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Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T.
Businesswire· 2026-03-20 20:54
Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T. Michael Glenn Mar 20, 2026 4:54 PM Eastern Daylight Time Pentair Announces Retirement of Chairman of the Board David A. Jones and Appointment of T. Michael Glenn Share LONDON--(BUSINESS WIRE)--Pentair (NYSE: PNR), a leader in helping the world sustainably move, improve, and enjoy water, life's most essential resource, today announced that David A. Jones, Chair of the Board, will retire from the Company's Board of Dire ...
Pentair Announces Quarterly Cash Dividend of $0.27
Businesswire· 2026-02-23 21:20
Core Viewpoint - Pentair plc has announced a quarterly cash dividend of $0.27 per share, marking the 50th consecutive year of dividend increases [1] Company Summary - The dividend will be paid on May 1, 2026, to shareholders of record as of April 17, 2026 [1] - Pentair focuses on sustainable water solutions for both residential and commercial sectors, as well as industrial water management [1]
Pentair Reports Strong Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-02-03 11:50
Core Insights - Pentair reported strong financial results for the fourth quarter and full year 2025, with a GAAP EPS of $3.93, up 5% from 2024, and an adjusted EPS of $4.92, up 14% from the previous year [1][2] - The company anticipates continued growth in 2026, projecting GAAP EPS guidance of approximately $4.94 to $5.09, representing a 26% to 30% increase [2][3] - Pentair celebrated its 50th consecutive year of dividend increases, announcing an 8% increase in its quarterly cash dividend to $0.27 per share [2][3] Financial Performance - Fourth quarter 2025 sales reached $1,021 million, a 5% increase year-over-year, while full year sales totaled $4.2 billion, up 2% from 2024 [1][2] - Operating income for the fourth quarter was $205 million, a 5% increase, with a return on sales (ROS) of 20.1%, remaining flat compared to the same quarter in 2024 [1][2] - Full year operating income increased by 7% to $858 million, with an ROS of 20.5%, an increase of 80 basis points from the prior year [1][2] Segment Performance - Flow sales increased by 9% in the fourth quarter and 3% for the full year, with reportable segment income up 22% in Q4 [2][3] - Water Solutions sales decreased by 10% in Q4 and 6% for the full year, with reportable segment income remaining flat [2][3] - Pool sales rose by 11% in Q4 and 9% for the full year, with reportable segment income also increasing by 11% [2][3] Cash Flow and Shareholder Returns - Full year net cash provided by operating activities was $815 million, an increase of $48 million compared to 2024, with free cash flow of $748 million, up $55 million [1][2] - The company repurchased 2.3 million shares for $225 million during 2025, with $1 billion available for future share repurchases [2][3] - Pentair's dividend increase marks a significant milestone, reflecting its commitment to returning value to shareholders [2][3]