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Pentair plc (PNR) 10-Year Financial Performance & Capital Metrics

PNR • • Industrial / General
IndustrialsIndustrial MachineryFluid Handling & Pumping SystemsWater & Fuel Pumping
AboutPentair plc provides various water solutions worldwide. It operates through Consumer Solutions; and Industrial & Flow Technologies segments. The Consumer Solutions segment designs, manufactures, and sells residential and commercial pool equipment and accessories, including pumps, filters, heaters, lights, automatic controls, automatic cleaners, maintenance equipment, and pool accessories for residential and commercial pool maintenance, repair, renovation, service, and construction applications; and water treatment products and systems comprising pressure tanks, control valves, activated carbon products, conventional filtration products, and point-of-entry and point-of-use systems for the use in residential whole home water filtration, drinking water filtration, and water softening solutions, as well as in commercial total water management and filtration in foodservice operations. It offers its products under the Everpure, Ken's Beverage, Kreepy Krauly, Pentair Water Solutions, Pleatco, RainSoft, and Sta-Rite brands. The Industrial & Flow Technologies segment manufactures and sells fluid treatment products, such as advanced membrane filtration products, separation systems, and membrane bioreactors; water supply and disposal, solid handling, fluid transfer, and turbine pumps; and valves, spray nozzles, process filtration systems, and gas recovery solutions for food and beverage, fluid separation technologies, water and wastewater treatment, water wells, pressure boosting, fire suppression, flood control, agricultural irrigation, crop spray, fluid circulation and transfer, fluid delivery, ion exchange, desalination, residential and municipal wells, and wastewater solids handling applications. It offers its products under the Pentair, Aurora, Berkeley, Codeline, Fairbanks-Nijhuis, Haffmans, Hydromatic, Hypro, Jung Pumpen, Myers, Sta-Rite, Shurflo, Südmo, and X-Flow brands. Pentair plc was founded in 1966 and is headquartered in London, the United Kingdom.Show more
  • Revenue $4.08B -0.5%
  • EBITDA $918M +7.5%
  • Net Income $625M +0.4%
  • EPS (Diluted) 3.74
  • Gross Margin 39.16% +5.8%
  • EBITDA Margin 22.49% +8.1%
  • Operating Margin 19.69% +9.3%
  • Net Margin 15.32% +1.0%
  • ROE 18.45% -12.2%
  • ROIC 11.65% +6.5%
  • Debt/Equity 0.50 -23.8%
  • Interest Coverage 9.07 +45.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 17.0% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Good 3Y average ROE of 19.4%
  • ✓Healthy 5Y average net margin of 13.7%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-5.3%
5Y6.66%
3Y2.74%
TTM0.83%

Profit (Net Income) CAGR

10Y10.87%
5Y11.95%
3Y4.19%
TTM-1.93%

EPS CAGR

10Y12.52%
5Y12.34%
3Y4.26%
TTM-1.25%

ROCE

10Y Avg11.61%
5Y Avg14.47%
3Y Avg13.65%
Latest14.4%

Peer Comparison

Water & Fuel Pumping
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
XYLXylem Inc.35.26B144.8139.6716.27%10.66%8.28%2.67%0.20
MWAMueller Water Products, Inc.4.12B26.3635.623.06%13.41%19.53%4.64%0.59
WTSWatts Water Technologies, Inc.8.13B296.8034.159.53%13.79%16.59%4.01%0.12
PNRPentair plc17.5B106.9728.60-0.53%15.84%17.29%3.95%0.50
FELEFranklin Electric Co., Inc.4.47B100.4526.02-2.12%6.71%10.69%4.91%0.15
AOSA. O. Smith Corporation8.16B71.9919.83-0.9%13.85%28.76%5.81%0.12

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+6.45B4.89B4.94B2.97B2.96B3.02B3.76B4.12B4.1B4.08B
Revenue Growth %-0.08%-0.24%0.01%-0.4%-0%0.02%0.25%0.09%-0%-0.01%
Cost of Goods Sold+4.26B3.1B3.11B1.92B1.91B1.96B2.45B2.76B2.59B2.48B
COGS % of Revenue0.66%0.63%0.63%0.65%0.64%0.65%0.65%0.67%0.63%0.61%
Gross Profit+2.19B1.79B1.83B1.05B1.05B1.06B1.32B1.36B1.52B1.6B
Gross Margin %0.34%0.37%0.37%0.35%0.36%0.35%0.35%0.33%0.37%0.39%
Gross Profit Growth %-0.12%-0.18%0.02%-0.43%0%0.01%0.25%0.03%0.11%0.05%
Operating Expenses+1.45B1.09B1.15B611M619M596.2M682.3M769.3M780M795M
OpEx % of Revenue0.23%0.22%0.23%0.21%0.21%0.2%0.18%0.19%0.19%0.19%
Selling, General & Admin1.33B979.3M1.03B534.3M540.1M520.5M596.4M677.1M680.2M608.7M
SG&A % of Revenue0.21%0.2%0.21%0.18%0.18%0.17%0.16%0.16%0.17%0.15%
Research & Development119.6M114.1M115.8M76.7M78.9M75.7M85.9M92.2M99.8M93.6M
R&D % of Revenue0.02%0.02%0.02%0.03%0.03%0.03%0.02%0.02%0.02%0.02%
Other Operating Expenses000100K2.9M000092.7M
Operating Income+731.9M700.7M680.8M436.7M432.5M461.4M636.9M595.3M739.2M803.8M
Operating Margin %0.11%0.14%0.14%0.15%0.15%0.15%0.17%0.14%0.18%0.2%
Operating Income Growth %-0.15%-0.04%-0.03%-0.36%-0.01%0.07%0.38%-0.07%0.24%0.09%
EBITDA+992.8M881.7M768M521.3M512.5M536.5M714.4M701.9M854M918.4M
EBITDA Margin %0.15%0.18%0.16%0.18%0.17%0.18%0.19%0.17%0.21%0.22%
EBITDA Growth %-0.11%-0.11%-0.13%-0.32%-0.02%0.05%0.33%-0.02%0.22%0.08%
D&A (Non-Cash Add-back)260.9M181M87.2M84.6M80M75.1M77.5M106.6M114.8M114.6M
EBIT693.1M709.4M401.4M468.2M433.2M456M639.3M612.4M737.2M807.5M
Net Interest Income+-101.9M-140.1M-87.3M-32.6M-30.1M-23.9M-12.5M-61.8M-118.3M-88.6M
Interest Income4.7M8.3M00000000
Interest Expense106.6M148.4M87.3M32.6M30.1M23.9M12.5M61.8M118.3M88.6M
Other Income/Expense-103.6M-139.7M-205.5M-56.9M-25M-29.3M-10.1M-44.7M-120.3M-84.9M
Pretax Income+628.8M561M489.2M379.8M407.5M432.1M626.8M550.6M618.9M718.9M
Pretax Margin %0.1%0.11%0.1%0.13%0.14%0.14%0.17%0.13%0.15%0.18%
Income Tax+148.3M109.4M9.2M58.1M45.8M75M70.8M67.4M-4M93.3M
Effective Tax Rate %0.75%0.93%1.36%0.91%0.87%0.83%0.88%0.87%1.01%0.87%
Net Income+469.1M522.2M666.5M347.4M355.7M358.6M553M480.9M622.7M625.4M
Net Margin %0.07%0.11%0.14%0.12%0.12%0.12%0.15%0.12%0.15%0.15%
Net Income Growth %1.1%0.11%0.28%-0.48%0.02%0.01%0.54%-0.13%0.29%0%
Net Income (Continuing)397.1M178.2M114.1M321.7M361.7M357.1M556M483.2M622.9M625.6M
Discontinued Operations0344M552.4M25.7M-6M1.5M-3M-2.3M-200K-200K
Minority Interest0000000000
EPS (Diluted)+2.572.853.631.962.092.143.302.903.743.74
EPS Growth %1.23%0.11%0.27%-0.46%0.07%0.02%0.54%-0.12%0.29%0%
EPS (Basic)2.602.883.671.982.102.153.342.923.773.78
Diluted Shares Outstanding182.6M183.1M183.7M177.3M170.4M167.4M167.5M165.6M166.3M167.1M
Basic Shares Outstanding180.3M181.3M181.7M175.8M169.4M166.5M165.8M164.8M165.1M167.1M
Dividend Payout Ratio0.49%0.47%0.38%0.54%0.34%0.35%0.24%0.29%0.23%0.24%

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+2.78B2.67B1.75B1.04B1.06B975.1M1.3B1.56B1.57B1.44B
Cash & Short-Term Investments126.3M238.5M113.3M74.3M82.5M82.1M94.5M108.9M170.3M118.7M
Cash Only126.3M238.5M113.3M74.3M82.5M82.1M94.5M108.9M170.3M118.7M
Short-Term Investments0000000000
Accounts Receivable887.6M871.7M534.6M524.7M543.9M417.6M583.1M579.9M632.5M611.9M
Days Sales Outstanding50.2465.0739.5364.5967.1350.5156.5351.3556.2554.7
Inventory1.17B524.2M581M387.5M377.4M420M562.9M790M677.7M610.9M
Days Inventory Outstanding100.5461.868.2573.7772.2878.2184.01104.5895.6889.77
Other Current Assets1.14B968.9M719.6M16.2M9.8M6.9M6.4M4.9M33.3M43.6M
Total Non-Current Assets+9.63B8.86B6.88B2.77B3.08B3.22B3.45B4.89B4.99B5.01B
Property, Plant & Equipment539.8M538.6M279.8M272.6M360.4M384.8M394.5M423.1M464M474.9M
Fixed Asset Turnover11.95x9.08x17.64x10.88x8.21x7.84x9.54x9.74x8.85x8.60x
Goodwill5.77B4.22B4.35B2.07B2.26B2.39B2.5B3.25B3.27B3.29B
Intangible Assets2.53B1.63B1.56B276.3M339.2M325.9M428M1.09B1.04B1.03B
Long-Term Investments0000000000
Other Non-Current Assets2.51B2.44B4.14B119.3M90.1M91.8M99.5M92.7M100.1M85.5M
Total Assets+12.41B11.53B8.63B3.81B4.14B4.2B4.75B6.45B6.56B6.45B
Asset Turnover0.52x0.42x0.57x0.78x0.71x0.72x0.79x0.64x0.63x0.63x
Asset Growth %0.17%-0.07%-0.25%-0.56%0.09%0.01%0.13%0.36%0.02%-0.02%
Total Current Liabilities+1.49B1.47B1.2B818.7M749M772.5M1.05B1.06B949.6M895.1M
Accounts Payable403.8M436.6M321.5M378.6M325.1M245.1M385.7M355M278.9M272.8M
Days Payables Outstanding34.5751.4737.7672.0762.2745.6457.564739.3840.09
Short-Term Debt700K800K00000009.3M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities833.8M719.7M632.6M239.7M207.5M240.3M247.7M218.3M228.6M196.4M
Current Ratio1.87x1.82x1.46x1.27x1.42x1.26x1.24x1.47x1.65x1.60x
Quick Ratio1.08x1.46x0.97x0.80x0.91x0.72x0.70x0.72x0.94x0.92x
Cash Conversion Cycle116.275.3970.0166.2877.1583.0882.98108.94112.55104.38
Total Non-Current Liabilities+6.37B5.81B2.4B1.15B1.44B1.32B1.28B2.68B2.4B1.99B
Long-Term Debt4.69B4.28B1.44B787.6M1.03B839.6M894.1M2.32B1.99B1.64B
Capital Lease Obligations000061.1M65.1M62.6M52.4M79.1M92.8M
Deferred Tax Liabilities847.8M609.5M394.8M105.9M104.4M107.4M89.8M43.3M40M44.4M
Other Non-Current Liabilities982.2M921.3M847.2M237.3M220.7M283.7M233.5M263.3M289.2M212.6M
Total Liabilities7.86B7.28B3.6B1.97B2.19B2.09B2.33B3.74B3.35B2.88B
Total Debt+4.69B4.28B1.44B787.6M1.11B926.8M982.3M2.4B2.09B1.77B
Net Debt4.56B4.04B1.35B713.3M1.03B844.7M887.8M2.29B1.92B1.65B
Debt / Equity1.03x1.01x0.29x0.43x0.57x0.44x0.41x0.89x0.65x0.50x
Debt / EBITDA4.72x4.85x1.88x1.51x2.16x1.73x1.38x3.42x2.45x1.92x
Net Debt / EBITDA4.59x4.58x1.76x1.37x2.00x1.57x1.24x3.26x2.25x1.79x
Interest Coverage6.87x4.72x7.80x13.40x14.37x19.31x50.95x9.63x6.25x9.07x
Total Equity+4.55B4.25B5.04B1.84B1.95B2.11B2.42B2.71B3.22B3.56B
Equity Growth %-0.03%-0.07%0.18%-0.64%0.06%0.08%0.15%0.12%0.19%0.11%
Book Value per Share24.9423.2427.4210.3611.4712.5814.4616.3519.3521.32
Total Shareholders' Equity4.55B4.25B5.04B1.84B1.95B2.11B2.42B2.71B3.22B3.56B
Common Stock1.8M1.8M1.8M1.7M1.7M1.7M1.7M1.7M1.7M1.7M
Retained Earnings1.79B2.07B2.48B169.2M401M631.2M1.05B1.39B1.87B2.34B
Treasury Stock0000000000
Accumulated OCI-645M-736.3M-243.4M-228.6M-226.5M-207.3M-213.9M-239M-244.4M-276.6M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+739.3M861.4M620.2M439.1M353M573.6M613.2M363.3M619.2M766.7M
Operating CF Margin %0.11%0.18%0.13%0.15%0.12%0.19%0.16%0.09%0.15%0.19%
Operating CF Growth %-0.27%0.17%-0.28%-0.29%-0.2%0.62%0.07%-0.41%0.7%0.24%
Net Income475.8M521.6M661.1M321.7M355.7M358.6M553M480.9M622.9M625.4M
Depreciation & Amortization260.9M181M182.9M84.6M80M75.1M77.5M106.6M114.8M114.6M
Stock-Based Compensation33M34.2M39.6M20.9M21.4M20.3M29.8M24.9M29.1M39.7M
Deferred Taxes40.3M-62.5M-159.7M-4.1M-18.4M4.6M-9M-44.8M-92.5M-11.4M
Other Non-Cash Items-16.4M112.2M-85.1M9M10.3M400K-5.7M10.6M3.5M3.8M
Working Capital Changes-54.3M74.9M-18.6M7M-96M114.6M-32.4M-214.9M-58.6M-5.4M
Change in Receivables48.8M21.3M-30.9M-15.3M-17.5M178M-142M30.4M-24.4M-11.2M
Change in Inventory1.4M34.3M-29.4M-40.1M13.6M-29.1M-121.4M-187M109.6M53.6M
Change in Payables-8.1M38M32.6M58.3M-63.6M-81.9M114.2M-56.9M-75.1M-3.7M
Cash from Investing+-1.97B-121.8M2.63B-68.8M-331.9M-117.9M-390.7M-1.58B-85.4M-187.6M
Capital Expenditures-134.3M-117.8M-70.9M-48.2M-58.5M-62.2M-60.2M-85.2M-76M-74.4M
CapEx % of Revenue0.02%0.02%0.01%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Acquisitions----------
Investments----------
Other Investing82.7M21M1.4M-6.9M-900K2.3M6.6M4.4M-8.8M-5.2M
Cash from Financing+1.29B-600.1M-3.43B-407.9M-17.1M-435.9M-222.2M1.23B-468.1M-636.7M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-231.7M-243.6M-251.7M-187.2M-122.7M-127.1M-133M-138.6M-145.2M-152.3M
Share Repurchases----------
Other Financing-20.8M29.5M-95.7M901.4M5.6M05.2M-6.2M0-9.1M
Net Change in Cash----------
Free Cash Flow+605M743.6M549.3M390.9M294.5M511.4M553M278.1M543.2M692.3M
FCF Margin %0.09%0.15%0.11%0.13%0.1%0.17%0.15%0.07%0.13%0.17%
FCF Growth %-0.31%0.23%-0.26%-0.29%-0.25%0.74%0.08%-0.5%0.95%0.27%
FCF per Share3.314.062.992.201.733.053.301.683.274.14
FCF Conversion (FCF/Net Income)1.58x1.65x0.93x1.26x0.99x1.60x1.11x0.76x0.99x1.23x
Interest Paid0143.4M107.2M43.7M33.7M41M29.9M57M146.4M145.6M
Taxes Paid0145.1M362.1M92.9M59M67.7M71.8M122.6M120M121M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)10.17%11.86%14.35%10.11%18.77%17.66%24.42%18.75%21.02%18.45%
Return on Invested Capital (ROIC)6.58%6.04%6.97%7.35%11.73%11.67%15.26%10.75%10.94%11.65%
Gross Margin33.89%36.69%37.05%35.33%35.56%35.05%35.04%33.11%37.01%39.16%
Net Margin7.27%10.68%13.5%11.72%12.03%11.88%14.69%11.67%15.17%15.32%
Debt / Equity1.03x1.01x0.29x0.43x0.57x0.44x0.41x0.89x0.65x0.50x
Interest Coverage6.87x4.72x7.80x13.40x14.37x19.31x50.95x9.63x6.25x9.07x
FCF Conversion1.58x1.65x0.93x1.26x0.99x1.60x1.11x0.76x0.99x1.23x
Revenue Growth-8.38%-24.17%0.95%-39.94%-0.27%2.05%24.75%9.48%-0.42%-0.53%

Revenue by Segment

2015201620172018201920202021202220232024
Industrial & Flow Technologies-----1.27B1.42B1.5B1.58B1.51B
Industrial & Flow Technologies Growth------11.60%5.59%5.42%-4.30%
Pool--------1.34B1.44B
Pool Growth---------6.88%
Water Unit--2.84B------1.13B
Water Unit Growth----------
Water Solutions--------1.18B-
Water Solutions Growth----------
Corporate-----1.3M1.5M1.5M1.6M-
Corporate Growth------15.38%0.00%6.67%-
Consumer Solutions-----1.74B2.34B2.62B--
Consumer Solutions Growth------34.37%11.85%--
Filtration Solutions---1B1.07B-----
Filtration Solutions Growth----6.58%-----
Aquatic Systems---1.03B985.3M-----
Aquatic Systems Growth-----3.98%-----
Flow Technologies---936.7M903.6M-----
Flow Technologies Growth-----3.53%-----
Others-23.5M-17.3M-5.8M1.3M1.4M-----
Others Growth-26.38%66.47%122.41%7.69%-----
Electrical Unit--2.1B-------
Electrical Unit Growth----------
Technical Solutions1.81B2.12B--------
Technical Solutions Growth-16.95%--------
Water Quality Systems1.38B1.43B--------
Water Quality Systems Growth-3.38%--------
Flow & Filtration Solutions1.44B1.36B--------
Flow & Filtration Solutions Growth--5.45%--------
Valves And Controls1.84B---------
Valves And Controls Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
UNITED STATES3.09B2.9B2.97B1.86B1.87B2.01B2.57B2.91B2.84B2.83B
UNITED STATES Growth--6.27%2.64%-37.52%0.46%7.77%27.81%13.30%-2.65%-0.08%
Developing Countries---476.5M480.6M427.5M487.1M515.5M558M527.2M
Developing Countries Growth----0.86%-11.05%13.94%5.83%8.24%-5.52%
Western Europe---402.7M401.6M375.3M460.4M439.2M471.9M493.3M
Western Europe Growth-----0.27%-6.55%22.68%-4.60%7.45%4.53%
Other Developed Countries---227.8M208.3M203.3M246.1M253.9M238.7M228.7M
Other Developed Countries Growth-----8.56%-2.40%21.05%3.17%-5.99%-4.19%
Europe1.14B796M827.2M-------
Europe Growth--30.27%3.92%-------
AUSTRALIA1.43B704M723.7M-------
AUSTRALIA Growth--50.62%2.80%-------
Asia790.9M492.9M411.9M-------
Asia Growth--37.68%-16.43%-------

Frequently Asked Questions

Valuation & Price

Pentair plc (PNR) has a price-to-earnings (P/E) ratio of 28.6x. This suggests investors expect higher future growth.

Growth & Financials

Pentair plc (PNR) reported $4.13B in revenue for fiscal year 2024. This represents a 19% increase from $3.46B in 2011.

Pentair plc (PNR) saw revenue decline by 0.5% over the past year.

Yes, Pentair plc (PNR) is profitable, generating $654.1M in net income for fiscal year 2024 (15.3% net margin).

Dividend & Returns

Yes, Pentair plc (PNR) pays a dividend with a yield of 0.85%. This makes it attractive for income-focused investors.

Pentair plc (PNR) has a return on equity (ROE) of 18.4%. This is reasonable for most industries.

Pentair plc (PNR) generated $782.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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