From The Motley Fool · Motley Fool Transcribing · · 2m
Pentair Q3 2026 Earnings Report
Pentair reports Q3 2026 earnings with $976 million sales and $1.18 adjusted EPS, exceeding guidance while completing Taco Group acquisition.
In brief
Pentair reports Q3 2026 earnings with $976 million sales and $1.18 adjusted EPS, exceeding guidance while completing Taco Group acquisition. Pentair's Q3 2026 earnings showed $976 million sales and $1.18 adjusted EPS, exceeding guidance with Taco Group acquisition completed. Originally reported by The Motley Fool.
Q3 2026 Results
Net sales reached $976 million, down 4% on reported basis and 5% on core basis versus prior year.
Adjusted EPS
Adjusted EPS of $1.18 exceeded guidance range of $1.05 to $1.08 but down 5% from $1.24 in previous year.
Pool Segment
Pool segment sales declined 18% due to channel inventory destocking program completion.
Pool Sell-Through
Pool sell-through projected at $1.45 billion for 2026, representing 2% to 3% growth versus 2025.
Taco Acquisition
Taco Group Holdings acquisition funded with $1.4 billion debt at 5.25% interest rate.
Taco Performance
Taco Group Holdings estimated 2026 sales of $560 million, representing 23% growth from 2025.
Taco EBITDA
Taco EBITDA guidance for 2026 estimated at $90 million, expected to exceed $105 million in 2027.
Flow Segment
Flow segment sales increased 4% driven by Hydra-Stop acquisition and portfolio growth.
Water Solutions
Water Solutions sales rose 1% with commercial growth offsetting residential headwinds.
Free Cash Flow
Free cash flow reached $153 million for Q3 and $620 million for first nine months.
Net Debt Leverage
Net debt leverage at 1.4x with pro forma calculation of 2.5x after Taco acquisition.
Tariff Refunds
Received $8 million in tariff refunds under IEEPA, totaling $43 million year-to-date.
Productivity Savings
Delivered $15 million in productivity savings for the quarter, targeting $55 million full-year.
Dividend Growth
8% quarterly dividend increase to $0.27 per share, marking 50th consecutive year of increases.
Full Year 2026 Guidance
Full year 2026 sales guidance down 3% on reported basis, adjusted EPS guidance of $4.70.
Q4 2026 Guidance
Q4 2026 sales guidance up 7% to 9% on reported basis with core sales down 2% to 3%.
The essence
Pentair's Q3 2026 earnings showed $976 million sales and $1.18 adjusted EPS, exceeding guidance with Taco Group acquisition completed.
