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Pentair PNR Developing — Net Sales

Other geography segments

Western Europe
$121.3M-1.0%
Other Developed
$65M+13.6%

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Other financials

Income statement

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Revenue$932.6M-17.0%
Gross profit$395.0M-13.5%
Operating income$166.5M-23.5%
Net income$128.6M-13.4%
EPS (diluted)$0.80-11.1%

Balance sheet

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Cash & equivalents$91.8M-35.8%
Total debt$1.8B+17.6%
Total equity$3.7B+2.1%
Total assets$6.7B+3.6%

Cash flow

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Operating cash flow$571.8M-5.7%
CapEx$18.9M+73.4%
Free cash flow$552.9M-7.2%

Valuation

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Market cap$10.93B-36.0%
Enterprise value$12.61B-31.7%
P/E16.8×-11.3×
P/S2.7×-1.4×

Profitability

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Gross margin41.3%+1.6pp
Operating margin20.3%+0.9pp
Net margin16.2%+1.4pp
FCF margin16.8%-3.6pp

Returns & leverage

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Return on equity17.6%+0.4pp
Debt / equity0.5×+0.1×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Pentair in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Pentair’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:46 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000077360-26-000045
In millionsThree months ended / June 30,2026Three months ended / June 30,2025Six months ended / June 30,2026Six months ended / June 30,2025
U.S.$624.6$807.4$1,355.5$1,532.1
Western Europe121.3122.5251.1245.1
Developing (1)121.7136.0230.2245.2
Other Developed (2)65.057.2132.5111.1
Consolidated net sales$932.6$1,123.1$1,969.3$2,133.5
(1) Developing primarily includes China, Latin America, the Middle East and Southeast Asia.
(2) Other Developed primarily includes Australia and Canada.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pentair's developing — net sales?
Pentair (PNR) reported developing — net sales of $121.7M in Q2 2026.
How has Pentair's developing — net sales changed year-over-year?
Pentair's developing — net sales decreased by 10.5% year-over-year, from $136M to $121.7M.
What is the long-term trend for Pentair's developing — net sales?
Over 4 years (2021 to 2025), Pentair's developing — net sales has grown at a 1.0% compound annual growth rate (CAGR), from $487.1M to $507.8M.
What does developing — net sales mean?
This metric represents the total revenue generated from products and services sold within geographic regions classified as developing markets. It reflects the company's ability to penetrate emerging economies and capture market share in regions with high growth potential. Tracking this figure helps investors assess the geographic diversification of the revenue base and the success of expansion strategies in non-mature markets.

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