PNR
Pentair plc104.40
-0.64-0.61%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Q&A reaffirms guide, adds color
Q&A largely reaffirms prepared remarks, adding color on 2026 guidance conservatism with no residential pool recovery assumed—pure upside if it materializes. Management detailed the residential flow-water solutions merger as a $1B water quality business unlocking channel synergies and multi-year margin gains. Pricing targets inflation offset (~$80M), emphasizing channel cooperation and innovation over pure hikes. Pool faces mild non-tech competition pressure, but tech focus shields; transformation delivers $70M net investments, skewed H2. Active bolt-on M&A pipeline competes with buybacks. Confident tone; investors eye March Investor Day details. No housing bet in guide.
Key Stats
Market Cap
17.11BP/E (TTM)
26.56Basic EPS (TTM)
3.93Dividend Yield
0.01%Recent Filings
10-K
FY2025 results
Pentair delivered FY2025 net sales of $4.2B, up 2% y/y on pricing yet softer volumes outside Pool, where revenue surged 9% y/y on demand and G&F bolt-on. Pool drove momentum with 34% segment margins, while Flow and Water Solutions gained 2+ pts each to 23% via transformation productivity offsetting inflation. Q4 Pool early-buy timing softened backlog 33% q/q (derived), but free cash flow hit $748M on $815M operating cash. Repaid $250M term debt, bought back $225M shares; $1B new authorization. Debt at $1.7B with $622M revolver room. Seasonality crimps Q1 cash.
8-K
Strong Q4, FY results
Pentair reported Q4 2025 sales of $1,021 million, up 5%, and full-year sales of $4.2 billion, up 2%, with core sales growth of 4% and 2%. Adjusted EPS hit $4.92, up 14%, fueled by Pool strength while Water Solutions dipped; free cash flow rose to $748 million. Guides 2026 adjusted EPS to $5.25-$5.40. Cash flows strong.
8-K
Pentair's Q3 sales, EPS beat
Pentair plc reported third-quarter 2025 sales of $1,022 million, up 3 percent from last year, with core sales also growing 3 percent amid balanced segment performance—Flow up 6 percent, Pool up 7 percent, yet Water Solutions down 6 percent. Adjusted EPS climbed 14 percent to $1.24, fueled by margin expansion to 25.7 percent ROS, while the company acquired Hydra-Stop for $292 million on September 17 to bolster its commercial Flow business, expecting a $50 million tax benefit. It repurchased $50 million in shares and raised full-year adjusted EPS guidance to $4.85-$4.90, up 12-13 percent. Strong cash flow supports this resilient water portfolio.
8-K
Pentair CFO resigns, successor named
Pentair plc's CFO Robert P. Fishman resigned effective March 1, 2026, triggering a smooth leadership transition. The company elevated Heather Hausmann to Executive VP, Chief Information Officer and Chief Information Security Officer, reporting directly to the CEO, while appointing internal finance veteran Nicholas J. Brazis as the new CFO on the same date. Fishman receives severance under the executive plan. This reshuffle bolsters direct tech oversight amid evolving operations.
10-Q
Q3 FY2025 results
Pentair's Q3 sales climbed 2.9% year-over-year to $1.022B, fueled by pricing gains across segments and volume upticks in Pool and Flow's commercial lines, while Water Solutions dipped on business exits. Gross margins expanded 1.4 points to 41.0%, thanks to productivity from transformation efforts offsetting inflation, lifting operating income 28.8% to $231.7M and diluted EPS to $1.12 from $0.84. YTD, revenue rose 1.5% to $3.156B with EPS at $2.94, backed by $764M operating cash flow yielding $719M free cash flow after $45M capex. The $292M Hydra-Stop acquisition in September bolstered Flow with $167M goodwill and $112M customer intangibles over 18 years. Cash sits at $128M, long-term debt at $1.58B with $680M revolver availability and no near-term maturities, yet tariff hikes and raw material costs pose ongoing pressures.
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