Pentair (Pentair) Retained Earnings

: $1,866 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pentair's retained earnings for the quarter that ended in Dec. 2023 was $1,866 Mil.

Pentair's quarterly retained earnings increased from Jun. 2023 ($1,600 Mil) to Sep. 2023 ($1,696 Mil) and increased from Sep. 2023 ($1,696 Mil) to Dec. 2023 ($1,866 Mil).

Pentair's annual retained earnings increased from Dec. 2021 ($1,051 Mil) to Dec. 2022 ($1,391 Mil) and increased from Dec. 2022 ($1,391 Mil) to Dec. 2023 ($1,866 Mil).

Pentair Retained Earnings Historical Data

The historical data trend for Pentair's Retained Earnings 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

Retained Earnings

401.00

631.20

1,051.40

1,390.50

1,866.20

Pentair Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																1,390.50	1,483.90	1,600.40	1,696.10	1,866.20

Pentair Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Pentair (NYSE:PNR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Pentair (Pentair) Business Description

Industry

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

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