I am modeling a boat moving through water. Because I am not very experienced with Fluent, I simplified the modeling and had the boat stationary with the water having velocity. I am looking at the y component of the water and would like to show the static pressure changing with the height of water. I assume I would need to use the gravity component in Fluent but when I check it under the Operating Conditions panel, there is no change in results.

you also need to enable the Specified Operating Density in the Operating Conditions panel and set it equal to zero. This enables the hydrostatic head calculation in FLUENT.