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Pentair PNR Corporate Segment — CapEx

Discontinued — last reported Q4 '23

Other segment segments

Pool
$7.4M+15.6%
Water Solutions
$4.8M+29.7%
Flow
$2.8M-3.4%

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LIICorporate Segment and Other Operating Segment — Payments to Acquire Property, Plant, and Equipment
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PKGCorporate And Other — Segment Expenditure Addition To Long Lived Assets
$400K-97.5%

Other financials

Income statement

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Revenue$1.0B+2.6%
Gross profit$433.4M+7.5%
Operating income$210.0M+3.4%
Net income$172.4M+11.3%
EPS (diluted)$1.05+12.9%

Balance sheet

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Cash & equivalents$67.7M-51.8%
Total debt$2.7B+36.0%
Total equity$3.8B+4.9%
Total assets$7.1B+4.8%

Cash flow

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Operating cash flow-$67.4M-73.3%
CapEx$18.5M+10.1%
Free cash flow-$85.9M-54.2%

Valuation

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Market cap$12.01B-2.5%
Enterprise value$14.6B+2.6%
P/E17.9×-1.1×
P/S2.9×-0.2×

Profitability

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Gross margin40.9%+1.4pp
Operating margin20.6%+0.3pp
Net margin16%+0.1pp
FCF margin17%-1.7pp

Returns & leverage

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Return on equity18%-0.6pp
Debt / equity0.7×+0.2×
Current ratio1.9×0.0×

Where this comes from

Reported directly by Pentair in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Pentair’s 10-K, filed February 20, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pentair's corporate segment — capex?
Pentair (PNR) reported corporate segment — capex of $4.03M in Q4 2023.
How has Pentair's corporate segment — capex changed year-over-year?
Pentair's corporate segment — capex increased by 109.1% year-over-year, from $1.93M to $4.03M.
What is the long-term trend for Pentair's corporate segment — capex?
Over 2 years (2021 to 2023), Pentair's corporate segment — capex has grown at a 85.1% compound annual growth rate (CAGR), from $4.7M to $16.1M.
What does corporate segment — capex mean?
Capital spending dedicated to corporate-level infrastructure and administrative assets.
How do you interpret corporate segment — capex?
Higher spending often signals investment in enterprise-wide digital transformation or facility upgrades, while lower spending suggests a focus on cost containment.
How does corporate segment — capex compare across companies?
Typically represents a small fraction of total company capital expenditures compared to operational segments.