Q2 2022 Earnings Release slide image

Q2 2022 Earnings Release

Last Twelve Months Adjusted EBITDA Reconciliation In millions Pentair plc and Subsidiaries Reconciliation of Net Income from Continuing Operations to Adjusted EBITDA (Unaudited) Net income from continuing operations Third Quarter Fourth Quarter First Quarter Second Quarter Last Twelve Months 2021 2021 2022 2022 143.7 $ 148.6 $ 118.5 $ 153.0 $ 563.8 Adjustments: Deal-related costs and expenses 2.1 4.1 6.4 1.6 14.2 Restructuring and other 0.1 2.0 2.1 1.1 5.3 Transformation costs 4.0 5.8 5.5 5.2 20.5 Intangible amortization 6.0 6.9 6.6 6.3 25.8 COVID-19 related costs and expenses 0.1 0.2 0.3 Legal accrual adjustments and settlements (5.2) (0.7) 0.5 (5.4) Pension and other post-retirement mark-to-market gain (2.4) (2.4) Inventory step-up 2.3 2.3 Gain on sale of businesses (1.4) (1.4) Russia business exit costs Net interest expense Other expense Provision for income taxes Segment income Adjustments: Depreciation Adjusted EBITDA 5.9 5.9 2.6 1.0 5.7 9.2 18.5 0.4 0.5 0.6 0.5 2.0 22.1 3.1 21.5 28.5 75.2 179.7 $ 166.9 $ 172.1 $ 205.9 $ 724.6 12.8 12.9 $ 192.5 $ 179.8 $ 13.0 185.1 $ 13.5 219.4 $ 52.2 776.8 20 Q2 2022 Earnings Release. 2022 Pentair. All Rights Reserved. PENTAIR
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