Pentair PLC (PNR)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,638,700 | 1,628,400 | 1,752,600 | 2,084,300 | 1,988,300 | 1,993,600 | 2,114,700 | 2,491,800 | 2,317,300 | 2,448,100 | 911,500 | 1,091,100 | 894,100 | 700,900 | 716,600 | 932,400 | 839,600 | 805,200 | 1,013,000 | 1,450,500 |
| 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 |
| Debt-to-equity ratio | 0.46 | 0.47 | 0.51 | 0.63 | 0.62 | 0.66 | 0.72 | 0.89 | 0.86 | 0.93 | 0.36 | 0.44 | 0.37 | 0.30 | 0.32 | 0.43 | 0.40 | 0.39 | 0.52 | 0.77 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,638,700K ÷ $3,562,900K
= 0.46
Pentair PLC's debt-to-equity ratio has fluctuated over the years, indicating changes in the company's capital structure and financial leverage. The ratio decreased from 0.77 as of March 31, 2020, to 0.32 as of June 30, 2021, reflecting a significant reduction in debt relative to equity. However, the ratio increased to 0.93 as of September 30, 2022, suggesting a higher level of debt compared to equity during that period.
Subsequently, the ratio declined to 0.46 as of December 31, 2024, indicating a more balanced mix of debt and equity in the company's capital structure. Overall, fluctuations in Pentair PLC's debt-to-equity ratio highlight the company's management of financial risk and its efforts to optimize the use of debt financing to support growth and operations.
Peer comparison
Dec 31, 2024