nVent Electric plc (NVT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.16	$1.45	+25.0%	—	$1.5B	—
Q1 26	$0.94	$1.09	+16.0%	—	$1.2B	—
Q4 25	$0.9	$0.9	0.0%	—	$1.1B	—
Q3 25	$0.88	$0.91	+3.4%	—	$1.1B	—
Q2 25	$0.79	$0.86	+8.9%	—	$963.1M	—
Q1 25	$0.66	$0.67	+1.5%	—	$809.3M	—
Q4 24	$0.59	$0.59	0.0%	—	$752.2M	—
Q3 24	$0.81	$0.63	-22.2%	—	$782M	—
Q2 24	$0.82	$0.82	0.0%	—	$880.3M	—
Q1 24	$0.74	$0.77	+4.1%	—	$874.6M	—
Q4 23	$0.75	$0.78	+4.0%	—	$861.2M	—
Q3 23	$0.73	$0.84	+15.1%	—	$715M	—
Q2 23	$0.68	$0.77	+13.2%	—	$803M	—
Q1 23	$0.67	$0.67	0.0%	—	$740.6M	—
Q4 22	$0.58	$0.66	+13.8%	—	$741.6M	—
Q3 22	$0.59	$0.66	+11.9%	—	$745.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.36	—	—	$3.9B	—
FY24	—	$2	—	—	$3B	—
FY23	—	$3.42	—	—	$3.3B	—
FY22	—	$2.4	—	—	$2.9B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.1B	$2.1B	$2.2B	$2.2B	$2B	$2.5B	$2.9B	$3.3B	$3B	$3.9B
YoY change	+17%	-0.86%	+5.52%	-0.43%	-9.32%	+23.2%	+18.2%	+12.2%	-7.89%	+29.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.1B	2.1B	2.2B	2.2B	2B	2.5B	2.9B	3.3B	3B	3.9B
Cost of revenue	1.3B	1.3B	1.3B	1.3B	1.2B	1.5B	1.8B	1.9B	1.8B	2.4B
Gross profit	835.8M	841.9M	876.1M	865.8M	749.4M	941.9M	1.1B	1.3B	1.2B	1.5B
Gross margin	39.5%	40.1%	39.6%	39.3%	37.5%	38.3%	37.7%	41.1%	40.2%	37.7%
Research & development	40.6M	42.5M	45.6M	48.2M	43.5M	48.6M	60.4M	71.5M	66.1M	78.5M
Selling, general & administrative	462.4M	483.3M	519.7M	484.5M	447M	537.9M	595.9M	683.2M	615.9M	773.8M
Operating expenses	503M	525.8M	565.3M	532.7M	490.5M	586.5M	656.3M	754.7M	682M	852.3M
Operating income	332.8M	316.1M	310.8M	333.1M	258.9M	355.4M	440.4M	587.4M	527.1M	616.8M
Operating margin	15.7%	15.1%	14%	15.1%	13%	14.4%	15.1%	18%	17.5%	15.8%
Non-operating income, net	-16.4M	-2.6M	-10.9M	-31M	-232M	-2.4M	63.4M	-8.5M	8.1M	8.2M
Pretax income	315M	313.3M	268.7M	257.4M	-9.5M	320.7M	472.6M	499.5M	429.2M	550M
Income tax	55.9M	-48.4M	37.9M	34.7M	37.7M	47.8M	72.8M	-67.6M	188.4M	121.5M
Net income	259.1M	361.7M	230.8M	222.7M	-47.2M	272.9M	399.8M	567.1M	331.8M	710.2M
Net margin	12.2%	17.2%	10.4%	10.1%	-2.36%	11.1%	13.7%	17.4%	11%	18.2%
EBITDA	411.6M	411.4M	397M	398.9M	350M	476.6M	618M	710M	681.2M	832.8M
EPS	1.45	2.03	1.29	1.3	-0.28	1.63	2.4	3.42	2	4.36
Diluted EPS	1.45	2.03	1.28	1.29	-0.28	1.61	2.38	3.37	1.97	4.31

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	715M	861.2M	874.6M	880.3M	782M	752.2M	809.3M	963.1M	1.1B	1.1B	1.2B	1.5B
Cost of revenue	425.9M	507.4M	519.1M	512M	470.9M	452.7M	495.6M	591.3M	659.3M	677.8M	796.4M	913.3M
Gross profit	289.1M	353.8M	355.5M	368.3M	311.1M	299.5M	313.7M	371.8M	394.7M	388.9M	445.6M	558M
Gross margin	40.4%	41.1%	40.6%	41.8%	39.8%	39.8%	38.8%	38.6%	37.4%	36.5%	35.9%	37.9%
Research & development	14.5M	19M	20.8M	20.9M	16.1M	17.2M	17.5M	19.1M	20.6M	21.3M	22.7M	24.5M
Selling, general & administrative	148.4M	174.4M	175.5M	179.6M	161.8M	165.2M	166.2M	196M	207.8M	203.8M	227.2M	232.8M
Operating expenses	162.9M	193.4M	196.3M	200.5M	177.9M	182.4M	183.7M	215.1M	228.4M	225.1M	249.9M	257.3M
Operating income	126.2M	160.4M	159.2M	167.8M	133.2M	117.1M	130M	156.7M	166.3M	163.8M	195.7M	300.7M
Operating margin	17.7%	18.6%	18.2%	19.1%	17%	15.6%	16.1%	16.3%	15.8%	15.4%	15.8%	20.4%
Non-operating income, net	-1.3M	-15M	-1.2M	-900K	-1.2M	11.4M	-1.1M	-1.1M	-1.2M	11.6M	-1.3M	-1.3M
Pretax income	99.4M	121M	135.8M	142.9M	101.6M	99.1M	111.5M	138M	144.2M	156.3M	176.9M	282M
Income tax	17.5M	-133.9M	30.7M	31.9M	22.7M	115.6M	24.5M	31.3M	25.2M	40.5M	36.5M	66.2M
Net income	105.5M	254.9M	105.1M	111M	105M	10.7M	360.7M	109.5M	121.2M	118.8M	142.4M	215.9M
Net margin	14.8%	29.6%	12%	12.6%	13.4%	1.42%	44.6%	11.4%	11.5%	11.1%	11.5%	14.7%
EBITDA	142.4M	186.1M	197.6M	212.2M	171.8M	170M	170.9M	205.9M	223.8M	232.2M	252.3M	357.9M
EPS	0.64	1.54	0.64	0.67	0.63	0.06	2.18	0.68	0.75	0.74	0.88	1.33
Diluted EPS	0.63	1.51	0.62	0.66	0.62	0.06	2.16	0.67	0.74	0.73	0.87	1.32

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	4B	4.4B	3.9B	6.4B	6.4B	9.8B	11.3B	16.6B	26B
Enterprise value	—	—	4.8B	5.4B	4.8B	7.4B	7.3B	11.5B	13.4B	18B	28B
Shares outstanding	178.3M	178.3M	178.6M	171.6M	169.6M	167.9M	166.3M	165.6M	165.5M	162.4M	162.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	17.4	19.7	—	23.4	16	17.3	34	23.3	45.7
P/S	—	—	1.81	1.99	1.98	2.59	2.2	3	3.75	4.25	5.5
P/B	—	—	1.49	1.69	1.64	2.56	2.34	3.11	3.48	4.44	6.67
EV/EBITDA	—	—	12.1	13.5	13.8	15.6	11.8	16.2	19.7	21.6	26.7
EV/Sales	—	—	2.17	2.45	2.41	3.01	2.5	3.53	4.46	4.63	5.79
Earnings yield	—	—	5.75%	5.07%	—	4.28%	6.25%	5.8%	2.94%	4.29%	2.19%
FCF yield	—	—	7.58%	6.78%	7.7%	5.23%	5.45%	4.67%	5.04%	2.25%	1.74%
PEG	—	—	—	—	—	—	—	—	—	—	0.48

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	39.5%	40.1%	39.6%	39.3%	37.5%	38.3%	37.7%	41.1%	40.2%	37.7%	37.9%
Operating margin	15.7%	15.1%	14%	15.1%	13%	14.4%	15.1%	18%	17.5%	15.8%	18.8%
Net margin	12.2%	17.2%	10.4%	10.1%	-2.36%	11.1%	13.7%	17.4%	11%	18.2%	12.4%
ROE	7.43%	9.54%	8.59%	8.59%	-1.96%	10.9%	14.6%	18%	10.2%	19%	15.7%
ROA	5.77%	7.66%	5.07%	4.8%	-1.08%	5.84%	8.16%	9.2%	4.93%	10.4%	7.36%
ROIC	7.9%	8.4%	7.69%	8.01%	7.88%	8.57%	10.4%	12.1%	5.5%	9.26%	12%
Return on tangible assets	-10.1%	-16.3%	-10.2%	-9.95%	2.31%	-13.7%	-25.2%	-28.2%	-37.6%	-31.5%	-33.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.06	1.87	1.83	1.73	1.7	1.43	1.89	1.82	1.73	1.63	1.8
Quick ratio	1.43	1.3	1.34	1.2	1.18	0.93	1.36	1.22	1.28	1.16	1.33
Debt / equity	—	—	0.35	0.43	0.41	0.43	0.43	0.61	0.7	0.45	0.41
Debt / assets	—	—	0.21	0.24	0.23	0.23	0.24	0.31	0.34	0.25	0.23
Net debt / EBITDA	—	—	1.97	2.52	2.5	2.17	1.4	2.42	3.14	1.75	1.29
Interest coverage	226	1.6K	9.61	6.76	0.74	10.9	16.1	7.29	5.05	8.33	11.1
Effective tax rate	17.7%	0%	14.1%	13.5%	0%	14.9%	15.4%	0%	43.9%	22.1%	22.2%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	11.9	11.8	12.4	12.8	11.8	14.7	17.5	19.7	18.2	24	29.9
EPS (basic)	1.45	2.03	1.29	1.3	-0.28	1.63	2.4	3.42	2	4.36	4.36
EPS (diluted)	1.45	2.03	1.28	1.29	-0.28	1.61	2.38	3.37	1.97	4.31	3.6
Book value per share	19.5	21.3	15	15.1	14.2	14.9	16.4	19	19.6	23	24.6
FCF per share	1.62	2.12	1.7	1.73	1.79	1.99	2.1	2.76	3.44	2.29	3.52
Cash per share	0.12	0.15	0.89	0.62	0.72	0.29	1.79	1.12	0.79	1.46	1.58
Capex per share	0.03	0.02	0.01	0.04	0.01	0	0.01	0.05	0	0.57	0.69

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.28%	0.2%	0.11%	0.29%	0.1%	0.02%	0.07%	0.23%	0.02%	2.4%	2.34%
Capex / operating cash flow	1.83%	1.11%	0.73%	2.1%	1.88%	0.16%	0.44%	1.45%	0.1%	20.1%	16.3%
Payout ratio	0%	0%	27.3%	54.2%	-252.1%	43.1%	29.3%	20.6%	38.2%	18.4%	22.8%
Dividend yield	—	—	1.57%	2.75%	3.01%	1.84%	1.83%	1.19%	1.12%	0.79%	0.52%

Yield

0.52%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.21

ex-dividend Jul 24, 2026

Payout ratio

23%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 24, 2026	$0.21
Apr 24, 2026	$0.21
Jan 23, 2026	$0.21
Oct 17, 2025	$0.20
Jul 18, 2025	$0.20
Apr 25, 2025	$0.20
Jan 17, 2025	$0.20
Oct 18, 2024	$0.19

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$715M	$861.2M	$874.6M	$880.3M	$782M	$752.2M	$809.3M	$963.1M	$1.1B	$1.1B	$1.2B	$1.5B
YoY change	-4.05%	+16.1%	+18.1%	+9.63%	+9.37%	-12.7%	-7.47%	+9.41%	+34.8%	+41.8%	+53.5%	+52.8%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	21.5M	26.9M	159M	106.4M	122.5M	49.5M	297.5M	185.1M	131.2M	237.5M
Receivables	314.8M	349.3M	340.9M	334.3M	313.8M	438.1M	472.5M	589.5M	473.1M	693M
Inventory	202.2M	224.1M	228.2M	244.7M	235.2M	321.9M	346.7M	441.3M	360.3M	471.9M
Total current assets	657.3M	732.6M	846.5M	798.7M	764.4M	911.5M	1.2B	1.3B	1.4B	1.6B
Property, plant & equipment	97.4M	95.6M	92.2M	147.1M	149.5M	185.7M	185.1M	291.3M	278M	343.1M
Goodwill & intangibles	7.1B	6.9B	6.8B	6.9B	6.4B	6.7B	6.5B	8.2B	7.6B	9.1B
Total assets	4.5B	4.7B	4.6B	4.6B	4.4B	4.7B	4.9B	6.2B	6.7B	6.9B
Accounts payable	150.1M	174.1M	186.4M	187.1M	171.1M	261M	252.1M	275.7M	280.1M	358.9M
Short-term debt	—	—	12.5M	32.2M	34.2M	22.4M	32.7M	57.5M	59.9M	44.1M
Total current liabilities	318.4M	390.9M	461.7M	462.2M	450M	636.3M	649.5M	733.6M	801.6M	1B
Long-term debt	—	—	929.2M	1.1B	963.7M	1.1B	1.1B	1.8B	2.2B	1.7B
Total liabilities	1B	933.7M	1.9B	2B	2B	2.2B	2.2B	3B	3.5B	3.1B
Shareholders' equity	3.5B	3.8B	2.7B	2.6B	2.4B	2.5B	2.7B	3.1B	3.2B	3.7B
Total debt	—	—	941.7M	1.1B	997.9M	1.1B	1.2B	1.9B	2.3B	1.7B
Net debt	—	—	782.7M	1B	875.4M	1B	867.1M	1.7B	2.1B	1.5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	113.3M	185.1M	211.4M	274M	137.1M	131.2M	1.3B	125.8M	126.9M	237.5M	190M	256M
Receivables	590.9M	589.5M	591.5M	570.7M	526M	473.1M	548.6M	733.1M	718.2M	693M	828.5M	969.3M
Inventory	464.9M	441.3M	441.1M	445.8M	366.2M	360.3M	374.2M	415.6M	455.2M	471.9M	512M	522.4M
Total current assets	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	2.4B	1.5B	1.5B	1.6B	1.8B	2B
Property, plant & equipment	259.2M	291.3M	286M	286.7M	262.5M	278M	272.5M	318M	325.3M	343.1M	346.3M	351.6M
Goodwill & intangibles	8.2B	8.2B	8.1B	8.1B	7.7B	7.6B	7.6B	9.3B	9.2B	9.1B	9B	8.9B
Total assets	5.9B	6.2B	6.2B	6.2B	6.9B	6.7B	6.7B	6.7B	6.8B	6.9B	7B	7.1B
Accounts payable	243.4M	275.7M	263.2M	266.1M	243.4M	280.1M	282.3M	310.3M	340.7M	358.9M	422M	496M
Short-term debt	52.8M	57.5M	60.5M	63.2M	59.8M	59.9M	39.2M	41.2M	43.2M	44.1M	45.8M	46.8M
Total current liabilities	659.4M	733.6M	690.3M	654.1M	776.2M	801.6M	831.3M	889.6M	972.6M	1B	1.1B	1.1B
Long-term debt	1.9B	1.8B	1.8B	1.8B	2.3B	2.2B	1.8B	1.9B	1.7B	1.7B	1.7B	1.6B
Total liabilities	3B	3B	3B	2.9B	3.6B	3.5B	3.1B	3.2B	3.1B	3.1B	3.2B	3.2B
Shareholders' equity	2.9B	3.1B	3.2B	3.3B	3.3B	3.2B	3.6B	3.5B	3.6B	3.7B	3.8B	4B
Total debt	2B	1.9B	1.9B	1.9B	2.4B	2.3B	1.9B	1.9B	1.7B	1.7B	1.7B	1.6B
Net debt	1.8B	1.7B	1.7B	1.6B	2.2B	2.1B	532.1M	1.8B	1.6B	1.5B	1.5B	1.4B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	259.1M	361.7M	230.8M	222.7M	-47.2M	272.9M	399.8M	567.1M	240.8M	428.5M
Depreciation & amortization	95.2M	97.9M	97.1M	96.8M	102.6M	108.4M	114.2M	141.4M	146M	207.8M
Stock-based compensation	13.4M	14.6M	12.8M	16.1M	13.9M	16.6M	25M	23.5M	27.3M	37.5M
Change in working capital	-38.4M	69.5M	18.2M	-5.4M	46.7M	-5M	-63.9M	-32.6M	2.4M	-23.5M
Operating cash flow	322.9M	379M	328.6M	299.8M	106.3M	367.6M	456M	517.9M	486.8M	465.2M
Capital expenditure	5.9M	4.2M	2.4M	6.3M	2M	600K	2M	7.5M	500K	-93.3M
Investing cash flow	5.9M	-9.4M	400K	-121.5M	-25M	-234.5M	-6.6M	-1.1B	-676.8M	-1.1B
Dividends paid	0	0	-62.9M	-120.7M	-119M	-117.7M	-117M	-116.8M	-126.8M	-130.4M
Share repurchases	0	0	-56M	-235.7M	-43.2M	-111.5M	-65.9M	-60.8M	-100M	-253.1M
Financing cash flow	-308.9M	-359.5M	-166.9M	-226.4M	-272.5M	-166.8M	-82.1M	516.7M	146.2M	-968.4M
Net change in cash	19.9M	10.1M	162.1M	-48.1M	-191.2M	-33.7M	367.3M	-59.1M	-43.8M	-1.6B
Free cash flow	289.5M	377.9M	304M	297.5M	304M	333.8M	348.7M	457.1M	569.1M	371.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	40.6M	254.9M	105.1M	130.9M	78.9M	-16.5M	87M	106.7M	119M	115.8M	140.4M	215.8M
Depreciation & amortization	17.5M	40.8M	39.6M	45.3M	39.8M	41.5M	42M	50.3M	58.7M	56.8M	57.9M	58.5M
Stock-based compensation	4.9M	6M	6.6M	7.2M	7.4M	7.2M	8.5M	11.6M	10.7M	6.7M	16.4M	6.7M
Change in working capital	23.7M	94.7M	-61.1M	-13.6M	29.9M	62.7M	-74M	-79.2M	87.8M	41.9M	-124.6M	-93.8M
Operating cash flow	85.9M	215M	90M	170M	156.2M	162.7M	63.9M	91M	219.5M	202.4M	85.2M	183.5M
Capital expenditure	-200K	200K	300K	0	200K	0	1.6M	0	-18.6M	-36.7M	-36.1M	-21.5M
Investing cash flow	-14M	1.5M	300K	0	-677.5M	400K	5.4M	-975.4M	-21.9M	-37.5M	-36.1M	-21.5M
Dividends paid	-29.1M	-29.2M	-31.9M	-31.7M	-31.7M	-31.5M	-33.4M	-32.3M	-32.3M	-32.4M	-34.2M	-34M
Share repurchases	1.3M	-45.6M	-800K	-1.1M	-98.3M	200K	-57.7M	-197.4M	2M	0	-61.5M	1.5M
Financing cash flow	-140.7M	-155.4M	-40.2M	-40.3M	361.3M	-135.3M	-483.6M	-703.5M	-233.7M	-28.4M	-99.2M	-97.3M
Net change in cash	-68.8M	61.1M	50.1M	129.7M	-160M	27.8M	-414.3M	-1.6B	-36.1M	136.5M	-50.1M	64.7M
Free cash flow	132.5M	214.4M	73.9M	111.5M	182M	198.1M	39.1M	-33.8M	200.9M	165.7M	49.1M	162M

nVent Electric plc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement