Pentair PLC (PNR)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 625,400 | 622,700 | 480,900 | 553,000 | 358,600 |
| Total stockholders’ equity | US$ in thousands | 3,562,900 | 3,217,100 | 2,708,100 | 2,421,900 | 2,106,300 |
| ROE | 17.55% | 19.36% | 17.76% | 22.83% | 17.03% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $625,400K ÷ $3,562,900K
= 17.55%
Based on the provided data, Pentair PLC's return on equity (ROE) has shown variability over the past five years.
In December 2020, the ROE was 17.03%, indicating that for every dollar of shareholders' equity, the company generated a return of 17.03%. The ROE then increased to 22.83% by December 2021, reflecting improved profitability and efficiency in utilizing equity investments.
However, there was a slight decrease in ROE to 17.76% by December 2022, suggesting a potential decline in profitability or a change in the company's capital structure. Subsequently, the ROE improved to 19.36% by December 2023, indicating a rebound in the company's ability to generate returns for its shareholders.
By December 2024, Pentair PLC's ROE stood at 17.55%, exhibiting a relatively stable performance compared to the previous years. Overall, Pentair PLC's ROE performance has been mixed, with fluctuations observed over the five-year period, indicating varying levels of profitability and efficiency in utilizing shareholder equity.
Peer comparison
Dec 31, 2024