Pentair plc (PNR) Earnings Call Transcripts
Pentair plc's Latest Earnings Call - Q3 FY2026
Pentair plc reported solid third quarter results for 2026, with sales of $976 million and adjusted EPS of $1.18, exceeding guidance of $1.05 to $1.08. The company reaffirmed its full-year adjusted EPS guidance at approximately $4.70, while total sales are expected to decline by about 3%. Management highlighted the completion of the Pool channel inventory destock and the recent acquisition of Taco Group Holdings, which is expected to enhance growth in 2027.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $976 million (beat) |
| Adjusted EPS | $1.18 (beat) |
| Adjusted Operating Income | $242 million (beat) |
| Free Cash Flow | $153 million (positive) |
| Pool Sales Decline | -18% (negative) |
| Flow Sales Growth | 4% (neutral) |
Guidance from management
Management reaffirmed the midpoint of their previous full-year guidance at approximately $4.70 for adjusted EPS and expects total sales to decline by about 3% for 2026. They anticipate Pool sales to decrease approximately 18% to 19% for the full year.
What management said
Yes, we're going to take IEEPA recoveries and move them off to the side and make them clear for you, ourselves and our customers. And then we have a strong belief that we will offset inflation next year cost with pricing as we've done historically. We won't be able to do that and recover IEEPA twice, right? So we'll make sure that, that clarity is there. But we've had some products running up in inflation, and then ...
Just -- it's Bob Hau. I'd point you to the conversation that John had in his prepared remarks, we've talked about in the past, the 4 pillars for the get well plan for pool around out selling out supporting -- delivering on quality and project excellence. It's supporting our dealers, putting them at the center of everything we do and competing based upon our offering and our service, it's not necessarily a price play.
What analysts pressed on
Analysts expressed concerns regarding the Pool segment's significant sales decline and the potential for market share loss. There were questions about how management plans to recover lost share and the impact of inflation on pricing strategies moving forward.
Main topics on the call
- Strong Q3 Performance — Pentair's sales reached $976 million, with adjusted EPS at $1.18, surpassing guidance expectations. Management noted, "Our Q3 performance was ahead of our expectations and gives us increased confidence in our execution a...
- Completion of Pool Inventory Destock — The company completed its channel inventory destock, positioning the Pool business for growth in 2027. Management stated, "The previously communicated channel inventory reduction has now been completed which we believe p...
- Taco Acquisition — Pentair completed the acquisition of Taco Group Holdings, which is expected to contribute significantly to growth. Management indicated, "We expect the acquisition to be accretive to adjusted EPS in 2027 and to accelerat...
- Guidance for 2026 and 2027 — Management reaffirmed full-year adjusted EPS guidance at approximately $4.70 and indicated that total sales for 2026 are expected to decline by about 3%. They expect Pool sales to decrease approximately 18% to 19% for th...
Read the full Pentair plc transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Pentair plc
Pentair plc (PNR) is a publicly listed company in the Machinery industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 54 calls on record spanning January 28, 2020 to October 27, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 54 Pentair plc earnings call transcripts on record, spanning January 28, 2020 to October 27, 2026. Based on this history, Pentair plc reports quarterly. The most recent call on file is dated October 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- PNR
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Machinery
- Calls on record
- 54
- First call
- January 28, 2020
- Most recent
- October 27, 2026
- Reporting cadence
- quarterly