NVT
nVent Electric plc
Stock
$160.37−1.31 (−0.81%)Close Sep 30, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.8B | $3.9B | $3.0B | $2.7B | $2.3B | $2.5B | $2.0B | $2.2B | $2.2B | $2.1B | $2.1B |
| Cost of revenue | $3.0B | $2.4B | $1.8B | $1.6B | $1.5B | $1.5B | $1.2B | $1.3B | $1.3B | $1.3B | $1.3B |
| Gross profit | $1.8B | $1.5B | $1.2B | $1.1B | $823M | $942M | $749M | $866M | $876M | $842M | $836M |
| R&D | $89M | $79M | $66M | $55M | $46M | $49M | $44M | $48M | $46M | $43M | $41M |
| SG&A | $872M | $774M | $616M | $557M | $468M | $538M | $447M | $485M | $520M | $483M | $462M |
| Other operating expenses | — | — | — | — | — | — | $221M | — | — | — | — |
| Operating income | $827M | $617M | $527M | $463M | $309M | $355M | $38M | $333M | $311M | $316M | $333M |
| Non-operating income | −$67M | −$67M | −$98M | −$87M | $27M | −$35M | −$48M | −$76M | −$42M | −$2.8M | −$18M |
| Pretax income | $759M | $550M | $429M | $375M | $336M | $321M | −$9.5M | $257M | $269M | $313M | $315M |
| Taxes | $161M | −$160M | $97M | −$192M | −$64M | $48M | $38M | $35M | $38M | −$48M | $56M |
| Net income | $598M | $710M | $332M | $567M | $400M | $273M | −$47M | $223M | $231M | $362M | $259M |
| Diluted EPS | $3.65 | $4.31 | $1.97 | $3.37 | $2.38 | $1.61 | −$0.28 | $1.29 | $1.28 | $2.00 | — |
| Diluted shares | — | 164.6M | 168.2M | 168.2M | 168.3M | 169.7M | 169.6M | 173.0M | 180.8M | 181.2M | 181.2M |
| Revenue growth | — | +29.5% | +12.6% | +16.3% | −6.8% | +23.2% | −9.3% | −0.4% | +5.5% | −0.9% | — |
| Gross margin | 37.0% | 37.7% | 40.2% | 40.3% | 35.9% | 38.3% | 37.5% | 39.3% | 39.6% | 40.1% | 39.5% |
| Operating margin | 17.1% | 15.8% | 17.5% | 17.3% | 13.5% | 14.4% | 1.9% | 15.1% | 14.0% | 15.1% | 15.7% |
| Net margin | 12.4% | 18.2% | 11.0% | 21.2% | 17.4% | 11.1% | −2.4% | 10.1% | 10.4% | 17.2% | 12.2% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.