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Mar 31

Pentair Q1 2025 Earnings Report

Pentair reported a solid first quarter, driven by strong EPS growth despite slightly lower sales year-over-year.

Key Takeaways

Pentair delivered earnings growth in Q1 2025 with improved operating and net income, despite a minor decline in sales. The Pool segment led the way in revenue growth, while cash flow improved year-over-year.

Adjusted EPS increased 18% to $1.11

Operating income rose 12% to $203.1 million

Net income reached $154.9 million, up from $133.5 million

Free cash flow improved to -$55.7 million from -$127 million

Total Revenue
$1.01B
Previous year: $1.02B
-0.7%
EPS
$1.11
Previous year: $0.94
+18.1%
Return on Sales
20.1%
Previous year: 17.8%
+12.9%
Adjusted ROS
24%
Previous year: 21.4%
+12.1%
Dividend per Share
$0.25
Previous year: $0.23
+8.7%
Gross Profit
$403M
Previous year: $390M
+3.4%
Cash and Equivalents
$141M
Previous year: $109M
+28.9%
Free Cash Flow
-$55.7M
Previous year: -$127M
-56.1%
Total Assets
$6.75B
Previous year: $6.74B
+0.1%

Pentair

Pentair

Pentair Revenue by Segment

Forward Guidance

Pentair expects continued earnings growth in Q2 and full-year 2025, supported by pricing strategies and operational execution, though it remains vigilant about tariffs and macroeconomic conditions.

Positive Outlook

  • Q2 2025 GAAP EPS forecasted at $1.24–$1.28
  • Q2 2025 adj. EPS forecasted at $1.31–$1.35
  • Full year 2025 adj. EPS expected at $4.65–$4.80
  • Sales growth projected flat to up 2% for 2025
  • Solid cash flow and strong balance sheet support capital allocation

Challenges Ahead

  • Sales declined YoY in Flow and Water Solutions segments
  • Tariff impacts require continued mitigation
  • Net cash from operations remained negative
  • Currency fluctuations impacted core sales
  • Macro uncertainties remain a challenge for demand planning

Revenue & Expenses

Visualization of income flow from segment revenue to net income