PENTAIR plc Earnings Per Share Disclosure
| Years ended December 31 | |||||||||||
| In millions, except per share data | 2025 | 2024 | 2023 | ||||||||
| Net income | $ | 653.8 | $ | 625.4 | $ | 622.7 | |||||
| Net income from continuing operations | $ | 649.5 | $ | 625.6 | $ | 622.9 | |||||
| Weighted average ordinary shares outstanding | |||||||||||
| Basic | 164.1 | 165.6 | 165.1 | ||||||||
| Dilutive impact of stock options and restricted stock awards | 1.4 | 1.5 | 1.2 | ||||||||
| Diluted | 165.5 | 167.1 | 166.3 | ||||||||
Earnings per ordinary share | |||||||||||
| Basic | |||||||||||
| Continuing operations | $ | 3.96 | $ | 3.78 | $ | 3.77 | |||||
| Discontinued operations | 0.03 | — | — | ||||||||
| Basic earnings per ordinary share | $ | 3.99 | $ | 3.78 | $ | 3.77 | |||||
| Diluted | |||||||||||
| Continuing operations | $ | 3.93 | $ | 3.74 | $ | 3.75 | |||||
| Discontinued operations | 0.03 | — | — | ||||||||
| Diluted earnings per ordinary share | $ | 3.96 | $ | 3.74 | $ | 3.75 | |||||
Anti-dilutive stock options excluded from the calculation of diluted earnings per share | 0.1 | 0.1 | 0.3 | ||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2017 | Feb 27, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.