What does technical solutions — goodwill changes mean?

Non-acquisition related changes to the goodwill balance of the Technical Solutions segment.

How do you interpret technical solutions — goodwill changes?

Significant fluctuations may indicate currency volatility or internal restructuring rather than operational performance changes.

How does technical solutions — goodwill changes compare across companies?

Comparable to 'other' adjustments in segment goodwill reconciliations for multinational corporations.

Pentair PNR Technical Solutions — Goodwill Changes

Discontinued — last reported Q4 '16

Similar metrics at other companies

SNXTechnology Solutions — Goodwill Changes

-$1.8M—

SNXTechnology Solutions — Goodwill Changes

$0—

TBusiness Solutions — Goodwill Changes

$7.75M+444%

HIITechnical Solutions — Goodwill, Purchase Accounting Adjustments

-$13M+62.9%

HIITechnical Solutions — Goodwill, Acquired During Period

$256M+540%

SNXTechnology Solutions — Goodwill Translation Adjustments

$511K+129%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

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:GoodwillOtherIncreaseDecrease.

The official record: Pentair’s 10-K, filed February 21, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does technical solutions — goodwill changes mean?: Non-acquisition related changes to the goodwill balance of the Technical Solutions segment.
How do you interpret technical solutions — goodwill changes?: Significant fluctuations may indicate currency volatility or internal restructuring rather than operational performance changes.
How does technical solutions — goodwill changes compare across companies?: Comparable to 'other' adjustments in segment goodwill reconciliations for multinational corporations.