---
schema_version: "secwatch.filing_event.v1"
accession: "0000077360-23-000026"
form_type: "8-K"
ticker: "PNR"
cik: "0000077360"
company_name: "PENTAIR plc"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:28:06.594495+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pentair Q2 beats: EPS $0.93/$1.03 adj, raises full-year EPS guidance

## Summary
- Q2 GAAP EPS $0.93 (up 1% YoY); adjusted EPS $1.03 (up 1% YoY); revenue $1.1B (+2% reported, -7% core).
- Industrial & Flow core +9%, Water Solutions core +9% (reported +51%), Pool core -28%.
- Operating income $209M (+9% YoY); adjusted ROS 21.6% (+230 bps).
- Free cash flow $433M, up $144M YoY; quarterly dividend $0.22 unchanged.
- Raises FY23 GAAP EPS to $3.27-$3.37, adjusted to $3.65-$3.75; Q3 adj EPS guide $0.84-$0.89.

## SEC filing metadata
- accession: 0000077360-23-000026
- form_type: 8-K
- ticker: PNR
- cik: 0000077360
- company_name: PENTAIR plc
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77360/000007736023000026/0000077360-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77360/000007736023000026/pnr-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077360-23-000026
- JSON: https://secwatch.observer/filing/0000077360-23-000026.json
- Plain text: https://secwatch.observer/filing/0000077360-23-000026.txt

## Key facts
- Earnings Releases
  PENTAIR plc reported Full Year 2023 results: EPS GAAP EPS from continuing operations approximately $3.27 to $3.37; adjusted EPS approximately $3.65 to $3.75. Guidance raised.
  - Period: Full Year 2023
  - EPS: GAAP EPS from continuing operations approximately $3.27 to $3.37; adjusted EPS approximately $3.65 to $3.75
  - Guidance: raised
  - Result: guidance update
  source text: The company increases its estimated 2023 GAAP EPS from continuing operations to approximately $3.27 to $3.37 and on an adjusted EPS basis to approximately $3.65 to $3.75.
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736023000026/0000077360-23-000026-index.htm
- Earnings Releases
  PENTAIR plc reported Second Quarter 2023 results: revenue $1.1 billion, EPS GAAP EPS from continuing operations $0.93; adjusted EPS $1.03.
  - Period: Second Quarter 2023
  - Revenue: $1.1 billion
  - EPS: GAAP EPS from continuing operations $0.93; adjusted EPS $1.03
  - Result: reported results
  source text: Pentair Reports Strong Second Quarter 2023 Results • Sales of $1.1 billion, up 2 percent compared to sales for the same period last year. • Operating income increased 9 percent to $209 million reflecting ROS of 19.3 percent, an increase of 140 basis points when compared to second quarter of 2022; on an adjusted basis, ROS expanded 230 basis points to 21.6 percent. • GAAP EPS from continuing operations increased 1 percent to $0.93 compared to the same period last year and adjusted EPS rose 1 percent to $1.03 compared to the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736023000026/0000077360-23-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.