GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pentair PLC (NYSE:PNR) » Definitions » Net Income

Pentair (Pentair) Net Income

: $623 Mil (TTM As of Dec. 2023)
View and export this data going back to 1996. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Pentair's Net Income for the three months ended in Dec. 2023 was $208 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $623 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Pentair's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.25.


Pentair Net Income Historical Data

The historical data trend for Pentair's Net Income 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
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 355.70 358.60 553.00 480.90 622.70

Pentair Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 95.00 129.70 152.90 132.10 208.00

Pentair Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Pentair's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=618.9+4+-0.2+1.1368683772162E-13
=623

Pentair's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=134+74.1+-0.1+0
=208

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $623 Mil.

* 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.


Pentair  (NYSE:PNR) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Pentair's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Pentair Net Income Related Terms

Thank you for viewing the detailed overview of Pentair's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Pentair (Pentair) Business Description

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

From GuruFocus

Q4 2022 Pentair PLC Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Pentair PLC Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Pentair PLC Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Pentair PLC Earnings Call Transcript

By GuruFocus Research 01-23-2024

Pentair PLC at Morgan Stanley Laguna Conference Transcript

By GuruFocus Research 01-23-2024

Q1 2019 Pentair PLC Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Pentair PLC Earnings Call Transcript

By GuruFocus Research 01-23-2024