NVT
nVent Electric PLC
NYSE: NVT · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS
$142.90
+4.03% today
Updated 2026-04-30
Market cap
$22.21B
P/E ratio
52.83
P/S ratio
5.71x
EPS (TTM)
$2.60
Dividend yield
0.58%
52W range
$57 – $145
Volume
2.2M
nVent Electric PLC (NVT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.81B | $2.12B | $2.10B | $2.21B | $2.20B | $2.00B | $2.46B | $2.30B | $3.26B | $3.01B | $3.89B |
| Revenue growth (YoY) | — | +17.0% | -0.9% | +5.5% | -0.4% | -9.3% | +23.2% | -6.8% | +42.2% | -7.9% | +29.5% |
| Cost of revenue | $1.14B | $1.28B | $1.26B | $1.34B | $1.34B | $1.25B | $1.52B | $1.47B | $1.92B | $1.80B | $2.42B |
| Gross profit | $670.10M | $835.80M | $841.90M | $876.10M | $865.80M | $749.40M | $941.90M | $822.90M | $1.34B | $1.21B | $1.47B |
| Gross margin | 37.0% | 39.5% | 40.1% | 39.6% | 39.3% | 37.5% | 38.3% | 35.9% | 41.1% | 40.2% | 37.7% |
| R&D | $29.30M | $40.60M | $42.50M | $45.60M | $48.20M | $43.50M | $48.60M | $45.60M | $71.50M | $66.10M | $78.50M |
| SG&A | $358.10M | $436.80M | $485.90M | $519.70M | $484.50M | $447.00M | $537.90M | $595.90M | $659.40M | $615.90M | $773.80M |
| Operating income | $267.00M | $332.80M | $316.10M | $310.80M | $333.10M | $38.40M | $355.40M | $309.00M | $587.40M | $527.10M | $616.80M |
| Operating margin | 14.8% | 15.7% | 15.1% | 14.0% | 15.1% | 1.9% | 14.4% | 13.5% | 18.0% | 17.5% | 15.8% |
| EBITDA | $329.90M | $411.60M | $411.40M | $397.00M | $398.90M | $129.50M | $461.40M | $453.90M | $587.40M | $681.20M | $832.80M |
| EBITDA margin | 18.2% | 19.5% | 19.6% | 17.9% | 18.1% | 6.5% | 18.7% | 19.8% | 18.0% | 22.7% | 21.4% |
| EBIT | $267.00M | $316.40M | $313.50M | $299.90M | $302.10M | $26.90M | $353.00M | $367.50M | $587.40M | $535.20M | $625.00M |
| Interest expense | $1.10M | $1.40M | $200000.00 | $31.20M | $44.70M | $36.40M | $32.30M | $31.20M | $79.40M | $106.00M | $75.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $210.10M | $259.10M | $361.70M | $230.80M | $222.70M | $-47.20M | $272.90M | $399.80M | $567.10M | $331.80M | $710.20M |
| Net income growth (YoY) | — | +23.3% | +39.6% | -36.2% | -3.5% | -121.2% | +678.2% | +46.5% | +41.8% | -41.5% | +114.0% |
| Profit margin | 11.6% | 12.2% | 17.2% | 10.4% | 10.1% | -2.4% | 11.1% | 17.4% | 17.4% | 11.0% | 18.2% |