NYSE$PNR

Pentair PLC · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Pentair reported strong results driven by margin expansion and a resilient water portfolio.

Pentair reported Q4 2024 sales of $973 million, a 1% decrease compared to the same period last year. Despite the sales decrease, the company achieved a 17% increase in operating income, reaching $195 million, with a ROS of 20.1%. GAAP EPS was $0.99, and adjusted EPS was $1.08.

  • Q4 sales were $973 million, a 1% decrease year-over-year.
  • Operating income increased by 17% to $195 million, with a ROS of 20.1%.
  • GAAP EPS was $0.99, and adjusted EPS was $1.08.
  • The company increased its dividend by approximately 9% for 2025, marking the 49th consecutive year of dividend increases.

Headline financials

Total Revenue

$973M

Previous: $985M-1.2%
EPS (adj)

$1.08

Previous: $0.87+24.1%
Return on sales

20.1%

No prior period
Adjusted return on sales

23.8%

No prior period
Adjusted operating income

$231M

No prior period
Capital Expenditures

-$22.7M

Previous: -$21.2M-7.1%
Net Income

$166M

Previous: $208M-20.0%
Operating Income

$195M

Previous: $167M+16.8%
Gross Profit

$378M

Previous: $366M+3.1%
R&D Expense

$21.8M

Previous: $23.5M-7.2%

Revenue & EPS history

Pentair · Revenue · Quarterly

$973M

Q4 2024-1.2%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Pentair · $609M total across 3 segments · Q3 2023

  • Pool
    $309M
  • Water Solutions
    $299M
  • Corporate & Other
    $400K+33.3%

Forward guidance

The Company is introducing 2025 GAAP EPS guidance of approximately $4.37 to $4.52, up 17 percent to 21 percent; and on an adjusted basis of approximately $4.65 to $4.80. This is an increase of 7 percent to 11 percent compared to 2024 adjusted EPS. The Company anticipates full year 2025 sales to be approximately flat to up 2 percent on a reported basis.

Tailwinds

  • 2025 GAAP EPS guidance of approximately $4.37 to $4.52, up 17% to 21%.
  • Adjusted EPS guidance of approximately $4.65 to $4.80, an increase of 7% to 11% compared to 2024 adjusted EPS.
  • Full year 2025 sales are anticipated to be approximately flat to up 2% on a reported basis.
  • Pool segment is expected to grow.
  • Company is focused on its mission to help the world sustainably move, improve, and enjoy water.

Headwinds

  • Flow and Water Solutions residential end markets remain pressured by higher interest rates.
  • First quarter 2025 GAAP EPS is expected to be approximately $0.93 to $0.95.
  • First quarter 2025 adjusted EPS is expected to be approximately $1.00 to $1.02.
  • First quarter sales are expected to be down approximately 3% to 4% on a reported basis compared to first quarter 2024.
  • Uncertain macroeconomic and geopolitical environment near-term.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.5%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+0.9%

Avg return

30 days after

41%

28 / 69 earnings

Positive

+13.6%

Q4 2022

Best reaction

-8.5%

Q2 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.0%-14.3%-23.1%
Q4 2025-5.1%-7.7%-9.0%
Q3 2025-0.2%+0.4%-7.2%
Q2 2025-2.2%-1.8%+1.8%
Q1 2025+9.2%+14.0%+23.7%
Q4 2024-4.3%-4.6%-12.5%
Q3 2024-0.4%+0.6%+7.8%
Q2 2024+4.8%+10.6%+5.4%
Q1 2024-0.3%+1.0%+4.2%
Q4 2023-0.1%+0.8%+6.2%
Q3 2023-7.9%-7.4%+0.7%
Q2 2023+4.1%+4.5%+0.2%
Q1 2023+10.8%+10.4%+9.9%
Q4 2022+13.6%+17.1%+9.4%
Q3 2022+2.6%+4.9%+12.7%
Q2 2022+5.2%+4.2%+3.9%
Q1 2022-3.0%-4.9%-9.9%
Q4 2021-2.2%-6.1%-7.9%
Q3 2021-4.7%-3.8%+0.6%
Q2 2021+3.8%+7.2%+12.0%
Q1 2021-0.1%-0.5%+5.6%
Q4 2020-4.6%-4.6%-2.0%
Q3 2020+3.9%+5.5%+8.1%
Q2 2020-1.0%-1.3%+7.5%
Q1 2020-5.1%-3.1%+11.1%
Q4 2019-2.6%-4.3%-11.7%
Q3 2019+5.6%+5.5%+11.0%
Q2 2019+4.5%+4.3%-3.3%
Q1 2019-5.6%-7.0%-11.0%
Q4 2018+1.6%+1.1%+4.9%
Q3 2018+0.2%+3.4%+9.3%
Q2 2018-2.1%-1.8%-2.9%
Q1 2018-2.0%-6.7%-4.7%
Q4 2017-3.1%-3.5%-9.3%
Q3 2017+0.2%-1.0%-1.8%
Q2 2017-3.4%-2.0%-5.6%
Q1 2017+2.7%+2.0%+5.2%
Q4 2016-4.3%-3.9%-3.3%
Q3 2016-6.0%-6.4%-1.9%
Q2 2016+0.1%-4.1%-0.1%
Q1 2016+6.8%
Q4 2015-2.5%
Q3 2015-2.2%
Q2 2015-4.6%
Q1 2015-5.5%
Q4 2014-1.2%
Q3 2014+0.7%
Q2 2014-8.5%
Q1 2014-6.6%
Q4 2013+2.7%
Q3 2013-0.9%
Q2 2013-0.9%
Q1 2013+8.6%
Q4 2012-5.6%
Q3 2012+8.3%
Q2 2012+4.4%
Q1 2012-1.5%
Q4 2011-1.3%
Q3 2011+1.3%
Q2 2011-7.0%
Q1 2010+1.8%
Q1 2011+1.8%
Q4 2008-2.1%
Q4 2010-2.1%
Q3 2010-7.7%
Q2 2009-7.7%
Q3 2009-7.7%
Q4 2009+0.6%
Q2 2010+0.6%

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