Pentair Income Before Tax vs Other Operating Expenses Analysis

PNR Stock

USD 80.55 0.59 0.74%

Pentair PLC financial indicator trend analysis is much more than just breaking down Pentair PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pentair PLC is a good investment. Please check the relationship between Pentair PLC Income Before Tax and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pentair PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Pentair Stock, please use our How to Invest in Pentair PLC guide.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pentair PLC Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Pentair PLC's Income Before Tax and Other Operating Expenses is 0.49. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Pentair PLC, assuming nothing else is changed. The correlation between historical values of Pentair PLC's Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Pentair PLC are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Pentair PLC's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Pentair PLC income statement and is an important metric when analyzing Pentair PLC profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pentair PLC. It is also known as Pentair PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most indicators from Pentair PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pentair PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pentair PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Pentair Stock, please use our How to Invest in Pentair PLC guide.At this time, Pentair PLC's Selling General Administrative is relatively stable compared to the past year. As of 04/30/2024, Issuance Of Capital Stock is likely to grow to about 12.8 M, while Tax Provision is likely to drop slightly above 55.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.4B	1.5B	994.3M
Total Revenue	3.8B	4.1B	4.1B	3.1B

Gross Profit Total Revenue

Pentair PLC fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Common Stock Total Equity	Other Liab
Total Assets		0.88	0.88	0.96	0.94	0.88	0.87	0.76	0.75	1.0	0.53	0.75	0.93	0.6	0.93	0.86	0.73	0.87	0.96	0.98	-0.02	0.95	0.91	0.59	0.47	0.82
Short Long Term Debt Total	0.88		0.81	0.8	0.67	0.65	1.0	0.68	0.57	0.89	0.63	0.57	0.71	0.5	0.99	0.68	0.69	0.59	0.98	0.82	-0.21	0.88	0.7	0.26	0.15	0.87
Other Current Liab	0.88	0.81		0.93	0.8	0.69	0.79	0.62	0.74	0.88	0.62	0.74	0.76	0.74	0.83	0.74	0.66	0.8	0.87	0.87	-0.11	0.76	0.8	0.46	0.33	0.69
Total Current Liabilities	0.96	0.8	0.93		0.92	0.83	0.78	0.72	0.71	0.95	0.47	0.71	0.92	0.74	0.85	0.87	0.73	0.88	0.9	0.95	0.01	0.85	0.95	0.59	0.44	0.71
Total Stockholder Equity	0.94	0.67	0.8	0.92		0.91	0.64	0.73	0.78	0.93	0.37	0.78	0.94	0.56	0.74	0.88	0.62	0.94	0.8	0.94	0.15	0.87	0.9	0.75	0.65	0.65
Property Plant And Equipment Net	0.88	0.65	0.69	0.83	0.91		0.63	0.54	0.7	0.85	0.21	0.7	0.97	0.36	0.73	0.94	0.6	0.89	0.77	0.94	-0.15	0.85	0.86	0.79	0.74	0.6
Net Debt	0.87	1.0	0.79	0.78	0.64	0.63		0.67	0.54	0.88	0.62	0.54	0.69	0.49	0.99	0.66	0.69	0.56	0.97	0.8	-0.21	0.87	0.68	0.22	0.12	0.87
Retained Earnings	0.76	0.68	0.62	0.72	0.73	0.54	0.67		0.49	0.78	0.45	0.49	0.65	0.48	0.7	0.56	0.74	0.48	0.72	0.69	0.37	0.76	0.64	0.26	0.13	0.62
Cash	0.75	0.57	0.74	0.71	0.78	0.7	0.54	0.49		0.73	0.55	1.0	0.69	0.38	0.61	0.66	0.38	0.78	0.65	0.79	-0.12	0.67	0.61	0.75	0.66	0.51
Non Current Assets Total	1.0	0.89	0.88	0.95	0.93	0.85	0.88	0.78	0.73		0.55	0.73	0.91	0.61	0.94	0.83	0.73	0.85	0.96	0.96	0.03	0.95	0.9	0.55	0.43	0.85
Non Currrent Assets Other	0.53	0.63	0.62	0.47	0.37	0.21	0.62	0.45	0.55	0.55		0.55	0.26	0.32	0.63	0.1	0.34	0.38	0.61	0.47	-0.09	0.41	0.3	0.07	0.01	0.68
Cash And Short Term Investments	0.75	0.57	0.74	0.71	0.78	0.7	0.54	0.49	1.0	0.73	0.55		0.69	0.38	0.61	0.66	0.38	0.78	0.65	0.79	-0.12	0.67	0.61	0.75	0.66	0.51
Net Receivables	0.93	0.71	0.76	0.92	0.94	0.97	0.69	0.65	0.69	0.91	0.26	0.69		0.53	0.78	0.94	0.71	0.9	0.83	0.96	-0.05	0.88	0.95	0.73	0.62	0.65
Common Stock Shares Outstanding	0.6	0.5	0.74	0.74	0.56	0.36	0.49	0.48	0.38	0.61	0.32	0.38	0.53		0.52	0.46	0.68	0.57	0.58	0.54	0.2	0.45	0.69	0.23	0.02	0.44
Non Current Liabilities Total	0.93	0.99	0.83	0.85	0.74	0.73	0.99	0.7	0.61	0.94	0.63	0.61	0.78	0.52		0.72	0.73	0.67	0.99	0.87	-0.18	0.91	0.77	0.34	0.23	0.9
Inventory	0.86	0.68	0.74	0.87	0.88	0.94	0.66	0.56	0.66	0.83	0.1	0.66	0.94	0.46	0.72		0.57	0.84	0.77	0.91	-0.15	0.84	0.86	0.73	0.65	0.5
Other Current Assets	0.73	0.69	0.66	0.73	0.62	0.6	0.69	0.74	0.38	0.73	0.34	0.38	0.71	0.68	0.73	0.57		0.48	0.75	0.7	0.02	0.68	0.71	0.25	0.14	0.63
Other Stockholder Equity	0.87	0.59	0.8	0.88	0.94	0.89	0.56	0.48	0.78	0.85	0.38	0.78	0.9	0.57	0.67	0.84	0.48		0.73	0.9	0.02	0.76	0.88	0.79	0.7	0.59
Total Liab	0.96	0.98	0.87	0.9	0.8	0.77	0.97	0.72	0.65	0.96	0.61	0.65	0.83	0.58	0.99	0.77	0.75	0.73		0.91	-0.15	0.92	0.82	0.4	0.28	0.89
Total Current Assets	0.98	0.82	0.87	0.95	0.94	0.94	0.8	0.69	0.79	0.96	0.47	0.79	0.96	0.54	0.87	0.91	0.7	0.9	0.91		-0.14	0.9	0.91	0.7	0.6	0.72
Short Term Debt	-0.02	-0.21	-0.11	0.01	0.15	-0.15	-0.21	0.37	-0.12	0.03	-0.09	-0.12	-0.05	0.2	-0.18	-0.15	0.02	0.02	-0.15	-0.14		0.05	0.08	-0.17	-0.22	0.02
Intangible Assets	0.95	0.88	0.76	0.85	0.87	0.85	0.87	0.76	0.67	0.95	0.41	0.67	0.88	0.45	0.91	0.84	0.68	0.76	0.92	0.9	0.05		0.83	0.48	0.4	0.84
Accounts Payable	0.91	0.7	0.8	0.95	0.9	0.86	0.68	0.64	0.61	0.9	0.3	0.61	0.95	0.69	0.77	0.86	0.71	0.88	0.82	0.91	0.08	0.83		0.62	0.47	0.68
Common Stock	0.59	0.26	0.46	0.59	0.75	0.79	0.22	0.26	0.75	0.55	0.07	0.75	0.73	0.23	0.34	0.73	0.25	0.79	0.4	0.7	-0.17	0.48	0.62		0.95	0.19
Common Stock Total Equity	0.47	0.15	0.33	0.44	0.65	0.74	0.12	0.13	0.66	0.43	0.01	0.66	0.62	0.02	0.23	0.65	0.14	0.7	0.28	0.6	-0.22	0.4	0.47	0.95		0.1
Other Liab	0.82	0.87	0.69	0.71	0.65	0.6	0.87	0.62	0.51	0.85	0.68	0.51	0.65	0.44	0.9	0.5	0.63	0.59	0.89	0.72	0.02	0.84	0.68	0.19	0.1

Click cells to compare fundamentals

Pentair PLC Account Relationship Matchups

Pentair PLC fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.1B	4.2B	4.8B	6.4B	6.6B	4.3B
Short Long Term Debt Total	1.0B	839.6M	894.1M	2.3B	2.0B	1.2B
Other Current Liab	382.4M	482.8M	609.2M	635M	597.6M	351.2M
Total Current Liabilities	749M	772.5M	1.1B	1.1B	949.6M	694.6M
Total Stockholder Equity	2.0B	2.1B	2.4B	2.7B	3.2B	2.0B
Property Plant And Equipment Net	283.2M	301.2M	310M	344.5M	362M	436.6M
Net Debt	946.6M	757.5M	799.6M	2.2B	1.8B	1.1B
Retained Earnings	401M	631.2M	1.1B	1.4B	1.9B	942.3M
Cash	82.5M	82.1M	94.5M	108.9M	170.3M	178.8M
Non Current Assets Total	3.1B	3.2B	3.4B	4.9B	5.0B	3.1B
Non Currrent Assets Other	196.9M	202.8M	207.1M	171.3M	315.3M	218.3M
Cash And Short Term Investments	82.5M	82.1M	94.5M	108.9M	170.3M	178.8M
Net Receivables	502.9M	367.5M	534.3M	531.5M	561.7M	524.0M
Common Stock Shares Outstanding	170.4M	167.4M	167.5M	165.6M	166.3M	115.5M
Liabilities And Stockholders Equity	4.1B	4.2B	4.8B	6.4B	6.6B	4.3B
Non Current Liabilities Total	1.4B	1.3B	1.3B	2.7B	2.4B	1.6B
Inventory	377.4M	420M	562.9M	790M	677.7M	470.9M
Other Current Assets	99.1M	105.5M	112.3M	128.1M	159.3M	107.3M
Other Stockholder Equity	1.8B	1.7B	1.6B	1.6B	1.6B	1.1B
Total Liab	2.2B	2.1B	2.3B	3.7B	3.3B	2.3B
Total Current Assets	1.1B	975.1M	1.3B	1.6B	1.6B	1.2B
Short Term Debt	19M	22.1M	25.6M	29.3M	26.2M	23.7M
Intangible Assets	339.2M	325.9M	428M	1.1B	1.0B	902.9M
Accounts Payable	325.1M	245.1M	385.7M	355M	278.9M	291.4M
Accumulated Other Comprehensive Income	(226.5M)	(207.3M)	(213.9M)	(239M)	(244.4M)	(256.6M)
Other Liab	346.4M	478.8M	385.9M	306.6M	352.6M	576.7M
Other Assets	119.7M	204M	207.1M	197.3M	226.9M	215.6M
Long Term Debt	1.0B	839.6M	894.1M	2.3B	2.0B	1.7B
Good Will	2.3B	2.4B	2.5B	3.3B	3.3B	3.0B
Property Plant Equipment	283.2M	301.2M	310M	344.5M	396.2M	526.1M
Net Tangible Assets	(643.6M)	2.1B	(510.6M)	2.7B	3.1B	3.3B
Retained Earnings Total Equity	401M	631.2M	1.1B	1.4B	1.3B	1.2B
Capital Surpluse	1.8B	1.7B	1.6B	1.6B	1.4B	2.1B
Deferred Long Term Liab	104.4M	107.4M	89.8M	43.3M	39.0M	37.0M

Pentair PLC Investors Sentiment

The influence of Pentair PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Pentair. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Pentair PLC's public news can be used to forecast risks associated with an investment in Pentair. The trend in average sentiment can be used to explain how an investor holding Pentair can time the market purely based on public headlines and social activities around Pentair PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Pentair PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pentair PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pentair PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pentair PLC.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pentair PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pentair PLC's short interest history, or implied volatility extrapolated from Pentair PLC options trading.

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When determining whether Pentair PLC is a strong investment it is important to analyze Pentair PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pentair PLC's future performance. For an informed investment choice regarding Pentair Stock, refer to the following important reports:

How To Invest In Pentair

Details

Is Pentair Stock a good investment?

Details

What is Pentair PLC's Net Worth?

Details

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pentair PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Pentair Stock, please use our How to Invest in Pentair PLC guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Pentair Stock analysis

When running Pentair PLC's price analysis, check to measure Pentair PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pentair PLC is operating at the current time. Most of Pentair PLC's value examination focuses on studying past and present price action to predict the probability of Pentair PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pentair PLC's price. Additionally, you may evaluate how the addition of Pentair PLC to your portfolios can decrease your overall portfolio volatility.

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Is Pentair PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pentair PLC. If investors know Pentair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pentair PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.015

Dividend Share

0.89

Earnings Share

3.77

Revenue Per Share

24.758

Quarterly Revenue Growth

(0.01)

The market value of Pentair PLC is measured differently than its book value, which is the value of Pentair that is recorded on the company's balance sheet. Investors also form their own opinion of Pentair PLC's value that differs from its market value or its book value, called intrinsic value, which is Pentair PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pentair PLC's market value can be influenced by many factors that don't directly affect Pentair PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Pentair PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pentair PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pentair PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Pentair Income Before Tax vs Other Operating Expenses Analysis

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Income Before Tax

Other Operating Expenses

Pentair PLC fundamental ratios Correlations

Pentair PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pentair PLC fundamental ratios Accounts

Pentair PLC Investors Sentiment

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Pentair Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt
Total Liab	+ 0.99	Non Current Liabilities Total

Common Stock Total Equity	- 0.22	Short Term Debt
Short Term Debt	- 0.21	Net Debt
Short Term Debt	- 0.21	Short Long Term Debt Total
Short Term Debt	- 0.18	Non Current Liabilities Total
Common Stock	- 0.17	Short Term Debt
Short Term Debt	- 0.15	Total Liab