financial statements

The full income statement, balance sheet, and cash-flow statement for Pentair plc. Ordinary Share (PNR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

See the live PNR chart & snapshot →

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	4.18B YoY+2.3%	4.08B YoY-0.5%	4.10B YoY-0.4%	4.12B YoY+9.5%	3.76B YoY+24.8%
	1.69B YoY+5.7%	1.60B YoY+5.2%	1.52B YoY+11.3%	1.36B YoY+3.4%	1.32B YoY+24.7%
Cost of revenue	2.49B YoY+0.1%	2.48B YoY-3.9%	2.59B YoY-6.2%	2.76B YoY+12.7%	2.45B YoY+24.8%
Research & development	95.9M YoY+2.5%	93.6M YoY-6.2%	99.8M YoY+8.2%	92.2M YoY+7.3%	85.9M YoY+13.5%
Selling, general & administrative	737M YoY+5.1%	701M YoY+3.1%	680M YoY+0.5%	677M YoY+13.5%	596M YoY+14.6%
Restructuring	36.7M YoY-15.6%	43.5M YoY+625.0%	6.00M YoY-89.3%	56.3M YoY+660.8%	7.40M YoY-47.5%
Amortization of intangibles	58.1M YoY+7.0%	54.3M YoY-1.8%	55.3M YoY+5.3%	52.5M YoY+99.6%	26.3M YoY-7.4%
Provision for credit losses	-800K YoY-300.0%	-200K YoY-128.6%	700K YoY-80.6%	3.60M YoY+227.3%	1.10M YoY+320.0%
Operating income	858M YoY+6.7%	804M YoY+8.7%	739M YoY+24.2%	595M YoY-6.5%	637M YoY+38.0%
Net interest income	-69.4M YoY+21.7%	-88.6M YoY+25.1%	-118M YoY-91.4%	-61.8M YoY-394.4%	-12.5M YoY+47.7%
Other non-operating income	-5.30M YoY-243.2%	3.70M YoY+285.0%	-2.00M YoY-111.7%	17.1M YoY+1610.0%	1.00M YoY+118.9%
Equity-method income	1.00M YoY-47.4%	1.90M YoY-32.1%	2.80M YoY+55.6%	1.80M YoY+500.0%	300K YoY-78.6%
Pre-tax income	757M YoY+5.2%	719M YoY+16.2%	619M YoY+12.4%	551M YoY-12.2%	627M YoY+45.1%
Income tax	107M YoY+14.7%	93.3M YoY+2432.5%	-4.00M YoY-105.9%	67.4M YoY-4.8%	70.8M YoY-5.6%
	654M YoY+4.5%	625M YoY+0.4%	623M YoY+29.5%	481M YoY-13.0%	553M YoY+54.2%
Income from continuing operations	650M YoY+3.8%	626M YoY+0.4%	623M YoY+28.9%	483M YoY-13.1%	556M YoY+55.7%
	$3.96 YoY+5.9%	$3.74 YoY-0.3%	$3.75 YoY+29.3%	$2.90 YoY-12.1%	$3.30 YoY+54.2%
EPS (basic)	$3.99 YoY+5.6%	$3.78 YoY+0.3%	$3.77 YoY+29.1%	$2.92 YoY-12.6%	$3.34 YoY+55.3%
Weighted-avg shares (basic)	164M YoY-0.9%	166M YoY+0.3%	165M YoY+0.2%	165M YoY-0.6%	166M YoY-0.4%
Weighted-avg shares (diluted)	166M YoY-1.0%	167M YoY+0.5%	166M YoY+0.4%	166M YoY-1.1%	168M YoY+0.1%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.54B YoY+7.4%	1.44B YoY-8.5%	1.57B YoY+0.7%	1.56B YoY+19.5%	1.30B YoY+33.7%
Cash & equivalents	102M YoY-14.4%	119M YoY-30.3%	170M YoY+56.4%	109M YoY+15.2%	94.5M YoY+15.1%
Inventory	633M YoY+3.6%	611M YoY-9.9%	678M YoY-14.2%	790M YoY+40.3%	563M YoY+34.0%
Prepaid expenses	55.0M YoY+0.0%	55.0M YoY+0.0%	55.0M YoY+0.0%	55.0M YoY+0.0%	55.0M YoY+0.0%
Other current assets	134M YoY-4.9%	141M YoY-11.3%	159M YoY+24.4%	128M YoY+14.1%	112M YoY+6.4%
	6.87B YoY+6.6%	6.45B YoY-1.8%	6.56B YoY+1.8%	6.45B YoY+35.6%	4.75B YoY+13.3%
Property, plant & equipment	377M YoY+5.0%	359M YoY-0.9%	362M YoY+5.1%	345M YoY+11.1%	310M YoY+2.9%
Operating lease right-of-use	115M YoY-0.7%	116M YoY+13.8%	102M YoY+29.8%	78.6M YoY-7.0%	84.5M YoY+1.1%
Goodwill	3.54B YoY+7.7%	3.29B YoY+0.4%	3.27B YoY+0.7%	3.25B YoY+29.9%	2.50B YoY+4.7%
Intangible assets	1.07B YoY+3.8%	1.03B YoY-0.8%	1.04B YoY-4.8%	1.09B YoY+155.7%	428M YoY+31.3%
Deferred tax assets	134M YoY+3.5%	130M YoY+14.5%	113M YoY+335.4%	26.0M YoY+12.6%	23.1M YoY-15.7%
Other non-current assets	4.95B YoY+6.4%	4.65B YoY+0.4%	4.63B YoY+1.9%	4.54B YoY+44.7%	3.14B YoY+7.5%
Total non-current assets	2.79B YoY+0.0%	2.79B YoY+0.0%	2.79B YoY+0.0%	2.79B YoY+0.0%	2.79B YoY+0.0%
	959M YoY+7.2%	895M YoY-5.7%	950M YoY-10.7%	1.06B YoY+1.1%	1.05B YoY+36.1%
Accounts payable	302M YoY+10.5%	273M YoY-2.2%	279M YoY-21.4%	355M YoY-8.0%	386M YoY+57.4%
Deferred revenue	37.4M YoY+10.7%	33.8M YoY-27.9%	46.9M YoY+7.1%	43.8M YoY+40.4%	31.2M YoY+38.7%
Short-term & current debt	200K YoY+0.0%	200K YoY+0.0%	200K YoY+0.0%	200K YoY+0.0%	200K YoY+0.0%
Current lease liability	28.5M YoY+8.4%	26.3M YoY+0.4%	26.2M YoY-10.6%	29.3M YoY+14.5%	25.6M YoY+15.8%
Other current liabilities	538M YoY+8.2%	497M YoY-8.9%	545M YoY-9.4%	602M YoY+14.5%	526M YoY+28.1%
	3.00B YoY+4.0%	2.88B YoY-13.8%	3.35B YoY-10.5%	3.74B YoY+60.4%	2.33B YoY+11.5%
Long-term debt	1.64B YoY-0.0%	1.64B YoY-17.6%	1.99B YoY-14.2%	2.32B YoY+159.2%	894M YoY+6.5%
Deferred revenue (non-current)	73.4M YoY+0.0%	73.4M YoY+0.0%	73.4M YoY+0.0%	73.4M YoY+0.0%	73.4M YoY+0.0%
Non-current lease liability	98.8M YoY+6.5%	92.8M YoY+17.3%	79.1M YoY+51.0%	52.4M YoY-16.3%	62.6M YoY-3.8%
Deferred tax liabilities	47.5M YoY+7.0%	44.4M YoY+11.0%	40.0M YoY-7.6%	43.3M YoY-51.8%	89.8M YoY-16.4%
Other non-current liabilities	295M YoY+21.2%	244M YoY-17.3%	295M YoY+20.3%	245M YoY+20.7%	203M YoY-24.7%
	3.87B YoY+8.6%	3.56B YoY+10.7%	3.22B YoY+18.8%	2.71B YoY+11.8%	2.42B YoY+15.0%
Additional paid-in capital	1.31B YoY-12.6%	1.50B YoY-5.8%	1.59B YoY+2.5%	1.55B YoY-1.8%	1.58B YoY-5.8%
Retained earnings	2.82B YoY+20.8%	2.34B YoY+25.2%	1.87B YoY+34.2%	1.39B YoY+32.3%	1.05B YoY+66.6%
Treasury stock	0.00	0.00	0.00	0.00	0.00
Accumulated other comprehensive income	-268M YoY+3.0%	-277M YoY-13.2%	-244M YoY-2.3%	-239M YoY-11.7%	-214M YoY-3.2%
Non-controlling interest	0.00	0.00	0.00	0.00	0.00
Total equity incl. non-controlling	3.87B YoY+8.6%	3.56B YoY+10.7%	3.22B YoY+18.8%	2.71B YoY+11.8%	2.42B YoY+15.0%
Total liabilities & equity	6.87B YoY+6.6%	6.45B YoY-1.8%	6.56B YoY+1.8%	6.45B YoY+35.6%	4.75B YoY+13.3%
Common shares issued	163M YoY-1.0%	165M YoY-0.3%	165M YoY+0.5%	165M YoY-0.4%	165M YoY-0.6%
Common shares outstanding	99.2M YoY+0.0%	99.2M YoY+0.0%	99.2M YoY+0.0%	99.2M YoY+0.0%	99.2M YoY+0.0%
Shares outstanding (cover)	163M YoY-1.0%	165M YoY-0.3%	165M YoY+0.5%	165M YoY-0.3%	165M YoY-0.6%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	815M YoY+6.3%	767M YoY+23.8%	619M YoY+70.4%	363M YoY-40.8%	613M YoY+6.9%
Depreciation & amortization	59.6M YoY-1.2%	60.3M YoY+1.3%	59.5M YoY+10.0%	54.1M YoY+5.7%	51.2M YoY+9.6%
Share-based compensation	37.0M YoY-6.8%	39.7M YoY+36.4%	29.1M YoY+16.9%	24.9M YoY-16.4%	29.8M YoY+46.8%
Deferred income taxes	-4.30M YoY+62.3%	-11.4M YoY+87.7%	-92.5M YoY-106.5%	-44.8M YoY-397.8%	-9.00M YoY-295.7%
Change in receivables	93.1M YoY+731.3%	11.2M YoY-54.1%	24.4M YoY+180.3%	-30.4M YoY-121.4%	142M YoY+195.8%
Change in inventory	36.9M YoY+168.8%	-53.6M YoY+51.1%	-110M YoY-158.6%	187M YoY+54.0%	121M YoY+317.2%
Change in payables	20.5M YoY+654.1%	-3.70M YoY+95.1%	-75.1M YoY-32.0%	-56.9M YoY-149.8%	114M YoY+239.4%
	-405M YoY-115.6%	-188M YoY-119.7%	-85.4M YoY+94.6%	-1.58B YoY-305.1%	-391M YoY-231.4%
Capital expenditure	68.8M YoY-7.5%	74.4M YoY-2.1%	76.0M YoY-10.8%	85.2M YoY+41.5%	60.2M YoY-3.2%
Acquisitions	292M YoY+170.5%	108M YoY+17900.0%	600K YoY-100.0%	1.58B YoY+367.0%	339M YoY+483.6%
Purchases of investments	18.0M	0.00	0.00	—	—
Proceeds from sale of PP&E	2.40M YoY+300.0%	600K YoY-89.3%	5.60M YoY+36.6%	4.10M YoY+5.1%	3.90M YoY+3800.0%
Other investing activities	-900K	0.00 YoY+100.0%	-4.10M YoY-1266.7%	-300K YoY+88.9%	-2.70M YoY-22.7%
	-403M YoY+36.8%	-637M YoY-36.0%	-468M YoY-138.0%	1.23B YoY+654.8%	-222M YoY+49.0%
Long-term debt issued	—	0.00	0.00 YoY-100.0%	1.39B	0.00
Long-term debt repaid	269M YoY-25.7%	363M YoY+2800.0%	12.5M YoY-85.8%	88.3M YoY-14.9%	104M YoY+40.3%
Common stock repurchased	225M YoY+50.0%	150M	0.00 YoY-100.0%	50.0M YoY-66.7%	150M YoY-0.1%
Dividends paid	164M YoY+7.9%	152M YoY+4.9%	145M YoY+4.8%	139M YoY+4.2%	133M YoY+4.6%
Other financing activities	—	—	—	—	-1.80M
FX effect on cash	-24.9M YoY-515.0%	6.00M YoY+239.5%	-4.30M YoY-458.3%	1.20M YoY-90.1%	12.1M YoY+159.9%
Net change in cash	-17.1M YoY+66.9%	-51.6M YoY-184.0%	61.4M YoY+326.4%	14.4M YoY+16.1%	12.4M YoY+3200.0%
Interest paid	79.8M YoY-45.2%	146M YoY-0.5%	146M YoY+156.8%	57.0M YoY+90.6%	29.9M YoY-27.1%
Income taxes paid	86.9M YoY-28.2%	121M YoY+0.8%	120M YoY-2.1%	123M YoY+70.8%	71.8M YoY+6.1%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	17.0B YoY+2.5%	16.6B YoY+38.0%	12.0B YoY+62.4%	7.40B YoY-38.6%	12.1B YoY+36.8%
P/E	26.0× YoY-2.0%	26.5× YoY+12.5%	23.6× YoY+70.4%	13.8× YoY-36.5%	21.8× YoY-11.3%
P/S	4.1× YoY+0.2%	4.1× YoY+39.4%	2.9× YoY+61.8%	1.8× YoY-43.8%	3.2× YoY+9.6%
P/B	4.4× YoY-5.6%	4.7× YoY+17.8%	4.0× YoY+41.0%	2.8× YoY-43.7%	5.0× YoY+18.9%
P/FCF	22.8× YoY-4.9%	24.0× YoY+3.0%	23.3× YoY-18.6%	28.6× YoY+31.1%	21.8× YoY+26.5%
Earnings yield	3.8% YoY+2.0%	3.8% YoY-11.1%	4.2% YoY-41.3%	7.2% YoY+57.5%	4.6% YoY+12.8%
FCF yield	4.4% YoY+5.1%	4.2% YoY-2.9%	4.3% YoY+22.9%	3.5% YoY-23.7%	4.6% YoY-20.9%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: PNR's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PNR filings on SEC EDGAR → Not investment advice.

PNR▼ financial statements

About this data

financial statements