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PENTAIR (PNR)

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Earnings summaries and quarterly performance for PENTAIR.

Research analysts who have asked questions during PENTAIR earnings calls.

Andrew Krill

Andrew Krill

Deutsche Bank

8 questions for PNR

Also covers: BMI, VLTO, WTS +1 more
Deane Dray

Deane Dray

RBC Capital Markets

8 questions for PNR

Also covers: AME, ATKR, CARR +21 more
Jeffrey Hammond

Jeffrey Hammond

KeyBanc Capital Markets

8 questions for PNR

Also covers: AOS, ETN, GGG +19 more
JM

Julian Mitchell

Barclays Investment Bank

8 questions for PNR

Also covers: AIRJ, ALLE, AME +27 more
NC

Nigel Coe

Wolfe Research, LLC

7 questions for PNR

Also covers: AME, CARR, CNM +29 more
JG

Joseph Giordano

TD Cowen

6 questions for PNR

Also covers: ABLZF, AME, APH +22 more
ST

Steve Tusa

JPMorgan Chase & Co.

6 questions for PNR

Also covers: AIN, ALTR, CARR +16 more
BL

Brett Linzey

Mizuho Securities

5 questions for PNR

Also covers: AIRO, AIT, ALLE +15 more
NJ

Nathan Jones

Stifel, Nicolaus & Company, Incorporated

5 questions for PNR

Also covers: AOS, BMI, CPS +21 more
SB

Saree Boroditsky

Jefferies

5 questions for PNR

Also covers: AOS, APH, CSL +15 more
AB

Andrew Buscaglia

BNP Paribas

4 questions for PNR

Also covers: AME, APH, CGNX +12 more
Andrew Kaplowitz

Andrew Kaplowitz

Citigroup

4 questions for PNR

Also covers: ACM, AOS, APG +29 more
Andy Kaplowitz

Andy Kaplowitz

Citigroup Inc.

4 questions for PNR

Also covers: ACM, APG, ATKR +17 more
BL

Brian Lee

Goldman Sachs Group, Inc.

4 questions for PNR

Also covers: ARRY, AYI, CCJ +23 more
MH

Mike Halloran

Robert W. Baird & Co. Incorporated

4 questions for PNR

Also covers: ALH, AOS, CXT +14 more
Scott Graham

Scott Graham

Seaport Research Partners

4 questions for PNR

Also covers: AEIS, AME, AOS +8 more
Brian Blair

Brian Blair

Oppenheimer & Co. Inc.

3 questions for PNR

Also covers: TKR
Bryan Blair

Bryan Blair

Oppenheimer

3 questions for PNR

Also covers: AMRZ, AOS, CSL +13 more
DK

Damian Karas

UBS

3 questions for PNR

Also covers: ALH, AOS, CGNX +14 more
CS

C. Stephen Tusa

JPMorgan Chase & Co.

2 questions for PNR

Also covers: ADSK, ANSS, APG +17 more
MH

Michael Halloran

Baird

2 questions for PNR

Also covers: AOS, CXT, DOV +19 more
Nathan Jones

Nathan Jones

Stifel

2 questions for PNR

Also covers: ADNT, AOS, BMI +16 more
NC

Nick Cash

Goldman Sachs Group, Inc.

2 questions for PNR

AF

Adam Farley

Stifel Financial Corp.

1 question for PNR

Also covers: AOS, BMI, CR +10 more
NA

Nick Ash

Goldman Sachs Group, Inc.

1 question for PNR

Recent press releases and 8-K filings for PNR.

Pentair provides Investor Day 2026 strategic update
PNR
Guidance Update
  • Pentair outlines a strategy targeting mid-single-digit organic revenue growth and 100 bps annual margin expansion to reach 28% ROS by 2028, excluding potential uplift from U.S. residential recovery.
  • The Flow & Water Solutions segment delivered $225 million operating income in FY 2025, and plans to drive high incremental margins via next-gen pump innovations, IoT-enabled aftermarket services, and commercial/infrastructure growth platforms.
  • Pentair Pool achieved 8% annual growth and 600 bps margin expansion over the past six years, leveraging its leading brand, extensive dealer network, and pool connectivity to capture share and address labor constraints.
  • The Pentair Business System, including 80/20 SKU rationalization, has structurally reduced fixed costs, exited Quad 4 offerings, and refocused capacity on Quad 1 customers, supporting durable earnings leverage and ~100% free cash flow conversion.
  • A strong cash flow profile and investment-grade balance sheet underpin disciplined capital allocation—organic investments in high-return platforms, accretive M&A, 50th consecutive year of dividend raises, and opportunistic share buybacks.
2 days ago
Pentair outlines 2026–2028 growth and profitability targets
PNR
Guidance Update
  • Pentair expects mid-single-digit organic revenue growth and ~100 bps annual margin expansion, targeting 28% return on sales by 2028.
  • In its base case, Pentair targets mid-single-digit revenue growth, high-single-digit adjusted operating income growth, low-double-digit EPS compounding, and ~100% free cash flow conversion, with additional upside from residential recovery and breakthrough innovations.
  • The company prioritizes organic investments, dividend growth (50th consecutive year), and disciplined M&A/share buybacks, while maintaining an investment-grade balance sheet (≤2.5 x net leverage cap).
  • Strategic use of its Pentair business system (80/20, SIOP, make-buy) has delivered structural cost reductions, portfolio simplification (6,500 SKUs cut), and improved returns, supporting a high-teens ROIC through cycles.
  • Growth is expected to be balanced across Flow, Water Quality, Commercial, and Pool segments, generating approximately $2.7 billion of cumulative cash through 2028 for reinvestment and shareholder returns.
2 days ago
Pentair outlines Investor Day 2026 strategy
PNR
Guidance Update
New Projects/Investments
  • Pentair expects mid-single-digit revenue growth, ~100 bps margin expansion, and low-double-digit EPS growth through 2028, targeting 28% ROS by 2028 on a base-case excluding housing recovery and breakthrough innovations.
  • The Pentair Business System and 80/20 program have permanently reset the cost base, yielding sustained incremental margins, ~100% free cash flow conversion, and supporting ~$2.7 billion of cumulative cash generation to 2028.
  • Pool and Commercial Water Solutions are identified as best-in-class businesses with clear growth and margin expansion paths, while Flow & Water Quality Management focus on complexity reduction and productivity to drive future margin gains.
  • Capital allocation is prioritized as organic growth, dividend increases (50 consecutive years of raises), and disciplined opportunistic M&A and share buybacks, underpinned by an investment-grade balance sheet.
  • A unified strategy across 12 water businesses will leverage innovation, digital solutions, and AI to address evolving water challenges and expand the total addressable market.
2 days ago
Pentair hosts 2026 Investor Day
PNR
Guidance Update
  • Pentair is hosting an Investor Day in New York City today from 9:30 a.m. to 12 p.m. ET, featuring presentations by CEO John Stauch and CFO Nick Brazis.
  • The company is reiterating its 2026 guidance and unveiling new long-term financial targets through fiscal 2028.
  • CEO John Stauch highlighted trends in water scarcity and infrastructure modernization, and outlined plans for sales growth, margin expansion, adjusted EPS growth, and stronger free cash flow on a multi-decade value creation runway.
  • In 2025, Pentair generated approximately $4.2 billion in revenue and trades under the ticker PNR.
2 days ago
Pentair outlines 2026 guidance and leadership transition at Barclays conference
PNR
CFO Change
Guidance Update
M&A
  • Nick Brazis succeeds Bob Fishman as CFO effective March 1, 2026; De’Mon Wiggins now leads both Flow and Water Solutions segments.
  • For FY 2026 Pentair guides flat pool volumes with 2–3 points of price, Water Solutions up low-single digits, and Flow up high-single digits with ~100 bps margin expansion.
  • Emphasis on a balanced guide across Move, Improve, and Enjoy segments, each contributing roughly equally to incremental EBITDA.
  • Leverage reduced to 1.4× net debt/EBITDA; recent bolt-on acquisitions include Gulf Stream and Hydra-Stop; future M&A to prioritize ROIC enhancement.
Feb 19, 2026, 2:50 PM
Pentair updates 2026 guidance and announces CFO change
PNR
CFO Change
Guidance Update
Management Change
  • Pentair guided full-year 2026 with flat Pool volumes (assuming no residential recovery), 2–3% pricing to offset inflation, high-single-digit growth in Flow, low-single-digit growth in Water Solutions, and ~100 bp system-wide margin expansion, with each segment contributing equally to incremental EBITDA
  • CFO Bob Fishman will retire effective March 1, 2026, and Nick Brazis is appointed as incoming CFO
  • Demand remains strong in commercial (buildings, healthcare, data centers) and industrial markets driven by recurring-revenue solutions, while residential end markets are flat
  • Ongoing transformation program targeting >26% corporate margins, delivering approximately $70 million annually in productivity gains, with further opportunities beyond 2026
Feb 19, 2026, 2:50 PM
Pentair outlines 2026 strategy and CFO transition at Barclays conference
PNR
CFO Change
Guidance Update
M&A
  • Pentair CFO Bob Fishman will retire on March 1, with Nick Brazis named incoming CFO after a two-year overlap in preparation for the transition.
  • De’Mon Wiggins is now leading both the Flow and Water Solutions segments, targeting synergies in residential/commercial filtration and growth in industrial and convenience-store markets.
  • 2026 guidance calls for flat pool volumes offset by 2–3% pricing, Water Solutions growth in the low single digits, Flow growth in the high single digits with ~100 bps margin expansion, and balanced EBITDA contributions across all segments.
  • Capital allocation remains disciplined: net debt/EBITDA delevered from ~2.5× post-Manitowoc to 1.4× at end-2025, with bolt-on M&A (Gulf Stream, Hydra-Stop), share buybacks, and light CapEx.
Feb 19, 2026, 2:50 PM
Pentair reports Q4 2025 results
PNR
Earnings
Guidance Update
Share Buyback
  • Pentair delivered 5% sales growth to $1,021 M, 9% adjusted operating income growth to $252 M, a 90 bps expansion in ROS to 24.7%, and 9% higher adjusted EPS of $1.18 in Q4 2025.
  • Growth was led by Pool (+11%) and Flow (+9%), with core sales up 4% year-over-year.
  • Updated FY 2026 guidance: total sales expected to rise 3–4% to $4,280–4,330 M, and adjusted EPS of $5.25–5.40 (up 7–10%).
  • Generated $748 M of free cash flow in FY 2025, repurchased $225 M of shares, maintained a 50th consecutive annual dividend increase, and ended the year with net debt/EBITDA of 1.4×.
Feb 3, 2026, 2:00 PM
Pentair announces Q4 2025 results and 2026 guidance
PNR
Earnings
CFO Change
Guidance Update
  • Delivered 5% sales growth, 9% adjusted operating profit increase, ROS expanded to 24.7%, and adjusted EPS of $1.18, marking the 15th consecutive quarter of margin expansion.
  • Generated record free cash flow of $748 million, returned $225 million to shareholders via share repurchases, and authorized a new $1 billion buyback program.
  • Announced CFO transition: Nick Brazis named incoming CFO, succeeding Bob Fishman after six years and 24 quarters of service.
  • Issued 2026 outlook: 3%–4% sales growth, 5%–8% adjusted operating income growth, and adjusted EPS guidance of $5.25–$5.40.
  • Effective Q1 2026, combined residential Flow and Water Solutions businesses under one leadership to drive channel synergies and operational scale.
Feb 3, 2026, 2:00 PM
Pentair reports Q4 2025 results
PNR
Earnings
CFO Change
Guidance Update
  • In Q4, Pentair delivered 5% sales growth, 24.7% ROS, and $1.18 adjusted EPS, marking the 15th consecutive quarter of margin expansion.
  • For FY 2025, the company posted $4.18 billion in sales (+2%), $4.92 adjusted EPS (+14%), and a record $748 million in free cash flow.
  • Nick Brazis has been named incoming CFO, succeeding Bob Perkis as part of a management transition.
  • The 2026 outlook calls for 3–4% sales growth and $5.25–$5.40 adjusted EPS, an ~8% increase at midpoint, with a target ROS of ~26%.
Feb 3, 2026, 2:00 PM