Pentair PLC (PNR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 803,800 | 739,200 | 595,300 | 636,900 | 461,400 |
| Revenue | US$ in thousands | 3,995,100 | 3,987,100 | 4,061,100 | 3,754,700 | 2,994,800 |
| Operating profit margin | 20.12% | 18.54% | 14.66% | 16.96% | 15.41% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $803,800K ÷ $3,995,100K
= 20.12%
The operating profit margin of Pentair PLC has shown an increasing trend over the past five years, indicating improved operational efficiency. In particular, the margin increased from 15.41% in 2020 to 20.12% in 2024. This steady growth suggests that Pentair has been able to effectively control its operating expenses relative to its revenue, resulting in a higher percentage of each dollar of sales translating into operating profit. Overall, the company's ability to consistently improve its operating profit margin reflects a positive trend in its operational performance and management of costs.
Peer comparison
Dec 31, 2024