Pentair PLC (PNR)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 718,700 | 668,200 | 660,900 | 620,200 | 618,700 | 584,900 | 559,700 | 560,900 | 548,300 | 600,000 | 638,000 | 613,800 | 623,800 | 585,900 | 545,400 | 490,100 | 433,600 | 420,500 | 397,500 | 432,000 |
| Revenue (ttm) | US$ in thousands | 3,995,100 | 3,977,100 | 3,992,500 | 3,975,700 | 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 |
| Pretax margin | 17.99% | 16.80% | 16.55% | 15.60% | 15.52% | 14.40% | 13.62% | 13.71% | 13.50% | 14.64% | 15.90% | 15.79% | 16.61% | 16.40% | 16.03% | 15.44% | 14.37% | 14.12% | 13.74% | 14.50% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $718,700K ÷ $3,995,100K
= 17.99%
Pentair PLC's pretax margin has shown variability over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 14.50% in March 2020, declined slightly to 13.74% in June 2020, and then gradually increased over the next few quarters, reaching a peak of 17.99% by December 31, 2024.
There were fluctuations in the pretax margin during this period, with some quarters showing higher margins than others. The overall trend, however, indicates an improvement in profitability as the pretax margin generally increased over the years.
Investors and stakeholders may find the increasing trend in pretax margin positive, as it suggests that Pentair PLC has been effectively managing its operating expenses and generating higher earnings before taxes relative to its revenue. However, the slight decline in the pretax margin in the most recent quarter (September 30, 2024) could warrant further analysis to understand the factors behind this decrease.
Peer comparison
Dec 31, 2024