Pentair plc (NYSE: PNR) is a global water, fluid, thermal management and equipment protection partner with industry leading products, services, and solutions. With 2014 revenues of $7.0 billion, Pentair employs approximately 30,000 people worldwide. We report the performance of our business within four global operating segments: Valves & Controls, Flow & Filtration Solutions, Water Quality Systems, and Technical Solutions. Valves & Controls
Designs, manufactures, markets, and services valves, fittings, automation and controls, and actuators for the energy and industrial verticals.
Process Technologies
Designs, manufactures, markets, and services innovative water system products and solutions to meet filtration, separation, and fluid process management challenges in food and beverage, water, wastewater, swimming pools, and aquaculture applications.
Flow Technologies
Designs, manufactures, and markets products and services designed for the transfer and flow of clean water, wastewater, and a variety of industrial applications.
Technical Solutions
Designs, manufactures, markets, and services products that guard and protect some of the world’s most sensitive electronics and electronic equipment, as well as heat management solutions designed to provide thermal protection to temperature sensitive fluid applications.

Pentair was founded in 1966 and is headquartered in Minneapolis, US

Pentair has offices in Minneapolis, Pinheiros, London, Nairobi and in 6 other locations

Minneapolis, US (HQ)

600 5500 Wayzata Blvd

Delavan, US

293 S Wright St

Hanover Park, US

1040 Muirfield Dr

Sanford, US

1620 Hawkins Ave

Noida, IN

Green Boulevard

Dubai, AE

22 Sheikh Zayed Rd

Pentair's revenue was reported to be $1.2 b in Q1, 2017

USD

## Revenue (Q1, 2017) | 1.2 b |

## Gross profit (Q1, 2017) | 422.3 m |

## Gross profit margin (Q1, 2017), % | 36% |

## Net income (Q1, 2017) | 87.8 m |

## EBIT (Q1, 2017) | 138.4 m |

## Market capitalization (15-Aug-2017) | 11.4 b |

## Cash (31-Mar-2017) | 238.1 m |

Pentair's current market capitalization is $11.4 b.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 7.5 b | 7 b | 6.4 b | 4.9 b |

## Revenue growth, % | (6%) | (8%) | (24%) | |

## Cost of goods sold | 5 b | 4.6 b | 4.3 b | |

## Gross profit | 2.5 b | 2.5 b | 2.2 b | |

## Gross profit Margin, % | 33% | 35% | 34% | |

## EBIT | 772.2 m | 850.7 m | 174.4 m | 161.8 m |

## EBIT margin, % | 10% | 12% | 3% | 3% |

## Interest income | 7.6 m | 3.7 m | 6 m | |

## Net Income | 542.6 m | 214.9 m | (76.4 m) | 522.2 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 1.9 b | 1.8 b | 1.5 b | 1.7 b | 1.6 b | 1.6 b | 1.7 b | 1.2 b | 1.2 b |

## Cost of goods sold | 1.3 b | 1.1 b | 964.8 m | 1.1 b | 1 b | 1 b | 1.1 b | 769.8 m | 761.2 m |

## Gross profit | 658.9 m | 624.7 m | 510.2 m | 566.2 m | 540.1 m | 535.4 m | 599.2 m | 440.9 m | 422.3 m |

## Gross profit Margin, % | 34% | 36% | 35% | 34% | 35% | 34% | 35% | 36% | 36% |

## R&D expense | 30.9 m | 28.5 m | 29.8 m | 29 m | 29.9 m | 33.2 m | 33.9 m | 29.7 m | 30 m |

## General and administrative expense | 400.3 m | 328.8 m | 309.2 m | 319.3 m | 330.2 m | 331.6 m | 348.4 m | 228.4 m | 253.9 m |

## Operating expense total | 431.2 m | 357.3 m | 339 m | 348.3 m | 360.1 m | 364.8 m | 382.3 m | 258.1 m | 283.9 m |

## EBIT | 227.7 m | 267.4 m | 171.2 m | 217.9 m | 180 m | 170.6 m | 216.9 m | 182.8 m | 138.4 m |

## EBIT margin, % | 12% | 15% | 12% | 13% | 12% | 11% | 13% | 15% | 12% |

## Interest expense | 17.5 m | 17.1 m | 18.2 m | 18.6 m | 31.3 m | 36.4 m | 35.5 m | 34.3 m | 35 m |

## Pre tax profit | 153.5 m | 199.9 m | 149.6 m | 135.1 m | 182.4 m | 149.7 m | 103.6 m | ||

## Income tax expense | 48.9 m | 58.1 m | 35.3 m | 46 m | 34.4 m | 27.7 m | 39.6 m | 32.2 m | 22.9 m |

## Net Income | 113.9 m | 147.8 m | 115.2 m | 107.4 m | 142.8 m | 141 m | 87.8 m |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 265.1 m | 110.4 m | 126.3 m | 238.5 m |

## Inventories | 1.2 b | 1.1 b | 1.2 b | 524.2 m |

## Current Assets | 3.2 b | 2.9 b | 2.8 b | 2.7 b |

## PP&E | 1.2 b | 950 m | 942.8 m | 538.6 m |

## Goodwill | 5.1 b | 4.7 b | 5.3 b | 4.2 b |

## Total Assets | 11.7 b | 10.7 b | 11.9 b | 11.5 b |

## Accounts Payable | 596.6 m | 583.1 m | 578.8 m | 436.6 m |

## Total Debt | 4.3 b | |||

## Current Liabilities | 1.6 b | 1.6 b | 1.5 b | 1.5 b |

## Total Liabilities | 7.3 b | |||

## Additional Paid-in Capital | 4.3 b | 2.9 b | 2.9 b | |

## Retained Earnings | 1.8 b | 2 b | 1.8 b | 2.1 b |

## Total Equity | 6.2 b | 4.7 b | 4 b | 4.3 b |

## Debt to Equity Ratio | 1 x | |||

## Debt to Assets Ratio | 0.4 x | |||

## Financial Leverage | 1.9 x | 2.3 x | 3 x | 2.7 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 174.4 m | 156.6 m | 131.1 m | 147.3 m | 144.9 m | 158.1 m | 173.3 m | 170.9 m | 238.1 m |

## Inventories | 1.3 b | 1.2 b | 1.2 b | 1.2 b | 1.3 b | 1.2 b | 1.1 b | 556.2 m | 546 m |

## Current Assets | 3.2 b | 3.1 b | 3 b | 2.9 b | 3 b | 3 b | 2.8 b | 2.7 b | 2.8 b |

## PP&E | 1.2 b | 990.8 m | 915.4 m | 908.5 m | 921.4 m | 951.8 m | 937.6 m | 547.3 m | 551.9 m |

## Goodwill | 5.1 b | 4.8 b | 4.7 b | 4.7 b | 5.8 b | 5.3 b | 5.2 b | 4.3 b | 4.3 b |

## Total Assets | 11.6 b | 10.9 b | 10.6 b | 10.6 b | 12.7 b | 12 b | 11.7 b | 11.7 b | 11.8 b |

## Accounts Payable | 587 m | 527.2 m | 504.9 m | 525.9 m | 531 m | 579 m | 531.7 m | 348.2 m | 387.3 m |

## Current Liabilities | 1.8 b | 1.7 b | 1.4 b | 1.5 b | 1.5 b | 1.5 b | 1.4 b | 1.3 b | 1.4 b |

## Additional Paid-in Capital | 4.9 b | 4.5 b | 4 b | 4.1 b | 2.8 b | 2.9 b | 2.9 b | 2.9 b | 2.9 b |

## Retained Earnings | 2.1 b | 1.9 b | 2.2 b | 2.2 b | 2.3 b | 1.8 b | 1.9 b | 2.1 b | 2.1 b |

## Total Equity | 5.7 b | 5 b | 4.4 b | 4.6 b | 4.5 b | 4.1 b | 4.2 b | 4.4 b | 4.4 b |

## Financial Leverage | 2 x | 2.2 x | 2.4 x | 2.3 x | 2.8 x | 2.9 x | 2.8 x | 2.7 x | 2.7 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 522.2 m | |||

## Depreciation and Amortization | 148.9 m | 138.7 m | 139.5 m | 84.6 m |

## Inventories | 67.7 m | (3.7 m) | 1.4 m | 34.3 m |

## Accounts Payable | 36.4 m | 34.5 m | (8.1 m) | 38 m |

## Cash From Operating Activities | 915.3 m | (145.6 m) | 15.9 m | |

## Capital Expenditures | (170 m) | (129.6 m) | (134.3 m) | (117.8 m) |

## Cash From Investing Activities | (211.2 m) | (128.3 m) | (2 b) | (121.8 m) |

## Long-term Borrowings | (7.4 m) | (16.8 m) | (356.6 m) | (700 k) |

## Dividends Paid | (194.2 m) | (211.4 m) | (231.7 m) | (243.6 m) |

## Cash From Financing Activities | (719.1 m) | (995.1 m) | 1.3 b | (600.1 m) |

## Free Cash Flow | 1.1 b |

USD | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|

## Net Income | 113.9 m | 147.8 m | 115.2 m | 107.4 m | 142.8 m | 141 m | 87.8 m |

## Inventories | 1.2 b | 1.3 b | 1.2 b | 1.1 b | 556.2 m | 546 m | |

## Accounts Payable | 525.9 m | 531 m | 579 m | 531.7 m | 348.2 m | 387.3 m |

Y, 2017 | |
---|---|

## Financial Leverage | 2.7 x |

Source: 20 public H-1B filings from Pentair

July 22, 2016

(Reuters) - U.S. factory automation equipment maker Emerson Electric Co has made an offer to acquire pump manufacturer Pentair Plc's troubled valves and controls division, according to people familiar with the matter.