Pentair plc (PNR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.04B | 1.02B | 1.02B | 1.12B | 1.01B | 972.9M | 993.4M | 1.1B | 1.02B | 984.6M | 1.01B | 1.08B | 1.03B | 1B | 1.06B | 1.06B | 999.6M | 988.6M | 969.2M | 941.1M |
| Revenue Growth % | 2.6% | 4.89% | 2.88% | 2.17% | -0.67% | -1.19% | -1.53% | 1.55% | -1.11% | -1.82% | -4.39% | 1.72% | 2.9% | 1.45% | 8.86% | 13.08% | 15.44% | 24.2% | 21.38% | 31.94% |
| Cost of Goods Sold | 603.3M | 608.7M | 603.4M | 666.5M | 607.1M | 595.3M | 600.2M | 661.4M | 627.1M | 618.5M | 637M | 683M | 646.8M | 678.1M | 707M | 704.7M | 667.4M | 660.4M | 634.4M | 600.1M |
| COGS % of Revenue | 58.19% | 59.65% | 59.04% | 59.34% | 60.09% | 61.19% | 60.42% | 60.17% | 61.65% | 62.82% | 63.14% | 63.09% | 62.88% | 67.61% | 67.01% | 66.22% | 66.77% | 66.8% | 65.46% | 63.77% |
| Gross Profit | 433.4M | 411.8M | 418.6M | 456.6M | 403.3M | 377.6M | 393.2M | 437.9M | 390.1M | 366.1M | 371.8M | 399.5M | 381.8M | 324.8M | 348.1M | 359.5M | 332.2M | 328.2M | 334.8M | 341M |
| Gross Margin % | 41.81% | 40.35% | 40.96% | 40.66% | 39.91% | 38.81% | 39.58% | 39.83% | 38.35% | 37.18% | 36.86% | 36.91% | 37.12% | 32.39% | 32.99% | 33.78% | 33.23% | 33.2% | 34.54% | 36.23% |
| Gross Profit Growth % | 7.46% | 9.06% | 6.46% | 4.27% | 3.38% | 3.14% | 5.76% | 9.61% | 2.17% | 12.72% | 6.81% | 11.13% | 14.93% | -1.04% | 3.97% | 5.43% | 5.39% | 15.77% | 20.69% | 39.13% |
| Operating Expenses | 223.4M | 237.7M | 186.9M | 208M | 200.2M | 182.5M | 213.3M | 189.9M | 209.3M | 199.1M | 191.7M | 191M | 198.2M | 213.2M | 201M | 168.7M | 186.4M | 177.5M | 167.5M | 179.2M |
| OpEx % of Revenue | 21.55% | 23.29% | 18.29% | 18.52% | 19.81% | 18.76% | 21.47% | 17.27% | 20.58% | 20.22% | 19% | 17.64% | 19.27% | 21.26% | 19.05% | 15.85% | 18.65% | 17.95% | 17.28% | 19.04% |
| Selling, General & Admin | 198.9M | 184.3M | 157.5M | 182.9M | 176.6M | 149.1M | 161.3M | 165.1M | 185.2M | 175.6M | 164.2M | 165.1M | 173.3M | 190.1M | 177.3M | 145.6M | 164.1M | 156M | 145.6M | 158.2M |
| SG&A % of Revenue | 19.19% | 18.06% | 15.41% | 16.29% | 17.48% | 15.33% | 16.24% | 15.02% | 18.21% | 17.83% | 16.28% | 15.25% | 16.85% | 18.95% | 16.8% | 13.68% | 16.42% | 15.78% | 15.02% | 16.81% |
| Research & Development | 24.5M | 22.5M | 24.7M | 25.1M | 23.6M | 21.8M | 22.9M | 24.8M | 24.1M | 23.5M | 25.5M | 25.9M | 24.9M | 23.1M | 23.7M | 23.1M | 22.3M | 21.5M | 21.9M | 21M |
| R&D % of Revenue | 2.36% | 2.2% | 2.42% | 2.23% | 2.34% | 2.24% | 2.31% | 2.26% | 2.37% | 2.39% | 2.53% | 2.39% | 2.42% | 2.3% | 2.25% | 2.17% | 2.23% | 2.17% | 2.26% | 2.23% |
| Other Operating Expenses | 0 | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 210M | 174.1M | 231.7M | 248.6M | 203.1M | 195.1M | 179.9M | 248M | 180.8M | 167M | 180.1M | 208.5M | 183.6M | 111.6M | 147.1M | 190.8M | 145.8M | 150.7M | 167.3M | 161.8M |
| Operating Margin % | 20.26% | 17.06% | 22.67% | 22.14% | 20.1% | 20.05% | 18.11% | 22.56% | 17.77% | 16.96% | 17.85% | 19.26% | 17.85% | 11.13% | 13.94% | 17.93% | 14.59% | 15.24% | 17.26% | 17.19% |
| Operating Income Growth % | 3.4% | -10.76% | 28.79% | 0.24% | 12.33% | 16.83% | -0.11% | 18.94% | -1.53% | 49.64% | 22.43% | 9.28% | 25.93% | -25.95% | -12.07% | 17.92% | -7.19% | 24.03% | 30.6% | 45.63% |
| EBITDA | 240.3M | 218.6M | 247M | 277.5M | 232.1M | 224M | 208.3M | 276.9M | 209.2M | 196M | 208.8M | 237.1M | 212.1M | 146.9M | 179M | 210.6M | 165.4M | 170.5M | 186.1M | 180.9M |
| EBITDA Margin % | 23.18% | 21.42% | 24.17% | 24.71% | 22.97% | 23.02% | 20.97% | 25.19% | 20.57% | 19.91% | 20.7% | 21.9% | 20.62% | 14.65% | 16.97% | 19.79% | 16.55% | 17.25% | 19.2% | 19.22% |
| EBITDA Growth % | 3.53% | -2.41% | 18.58% | 0.22% | 10.95% | 14.29% | -0.24% | 16.79% | -1.37% | 33.42% | 16.65% | 12.58% | 28.23% | -13.84% | -3.82% | 16.42% | -6.5% | 21.18% | 26.94% | 39.91% |
| D&A (Non-Cash Add-back) | 30.3M | 44.5M | 15.3M | 28.9M | 29M | 28.9M | 28.4M | 28.9M | 28.4M | 29M | 28.7M | 28.6M | 28.5M | 35.3M | 31.9M | 19.8M | 19.6M | 19.8M | 18.8M | 19.1M |
| EBIT | 210M | 201.8M | 231.1M | 190.4M | 202.6M | 199.6M | 180M | 247.2M | 180.7M | 160.6M | 180.4M | 213.3M | 182.9M | 129M | 147M | 190.7M | 145.7M | 152.7M | 168.4M | 161.5M |
| Net Interest Income | -20.1M | -17.4M | -14.4M | -17.9M | -19.7M | -15.2M | -19.8M | -26.3M | -27.3M | -26.6M | -27.5M | -31.8M | -32.4M | -27.6M | -19.3M | -9.2M | -5.7M | -1M | -2.6M | -3.8M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 20.1M | 17.4M | 14.4M | 17.9M | 19.7M | 15.2M | 19.8M | 26.3M | 27.3M | 26.6M | 27.5M | 31.8M | 32.4M | 27.6M | 19.3M | 9.2M | 5.7M | 1M | 2.6M | 3.8M |
| Other Income/Expense | -20.6M | 10.3M | -15M | -76.1M | -20.2M | -10.7M | -19.7M | -27.1M | -27.4M | -33M | -27.2M | -27M | -33.1M | -10.2M | -19.4M | -9.3M | -5.8M | 1M | -1.5M | -4.1M |
| Pretax Income | 189.4M | 184.4M | 216.7M | 172.5M | 182.9M | 184.4M | 160.2M | 220.9M | 153.4M | 134M | 152.9M | 181.5M | 150.5M | 101.4M | 127.7M | 181.5M | 140M | 151.7M | 165.8M | 157.7M |
| Pretax Margin % | 18.27% | 18.07% | 21.2% | 15.36% | 18.1% | 18.95% | 16.13% | 20.09% | 15.08% | 13.61% | 15.16% | 16.77% | 14.63% | 10.11% | 12.1% | 17.06% | 14.01% | 15.34% | 17.11% | 16.76% |
| Income Tax | 28.6M | 22.6M | 32.4M | 24M | 28M | 18M | 20.6M | 34.8M | 19.9M | -74.1M | 20.8M | 27.3M | 22M | 5.1M | 12.3M | 28.5M | 21.5M | 3.1M | 22.1M | 25.1M |
| Effective Tax Rate % | 15.1% | 12.26% | 14.95% | 13.91% | 15.31% | 9.76% | 12.86% | 15.75% | 12.97% | -55.3% | 13.6% | 15.04% | 14.62% | 5.03% | 9.63% | 15.7% | 15.36% | 2.04% | 13.33% | 15.92% |
| Net Income | 172.4M | 166.1M | 184.3M | 148.5M | 154.9M | 166.4M | 139.6M | 186.1M | 133.3M | 208M | 132.1M | 152.9M | 129.7M | 95M | 115.4M | 152.9M | 117.6M | 148.7M | 143.6M | 132.1M |
| Net Margin % | 16.63% | 16.28% | 18.03% | 13.22% | 15.33% | 17.1% | 14.05% | 16.93% | 13.1% | 21.13% | 13.09% | 14.12% | 12.61% | 9.47% | 10.94% | 14.37% | 11.76% | 15.04% | 14.82% | 14.04% |
| Net Income Growth % | 11.3% | -0.18% | 32.02% | -20.2% | 16.2% | -20% | 5.68% | 21.71% | 2.78% | 118.95% | 14.47% | 0% | 10.29% | -36.11% | -19.64% | 15.75% | -8.55% | 44.37% | 29.6% | 83.22% |
| Net Income (Continuing) | 160.8M | 161.8M | 184.3M | 148.5M | 154.9M | 166.4M | 139.6M | 186.1M | 133.5M | 208.1M | 132.1M | 154.2M | 128.5M | 96.3M | 115.4M | 153M | 118.5M | 148.6M | 143.7M | 132.6M |
| Discontinued Operations | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | -200K | -100K | 0 | -1000K | 1000K | -1000K | 0 | -100K | -900K | 100K | -100K | -500K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.05 | 1.01 | 1.12 | 0.90 | 0.93 | 1.00 | 0.84 | 1.11 | 0.80 | 1.25 | 0.79 | 0.92 | 0.78 | 0.58 | 0.70 | 0.92 | 0.71 | 0.89 | 0.86 | 0.79 |
| EPS Growth % | 12.9% | 1% | 33.33% | -18.92% | 16.25% | -20% | 6.33% | 20.65% | 2.56% | 115.52% | 12.86% | 0% | 9.86% | -34.83% | -18.6% | 16.46% | -7.79% | 45.9% | 30.3% | 83.72% |
| EPS (Basic) | 1.06 | 1.02 | 1.13 | 0.90 | 0.94 | 1.01 | 0.84 | 1.12 | 0.80 | 1.26 | 0.80 | 0.93 | 0.79 | 0.58 | 0.70 | 0.93 | 0.71 | 0.90 | 0.87 | 0.80 |
| Diluted Shares Outstanding | 163.7M | 164.7M | 165.1M | 166M | 166.3M | 167.1M | 167M | 167.3M | 167.2M | 166.7M | 166.6M | 166.1M | 165.8M | 165.2M | 165.2M | 165.5M | 166.5M | 166.9M | 167.6M | 167.8M |
| Basic Shares Outstanding | 162.5M | 163.4M | 163.8M | 164.7M | 164.9M | 167.1M | 165.6M | 165.9M | 165.7M | 165.3M | 165.2M | 165M | 164.8M | 164.5M | 164.5M | 164.8M | 165.3M | 165.2M | 165.7M | 166M |
| Dividend Payout Ratio | 25.58% | 24.68% | 22.19% | 27.74% | 26.6% | 22.84% | 27.29% | 20.53% | 28.51% | 17.45% | 27.55% | 23.74% | 27.91% | 36.32% | 29.98% | 22.76% | 29.51% | 22.26% | 23.12% | 25.28% |