nVent Electric plc (NVT)

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in the America, Europe, the Middle East, India, Africa, the Asia Pacific, and internationally. It operates in two segments, Systems Protection and Electrical Connections. The company provides solutions to protect electronics, systems, and data in mission critical applications, including data centers. It also offers solutions that connect power and data infrastructure. In addition, the company provides bus systems, cable management, control buildings, liquid and air-cooling solutions, electrical connections, enclosures, equipment protection, power connections, and power management solutions, switchgear systems, as well as tools and test instruments. The company markets its products through electrical distributors, retail, contractors, and original equipment manufacturers under the nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. The company was founded in 1903 and is based in London, the United Kingdom.

Symbol
NVT
Exchange
NYSE
Sector
Industrials
Industry
Electrical Equipment & Parts
Market cap
$26.33B
52 week range
93.22 - 184.64

Valuation

Share price
$162.85 (close of 2026-09-23)
P/E (TTM)
43.84x
Price to book
6.60x
Price to free cash flow
45.57x
Enterprise value
$27.70B
Book value per share
$24.63

Price performance

PeriodChange
1 day+2.14%
5 days+10.93%
1 month+7.15%
3 months-3.28%
6 months+34.59%
Year to date+59.70%
1 year+66.68%
3 years+204.28%
5 years+395.74%
All time+623.45%

Profitability and growth

Return on equity
19.04%
Return on invested capital
9.55%
Return on assets
10.37%
Return on capital employed
10.55%
Gross margin
37.74%
Net margin
18.24%
EBITDA margin
17.40%
Revenue growth
29.51%
Net income growth
114.04%
Free cash flow growth
-34.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.19%
Current ratio
1.80x
Net debt to EBITDA
1.29x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$3.89B
Cost of revenue
$2.42B
Gross profit
$1.47B
EBITDA
$677.50M
Net income
$710.20M
Earnings per share
$4.36
Research and development
$78.50M
Shares outstanding
162.40M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.89B$1.47B$710.20M$4.36
2024-12-31$3.01B$1.21B$331.80M$2.00
2023-12-31$2.67B$1.08B$567.10M$3.42
2022-12-31$2.30B$822.90M$399.80M$2.40
2021-12-31$2.46B$941.90M$272.90M$1.63
2020-12-31$2.00B$749.40M$-47.20M$-0.28
2019-12-31$2.20B$865.80M$222.70M$1.30
2018-12-31$2.21B$876.10M$230.80M$1.29
2017-12-31$2.10B$841.90M$361.70M$2.02
2016-12-31$2.12B$835.80M$259.10M$1.45

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3137.74%18.24%19.04%9.55%
2024-12-3140.22%11.04%10.25%6.30%
2023-12-3140.29%21.25%18.05%9.56%
2022-12-3135.85%17.42%14.64%7.39%
2021-12-3138.26%11.08%10.93%8.71%
2020-12-3137.50%-2.36%-1.96%0.58%
2019-12-3139.28%10.10%8.59%8.29%
2018-12-3139.58%10.43%8.59%7.76%
2017-12-3140.13%17.24%9.54%8.40%
2016-12-3139.50%12.24%7.43%7.99%

Cash and debt by year

Period endCashDebt
2025-12-31$237.50M$1.55B
2024-12-31$131.20M$2.12B
2023-12-31$185.10M$1.75B
2022-12-31$297.50M$1.07B
2021-12-31$49.50M$994.20M
2020-12-31$122.50M$928.00M
2019-12-31$106.40M$1.05B
2018-12-31$159.00M$929.20M
2017-12-31$26.90M-
2016-12-31$21.50M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$371.90M$37.50M
2024-12-31$569.10M$27.30M
2023-12-31$462.50M$21.80M
2022-12-31$354.10M$23.30M
2021-12-31$333.80M$16.60M
2020-12-31$304.00M$13.90M
2019-12-31$297.50M$16.10M
2018-12-31$304.00M$12.80M
2017-12-31$377.90M$14.60M
2016-12-31$289.50M$13.40M

Dividend history

Most recent payment
2026-07-24
Paid in the last twelve months
$0.83
Payment dateDividend per share
2026-07-24$0.21
2026-04-24$0.21
2026-01-23$0.21
2025-10-17$0.20
2025-07-18$0.20
2025-04-25$0.20
2025-01-17$0.20
2024-10-18$0.19

Investor relations

Next earnings report

Next confirmed report
2026-10-30
Consensus EPS estimate
$1.39

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-31Jun/2026$1.16
2026-05-01--
2026-02-06--
2025-10-31--
2025-08-01--
2025-05-02--
2025-02-06--
2024-11-01--

Filings and sources

Company website
nvent.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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