nVent Electric Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	3,264	2,909	2,462	1,999	2,204	2,214	2,098	2,116	1,809
Revenue Growth (YoY)	12.19%	18.16%	23.19%	-9.32%	-0.43%	5.52%	-0.86%	16.95%	-
Cost of Revenue	1,922	1,812	1,520	1,249	1,338	1,338	1,256	1,280	1,139
Gross Profit	1,342	1,097	941.9	749.4	865.8	876.1	841.9	835.8	670.1
Selling, General & Admin	683.2	595.9	537.9	447	484.5	519.7	483.3	462.4	373.8
Research & Development	71.5	60.4	48.6	43.5	48.2	45.6	42.5	40.6	29.3
Other Operating Expenses	0	0	0	220.5	0	10.9	2.6	16.4	0
Operating Expenses	754.7	656.3	586.5	711	532.7	576.2	528.4	519.4	403.1
Operating Income	587.4	440.4	355.4	38.4	333.1	299.9	313.5	316.4	267
Interest Expense / Income	79.4	31.2	32.3	36.4	44.7	31.2	0.2	1.4	1.1
Other Expense / Income	8.5	-63.4	2.4	11.5	31	-	-	-	-
Pretax Income	499.5	472.6	320.7	-9.5	257.4	268.7	313.3	315	265.9
Income Tax	-67.6	72.8	47.8	37.7	34.7	37.9	-48.4	55.9	55.8
Net Income	567.1	399.8	272.9	-47.2	222.7	230.8	361.7	259.1	210.1
Net Income Growth	41.85%	46.50%	-	-	-3.51%	-36.19%	39.60%	23.32%	-
Shares Outstanding (Basic)	166	166	168	170	172	179	179	179	-
Shares Outstanding (Diluted)	168	168	170	170	173	181	181	181	-
Shares Change	-0.06%	-0.82%	0.06%	-1.97%	-4.31%	-0.22%	-	-	-
EPS (Basic)	3.42	2.40	1.63	-0.28	1.30	1.29	2.02	1.45	-
EPS (Diluted)	3.37	2.38	1.61	-0.28	1.29	1.28	2.00	1.43	-
EPS Growth	41.60%	47.83%	-	-	0.78%	-36.00%	39.86%	-	-
Free Cash Flow	464.6	350.7	334.4	306	303.8	306.4	382.1	295.4	297.1
Free Cash Flow Per Share	2.81	2.11	1.99	1.80	1.77	1.72	2.13	1.65	-
Dividend Per Share	0.700	0.700	0.700	0.700	0.700	0.350	-	-	-
Dividend Growth	0%	0%	0%	0%	100.00%	-	-	-	-
Gross Margin	41.12%	37.70%	38.26%	37.50%	39.28%	39.58%	40.13%	39.50%	37.04%
Operating Margin	18.00%	15.14%	14.44%	1.92%	15.11%	13.55%	14.94%	14.95%	14.76%
Profit Margin	17.38%	13.74%	11.08%	-2.36%	10.10%	10.43%	17.24%	12.24%	11.61%
Free Cash Flow Margin	14.24%	12.06%	13.58%	15.31%	13.78%	13.84%	18.21%	13.96%	16.42%
Effective Tax Rate	-13.53%	15.40%	14.90%	-	13.48%	14.10%	-15.45%	17.75%	20.99%
EBITDA	720.3	618	461.4	129.5	398.9	397	411.4	411.6	329.9
EBITDA Margin	22.07%	21.24%	18.74%	6.48%	18.10%	17.93%	19.61%	19.45%	18.23%
Depreciation & Amortization	141.4	114.2	108.4	102.6	96.8	97.1	97.9	95.2	62.9
EBIT	578.9	503.8	353	26.9	302.1	299.9	313.5	316.4	267
EBIT Margin	17.74%	17.32%	14.34%	1.35%	13.71%	13.55%	14.94%	14.95%	14.76%

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).