Pentair (Pentair) Interest Expense : $-113 Mil (TTM As of Mar. 2024)

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What is Pentair Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pentair's interest expense for the three months ended in Mar. 2024 was $ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-113 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Pentair's Operating Income for the three months ended in Mar. 2024 was $ 181 Mil. Pentair's Interest Expense for the three months ended in Mar. 2024 was $ -27 Mil. Pentair's Interest Coverage for the quarter that ended in Mar. 2024 was 6.62. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pentair Interest Expense Historical Data

The historical data trend for Pentair's Interest Expense 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 Interest Expense Chart

Pentair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-30.10

-23.90

-12.50

-61.80

-118.30

Pentair Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-32.40	-31.80	-27.50	-26.60	-27.30

Pentair Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-113 Mil.

Pentair (NYSE:PNR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pentair's Interest Expense for the three months ended in Mar. 2024 was $-27 Mil. Its Operating Income for the three months ended in Mar. 2024 was $181 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2,181 Mil.

Pentair's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	180.8	/	-27.3
	=	6.62

The higher the ratio, the stronger the company's financial strength is.

Pentair (Pentair) Business Description

Industry

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

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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