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Pentair (Pentair) Effective Interest Rate on Debt %

: 5.08% (As of Dec. 2023)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Pentair's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $106 Mil. Pentair's average total debt for the quarter that ended in Dec. 2023 was $2,093 Mil. Therefore, Pentair's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 5.08%.


Pentair Effective Interest Rate on Debt % Historical Data

The historical data trend for Pentair's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pentair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.17 2.35 1.31 3.66 5.27

Pentair Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.48 5.22 5.32 5.11 5.08

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Pentair's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pentair Effective Interest Rate on Debt % Distribution

For the Industrial Products industry and Industrials sector, Pentair's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Pentair's Effective Interest Rate on Debt % falls into.



Pentair Effective Interest Rate on Debt % Calculation

Pentair's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -118.3/( (2399+2093.6)/ 2 )
=-1  *  -118.3/2246.3
=5.27 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2369.7 + 29.3
=2399

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2067.4 + 26.2
=2093.6

Pentair's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  -106.4/( (2091.8+2093.6)/ 2 )
=-1  *  -106.4/2092.7
=5.08 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2065.6 + 26.2
=2091.8

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2067.4 + 26.2
=2093.6

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Pentair  (NYSE:PNR) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Pentair Effective Interest Rate on Debt % Related Terms

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Pentair (Pentair) Business Description

Industry
Traded in Other Exchanges
Address
70 London Road, Regal House, Twickenham, London, GBR, TW13QS
Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 25 countries. Pentair's business is organized into two segments: consumer solutions and industrial and flow technologies. The company offers a wide range of water solutions, including energy-efficient swimming pool equipment, filtration solutions, and commercial and industrial pumps. Pentair generated approximately $4.1 billion in revenue and $768 million in adjusted operating income in 2022.
Executives
Philip M. Rolchigo officer: EVP & Chief Technology Officer 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Jones David A /wi director C/O RAYOVAC CORP, 601 RAYOVAC DR, MADISON WI 53711-2497
T Michael Glenn director 942 S SHADY GROVE RD, MEMPHIS TN 38120
Stephen J Pilla officer: EVP Ch Sup Chn Of Ch Trnfrm Of 5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416
Adrian C Chiu officer: EVP & Pres., Water Solutions 5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416
Tracey Doi director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
John L Stauch officer: Executive Vice President, CFO 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Robert P Fishman officer: EVP, CFO & CAO 1700 S. PATTERSON BOULEVARD, DAYTON OH 45479
Tanya L Hooper officer: EVP & Chief HR Officer 5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416
Demon L Wiggins officer: EVP & Pres., Ind. & Flow Tech. 5500 WAYZATA BLVD, SUITE 900, GOLDEN VALLEY MN 55416
Glynis Bryan director 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416
Melissa Barra director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
John H Jacko officer: SVP & Chief Marketing Officer 1600 TECHNOLOGY WAY, LATROBE PA 15650
Gregory E. Knight director 1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Mario R D'ovidio officer: EVP & Pres, Consumer Solutions 5500 WAYZATA BLVD., SUITE 900, GOLDEN VALLEY MN 55416

Pentair (Pentair) Headlines

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