Pentair PLC (PNR)

Current ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Total current assets	US$ in thousands	1,436,100	1,489,100	1,563,500	1,748,600	1,569,000	1,499,400	1,570,000	1,766,700	1,558,500	1,562,500	1,462,600	1,541,700	1,304,000	1,249,500	1,107,300	1,208,500	975,100	963,500	1,001,700	1,339,600
Total current liabilities	US$ in thousands	895,100	928,800	950,400	919,300	949,600	1,001,900	1,060,600	1,001,600	1,063,100	1,100,500	1,056,100	1,014,400	1,051,700	1,016,000	931,100	823,900	772,500	818,900	750,600	682,800
Current ratio		1.60	1.60	1.65	1.90	1.65	1.50	1.48	1.76	1.47	1.42	1.38	1.52	1.24	1.23	1.19	1.47	1.26	1.18	1.33	1.96

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $1,436,100K ÷ $895,100K
= 1.60

The current ratio of Pentair PLC has been fluctuating over the past few years. Starting from 1.96 in March 2020, it decreased to 1.18 by September 2020, indicating a potential liquidity concern. However, the company managed to improve its current ratio to 1.76 by March 2023, displaying better short-term liquidity position. This improvement was followed by a slight decrease to 1.60 by December 2024. Overall, Pentair PLC's current ratio has generally remained above 1, reflecting its ability to cover its short-term obligations with current assets.

Peer comparison

Dec 31, 2024

Company name

Symbol

Current ratio

Pentair PLC

PNR

1.60

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