Stocks · Industrials · Special Industry Machinery (No Metalworking Machinery)

nVent Electric plc

NVT Clue Score58
Ireland Fiscal year ends December CIK 0001720635
$167.43 +1.97% Close, 9 Oct 2026
Price $167.43 +434.92% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 30 Apr 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue2,116.0Operating income332.8Net income259.1EPS, diluted1.43Fiscal year 2017Revenue2,097.9 −0.9%Operating income316.1Net income361.7 +39.6%EPS, diluted2.00 +39.9%Fiscal year 2018Revenue2,213.6 +5.5%Operating income310.8Net income230.8 −36.2%EPS, diluted1.28 −36.0%Fiscal year 2019Revenue2,204.0 −0.4%Operating income333.1Net income222.7 −3.5%EPS, diluted1.29 +0.8%Fiscal year 2020Revenue1,998.6 −9.3%Operating income38.4Net income−47.2 −121.2%EPS, diluted−0.28 −121.7%Fiscal year 2021Revenue2,462.0 +23.2%Operating income355.4Net income272.9EPS, diluted1.61Fiscal year 2022Revenue2,295.1 −6.8%Operating income309.0Net income399.8 +46.5%EPS, diluted2.38 +47.8%Fiscal year 2023Revenue2,668.9 +16.3%Operating income462.7Net income567.1 +41.8%EPS, diluted3.37 +41.6%Fiscal year 2024Revenue3,006.1 +12.6%Operating income527.1Net income331.8 −41.5%EPS, diluted1.97 −41.5%Fiscal year 2025Revenue3,893.1 +29.5%Operating income616.8Net income710.2 +114.0%EPS, diluted4.31 +118.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,116.0 2,097.9 2,213.6 2,204.0 1,998.6 2,462.0 2,295.1 2,668.9 3,006.1 3,893.1
Growth −0.9% +5.5% −0.4% −9.3% +23.2% −6.8% +16.3% +12.6% +29.5%
Operating income 332.8 316.1 310.8 333.1 38.4 355.4 309.0 462.7 527.1 616.8
Net income 259.1 361.7 230.8 222.7 −47.2 272.9 399.8 567.1 331.8 710.2
Growth +39.6% −36.2% −3.5% −121.2% +46.5% +41.8% −41.5% +114.0%
EPS, diluted 1.43 2.00 1.28 1.29 −0.28 1.61 2.38 3.37 1.97 4.31
Growth +39.9% −36.0% +0.8% −121.7% +47.8% +41.6% −41.5% +118.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin39.5%Operating margin15.7%Net margin12.2%Free cash flow margin13.7%Fiscal year 2017Gross margin40.1%Operating margin15.1%Net margin17.2%Free cash flow margin18.0%Fiscal year 2018Gross margin39.6%Operating margin14.0%Net margin10.4%Free cash flow margin13.7%Fiscal year 2019Gross margin39.3%Operating margin15.1%Net margin10.1%Free cash flow margin13.5%Fiscal year 2020Gross margin37.5%Operating margin1.9%Net margin−2.4%Free cash flow margin15.2%Fiscal year 2021Gross margin38.3%Operating margin14.4%Net margin11.1%Free cash flow margin13.6%Fiscal year 2022Gross margin35.9%Operating margin13.5%Net margin17.4%Free cash flow margin15.4%Fiscal year 2023Gross margin40.3%Operating margin17.3%Net margin21.2%Free cash flow margin17.3%Fiscal year 2024Gross margin40.2%Operating margin17.5%Net margin11.0%Free cash flow margin18.9%Fiscal year 2025Gross margin37.7%Operating margin15.8%Net margin18.2%Free cash flow margin9.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 39.5% 40.1% 39.6% 39.3% 37.5% 38.3% 35.9% 40.3% 40.2% 37.7%
Operating margin 15.7% 15.1% 14.0% 15.1% 1.9% 14.4% 13.5% 17.3% 17.5% 15.8%
Net margin 12.2% 17.2% 10.4% 10.1% −2.4% 11.1% 17.4% 21.2% 11.0% 18.2%
Free cash flow margin 13.7% 18.0% 13.7% 13.5% 15.2% 13.6% 15.4% 17.3% 18.9% 9.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow364.0Capital expenditure−74.5Free cash flow289.5Buybacks0.0Dividends paid0.0Fiscal year 2017Operating cash flow409.7Capital expenditure−31.8Free cash flow377.9 +30.5%Buybacks0.0Dividends paid0.0Fiscal year 2018Operating cash flow343.5Capital expenditure−39.5Free cash flow304.0 −19.6%Buybacks−56.0Dividends paid−62.9Fiscal year 2019Operating cash flow336.3Capital expenditure−38.8Free cash flow297.5 −2.1%Buybacks−235.7Dividends paid−120.7Fiscal year 2020Operating cash flow344.0Capital expenditure−40.0Free cash flow304.0 +2.2%Buybacks−43.2Dividends paid−119.0Fiscal year 2021Operating cash flow373.3Capital expenditure−39.5Free cash flow333.8 +9.8%Buybacks−111.5Dividends paid−117.7Fiscal year 2022Operating cash flow394.6Capital expenditure−40.5Free cash flow354.1 +6.1%Buybacks−65.9Dividends paid−117.0Fiscal year 2023Operating cash flow528.1Capital expenditure−65.6Free cash flow462.5 +30.6%Buybacks−60.8Dividends paid−116.8Fiscal year 2024Operating cash flow643.1Capital expenditure−74.0Free cash flow569.1 +23.0%Buybacks−100.0Dividends paid−126.8Fiscal year 2025Operating cash flow465.2Capital expenditure−93.3Free cash flow371.9 −34.7%Buybacks−253.1Dividends paid−130.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 364.0 409.7 343.5 336.3 344.0 373.3 394.6 528.1 643.1 465.2
Capital expenditure −74.5 −31.8 −39.5 −38.8 −40.0 −39.5 −40.5 −65.6 −74.0 −93.3
Free cash flow 289.5 377.9 304.0 297.5 304.0 333.8 354.1 462.5 569.1 371.9
Growth +30.5% −19.6% −2.1% +2.2% +9.8% +6.1% +30.6% +23.0% −34.7%
Buybacks 0.0 0.0 −56.0 −235.7 −43.2 −111.5 −65.9 −60.8 −100.0 −253.1
Dividends paid 0.0 0.0 −62.9 −120.7 −119.0 −117.7 −117.0 −116.8 −126.8 −130.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash21.5Shareholders’ equity3,485.7Fiscal year 2017Cash26.9Total debt0.0Net cash (debt)26.9Shareholders’ equity3,791.3Debt to equity0.00Fiscal year 2018Cash159.0Total debt941.7Net cash (debt)−782.7Shareholders’ equity2,687.1Debt to equity0.35Fiscal year 2019Cash106.4Total debt1,064.6Net cash (debt)−958.2Shareholders’ equity2,592.5Debt to equity0.41Fiscal year 2020Cash122.5Total debt948.0Net cash (debt)−825.5Shareholders’ equity2,409.8Debt to equity0.39Fiscal year 2021Cash49.5Total debt999.2Net cash (debt)−949.7Shareholders’ equity2,496.1Debt to equity0.40Fiscal year 2022Cash297.5Total debt1,083.2Net cash (debt)−785.7Shareholders’ equity2,731.7Debt to equity0.40Fiscal year 2023Cash185.1Total debt1,780.7Net cash (debt)−1,595.6Shareholders’ equity3,142.1Debt to equity0.57Fiscal year 2024Cash131.2Total debt2,155.0Net cash (debt)−2,023.8Shareholders’ equity3,237.6Debt to equity0.67Fiscal year 2025Cash237.5Total debt1,559.8Net cash (debt)−1,322.3Shareholders’ equity3,730.2Debt to equity0.42
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 21.5 26.9 159.0 106.4 122.5 49.5 297.5 185.1 131.2 237.5
Total debt n/a 0.0 941.7 1,064.6 948.0 999.2 1,083.2 1,780.7 2,155.0 1,559.8
Net cash (debt) n/a 26.9 −782.7 −958.2 −825.5 −949.7 −785.7 −1,595.6 −2,023.8 −1,322.3
Shareholders’ equity 3,485.7 3,791.3 2,687.1 2,592.5 2,409.8 2,496.1 2,731.7 3,142.1 3,237.6 3,730.2
Debt to equity n/a 0.00 0.35 0.41 0.39 0.40 0.40 0.57 0.67 0.42

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
2,116.0 2,097.9 2,213.6 2,204.0 1,998.6 2,462.0 2,295.1 2,668.9 3,006.1 3,893.1
Growth −0.9% +5.5% −0.4% −9.3% +23.2% −6.8% +16.3% +12.6% +29.5%
n/a 1,256.0 1,337.5 1,338.2 1,249.2 1,520.1 1,472.2 1,593.7 1,797.0 2,424.0
835.8 841.9 876.1 865.8 749.4 941.9 822.9 1,075.2 1,209.1 1,469.1
Growth +0.7% +4.1% −1.2% −13.4% +25.7% −12.6% +30.7% +12.5% +21.5%
40.6 42.5 45.6 48.2 43.5 48.6 45.6 55.2 66.1 78.5
462.4 483.3 519.7 484.5 447.0 537.9 468.3 557.3 615.9 773.8
332.8 316.1 310.8 333.1 38.4 355.4 309.0 462.7 527.1 616.8
Growth −5.0% −1.7% +7.2% −88.5% +825.5% −13.1% +49.7% +13.9% +17.0%
315.0 313.3 268.7 257.4 −9.5 320.7 336.3 375.3 429.2 550.0
55.9 −48.4 37.9 34.7 37.7 47.8 43.2 −84.4 188.4 121.5
259.1 361.7 230.8 222.7 −47.2 272.9 399.8 567.1 331.8 710.2
Growth +39.6% −36.2% −3.5% −121.2% +46.5% +41.8% −41.5% +114.0%
Per share
1.45 2.02 1.29 1.30 −0.28 1.63 2.40 3.42 2.00 4.36
1.43 2.00 1.28 1.29 −0.28 1.61 2.38 3.37 1.97 4.31
Growth +39.9% −36.0% +0.8% −121.7% +47.8% +41.6% −41.5% +118.8%
179.0 179.0 178.6 171.6 169.6 167.9 166.3 165.6 165.5 162.4
181.2 181.2 180.8 173.0 169.6 169.7 168.3 168.2 168.2 164.6
Growth +0.0% −0.2% −4.3% −2.0% +0.1% −0.8% −0.1% +0.0% −2.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 14.3% a year over five years.
  • The diluted share count fell 2.9% in five years, so buybacks did some of the work per share.
  • Operating margin is up 13.9 points on five years ago, at 15.8%.
  • A net loss in 1 of 10 years on file.