Pentair PLC (PNR)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 1.81 | 1.85 | 1.91 | 2.03 | 2.04 | 2.11 | 2.22 | 2.37 | 2.38 | 2.47 | 1.90 | 1.99 | 1.96 | 1.91 | 1.92 | 2.00 | 1.99 | 2.00 | 2.11 | 2.34 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,446,500K ÷ $3,562,900K
= 1.81
The financial leverage ratio of Pentair PLC has been fluctuating over the past few years. The ratio decreased from 2.34 as of March 31, 2020, to 1.81 as of December 31, 2024. This indicates a decreasing trend in the company's reliance on debt to finance its operations and assets. However, it is important to note that the ratio experienced some variability during this period, reaching a peak of 2.47 on September 30, 2022.
Overall, a decreasing financial leverage ratio suggests that Pentair PLC has been reducing its debt levels relative to its equity, which could indicate improved financial stability and potentially lower financial risk. Monitoring this ratio over time can provide insights into the company's capital structure and risk management strategies.
Peer comparison
Dec 31, 2024