Income Tax Expense
The latest quarterly tax expense is $36.50 Million with a quarter-over-quarter change of -9.88%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
NVT Tax Expense
Reported quarterly tax expense; no daily interpolation.
Current Tax Expense
$36.50M
$36.50 Million
Quarter-over-Quarter Change
-9.88%
vs. $40.50M prior quarter
Historical Data
38
Quarters of data available
Quarterly Tax Expense History
| Period | Tax Expense | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $36.50M | $-4.00M | -9.88% |
| Q4 2025 | $40.50M | +$15.30M | +60.71% |
| Q3 2025 | $25.20M | $-6.10M | -19.49% |
| Q2 2025 | $31.30M | +$6.80M | +27.76% |
| Q1 2025 | $24.50M | $-91.10M | -78.81% |
| Q4 2024 | $115.60M | +$92.90M | +409.25% |
| Q3 2024 | $22.70M | $-4.10M | -15.30% |
| Q2 2024 | $26.80M | +$3.50M | +15.02% |
| Q1 2024 | $23.30M | +$157.20M | +117.40% |
| Q4 2023 | $-133.90M | $-151.40M | -865.14% |
| Q3 2023 | $17.50M | $-3.70M | -17.45% |
| Q2 2023 | $21.20M | $-100,000 | -0.47% |
| Q1 2023 | $21.30M | $-2.40M | -10.13% |
| Q4 2022 | $23.70M | +$5.20M | +28.11% |
| Q3 2022 | $18.50M | +$2.40M | +14.91% |
| Q2 2022 | $16.10M | +$1.60M | +11.03% |
| Q1 2022 | $14.50M | +$1.00M | +7.41% |
| Q4 2021 | $13.50M | $-1.10M | -7.53% |
| Q3 2021 | $14.60M | +$1.20M | +8.96% |
| Q2 2021 | $13.40M | +$7.10M | +112.70% |
| Q1 2021 | $6.30M | $-3.10M | -32.98% |
| Q4 2020 | $9.40M | +$21.50M | +177.69% |
| Q3 2020 | $-12.10M | $-21.50M | -228.72% |
| Q2 2020 | $9.40M | $-21.60M | -69.68% |
| Q1 2020 | $31.00M | +$32.90M | +1731.58% |
| Q4 2019 | $-1.90M | $-15.60M | -113.87% |
| Q3 2019 | $13.70M | +$500,000 | +3.79% |
| Q2 2019 | $13.20M | +$3.50M | +36.08% |
| Q1 2019 | $9.70M | +$3.80M | +64.41% |
| Q4 2018 | $5.90M | $-7.00M | -54.26% |
| Q3 2018 | $12.90M | +$5.30M | +69.74% |
| Q2 2018 | $7.60M | $-3.90M | -33.91% |
| Q1 2018 | $11.50M | +$106.30M | +112.13% |
| Q4 2017 | $-94.80M | $-113.10M | -618.03% |
| Q3 2017 | $18.30M | +$1.00M | +5.78% |
| Q2 2017 | $17.30M | +$6.50M | +60.19% |
| Q1 2017 | $10.80M | $-200,000 | -1.82% |
| Q4 2016 | $11.00M | — | — |
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