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Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table


			Pay Versus Performance


Pay Versus Performance Table

As required by item 402(v) of Regulation S-K, we are providing the following information:


(a)	(b)	(c)	(d)	(e)	(f)	(g)	(h)	(i)
Year	Summary Compensation Table Total Compensation for CEO ($)(1)(2)	Compensation Actually Paid to CEO ($)(3)	Average Summary Compensation Table Total Compensation for Other NEOs ($)(1)(2)	Average Compensation Actually Paid to Other NEOs ($)(2)(3)	Value of Initial Fixed $100 Investment based on:		Net Income ($)	Company-Wide Adjusted Operating Income ($)(6)
					Total Shareholder Return ($)(4)	Peer Group Total Shareholder Return ($)(5)
2024	10,769,964	22,763,473	2,784,507	5,431,476	236.25	207.55	625,400,000	959,200,000
2023	10,008,469	17,893,209	2,722,854	4,497,393	168.75	165.61	622,700,000	855,100,000
2022	7,783,265	(1,944,891)	2,053,323	206,764	102.80	126.96	480,900,000	767,700,000
2021	9,429,546	22,765,163	2,756,991	5,517,160	164.15	157.53	553,000,000	685,900,000
2020	9,342,044	8,880,349	2,293,390	1,901,314	117.89	123.17	358,600,000	517,600,000

(1)The amounts shown in columns (b) and (d) reflect “Total Compensation” from the Summary Compensation Table (“SCT”) for each year shown. See the SCT and the notes thereto for the compensation elements included in Total Compensation for each year.

(2)For 2024, the CEO was John Stauch and the Other NEOs were Robert Fishman, Executive Vice President, Chief Financial Officer and Chief Accounting Officer; Jerome Pedretti, Executive Vice President & CEO, Pool; De’Mon Wiggins, Executive Vice President and President, Flow; and Karla Robertson, Executive Vice President, Chief Sustainability Officer, General Counsel and Secretary.

For 2023, the CEO was John Stauch and the Other NEOs were Robert Fishman, Executive Vice President, Chief Financial Officer and Chief Accounting Officer; Tanya Hooper, Executive Vice President and Chief Human Resources Officer; Jerome Pedretti, Executive Vice President & CEO, Pool; and Adrian Chiu, Executive Vice President and President, Water Solutions.

For 2022, the CEO was John Stauch and the Other NEOs were Robert Fishman, Executive Vice President, Chief Financial Officer and Chief Accounting Officer; Karla Robertson, Executive Vice President, Chief Sustainability Officer, General Counsel and Secretary; Jerome Pedretti, previously Executive Vice President & President, IFT; Steve Pilla, Executive Vice President, Chief Supply Chain Officer and Chief Transformation Officer; and Mario D’Ovidio, former Executive Vice President & President, Consumer Solutions.

For 2021, the CEO was John Stauch and the Other NEOs were Robert Fishman, Executive Vice President, Chief Financial Officer and Chief Accounting Officer; Karla Robertson, Executive Vice President, Chief Sustainability Officer, General Counsel and Secretary; Jerome Pedretti, previously Executive Vice President & President IFT; and Mario D’Ovidio, former Executive Vice President & President, Consumer Solutions.

For 2020, the CEO was John Stauch and the Other NEOs were Robert Fishman, Executive Vice President, Chief Financial Officer and Chief Accounting Officer; Karla Robertson, Executive Vice President, Chief Sustainability Officer, General Counsel and Secretary; Mario D’Ovidio, former Executive Vice President & President, Consumer Solutions; Mark Borin, former Executive Vice President, Chief Financial Officer; John Jacko, former Executive Vice President, Chief Growth Officer; and Karl Frykman, former Executive Vice President, Chief Operating Officer.

(3)To calculate Compensation Actually Paid, adjustments were made to the “Total Compensation” reported in the SCT for the change in pension value and the value of equity awards, as follows:

2024 Adjustments


Adjustments	CEO ($)	Average of Other NEOs ($)
Total Compensation from SCT	10,769,964	2,784,507
Adjustments for defined benefit and actuarial pension plans(a):	(826,867)	—
Less, aggregate change in the actuarial present value of accumulated benefits under all defined benefit and pension plans reported in the SCT	1,246,840	—
Plus, service cost	419,973	—

Adjustments for stock and option awards:	12,820,376	2,646,969
Less, value of “Stock Awards” and “Option Awards” reported in SCT	6,499,977	1,374,975
Plus, year-end fair value of outstanding and unvested equity awards granted in fiscal year 2024	12,432,241	2,629,872
Plus, the difference between the fair value of equity awards from the end of fiscal year 2023 to the end of fiscal year 2024 for awards granted in any prior fiscal year that are outstanding and unvested at year-end	5,395,327	1,112,532
Plus, the change in fair value from the end of fiscal year 2023 to the vesting date for equity awards granted in any prior fiscal year for which all applicable vesting conditions were satisfied during fiscal year 2024	1,492,785	279,540



Compensation Actually Paid (as calculated) (b) (c)	22,763,473	5,431,476

(a)For 2024, none of the Other NEOs participated in a pension plan.

(b)Compensation actually paid is calculated in accordance with the SEC methodology.

(c)Fair value of equity awards is computed in accordance with ASC 718. Assumptions used in the calculation of these amounts are included in note 13 to our audited financial statements for the year ended December 31, 2024 included in our Annual Report on Form 10-K filed with the SEC on February 25, 2025 and are adjusted for factors such as expected payout on performance share units and expected life for stock options as of the respective measurement dates.

(4)The table shows the cumulative total shareholder returns on our ordinary shares, assuming an investment of $100 on December 31, 2019, and the reinvestment of all dividends since that date to the last fiscal day of each applicable year.

(5)Based on the size and diversity of our businesses as well as our market capitalization, we consider the S&P 500 Industrials Index to be our peer group. The S&P 500 Industrials Index is one of the industry indexes used in our performance graph in our Form 10-K.

(6)Our company selected metric is company-wide adjusted operating income. Refer to Appendix A for GAAP to Non GAAP Reconciliation.

Company Selected Measure Name

Company-WideAdjusted OperatingIncome($)(6)

Peer Group Issuers, Footnote

The table shows the cumulative total shareholder returns on our ordinary shares, assuming an investment of $100 on December 31, 2019, and the reinvestment of all dividends since that date to the last fiscal day of each applicable year.

PEO Total Compensation Amount

$ 10,769,964

$ 10,008,469

$ 7,783,265

$ 9,429,546

$ 9,342,044

PEO Actually Paid Compensation Amount

22,763,473

17,893,209

(1,944,891)

22,765,163

8,880,349

Non-PEO NEO Average Total Compensation Amount

2,784,507

2,722,854

2,053,323

2,756,991

2,293,390

Non-PEO NEO Average Compensation Actually Paid Amount

$ 5,431,476

4,497,393

206,764

5,517,160

1,901,314

Compensation Actually Paid vs. Total Shareholder Return

Pay Versus TSR 2020-2024

CAP to CEO

Avg CAP to Other NEOs

PNR TSR

Peer TSR

As reflected in the tables above, we believe the Compensation Actually Paid to our NEOs has a high degree of correlation to our Company’s performance.

Compensation Actually Paid vs. Company Selected Measure

Pay Versus Net Income & Adjusted Operating Income 2020-2024

CAP to CEO

Avg CAP to Other NEOs

Net Income

Adjusted Operating Income

Tabular List, Table

The four measures listed below represent the most important measures used to link compensation actually paid to the NEOs, for fiscal year 2024, with our performance, as further described in the CD&A.


Most Important Measures for Linking Pay and Performance
Measure 1 -			Company-Wide Adjusted Operating Income
Measure 2 -			Adjusted EPS
Measure 3 -			ROIC
Measure 4 -			Total Shareholder Return (“TSR”)

While not a metric used in our short and long-term plans, we are including TSR. A sizable amount of the variability of compensation actually paid depends on the value of equity awards, which is based on the Company’s stock price.

Total Shareholder Return Amount

$ 236.25

168.75

102.80

164.15

117.89

Peer Group Total Shareholder Return Amount

207.55

165.61

126.96

157.53

123.17

Net Income (Loss)

$ 625,400,000

$ 622,700,000

$ 480,900,000

$ 553,000,000

$ 358,600,000

Company Selected Measure Amount

959,200,000

855,100,000

767,700,000

685,900,000

517,600,000

PEO Name

John Stauch

Adjustment to PEO and Non-PEO NEO Compensation, Footnote

To calculate Compensation Actually Paid, adjustments were made to the “Total Compensation” reported in the SCT for the change in pension value and the value of equity awards, as follows:

2024 Adjustments


Adjustments	CEO ($)	Average of Other NEOs ($)
Total Compensation from SCT	10,769,964	2,784,507
Adjustments for defined benefit and actuarial pension plans(a):	(826,867)	—
Less, aggregate change in the actuarial present value of accumulated benefits under all defined benefit and pension plans reported in the SCT	1,246,840	—
Plus, service cost	419,973	—

Adjustments for stock and option awards:	12,820,376	2,646,969
Less, value of “Stock Awards” and “Option Awards” reported in SCT	6,499,977	1,374,975
Plus, year-end fair value of outstanding and unvested equity awards granted in fiscal year 2024	12,432,241	2,629,872
Plus, the difference between the fair value of equity awards from the end of fiscal year 2023 to the end of fiscal year 2024 for awards granted in any prior fiscal year that are outstanding and unvested at year-end	5,395,327	1,112,532
Plus, the change in fair value from the end of fiscal year 2023 to the vesting date for equity awards granted in any prior fiscal year for which all applicable vesting conditions were satisfied during fiscal year 2024	1,492,785	279,540



Compensation Actually Paid (as calculated) (b) (c)	22,763,473	5,431,476