US Market News
2月前
Pentair Pool and Pool Brain to Release Technology Integration to Accelerate Digital Transformation of Pool Service Through Data-Driven InsightsMay 5, 2026 6:50 AM
Business Wire The planned first-of-its-kind technology integration aims to provide actionable insights to support faster diagnostics, smarter planning, and a better customer experience Pentair Pool, a leader in smart, sustainable pool solutions, today announced plans to release a technology integration with Pool Brain, a premier software platform for swimming pool service and repair professionals, to strengthen Pentair Pool’s connected equipment ecosystem and further advance Pentair’s vision for data-driven service and automation for pool professionals. This future integration is designed to equip pool professionals with streamlined, all-in-one insights—enabling faster, more informed service for homeowners. The long-anticipated integration will bring together Pentair Pool’s connected pool equipment, the largest installed based in the U.S., and automation technology from Pool Brain’s service management platform to deliver critical insights before a technician ever arrives on site. With the technology integration, for the first time, service professionals will be able to gain a consolidated, data-driven view of pool conditions through an all-in-one software solution—helping them arrive informed, prepared, and confident. “This future technology integration is designed to not only provide pool servicers with deeper insight into our connected equipment but empower them to deliver superior service to pool owners,” said Greg Claffey, Senior Vice President and President, Pentair Pool. “Together with Pool Brain this integration will provide insights that will help reduce truck rolls and increase profitability for servicers while, most importantly, ensuring that pool owners are able to enjoy more pool days with their friends and family.” The expected release of the Pentair Pool–Pool Brain technology integration is designed to support pool service teams with goals of: Automated visibility into equipment status and pool performance Smarter and simplified service planning that helps reduce truck rolls and diagnostic time Improved customer experiences through faster resolution, proactive issue prevention, and informed service calls Streamlined and focused technology consolidating platforms for more efficient workflows Digital access to product information and performance data—making Pentair Pool one of the first manufacturers to deliver the insights pros need, directly within the platforms they already use. The collaboration reflects Pentair Pool’s broader vision to deliver connected, intelligent pool solutions that help save time, build efficiencies, and grow servicer profitability in every stage of operating, servicing, and growing a pool business. “Remote data monitoring is the future of the pool service industry and this ground breaking integration with Pentair Pool marks a major step forward,” said Adam Beech, founder and CEO of Pool Brain. “Pool Brain was built from day one with this future in mind and we’re thrilled to now integrate with the most widely deployed connected pool equipment in the market. Service companies will finally be able to connect the equipment on the pad to the software platform they already use to gain automated data visibility, even when not on property. This data, combined with Pool Brain’s alerts and automations create benefits that simply weren’t possible until now. It’s a huge win for both pool pros and pool owners.” Building on its legacy of industry-leading innovation, Pentair Pool is once again redefining how pools are managed and enjoyed. The expected rollout for the Pentair Pool technology integration with Pool Brain is late summer 2026. Pool professionals can stay up to date on the next steps for the Pentair Pool–Pool Brain technology integration by signing up to be the first to know how the game is changing in the pool industry, at Pentair-Pool Brain Integration. About Pentair Pool Pentair Pool is a Pentair plc business. At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive. As an industry leader in the pool and spa space, Pentair Pool is driven to help people sustainably enjoy water. Our solutions include industry-leading pumps, automation, lighting, heating, and filtration technologies that help customers enjoy a smarter and more efficient pool. Customer success is central to our vision—bringing family and friends together in the pool and on the deck to build social connections, create lifelong memories, and promote fitness and enjoyment. For more information, visit pentair.com/pool and follow Pentair Pool on Facebook and Instagram. About Pool Brain A modern “all in one” pool software platform built by industry experts to give you more time, more money, and less stress. Key features include fully automated chemical dosing, remote data monitoring, custom alerts, guided workflows, scheduling, route optimization, quotes (estimates), jobs (work orders), automatic billing, self-serve customer portal, products & services management, customer management, multiple bodies of water, equipment tracking, issue reporting, technician controls, built-in customer feedback, mobile app (no signal required), auto-notifications, group emails, reporting and integrations, and more. For more information, visit poolbrain.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260505021856/en/ Media Contact:
Heather Morris
Pentair Communications
heather.morris@pentair.com Original: Pentair Pool and Pool Brain to Release Technology Integration to Accelerate Digital Transformation of Pool Service Through Data-Driven Insights
US Market News
2月前
Pentair Reports Strong First Quarter 2026 ResultsApril 28, 2026 6:50 AM
Business Wire
Sales of $1,037 million, up 3 percent compared to sales for the same period last year
Operating income was $210 million with ROS of 20.3 percent, an increase of 20 basis points compared to the prior year period; on an adjusted basis, ROS expanded 100 basis points to 25.0 percent
GAAP EPS increased 5 percent to $0.98 when compared to the prior year period and adjusted EPS rose 10 percent to $1.22
Repurchased $200 million of ordinary shares
The company updated its full year 2026 GAAP EPS guidance to approximately $4.83 to $4.93, up 23 percent to 25 percent versus the prior year, and updated EPS guidance on an adjusted basis to approximately $5.30 to $5.40, up 8 percent to 10 percent versus the prior year
Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.
Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today announced first quarter 2026 sales of $1,037 million. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 1 percent in the first quarter. First quarter 2026 earnings per diluted share from continuing operations (“EPS”) were $0.98 compared to $0.93 in the first quarter of 2025, a 5 percent increase. On an adjusted basis, the Company reported first quarter 2026 EPS of $1.22 compared to $1.11 in the first quarter of 2025, reflecting a 10 percent increase. Adjusted operating income, reportable segment income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.
John L. Stauch, Pentair’s President and Chief Executive Officer commented, “Continued execution across our Move, Improve and Enjoy Water portfolio led by our Pentair Business System initiatives drove another quarter of sales and earnings growth, and delivered strong productivity and margin expansion. At our recent Investor Day in March, we provided our target long-term growth algorithm detailing our organic growth strategy and continued margin expansion opportunity over the next three years. We believe we have structurally changed our business model into a resilient and balanced water portfolio to drive durable earnings growth long term and mitigate the impacts of economic cyclicality. Our strategy has guided us to deliver breakthrough innovation, invest in organic growth, drive strong financial performance and return capital to shareholders. With a solid balance sheet, strong cash flow, a balanced capital deployment strategy and a resilient water portfolio, we remain focused on delivering long-term shareholder value.”
First quarter 2026 operating income was $210 million, up 3 percent compared to operating income for the first quarter of 2025, and return on sales (“ROS”) was 20.3 percent, an increase of 20 basis points when compared to the first quarter of 2025. On an adjusted basis, the Company had adjusted operating income of $259 million for the first quarter of 2026, up 7 percent compared to adjusted operating income for the first quarter of 2025, and ROS was 25.0 percent, an increase of 100 basis points when compared to the first quarter of 2025.
Flow sales were up 11 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 2 percent in the first quarter. Reportable segment income of $61 million was up 22 percent compared to the first quarter of 2025, and ROS was 23.7 percent, an increase of 210 basis points when compared to the first quarter of 2025.
Water Solutions sales were down 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 1 percent in the first quarter. Reportable segment income of $100 million was up 6 percent compared to the first quarter of 2025, and ROS was 25.5 percent, an increase of 160 basis points when compared to the first quarter of 2025.
Pool sales were up 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 1 percent in the first quarter. Reportable segment income of $128 million was up 2 percent compared to the first quarter of 2025, and ROS was 33.1 percent, an increase of 30 basis points when compared to the first quarter of 2025.
Net cash used for operating activities was $67 million for the quarter compared to $39 million in the first quarter of 2025. Free cash flow used for the quarter was $86 million compared to $56 million in the first quarter of 2025.
SHAREHOLDER RETURNS
Pentair paid a regular cash dividend of $0.27 per share in the first quarter of 2026. In addition, Pentair previously announced on February 23, 2026 that it will pay a regular quarterly cash dividend of $0.27 per share on May 1, 2026 to shareholders of record at the close of business on April 17, 2026. This year marks the 50th consecutive year that Pentair has increased its dividend.
During the first quarter, the Company repurchased 2.0 million shares for $200 million. As of March 31, 2026, we had $800.0 million available for share repurchases under our share repurchase authorization.
OUTLOOK
Mr. Stauch concluded, “Our full year outlook reflects a strong first quarter and cautious optimism as we head into our most important quarter seasonally. Our sales growth forecast assumes limited to no U.S. residential recovery and continued expansion across our commercial, industrial and municipal verticals. We feel confident that we expect to control what we can and continue to mitigate risk. We also introduced second quarter guidance reflecting sales growth, margin expansion and EPS growth. As a leader in helping the world move, improve and enjoy water, life’s most essential resource, we are well positioned to capture opportunities from favorable secular trends in water and we continue to invest to drive long-term sales and earnings growth.”
The Company updated its estimated 2026 GAAP EPS from continuing operations to approximately $4.83 to $4.93, up 23 percent to 25 percent versus the prior year, and updated estimated EPS on an adjusted basis to approximately $5.30 to $5.40, up 8 percent to 10 percent versus the prior year. The Company updated its estimated full year 2026 sales to be up approximately 2 to 4 percent on a reported basis.
In addition, the Company introduces estimated second quarter 2026 GAAP EPS from continuing operations guidance of approximately $1.39 to $1.42, up approximately 54 percent to 58 percent compared to the prior year period, and adjusted EPS of approximately $1.47 to $1.50, up approximately 6 percent to 8 percent compared to the prior year period. The Company expects second quarter sales to be up approximately 1 percent on a reported basis compared to the second quarter of 2025.
EARNINGS CONFERENCE CALL
Pentair President and Chief Executive Officer John L. Stauch and Chief Financial Officer Nicholas J. Brazis will discuss the Company’s first quarter 2026 results on a conference call with investors at 9:00 a.m. Eastern today. A live audio webcast of the call, along with the related presentation, can be accessed in the Investor Relations section of the Company’s website, www.pentair.com, shortly before the call begins.
Reconciliations of non-GAAP financial measures are set forth in the attachments to this release and in the presentations, each of which can be found on Pentair’s website. The webcast and presentations will be archived at the Company’s website following the conclusion of the event.
SEGMENT REORGANIZATION
Effective January 1, 2026, we reorganized the composition of our Flow and Water Solutions reportable segments to reflect how we are managing our business. As a result of this reorganization, our legacy residential and irrigation flow business moved from our Flow segment into our Water Solutions segment. The Pool segment remains unchanged. The applicable prior period amounts related to this change have been retrospectively reclassified to conform to the new composition. These changes have no impact on the Company’s historical consolidated financial performance or results of operations.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future” or words, phrases, or terms of similar substance or the negative thereof are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall global economic and business conditions impacting our business, including the strength of housing and related markets and conditions relating to international hostilities; supply, demand, logistics, competition and pricing pressures related to and in the markets we serve; the ability to achieve the benefits of our restructuring plans, cost reduction initiatives and Transformation Program; the impact of raw material, logistics and labor costs and other inflation; volatility in currency exchange rates and interest rates; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; risks associated with operating foreign businesses; the impact of seasonality of sales and weather conditions; our ability to comply with laws and regulations; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating and sustainability goals and targets. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2025. All forward-looking statements, including all financial forecasts, speak only as of the date of this release. Pentair assumes no obligation, and disclaims any obligation, to update the information contained in this release.
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
Pentair plc and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
Three months ended
In millions, except per-share data
March 31,
2026
March 31,
2025
Net sales
$
1,036.7
$
1,010.4
Cost of goods sold
603.3
607.1
Gross profit
433.4
403.3
% of net sales
41.8
%
39.9
%
Selling, general and administrative
198.9
176.6
% of net sales
19.2
%
17.5
%
Research and development
24.5
23.6
% of net sales
2.4
%
2.3
%
Operating income
210.0
203.1
% of net sales
20.3
%
20.1
%
Other expense
Other expense
0.5
0.5
Net interest expense
20.1
19.7
% of net sales
1.9
%
1.9
%
Income from continuing operations before income taxes
189.4
182.9
Provision for income taxes
28.6
28.0
Effective tax rate
15.1
%
15.3
%
Net income from continuing operations
160.8
154.9
Income from discontinued operations, net of tax
11.6
—
Net income
$
172.4
$
154.9
Earnings per ordinary share
Basic
Continuing operations
$
0.99
$
0.94
Discontinued operations
0.07
—
Basic earnings per ordinary share
$
1.06
$
0.94
Diluted
Continuing operations
$
0.98
$
0.93
Discontinued operations
0.07
—
Diluted earnings per ordinary share
$
1.05
$
0.93
Weighted average ordinary shares outstanding
Basic
162.5
164.9
Diluted
163.7
166.3
Cash dividends paid per ordinary share
$
0.27
$
0.25
Pentair plc and Subsidiaries
Condensed Consolidated Balance Sheets (Unaudited)
March 31,
2026
December 31,
2025
In millions
Assets
Current assets
Cash and cash equivalents
$
67.7
$
101.6
Accounts receivable, net
913.7
673.2
Inventories
642.0
632.6
Other current assets
139.6
134.4
Total current assets
1,763.0
1,541.8
Property, plant and equipment, net
377.1
376.8
Other assets
Goodwill
3,524.7
3,538.1
Intangibles, net
1,056.1
1,073.3
Other non-current assets
351.1
338.8
Total other assets
4,931.9
4,950.2
Total assets
$
7,072.0
$
6,868.8
Liabilities and Equity
Current liabilities
Accounts payable
$
332.5
$
301.5
Employee compensation and benefits
94.5
120.1
Other current liabilities
512.5
537.7
Total current liabilities
939.5
959.3
Other liabilities
Long-term debt
1,944.3
1,638.6
Pension and other post-retirement compensation and benefits
58.2
58.8
Deferred tax liabilities
45.7
47.5
Other non-current liabilities
274.2
295.4
Total liabilities
3,261.9
2,999.6
Equity
3,810.1
3,869.2
Total liabilities and equity
$
7,072.0
$
6,868.8
Pentair plc and Subsidiaries
Condensed Consolidated Statements of Cash Flows (Unaudited)
Three months ended
In millions
March 31,
2026
March 31,
2025
Operating activities
Net income
$
172.4
$
154.9
Income from discontinued operations, net of tax
(11.6
)
—
Adjustments to reconcile net income from continuing operations to net cash provided by (used for) operating activities of continuing operations
Equity income of unconsolidated subsidiaries
(0.5
)
(0.4
)
Depreciation
14.6
14.8
Amortization
15.7
14.2
Deferred income taxes
1.8
11.5
Share-based compensation
15.7
12.6
Asset impairment and write-offs
—
5.2
Changes in assets and liabilities, net of effects of business acquisitions
Accounts receivable
(243.0
)
(261.6
)
Inventories
(11.5
)
(3.5
)
Other current assets
(6.6
)
(12.5
)
Accounts payable
33.5
23.8
Employee compensation and benefits
(24.5
)
(24.3
)
Other current liabilities
(23.7
)
22.6
Other non-current assets and liabilities
0.3
3.8
Net cash used for operating activities
(67.4
)
(38.9
)
Investing activities
Capital expenditures
(18.5
)
(16.8
)
Proceeds from sale of property and equipment
0.2
—
Net cash used for investing activities
(18.3
)
(16.8
)
Financing activities
Net repayments of short-term borrowings
—
(9.3
)
Net borrowings of revolving long-term debt
304.9
196.2
Shares issued to employees, net of shares withheld
(10.2
)
(8.6
)
Repurchases of ordinary shares
(200.0
)
(50.0
)
Dividends paid
(44.1
)
(41.2
)
Net cash provided by financing activities
50.6
87.1
Effect of exchange rate changes on cash and cash equivalents
1.2
(9.5
)
Change in cash and cash equivalents
(33.9
)
21.9
Cash and cash equivalents, beginning of period
101.6
118.7
Cash and cash equivalents, end of period
$
67.7
$
140.6
Pentair plc and Subsidiaries
Reconciliation of the GAAP Operating Activities Cash Flow to the Non-GAAP Free Cash Flow (Unaudited)
Three months
ended
Three months
ended
In millions
March 31,
2026
March 31,
2025
Net cash used for operating activities
$
(67.4
)
$
(38.9
)
Capital expenditures
(18.5
)
(16.8
)
Proceeds from sale of property and equipment
0.2
—
Free cash flow
$
(85.7
)
$
(55.7
)
Pentair plc and Subsidiaries
Supplemental Financial Information by Reportable Segment (Unaudited)
2026
2025
In millions
First
Quarter
First
Quarter
Net sales
Flow
$
258.1
$
232.6
Water Solutions
391.0
393.5
Pool
387.1
383.9
Reportable segment net sales
1,036.2
1,010.0
Corporate and other
0.5
0.4
Net sales
$
1,036.7
$
1,010.4
Reportable segment income (loss)
Flow
$
61.2
$
50.2
Water Solutions
99.9
94.1
Pool
128.1
126.0
Reportable segment income
289.2
270.3
Corporate and other
(30.1
)
(27.8
)
Adjusted operating income
$
259.1
$
242.5
Return on sales
Flow
23.7
%
21.6
%
Water Solutions
25.5
%
23.9
%
Pool
33.1
%
32.8
%
Adjusted return on sales
25.0
%
24.0
%
Pentair plc and Subsidiaries
Reconciliation of GAAP to Non-GAAP Financial Measures for the Year Ending December 31, 2026
Excluding the Effect of Adjustments (Unaudited)
Actual
Forecast
In millions, except per-share data
First
Quarter
Second
Quarter
Full
Year
Net sales
$
1,036.7
approx
Up 1%
approx
Up 2% - 4%
Operating income
210.0
approx
Up 36% - 37%
approx
Up 19% - 21%
Return on sales
20.3
%
Adjustments:
Restructuring and other
21.4
approx
$
—
approx
$
21
Transformation costs
11.5
approx
—
approx
12
Intangible amortization
15.7
approx
15
approx
62
Equity income of unconsolidated subsidiaries
0.5
approx
1
approx
3
Adjusted operating income
259.1
approx
Up 5% - 6%
approx
Up 6% - 8%
Adjusted return on sales
25.0
%
Net income from continuing operations—as reported
160.8
approx
$227 - $232
approx
$787 - $803
Adjustments to operating income
48.6
approx
15
approx
95
Income tax adjustments
(10.4
)
approx
(2
)
approx
(18
)
Net income from continuing operations—as adjusted
$
199.0
approx
$240 - $245
approx
$864 - $880
Continuing earnings per ordinary share—diluted
Diluted earnings per ordinary share—as reported
$
0.98
approx
$1.39 - $1.42
approx
$4.83 - $4.93
Adjustments
0.24
approx
0.08
approx
0.47
Diluted earnings per ordinary share—as adjusted
$
1.22
approx
$1.47 - $1.50
approx
$5.30 - $5.40
Pentair plc and Subsidiaries
Reconciliation of GAAP to Non-GAAP Financial Measures for the Year Ending December 31, 2025
Excluding the Effect of Adjustments (Unaudited)
In millions, except per-share data
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
$
1,010.4
$
1,123.1
$
1,022.0
$
1,020.5
$
4,176.0
Operating income
203.1
217.7
231.7
205.0
857.5
Return on sales
20.1
%
19.4
%
22.7
%
20.1
%
20.5
%
Adjustments:
Restructuring and other
10.5
10.4
0.2
10.2
31.3
Transformation costs
9.1
12.5
10.8
8.4
40.8
Intangible amortization
14.2
14.3
13.9
15.7
58.1
Legal accrual adjustments and settlements
—
—
—
11.6
11.6
Asset impairment and write-offs
5.2
41.8
1.5
0.6
49.1
Deal-related costs and expenses
—
—
4.1
—
4.1
Equity income of unconsolidated subsidiaries
0.4
—
0.4
0.2
1.0
Adjusted operating income
242.5
296.7
262.6
251.7
1,053.5
Adjusted return on sales
24.0
%
26.4
%
25.7
%
24.7
%
25.2
%
Net income from continuing operations—as reported
154.9
148.5
184.3
161.8
649.5
Loss on sale of business
—
26.3
—
—
26.3
Pension and other post retirement mark-to-market loss
—
—
—
2.4
2.4
Adjustments to operating income
39.0
79.0
30.5
46.5
195.0
Income tax adjustments
(9.7
)
(23.3
)
(9.5
)
(16.0
)
(58.5
)
Net income from continuing operations—as adjusted
$
184.2
$
230.5
$
205.3
$
194.7
$
814.7
Continuing earnings per ordinary share—diluted
Diluted earnings per ordinary share—as reported
$
0.93
$
0.90
$
1.12
$
0.98
$
3.93
Adjustments
0.18
0.49
0.12
0.20
0.99
Diluted earnings per ordinary share—as adjusted
$
1.11
$
1.39
$
1.24
$
1.18
$
4.92
Pentair plc and Subsidiaries
Reconciliation of Net Sales Growth to Core Net Sales Growth by Reportable Segment
For the Quarter Ended March 31, 2026 (Unaudited)
Q1 Net Sales Growth
Core
Currency
Acq. / Div.
Total
Total Pentair
1.1
%
2.1
%
(0.6
)%
2.6
%
Flow
2.5
%
4.2
%
4.3
%
11.0
%
Water Solutions
0.9
%
2.5
%
(4.0
)%
(0.6
)%
Pool
0.5
%
0.3
%
—
%
0.8
%
View source version on businesswire.com: https://www.businesswire.com/news/home/20260428210946/en/
PENTAIR CONTACTS
Shelly Hubbard
Vice President, Investor Relations
Direct: 763-656-5575
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: rebecca.osborn@pentair.com
Original: Pentair Reports Strong First Quarter 2026 Results
US Market News
2月前
Pentair Announces Leadership Transition for Pentair PoolApril 28, 2026 6:51 AM
Business Wire
Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water life’s most essential resource, today announced that Jerome Pedretti, Executive Vice President and Chief Executive Officer of Pentair Pool, will depart the Company effective July 1, 2026. Pedretti concludes a distinguished career with Pentair spanning more than 20 years.
In connection with Pedretti’s departure, Pentair is eliminating the Chief Executive Officer of Pentair Pool role. De’Mon Wiggins, current EVP and President, Pentair Flow and Pentair Water Solutions, will assume responsibility for the Pool segment as EVP and President, Pentair Flow, Water Solutions and Pool, effective April 28, 2026. Pedretti will remain with Pentair through his departure date to support an orderly transition.
“Over more than two decades with Pentair, Jerome has made a significant and lasting impact on our Pool and Flow businesses through his leadership, deep expertise, and unwavering commitment to our customers and our culture,” said John Stauch, Pentair President and Chief Executive Officer. “We are truly grateful for Jerome’s many contributions and for his thoughtful partnership in supporting a smooth transition. With De’Mon’s strong track record of execution and strategic leadership, I am confident in the continued momentum of our Pool business and excited about the opportunities ahead.”
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future” or words, phrases, or terms of similar substance or the negative thereof are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall global economic and business conditions impacting our business, including the strength of housing and related markets and conditions relating to international hostilities; supply, demand, logistics, competition and pricing pressures related to and in the markets we serve; the ability to achieve the benefits of our restructuring plans, cost reduction initiatives and Transformation Program; the impact of raw material, logistics and labor costs and other inflation; volatility in currency exchange rates and interest rates; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; risks associated with operating foreign businesses; the impact of seasonality of sales and weather conditions; our ability to comply with laws and regulations; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating and sustainability goals and targets. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2025. All forward-looking statements, including all financial forecasts, speak only as of the date of this release. Pentair assumes no obligation, and disclaims any obligation, to update the information contained in this release.
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260428153754/en/
Media Contact:
Shelly Hubbard
Vice President, Investor Relations
Direct: 612-812-0148
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: rebecca.osborn@pentair.com
Original: Pentair Announces Leadership Transition for Pentair Pool
US Market News
3月前
Pentair Showcases Impact and Progress in 2025 Sustainability ReportMarch 31, 2026 6:50 AM
Business Wire
Company Achieved Water Stewardship and Product Design for Sustainability Strategic Targets While Making Continued Progress Toward Greenhouse Gas Emissions Reduction Target
Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, life’s most essential resource, today released its 2025 Sustainability Report, reporting on the Company’s efforts to build a more resilient future for its business and the planet.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260331513937/en/The Pentair 2025 Sustainability Report showcases the Company's efforts to support a more sustainable future.
In the Report, Pentair highlights its efforts toward Making Better Essential, including the achievement of its Water Stewardship and Product Design for Sustainability targets, with continued progress towards its Greenhouse Gas Emissions Reduction target.
“At Pentair, we believe that water is life’s most essential resource,” said John Stauch, Pentair President and CEO. “This report shares how, together with our customers, we are building a better future that is not only more resilient for our business but also for people and the planet.”
Pentair shared the following updates on its Sustainability Strategic Targets, which are guided by its purpose to create a better world for people and the planet through smart, sustainable water solutions:
Water Stewardship Target:
In 2025, Pentair met its annual Sustainability Strategic Target focused on water stewardship by restoring 100% of water withdrawal by manufacturing sites in high-water-stress areas, representing approximately 31 million gallons of water restored to high-water-stress areas.1
Additionally, Pentair advanced its own operational efforts by reducing water withdrawal by 34.4% from the 2019 baseline in 2025 and 4.9% compared to 2024.
Greenhouse Gas Emissions Reduction Target:
In 2025, Pentair achieved continued progress toward its Sustainability Strategic Target focused on GHG emissions reduction by reducing its Scope 1 and Scope 2 GHG emissions by 54.0% from its 2019 baseline.
Product Design for Sustainability:
In 2025, Pentair achieved the Sustainability Strategic Target, focused on sustainable product design, by assessing 100% of new products2 with its product sustainability scorecard.3
“I am so proud of our progress and achievements in 2025 which has been supported and driven by Pentair employees around the world who are living our purpose of creating a better world for people and the planet through smart, sustainable water solutions,” said Oriana Raabe, PhD., Vice President of Sustainability. “Our employees are at the heart of sustainability, taking actions every day that deliver for our customers, achieve progress toward our sustainability targets, and innovate for a more sustainable future.”
The 2025 Sustainability Report also highlights examples of how Pentair’s customer-focused, sustainable innovation efforts are delivering positive impacts for its customers, and for people and the planet, including:
Move Water:
23 million more people protected from flooding by Pentair pumps sold in 20254
100,000 metric tons of carbon dioxide that can be recovered annually by customers using Pentair systems5
Improve Water:
40 billion single-use plastic water bottles avoided by customers using Pentair residential water filtration systems since 2021, equating to approximately 500,000 metric tons of plastic diverted from landfills6
18,000 gallons of water may be saved over the lifespan of the Manitowoc Indigo NXT ice machine with the new operating system, equivalent to nearly 230 bathtubs of water7
Enjoy Water:
80 percent of Pentair pool pumps and lights are energy efficient8
450,000 metric tons of CO2e emissions may be avoided by US consumers through our energy-efficient pool pumps, heaters, and lights sold in 20259, equivalent to approximately 61,000 homes’ energy use for one year10
To learn more about Pentair’s strategic targets and its 2025 Sustainability Report, visit pentair.com/impact.
1 “High-water-stress areas” are defined as areas that have an Overall Water Risk score of 3 or higher in the World Resource Institute’s Aqueduct Water Risk Atlas tool. Water planned to be restored into the same or other high-water-stress areas as Pentair withdrawal.
2 Physical products only.
3 The product sustainability scorecard analyzed five impacts from a product's lifecycle - water use, energy use, GHG emissions, resource use efficiency, and material health - and incorporated an assessment of these impacts as part of new product design.
4 Population estimates are derived from the latest available census data for the cities where pumps were sold. Actual population figures may differ based on the current 2025 population and the specific installation site of each pump following purchase.
5 Based on 2025 sales of sustainable gas solutions.
6 Based on cumulative sales of Pentair’s brands meeting this definition from 2021-2025. Calculation based on a typical single-use plastic water bottle with 16.9 ounces of volume and containing 13.3 grams of polyethylene terephthalate.
7 The updated Indigo NXT IYP0620A-261 may save up to 18,000 gallons of water over its lifespan compared to previous models. These potential water savings could be equivalent to nearly 230 bathtubs (assuming each bathtub holds 80 gallons). Savings are based on water usage data from publicly available manufacturer product specification sheets. Actual water consumption may vary.
8 Based on 2025 products sold. Metric covers North American pool pumps and lights. Energy-efficient products are defined as pool pumps previously rated by ENERGY STAR® and LED lights.
9 Based on total 2025 sales of ETi High-Efficiency Pool & Spa Heaters, pool pumps previously rated by ENERGY STAR, and LED lights made by Pentair. Savings calculated based on eight months of use.
10 Emissions equivalency, calculated in March 2026, is estimated using the US Environmental Protection Agency's (EPA) GHG Equivalencies Calculator as available at that time.
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future” or words, phrases, or terms of similar substance or the negative thereof are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall global economic and business conditions impacting our business, including the strength of housing and related markets and conditions relating to international hostilities; supply, demand, logistics, competition and pricing pressures related to and in the markets we serve; the ability to achieve the benefits of our restructuring plans, cost reduction initiatives and Transformation Program; the impact of raw material, logistics and labor costs and other inflation; volatility in currency exchange rates and interest rates; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; risks associated with operating foreign businesses; the impact of seasonality of sales and weather conditions; our ability to comply with laws and regulations; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating and sustainability goals and targets. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2025. All forward-looking statements, including all financial forecasts, speak only as of the date of this release. Pentair assumes no obligation, and disclaims any obligation, to update the information contained in this release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260331513937/en/
Shelly Hubbard
Vice President, Investor Relations
Direct: 612-812-0148
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: Rebecca.osborn@pentair.com
Original: Pentair Showcases Impact and Progress in 2025 Sustainability Report
US Market News
4月前
Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T. Michael GlennMarch 20, 2026 4:54 PM
Business Wire
Pentair (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company’s Board of Directors at the end of his current term as a director at Pentair’s annual general meeting of shareholders on May 5, 2026. Jones has served on Pentair’s Board of Directors since 2003 and has been Chairman since 2018.
T. Michael Glenn, retired Executive Vice President, FedEx Corporation and Chief Executive Officer, FedEx Services, will assume the role of Chair following Jones's retirement. Glenn has served as an independent director on the Pentair Board since 2007 and has played a key role, notably as Chair of the Compensation Committee and as a member of the Governance Committee. Glenn brings extensive strategic, marketing and communications experience to the Board and has been an active participant in the development of Pentair’s strategic plans and a strong proponent for strengthening the Company’s branding and marketing initiatives.
"It has been a privilege to serve as Chair of the Pentair Board, and I appreciate the opportunity to contribute to the Company's achievements over the past 23 years,” Jones said. “I am confident in Pentair's future, and believe the Board, led by Mike, will continue to guide the Company towards ongoing success."
“The leadership at Pentair, both within the company and on the Board, continues to demonstrate why the Company is uniquely positioned to lead as a global water solutions provider,” Glenn said. “I am grateful for Dave’s guidance the past several years and am looking forward to taking on the Chair role.”
"On behalf of our Board of Directors, I extend sincere appreciation for Dave's leadership and steady presence over the past two decades, as well as for his valuable expertise and the guidance he has provided to both our organization and myself," said John L. Stauch, President and CEO of Pentair. "Looking forward, we are committed to creating lasting value for our employees, our customers, and our shareholders and I am confident that Mike is the ideal leader to guide us into the future."
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260320612586/en/
PENTAIR CONTACTS:
Shelly Hubbard
Vice President, Investor Relations
Direct: 763-656-5575
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: rebecca.osborn@pentair.com
Original: Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T. Michael Glenn
US Market News
4月前
Pentair Hosts 2026 Investor DayMarch 4, 2026 6:50 AM
Business Wire
Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life’s most essential resource, will host an Investor Day in New York City today beginning at 9:30 a.m. ET, as previously announced. The event is expected to conclude at approximately 12 p.m. ET.
Presentations will be made by John Stauch, President and Chief Executive Officer, Nick Brazis, Chief Financial Officer, and other members of the executive leadership team. Presentations will provide an in-depth review of Pentair’s strategy, growth drivers, transformation initiatives, and long-term financial objectives, and will initiate new financial targets through fiscal 2028. The Company is reiterating its 2026 guidance as previously provided on February 3, 2026. The presentations will be followed by a Q&A session for in-person attendees to ask questions.
“Water scarcity and infrastructure modernization are irreversible global trends, and we believe we are uniquely positioned to lead as a global water solutions provider with many iconic brands to help our customers sustainably move, improve and enjoy water, life’s most essential resource. By combining innovation, our Pentair Business System, strong operational execution and disciplined capital deployment, we expect to continue to drive long-term sales growth, margin expansion, adjusted earnings per share growth and stronger free cash flow. Our track record reflects the cash generating power of our model, and we believe we are still in the early stages of a multi-decade value creation runway,” said Stauch. “We are excited to share our new 3-year target growth algorithm reflecting balanced contribution across our portfolio, continued Transformation and additional upside opportunities to drive shareholder value."
A live webcast of the presentation, along with the presentation materials, can be accessed in the Investor Relations section of the Company’s website at www.pentair.com. The presentation materials will be made available on the Company’s website at 9:00 a.m. ET. A replay of the webcast will be available under the “Events & Presentations” section of the company’s Investor Relations website shortly following the conclusion of the event.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future” or words, phrases, or terms of similar substance or the negative thereof are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall global economic and business conditions impacting our business, including the strength of housing and related markets and conditions relating to international hostilities; supply, demand, logistics, competition and pricing pressures related to and in the markets we serve; the ability to achieve the benefits of our restructuring plans, cost reduction initiatives and Transformation Program; the impact of raw material, logistics and labor costs and other inflation; volatility in currency exchange rates and interest rates; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; risks associated with operating foreign businesses; the impact of seasonality of sales and weather conditions; our ability to comply with laws and regulations; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating and sustainability goals and targets. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2025. All forward-looking statements, including all financial forecasts, speak only as of the date of this release. Pentair assumes no obligation, and disclaims any obligation, to update the information contained in this release.
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260304062198/en/
PENTAIR CONTACTS:
Shelly Hubbard
Vice President, Investor Relations
Direct: 763-656-5575
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: rebecca.osborn@pentair.com
Original: Pentair Hosts 2026 Investor Day
US Market News
5月前
Pentair Announces New Executive Leadership Roles to Accelerate Growth and Enhance Customer FocusFebruary 3, 2026 6:51 AM
Business Wire
Pentair plc (NYSE: PNR), a leader in helping the world sustainably move, improve and enjoy water, today announced new strategic appointments within its executive leadership team (ELT) aimed at accelerating growth, strengthening innovation, and enhancing responsiveness to evolving customer needs.
“In our continued efforts to deliver exceptional value to our customers while positioning Pentair for long-term success, we are taking strategic actions designed to empower our teams with greater autonomy, streamline operations, and reinforce our commitment to becoming a more agile, digitally focused, and customer-obsessed organization,” said John L. Stauch, President and CEO of Pentair. “I’m confident that these steps will help us unlock new opportunities for growth and deepen our impact across the industries we serve.”
Pentair has made the following appointments to its ELT, to go into effect March 1, 2026:
Adrian Chiu, EVP and Chief Strategy, Innovation and Digital Officer: Recognizing the transformative role of technology and AI in shaping the future of customer experience, Pentair is introducing this new role to lead corporate strategy and innovation, including emerging technologies and platforms, and oversee digital transformation efforts to support long-term growth and competitiveness. Chiu assumes this role from his previous position as EVP and President, Pentair Water Solutions.
De’Mon Wiggins, EVP and President, Pentair Flow and Pentair Water Solutions: Wiggins, who currently serves as Executive Vice President and President of Pentair Flow, will assume expanded responsibilities to include oversight of Pentair Water Solutions. In this enhanced role, Wiggins will lead and direct strategic initiatives for three key businesses: Commercial Water Solutions, Water Quality Management, and Flow. This leadership transition aims to drive greater alignment and focus across businesses and foster innovation and operational excellence. Pentair Flow and Pentair Water Solutions will continue to operate as distinct reportable segments.
Honoring Leadership Transitions
Pentair is also announcing the upcoming departures of two valued and longstanding leaders who will leave the Company on March 1, 2026.
Steve Pilla, EVP, Chief Supply Chain Officer and Chief Transformation Officer, will be leaving Pentair after more than 20 years of dedicated service. Pilla began his career at Pentair in sourcing and advanced through various global supply and business leadership roles. After a brief departure from the Company, he returned in 2020 to serve as Chief Supply Chain Officer. Since his return, Pilla has played a pivotal role in leading the Company’s transformation initiatives and 80/20 efforts, contributing significantly to Pentair’s operational excellence and strategic progress.
Pilla will stay through March 1, 2026 to ensure a smooth transition. In connection with his departure, Pentair is eliminating the Chief Supply Chain Officer and Chief Transformation Officer role. The Supply Chain organization will now report to incoming EVP and Chief Financial Officer Nick Brazis, supporting closer integration of financial and operational strategies. Transformation responsibilities will shift to the businesses, enabling leaders to adapt initiatives to their specific needs and customer requirements for greater agility and responsiveness.
Phil Rolchigo, Ph.D., EVP and Chief Technology Officer, will be leaving Pentair after nearly 20 years of distinguished service leading the Company’s technology and innovation strategy. Throughout his tenure, Dr. Rolchigo made a significant impact on the Company's technological and engineering advancement. He enhanced Pentair's capabilities by creating and refining innovation processes that facilitated the progression of the technology pipeline from concept to commercialization. Additionally, Dr. Rolchigo was responsible for leading the Company's patent portfolio, further solidifying Pentair's position as a leader in technological innovation within the water industry.
Dr. Rolchigo will remain with the Company until March 1, 2026 to ensure a smooth transition. In connection with his departure, Pentair is eliminating the Chief Technology Officer role. The Innovation and Sustainability teams will now report to Adrian Chiu.
“I want to express my deep gratitude to Steve and Phil for their extraordinary leadership and partnership,” said Stauch. “They have helped to shape Pentair into a high-performing company and industry leader in the water category. Their unwavering commitment, innovative vision, and genuine dedication to our people and customers have left a lasting legacy. On behalf of all Pentair employees, I thank them for their many contributions and wish them the best in their next chapters.”
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future” or words, phrases, or terms of similar substance or the negative thereof are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall global economic and business conditions impacting our business, including the strength of housing and related markets and conditions relating to international hostilities; supply, demand, logistics, competition and pricing pressures related to and in the markets we serve; the ability to achieve the benefits of our restructuring plans, cost reduction initiatives and Transformation Program; the impact of raw material, logistics and labor costs and other inflation; volatility in currency exchange rates and interest rates; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; risks associated with operating foreign businesses; the impact of seasonality of sales and weather conditions; our ability to comply with laws and regulations; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating and sustainability goals and targets. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2024. All forward-looking statements, including all financial forecasts, speak only as of the date of this release. Pentair assumes no obligation, and disclaims any obligation, to update the information contained in this release.
About Pentair PLC
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260203092281/en/
PENTAIR CONTACTS
Shelly Hubbard
Vice President, Investor Relations
Direct: 612-812-0148
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: rebecca.osborn@pentair.com
Original: Pentair Announces New Executive Leadership Roles to Accelerate Growth and Enhance Customer Focus
US Market News
5月前
Pentair Reports Strong Fourth Quarter and Full Year 2025 ResultsFebruary 3, 2026 6:50 AM
Business Wire
Fourth quarter sales of $1,021 million, up 5 percent; full year 2025 sales of $4.2 billion, up 2 percent.
Operating income in the fourth quarter increased 5 percent to $205 million reflecting ROS of 20.1 percent, flat compared to the fourth quarter of 2024; on an adjusted basis, ROS expanded 90 basis points to 24.7 percent. Full year operating income increased 7 percent to $858 million reflecting ROS of 20.5 percent, an increase of 80 basis points from the prior year; on an adjusted basis, ROS expanded 170 basis points to 25.2 percent.
Fourth quarter GAAP EPS of $0.98, down 1 percent and adjusted EPS of $1.18, up 9 percent; full year 2025 GAAP EPS of $3.93, up 5 percent and adjusted EPS of $4.92, up 14 percent.
Full year net cash provided by operating activities of continuing operations was $815 million, an increase of $48 million compared to the prior year and free cash flow provided by continuing operations for the full year was $748 million, an increase of $55 million compared to full year 2024.
The Company introduces 2026 GAAP EPS guidance of approximately $4.94 to $5.09; and adjusted EPS guidance of approximately $5.25 to $5.40.
2026 will mark the 50th consecutive year of dividend increases.
Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.
Pentair plc (NYSE: PNR) today announced fourth quarter 2025 sales of $1,021 million. Sales were up 5 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 4 percent in the fourth quarter. Fourth quarter 2025 earnings per diluted share from continuing operations (“EPS”) were $0.98 compared to $0.99 in the fourth quarter of 2024. On an adjusted basis, the Company reported EPS of $1.18 in the fourth quarter compared to $1.08 in the fourth quarter of 2024. Adjusted operating income, reportable segment income, adjusted net income, free cash flow, and adjusted EPS are described in the attached schedules.
Fourth quarter 2025 operating income was $205 million, up 5 percent compared to operating income for the fourth quarter of 2024, and return on sales (“ROS”) was 20.1 percent, flat compared to the fourth quarter of 2024. On an adjusted basis, the Company reported adjusted operating income of $252 million, up 9 percent for the fourth quarter of 2025 compared to adjusted operating income for the fourth quarter of 2024, and ROS was 24.7 percent, an increase of 90 basis points when compared to the fourth quarter of 2024.
“2025 was another remarkable year of performance at Pentair which was led by our mission to help the world sustainably move, improve and enjoy water, life’s most essential resource,” said John L. Stauch, Pentair’s President and Chief Executive Officer. “Our teams continued to execute with clarity and agility to deliver value to our customers and shareholders. We delivered strong cash flow, invested in growth initiatives across our balanced water portfolio and maintained a solid balance sheet. In 2026, we are celebrating our 60th anniversary as a company and 50 consecutive years of rising dividends. This morning we announced two new executive leadership roles at the company to help further accelerate our growth strategy, better align our residential Flow and Water Solutions businesses with our distribution channels, improve customer experiences, enhance operational efficiencies and deliver more comprehensive solutions. I am excited about what is ahead. Our future is bright.”
Full year 2025 sales were $4.2 billion. Sales were up 2 percent compared to sales last year. Excluding currency translation, acquisitions and divestitures, core sales grew 2 percent in 2025. Full year 2025 EPS from continuing operations was $3.93 compared to $3.74 in 2024. On an adjusted basis, the Company reported EPS of $4.92 for 2024 compared to $4.33 in 2024.
Full year 2025 operating income was $858 million, up 7 percent compared to operating income in 2024, and ROS was 20.5 percent, an increase of 80 basis points when compared to 2024. On an adjusted basis, the Company reported adjusted operating income of $1,054 million, up 10 percent in 2025, compared to adjusted operating income in 2024, and ROS was 25.2 percent, an increase of 170 basis points when compared to 2024.
Flow sales were up 9 percent in the fourth quarter of 2025 compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 4 percent in the fourth quarter. Reportable segment income of $90 million was up 22 percent compared to the fourth quarter of 2024, and ROS was 22.8 percent, an increase of 240 basis points when compared to the fourth quarter of 2024.
Flow sales were up 3 percent for the full year of 2025 compared to sales for 2024. Excluding currency translation, acquisitions and divestitures, core sales grew 1 percent in 2025. Reportable segment income of $362 million was up 14 percent compared to 2024, and ROS was 23.3 percent, an increase of 230 basis points when compared to 2024.
Water Solutions sales were down 10 percent in the fourth quarter of 2025 compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 4 percent in the fourth quarter. Reportable segment income of $55 million was down 12 percent compared to the fourth quarter of 2024, and ROS was 23.5 percent, a decrease of 60 basis points when compared to the fourth quarter of 2024.
Water Solutions sales were down 6 percent for the full year of 2025 compared to sales for 2024. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in 2025. Reportable segment income of $254 million was flat compared to 2024, and ROS was 23.9 percent, an increase of 130 basis points when compared to 2024.
Pool sales were up 11 percent in the fourth quarter of 2025 compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 9 percent in the fourth quarter. Reportable segment income of $132 million was up 11 percent compared to the fourth quarter of 2024, and ROS was 33.6 percent, a decrease of 20 basis points when compared to the fourth quarter of 2024.
Pool sales were up 9 percent for the full year of 2025 compared to sales for 2024. Excluding currency translation, acquisitions and divestitures, core sales grew 7 percent in 2025. Reportable segment income of $527 million was up 11 percent compared to 2024, and ROS was 33.8 percent, an increase of 60 basis points when compared to 2024.
Full year net cash provided by operating activities of continuing operations was $815 million and free cash flow from continuing operations was $748 million.
Pentair paid a regular cash dividend of $0.25 per share in the fourth quarter of 2025. Pentair previously announced on December 15, 2025 that it will pay a regular quarterly cash dividend of $0.27 per share on February 6, 2026 to shareholders of record at the close of business on January 23, 2026. This $0.27 per share quarterly cash dividend reflects an approximate 8 percent increase in the Company’s regular cash dividend rate as compared to $0.25 per share per quarter in 2025 and marks the 50th consecutive year that Pentair has increased its dividend.
During the fourth quarter, the company repurchased 0.5 million shares for $50 million. During the year ended December 31, 2025, the company repurchased 2.3 million shares for $225.0 million. As of December 31, 2025, we had $1.0 billion available for share repurchases under our share repurchase authorization.
OUTLOOK
Mr. Stauch concluded, “We expect 2026 to deliver another year of sales and earnings growth and margin expansion as we leverage our Pentair Business System tools, including Transformation and 80/20, and continue to actively manage our balanced and resilient water portfolio. We believe we are in a solid financial position and expect to continue our disciplined capital allocation strategy as we invest in future growth across our businesses. We look forward to providing an update on our long-term outlook at our upcoming Investor Day on March 4th where you will hear more about our growth initiatives, the Pentair Business System, award-winning product launches and innovation.”
The Company is introducing 2026 GAAP EPS guidance of approximately $4.94 to $5.09, up 26 percent to 30 percent; and on an adjusted basis of approximately $5.25 to $5.40. This is an increase of 7 percent to 10 percent compared to 2025 adjusted EPS. The Company anticipates full year 2026 sales to be up approximately 3 percent to 4 percent on a reported basis.
In addition, the Company introduces first quarter 2026 GAAP EPS of approximately $1.07 to $1.10 and on an adjusted EPS basis of approximately $1.15 to $1.18. The Company expects first quarter sales to be up approximately 1 percent to 2 percent on a reported basis compared to first quarter 2025.
EARNINGS CONFERENCE CALL
Pentair President and Chief Executive Officer John L. Stauch, outgoing Chief Financial Officer Robert P. Fishman and incoming Chief Financial Officer Nick Brazis will discuss the Company’s fourth quarter and full year 2025 results on a conference call with investors at 9:00 a.m. Eastern today. A live audio webcast of the call, along with the related presentation, can be accessed in the Investor Relations section of the Company’s website, www.pentair.com, shortly before the call begins.
Reconciliations of non-GAAP financial measures are set forth in the attachments to this release and in the presentations, each of which can be found on Pentair’s website. The webcast and presentations will be archived at the Company’s website following the conclusion of the event.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “positioned,” “strategy,” or “future” or words, phrases, or terms of similar substance or the negative thereof are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include the overall global economic and business conditions impacting our business, including the strength of housing and related markets and conditions relating to international hostilities; supply, demand, logistics, competition and pricing pressures related to and in the markets we serve; the ability to achieve the benefits of our restructuring plans, cost reduction initiatives and Transformation Program; the impact of raw material, logistics and labor costs and other inflation; volatility in currency exchange rates and interest rates; failure of markets to accept new product introductions and enhancements; the ability to successfully identify, finance, complete and integrate acquisitions; risks associated with operating foreign businesses; the impact of seasonality of sales and weather conditions; our ability to comply with laws and regulations; the impact of changes in laws, regulations and administrative policy, including those that limit U.S. tax benefits or impact trade agreements and tariffs; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating and sustainability goals and targets. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2024. All forward-looking statements, including all financial forecasts, speak only as of the date of this release. Pentair assumes no obligation, and disclaims any obligation, to update the information contained in this release.
ABOUT PENTAIR PLC
At Pentair, we help the world sustainably move, improve, and enjoy water, life’s most essential resource. From our residential and commercial water solutions, to industrial water management and everything in between, Pentair is a core large cap value S&P 500 equity stock focused on smart, sustainable water solutions that help our planet and people thrive.
Pentair had revenue in 2025 of approximately $4.2 billion, and trades under the ticker symbol PNR. With approximately 9,000 global employees serving customers in more than 150 countries, we work to help improve lives and the environment around the world. To learn more, visit www.pentair.com.
Pentair plc and Subsidiaries
Condensed Consolidated Statements of Operations (Unaudited)
Three months ended
Twelve months ended
In millions, except per-share data
December 31,
2025
December 31,
2024
December 31,
2025
December 31,
2024
Net sales
$
1,020.5
$
972.9
$
4,176.0
$
4,082.8
Cost of goods sold
608.7
595.3
2,485.7
2,484.0
Gross profit
411.8
377.6
1,690.3
1,598.8
% of net sales
40.4
%
38.8
%
40.5
%
39.2
%
Selling, general and administrative
184.3
160.7
736.9
701.4
% of net sales
18.1
%
16.5
%
17.6
%
17.2
%
Research and development
22.5
21.8
95.9
93.6
% of net sales
2.2
%
2.2
%
2.3
%
2.3
%
Operating income
205.0
195.1
857.5
803.8
% of net sales
20.1
%
20.1
%
20.5
%
19.7
%
Other expense (income)
Loss on sale of business
—
—
26.3
—
Other expense (income)
3.2
(4.5
)
5.3
(3.7
)
Net interest expense
17.4
15.2
69.4
88.6
% of net sales
1.7
%
1.6
%
1.7
%
2.2
%
Income from continuing operations before income taxes
184.4
184.4
756.5
718.9
Provision for income taxes
22.6
18.0
107.0
93.3
Effective tax rate
12.3
%
9.8
%
14.1
%
13.0
%
Net income from continuing operations
161.8
166.4
649.5
625.6
Income (loss) from discontinued operations, net of tax
4.3
—
4.3
(0.2
)
Net income
$
166.1
$
166.4
$
653.8
$
625.4
Earnings per ordinary share
Basic
Continuing operations
$
0.99
$
1.01
$
3.96
$
3.78
Discontinued operations
0.03
—
0.03
—
Basic earnings per ordinary share
$
1.02
$
1.01
$
3.99
$
3.78
Diluted
Continuing operations
$
0.98
$
0.99
$
3.93
$
3.74
Discontinued operations
0.03
—
0.03
—
Diluted earnings per ordinary share
$
1.01
$
0.99
$
3.96
$
3.74
Weighted average ordinary shares outstanding
Basic
163.4
165.2
164.1
165.6
Diluted
164.7
166.8
165.5
167.1
Cash dividends paid per ordinary share
$
0.25
$
0.23
$
1.00
$
0.92
Pentair plc and Subsidiaries
Condensed Consolidated Balance Sheets (Unaudited)
December 31,
2025
December 31,
2024
In millions
Assets
Current assets
Cash and cash equivalents
$
101.6
$
118.7
Accounts receivable, net
673.2
565.2
Inventories
632.6
610.9
Other current assets
134.4
141.3
Total current assets
1,541.8
1,436.1
Property, plant and equipment, net
376.8
358.8
Other assets
Goodwill
3,538.1
3,286.6
Intangibles, net
1,073.3
1,033.8
Other non-current assets
338.8
331.2
Total other assets
4,950.2
4,651.6
Total assets
$
6,868.8
$
6,446.5
Liabilities and Equity
Current liabilities
Current maturities of short-term borrowings
$
—
$
9.3
Accounts payable
301.5
272.8
Employee compensation and benefits
120.1
116.2
Other current liabilities
537.7
496.8
Total current liabilities
959.3
895.1
Other liabilities
Long-term debt
1,638.6
1,638.7
Pension and other post-retirement compensation and benefits
58.8
61.6
Deferred tax liabilities
47.5
44.4
Other non-current liabilities
295.4
243.8
Total liabilities
2,999.6
2,883.6
Equity
3,869.2
3,562.9
Total liabilities and equity
$
6,868.8
$
6,446.5
Pentair plc and Subsidiaries
Condensed Consolidated Statements of Cash Flows (Unaudited)
Years ended December 31
In millions
2025
2024
Operating activities
Net income
$
653.8
$
625.4
(Income) loss from discontinued operations, net of tax
(4.3
)
0.2
Adjustments to reconcile net income from continuing operations to net cash provided by operating activities of continuing operations
Equity income of unconsolidated subsidiaries
(1.0
)
(1.9
)
Depreciation
59.6
60.3
Amortization
58.1
54.3
Deferred income taxes
(4.3
)
(11.4
)
Loss on sale of business
26.3
—
Share-based compensation
37.0
39.7
Asset impairment and write-offs
49.1
17.6
Pension and other post-retirement expense
6.9
0.1
Pension and other post-retirement contributions
(10.6
)
(12.0
)
Changes in assets and liabilities, net of effects of business acquisitions
Accounts receivable
(93.1
)
(11.2
)
Inventories
(36.9
)
53.6
Other current assets
(0.7
)
14.1
Accounts payable
20.5
(3.7
)
Employee compensation and benefits
(3.7
)
(5.0
)
Other current liabilities
26.1
(48.7
)
Other non-current assets and liabilities
32.0
(4.5
)
Net cash provided by operating activities of continuing operations
814.8
766.9
Net cash used for operating activities of discontinued operations
—
(0.2
)
Net cash provided by operating activities
814.8
766.7
Investing activities
Capital expenditures
(68.8
)
(74.4
)
Purchase of investments
(18.0
)
—
Proceeds from sale of property and equipment
2.4
0.6
Payments upon the settlement of net investment hedges
(28.9
)
(5.8
)
Acquisitions, net of cash acquired
(292.1
)
(108.0
)
Other
0.9
—
Net cash used for investing activities
(404.5
)
(187.6
)
Financing activities
Net (repayments) receipts of short-term borrowings
(9.3
)
9.3
Net borrowings of revolving long-term debt
268.2
9.5
Repayments of long-term debt
(269.3
)
(362.5
)
Debt issuance costs
(2.2
)
—
Shares issued to employees, net of shares withheld
(0.6
)
18.4
Repurchases of ordinary shares
(225.0
)
(150.0
)
Dividends paid
(164.3
)
(152.3
)
Payments upon the settlement of cross currency swaps
—
(9.1
)
Net cash used for financing activities
(402.5
)
(636.7
)
Effect of exchange rate changes on cash and cash equivalents
(24.9
)
6.0
Change in cash and cash equivalents
(17.1
)
(51.6
)
Cash and cash equivalents, beginning of year
118.7
170.3
Cash and cash equivalents, end of year
$
101.6
$
118.7
Pentair plc and Subsidiaries
Reconciliation of the GAAP Operating Activities Cash Flow to the Non-GAAP Free Cash Flow (Unaudited)
Years ended December 31
In millions
2025
2024
Net cash provided by operating activities of continuing operations
$
814.8
$
766.9
Capital expenditures
(68.8
)
(74.4
)
Proceeds from sale of property and equipment
2.4
0.6
Free cash flow from continuing operations
$
748.4
$
693.1
Net cash used for operating activities of discontinued operations
—
(0.2
)
Free cash flow
$
748.4
$
692.9
Pentair plc and Subsidiaries
Supplemental Financial Information by Reportable Segment (Unaudited)
2025
In millions
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
Flow
$
367.9
$
397.3
$
394.0
$
394.4
$
1,553.6
Water Solutions
258.2
298.3
273.3
232.3
1,062.1
Pool
383.9
427.2
354.3
393.4
1,558.8
Reportable segment net sales
1,010.0
1,122.8
1,021.6
1,020.1
4,174.5
Corporate and other
0.4
0.3
0.4
0.4
1.5
Net Sales
$
1,010.4
$
1,123.1
$
1,022.0
$
1,020.5
$
4,176.0
Reportable segment income (loss)
Flow
$
83.6
$
93.1
$
95.3
$
90.1
$
362.1
Water Solutions
60.7
70.2
68.4
54.6
253.9
Pool
126.0
152.7
116.2
132.2
527.1
Reportable segment income
270.3
316.0
279.9
276.9
1,143.1
Corporate and other
(27.8
)
(19.3
)
(17.3
)
(25.2
)
(89.6
)
Adjusted operating income
$
242.5
$
296.7
$
262.6
$
251.7
$
1,053.5
Return on sales
Flow
22.7
%
23.4
%
24.2
%
22.8
%
23.3
%
Water Solutions
23.5
%
23.5
%
25.0
%
23.5
%
23.9
%
Pool
32.8
%
35.7
%
32.8
%
33.6
%
33.8
%
Adjusted return on sales
24.0
%
26.4
%
25.7
%
24.7
%
25.2
%
2024
In millions
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
Flow
$
384.3
$
396.8
$
372.2
$
360.7
$
1,514.0
Water Solutions
273.1
310.5
289.5
257.9
1,131.0
Pool
359.5
391.5
331.4
353.7
1,436.1
Reportable segment net sales
1,016.9
1,098.8
993.1
972.3
4,081.1
Corporate and other
0.3
0.5
0.3
0.6
1.7
Net Sales
$
1,017.2
$
1,099.3
$
993.4
$
972.9
$
4,082.8
Reportable segment income (loss)
Flow
$
77.3
$
84.4
$
82.8
$
73.6
$
318.1
Water Solutions
55.6
72.9
64.4
62.2
255.1
Pool
110.8
133.6
112.7
119.4
476.5
Reportable segment income
243.7
290.9
259.9
255.2
1,049.7
Corporate and other
(26.4
)
(19.5
)
(20.7
)
(23.9
)
(90.5
)
Adjusted operating income
$
217.3
$
271.4
$
239.2
$
231.3
$
959.2
Return on sales
Flow
20.1
%
21.3
%
22.2
%
20.4
%
21.0
%
Water Solutions
20.4
%
23.5
%
22.2
%
24.1
%
22.6
%
Pool
30.8
%
34.1
%
34.0
%
33.8
%
33.2
%
Adjusted return on sales
21.4
%
24.7
%
24.1
%
23.8
%
23.5
%
Pentair plc and Subsidiaries
Reconciliation of GAAP to Non-GAAP Financial Measures for the Year Ended December 31, 2025
Excluding the Effect of Adjustments (Unaudited)
In millions, except per-share data
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
$
1,010.4
$
1,123.1
$
1,022.0
$
1,020.5
$
4,176.0
Operating income
203.1
217.7
231.7
205.0
857.5
Return on sales
20.1
%
19.4
%
22.7
%
20.1
%
20.5
%
Adjustments:
Restructuring and other
10.5
10.4
0.2
10.2
31.3
Transformation costs
9.1
12.5
10.8
8.4
40.8
Intangible amortization
14.2
14.3
13.9
15.7
58.1
Legal accrual adjustments and settlements
—
—
—
11.6
11.6
Asset impairment and write-offs
5.2
41.8
1.5
0.6
49.1
Deal-related costs and expenses
—
—
4.1
—
4.1
Equity income of unconsolidated subsidiaries
0.4
—
0.4
0.2
1.0
Adjusted operating income
242.5
296.7
262.6
251.7
1,053.5
Adjusted return on sales
24.0
%
26.4
%
25.7
%
24.7
%
25.2
%
Net income from continuing operations—as reported
154.9
148.5
184.3
161.8
649.5
Loss on sale of business
—
26.3
—
—
26.3
Pension and other post-retirement mark-to-market loss
—
—
—
2.4
2.4
Adjustments to operating income
39.0
79.0
30.5
46.5
195.0
Income tax adjustments
(9.7
)
(23.3
)
(9.5
)
(16.0
)
(58.5
)
Net income from continuing operations—as adjusted
$
184.2
$
230.5
$
205.3
$
194.7
$
814.7
Continuing earnings per ordinary share—diluted
Diluted earnings per ordinary share—as reported
$
0.93
$
0.90
$
1.12
$
0.98
$
3.93
Adjustments
0.18
0.49
0.12
0.20
0.99
Diluted earnings per ordinary share—as adjusted
$
1.11
$
1.39
$
1.24
$
1.18
$
4.92
Pentair plc and Subsidiaries
Reconciliation of GAAP to Non-GAAP Financial Measures for the Year Ending December 31, 2026
Excluding the Effect of Adjustments (Unaudited)
Forecast
In millions, except per-share data
First
Quarter
Full
Year
Net sales
approx
Up 1% - 2%
approx
Up 3% - 4%
Operating income
approx
Up 13% - 17%
approx
Up 21% - 25%
Adjustments:
Intangible amortization
approx
$ 16
approx
$ 62
Equity income of unconsolidated subsidiaries
approx
1
approx
4
Adjusted operating income
approx
Up 2% - 5%
approx
Up 5% - 8%
Net income from continuing operations—as reported
approx
$177 - $182
approx
$815 - $840
Adjustments to operating income
approx
16
approx
62
Income tax adjustments
approx
(3
)
approx
(11
)
Net income from continuing operations—as adjusted
approx
$190 - $195
approx
$866 - $891
Continuing earnings per ordinary share—diluted
Diluted earnings per ordinary share—as reported
approx
$1.07 - $1.10
approx
$4.94 - $5.09
Adjustments
approx
0.08
approx
0.31
Diluted earnings per ordinary share—as adjusted
approx
$1.15- $1.18
approx
$5.25 - $5.40
Pentair plc and Subsidiaries
Reconciliation of Net Sales Growth to Core Net Sales Growth by Reportable Segment
For the Quarter and Year Ended December 31, 2025 (Unaudited)
Q4 Net Sales Growth
Full Year Net Sales Growth
Core
Currency
Acq. / Div.
Total
Core
Currency
Acq. / Div.
Total
Total Pentair
3.7
%
1.4
%
(0.2
)%
4.9
%
1.9
%
0.5
%
(0.1
)%
2.3
%
Flow
4.0
%
2.9
%
2.4
%
9.3
%
0.8
%
1.1
%
0.7
%
2.6
%
Water Solutions
(3.7
)%
1.1
%
(7.3
)%
(9.9
)%
(2.6
)%
0.5
%
(4.0
)%
(6.1
)%
Pool
8.9
%
0.1
%
2.2
%
11.2
%
6.5
%
—
%
2.0
%
8.5
%
Pentair plc and Subsidiaries
Reconciliation of GAAP to Non-GAAP Financial Measures for the Year Ended December 31, 2024
Excluding the Effect of Adjustments (Unaudited)
In millions, except per-share data
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Full
Year
Net sales
$
1,017.2
$
1,099.3
$
993.4
$
972.9
$
4,082.8
Operating income
180.8
248.0
179.9
195.1
803.8
Return on sales
17.8
%
22.6
%
18.1
%
20.1
%
19.7
%
Adjustments:
Restructuring and other
4.6
5.9
23.4
3.1
37.0
Transformation costs
17.0
11.8
12.6
10.7
52.1
Intangible amortization
13.5
13.4
13.5
13.9
54.3
Legal accrual adjustments and settlements
(0.3
)
(7.9
)
0.7
—
(7.5
)
Asset impairment and write-offs
0.8
—
8.5
8.3
17.6
Equity income of unconsolidated subsidiaries
0.9
0.2
0.6
0.2
1.9
Adjusted operating income
217.3
271.4
239.2
231.3
959.2
Adjusted return on sales
21.4
%
24.7
%
24.1
%
23.8
%
23.5
%
Net income from continuing operations—as reported
133.5
186.1
139.6
166.4
625.6
Pension and other post-retirement mark-to-market gain
—
—
—
(5.3
)
(5.3
)
Other (income) expense
—
—
(0.5
)
0.1
(0.4
)
Adjustments to operating income
35.6
23.2
58.7
36.0
153.5
Income tax adjustments
(11.3
)
(5.4
)
(15.4
)
(17.6
)
(49.7
)
Net income from continuing operations—as adjusted
$
157.8
$
203.9
$
182.4
$
179.6
$
723.7
Continuing earnings per ordinary share—diluted
Diluted earnings per ordinary share—as reported
$
0.80
$
1.11
$
0.84
$
0.99
$
3.74
Adjustments
0.14
0.11
0.25
0.09
0.59
Diluted earnings per ordinary share—as adjusted
$
0.94
$
1.22
$
1.09
$
1.08
$
4.33
View source version on businesswire.com: https://www.businesswire.com/news/home/20260203960993/en/
PENTAIR CONTACTS:
Shelly Hubbard
Vice President, Investor Relations
Direct: 763-656-5575
Email: shelly.hubbard@pentair.com
Rebecca Osborn
Vice President, Communications
Direct: 763-656-5589
Email: rebecca.osborn@pentair.com
Original: Pentair Reports Strong Fourth Quarter and Full Year 2025 Results
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