nVent Electric plc (NVT)

nVent Electric Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,398	3,264	2,909	2,462	1,999	2,204
Revenue Growth (YoY)	14.98%	12.19%	18.16%	23.19%	-9.32%	-0.43%
Cost of Revenue	2,003	1,922	1,812	1,520	1,249	1,338
Gross Profit	1,394	1,342	1,097	941.9	749.4	865.8
Selling, General & Admin	696.3	683.2	595.9	537.9	447	484.5
Research & Development	75.6	71.5	60.4	48.6	43.5	48.2
Other Operating Expenses	0	0	0	0	220.5	0
Operating Expenses	771.9	754.7	656.3	586.5	711	532.7
Operating Income	622.5	587.4	440.4	355.4	38.4	333.1
Interest Expense / Income	93.8	79.4	31.2	32.3	36.4	44.7
Other Expense / Income	8.5	8.5	-63.4	2.4	11.5	31
Pretax Income	520.2	499.5	472.6	320.7	-9.5	257.4
Income Tax	-58.2	-67.6	72.8	47.8	37.7	34.7
Net Income	578.4	567.1	399.8	272.9	-47.2	222.7
Net Income Growth	35.84%	41.85%	46.50%	-	-	-3.51%
Shares Outstanding (Basic)	166	166	166	168	170	172
Shares Outstanding (Diluted)	169	168	168	170	170	173
Shares Change	0.30%	-0.06%	-0.82%	0.06%	-1.97%	-4.31%
EPS (Basic)	3.49	3.42	2.40	1.63	-0.28	1.30
EPS (Diluted)	3.43	3.37	2.38	1.61	-0.28	1.29
EPS Growth	35.04%	41.60%	47.83%	-	-	0.78%
Free Cash Flow	486.3	464.6	350.7	334.4	306	303.8
Free Cash Flow Per Share	2.94	2.81	2.11	1.99	1.80	1.77
Dividend Per Share	0.715	0.700	0.700	0.700	0.700	0.700
Dividend Growth	2.14%	0%	0%	0%	0%	100.00%
Gross Margin	41.04%	41.12%	37.70%	38.26%	37.50%	39.28%
Operating Margin	18.32%	18.00%	15.14%	14.44%	1.92%	15.11%
Profit Margin	17.02%	17.38%	13.74%	11.08%	-2.36%	10.10%
Free Cash Flow Margin	14.31%	14.24%	12.06%	13.58%	15.31%	13.78%
Effective Tax Rate	-11.19%	-13.53%	15.40%	14.90%	-	13.48%
EBITDA	766.3	720.3	618	461.4	129.5	398.9
EBITDA Margin	22.55%	22.07%	21.24%	18.74%	6.48%	18.10%
Depreciation & Amortization	152.3	141.4	114.2	108.4	102.6	96.8
EBIT	614	578.9	503.8	353	26.9	302.1
EBIT Margin	18.07%	17.74%	17.32%	14.34%	1.35%	13.71%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).