---
schema_version: "secwatch.filing_event.v1"
accession: "0000077360-24-000003"
form_type: "8-K"
ticker: "PNR"
cik: "0000077360"
company_name: "PENTAIR plc"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:27:29.048516+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pentair Q4 GAAP EPS $1.25 vs $0.58; full-year adjusted EPS $3.75; 2024 guidance raised 11-13%

## Summary
- Q4 sales $985M, down 2% YoY; adjusted ROS expanded 190 bps to 20.1%.
- Full-year free cash flow $550M, up $267M vs 2022; dividend raised 5% to $0.23/share (48th consecutive increase).
- Pool segment full-year sales down 18% but ROS improved 270 bps to 31.0%.
- 2024 adjusted EPS guidance $4.15-$4.25 (11-13% increase); Q1 adjusted EPS $0.88-$0.91.
- Flow segment full-year sales +5%, income +17%; Water Solutions full-year sales +19%, income +66%.

## SEC filing metadata
- accession: 0000077360-24-000003
- form_type: 8-K
- ticker: PNR
- cik: 0000077360
- company_name: PENTAIR plc
- filed_at: 2024-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/0000077360-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/pnr-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077360-24-000003
- JSON: https://secwatch.observer/filing/0000077360-24-000003.json
- Plain text: https://secwatch.observer/filing/0000077360-24-000003.txt

## Key facts
- Earnings Releases
  PENTAIR plc reported 2024 results: EPS $3.82 to $3.92. Guidance initiated.
  - Period: 2024
  - EPS: $3.82 to $3.92
  - Guidance: initiated
  - Result: guidance update
  source text: The Company introduces 2024 GAAP EPS guidance of $3.82 to $3.92 an d adjusted EPS guidance of $4.15 to $4.25 .
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/0000077360-24-000003-index.htm
- Earnings Releases
  PENTAIR plc reported fourth quarter and full year of 2023 results: revenue $985 million, EPS $1.25. Guidance initiated.
  - Period: fourth quarter and full year of 2023
  - Revenue: $985 million
  - EPS: $1.25
  - Guidance: initiated
  - Result: reported results
  source text: titled measures reported by other companies. --- EX-99.1 (EX-99.1) --- News Release Pentair Reports Strong Fourth Quarter and Full Year 2023 Results • Fourth quarter sales of $985 million; full year 2023 sales of $4.1 billion. • Operating income in the fourth quarter increased 50 percent to $167 million reflecting ROS of 17.0 percent, an increase of 590 basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/0000077360-24-000003-index.htm
- Earnings Releases
  PENTAIR plc reported full year 2023 results: revenue $4.1 billion, EPS $3.75. Guidance initiated.
  - Period: full year 2023
  - Revenue: $4.1 billion
  - EPS: $3.75
  - Guidance: initiated
  - Result: reported results
  source text: full year 2023 sales of $4.1 billion. • Operating income in the fourth quarter increased 50 percent to $167 million reflecting ROS of 17.0 percent, an increase of 590 basis points when compared to fourth quarter 2022; on an adjusted basis, ROS expanded 190 basis points to 20.1 percent. Full year operating income increased 24 percent to $739 million reflecting ROS of 18.0 percent, an increase of 360 basis points from the prior year; on an adjusted basis, ROS expanded 220 basis points to 20.8 percent. • Fourth quarter GAAP EPS of $1.25 and adjusted EPS of $0.87; full year 2023 GAAP EPS of $3.75 and adjusted EPS of $3.75.
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/0000077360-24-000003-index.htm

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