Pentair (Pentair) Intangible Assets

: $4,317 Mil (As of Dec. 2023)

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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pentair's intangible assets for the quarter that ended in Dec. 2023 was $4,317 Mil.

Pentair Intangible Assets Historical Data

The historical data trend for Pentair's Intangible Assets 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.

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Pentair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

2,597.80

2,718.10

2,932.50

4,347.20

4,317.00

Pentair Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Intangible Assets																4,347.20	4,345.10	4,333.90	4,294.20	4,317.00

Pentair Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Pentair (NYSE:PNR) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.

Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.

Pentair Intangible Assets Related Terms

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Pentair (Pentair) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PNT:Germany PNT:Germany

Address

70 London Road, Regal House, Twickenham, London, GBR, TW13QS

Website

https://www.pentair.com

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