nVent Electric Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,893	3,006	2,669	2,295	2,462
Revenue Growth (YoY)	29.51%	12.63%	16.29%	-6.78%	23.19%
Cost of Revenue	2,424	1,797	1,594	1,472	1,520
Gross Profit	1,469	1,209	1,075	822.9	941.9
Selling, General & Admin	757.9	613.4	571.7	406.4	517.1
Research & Development	78.5	66.1	55.2	45.6	48.6
Operating Expenses	836.4	679.5	626.9	452	565.7
Operating Income	632.7	529.6	448.3	370.9	376.2
Interest Expense	-75	-106	-79.4	-31.2	-32.3
Other Non Operating Income (Expenses)	-0.2	12.6	-	2.4	0.8
EBT Excluding Unusual Items	557.5	436.2	368.9	342.1	344.7
Merger & Restructuring Charges	-7.5	-7	-3.9	-5.8	-8.8
Gain (Loss) on Sale of Investments	-	-	10.3	-	-
Other Unusual Items	-	-	-	-	-15.2
Pretax Income	550	429.2	375.3	336.3	320.7
Income Tax Expense	121.5	188.4	-84.4	43.2	47.8
Earnings From Continuing Operations	428.5	240.8	459.7	293.1	272.9
Earnings From Discontinued Operations	281.7	91	107.4	106.7	-
Net Income	710.2	331.8	567.1	399.8	272.9
Net Income to Common	710.2	331.8	567.1	399.8	272.9
Net Income Growth	114.05%	-41.49%	41.85%	46.50%	-
Shares Outstanding (Basic)	162	166	166	166	168
Shares Outstanding (Diluted)	165	168	168	168	170
Shares Change (YoY)	-2.14%	-	-0.06%	-0.83%	0.06%
EPS (Basic)	4.37	2.00	3.42	2.40	1.63
EPS (Diluted)	4.31	1.97	3.37	2.37	1.61
EPS Growth	118.74%	-41.49%	41.89%	47.45%	-
Free Cash Flow	371.9	569.1	462.5	354.1	333.8
Free Cash Flow Per Share	2.26	3.38	2.75	2.10	1.97
Dividend Per Share	0.800	0.760	0.700	0.700	0.700
Dividend Growth	5.26%	8.57%	-	-	-
Gross Margin	37.74%	40.22%	40.29%	35.85%	38.26%
Operating Margin	16.25%	17.62%	16.80%	16.16%	15.28%
Profit Margin	18.24%	11.04%	21.25%	17.42%	11.08%
Free Cash Flow Margin	9.55%	18.93%	17.33%	15.43%	13.56%
EBITDA	840.5	675.6	561.5	457.3	484.6
EBITDA Margin	21.59%	22.47%	21.04%	19.93%	19.68%
D&A For EBITDA	207.8	146	113.2	86.4	108.4
EBIT	632.7	529.6	448.3	370.9	376.2
EBIT Margin	16.25%	17.62%	16.80%	16.16%	15.28%
Effective Tax Rate	22.09%	43.90%	-	12.85%	14.90%

Updated Feb 6, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q