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NVT

nVent Electric plc

NVT

nVent Electric plc • NYSE
$107.27 ▲ 0.69% (+0.74)
Market Cap $17.31 B
52w High $117.52
52w Low $41.70
Dividend Yield 0.80%
P/E 59.59
Volume 786.63K
Outstanding Shares 161.36M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.054B ▲ $228.4M ▲ $121.2M ▲ 11.499% ▲ $0.75 ▲ $71.6M ▼
Q2-2025 $963.1M ▲ $215.1M ▲ $109.5M ▼ 11.37% ▼ $0.68 ▼ $205.9M ▲
Q1-2025 $809.3M ▲ $183.7M ▲ $360.7M ▲ 44.569% ▲ $2.18 ▲ $170.9M ▲
Q4-2024 $752.2M ▼ $182.4M ▲ $10.7M ▼ 1.422% ▼ $0.065 ▼ $170M ▼
Q3-2024 $782M $177.9M $105M 13.427% $0.63 $171.8M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $126.9M ▲ $6.766B ▲ $3.137B ▼ $3.629B ▲
Q2-2025 $125.8M ▼ $6.742B ▲ $3.223B ▲ $3.519B ▼
Q1-2025 $1.343B ▲ $6.726B ▼ $3.11B ▼ $3.616B ▲
Q4-2024 $131.2M ▼ $6.735B ▼ $3.497B ▼ $3.238B ▼
Q3-2024 $137.1M $6.918B $3.634B $3.284B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $397.7M ▲ $219.5M ▲ $-21.9M ▲ $-195.6M ▲ $1.1M ▲ $200.9M ▲
Q2-2025 $106.7M ▲ $-16.9M ▼ $-990.8M ▼ $-230.4M ▲ $-1.217B ▼ $-33.8M ▼
Q1-2025 $87M ▲ $60.2M ▼ $1.567B ▲ $-483.6M ▼ $1.212B ▲ $39.1M ▼
Q4-2024 $-16.5M ▼ $224.6M ▲ $-28.1M ▲ $-131.9M ▼ $-5.9M ▲ $198.1M ▲
Q3-2024 $78.9M $197.7M $-696M $361.3M $-136.9M $182M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Electrical and Fastening Solutions Segment
Electrical and Fastening Solutions Segment
 $590.00M ▲$300.00M ▼$330.00M ▲$340.00M ▲
Enclosures Segment
Enclosures Segment
 $910.00M ▲$510.00M ▼$630.00M ▲$720.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past several years, nVent has shown a clear pattern of growth and improving profitability. Sales have climbed steadily, and profit margins have widened, suggesting better pricing power, product mix, and cost control. The business moved from a small loss in 2020 to solid, consistent profits in later years. One nuance: reported profit was unusually strong in 2023 and then stepped down in 2024 even as sales and operating profits continued to rise. That pattern often points to one‑time gains, tax effects, or higher interest and integration costs rather than a fundamental slowdown, but it’s a sign to look carefully at the quality and sources of earnings, not just the headline trend.

Balance Sheet

Balance Sheet The balance sheet shows a company that has scaled up meaningfully, with total assets and shareholders’ equity both rising over time. This is consistent with organic growth plus acquisitions. Debt has also increased, and now represents a more meaningful part of the capital structure than a few years ago. Equity has grown alongside it, which helps keep the balance between debt and ownership capital reasonable, but the company is clearly more leveraged than in the past. Cash on hand is modest relative to the overall size of the business, which is typical for an industrial manufacturer but means liquidity and debt maturity schedules matter. Overall, the balance sheet looks growth‑oriented, with some added financial risk compared with earlier years.

Cash Flow

Cash Flow nVent’s cash flow profile is a key strength. Operating cash generation has grown steadily and closely tracks the improvement in profits, which suggests earnings are backed by real cash rather than accounting noise. Free cash flow has also risen over time, even after funding regular investment in the business. Capital spending appears disciplined rather than aggressive, indicating a focus on efficiency and returns. The combination of growing free cash flow and manageable investment needs gives the company flexibility to handle debt, acquisitions, and shareholder returns, provided business conditions remain stable.

Competitive Edge

Competitive Edge nVent occupies a solid niche in electrical connection and protection, with a focus on “connect and protect” solutions rather than generic components. Its position is supported by trusted brands, a broad and integrated product portfolio, and deep relationships with distributors and customers. Once its products are specified into designs, customers face switching costs, which helps nVent keep business over long periods. The company is also aligned with attractive themes such as electrification, data centers, and renewable energy, which can support demand. At the same time, this is still a competitive industrial space with capable rivals, so nVent’s advantage looks durable but not unassailable—best described as a steady, “narrow moat” position rather than a dominant monopoly.

Innovation and R&D

Innovation and R&D Innovation is a central part of nVent’s strategy. The company is leaning into fast‑growing areas like data centers, AI computing, and energy storage with advanced liquid cooling systems and modular, prefabricated infrastructure solutions. Its portfolio of well‑known brands gives it a strong platform for continuous product upgrades and tailored engineering for customers. Management appears to be actively refreshing the product lineup each year and using acquisitions to add technologies and market access. There is a clear emphasis on solutions that support electrification, efficiency, and sustainability, including grid modernization and battery cooling. The main execution risk is keeping pace with quickly evolving requirements in data centers and energy markets, but the current roadmap suggests a proactive, forward‑looking R&D approach.

Summary

Overall, nVent looks like a scaled, growing industrial company that has improved both its profitability and its cash generation over the past several years. The business has moved from a more cyclical, modest-margin profile toward a higher-margin, solution‑oriented model underpinned by recognized brands and sticky customer relationships. The balance sheet shows meaningful expansion, funded partly with higher debt, which raises sensitivity to interest rates and downturns but is offset by healthy free cash flow. Strategically, nVent is positioned in attractive end markets—data centers, electrification, and renewable energy—and is investing in innovation around liquid cooling, modular infrastructure, and sustainable grid solutions. The key things to watch are how well it manages its growing leverage, the sustainability of recent margin gains, and its ability to maintain a technological edge in the fast-moving data and energy infrastructure landscape.

NEWS

November 21, 2025 · 12:29 PM UTC

nVent Electric plc to Participate in the Goldman Sachs Industrials and Materials Conference

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November 17, 2025 · 4:15 PM UTC

nVent Unveils New Liquid Cooling and Power Portfolio at SC25

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November 5, 2025 · 8:58 AM UTC

Nortec to Acquire the Barker Bay Gold Property and Appoints Mr. Ryan Hrkac, P. Geo to the Position of Chief Executive Officer

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October 31, 2025 · 6:32 AM UTC

nVent Electric plc Third Quarter 2025 Financial Results Available on Company's Website

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October 17, 2025 · 1:01 PM UTC

nVent Electric plc to Report Third Quarter 2025 Financial Results on October 31

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