AI English summary of an SEC filing — figures as filed
Pentair PNRThe company said fourth quarter Q4 2024 sales were $973 million, down 1% compared to the same period last year, and operating income was $195 million with return on sales of 20.1%. Full year sales were $4.1 billion and operating income was $804 million with return on sales of 19.7%.
Key points
AI summaryThe company said fourth quarter Q4 2024 sales were $973 million, down 1% compared to the same period last year, and operating income was $195 million with return on sales of 20.1%. Full year sales were $4.1 billion and operating income was $804 million with return on sales of 19.7%.
On an adjusted basis, the company reported operating income of $231 million for Q4 with return on sales of 23.8%, and $959 million for the full year with return on sales of 23.5%. Adjusted return on sales expanded 370 basis points in Q4 and 270 basis points for the full year compared to the prior year.
The company said full year 2024 net cash provided by operating activities of continuing operations was $767 million and free cash flow from continuing operations was $693 million. During the year, the company repurchased 1.6 million shares for $150 million, and as of December 31, 2024 had $450 million available for share repurchases under its authorization.
The company introduced 2025 GAAP EPS guidance of approximately $4.37 to $4.52 and adjusted EPS guidance of approximately $4.65 to $4.80. It expects full year sales to be approximately flat to up 2% on a reported basis and Q1 sales to be down approximately 3% to 4% compared to the same period last year.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 2024 Sales and Operating Income
The company said fourth quarter Q4 2024 sales were $973 million, down 1% compared to the same period last year, and operating income was $195 million with return on sales of 20.1%. Full year sales were $4.1 billion and operating income was $804 million with return on sales of 19.7%.
Source · Based on the filing body and exhibits
Adjusted Operating Income and Adjusted Return on Sales
On an adjusted basis, the company reported operating income of $231 million for Q4 with return on sales of 23.8%, and $959 million for the full year with return on sales of 23.5%. Adjusted return on sales expanded 370 basis points in Q4 and 270 basis points for the full year compared to the prior year.
Source · Based on the filing body and exhibits
2024 Cash Flow and Shareholder Returns
The company said full year 2024 net cash provided by operating activities of continuing operations was $767 million and free cash flow from continuing operations was $693 million. During the year, the company repurchased 1.6 million shares for $150 million, and as of December 31, 2024 had $450 million available for share repurchases under its authorization.
Source · Based on the filing body and exhibits
2025 EPS and Sales Outlook
The company introduced 2025 GAAP EPS guidance of approximately $4.37 to $4.52 and adjusted EPS guidance of approximately $4.65 to $4.80. It expects full year sales to be approximately flat to up 2% on a reported basis and Q1 sales to be down approximately 3% to 4% compared to the same period last year.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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