nVent Electric plc (NVT) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.0B
Gross Profit
1.2B
40.22%
Operating Income
527.1M
17.53%
Net Income
331.8M
11.04%
EPS (Diluted)
$1.97
Balance Sheet Metrics
Total Assets
6.7B
Total Liabilities
3.5B
Shareholders Equity
3.2B
Debt to Equity
1.08
Cash Flow Metrics
Operating Cash Flow
486.8M
Free Cash Flow
569.1M
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 |
| Operating Expenses | 682.0M | 754.7M | 656.3M | 586.5M | 490.5M |
| Operating Income | 527.1M | 587.4M | 440.4M | 355.4M | 258.9M |
| 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 |
| Net Income | 331.8M | 567.1M | 399.8M | 272.9M | -47.2M |
| EPS (Diluted) | $1.97 | $3.37 | $2.38 | $1.61 | -$0.28 |
Income Statement Trend
nVent Electric plc Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.4B | 1.3B | 1.2B | 911.5M | 764.4M |
| 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 | 801.6M | 733.6M | 649.5M | 636.3M | 450.0M |
| 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 | |||||
| Total Shareholders Equity | 3.2B | 3.1B | 2.7B | 2.5B | 2.4B |
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 |
| 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 |
| Investing Cash Flow | -676.8M | -1.1B | -6.6M | -234.5M | -25.0M |
| Financing Activities | |||||
| Dividends Paid | -126.8M | -116.8M | -117.0M | -117.7M | -119.0M |
| 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 |
Cash Flow Trend
nVent Electric plc Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
48.79
Forward P/E
22.16
Price to Book
3.20
Price to Sales
3.75
PEG Ratio
22.16
Profitability Ratios
Profit Margin
19.05%
Operating Margin
16.17%
Return on Equity
7.11%
Return on Assets
5.11%
Financial Health
Current Ratio
2.87
Debt to Equity
51.85
Beta
1.30
Per Share Data
EPS (TTM)
$1.44
Book Value per Share
$21.96
Revenue per Share
$18.64
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| nvt | 11.6B | 48.79 | 3.20 | 7.11% | 19.05% | 51.85 |
| Vertiv Holdings | 46.6B | 71.15 | 17.49 | 32.82% | 7.92% | 117.91 |
| Hubbell | 21.1B | 26.67 | 6.46 | 25.92% | 14.29% | 61.44 |
| Acuity Brands | 8.7B | 21.29 | 3.42 | 17.86% | 10.53% | 47.30 |
| Bloom Energy | 5.2B | 1,128.00 | 9.05 | 1.09% | 0.29% | 253.64 |
| Advanced Energy | 4.9B | 65.67 | 4.01 | 6.34% | 4.72% | 55.38 |
Financial data is updated regularly. All figures are in the company's reporting currency.