Loading…

PentairPNRCompetitor analysis, valuation and peers

United States · USD·Industrials›Industrial Machinery

Makes water treatment, filtration and pool equipment for residential, commercial and industrial customers.

Momentum strong 71
Mkt cap
$10.9B
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$230M
20-day average traded
Fwd P/E
13.2×
forward earnings
ROIC−WACC
+3.3 pp
WACC 9.3%
Hurdle
+0 pp
Req g minus delivered
Official | Implied
BBB- / BBB-
agencies · bond market
Next earnings
88 days
2 Feb 2027
Close · USD$68.12
1D-2.4%
1W+2.8%
1M+30.2%
3M+2.1%
6M-11.3%
YTD-34.2%
1Y-36.5%
ATR %3.3%
Beta0.88
52w lowhigh37.7% off high

What Pentair does

Makes water treatment, filtration and pool equipment for residential, commercial and industrial customers.

Sells pool pumps, filters and heaters mainly through distributors and installers who specify the brand, while water-treatment lines go to homes, restaurants and industrial plants, each earning repeat sales as equipment wears out. Spun off its electrical business as nVent in 2018, leaving a pure water company.

Products and services

  • Pool equipment (pumps, filters, heaters)
  • Water treatment/filtration
  • Commercial water solutions

Customers

  • Pool builders/dealers
  • Residential/commercial water treatment customers

Where it sits in the supply chain

  • Industrial machinery / water technology
  • Water treatment & pool equipment…
  • Distribution to residential/commercial…

What could go right

  • Pool installation/renovation demand
  • Water treatment/filtration regulation driving upgrades

What could go wrong

  • Housing/discretionary pool-spending cyclicality
  • Raw material cost inflation

Moat: narrow (brand, distribution, installed base). Leading pool-equipment brand and dealer network drives recurring replacement/aftermarket demand.

Headquarters: Golden Valley, Minnesota, US · Founded: 1966 · Employees: 9,000

Named competitors

Pentair at a glance

Size Pentair (PNR) is a United States Industrials company (Industrial Machinery) with a market value of $10.9B, the 741st largest of 3,117 United States companies the cockpit tracks. Shares closed at $68.12 on 6 Nov 2026.

Performance Over six months the shares fell 11.3%, against -13.3% for the median peer and -1.1% for the United States market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 3.9% over the last twelve months (peer median +8.3%); the operating margin is 21.8% (peer median 15.3%).

Valuation It trades at 13.2× forward earnings against a peer median of 23.0× (cheapest of 21).

Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +0 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 3.3 points above its cost of capital (9.3% WACC).

Credit Pentair has 2 bonds outstanding ($800M), rated BBB- by the agencies and trading like BBB- at a weighted spread of 105 bp.

Short interest Short interest is 4.6% of the free float (15 Oct 2026).

Next results Next results expected around 2 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026PNR 90Peer median 86
Six months, rebased to 100: Pentair against the median of its 20 peers (local-currency closes).

Pentair financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$3.97B$4.18B$4.08B$4.10B$4.12B
Revenue growth—+2%-1%0%—
Gross profit$1.64B$1.69B$1.61B$1.53B$1.36B
EBITDA$988M$1.09B$1.01B$905M$785M
Net income$612M$654M$625M$623M$481M
Free cash flow$647M$746M$692M$543M$278M
Capital expenditure$77.9M$68.8M$74.4M$76.0M$85.2M
Total debt$1.64B$1.77B$1.77B$2.09B$2.40B

Quarterly statements and history in the cockpit →

Pentair competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-40%-20%0%+20%GGG6383BEANWTSMAIRFLSLIIINDT2050000988G1A6361NIBE-B301377301200LIFCO-B6887296488688082PNR6-month return →1-month return →
Up and to the right = strong over both horizons. Pentair is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%+100%20×40×GGG6383BEANWTSMAIRFLSLIIINDT0009886361NIBE-B3013773012006887296488688082PNRRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Pentair is the large dot.

Capital: growth delivered against growth the price implies

+10%+20%+30%10%20%30%GGG6383BEANWTSMAIRFLSLIIINDT2050G1ANIBE-BLIFCO-BIMIPNRGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Pentair is the large dot.

Pentair competitors and peer comparison

Head to head with its named competitors (PNR vs XYL vs WTS vs HAYW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Pentair PNR$10.9B-11%-4%22%13.2×7.1%
Xylem XYL$22.4B-14%+2%16%17.4×12.1%
Watts Water Technologies WTS$11.6B+17%+17%19%24.6×15.8%
Hayward HAYW$3.38B+11%+8%22%17.9×9.9%

How Pentair compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Pentair against its 20 peers (data as of 6 Nov 2026)
MeasurePNRPeer medianRank in peer set
1-month return+30.2%-8.0%highest of 21
6-month return-11.3%-13.3%10th highest of 21
Distance from 52-week high-37.7%-41.9%10th highest of 21
Revenue growth (TTM)-3.9%+8.3%2nd lowest of 21
Operating margin21.8%15.3%3rd highest of 21
Forward P/E13.2×23.0×cheapest of 21
Growth the price implies (Req g, 7 yrs)7.1%14.3%3rd least demanding of 14
Growth delivered (Del g)+6.7%+8.5%5th lowest of 14
Hurdle (Req g minus delivered)+0.4 pp+4.7 pp4th least demanding of 14
ROIC minus cost of capital+3.3 pp+4.0 pp11th highest of 21
EV / EBITDA12.6×15.3×5th cheapest of 14
Net debt / EBITDA1.6×1.1×5th most indebted of 14
Bond spread105 bpn/a—

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Pentair PNRUnited States$10.9B-11%-4%22%13.2×7.1%+6.7%
Graco GGGUnited States$10.9B-13%+5%27%20.0×8.1%+6.3%
Daifuku 6383.TJapan$10.9B-33%+21%15%18.9×14.7%+8.3%
BELIMO BEAN.SWSwitzerland$11.0B+1%+20%21%37.2×12.5%+11.1%
Watts Water Technologies WTSUnited States$11.6B+17%+17%19%24.6×15.8%+10.1%
Madison Air Solutions MAIRUnited States$11.6B-45%+27%17%20.6×31.9%+27.3%
Flowserve FLSUnited States$10.2B+13%0%14%17.8×15.0%+4.9%
Lennox International LIIUnited States$11.7B-34%+2%19%15.3×5.0%+7.4%
Indutrade INDT.STSweden$9.94B+39%+6%12%28.6×18.4%+10.9%
Zhejiang Sanhua Intelligent Controls 2050.HKHong Kong$11.9B-38%+8%15%18.4×8.7%+19.9%
Huagong Tech 000988.SZChina$9.54B-47%+16%7%30.9×n/an/a
GEA Group Aktiengesellschaft G1A.DEGermany$12.6B+25%+4%12%21.0×5.8%+3.5%
Ebara 6361.TJapan$9.28B-40%+9%11%14.5×n/an/a
NIBE Industrier NIBE-B.STSweden$9.25B+7%+2%10%27.3×13.5%+8.5%
Guangdong Dtech Technology 301377.SZChina$9.23B-18%+119%36%50.9×n/an/a
Shenzhen Han's CNC Technology 301200.SZChina$9.08B-25%+98%21%32.1×n/an/a
Lifco LIFCO-B.STSweden$13.1B+1%+7%19%29.3×15.2%+15.4%
Beijing E-Town Semiconductor Technology 688729.SSChina$8.94B-14%+10%12%52.3×n/an/a
IMI IMI.LUnited Kingdom$8.81B+3%+8%21%19.9×14.3%+4.8%
GlobalWafers 6488.TWOTaiwan$8.15B-23%-6%11%21.4×n/an/a
ACM Research (Shanghai) 688082.SSChina$14.6B+30%+9%15%54.1×n/an/a

Pentair bonds and credit

Pentair has 2 bonds outstanding with $800M face value. The agencies rate it BBB-; its bonds trade like BBB-. Weighted yield 5.67%, a spread of 105 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Who are Pentair's main competitors?
Named competitors: Xylem (XYL), Watts Water Technologies (WTS), Hayward Holdings (HAYW). The cockpit's measured peer set (industry) also includes Graco (GGG), Daifuku (6383.T), BELIMO (BEAN.SW), Watts Water Technologies (WTS), Madison Air Solutions (MAIR), Flowserve (FLS).
Is Pentair expensive compared with its peers?
On forward p/e it trades at 13.2× against a peer median of 23.0×, cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +0 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Pentair stock performed?
Over six months to 6 Nov 2026 the shares returned -11.3% against -13.3% for the median peer; over one year -36.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.