Loading...
•
Dec 31, 2024
Pentair Q4 2024 Earnings Report
Pentair reported strong results driven by margin expansion and a resilient water portfolio.
Key Takeaways
Pentair reported Q4 2024 sales of $973 million, a 1% decrease compared to the same period last year. Despite the sales decrease, the company achieved a 17% increase in operating income, reaching $195 million, with a ROS of 20.1%. GAAP EPS was $0.99, and adjusted EPS was $1.08.
Q4 sales were $973 million, a 1% decrease year-over-year.
Operating income increased by 17% to $195 million, with a ROS of 20.1%.
GAAP EPS was $0.99, and adjusted EPS was $1.08.
The company increased its dividend by approximately 9% for 2025, marking the 49th consecutive year of dividend increases.
Pentair
Pentair
Pentair Revenue by Segment
Revenue by Segment
Water Solutions Revenue
CapyFin.comPool Revenue
CapyFin.com Forward Guidance
The Company is introducing 2025 GAAP EPS guidance of approximately $4.37 to $4.52, up 17 percent to 21 percent; and on an adjusted basis of approximately $4.65 to $4.80. This is an increase of 7 percent to 11 percent compared to 2024 adjusted EPS. The Company anticipates full year 2025 sales to be approximately flat to up 2 percent on a reported basis.
Positive Outlook
- 2025 GAAP EPS guidance of approximately $4.37 to $4.52, up 17% to 21%.
- Adjusted EPS guidance of approximately $4.65 to $4.80, an increase of 7% to 11% compared to 2024 adjusted EPS.
- Full year 2025 sales are anticipated to be approximately flat to up 2% on a reported basis.
- Pool segment is expected to grow.
- Company is focused on its mission to help the world sustainably move, improve, and enjoy water.
Challenges Ahead
- Flow and Water Solutions residential end markets remain pressured by higher interest rates.
- First quarter 2025 GAAP EPS is expected to be approximately $0.93 to $0.95.
- First quarter 2025 adjusted EPS is expected to be approximately $1.00 to $1.02.
- First quarter sales are expected to be down approximately 3% to 4% on a reported basis compared to first quarter 2024.
- Uncertain macroeconomic and geopolitical environment near-term.
Revenue & Expenses
Visualization of income flow from segment revenue to net income