Q2 2022 Earnings Release
Key Definitions
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Except as otherwise noted all references to 2022 and 2021 represent our results from
continuing operations for the period indicated, presented on an adjusted basis
"Core sales" refers to GAAP revenue from continuing operations excluding (1) the impact
of currency translation and (2) the impact of revenue from acquired businesses
recorded prior to the first anniversary of the acquisition less the amount of sales
attributable to divested product lines not considered discontinued operations
Segment income represents equity income of unconsolidated subsidiaries and
operating income from continuing operations exclusive of non-cash intangible
amortization, certain acquisition related expenses, costs of transformation and
restructuring activities, impairments, and other unusual non-operating items
Return on sales ("ROS") equals segment income divided by sales
See appendix for GAAP to non-GAAP reconciliations
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Q2 2022 Earnings Release. O2022 Pentair. All Rights Reserved.
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