Pentair PLC (PNR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 625,400 | 622,700 | 480,900 | 553,000 | 358,600 |
| Revenue | US$ in thousands | 3,995,100 | 3,987,100 | 4,061,100 | 3,754,700 | 2,994,800 |
| Net profit margin | 15.65% | 15.62% | 11.84% | 14.73% | 11.97% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $625,400K ÷ $3,995,100K
= 15.65%
The net profit margin of Pentair PLC has shown fluctuations over the years as follows:
- December 31, 2020: 11.97%
- December 31, 2021: 14.73%
- December 31, 2022: 11.84%
- December 31, 2023: 15.62%
- December 31, 2024: 15.65%
The net profit margin measures the percentage of each dollar of revenue that results in net profit after all expenses are deducted. The company saw a significant increase in the net profit margin from 2020 to 2021, indicating improved efficiency in controlling costs and generating profit. However, the margin decreased in 2022 before showing a strong rebound in 2023 and 2024. Overall, the trend suggests that Pentair PLC has been managing its expenses effectively and generating a higher proportion of profit from its revenue in recent years.
Peer comparison
Dec 31, 2024