Q4 2024 EARNINGS RELEASE FEBRUARY 4, 2025 - Picture to be updated Forward-Looking Statements This presentation contains statements that we believe to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words "targets," "plans," "believes," "expects," "intends," "will," "likely," "may," ...

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Pentair plc (PNR) reported $972.9 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 1.2%. EPS of $1.08 for the same period compares to $0.87 a year ago.The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $969.89 million. With the consensus EPS estimate being $1.02, the EPS surprise was +5.88%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Financial Data and Key Metrics Changes - In Q4 2024, sales decreased by 1% to $1,000,000,000, but adjusted operating income increased by 17% to a record $231,000,000, with return on sales (ROS) expanding by 370 basis points to 23.8% [10][20] - For the full year 2024, sales were $4,100,000,000, with adjusted operating income of $959,000,000, up 12%, and adjusted EPS of $4.33, up 15% [11][12] - The company generated record free cash flow of $693,000,000, marking a nearly 26% year-over-year increase [29][30] Business Line Data and Key Metrics Changes - Flow segment sales decreased by 5% in Q4 to $361,000,000, while commercial sales increased by 7% [22] - Water Solutions segment sales decreased by 4% in Q4 to $258,000,000, with reportable segment income growing by 21% to $62,000,000 [25] - Pool segment sales grew by 5% in Q4 to $354,000,000, driven by both price and volume [26] Market Data and Key Metrics Changes - The company expects total sales in fiscal 2025 to be approximately flat to up 2%, with flow sales expected to increase slightly and water solutions sales expected to decline by low single digits [32][39] - Pool sales are projected to increase by approximately 4% to 5% in 2025, benefiting from a recent acquisition [40] Company Strategy and Development Direction - The company is focused on transformation initiatives and the implementation of the "eightytwenty" strategy to drive profitability and operational efficiencies [16][18] - The ROS target has been increased to 26% by the end of 2026, reflecting confidence in achieving higher profitability despite macroeconomic uncertainties [28] Management's Comments on Operating Environment and Future Outlook - Management noted that 2024 was a transformative year with strong performance across all segments, despite macroeconomic challenges [7][9] - The company anticipates a recovery in residential markets in the second half of 2025, contingent on interest rate stabilization [111] Other Important Information - The company has increased its dividend by approximately 9%, marking the 49th consecutive year of dividend increases [30] - The company is committed to maintaining a disciplined capital allocation strategy, focusing on organic growth and strategic acquisitions [30] Q&A Session Summary Question: What is the split between the legacy transformation program and the new eightytwenty program? - Management indicated that the benefits of transformation will be captured in the productivity column, with eightytwenty helping to focus the business [44][45] Question: How is pricing being managed in light of tariffs? - The company expects to implement a price increase of 1.5% to 2%, which includes adjustments for tariffs, and anticipates that price will offset additional tariff costs [46][48] Question: What is the outlook for the pool market? - Management remains cautious about new pool builds, expecting low single-digit growth in new and remodeled pools, with aftermarket sales also projected to grow [56][106] Question: How are tariffs affecting the financial outlook? - The company has embedded the impact of tariffs in its adjusted EPS guidance, with expectations for minimal impact in Q1 and more significant effects in subsequent quarters [55][62] Question: What is the expected contribution from the recent acquisition? - The acquisition is expected to contribute approximately $35,000,000 in revenue for 2025, with a net benefit of about $30,000,000 [77]

Pentair plc (PNR) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this company would post earnings of $1.07 per share when it actually produced earnings of $1.09, delivering a surprise of 1.87%.Over the last four quarters, the company has sur ...

Exhibit 99.1 News Release Pentair Reports Strong Fourth Quarter and Full Year 2024 Results Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables. LONDON, United Kingdom — February 4, 2025 — Pentair plc (NYSE: PNR) today announced fourth quarter 2024 sales of $973 million. Sales were down 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 1 percent in the fourth quarter. Fourth quarter 2024 ...

Pentair plc (PNR) is set to release its fourth-quarter 2024 results on Feb. 4, before the opening bell.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for PNR’s fourth-quarter revenues is pegged at $969.9 million, indicating a 1.5% fall from the year-ago figure.The consensus estimate for earnings is pegged at $1.02 per share. The Zacks Consensus Estimate for PNR’s earnings has been unchanged for the past 60 days. The estimate indicates year-over-year growt ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Pentair plc (PNR) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 4, 2025, might help the stock move higher if these key numbers are better than ex ...

Pentair Plc (PNR) announced a 9% hike in the quarterly dividend payout, marking its 49th consecutive year of a dividend increase. This is in sync with PNR’s long-standing commitment to returning capital to shareholders.Details of PNR’s Quarterly Dividend HikePentair will pay the new quarterly dividend of 25 cents on Feb. 7, 2025, to shareholders of record as of Jan. 24, 2025. The raised dividend takes the company’s dividend yield from the current 0.85% to 0.92%. PNR has a three-year dividend growth rate of ...

Group 1: Acquisition Details - Pentair plc has acquired G&F Manufacturing for approximately $108 million in cash, which is expected to modestly enhance earnings in 2025 [1][4] - G&F Manufacturing specializes in manufacturing heat pumps for pools under the Gulfstream brand, primarily serving the Southeast United States [2] - The acquisition aligns with Pentair's strategy to provide sustainable pool equipment solutions and meet customer demands in critical geographical regions [3] Group 2: Financial Performance - In Q3, Pentair's Pool segment net sales reached $331 million, reflecting a year-over-year increase of 7.3%, with operating earnings growing 24.4% to $112.7 million [5] - Overall net sales for Pentair declined 1.5% year-over-year to $993 million, although this figure exceeded the Zacks Consensus Estimate of $990 million [5] - Adjusted earnings per share for Q3 2024 were reported at $1.09, surpassing the Zacks Consensus Estimate of $1.07 and the company's guidance of $1.06-$1.08, marking a 14% improvement from the previous year [6] Group 3: Stock Performance - Pentair's stock has appreciated by 65.5% over the past year, significantly outperforming the industry average growth of 30.2% [7]