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	773.8	615.9	557.3	468.3	537.9
Research & Development	78.5	66.1	55.2	45.6	48.6
Total Operating Expenses	852.3	682	612.5	513.9	586.5
Operating Income	616.8	527.1	462.7	309	355.4
Interest Expense	-75	-106	-79.4	-31.2	-32.3
Other Non-Operating Income (Expense)	8.2	8.1	-28.6	58.5	-2.4
Total Non-Operating Income (Expense)	-66.8	-97.9	-108	27.3	-34.7
Pretax Income	550	429.2	375.3	336.3	320.7
Provision for Income Taxes	121.5	188.4	-84.4	43.2	47.8
Net Income	710.2	331.8	567.1	399.8	272.9
Earnings From Discontinued Operations	281.7	91	107.4	106.7	-
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)	4.36	2.00	3.42	2.40	1.63
EPS (Diluted)	4.31	1.97	3.37	2.38	1.61
EPS Growth	118.78%	-41.54%	41.60%	47.83%	-
Shares Outstanding	161.73	165	165.1	165.3	166.1
Free Cash Flow	371.9	569.1	462.5	354.1	333.8
Free Cash Flow Growth	-34.65%	23.05%	30.61%	6.08%	9.80%
Free Cash Flow Per Share	2.26	3.38	2.75	2.10	1.97
Dividends 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	15.84%	17.53%	17.34%	13.46%	14.44%
Profit Margin	11.01%	8.01%	17.22%	12.77%	11.08%
FCF Margin	9.55%	18.93%	17.33%	15.43%	13.56%
EBITDA	824.6	673.1	575.9	395.4	463.8
EBITDA Margin	21.18%	22.39%	21.58%	17.23%	18.84%
EBIT	616.8	527.1	462.7	309	355.4
EBIT Margin	15.84%	17.53%	17.34%	13.46%	14.44%
Effective Tax Rate	22.09%	43.90%	-22.49%	12.85%	14.90%

Updated Feb 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q