Twelfth Consecutive Quarter of Margin Expansion
Pentair delivered its twelfth consecutive quarter of margin expansion, with adjusted operating income increasing 12% to $243 million and return on sales (ROS) expanding by 260 basis points to 24%.
Strong Pool Segment Growth
Pool sales increased 7% to $384 million, driven by price, volume, and a Q4 2024 acquisition. Segment income was $126 million, up 14%, with return on sales increasing 200 basis points to 32.8%.
Transformation Efforts Yield Significant Savings
In 2023 and 2024 combined, Pentair saved $174 million due to transformation initiatives and expects to deliver another $80 million in 2025 net of investments.
Strong Balance Sheet and Capital Deployment
Pentair has a low net debt to EBITDA leverage ratio of 1.6 times, strong free cash flow, and a balanced capital deployment strategy, including debt repayment, dividends, share repurchases, and M&A.
Dividend Aristocrat Status Reinforced
Pentair increased its dividend for the 49th consecutive year and repurchased $50 million of shares.