Pentair plc (PNR): History, Ownership, Mission, How It Works & Makes Money

Ever wondered how a company born from high-altitude balloons evolved into a global leader in water treatment and sustainable solutions? Join us as we dive into the fascinating story of Pentair plc (PNR), a company with a rich history and a clear mission to improve our world through smart, sustainable water solutions. With $4.08 billion in revenue in 2024 and a commitment to helping the world sustainably move, improve, and enjoy water, it's worth exploring how Pentair operates and generates revenue in today's market.

Pentair plc (PNR) History

Company's Founding Timeline

Year established

The company was established in 1966.

Original location

The company was founded in Arden Hills, Minnesota.

Founding team members

The company was founded by Murray J. Harpole, Gary B. Hendrickson, Richard A. McCombs, Walter F. Peterson, and Armand C. Erpf Jr.

Initial capital/funding

The initial capital for Pentair was $1 million raised by the founders.

Company's Evolution Milestones

Company's Transformative Moments

• Strategic Shift to Water Solutions: A pivotal moment was the decision to focus primarily on water-related businesses. This transformation involved divesting from other sectors and strategically acquiring companies that enhanced its water treatment and delivery capabilities.
• Mergers and Acquisitions: Key acquisitions, such as the merger with Tyco Flow Control in 2012, significantly broadened the company's portfolio and global reach in the water industry. These strategic moves allowed for greater innovation and service offerings.
• Divestitures for Focus: The separation of nVent in 2018 marked a clear commitment to the water business. This allowed the company to streamline its operations and invest more heavily in water technology and sustainable solutions.

To gain further insights into the guiding principles that steer the company, explore Mission Statement, Vision, & Core Values of Pentair plc (PNR).

Pentair plc (PNR) Ownership Structure

Pentair plc exhibits a dispersed ownership structure, characterized by a mix of institutional, mutual fund, and retail investors. This widespread ownership suggests that no single entity exerts absolute control over the company. For a deeper dive, check out: Exploring Pentair plc (PNR) Investor Profile: Who’s Buying and Why?

Pentair's Current Status

Pentair plc is a publicly traded company, listed on the New York Stock Exchange (NYSE) under the ticker symbol PNR. This means that its shares are available for purchase by the general public, and the company is subject to the regulations and reporting requirements of the U.S. Securities and Exchange Commission (SEC).

Pentair's Ownership Breakdown

As of April 2025, the ownership of Pentair plc is distributed among various types of shareholders. The following table provides an overview of the ownership breakdown:

Pentair's Leadership

Pentair's leadership team is responsible for setting the strategic direction of the company and overseeing its operations. Key members of the leadership team include:

• John L. Stauch: Chairman of the Board
• Jerome B. Pederson: Executive Vice President and Chief Financial Officer
• DeAnna T. Stoddard: Executive Vice President, General Counsel and Secretary
• Robert P. Badagliacca: Executive Vice President and Chief Human Resources Officer

These individuals, along with other members of the executive team, guide Pentair in its mission to provide smart, sustainable water solutions.

Pentair plc (PNR) Mission and Values

Pentair's mission is to deliver smart, sustainable solutions that empower customers to optimize their water resources, while its values emphasize integrity, respect, responsibility, innovation, and customer centricity.

Pentair's Core Purpose

Official mission statement

Pentair's official mission statement is: 'We deliver smart, sustainable solutions that empower our customers to optimize their water resources.' Mission Statement, Vision, & Core Values of Pentair plc (PNR).

• This encapsulates the company's commitment to providing innovative and environmentally conscious products and services.
• The focus is on enabling customers to efficiently manage and utilize water, a critical resource.

Vision statement

Pentair's vision is to be a leading provider of smart, sustainable water solutions for homes, businesses, and industries.

• This outlines the company's aspiration to be a key player in the water solutions market.
• It highlights the importance of sustainability and smart technology in their offerings.

Company slogan/tagline

Pentair's tagline is 'Sustainable Solutions. Smarter Living.'

• This concise phrase encapsulates Pentair's commitment to environmental responsibility and improving quality of life through its products and services.
• It reinforces the dual focus on sustainability and innovation that defines the company's approach.

Pentair plc (PNR) How It Works

Pentair operates by providing water treatment and sustainable solutions, offering a range of products and services designed to solve global water challenges. They engineer and manufacture products used in various applications, focusing on residential and commercial water, industrial water, and aquaculture.

Pentair's Product/Service Portfolio

Pentair's Operational Framework

Pentair's operations are structured around designing, manufacturing, and marketing a diverse portfolio of water solutions. Their business model integrates innovation, quality, and sustainability to create value for customers and shareholders.

• Product Development: Pentair invests in research and development to create innovative products that address evolving customer needs and sustainability goals.
• Manufacturing: The company operates global manufacturing facilities, emphasizing efficient production processes and quality control.
• Distribution and Sales: Pentair utilizes a multi-channel approach, including direct sales, distributors, and retailers, to reach a broad customer base.
• Service and Support: They provide comprehensive service and support to ensure customer satisfaction and long-term product performance.

Pentair's Strategic Advantages

Pentair's success is driven by several strategic advantages that set it apart in the competitive water solutions market.

• Diverse Product Portfolio: A wide range of products and services allows Pentair to cater to various customer needs and market segments.
• Innovation and Technology: Continuous investment in R&D ensures that Pentair remains at the forefront of technological advancements in water treatment and sustainable solutions.
• Global Presence: With operations in numerous countries, Pentair can serve customers worldwide, adapting to local market conditions and regulatory requirements.
• Sustainability Focus: Pentair's commitment to sustainability resonates with environmentally conscious customers and drives the development of eco-friendly products.
• Strong Brand Reputation: Decades of experience and a focus on quality have built a strong brand reputation, fostering customer trust and loyalty.

For further insights into Pentair's financial performance, you might find this resource helpful: Breaking Down Pentair plc (PNR) Financial Health: Key Insights for Investors

Pentair plc (PNR) How It Makes Money

Pentair generates revenue by designing, manufacturing, and servicing a wide range of products and solutions focused on water and fluid management. These products are used in various applications, including residential and commercial water treatment, industrial processes, and aquaculture.

Pentair's Revenue Breakdown

Here's a look at how Pentair's revenue is broken down:

Pentair's Business Economics

Pentair's business economics are influenced by several factors:

• Pricing Strategies: Pentair employs various pricing strategies depending on the product and market. These strategies likely include value-based pricing for innovative products, competitive pricing in mature markets, and cost-plus pricing for customized solutions.
• Economic Fundamentals: The demand for Pentair's products is driven by factors such as population growth, urbanization, increasing awareness of water quality, and the need for efficient water management in industrial and agricultural sectors. Economic cycles also play a role, with new construction and industrial expansion driving demand for Pentair's products.
• Cost Structure: Pentair's cost structure includes the cost of raw materials (e.g., metals, plastics, electronics), manufacturing costs, distribution expenses, research and development (R&D) costs, and selling, general, and administrative (SG&A) expenses. Efficiency in managing these costs is crucial for maintaining profitability.

Pentair's Financial Performance

Here are some key points regarding Pentair's recent financial performance:

• In the fiscal year 2024, Pentair reported sales of $4.2 billion.
• The company's operating cash flow reached $739 million, and free cash flow was $664 million.
• Pentair's reported net income was $422 million, with an adjusted net income of $509 million.
• Diluted earnings per share (EPS) were reported at $2.63, while adjusted EPS reached $3.17.

To gain further insights into Pentair's mission, vision, and core values, explore: Mission Statement, Vision, & Core Values of Pentair plc (PNR).

Pentair plc (PNR) Market Position & Future Outlook

The company holds a strong position in the water treatment and flow solutions market, driven by its diverse product portfolio and global presence; looking ahead, it's focused on capitalizing on increasing demand for sustainable water solutions and expanding its presence in emerging markets.

Competitive Landscape

Opportunities & Challenges

Industry Position

The company maintains a solid standing within the industry, characterized by:

• A diversified portfolio of products and solutions catering to various water-related needs.
• A focus on innovation and technological advancements in water treatment.
• Commitment to sustainability and responsible water management practices.

For more information, check out Mission Statement, Vision, & Core Values of Pentair plc (PNR).