Record Profitability and Cash Flow
Pentair achieved record profitability and cash flow for 2024, with a record adjusted operating income of $959 million, up 12%, and record free cash flow of $693 million, up nearly 26% year-over-year.
Triple-Digit Margin Expansion
Pentair posted triple-digit margin expansion across Flow, Water Solutions, and Pool segments, achieving record Return on Sales (ROS) for all three segments.
Dividend Increase
Pentair increased its dividend by approximately 9% for 2025, marking the 49th consecutive year of dividend increases.
Strong Performance in Pool Segment
Pool sales increased 7% for the year, driven by price and volume, with a new annual ROS record of 33.2%.
Positive Impact from Transformation Initiatives
Pentair's Transformation initiatives delivered over $100 million in productivity savings, net of investments, in 2024 and are expected to deliver $80 million in 2025.