Upside case
Bull case
$103+28.4%
PNR would need investors to value it at roughly 19x earnings — about 4x more generous than today's 15x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewHoldUpdated May 1, 2026
Pentair plc (PNR) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Hold
Covering
41
analysts
17 bullish · 5 bearish · 41 covering PNR
Strong Buy
0
Buy
17
Hold
19
Sell
5
Strong Sell
0
Consensus Target
$114
+42.0% vs today
Scenario Range
$53 – $103
Model bear to bull value window
Coverage
41
Published analyst ratings
Valuation Context
14.9x
Forward P/E · Market cap $12.9B
PNR price targets
Three scenarios for where PNR stock could go
Current
~$80
Confidence
65 / 100
Updated
May 1, 2026
Where we are now
Current · $80
Bear
$53
Base
$100
Bull
$103
Market caseClosest to today
Base case
$100+25.0%
At 19x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$53-33.7%
If investor confidence fades or macro conditions deteriorate, a 5x multiple contraction could push PNR down roughly 34% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Pentair plc
PNR · NYSEIndustrialsIndustrial - MachineryDecember year-end
Pentair is a water technology company that designs and manufactures equipment for residential, commercial, and industrial water applications. It generates revenue primarily through its Consumer Solutions segment — selling pool equipment and water treatment systems — and its Industrial & Flow Technologies segment, which provides fluid treatment and flow control products. The company benefits from strong brand recognition across its portfolio — including Everpure, RainSoft, and Sta-Rite — and deep technical expertise in water management systems.
Market Cap
$12.9B
Revenue TTM
$4.2B
Net Income TTM
$671M
Net Margin
16.0%
PNR Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
100%Exceptional
12 quarters tracked
Revenue Beat Rate
100%Exceptional
vs consensus estimates
Avg EPS Surprise
+5.1%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$1.39/$1.34
Revenue
$1.1B/$1.1B
Q4 2025
EPS
$1.24/$1.18
Revenue
$1.0B/$1.0B
Q1 2026
EPS
$1.18/$1.17
Revenue
$1.0B/$1.0B
Q2 2026
EPS
$1.22/$1.17
Revenue
$1.0B/$1.0B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $1.39/$1.34 | +3.7% | $1.1B/$1.1B | +0.4% |
| Q4 2025 | $1.24/$1.18 | +5.1% | $1.0B/$1.0B | +1.7% |
| Q1 2026 | $1.18/$1.17 | +0.9% | $1.0B/$1.0B | +1.3% |
| Q2 2026 | $1.22/$1.17 | +4.3% | $1.0B/$1.0B | +0.9% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$4.3B
+2.4% YoY
FY2
$4.4B
+3.4% YoY
EPS Outlook
FY1
$4.77
+16.3% YoY
FY2
$4.95
+3.8% YoY
Trailing FCF (TTM)$716M
FCF Margin: 17.0%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
PNR beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
PNR Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $4.2B
Product Mix
Latest annual revenue by segment or product family
Pool
37.3%
+8.5% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
UNITED STATES
70.4%
+3.7% YoY
Tap, hover, or focus a slice to inspect segment detail.
Pool is the largest disclosed segment at 37.3% of FY 2025 revenue, up 8.5% YoY.
UNITED STATES is the largest reported region at 70.4%, up 3.7% YoY.
PNR Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Fairly Valued
Fair value est. $80 — implies +1.2% from today's price.
Upside to Fair Value
1.2%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
PNR
20.2x
vs
S&P 500
25.2x
20% discount
vs Industrials Trailing P/E
PNR
20.2x
vs
Industrials
25.9x
22% discount
vs PNR 5Y Avg P/E
Today
20.2x
vs
5Y Average
22.1x
8% discount
Forward PE
14.9x
S&P 500
19.1x
-22%
Industrials
20.8x
-28%
5Y Avg
—
—
Trailing PE
20.2x
S&P 500
25.2x
-20%
Industrials
25.9x
-22%
5Y Avg
22.1x
-8%
PEG Ratio
1.54x
S&P 500
1.75x
-12%
Industrials
1.59x
-3%
5Y Avg
—
—
EV/EBITDA
14.8x
S&P 500
15.3x
-3%
Industrials
13.9x
+7%
5Y Avg
17.6x
-16%
Price/FCF
17.3x
S&P 500
21.3x
-19%
Industrials
20.6x
-16%
5Y Avg
23.7x
-27%
Price/Sales
3.1x
S&P 500
3.1x
-1%
Industrials
1.6x
+95%
5Y Avg
3.2x
-5%
Dividend Yield
1.24%
S&P 500
1.88%
-34%
Industrials
1.24%
+0%
5Y Avg
1.20%
+3%
| Metric | PNR | S&P 500 | Industrials | 5Y Avg PNR |
|---|---|---|---|---|
| Forward PE | 14.9x | 19.1x-22% | 20.8x-28% | — |
| Trailing PE | 20.2x | 25.2x-20% | 25.9x-22% | 22.1x |
| PEG Ratio | 1.54x | 1.75x-12% | 1.59x | — |
| EV/EBITDA | 14.8x | 15.3x | 13.9x | 17.6x-16% |
| Price/FCF | 17.3x | 21.3x-19% | 20.6x-16% | 23.7x-27% |
| Price/Sales | 3.1x | 3.1x | 1.6x+95% | 3.2x |
| Dividend Yield | 1.24% | 1.88% | 1.24% | 1.20% |
PNR trades above S&P 500 benchmarks on 0 of 6 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolPNR Financial Health
Verdict
Strong
PNR generates $716M in free cash flow at a 17.0% margin — 12.1% ROIC signals a durable competitive advantage · returns 3.0% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$4.2B
Revenue Growth
TTM vs prior year
+3.1%
Gross Margin
Gross profit as a share of revenue
40.9%
Operating Margin
Operating income divided by revenue
20.6%
Net Margin
Net income divided by revenue
16.0%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$4.10
Free Cash Flow (TTM)
Cash generation after capex
$716M
FCF Margin
FCF as share of revenue — the primary cash quality signal
17.0%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
12.1%
ROA
Return on assets, trailing twelve months
9.9%
Cash & Equivalents
Liquid assets on the balance sheet
$102M
Net Debt
Total debt minus cash
$1.5B
Debt Serviceability
Net debt as a multiple of annual free cash flow
2.1× FCF
~2.1 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
17.7%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
3.0%
Dividend
1.2%
Buyback
1.7%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$225M
Dividend / Share
Annualized trailing dividend per share
$0.99
Payout Ratio
Share of earnings distributed as dividends
25.1%
Shares Outstanding
Declining as buybacks retire shares
162M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pagePNR Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated April 29, 2026
High Risk
Economic Sensitivity
A significant slowdown in U.S. residential construction, driven by high interest rates and affordability issues, could negatively impact Pentair's sales growth. Weakening U.S. economic growth could lead to a sharp slowdown in the Pool and Water Solutions segments, which constitute a substantial portion of the company's earnings.
High Risk
Market and Competitive Risks
Rising competition in the pool equipment market poses a risk to Pentair's market share and pricing power. Softer trends in some Water Solutions end markets could also constrain volume and pricing.
Medium
Operational and Financial Considerations
There's a risk that cost savings programs, tariff mitigation, and pricing power may have limited room for further gains, potentially capping future margin expansion even if reported earnings continue to grow. While Pentair has a history of increasing its dividend, its current dividend yield is below historical averages.
Medium
Valuation Concerns
The company's valuation, particularly its price-to-earnings (P/E) ratio, is considered by some analysts to be already reflecting operational improvements, potentially limiting upside potential.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why PNR Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated April 29, 2026
Revenue Growth and Margin Expansion
Pentair is expected to achieve annual revenue growth of around 4.0-4.2%. Bulls anticipate margin expansion driven by portfolio reshaping, cost efficiencies, and the introduction of higher-value products.
Strategic Acquisitions and Initiatives
Recent acquisitions like Gulfstream and Hydra-Stop are performing well and are expected to contribute to future growth. The company's revamped strategy emphasizes innovation and digital capabilities, positioning it for sustainable above-market growth.
Financial Strength and Capital Deployment
Pentair boasts a strong balance sheet with record free cash flow and a healthy leverage ratio. This financial strength allows for strategic capital deployment, potentially leading to significant medium-term earnings upside.
Favorable Market Position
Pentair's strong position in the water treatment industry is bolstered by increasing demand for advanced water technologies and stricter water quality regulations. This growing market presents substantial opportunities for the company.
Positive Analyst Consensus
A significant portion of analysts recommend buying Pentair stock, with a consensus rating of 'Buy' or 'Moderate Buy.' Many analysts have set price targets well above the current stock price, indicating expected upside.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
PNR Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$79.97
52W Range Position
8%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$77.02
+3.8% from the low
52-Week High
$113.95
-29.8% from the high
1 Month
-7.54%
3 Month
-17.85%
YTD
-24.2%
1 Year
-12.7%
3Y CAGR
+10.9%
5Y CAGR
+3.5%
10Y CAGR
+7.4%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
PNR vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
14.9x
vs 21.1x median
-29% below peer median
Revenue Growth
+2.4%
vs +5.0% median
-52% below peer median
Net Margin
16.0%
vs 10.7% median
+49% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
PNR PNR Pentair plc | $12.9B | 14.9x | +2.4% | 16.0% | Hold | +42.0% |
XYL XYL Xylem Inc. | $28.2B | 21.4x | +6.5% | 10.7% | Hold | +27.8% |
RXO RXO RXO, Inc. | $3.2B | — | +10.8% | -1.7% | Hold | -18.5% |
FEL FELE Franklin Electric Co., Inc. | $4.5B | 22.0x | +5.0% | 6.9% | Hold | -1.0% |
ITR ITRI Itron, Inc. | $3.7B | 13.8x | +1.8% | 12.3% | Hold | +65.1% |
DHR DHR Danaher Corporation | $123.8B | 20.7x | +1.8% | 14.9% | Buy | +41.2% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
PNR Dividend and Capital Return
PNR returns 3.1% annually — 1.28% through dividends and 1.8% through buybacks.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
3.1%
Dividend + buyback return per year
Buyback Yield
1.8%
Dividend Yield
1.28%
Payout Ratio
25.1%
How PNR Splits Its Return
Div 1.28%
Buyback 1.8%
Dividend 1.28%Buybacks 1.8%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.99
Growth Streak
Consecutive years of dividend increases
6Y
3Y Div CAGR
6.0%
5Y Div CAGR
5.6%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$225M
Estimated Shares Retired
3M
Approx. Share Reduction
1.7%
Shares Outstanding
Current diluted share count from the screening snapshot
162M
At 1.7%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.54 | — | — | — |
| 2025 | $1.00 | +8.7% | 1.3% | 2.3% |
| 2024 | $0.92 | +4.5% | 0.9% | 1.8% |
| 2023 | $0.88 | +4.8% | 0.0% | 1.2% |
| 2022 | $0.84 | +5.0% | 0.7% | 2.6% |
FAQ
7 questionsPNR Investor Questions
Common questions answered from live analyst data and company financials.
01Is Pentair plc (PNR) stock a buy or sell in 2026?
Pentair plc (PNR) is rated Hold by Wall Street analysts as of 2026. Of 41 analysts covering the stock, 17 rate it Buy or Strong Buy, 19 rate it Hold, and 5 rate it Sell or Strong Sell. The consensus 12-month price target is $114, implying +42.0% from the current price of $80. The bear case scenario is $53 and the bull case is $103.
02What is the PNR stock price target for 2026?
The Wall Street consensus price target for PNR is $114 based on 41 analyst estimates. The high-end target is $135 (+68.8% from today), and the low-end target is $90 (+12.5%). The base case model target is $100.
03Is Pentair plc (PNR) stock overvalued in 2026?
PNR trades at 14.9x times forward earnings. The stock currently trades at a discount to the broader market. Based on current multiples versus the peer group, the relative model signals fairly valued. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Pentair plc (PNR) stock in 2026?
The primary risks for PNR in 2026 are: (1) Economic Sensitivity — A significant slowdown in U. (2) Market and Competitive Risks — Rising competition in the pool equipment market poses a risk to Pentair's market share and pricing power. (3) Operational and Financial Considerations — There's a risk that cost savings programs, tariff mitigation, and pricing power may have limited room for further gains, potentially capping future margin expansion even if reported earnings continue to grow. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Pentair plc's revenue and earnings forecast?
Analyst consensus estimates PNR will report consensus revenue of $4.3B (+2.4% year-over-year) and EPS of $4.77 (+16.3% year-over-year) for the upcoming fiscal year. The following year, analysts project $4.4B in revenue.
06When does Pentair plc (PNR) report its next earnings?
A confirmed upcoming earnings date for PNR is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
07How much free cash flow does Pentair plc generate?
Pentair plc (PNR) generated $716M in free cash flow over the trailing twelve months — a free cash flow margin of 17.0%. PNR returns capital to shareholders through dividends (1.3% yield) and share repurchases ($225M TTM).