Net Income CAGR:-16.55%(TTM)
Based on reported financial statement history.
Over longer horizons, Net Income CAGR averages 4.81% over 3 years and 22.90% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how the company's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
NVT Net Income CAGR Chart
nVent Electric plc (NVT)
NVT Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
NVT Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $331.80M | $710.20M | +$378.40M | +114.04% | +114.04% |
| 2024 | $567.10M | $331.80M | $-235.30M | -41.49% | -41.49% |
| 2023 | $399.80M | $567.10M | +$167.30M | +41.85% | +41.85% |
| 2022 | $272.90M | $399.80M | +$126.90M | +46.50% | +46.50% |
| 2021 | $-47.20M | $272.90M | +$320.10M | N/A | N/A |
| 2020 | $222.70M | $-47.20M | $-269.90M | -121.19% | N/A |
| 2019 | $230.80M | $222.70M | $-8.10M | -3.51% | -3.51% |
| 2018 | $361.70M | $230.80M | $-130.90M | -36.19% | -36.19% |
| 2017 | $259.10M | $361.70M | +$102.60M | +39.60% | +39.60% |
| 2016 | $210.10M | $259.10M | +$49.00M | +23.32% | +23.32% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $140.70M | +18.4% | -61.0% |
| Q4 2025 | $118.80M | -2.0% | +1010.3% |
| Q3 2025 | $121.20M | +10.7% | +15.4% |
| Q2 2025 | $109.50M | -69.6% | -1.4% |
| Q1 2025 | $360.70M | +3271.0% | +243.2% |
| Q4 2024 | $10.70M | -89.8% | -95.8% |
| Q3 2024 | $105.00M | -5.4% | -0.5% |
| Q2 2024 | $111.00M | +5.6% | -1.7% |
| Q1 2024 | $105.10M | -58.8% | +12.0% |
| Q4 2023 | $254.90M | +141.6% | +60.6% |
| Q3 2023 | $105.50M | -6.6% | +13.0% |
| Q2 2023 | $112.90M | +20.4% | +41.3% |
| Q1 2023 | $93.80M | -40.9% | +38.3% |
| Q4 2022 | $158.70M | +69.9% | +136.9% |
| Q3 2022 | $93.40M | +16.9% | +25.7% |
| Q2 2022 | $79.90M | +17.8% | +20.7% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- CEO
- Beth A. Wozniak