nVent Electric plc (NVT) — Financial statements
Income statement, balance sheet, and cash flow for nVent Electric plc — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,893↑29.5% | 3,006↑12.6% | 2,669↑16.3% | 2,295↓6.8% | 2,462 | |
| Cost of Revenue | 2,424↑34.9% | 1,797↑12.8% | 1,594↑8.3% | 1,472↓3.2% | 1,520 | |
| Gross Profit | 1,469↑21.5% | 1,209↑12.5% | 1,075↑30.7% | 823↓12.6% | 942 | |
| Operating Expenses | ||||||
| R&D Expenses | 79↑18.8% | 66↑19.7% | 55↑21.1% | 46↓6.2% | 49 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 774↑25.6% | 616↑10.5% | 557↑19.0% | 468↓12.9% | 538 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 852↑25.0% | 682↑11.3% | 613↑19.2% | 514↓12.4% | 587 | |
| Total Costs & Expenses | 3,276↑32.2% | 2,479↑12.4% | 2,206↑11.1% | 1,986↓5.7% | 2,107 | |
| Operating Results | ||||||
| Operating Income | 617↑17.0% | 527↑13.9% | 463↑49.7% | 309↓13.1% | 355 | |
| Depreciation & Amortization | 208↑42.3% | 146↑29.0% | 113↑31.0% | 86↓20.3% | 108 | |
| EBITDA | 833↑22.3% | 681↑20.0% | 568↑25.1% | 454↓1.6% | 461 | |
| EBIT | 625↑16.8% | 535↑17.7% | 455↑23.7% | 368↑4.1% | 353 | |
| Interest & Other Income | ||||||
| Net Interest Income | -75↑29.2% | -106↓33.5% | -79↓154.5% | -31↑3.4% | -32 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 75↓29.2% | 106↑33.5% | 79↑154.5% | 31↓3.4% | 32 | |
| Non-Operating Income | -8↓1.2% | -8↓201.3% | 8↑113.7% | -59↓2537.5% | 2 | |
| Other Income / Expenses | -67↑31.8% | -98↓12.0% | -87↓420.1% | 27↑178.7% | -35 | |
| Income Before Tax | 550↑28.1% | 429↑14.4% | 375↑11.6% | 336↑4.9% | 321 | |
| Income Tax Expense | 122↓35.5% | 188↑323.2% | -84↓295.4% | 43↓9.6% | 48 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 429↑77.9% | 241↓47.6% | 460↑56.8% | 293↑7.4% | 273 | |
| Net Income from Discontinued Operations | 282↑209.6% | 91↓15.3% | 107↑0.7% | 107 | 0.00 | |
| Net Income | 710↑114.0% | 332↓41.5% | 567↑41.8% | 400↑46.5% | 273 | |
| Bottom-Line Net Income | 710↑114.0% | 332↓41.5% | 567↑41.8% | 400↑46.5% | 273 | |
| EPS (Basic) | 4.36↑118.0% | 2.00↓41.5% | 3.42↑42.5% | 2.40↑47.2% | 1.63 | |
| EPS (Diluted) | 4.31↑118.8% | 1.97↓41.5% | 3.37↑41.6% | 2.38↑47.8% | 1.61 | |
| Weighted Average Shares | 162↓1.9% | 166↓0.1% | 166↓0.4% | 166↓1.0% | 168 | |
| Weighted Average Diluted Shares | 165↓2.1% | 168↑0.0% | 168↓0.1% | 168↓0.8% | 170 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.