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nVent Electric plc

nVent Electric plc

NYSE•NVT
CEO: Ms. Beth A. Wozniak
Sector: Industrials
Industry: Electrical Equipment & Parts
Listing Date: 2018-04-24
nVent Electric plc, together with its subsidiaries, designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to protect electronics and data in mission critical applications, including data solutions. This segment also offers digital and automation solutions, system integrations, and global services. The Electrical & Fastening Solutions segment provides solutions that connect and protect power and data infrastructure. This segment also offers power connections, fastening solutions, cable management solutions, grounding and bonding systems, and tools and test instruments. The Thermal Management segment offers heat management solutions that protect people and assets. This segment includes heat tracing for freeze protection and process temperature maintenance and control; pipe freeze protection, surface deicing, hot water temperature maintenance, floor heating, fire-rated wiring, and leak detection; and heat trace systems, connected controls, remote monitoring, and annual service programs. The company markets its products through electrical distributors, contractors, and original equipment manufacturers under the CADDY, ERICO, GARDNER BENDER, HOFFMAN, ILSCO, RAYCHEM, SCHROFF, and TRACER brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. nVent Electric plc was founded in 1903 and is based in London, the United Kingdom.
Contact Information
The Mille, 8th Floor (East) 1000 Great West Road, London, TW8 9DW, United Kingdom
44-2039-660-279
www.nvent.com
Market Cap
$17.19B
P/E (TTM)
28.8
127.7
Dividend Yield
0.8%
52W High
$117.52
52W Low
$41.71
52W Range
86%
3.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$1.05B+34.78%
4-Quarter Trend

EPS

$0.75+19.05%
4-Quarter Trend

FCF

$200.90M+10.38%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Sales Surge 25.4% Nine months net sales reached $2,826.4M, increasing 25.4% driven by 16.1% acquisition contribution and 8.9% organic growth.
Net Income Jumps 84.2% Net income totaled $591.4M for nine months, up 84.2%, significantly boosted by the Thermal Management divestiture gain.
Continuing Operations Income Growth Income from continuing operations grew 21.5% to $312.7M over nine months, reflecting strong underlying performance despite margin pressure.
Strong Operating Cash Flow Cash provided by continuing operations totaled $426.6M for nine months, reflecting $102.5M improvement year-over-year.

Risk Factors

Gross Margin Declines Gross profit margin fell 2.2 percentage points to 38.2% due to inflationary raw material and labor cost increases compared to 2024.
SG&A Expense Rises SG&A expense as percentage of sales increased 0.2 points to 20.2% due to amortization from recent large acquisitions.
Integration Costs Recognized Acquisition transaction and integration costs totaled $9.8M in nine months, impacting reported operating income results.
Currency Swap Liabilities Cross currency swap liabilities stood at $35.9M at September 30, 2025, reflecting ongoing foreign exchange risk management exposure.

Outlook

Integrating Major Acquisitions Operating objectives include integrating Electrical Products Group and Trachte acquisitions while driving differentiated revenue growth.
Focus on Sustainability Goals Executing sustainability strategy focused on People, Products, Planet, and Governance remains a key operating objective for 2025.
Continued Investment in Innovation Expect continued investment in new products and digital transformation to further drive sales growth throughout 2025 and beyond.
Maintaining Liquidity Position Intent to maintain investment grade metrics and solid liquidity position while funding R&D and capital initiatives.

Peer Comparison

Revenue (TTM)

Southwest Airlines Co.LUV
$27.55B
+0.6%
MasTec, Inc.MTZ
$13.76B
+13.0%
Expeditors International of Washington, Inc.EXPD
$11.17B
+12.5%

Gross Margin (Latest Quarter)

UL Solutions Inc.ULS
50.3%
+1.3 pp
TransUnionTRU
46.5%
-12.2 pp
Allegion plcALLE
45.8%
+1.1 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
EXPD$18.98B22.337.6%11.7%
ULS$17.40B51.432.6%27.8%
NVT$17.19B28.817.2%25.6%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+11.9%
Steady Growth
4Q Net Income CAGR
+124.6%
Profitability Improved
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 31, 2025|
    Revenue: $1.05B+34.8%
    |
    EPS: $0.75+19.0%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 1, 2025|
    Revenue: $963.10M+30.2%
    |
    EPS: $0.68+1.5%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 2, 2025|
    Revenue: $809.30M+10.5%
    |
    EPS: $2.18+240.6%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 18, 2025|
    Revenue: $3.01B+12.6%
    |
    EPS: $2.00-41.5%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 1, 2024|
    Revenue: $782.00M+9.4%
    |
    EPS: $0.63-1.6%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 6, 2024|
    Revenue: $739.80M-7.9%
    |
    EPS: $0.67-1.5%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $732.10M-1.1%
    |
    EPS: $0.64+12.3%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 20, 2024|
    Revenue: $2.67B+16.3%
    |
    EPS: $3.42+42.5%
    Beat