Gross Margin: 35.88%
Is the gross margin high or low?
The gross margin of 35.88% is in line with its 5-year average of 38.84%, near the low end of its 5-year range (35.60%–41.58%).
As of Friday, June 26, 2026. 4.15% below its 12-month average of 37.43%.
NVT Gross Margin
Reported quarterly gross margin; no daily interpolation.
NVT Average Gross Margin Chart
NVT Current vs Average Gross Margin Chart
NVT Gross Margin Metrics
GROSS MARGIN
35.88%
GROSS MARGIN AVG TTM
37.43%
GROSS MARGIN AVG 3Y
39.37%
GROSS MARGIN AVG 5Y
38.84%
GROSS MARGIN AVG 10Y
38.95%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-4.15%
CURRENT VS 3Y AVG
-8.88%
CURRENT VS 5Y AVG
-7.62%
CURRENT VS 10Y AVG
-7.88%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NVT Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nVent Electric plc (NVT) | $27.80B | 35.88% | 37.43% | 39.37% | 38.84% |
| Xylem Inc. (XYL)vs › | $27.81B | 38.61% | 37.98% | 37.65% | 37.69% |
| Copart, Inc. (CPRT)vs › | $27.82B | 45.53% | 45.10% | 45.24% | 46.09% |
| Hubbell Inc (HUBB)vs › | $28.29B | 35.52% | 34.64% | 33.54% | 31.85% |
| Otis Worldwide Corporation (OTIS)vs › | $28.31B | 30.39% | 30.07% | 29.57% | 29.54% |
| Curtiss-Wright Corporation (CW)vs › | $28.36B | 37.17% | 37.08% | 37.25% | 36.88% |
| ATI Inc. (ATI)vs › | $27.24B | 22.53% | 21.37% | 20.29% | 17.15% |
| Sterling Infrastructure, Inc. (STRL)vs › | $27.06B | 23.29% | 21.56% | 18.94% | 17.46% |
| Symbotic Inc. (SYM)vs › | $26.16B | 20.58% | 17.21% | 17.25% | 8.77% |
| Venture Global, Inc. (VG)vs › | $25.97B | 44.58% | 57.82% | 64.86% | 51.88% |
Gross Margin Analysis
Gross Margin
35.9%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for nVent Electric plc (NVT)?
- The gross margin for NVT stock is 35.88%.
- Is nVent Electric plc's gross margin high or low?
- The gross margin of 35.88% is in line with its 5-year average of 38.84%, near the low end of its 5-year range (35.60%–41.58%).
- What is the TTM average gross margin for nVent Electric plc (NVT)?
- The TTM average gross margin for NVT stock is 37.43%.
- What is the 3Y average gross margin for nVent Electric plc (NVT)?
- The 3Y average gross margin for NVT stock is 39.37%.
- What is the 5Y average gross margin for nVent Electric plc (NVT)?
- The 5Y average gross margin for NVT stock is 38.84%.
- What is the 10Y average gross margin for nVent Electric plc (NVT)?
- The 10Y average gross margin for NVT stock is 38.95%.
NVT Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 35.88% |
| 2025-12-31 | 36.46% |
| 2025-09-30 | 37.45% |
| 2025-06-30 | 38.60% |
| 2025-03-31 | 38.76% |
| 2024-12-31 | 39.82% |
| 2024-09-30 | 39.78% |
| 2024-06-30 | 41.58% |
| 2024-03-31 | 39.74% |
| 2023-12-31 | 41.08% |
| 2023-09-30 | 40.43% |
| 2023-06-30 | 41.33% |
| 2023-03-31 | 40.94% |
| 2022-12-31 | 39.32% |
| 2022-09-30 | 38.92% |
| 2022-06-30 | 36.81% |
| 2022-03-31 | 35.60% |
| 2021-12-31 | 36.95% |
| 2021-09-30 | 38.97% |
| 2021-06-30 | 39.12% |
| 2021-03-31 | 38.08% |
| 2020-12-31 | 37.80% |
| 2020-09-30 | 38.64% |
| 2020-06-30 | 35.85% |
| 2020-03-31 | 37.49% |
| 2019-12-31 | 38.75% |
| 2019-09-30 | 40.03% |
| 2019-06-30 | 39.33% |
| 2019-03-31 | 39.01% |
| 2018-12-31 | 38.50% |
| 2018-09-30 | 40.63% |
| 2018-06-30 | 40.43% |
| 2018-03-31 | 38.76% |
| 2017-12-31 | 39.38% |
| 2017-09-30 | 40.71% |
| 2017-06-30 | 40.86% |
| 2017-03-31 | 39.57% |
| 2016-12-31 | 38.61% |
Related Metrics
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