Pentair faces 2026 revenue drag as pool demand weakens

Water technology firm, Pentair PLC (NYSE: PNR) faces a tougher 2026, with Visible Alpha consensus showing net sales falling 5.8% year-on-year to $3.9 billion. The downgrade is concentrated in its Consumer Solutions business, particularly Pool, as weaker demand and channel inventory adjustments weigh on the outlook.

Analysts expect Consumer Solutions revenue to decline 9.8% to $2.9 billion, led by a 19.8% contraction in Pool sales to $1.3 billion. Water Solutions’ revenue is expected to edge down 0.2% to $1.6 billion. The pressure comes as Pentair works through a significant pool-channel inventory correction, compounded by weak housing conditions and higher interest rates.

Flow is expected to provide some offset, with revenue forecast to rise 7% to $1.1 billion. The segment serves residential, commercial and industrial markets with pumps, water-treatment and fluid-management systems, giving Pentair some exposure to less discretionary water infrastructure spending.

The revenue weakness is also expected to filter through to earnings. Visible Alpha consensus points to net income falling 7.5% to $753.3 million in 2026, while diluted EPS is forecast to decline to $4.65. The outlook marks a sharp reversal from Pentair’s initial 2026 guidance, which called for sales growth of 3%–4% and adjusted EPS of $5.25–$5.40.

Analysts expect a recovery in 2027, however, as Pentair works to right-size Pool channel inventories ahead of the 2027 season.

This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.