Pentair PLC (PNR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 718,700 | 618,700 | 548,300 | 623,800 | 433,600 |
| Revenue | US$ in thousands | 3,995,100 | 3,987,100 | 4,061,100 | 3,754,700 | 2,994,800 |
| Pretax margin | 17.99% | 15.52% | 13.50% | 16.61% | 14.48% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $718,700K ÷ $3,995,100K
= 17.99%
The pretax margin of Pentair PLC has shown variability over the years analyzed. Starting at 14.48% in December 2020, it increased to 16.61% by the end of 2021, indicating improved profitability before accounting for taxes. However, in 2022, the pretax margin decreased to 13.50%, revealing a potential decline in operational efficiency or increased costs. Subsequently, there was a rebound with the pretax margin rising to 15.52% in December 2023 and further to 17.99% by the end of 2024. These positive trends in 2023 and 2024 suggest effective cost management or revenue growth strategies implemented by Pentair PLC during those periods. Overall, Pentair PLC has demonstrated a mix of performance levels in terms of pretax margin over the analyzed years, showcasing both challenges and successes in sustaining and improving profitability.
Peer comparison
Dec 31, 2024