Want to see PNR full AI Analyst Report?
Core Growth by Segment
Measures underlying sales growth in each segment after removing the effects of acquisitions and currency moves. Reveals true demand trends so investors can see which businesses are growing organically versus benefiting from one‑time boosts.Core growth shifted from strong, broad-based gains in 2021 to a multi-quarter downturn in 2023 driven by Pool channel weakness; Flow and Water Solutions have remained the healthiest pieces—high ROS and steady core growth—while Pool has been volatile, swinging from deep negatives in 2023 to a temporary rebound and then a sharp Q2 2026 collapse tied to a $170M channel destocking. Management calls the pool hit transitory, reaffirmed FY26 EPS and is leaning on productivity, tariff refunds and the Taco buy to bolster Water Solutions, so watch Q3 sell‑through and deleveraging progress for real evidence of stabilization.
Date | Total | Consumer Solutions | Flow | Water Solutions | Pool |
|---|---|---|---|---|---|
Sep 30, 2026 | -5.50 | 1.00 | 1.20 | -17.80 | |
Jun 30, 2026 | -17.30 | -0.80 | -2.60 | -42.40 | |
Mar 31, 2026 | 1.10 | 2.50 | 0.90 | 0.50 | |
Dec 31, 2025 | 1.90 | 0.80 | -2.60 | 6.50 | |
Sep 30, 2025 | 3.30 | 3.60 | 0.50 | 5.60 | |
Jun 30, 2025 | 1.30 | -1.30 | -3.00 | 7.30 | |
Mar 31, 2025 | -0.80 | -2.90 | -4.30 | 4.20 | |
Dec 31, 2024 | -0.40 | -4.30 | -3.60 | 7.00 | |
Sep 30, 2024 | -1.50 | -7.30 | -3.50 | 8.00 | |
Jun 30, 2024 | 2.20 | -3.10 | -7.00 | 17.90 |