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
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
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)
LUV$27.55B
$13.76B
EXPD$11.17B
Gross Margin (Latest Quarter)
ULS50.3%
TRU46.5%
ALLE45.8%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| EXPD | $18.98B | 22.3 | 37.6% | 11.7% |
| ULS | $17.40B | 51.4 | 32.6% | 27.8% |
| NVT | $17.19B | 28.8 | 17.2% | 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%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 1, 2025|Revenue: $963.10M+30.2%|EPS: $0.68+1.5%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 2, 2025|Revenue: $809.30M+10.5%|EPS: $2.18+240.6%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 18, 2025|Revenue: $3.01B+12.6%|EPS: $2.00-41.5%BeatForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 1, 2024|Revenue: $782.00M+9.4%|EPS: $0.63-1.6%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 6, 2024|Revenue: $739.80M-7.9%|EPS: $0.67-1.5%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $732.10M-1.1%|EPS: $0.64+12.3%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 20, 2024|Revenue: $2.67B+16.3%|EPS: $3.42+42.5%Beat