What does valves and controls — goodwill acquired mean?

The amount of goodwill recorded on the balance sheet resulting from business acquisitions integrated into the Valves and Controls segment during the reporting period.

How do you interpret valves and controls — goodwill acquired?

An increase signals aggressive inorganic growth and expansion, whereas zero or low values suggest a focus on organic growth or a lack of recent acquisition activity.

How does valves and controls — goodwill acquired compare across companies?

Comparable to goodwill additions reported by diversified industrial companies following M&A activity.

Pentair PNR Valves And Controls — Goodwill Acquired

Discontinued — last reported Q4 '15

Similar metrics at other companies

FLSFlow Control Division — Goodwill Acquired

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MOG.BAircraft Controls — Goodwill, Acquired During Period

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TPRCoach — Goodwill Acquired

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XYLMeasurement and Control Solutions — Goodwill, Acquired During Period

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GPCOffice Products — Goodwill Acquired

$6.4M+188%

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:GoodwillAcquiredDuringPeriod.

The official record: Pentair’s 10-K, filed February 26, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does valves and controls — goodwill acquired mean?: The amount of goodwill recorded on the balance sheet resulting from business acquisitions integrated into the Valves and Controls segment during the reporting period.
How do you interpret valves and controls — goodwill acquired?: An increase signals aggressive inorganic growth and expansion, whereas zero or low values suggest a focus on organic growth or a lack of recent acquisition activity.
How does valves and controls — goodwill acquired compare across companies?: Comparable to goodwill additions reported by diversified industrial companies following M&A activity.