Feed / PNR

Pentair plc

PNR

Industrials · 56.59 -0.2% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Pentair plc's current read is isolated; its market group is not confirming.

The latest filing evidence is available. 0 of 41 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

What changed
  • Revenue increased 2.6% versus the comparable filing period.
  • Operating cash flow covered only -0.39x net income.
Company-0.2% todayVolume comparison unavailable
Market group0 of 41 activeHomebuilding & Building Products · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
  • PNR's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if PNR's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Specialty Industrial Machinery

The latest filing evidence is available. 0 of 41 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Evidence that supports
  • Revenue increased 2.6% versus the comparable filing period.
Evidence that challenges
  • Operating cash flow covered only -0.39x net income.
What would clarify the read
  • PNR's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements94
Verified relationships6
Evidence supporting the case
  • Operating cash flow covered net income at 1.25x in the latest annual period.
  • Macroeconomic conditions has repeated favorable evidence across 4 filings.
Evidence challenging the case
  • Credit and interest rates has repeated adverse evidence across 4 filings.
  • Input and raw-material costs has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 4 filings.
  • Tariffs and trade policy has repeated adverse evidence across 4 filings.
  • Labor availability and costs has repeated adverse evidence across 3 filings.
Questions before a position
  • P/E is 52% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 34% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

56.59
6m-35.9%12m-48.2%24m-33.5%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$3.8B+24.8%$3.30+0.1%
2022-12-31$4.1B+9.5%$2.90-1.1%
2023-12-31$4.1B-0.4%$3.75+0.4%
2024-12-31$4.1B-0.5%$3.74+0.5%
2025-12-31$4.2B+2.3%$3.96-1.0%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
Net interest expense The 2.0 percent increase in net interest expense in the first quarter of 2026 from 2025 was primarily driven by: • a reduction of interest income due to lower cash balances in the first quarter of 2026 compared to the first quarter of 202…
10-Q · Apr 28, 2026
Input and raw-material costsnegative · 4 filings
This increase was partially offset by: • inflationary cost increases, including higher tariffs and certain raw material costs.
10-Q · Apr 28, 2026
Macroeconomic conditionsmixed · 4 filings
Segment income The components of the change in Pool segment income as a percentage of net sales from the prior period were as follows: Three months ended March 31, 2026 over the prior year period Volume/Price/Acquisition/Divestiture 3.3 pts Currency (0.2) Inf…
10-Q · Apr 28, 2026
Restructuring and cost reductionsmixed · 4 filings
The outflow related to net working capital was partially offset by net income from continuing operations, net of non-cash depreciation, definite-lived intangible amortization, share-based compensation and asset impairment, of $201.7 million.
10-Q · Apr 28, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 2.2× · EV/sales 2.6×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

56.59-0.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for PNR. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Latest filing assessment · baseline

The latest filing shows material pressure

10-Q filed 2026-04-28 against the comparable filing from 2025-04-22.

cautious
OperationsmixedEvidence score +1
liquiditycautiousEvidence score -1
valuationmixed

What improved

  • Revenue increased 2.6% versus the comparable filing period.

What weakened

  • Operating cash flow covered only -0.39x net income.

Filing receipts

Net interest expense The 2.0 percent increase in net interest expense in the first quarter of 2026 from 2025 was primarily driven by: • a reduction of interest income due to lower cash balances in the first quarter of 2026 compared to the first quarter of 2025.

Segment income The components of the change in Flow segment income as a percentage of net sales from the prior period were as follows: Three months ended March 31, 2026 over the prior year period Volume/Price/Acquisition/Divestiture 4.7 pts Currency (0.3) Inflation (2.9) Productivity 0.6 Total 2.1 pts The 2.1 percentage point increase in segment income for Flow as a percentage of net sales in the first quarter of 2026 from 2025 was primarily driven by: • increased selling prices to mitigate impacts of inflation; • the income of the Hydra-Stop acquisition; and • increased productivity.

Segment income The components of the change in Water Solutions segment income as a percentage of net sales from the prior period were as follows: Three months ended March 31, 2026 over the prior year period Volume/Price/Acquisition/Divestiture 3.6 pts Currency (0.7) Inflation (4.4) Productivity 3.1 Total 1.6 pts The 1.6 percentage point increase in segment income for Water Solutions as a percentage of net sales in the first quarter of 2026 from 2025 was primarily driven by: • increased selling prices to mitigate impacts of inflation; and • increased productivity.

Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.

Business ecosystem

The relationships behind PNR

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

POOLPool CorporationcustomerFeb 24, 2026

Customers Pool customers include businesses engaged in wholesale and retail distribution in the residential and commercial vertical markets.

POOLPool CorporationinvesteeFeb 24, 2026

In December 2024, as part of our Pool reportable segment, we completed the acquisition of G & F Manufacturing, LLC (“G & F Manufacturing”) for $116.0 million in cash, net of cash acquired.

Depended on by

POOLPool CorporationsupplierFeb 26, 2026

Our largest suppliers include Pentair plc, Zodiac Pool Systems, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

PNR is currently a Follower in the organic co-movement group Homebuilding & Building Products. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.