nVent Electric plc NVT
nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We connect and protect some of the world's most critical electrical systems to make them safer, more efficient and resilient. We design, manufacture, market, install and service high performance products and solutions that connect and protect mission critical equipment, buildings and essential processes. We have a comprehensive portfolio of bus systems, cable management, control buildings, cooling solutions, both liquid and air, electrical connections, enclosures, equipment protection, power connections and power management solutions, and switchgear systems, and we are recognized globally for quality, reliability and innovation.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Americas
- Emea
- Asia-Pacific
| Region | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Americas | $3.16B | $2.33B | $2.01B |
| Emea | $587.3M | $533.9M | $521.3M |
| Asia-Pacific | $147.5M | $146.7M | $132.7M |
As the company reported it, from the “Revenue - Geographic Net Sales Information by Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Revenue by segment
- Systems Protection
- Electrical Connections
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Systems Protection | $2.59B | $1.82B | $1.61B |
| Electrical Connections | $1.30B | $1.18B | $1.06B |
As the company reported it, from the “Segment Information - Financial Information by Reportable Segment (Detail)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.89B | $3.01B | $2.67B | $2.30B | $2.46B | $2.00B | $2.20B | $2.21B | $2.10B | $2.12B |
| Cost of revenue | $2.42B | $1.80B | $1.59B | $1.47B | $1.52B | $1.25B | $1.34B | $1.34B | $1.26B | $1.28B |
| Gross profit | $1.47B | $1.21B | $1.08B | $822.9M | $941.9M | $749.4M | $865.8M | $876.1M | $841.9M | $835.8M |
| R&D | $78.5M | $66.1M | $55.2M | $45.6M | $48.6M | $43.5M | $48.2M | $45.6M | $42.5M | $40.6M |
| SG&A | $773.8M | $615.9M | $557.3M | $468.3M | $537.9M | $447.0M | $484.5M | $519.7M | $483.3M | $462.4M |
| Operating income | $616.8M | $527.1M | $462.7M | $309.0M | $355.4M | $38.4M | $333.1M | $310.8M | $316.1M | $332.8M |
| Interest expense | $75.0M | $106.0M | $79.4M | $31.2M | $32.3M | $36.4M | $44.7M | $31.2M | $200.0K | $1.4M |
| Pre-tax income | $550.0M | $429.2M | $375.3M | $336.3M | $320.7M | -$9.5M | $257.4M | $268.7M | $313.3M | $315.0M |
| Income tax | $121.5M | $188.4M | $84.4M | $43.2M | $47.8M | $37.7M | $34.7M | $37.9M | $48.4M | $55.9M |
| Net income | $710.2M | $331.8M | $567.1M | $399.8M | $272.9M | -$47.2M | $222.7M | $230.8M | $361.7M | $259.1M |
| EPS, basic | 4.36 | 2.00 | 3.42 | 2.40 | 1.63 | -0.28 | 1.30 | 1.29 | 2.02 | — |
| EPS, diluted | 4.31 | 1.97 | 3.37 | 2.38 | 1.61 | -0.28 | 1.29 | 1.28 | 2.00 | — |
| Shares, diluted (wtd. avg.) | 164.6M | 168.2M | 168.2M | 168.3M | 169.7M | 169.6M | 173.0M | 180.8M | 181.2M | 181.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $237.5M | $131.2M | $179.6M | $290.0M | $43.8M | $122.5M | $106.4M | $159.0M | $26.9M | $21.5M |
| Inventory | $471.9M | $360.3M | $360.2M | $346.7M | $321.9M | $235.2M | $244.7M | $228.2M | $222.3M | — |
| Total current assets | $1.64B | $1.39B | $1.34B | $1.23B | $911.5M | $764.4M | $798.7M | $846.5M | $732.6M | — |
| Property, plant and equipment | $434.5M | $347.9M | $319.9M | $289.2M | $291.1M | $289.4M | $284.5M | $264.8M | $265.8M | — |
| Goodwill | $2.68B | $2.22B | $1.86B | $1.47B | $2.19B | $2.10B | $2.28B | $2.23B | $2.24B | $2.22B |
| Other intangibles | $1.88B | $1.59B | $1.35B | $1.07B | $1.14B | $1.11B | $1.16B | $1.17B | $1.24B | — |
| Total assets | $6.85B | $6.73B | $6.16B | $4.90B | $4.67B | $4.37B | $4.64B | $4.55B | $4.72B | $4.49B |
| Accounts payable | $358.9M | $280.1M | $239.8M | $252.1M | $261.0M | $171.1M | $187.1M | $186.4M | $174.1M | — |
| Short-term debt | $13.8M | $37.5M | $31.9M | $15.0M | $5.0M | $20.0M | $17.5M | $12.5M | $0 | — |
| Total current liabilities | $1.00B | $801.6M | $733.6M | $649.5M | $636.3M | $450.0M | $462.2M | $461.7M | $390.9M | — |
| Long-term debt | $1.55B | $2.12B | $1.75B | $1.07B | $994.2M | $928.0M | $1.05B | $929.2M | $0 | — |
| Total liabilities | $3.12B | $3.50B | $3.02B | $2.17B | $2.18B | $1.96B | $2.05B | $1.87B | $933.7M | — |
| Retained earnings | $1.69B | $1.11B | $905.3M | $457.3M | $174.5M | $20.7M | $186.7M | $83.4M | $0 | — |
| Total equity | $3.73B | $3.24B | $3.14B | $2.73B | $2.50B | $2.41B | $2.59B | $2.69B | $3.79B | $3.49B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $465.2M | $643.1M | $528.1M | $394.6M | $373.3M | $344.0M | $336.3M | $343.5M | $409.7M | $364.0M |
| Depreciation and amortisation | $60.7M | $51.3M | $43.7M | $36.1M | $40.9M | $38.4M | $35.4M | $36.2M | $36.5M | $34.4M |
| Stock-based compensation | $37.5M | $27.3M | $21.8M | $23.3M | $16.6M | $13.9M | $16.1M | $12.8M | $14.6M | $13.4M |
| Capital expenditure | $93.3M | $74.0M | $65.6M | $40.5M | $39.5M | $40.0M | $38.8M | $39.5M | $31.8M | $74.5M |
| Investing cash flow | $520.8M | -$758.4M | -$1.16B | -$52.5M | -$274.0M | -$65.0M | -$160.3M | -$39.1M | -$41.2M | -$68.6M |
| Financing cash flow | -$968.4M | $146.2M | $516.7M | -$82.1M | -$166.8M | -$272.5M | -$226.4M | -$166.6M | -$359.5M | -$308.9M |
| Dividends paid | $130.4M | $126.8M | $116.8M | $117.0M | $117.7M | $119.0M | $120.7M | $62.9M | $0 | $0 |
| Buybacks | $253.1M | $100.0M | $60.8M | $65.9M | $111.5M | $43.2M | $235.7M | $56.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-008608.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.12B | $2.10B | $2.21B | $2.20B | $2.00B | $2.46B | $2.30B | $2.67B | $3.01B | $3.89B |
| Gross profit | $835.8M | $841.9M | $876.1M | $865.8M | $749.4M | $941.9M | $822.9M | $1.08B | $1.21B | $1.47B |
| Net income | $259.1M | $361.7M | $230.8M | $222.7M | -$47.2M | $272.9M | $399.8M | $567.1M | $331.8M | $710.2M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Results announced Item 2.02
- Results announced Item 2.02
- Results announced Item 2.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 3550
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