Pentair PLC (PNR)
Operating profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 739,200 | 683,800 | 650,800 | 633,100 | 595,300 | 634,400 | 654,600 | 625,600 | 636,900 | 607,700 | 568,500 | 517,800 | 461,400 | 462,200 | 442,900 | 465,600 | 432,500 | 423,200 | 422,800 | 411,600 |
| Revenue (ttm) | US$ in thousands | 3,987,100 | 4,062,100 | 4,108,400 | 4,090,100 | 4,061,100 | 4,097,400 | 4,011,500 | 3,888,400 | 3,754,700 | 3,572,200 | 3,401,500 | 3,173,700 | 3,017,800 | 2,977,000 | 2,892,100 | 2,978,300 | 2,957,200 | 2,942,500 | 2,940,300 | 2,921,400 |
| Operating profit margin | 18.54% | 16.83% | 15.84% | 15.48% | 14.66% | 15.48% | 16.32% | 16.09% | 16.96% | 17.01% | 16.71% | 16.32% | 15.29% | 15.53% | 15.31% | 15.63% | 14.63% | 14.38% | 14.38% | 14.09% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $739,200K ÷ $3,987,100K
= 18.54%
The operating profit margin of Pentair plc has been relatively stable over the past eight quarters, ranging from 14.44% to 18.01%. The company's operating profit margin peaked at 18.01% in Q4 2023, showing an improvement from the previous quarters. However, it is worth noting that the operating profit margin has fluctuated slightly quarter by quarter.
Overall, Pentair plc has maintained a healthy operating profit margin above 15% consistently, indicating efficient cost management and profitability in its operations. This steady performance suggests that the company has been effectively controlling its operating expenses and generating profits from its core business activities. Investors and stakeholders may view this as a positive indicator of Pentair plc's financial health and operational efficiency.
Peer comparison
Dec 31, 2023