Pentair PLC (PNR)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 625,400 | 667,000 | 659,500 | 626,300 | 622,700 | 509,700 | 493,000 | 493,000 | 480,900 | 534,600 | 562,800 | 542,000 | 553,000 | 507,300 | 474,500 | 414,500 | 358,600 | 353,400 | 334,900 | 377,100 |
| Total assets | US$ in thousands | 6,446,500 | 6,472,600 | 6,548,000 | 6,738,700 | 6,563,300 | 6,411,000 | 6,508,300 | 6,671,200 | 6,447,500 | 6,508,600 | 4,872,200 | 4,975,900 | 4,753,600 | 4,472,800 | 4,354,700 | 4,384,100 | 4,197,200 | 4,103,500 | 4,116,100 | 4,426,700 |
| ROA | 9.70% | 10.30% | 10.07% | 9.29% | 9.49% | 7.95% | 7.57% | 7.39% | 7.46% | 8.21% | 11.55% | 10.89% | 11.63% | 11.34% | 10.90% | 9.45% | 8.54% | 8.61% | 8.14% | 8.52% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $625,400K ÷ $6,446,500K
= 9.70%
Pentair PLC's return on assets (ROA) has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at 8.52% in March 2020, slightly decreased to 8.14% in June 2020, and then increased to 8.61% by September 2020. It remained relatively stable around the 8.5% mark until March 2021 when it increased significantly to 9.45%. The trend continued with further improvements in the subsequent quarters, reaching a peak of 11.63% in December 2021.
However, the ROA experienced a slight decline in the following quarters, dropping to 7.46% by December 2022. The ROA then fluctuated within the range of 7.39% to 10.30% until the end of December 2024, with a slight recovery to 9.70%.
Overall, Pentair PLC's ROA trend indicates fluctuations with periods of increase and decrease. It is essential for stakeholders to further analyze the underlying factors driving these changes to assess the company's efficiency in generating profits relative to its total assets.
Peer comparison
Dec 31, 2024