
nVent Electric plc (NVT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 3.0B | 3.3B | 2.9B | 2.5B | 2.0B |
Cost of Goods Sold | 1.8B | 1.9B | 1.8B | 1.5B | 1.2B |
Gross Profit | 1.2B | 1.3B | 1.1B | 941.9M | 749.4M |
Gross Margin % | 40.2% | 41.1% | 37.7% | 38.3% | 37.5% |
Operating Expenses | |||||
Research & Development | 66.1M | 71.5M | 60.4M | 48.6M | 43.5M |
Selling, General & Administrative | 615.9M | 683.2M | 595.9M | 537.9M | 447.0M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 682.0M | 754.7M | 656.3M | 586.5M | 490.5M |
Operating Income | 527.1M | 587.4M | 440.4M | 355.4M | 258.9M |
Operating Margin % | 17.5% | 18.0% | 15.1% | 14.4% | 13.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 106.0M | 79.4M | 31.2M | 32.3M | 36.4M |
Other Non-Operating Income | 8.1M | -8.5M | 63.4M | -2.4M | -232.0M |
Pre-tax Income | 429.2M | 499.5M | 472.6M | 320.7M | -9.5M |
Income Tax | 188.4M | -67.6M | 72.8M | 47.8M | 37.7M |
Effective Tax Rate % | 43.9% | -13.5% | 15.4% | 14.9% | 0.0% |
Net Income | 331.8M | 567.1M | 399.8M | 272.9M | -47.2M |
Net Margin % | 11.0% | 17.4% | 13.7% | 11.1% | -2.4% |
Key Metrics | |||||
EBITDA | 681.2M | 710.0M | 618.0M | 476.6M | 350.0M |
EPS (Basic) | $2.00 | $3.42 | $2.40 | $1.63 | $-0.28 |
EPS (Diluted) | $1.97 | $3.37 | $2.38 | $1.61 | $-0.28 |
Basic Shares Outstanding | 165500000 | 165600000 | 166300000 | 167900000 | 169600000 |
Diluted Shares Outstanding | 165500000 | 165600000 | 166300000 | 167900000 | 169600000 |
Income Statement Trend
nVent Electric plc Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 131.2M | 185.1M | 297.5M | 49.5M | 122.5M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 473.1M | 589.5M | 472.5M | 438.1M | 313.8M |
Inventory | 360.3M | 441.3M | 346.7M | 321.9M | 235.2M |
Other Current Assets | 14.8M | 20.9M | 3.4M | 1.3M | 4.1M |
Total Current Assets | 1.4B | 1.3B | 1.2B | 911.5M | 764.4M |
Non-Current Assets | |||||
Property, Plant & Equipment | 107.2M | 118.7M | 76.4M | 79.1M | 45.6M |
Goodwill | 6.0B | 6.7B | 5.4B | 5.5B | 5.3B |
Intangible Assets | 1.6B | 1.5B | 1.1B | 1.1B | 1.1B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 1.1B | 228.8M | 63.2M | 62.0M | 63.0M |
Total Non-Current Assets | 5.3B | 4.8B | 3.7B | 3.8B | 3.6B |
Total Assets | 6.7B | 6.2B | 4.9B | 4.7B | 4.4B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 280.1M | 275.7M | 252.1M | 261.0M | 171.1M |
Short-term Debt | 59.9M | 57.5M | 32.7M | 22.4M | 34.2M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 178.5M | 62.6M | 62.9M | 64.1M | 60.3M |
Total Current Liabilities | 801.6M | 733.6M | 649.5M | 636.3M | 450.0M |
Non-Current Liabilities | |||||
Long-term Debt | 2.2B | 1.8B | 1.1B | 1.1B | 963.7M |
Deferred Tax Liabilities | 242.7M | 204.4M | 199.6M | 210.3M | 230.1M |
Other Non-Current Liabilities | 40.1M | 33.8M | 14.5M | 11.0M | 22.9M |
Total Non-Current Liabilities | 2.7B | 2.3B | 1.5B | 1.5B | 1.5B |
Total Liabilities | 3.5B | 3.0B | 2.2B | 2.2B | 2.0B |
Equity | |||||
Common Stock | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M |
Retained Earnings | 1.1B | 905.3M | 457.3M | 174.5M | 20.7M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 3.2B | 3.1B | 2.7B | 2.5B | 2.4B |
Key Metrics | |||||
Total Debt | 2.3B | 1.9B | 1.2B | 1.1B | 997.9M |
Working Capital | 587.7M | 602.5M | 579.7M | 275.2M | 314.4M |
Balance Sheet Composition
nVent Electric plc Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 240.8M | 567.1M | 399.8M | 272.9M | -47.2M |
Depreciation & Amortization | 146.0M | 141.4M | 114.2M | 108.4M | 102.6M |
Stock-Based Compensation | 27.3M | 23.5M | 25.0M | 16.6M | 13.9M |
Working Capital Changes | 2.4M | -32.6M | -63.9M | -5.0M | 46.7M |
Operating Cash Flow | 486.8M | 517.9M | 456.0M | 367.6M | 106.3M |
Investing Activities | |||||
Capital Expenditures | 500.0K | 7.5M | 2.0M | 600.0K | 2.0M |
Acquisitions | -677.7M | -1.1B | -8.6M | -235.1M | -27.0M |
Investment Purchases | - | - | - | - | - |
Investment Sales | 400.0K | 18.9M | 0 | 0 | - |
Investing Cash Flow | -676.8M | -1.1B | -6.6M | -234.5M | -25.0M |
Financing Activities | |||||
Share Repurchases | -100.0M | -60.8M | -65.9M | -111.5M | -43.2M |
Dividends Paid | -126.8M | -116.8M | -117.0M | -117.7M | -119.0M |
Debt Issuance | 500.0M | 800.0M | 200.0M | 300.0M | 0 |
Debt Repayment | -126.5M | -101.1M | -10.0M | -333.9M | -17.5M |
Financing Cash Flow | 146.2M | 516.7M | -82.1M | -166.8M | -272.5M |
Free Cash Flow | 569.1M | 457.1M | 348.7M | 333.8M | 304.0M |
Net Change in Cash | -43.8M | -59.1M | 367.3M | -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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
nvt | 14.5B | 58.49 | 4.12 | 7.53% | 17.72% | 53.96 |
Vertiv Holdings | 49.3B | 61.75 | 15.76 | 34.84% | 8.93% | 101.76 |
Hubbell | 22.7B | 27.78 | 6.51 | 25.47% | 14.76% | 57.18 |
Bloom Energy | 10.5B | 407.55 | 17.61 | 4.68% | 1.45% | 246.09 |
Acuity Brands | 9.6B | 24.75 | 3.70 | 16.60% | 9.63% | 42.01 |
Advanced Energy | 5.6B | 65.31 | 4.45 | 7.05% | 5.13% | 54.68 |
Financial data is updated regularly. All figures are in the company's reporting currency.