• Pentair average return on assets for 2023 was 8.24, a 21.75% increase from 2022.
• Pentair average return on assets for 2022 was 10.53, a 6.48% decline from 2021.
• Pentair average return on assets for 2021 was 11.26, a 32.78% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.