Q3 2021 Performance - Sales increased by 21% to $969 million[6, 10] - Adjusted EPS increased by 27% to $0.89[6, 13] - Core sales were up 18%[11] - Segment income increased by 28%[13] - Return on Sales (ROS) reached 18.5%, a 90 bps increase[13] Segment Performance - Consumer Solutions sales increased by 30% to $614 million, with core sales up 26%[11, 16] - Consumer Solutions segment income increased by 47%, with ROS at 19.0%, up 330 bps[19] - Industrial & Flow Technologies sales increased by 8% to $355 million, with core sales up 8%[11, 21] - Industrial & Flow Technologies segment income increased by 23%, with ROS at 14.8%[24] Balance Sheet and Cash Flow - Free cash flow from continuing operations was $165 million for Q3 2021 and $506 million year-to-date[27] - Net Debt/Adjusted EBITDA at quarter end was 0.7x[28] Q4 2021 and Full Year 2021 Outlook - The company expects total sales to be up approximately 22% to 23% for the full year 2021[31, 38] - The company expects adjusted EPS to be approximately $3.34 to $3.40 for the full year 2021[31, 38]
Pentair(PNR) - 2021 Q3 - Earnings Call Presentation