---
schema_version: "secwatch.filing_event.v1"
accession: "0000077360-23-000035"
form_type: "8-K"
ticker: "PNR"
cik: "0000077360"
company_name: "PENTAIR plc"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T15:22:10.365041+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pentair Q3 adjusted EPS $0.94, down 5% YoY; updates FY 2023 guidance

## Summary
- Sales $1.0B (down 4% YoY); GAAP EPS $0.79 (+13%); adjusted EPS $0.94 (-5%).
- Operating margins expand: GAAP ROS 17.9% (+400 bps), adjusted ROS 21.0% (+140 bps).
- Pool segment core sales down 21%; Water Solutions flat; Industrial & Flow Tech up 1%.
- Free cash flow $143M, up from $72M YoY; net cash from operations $162M.
- Updates FY 2023 GAAP EPS guidance to $3.25-$3.30, adjusted to $3.70-$3.75; Q4 adjusted EPS guide $0.82-$0.87.

## SEC filing metadata
- accession: 0000077360-23-000035
- form_type: 8-K
- ticker: PNR
- cik: 0000077360
- company_name: PENTAIR plc
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77360/000007736023000035/0000077360-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77360/000007736023000035/pnr-20231024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077360-23-000035
- JSON: https://secwatch.observer/filing/0000077360-23-000035.json
- Plain text: https://secwatch.observer/filing/0000077360-23-000035.txt

## Key facts
- Earnings Releases
  PENTAIR plc reported third quarter of 2023 results: revenue $1.0 billion, EPS $0.79.
  - Period: third quarter of 2023
  - Revenue: $1.0 billion
  - EPS: $0.79
  - Result: reported results
  source text: be comparable to similarly titled measures reported by other companies. --- EX-99.1 (EX-99.1) --- News Release Pentair Reports Strong Third Quarter 2023 Results • Sales of $1.0 billion, down 4 percent compared to sales for the same period last year. • Operating income increased 22 percent to $180 million reflecting ROS of 17.9 percent, an increase of 400 basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736023000035/0000077360-23-000035-index.htm

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