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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.
Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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