---
schema_version: "secwatch.filing_event.v1"
accession: "0000077360-24-000017"
form_type: "8-K"
ticker: "PNR"
cik: "0000077360"
company_name: "PENTAIR plc"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:57:40.114356+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pentair Q1 GAAP EPS $0.80, adjusted $0.94; sales $1.0B; raises FY24 GAAP EPS guidance

## Summary
- Sales $1.0B (-1% YoY); operating income $181M; GAAP EPS $0.80 vs $0.78 YoY; adjusted EPS $0.94 vs $0.91.
- Segment income $217M (+3% YoY); adjusted ROS 21.4% (+90 bps); Flow ROS +350 bps to 20.1%, Water Solutions +110 bps to 20.4%, Pool -110 bps to 30.8%.
- Free cash flow used -$127M vs -$123M YoY; dividend maintained at $0.23/share (48th consecutive annual increase).
- FY24 GAAP EPS guidance raised to ~$3.76-$3.86; adjusted EPS reiterated at $4.15-$4.25; sales growth 2-3%.
- Q2 2024 guidance: GAAP EPS $1.08-$1.10, adjusted EPS $1.15-$1.17; sales up ~1-2%.

## SEC filing metadata
- accession: 0000077360-24-000017
- form_type: 8-K
- ticker: PNR
- cik: 0000077360
- company_name: PENTAIR plc
- filed_at: 2024-04-23T23:59:59+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/77360/000007736024000017/0000077360-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77360/000007736024000017/pnr-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077360-24-000017
- JSON: https://secwatch.observer/filing/0000077360-24-000017.json
- Plain text: https://secwatch.observer/filing/0000077360-24-000017.txt

## Key facts
- Earnings Releases
  PENTAIR plc reported first quarter 2024 results: revenue $1.0 billion, EPS $0.80. Guidance reaffirmed.
  - Period: first quarter 2024
  - Revenue: $1.0 billion
  - EPS: $0.80
  - Guidance: reaffirmed
  - Result: reported results
  source text: News Release Pentair Reports Strong First Quarter 2024 Results • Sales of $1.0 billion • Operating income of $181 million reflecting ROS of 17.8 percent, flat to prior year; on an adjusted basis, ROS expanded 90 basis points to 21.4 percent • GAAP EPS of $0.80 and adjusted EPS of $0.94 • The company updates its full year 2024 GAAP EPS guidance to approximately $3.76 to $3.86 and reiterates EPS guidance on an adjusted basis of approximately $4.15 to $4.25
  evidence_url: https://www.sec.gov/Archives/edgar/data/77360/000007736024000017/0000077360-24-000017-index.htm

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