nVent Electric plc (NVT)

nVent Electric Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,579	3,006	2,669	2,295	2,462	1,999
Revenue Growth (YoY)	21.54%	12.63%	16.29%	-6.78%	23.19%	-9.32%
Cost of Revenue	2,199	1,797	1,576	1,472	1,520	1,249
Gross Profit	1,380	1,209	1,093	822.9	941.9	749.4
Selling, General & Admin	731.4	613.4	571.7	406.4	517.1	437.6
Research & Development	74.4	66.1	55.2	45.6	48.6	43.5
Operating Expenses	805.8	679.5	626.9	452	565.7	481.1
Operating Income	573.9	529.6	466	370.9	376.2	268.3
Interest Expense	-85.3	-106	-79.4	-31.2	-32.3	-36.4
Other Non Operating Income (Expenses)	12.5	12.6	-	2.4	0.8	-3.2
EBT Excluding Unusual Items	501.1	436.2	386.6	342.1	344.7	228.7
Merger & Restructuring Charges	-8.3	-7	-21.6	-5.8	-8.8	-17.7
Impairment of Goodwill	-	-	-	-	-	-212.3
Gain (Loss) on Sale of Investments	-	-	10.3	-	-	-
Asset Writedown	-	-	-	-	-	-8.2
Other Unusual Items	-	-	-	-	-15.2	-
Pretax Income	492.8	429.2	375.3	336.3	320.7	-9.5
Income Tax Expense	196.6	188.4	-84.4	43.2	47.8	37.7
Earnings From Continuing Operations	296.2	240.8	459.7	293.1	272.9	-47.2
Earnings From Discontinued Operations	305.9	91	107.4	106.7	-	-
Net Income	602.1	331.8	567.1	399.8	272.9	-47.2
Net Income to Common	602.1	331.8	567.1	399.8	272.9	-47.2
Net Income Growth	4.53%	-41.49%	41.85%	46.50%	-	-
Shares Outstanding (Basic)	163	166	166	166	168	170
Shares Outstanding (Diluted)	165	168	168	168	170	170
Shares Change (YoY)	-1.78%	-	-0.06%	-0.83%	0.06%	-1.97%
EPS (Basic)	3.69	2.00	3.42	2.40	1.63	-0.28
EPS (Diluted)	3.64	1.97	3.37	2.37	1.61	-0.28
EPS Growth	6.36%	-41.49%	41.89%	47.45%	-	-
Free Cash Flow	404.3	569.1	462.5	354.1	333.8	304
Free Cash Flow Per Share	2.44	3.38	2.75	2.10	1.97	1.79
Dividend Per Share	0.790	0.760	0.700	0.700	0.700	0.700
Dividend Growth	6.04%	8.57%	-	-	-	-
Gross Margin	38.55%	40.22%	40.95%	35.85%	38.26%	37.50%
Operating Margin	16.04%	17.62%	17.46%	16.16%	15.28%	13.42%
Profit Margin	16.83%	11.04%	21.25%	17.42%	11.08%	-2.36%
Free Cash Flow Margin	11.30%	18.93%	17.33%	15.43%	13.56%	15.21%
EBITDA	766.4	675.6	579.2	457.3	484.6	370.9
EBITDA Margin	21.42%	22.47%	21.70%	19.93%	19.68%	18.56%
D&A For EBITDA	192.5	146	113.2	86.4	108.4	102.6
EBIT	573.9	529.6	466	370.9	376.2	268.3
EBIT Margin	16.04%	17.62%	17.46%	16.16%	15.28%	13.42%
Effective Tax Rate	39.89%	43.90%	-	12.85%	14.90%	-

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q