PNR
Pentair plc

Pentair plcPNR

Industrials · Specialty Industrial Machinery
68.12USD
-2.36%
Nov 08, 2026
PNR overview ready
Supplier of advanced water treatment and pumping equipment for infrastructure modernization
Pentair is a diversified water-equipment supplier rather than a pure-play municipal utility contractor.
Primary theme is improving
Water Infrastructure is improving (+15.7pp vs SPY over 21 sessions; 8 of 9 members ahead of SPY).
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of reclaim attempt.
Fair valuation
The price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Exposure to infrastructure spending fluctuations.
Market Nov 6Filing Sep 30Price action Nov 7Research Oct 27

Conviction Level

PriceAction9.1BusinessPerformance2.0BusinessQuality8.3Valuation4.5ThemeMomentum7.0Weakening — Revenue fell 5% year over year in the latest quarter. Diluted EPS fell 19% year over year to $0.91. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+15.7pp
Theme return
+10.7%
Beating SPY
8 of 9
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of reclaim attempt.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$10.9B
Avg Volume (60D)
3.1M
60 sessions
Revenue Growth YoY
+2.3%
FY2025 vs FY2024
Gross Margin
+41.2%
Trailing twelve months
Operating Margin
+19.6%
Trailing twelve months
Free Cash Flow Yield
+4.8%
Distance from 200DMA
-8.7%
P/E
17.8x
EV / Sales
3.1x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Weakening

Revenue fell 5% year over year in the latest quarter. Diluted EPS fell 19% year over year to $0.91.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthDeclining
-4.5%
$976M in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +4.9%
  2. +2.6%
  3. -17%
  4. -4.5%
Earnings growthDeclining
-19%
Diluted EPS $0.91 vs $1.12 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. +2.0%
  2. +13%
  3. -11%
  4. -19%
Operating marginContracting
20.1%
-2.6 pp YoY · gross margin 40.5% (-0.5 pp)

Business Quality

8.3 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads fair.
Pentair plc has a Fair valuation stance because the price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.

Company Research

Thesis
Pentair is a diversified water-equipment supplier rather than a pure-play municipal utility contractor.
Opportunity
Moderate opportunity
Public- and private-sector spending to improve drinking-water quality, wastewater treatment, water reuse, and resilience against contaminants, aging assets, and water scarcity through filtration, separation, pumping, control, and treatment equipment.
Key risk
Exposure to infrastructure spending fluctuations.

Economic classification

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Business & Markets

Industrials · Specialty Industrial Machinery
What they do

Pentair plc designs, manufactures, and sells water treatment, pumping, filtration, and control equipment through three segments: Flow, Water Solutions, and Pool, serving residential, commercial, industrial, and water-treatment markets globally.

How it earns

Pentair generates revenue primarily through transactional sales of water equipment and systems across multiple end markets.

Products & services
Fluid treatment and pump products
Pressure vessels
Membrane bioreactors
Wastewater reuse systems
Advanced membrane filtration
Specialty valves
Water disposal pumps
Pool equipment
Customers & end markets
Residential customers
Commercial customers
Industrial customers
Municipal and water-treatment facilities
Market position

Pentair is a diversified water-equipment supplier with a broad product portfolio, positioned as a leader in specialty industrial water machinery rather than a pure municipal contractor.

Demand drivers
Medium cyclicality

Demand is influenced by infrastructure spending cycles and industrial activity but also supported by ongoing water quality and reuse needs.

Peers

Companies validated as economically comparable to PNR — similar business, revenue model and scale.
PRICE ACTIONVALUATIONTHEME
Xylem Inc.Damaged Structure — Distribution PressureFair8.0HighUnavailableNot in RS poolLocked$97.83−2.22%
Zurn Elkay Water Solutions CorporationTrend Under Pressure — Failed ReclaimFair8.0HighUnavailableNot in RS poolLocked$43.47−0.87%
Mueller Water Products, Inc.Established Trend — Reclaim AttemptFair8.0HighUnavailableNot in RS poolLocked$24.05−2.35%
Ingersoll Rand Inc.Early Trend — Daily ReclaimFairNot availableUnavailableNot in RS poolLocked$82.99+1.39%