nVent Electric Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	4,326	3,893	3,006	2,669	2,295	2,462
Revenue Growth (YoY)	40.30%	29.51%	12.63%	16.29%	-6.78%	23.19%
Cost of Revenue	2,725	2,424	1,797	1,594	1,472	1,520
Gross Profit	1,601	1,469	1,209	1,075	822.9	941.9
Selling, General & Admin	834.8	773.8	615.9	557.3	468.3	537.9
Research & Development	83.7	78.5	66.1	55.2	45.6	48.6
Total Operating Expenses	918.5	852.3	682	612.5	513.9	586.5
Operating Income	682.5	616.8	527.1	462.7	309	355.4
Interest Expense	-75.1	-75	-106	-79.4	-31.2	-32.3
Other Non-Operating Income (Expense)	8	8.2	8.1	-8	58.5	-2.4
Total Non-Operating Income (Expense)	-67.1	-66.8	-97.9	-87.4	27.3	-34.7
Pretax Income	1,052	550	429.2	375.3	336.3	320.7
Provision for Income Taxes	288.2	121.5	188.4	-84.4	43.2	47.8
Net Income	349.5	710.2	331.8	567.1	399.8	272.9
Earnings From Discontinued Operations	10	281.7	91	107.4	106.7	-
Net Income to Common	349.5	710.2	331.8	567.1	399.8	272.9
Net Income Growth	54.17%	114.05%	-41.49%	41.85%	46.50%	-
Shares Outstanding (Basic)	162	162	166	166	166	168
Shares Outstanding (Diluted)	164	165	168	168	168	170
Shares Change (YoY)	-2.46%	-2.14%	-	-0.06%	-0.83%	0.06%
EPS (Basic)	3.05	4.36	2.00	3.42	2.40	1.63
EPS (Diluted)	3.01	4.31	1.97	3.37	2.38	1.61
EPS Growth	-14.00%	118.78%	-41.54%	41.60%	47.83%	-
Shares Outstanding	161.72	161.73	165	165.1	165.3	166.1
Free Cash Flow	381.9	371.9	569.1	462.5	354.1	333.8
Free Cash Flow Growth	2.69%	-34.65%	23.05%	30.61%	6.08%	9.80%
Free Cash Flow Per Share	2.33	2.26	3.38	2.75	2.10	1.97
Dividends Per Share	0.810	0.800	0.760	0.700	0.700	0.700
Dividend Growth	1.25%	5.26%	8.57%	-	-	-
Gross Margin	37.01%	37.74%	40.22%	40.29%	35.85%	38.26%
Operating Margin	15.78%	15.84%	17.53%	17.34%	13.46%	14.44%
Profit Margin	7.85%	11.01%	8.01%	17.22%	12.77%	11.08%
FCF Margin	8.83%	9.55%	18.93%	17.33%	15.43%	13.56%
EBITDA	906.2	824.6	673.1	575.9	395.4	463.8
EBITDA Margin	20.95%	21.18%	22.39%	21.58%	17.23%	18.84%
EBIT	682.5	616.8	527.1	462.7	309	355.4
EBIT Margin	15.78%	15.84%	17.53%	17.34%	13.46%	14.44%
Effective Tax Rate	27.40%	22.09%	43.90%	-22.49%	12.85%	14.90%

SEC Filings: 10-K · 10-Q