PENTAIR plc

Pentair plc is a water-focused industrial company that designs and manufactures equipment and systems for moving, treating, filtering, and managing water. Its business is organized around three reportable segments: Flow, Water Solutions, and Pool, serving residential, commercial, industrial, and pool end markets across North America and other global markets.

22,0 %

40,5 %

15,7 %

+2,3 %

1.61

0.95

— PENTAIR plc
%
Flow37% Pumps, valves, and specialty flow-control products for water movement and management.
Water Solutions25% Residential and commercial water treatment, filtration, and dispensing systems.
Pool38% Pool equipment, circulation products, and pool heat pumps for residential and commercial pools.

Pentair sells through wholesale and retail distribution channels, as well as directly to end users, consumers, and OEMs...

  • Wholesale and retail distributionprimary

    Buy Pentair-branded water treatment, filtration, and pool products for resale into residential and commercial channels.

  • Commercial food and beverageprimary

    Buy filtration, point-of-use systems, activated carbon products, and commercial ice machines for operations.

  • Residential end usersprimary

    Buy point-of-entry and point-of-use systems, softening systems, tanks, and pool equipment for home use.

  • Original equipment manufacturerssecondary

    Buy components and systems that are incorporated into third-party water and pool equipment.

  • Pool builders and service channelssecondary

    Buy pool equipment and heat pumps for installation, replacement, and service work.

Pentair is managed as a global business, with operations and sales spanning the U.S. and international markets...

  • •Legal domicile in Ireland with central management in the United Kingdom
  • •U.S. management office in Golden Valley, Minnesota
  • •Sales and operations are geographically diverse across global markets
  • •North American demand is important for residential, commercial, and pool products
  • •Weather-sensitive categories create stronger seasonal exposure in warm months

Pentair’s strategy centers on growth in core water businesses, digital and sustainability investment, and operational...

01
Grow core businesses and strategic initiativesmedium-term

Pentair’s portfolio is built around water systems, so expanding core categories supports scale and channel strength.

02
Invest in digital, innovation, technology, and sustainabilitymedium-term

Connected and more efficient products help differentiate the company in a competitive, specification-driven market.

03
Improve execution through transformation initiativesshort-term

Operational simplification and focus on higher-value products can improve competitiveness and customer service.

04
Disciplined capital allocationmedium-term

Balance sheet strength and shareholder returns support flexibility in a cyclical industrial business.

Pentair faces demand cyclicality tied to global economic conditions, customer inventory behavior, and weather-sensitive...

high

Customer concentration

The largest customer represented about 18% of consolidated net sales in 2025, so a loss or delay could materially affect revenue.

Scope
Largest customer concentration
Materiality
high
high

Cybersecurity and connected-product exposure

Smart and connected products increase the attack surface for systems, data, and operations.

Scope
IT systems, product platforms, customer data
Materiality
high
medium

Seasonality and weather dependence

Pool and water solution demand peaks in warmer months, making quarterly results sensitive to weather and timing.

Scope
Pool, residential water, and irrigation-related demand
Materiality
high
medium

Competitive pricing pressure

The company competes against large global and local manufacturers, and pricing pressure can intensify in downturns.

Scope
Water treatment, flow, and pool channels
Materiality
medium
medium

Acquisition and integration risk

Acquisitions must be integrated into operations, channels, and product portfolios without disrupting execution.

Scope
Hydra-Stop, G & F Manufacturing, and future M&A
Materiality
medium
Goodwill and indefinite-lived intangible impairment
Could create non-cash charges and reduce reported equity
Acquisition accounting and contingent consideration
Can change reported amortization, liabilities, and earnings
Seasonality in revenue recognition and comparability
Quarterly results may not reflect full-year demand trends
Transformation and restructuring costs
May obscure underlying run-rate profitability

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: 11/08/2026