Pentair plc. (PNR) Financial Statements (2024 and earlier)

Company Profile

Business Address REGAL HOUSE, 70 LONDON ROAD
LONDON, TW13QS
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 355 - Special Industry Machinery, Except Metalworking (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments    8374
Cash and cash equivalents    8374
Receivables(11)(11)(9)(8)(10)(14)
Inventory, net of allowances, customer advances and progress billings678790563420377388
Inventory678790563420377388
Contract with customer, asset, after allowance for credit loss     4137
Other current assets1591281121069989
Other undisclosed current assets743651638458472466
Total current assets:1,5691,5591,3049751,0621,039
Noncurrent Assets
Operating lease, right-of-use asset 102798584 
Property, plant and equipment362345310301  
Intangible assets, net (including goodwill) 4,3174,3472,9332,7182,5982,349
Goodwill 3,2753,2532,5052,3922,2582,073
Intangible assets, net (excluding goodwill) 1,0421,095428326339276
Deferred costs 26222623  
Other noncurrent assets    197146
Other undisclosed noncurrent assets 187979797  
Total noncurrent assets:4,9944,8893,4503,2222,7942,495
Other undisclosed assets     283273
TOTAL ASSETS:6,5636,4484,7544,1974,1403,807
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities404461526362749819
Employee-related liabilities14011771112
Accounts payable279355386245325379
Accrued liabilities125106  353328
Other liabilities545602526410  
Total current liabilities:9501,0631,052773749819
Noncurrent Liabilities
Long-term debt and lease obligation1,9882,3178948401,029788
Long-term debt, excluding current maturities1,9882,3178948401,029788
Liabilities, other than long-term debt408359386479303364
Deferred tax liabilities, net106
Deferred income tax liabilities404390107 
Liability, pension and other postretirement and postemployment benefits7471931029690
Other liabilities295245203269207168
Other undisclosed noncurrent liabilities     104 
Total noncurrent liabilities:2,3972,6761,2801,3181,4371,152
Total liabilities:3,3463,7392,3322,0912,1861,970
Equity
Equity, attributable to parent3,2152,7062,4202,1051,9521,834
Additional paid in capital1,5941,5551,5831,6811,7781,894
Accumulated other comprehensive loss(244)(239)(214)(207)(227)(229)
Retained earnings1,8661,3911,051631401169
Other undisclosed equity222222
Total equity:3,2172,7082,4222,1061,9541,836
TOTAL LIABILITIES AND EQUITY:6,5636,4484,7544,1974,1403,807

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues4,1054,1223,7653,0182,9572,965
Cost of revenue
(Cost of Goods and Services Sold)
(2,585)(2,757)(2,446)(1,960)(1,906)(1,917)
Gross profit:1,5191,3651,3191,0581,0521,048
Operating expenses(780)(769)(682)(596)(619)(611)
Operating income:739595637461433437
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(2)171(5)3 
Interest and debt expense     (30)(50)
Income from continuing operations before equity method investments, income taxes:737612638456405387
Other undisclosed income (loss) from continuing operations before income taxes(118)(62)(11)(24)2(7)
Income from continuing operations before income taxes:619551627432408380
Income tax expense (benefit)4(67)(71)(75)(46)(58)
Income from continuing operations:623483556357362322
Income before gain (loss) on sale of properties:556359356347
Income (loss) from discontinued operations    2(6)26
Other undisclosed net loss(0)(2)(3)   
Net income available to common stockholders, diluted:623481553359356347

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:623481553359356347
Other comprehensive income (loss)(5)(25)(7)19  
Comprehensive income:617456546378356347
Other undisclosed comprehensive income (loss), net of tax, attributable to parent    215
Comprehensive income, net of tax, attributable to parent:617456546378358362

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: