Pentair PLC (PNR)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,562,900 | 3,498,800 | 3,432,900 | 3,327,200 | 3,217,100 | 3,040,900 | 2,935,300 | 2,809,500 | 2,708,100 | 2,639,200 | 2,563,000 | 2,503,900 | 2,421,900 | 2,338,100 | 2,271,600 | 2,193,800 | 2,106,300 | 2,049,800 | 1,949,700 | 1,892,500 |
| ROE | 17.55% | 19.06% | 19.21% | 18.82% | 19.36% | 16.76% | 16.80% | 17.55% | 17.76% | 20.26% | 21.96% | 21.65% | 22.83% | 21.70% | 20.89% | 18.89% | 17.03% | 17.24% | 17.18% | 19.93% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $625,400K ÷ $3,562,900K
= 17.55%
To analyze Pentair PLC's return on equity (ROE) over the period from March 31, 2020, to December 31, 2024, we can observe the following trends:
- The ROE fluctuated during the period, starting at 19.93% in March 2020 and reaching its peak at 22.83% in December 2021. This indicates that Pentair was generating a strong return for its shareholders during this period.
- However, after December 2021, the ROE started to decline, dropping to 16.76% by September 2023. This downward trend could suggest potential challenges or changes in the company's performance impacting its ability to generate returns for shareholders efficiently.
- Towards the end of the period, the ROE slightly recovered, reaching 19.06% by September 2024, but remained lower than the peak levels seen in 2021.
Overall, Pentair PLC's ROE demonstrated fluctuations over the analyzed period, possibly reflecting varying profitability and efficiency levels within the company. Further analysis would be necessary to understand the specific factors driving these changes in ROE.
Peer comparison
Dec 31, 2024