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Pentair (PNR) Risk Factor Changes

Latest 10-K compared with the year before

Pentair Risk Factor Changes

Latest 10-K compared with the year before. 34 changes found.

RewrittenIt is possible that in the future, whether as a…

It is possible that in the future, whether as a result of a change in law, the practice of any relevant tax authority or as a result of any change in the conduct of our affairs, we could become, or be regarded as havi…

RewrittenWe are currently, and may in the future become, subject…

We are currently, and may in the future become, subject to litigation and other claims.

RewrittenWe rely upon information technology systems and networks in connection…

We rely upon information technology systems and networks in connection with a variety of business activities, some of which are managed by third parties.

Rewrittenmethane, and other greenhouse gases (“GHGs”) present a danger to…

methane, and other greenhouse gases (“GHGs”) present a danger to public health and the environment because emissions of such gases are, according to the EPA, contributing to the warming of the earth’s atmosphere and o…

RewrittenOur subsidiaries, along with numerous other companies, are named as…

Our subsidiaries, along with numerous other companies, are named as defendants in a substantial number of lawsuits based on alleged exposure to asbestos-containing materials, substantially all of which relate to our d…

RewrittenWe are subject to U.S. federal, state, local and non-U.S.…

We are subject to U.S.

RewrittenThe U.S. Foreign Corrupt Practices Act (“FCPA”), U.K. Bribery Act,…

The U.S.

RewrittenUnfavorable changes in the ratings that rating agencies assign to…

Unfavorable changes in the ratings that rating agencies assign to our debt may ultimately negatively impact our access to the debt capital markets and increase the costs we incur to borrow funds.

RewrittenAs of December 31, 2025, we had $1,652.7 million of…

As of December 31, 2025, we had $1,652.7 million of total debt outstanding on a consolidated basis.

Rewrittenand availability of insurance in the future, which could have…

and availability of insurance in the future, which could have a material adverse effect on our business, financial condition, results of operations and cash flows.

RewrittenWe test goodwill and other indefinite-lived intangible assets for impairment…

We test goodwill and other indefinite-lived intangible assets for impairment on at least an annual basis, and more frequently if circumstances warrant.

RewrittenAs a result of changes to U.S. or foreign government…

As a result of changes to U.S.

RewrittenOur success depends in part on our ability to anticipate…

Our success depends in part on our ability to anticipate and effectively manage these and other risks.

RewrittenDuring 2025, we executed certain business restructuring initiatives aimed at…

During 2025, we executed certain business restructuring initiatives aimed at reducing our fixed cost structure and realigning our business.

Rewrittencontinue to pursue, both within and outside the U.S. We…

continue to pursue, both within and outside the U.S.

RewrittenWe operate in global markets that are characterized by customer…

We operate in global markets that are characterized by customer demand that is often global in scope but localized in delivery.

Removedtaxation in multiple jurisdictions. If, for example, we were considered…

taxation in multiple jurisdictions.

RemovedWe are currently, and may in the future become, subject…

We are currently, and may in the future become, subject to litigation and other claims.

RemovedOur subsidiaries, along with numerous other companies, are named as…

Our subsidiaries, along with numerous other companies, are named as defendants in a substantial number of lawsuits based on alleged exposure to asbestos-containing materials, substantially all of which relate to our d…

RemovedThe U.S. Foreign Corrupt Practices Act (“FCPA”), U.K. Bribery Act,…

The U.S.

Addedvarious laws and regulations regarding consumer protection and advertising and…

various laws and regulations regarding consumer protection and advertising and sales practices, and we have been named, and may be named in the future, as a defendant in litigation, including class action complaints,…

AddedOur workforce may use artificial intelligence tools or technology, which…

Our workforce may use artificial intelligence tools or technology, which may result in the exposure of our confidential or proprietary information to unauthorized third parties and the misuse of our intellectual prope…

AddedThe use by our employees of artificial intelligence tools or…

The use by our employees of artificial intelligence tools or technology can adversely impact our business by posing risks to our confidential or proprietary information and could give rise to legal actions or reputati…

AddedWe are incorporating artificial intelligence solutions into our products, services…

We are incorporating artificial intelligence solutions into our products, services and features, and we are leveraging artificial intelligence, including generative artificial intelligence and machine learning, in our…

AddedWe may use artificial intelligence in our business and in…

We may use artificial intelligence in our business and in our products, and challenges with properly managing its use could result in reputational harm, competitive harm, and legal liability, and adversely affect our…

Addedsuch cybersecurity incidents could result in litigation, reputational impacts, regulatory…

such cybersecurity incidents could result in litigation, reputational impacts, regulatory action and potential liability and additional costs and operational consequences of implementing further data protection measures.

AddedClimate change continues to receive attention worldwide. Many scientists, legislators…

Climate change continues to receive attention worldwide.

Addedalso could require significant operating or capital expenditures or result…

also could require significant operating or capital expenditures or result in significant operational restrictions.

Addedinterest rates if the ratings for our debt are downgraded.…

interest rates if the ratings for our debt are downgraded.

Addedacquisitions. Our level of indebtedness and any future increases in…

acquisitions.

AddedVolatility in currency exchange rates and failure to effectively hedge…

Volatility in currency exchange rates and failure to effectively hedge our exposure to fluctuations could have a material adverse effect on our financial condition, results of operations and cash flows.

Addeddepends in part on our capacity to meet customer demand…

depends in part on our capacity to meet customer demand and ensure that products and services are delivered to the customer on time.

AddedProduct and service quality issues could harm customer confidence in…

Product and service quality issues could harm customer confidence in our company and our brands.

AddedFailure to achieve and maintain a high level of product…

Failure to achieve and maintain a high level of product and service quality and on-time delivery could damage our reputation with customers and negatively impact our results.

Full wording for every change is in Pro.

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