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.

Ticker: NVT
Exchange: NYSE
Sector: Industrials
Industry: Electrical Equipment & Parts
Market cap: $17.16B
52-week range: $93.22 - $184.64

Valuation

Share price: $106.22 (close of Nov 6, 2026)
P/E (TTM): 25.23x
Price to book: 4.17x
Price to free cash flow: 26.71x
Enterprise value: $18.39B
Book value per share: $25.45

Price performance

Period	Change
1 day	+7.97%
5 days	-15.69%
1 month	-38.88%
3 months	-34.95%
6 months	-38.42%
Year to date	+4.17%
1 year	-3.41%
3 years	+113.38%
5 years	+185.77%
All time	+371.88%

Short interest

As of: Oct 15, 2026
Short % of float: 3.46%
Shares short: 4.90M
Days to cover: 2.23
Change since prior report: +2.09%
Source: FINRA consolidated short interest

Members of Congress who disclosed NVT trades

Thomas Kean · Jefferson Shreve

Super investors holding NVT

Mairs & Power (Mairs & Power Inc) · Ken Griffin (Citadel) · John Rogers (Ariel Investments LLC) · Ray Dalio (Bridgewater Associates) · First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity: 19.04%
Return on invested capital: 9.13%
Return on assets: 10.37%
Return on capital employed: 10.55%
Gross margin: 37.74%
Net margin: 18.24%
EBITDA margin: 21.18%
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): 3.74%
Current ratio: 2.40x
Net debt to EBITDA: 1.04x

Latest reported year

Period end: Dec 31, 2025
Fiscal year: 2025
Revenue: $3.89B
Cost of revenue: $2.42B
Gross profit: $1.47B
EBITDA: $824.60M
Net income: $710.20M
Earnings per share: $4.36
Research and development: $78.50M
Interest expense: $75.00M
Shares outstanding: 162.40M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
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 end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	37.74%	18.24%	19.04%	9.13%
2024-12-31	40.22%	11.04%	10.25%	6.15%
2023-12-31	40.29%	21.25%	18.05%	9.20%
2022-12-31	35.85%	17.42%	14.64%	6.82%
2021-12-31	38.26%	11.08%	10.93%	8.59%
2020-12-31	37.50%	-2.36%	-1.96%	0.56%
2019-12-31	39.28%	10.10%	8.59%	8.05%
2018-12-31	39.58%	10.43%	8.59%	7.42%
2017-12-31	40.13%	17.24%	9.54%	8.34%
2016-12-31	39.50%	12.24%	7.43%	7.94%

Cash and debt by year

Period end	Cash	Debt
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 end	Free cash flow	Stock-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: Oct 23, 2026
Paid in the last twelve months: $0.84

Payment date	Dividend per share
2026-10-23	$0.21
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

Investor relations

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-10-30	Sep 2026	$1.40
2026-07-31	Jun 2026	$1.16
2026-05-01	Mar 2026	$0.94
2026-02-06	Dec 2025	$0.89
2025-10-31	Sep 2025	$0.88
2025-08-01	Jun 2025	$0.79
2025-05-02	Mar 2025	$0.66
2025-02-06	Dec 2024	$0.59

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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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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