TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 809.3M
Gross Profit 313.7M 38.76%
Operating Income 130.0M 16.06%
Net Income 360.7M 44.57%
EPS (Diluted) $2.16

Balance Sheet Metrics

Total Assets 6.7B
Total Liabilities 3.1B
Shareholders Equity 3.6B
Debt to Equity 0.86

Cash Flow Metrics

Operating Cash Flow 63.9M
Free Cash Flow 39.1M

Revenue & Profitability Trend

nVent Electric plc Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i3.0B3.3B2.9B2.5B2.0B
Cost of Goods Sold i1.8B1.9B1.8B1.5B1.2B
Gross Profit i1.2B1.3B1.1B941.9M749.4M
Gross Margin % i40.2%41.1%37.7%38.3%37.5%
Operating Expenses
Research & Development i66.1M71.5M60.4M48.6M43.5M
Selling, General & Administrative i615.9M683.2M595.9M537.9M447.0M
Other Operating Expenses i-----
Total Operating Expenses i682.0M754.7M656.3M586.5M490.5M
Operating Income i527.1M587.4M440.4M355.4M258.9M
Operating Margin % i17.5%18.0%15.1%14.4%13.0%
Non-Operating Items
Interest Income i-----
Interest Expense i106.0M79.4M31.2M32.3M36.4M
Other Non-Operating Income8.1M-8.5M63.4M-2.4M-232.0M
Pre-tax Income i429.2M499.5M472.6M320.7M-9.5M
Income Tax i188.4M-67.6M72.8M47.8M37.7M
Effective Tax Rate % i43.9%-13.5%15.4%14.9%0.0%
Net Income i331.8M567.1M399.8M272.9M-47.2M
Net Margin % i11.0%17.4%13.7%11.1%-2.4%
Key Metrics
EBITDA i681.2M710.0M618.0M476.6M350.0M
EPS (Basic) i$2.00$3.42$2.40$1.63$-0.28
EPS (Diluted) i$1.97$3.37$2.38$1.61$-0.28
Basic Shares Outstanding i165500000165600000166300000167900000169600000
Diluted Shares Outstanding i165500000165600000166300000167900000169600000

Income Statement Trend

nVent Electric plc Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i131.2M185.1M297.5M49.5M122.5M
Short-term Investments i-----
Accounts Receivable i473.1M589.5M472.5M438.1M313.8M
Inventory i360.3M441.3M346.7M321.9M235.2M
Other Current Assets14.8M20.9M3.4M1.3M4.1M
Total Current Assets i1.4B1.3B1.2B911.5M764.4M
Non-Current Assets
Property, Plant & Equipment i107.2M118.7M76.4M79.1M45.6M
Goodwill i6.0B6.7B5.4B5.5B5.3B
Intangible Assets i1.6B1.5B1.1B1.1B1.1B
Long-term Investments-----
Other Non-Current Assets1.1B228.8M63.2M62.0M63.0M
Total Non-Current Assets i5.3B4.8B3.7B3.8B3.6B
Total Assets i6.7B6.2B4.9B4.7B4.4B
Liabilities
Current Liabilities
Accounts Payable i280.1M275.7M252.1M261.0M171.1M
Short-term Debt i59.9M57.5M32.7M22.4M34.2M
Current Portion of Long-term Debt-----
Other Current Liabilities178.5M62.6M62.9M64.1M60.3M
Total Current Liabilities i801.6M733.6M649.5M636.3M450.0M
Non-Current Liabilities
Long-term Debt i2.2B1.8B1.1B1.1B963.7M
Deferred Tax Liabilities i242.7M204.4M199.6M210.3M230.1M
Other Non-Current Liabilities40.1M33.8M14.5M11.0M22.9M
Total Non-Current Liabilities i2.7B2.3B1.5B1.5B1.5B
Total Liabilities i3.5B3.0B2.2B2.2B2.0B
Equity
Common Stock i1.7M1.7M1.7M1.7M1.7M
Retained Earnings i1.1B905.3M457.3M174.5M20.7M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i3.2B3.1B2.7B2.5B2.4B
Key Metrics
Total Debt i2.3B1.9B1.2B1.1B997.9M
Working Capital i587.7M602.5M579.7M275.2M314.4M

Balance Sheet Composition

nVent Electric plc Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i240.8M567.1M399.8M272.9M-47.2M
Depreciation & Amortization i146.0M141.4M114.2M108.4M102.6M
Stock-Based Compensation i27.3M23.5M25.0M16.6M13.9M
Working Capital Changes i2.4M-32.6M-63.9M-5.0M46.7M
Operating Cash Flow i486.8M517.9M456.0M367.6M106.3M
Investing Activities
Capital Expenditures i500.0K7.5M2.0M600.0K2.0M
Acquisitions i-677.7M-1.1B-8.6M-235.1M-27.0M
Investment Purchases i-----
Investment Sales i400.0K18.9M00-
Investing Cash Flow i-676.8M-1.1B-6.6M-234.5M-25.0M
Financing Activities
Share Repurchases i-100.0M-60.8M-65.9M-111.5M-43.2M
Dividends Paid i-126.8M-116.8M-117.0M-117.7M-119.0M
Debt Issuance i500.0M800.0M200.0M300.0M0
Debt Repayment i-126.5M-101.1M-10.0M-333.9M-17.5M
Financing Cash Flow i146.2M516.7M-82.1M-166.8M-272.5M
Free Cash Flow i569.1M457.1M348.7M333.8M304.0M
Net Change in Cash i-43.8M-59.1M367.3M-33.7M-191.2M

Cash Flow Trend

nVent Electric plc Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 58.49
Forward P/E 28.42
Price to Book 4.12
Price to Sales 4.38
PEG Ratio 39.19

Profitability Ratios

Profit Margin 17.72%
Operating Margin 16.59%
Return on Equity 7.53%
Return on Assets 5.23%

Financial Health

Current Ratio 1.67
Debt to Equity 53.96
Beta 1.35

Per Share Data

EPS (TTM) $1.54
Book Value per Share $21.86
Revenue per Share $20.13

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
nvt14.5B58.494.127.53%17.72%53.96
Vertiv Holdings 49.3B61.7515.7634.84%8.93%101.76
Hubbell 22.7B27.786.5125.47%14.76%57.18
Bloom Energy 10.5B407.5517.614.68%1.45%246.09
Acuity Brands 9.6B24.753.7016.60%9.63%42.01
Advanced Energy 5.6B65.314.457.05%5.13%54.68

Financial data is updated regularly. All figures are in the company's reporting currency.