nVent Electric plc (NVT)NVTnVent Electric plc

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	4.326B	1.242B	1.067B	1.054B	963.100M	809.300M	752.200M	782.000M	739.800M
Cost of Goods Sold	2.725B	796.400M	677.800M	659.300M	591.300M	495.600M	452.700M	470.900M	432.200M
Gross Profit	1.601B	445.600M	388.900M	394.700M	371.800M	313.700M	299.500M	311.100M	307.600M
Gross Profit Margin	35.9%	35.9%	36.5%	37.4%	38.6%	38.8%	39.8%	39.8%	41.6%
Total Operating Expenses	912.500M	243.900M	225.100M	228.400M	215.100M	183.700M	182.400M	177.900M	162.700M
Research & Development	83.700M	22.700M	21.300M	20.600M	19.100M	17.500M	17.200M	16.100M	16.500M
Selling, General & Administrative	828.800M	221.200M	203.800M	207.800M	196.000M	166.200M	165.200M	161.800M	146.200M
Operating Income (EBIT)	688.500M	201.700M	163.800M	166.300M	156.700M	130.000M	117.100M	133.200M	144.900M
Operating Margin	16.2%	16.2%	15.4%	15.8%	16.3%	16.1%	15.6%	17.0%	19.6%
Income Before Tax (EBT)	615.400M	176.900M	156.300M	144.200M	138.000M	111.500M	99.100M	101.600M	120.000M
Interest Income	—	—	—	—	—	—	—	—	—
Interest Expense	75.100M	17.500M	19.100M	20.900M	17.600M	17.400M	29.400M	30.400M	24.000M
Other Income/Expense	-73.100M	-24.800M	-7.500M	-22.100M	-18.700M	-18.500M	-18.000M	-31.600M	-24.900M
Net Income	490.200M	140.700M	118.800M	121.200M	109.500M	360.700M	10.700M	105.000M	111.000M
Income Tax Expense	133.500M	36.500M	40.500M	25.200M	31.300M	24.500M	115.600M	22.700M	26.800M
Net Profit Margin	11.3%	11.3%	11.1%	11.5%	11.4%	44.6%	1.4%	13.4%	15.0%
EBITDA	914.200M	252.300M	232.200M	223.800M	205.900M	170.900M	170.000M	171.800M	175.900M
EBITDA Margin	20.3%	20.3%	21.8%	21.2%	21.4%	21.1%	22.6%	22.0%	23.8%
Depreciation & Amortization	223.700M	57.900M	56.800M	58.700M	50.300M	42.000M	41.500M	39.800M	31.900M
EPS Basic	3.04	0.88	0.74	0.74	0.68	2.18	0.06	0.63	0.67
EPS Diluted	3.00	0.87	0.73	0.73	0.67	2.16	0.06	0.62	0.66
Shares Outstanding	161.700M	161.700M	161.600M	162.700M	161.700M	165.100M	165.500M	165.600M	166.100M
Diluted Shares Outstanding	164.000M	164.000M	164.000M	164.800M	163.600M	167.300M	168.200M	168.100M	168.900M

Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	3.893B	3.006B	2.669B	2.295B	2.462B	1.999B	2.204B	2.214B
Cost of Goods Sold	2.424B	1.797B	1.594B	1.472B	1.520B	1.249B	1.338B	1.337B
Gross Profit	1.469B	1.209B	1.075B	822.900M	941.900M	749.400M	865.800M	876.100M
Gross Profit Margin	37.7%	40.2%	40.3%	35.9%	38.3%	37.5%	39.3%	39.6%
Total Operating Expenses	852.300M	682.000M	612.500M	513.900M	586.500M	711.000M	532.700M	565.300M
Research & Development	78.500M	66.100M	55.200M	45.600M	48.600M	43.500M	48.200M	45.600M
Selling, General & Administrative	773.800M	615.900M	557.300M	468.300M	537.900M	447.000M	484.500M	519.700M
Operating Income (EBIT)	616.800M	527.100M	462.700M	309.000M	355.400M	38.400M	333.100M	310.800M
Operating Margin	15.8%	17.5%	17.3%	13.5%	14.4%	1.9%	15.1%	14.0%
Income Before Tax (EBT)	550.000M	429.200M	375.300M	336.300M	320.700M	-9.500M	257.400M	268.700M
Interest Income	—	—	—	—	—	—	—	—
Interest Expense	75.000M	106.000M	79.400M	31.200M	32.300M	36.400M	44.700M	31.200M
Other Income/Expense	-66.800M	-97.900M	-87.400M	27.300M	-34.700M	-47.900M	-75.700M	-42.100M
Net Income	710.200M	331.800M	567.100M	399.800M	272.900M	-47.200M	222.700M	230.800M
Income Tax Expense	121.500M	188.400M	-84.400M	43.200M	47.800M	37.700M	34.700M	37.900M
Net Profit Margin	18.2%	11.0%	21.2%	17.4%	11.1%	-2.4%	10.1%	10.4%
EBITDA	832.800M	681.200M	567.900M	453.900M	461.400M	129.500M	398.900M	397.000M
EBITDA Margin	21.4%	22.7%	21.3%	19.8%	18.7%	6.5%	18.1%	17.9%
Depreciation & Amortization	207.800M	146.000M	113.200M	86.400M	108.400M	102.600M	96.800M	97.100M
EPS Basic	4.36	2.00	3.42	2.40	1.63	-0.28	1.30	1.29
EPS Diluted	4.31	1.97	3.37	2.38	1.61	-0.28	1.29	1.28
Shares Outstanding	162.400M	165.500M	165.600M	166.300M	167.900M	169.600M	171.600M	178.600M
Diluted Shares Outstanding	164.600M	168.200M	168.200M	168.300M	169.700M	169.600M	173.000M	180.800M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About nVent Electric plc

nVent Electric plc specializes in the global design, production, distribution, installation, and upkeep of electrical connection and protective equipment. Its operations are structured across three distinct divisions. The Enclosures segment offers critical protective and connective solutions for sensitive electronic, communication, control, and power apparatus. It also supplies robust physical infrastructure for hosting and safeguarding server and network equipment, alongside indoor and outdoor protective gear for instrumentation in aerospace and defense applications. These solutions cater to industrial, infrastructural, commercial, and energy sectors, encompassing a product range including metal and non-metal enclosures, cabinets, sub-racks, and backplanes. The Electrical & Fastening Solutions unit delivers specialized fastening devices engineered to secure and shield electrical, mechanical, and civil structural systems, along with a variety of other purpose-built electrical and fastening items. Within the Thermal Management segment, the company furnishes electric thermal systems designed to connect and safeguard structures, infrastructure, industrial operations, and individuals. This includes comprehensive thermal regulation systems like heat tracing, underfloor heating, fire-resistant and specialized wiring, sensing technologies, and snow/ice removal solutions. Products are marketed under prominent brand names such as CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER. Its distribution network includes electrical wholesale partners, data center installation specialists, original equipment manufacturers (OEMs), and maintenance service providers. Clientele spans diverse sectors, including energy, manufacturing, infrastructure, and both commercial and residential markets. Established in 1903, the enterprise maintains its headquarters in London, United Kingdom.

London

12,100 employees

www.nvent.com

Industrials / Electrical Equipment & Parts

Sector: Industrials
Industry: Electrical Equipment & Parts
CEO: Beth A. Wozniak

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