • Filer categoryLarge accelerated filer3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

30.9%Gross margin2
6.0%Operating margin2
4.2%Net margin2
18.6%Revenue growth, 20222
10.2%Return on equity2
1.25×Debt to equity2
$99.4MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue69¢$1.2B
  • Research and development1¢$15.4M
  • Other costs24¢$410.6M
  • Interest2¢$34.7M
  • Income tax0¢$3.0M
  • Profit4¢$72.2M

Out of $1.7B in revenue.2

Where each dollar of operating cash went, fiscal 2022

  • Capital spending45¢$82.0M
  • Kept or used elsewhere55¢$99.4M

Out of $181.4M of cash from operations.2

Financial statements

Revenue45672$1.7B in 2022+53% since 2016
0$500.0M$1.0B$1.5B$2.0B2016: $1.1B$1.1B20162017: $1.2B$1.2B2017+10%2018: $1.3B$1.3B2018+7%2019: $1.4B$1.4B2019+8%2020: $1.4B$1.4B2020−1%2021: $1.5B$1.5B2021+2%2022: $1.7B$1.7B2022+19%
Gross profit45672$536.0M in 2022+61% since 2016
0$200.0M$400.0M$600.0M2016: $333.1M$333.1M20162017: $399.8M$399.8M2017+20%2018: $404.7M$404.7M2018+1%2019: $426.0M$426.0M2019+5%2020: $449.8M$449.8M2020+6%2021: $457.4M$457.4M2021+2%2022: $536.0M$536.0M2022+17%
Operating income45672$104.0M in 2022−2% since 2016
0$50.0M$100.0M$150.0M$200.0M2016: $106.4M$106.4M20162017: $69.2M$69.2M2017−35%2018: $66.8M$66.8M2018−3%2019: $59.7M$59.7M2019−11%2020: $168.4M$168.4M2020+182%2021: $99.3M$99.3M2021−41%2022: $104.0M$104.0M2022+5%
Net income45672$72.2M in 2022+520% since 2016
-$50.0M0$50.0M$100.0M$150.0M2016: $11.6M$11.6M20162017: $2.2M$2.2M2017−81%2018: $6.1M$6.1M2018+184%2019: -$9.5M-$9.5M20192020: $113.6M$113.6M20202021: $51.5M$51.5M2021−55%2022: $72.2M$72.2M2022+40%
Fiscal year20152016201720182019202020212022
Revenue$1.1B4$1.2B5$1.3B6$1.4B7$1.4B2$1.5B2$1.7B2
Cost of revenue$804.1M4$847.7M5$934.8M6$1.0B7$979.7M2$1.0B2$1.2B2
Gross profit$333.1M4$399.8M5$404.7M6$426.0M7$449.8M2$457.4M2$536.0M2
Research and development$22.9M4$20.0M5$15.9M6$15.3M7$13.2M2$13.4M2$15.4M2
Operating expenses$437.3M2
Operating income$106.4M4$69.2M5$66.8M6$59.7M7$168.4M2$99.3M2$104.0M2
Interest$42.5M4$55.4M5$57.6M6$58.6M7$46.7M2$37.6M2$34.7M2
Income before tax$69.3M2
Income tax-$18.4M4$7.4M5$1.4M6$9.6M7$7.4M2$10.1M2-$3.0M2
Net income$11.6M4$2.2M5$6.1M6-$9.5M7$113.6M2$51.5M2$72.2M2
Earnings per share$0.114$0.025$0.056-$0.087$0.972$0.432$0.602
Earnings per share (diluted)$0.114$0.025$0.056-$0.087$0.942$0.422$0.582
Shares (weighted, basic)121.1M shares2
Shares (weighted, diluted)124.9M shares2

Compare Evoqua Water Technologies Corp. with another company

Corporate structure

Evoqua Water Technologies Corp. is part of a group headed by Xylem Inc.. 188 entities, 56 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Evoqua Water Technologies Corp.

  • Invesco Filed SC 13G/A on Evoqua Water Technologies Corp., latest Feb 1, 2024 (3 filings since Feb 9, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Evoqua Water Technologies Corp., latest Feb 9, 2023 (2 filings since Feb 10, 2022)
  • BlackRock Filed SC 13G/A on Evoqua Water Technologies Corp., latest Jan 31, 2023 (4 filings since Oct 8, 2021)
  • Xylem Inc. Washington, the District of Columbia, United States
    • Evoqua Water Technologies Corp. Pittsburgh, Pennsylvania
    • Aanderaa Data Instruments AS Subsidiary · Norway
    • Anadolu Flygt Pompa Pazarlama Ve Ticaret A.Ş. Subsidiary · Turkey
    • AYC Sinergia, S.L. Subsidiary · Spain
    • Caribe Water Technology, Inc. Subsidiary · Puerto Rico, United States
    • Cleverpy Machine Learning. S.L. Subsidiary · Spain
    • CMS Research Corporation Subsidiary · Alabama, United States
    • EMX HOLDINGS, INC. Subsidiary · Delaware, United States
    • Ensai Ingenieria, S.L. Subsidiary · Spain
    • EnviroMix, Inc. Subsidiary · Delaware, United States
    • Evoqua Finance LLC Subsidiary · Delaware, United States
    • Evoqua Pension Trustees Limited Subsidiary · United Kingdom
    • Evoqua Water Technologies (Shanghai) Co., Ltd. Subsidiary · China
    • Evoqua Water Technologies Canada Ltd. Subsidiary · Nova Scotia, Canada
    • EVOQUA WATER TECHNOLOGIES INDIA PRIVATE LIMITED Subsidiary · Saidapet, India
    • Evoqua Water Technologies Ireland Limited Subsidiary · Ireland
    • EVOQUA WATER TECHNOLOGIES LIMITED Subsidiary · Caldicot, United Kingdom
    • EVOQUA WATER TECHNOLOGIES PTY LTD Subsidiary · Sydney, Australia
    • EWT Holdings II Corp. Subsidiary · Delaware, United States
    • EWT Holdings III Corp. Subsidiary · Delaware, United States
    • Faradyne Motors (Suzhou) Co. Ltd. Subsidiary · China
    • Faradyne Motors LLC Subsidiary · Delaware, United States
    • Flow Control LLC Subsidiary · Delaware, United States
    • Fluid Handling, LLC Subsidiary · Delaware, United States
    • Global Omnium Idrica HK Limited Subsidiary · Hong Kong
    • and 160 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Evoqua Water Technologies Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$823.8M2 Sep 30, 2022$764.4M2 Sep 30, 2021+7.8%
Accumulated depreciation$418.6M2 Sep 30, 2022$389.4M2 Sep 30, 2021+7.5%
Property and equipment, net$405.3M2 Sep 30, 2022$375.0M2 Sep 30, 2021+8.1%
Operating-lease assets (leased space)$53.5M2 Sep 30, 2022$45.5M2 Sep 30, 2021+17.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$134.0M2 Sep 30, 2022$146.2M2 Sep 30, 2021−8.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$473.6M2 Sep 30, 2022$407.4M2 Sep 30, 2021+16.2%
Intangible assets, net (excluding goodwill)$317.7M2 Sep 30, 2022$290.1M2 Sep 30, 2021+9.5%
Indefinite-lived intangibles (excluding goodwill)$34.2M2 Sep 30, 2022$34.2M2 Sep 30, 20210%
Finite-lived intangibles, gross$586.3M2 Sep 30, 2022$520.1M2 Sep 30, 2021+12.7%
Accumulated amortization$302.8M2 Sep 30, 2022$264.2M2 Sep 30, 2021+14.6%
Finite-lived intangibles, net$283.5M2 Sep 30, 2022$255.9M2 Sep 30, 2021+10.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$229.4M2 Sep 30, 2022$158.5M2 Sep 30, 2021+44.7%
Work in process$36.5M2 Sep 30, 2022$19.8M2 Sep 30, 2021+83.9%
Finished goods$80.8M2 Sep 30, 2022$59.6M2 Sep 30, 2021+35.5%

Leadership

Who has led Evoqua Water Technologies Corp., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ronald C. Keating2017–2023

President

  1. Ronald C. Keating2017–2023

Chief financial officer

  1. Benedict J. Stas2017–2023
20202025
Board members and other officers (21)

Former names

  • EWT Holdings I Corp.Apr 14, 2014 to Oct 17, 20173

Timeline

  1. May 24, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer32
  2. May 23, 20238-K Other events33
  3. May 18, 20238-K Entered a material agreement34
  4. May 11, 20238-K Shareholder vote35
  5. May 2, 20238-K Results of operations36
  6. May 2, 20238-K Entered a material agreement37
  7. Apr 28, 20238-K Other events38
  8. Mar 7, 20238-K Executive or director change39
  9. Feb 10, 20238-K Shareholder vote40
  10. Jan 31, 20238-K Results of operations41
  11. Jan 23, 20238-K Entered a material agreement; Other events42
  12. Dec 15, 20228-K Other events43
  13. Nov 1, 2017New chief executive Ronald C. Keating becomes CEO10

Calendar

When it reported results

  1. May 2, 2023Reported quarterly or annual results36
  2. Jan 31, 2023Reported quarterly or annual results41
  3. Nov 15, 2022Reported quarterly or annual results44
  4. Aug 2, 2022Reported quarterly or annual results45
  5. May 3, 2022Reported quarterly or annual results46
  6. Feb 1, 2022Reported quarterly or annual results47
  7. Nov 16, 2021Reported quarterly or annual results48

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

176 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 23 major events, 98 insider forms, 9 large holders, 39 other. The latest 20:

  1. Feb 1, 2024SC 13G/A SEC SCHEDULE 13G EDGAR
  2. Jun 5, 202315-12G EDGAR
  3. May 31, 2023EFFECT EDGAR
  4. May 26, 20234 EDGAR
  5. May 26, 20234 EDGAR
  6. May 26, 20234 EDGAR
  7. May 26, 20234 EDGAR
  8. May 26, 20234 EDGAR
  9. May 26, 20234 EDGAR
  10. May 26, 20234 EDGAR
  11. May 26, 20234 EDGAR
  12. May 26, 20234 EDGAR
  13. May 26, 20234 EDGAR
  14. May 26, 20234 EDGAR
  15. May 26, 20234 EDGAR
  16. May 26, 20234 EDGAR
  17. May 26, 20234 EDGAR
  18. May 26, 20234 EDGAR
  19. May 26, 20234 EDGAR
  20. May 24, 2023POS AM EDGAR

The 176 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 0 buys and 10 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 8, 2023Aulick RodneyExecutive Vice PresidentSale200$52.10$10.4KForm 4
Feb 7, 2023Aulick RodneyExecutive Vice PresidentSale6,494$50.36$327.0KForm 4
Aug 8, 2022Keating Ronald CPresident and CEOSale78,159$38.61$3.0MForm 4
Aug 5, 2022Keating Ronald CPresident and CEOSale165,422$38.77$6.4MForm 4
Apr 20, 2022Bhambri NickDirectorSale87,641$45.08$4.0MForm 4
Apr 19, 2022Bhambri NickDirectorSale37,359$45.01$1.7MForm 4
Mar 16, 2022Fages HerveExecutive Vice PresidentSale20,438$45.00$919.7KForm 4
Mar 9, 2022Fages HerveExecutive Vice PresidentSale40,991$43.10$1.8MForm 4
Mar 8, 2022Fages HerveExecutive Vice PresidentSale12,381$43.00$532.4KForm 4
Mar 7, 2022Lamb MartinDirectorSale100,000$42.02$4.2MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Evoqua Water Technologies Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAREvoqua Water Technologies Corp.1
  • CIK0001604643
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsSeptember 301
  • Industry code (SIC)3580 Refrigeration & Service Industry Machinery1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address210 Sixth Avenue, Pittsburgh, PA 152221
  • Phone724-772-00441
  • Shares outstanding122,370,428 as of Apr 28, 20239
  • Public float$5.6B as of Mar 31, 20222
  • On EDGAR sinceApr 14, 20141
  • Filings575 in all: 4 (280), 8-K (87), 425 (44), 3 (26), SC 13G/A (18), 10-Q (17), SC 13G (11), CORRESP (10)1
    All 34 form types

    UPLOAD (10), 424B3 (8), 10-K (6), D (5), DEF 14A (5), DEFA14A (5), DRSLTR (5), S-1/A (4), SD (4), D/A (3), EFFECT (3), S-8 (3), S-8 POS (3), 424B4 (2), 8-K/A (2), DRS (2), DRS/A (2), S-1 (2), 10-K/A (1), 15-12G (1), 25-NSE (1), 8-A12B (1), CERTNYS (1), DEFM14A (1), POS AM (1), S-3ASR (1)

  • Latest filingsAnnual report (10-K) Nov 16, 2022
    Quarterly report (10-Q) May 2, 2023
    Proxy statement (DEF 14A) Dec 23, 2022
    Latest 8-K (8-K) May 24, 2023

Sources

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    SEC EDGAROther events
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