• Pentair average current ratio for 2024 was 1.69, a 5.62% increase from 2023.
• Pentair average current ratio for 2023 was 1.6, a 10.34% increase from 2022.
• Pentair average current ratio for 2022 was 1.45, a 13.28% increase from 2021.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.