nVent Electric PLC

NVT Industrials Electrical Equipment & Parts

nVent Electric PLC’s revenue for fiscal 2025 (year ended December 2025) was $3.9 billion, up 29.5% from fiscal 2024.

Revenue
+43.7%
EPS
+66.7%
Free cash flow
+33.1%
Total debt
+36.9%

Quarter to September 2026, against a year earlier

98.73 14.09 −12.49%
Market cap
$15.9B
P/E
23.5×
Fwd P/E
28.0×
Dividend yield
0.85%
F-score
6/9
Altman Z
4.50
Beneish M
−2.07
Dividend safety
74/100

Revenue by segment Fiscal 2025

  • Systems Protection
  • Electrical Connections

Every year since 2016 →

Insider Decisions last twelve months

Sold, $m 31.90
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 5 — — 6 — — 3 — — —
Insider Ownership 1.03%

Capital & Financial Ratios $m

Size
Market Cap 15,900.00
Revenue ttm 5,294.90
Net income ttm 679.50
Free cash flow ttm 647.90
Net debt Q 1,059.60
Valuation
P/E 23.51
Forward P/E 28.00
Price / sales 3.02
Forward P/S Powerpack
Price / FCF 24.64
Price / book 3.88
Financial health
Current ratio Q 2.40 (at or above 1.5: strong)
Debt / equity Q 0.53
Interest coverage Q 13.44
Growth
Revenue growth Q +43.73% (above 0%: growing)
Operating income growth Q +69.75% (above 0%: growing)
EPS, this year +60.57% (at or above 15%: strong)
EPS, next year A +30.21% (at or above 15%: strong)
Revenue, next year A +42.02% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +36.03% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 75.05%
10-year low 10-year high
P/S against its own 10 years 58.97%
10-year low 10-year high
P/B against its own 10 years 82.02%
10-year low 10-year high
EV/Sales against its own 10 years 57.16%
10-year low 10-year high
EV/FCF against its own 10 years 75.79%
10-year low 10-year high

Dividends raised 3 years running

Yield
0.85%
Annual rate
0.84
Payout ratio
20.2%
Growth, 2018–26
+11.6%/yr
  1. 0.35 ’18
  2. 0.70 ’19 +100
  3. 0.70 ’20 +0
  4. 0.70 ’21 +0
  5. 0.70 ’22 +0
  6. 0.70 ’23 +0
  7. 0.76 ’24 +9
  8. 0.80 ’25 +5
  9. 0.84 ’26 +5
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 180 131 238 1,122
Receivables 470 473 693 949
Inventory 360 360 472 574
Other 326 425 237 312
1,336 1,389 1,640 2,957
2023 2024 2025 Q'26
Payables 240 280 359 536
ST’ Debt 32 38 14 14
Other 462 484 631 685
734 802 1,004 1,234

Compound Annual Growth %

10y 5y 3y
Sales — 14.27% 19.26%
Cash Flow — 6.22% 5.64%
Earnings — 0.00% 21.11%
Book Value — 9.13% 10.94%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.87 1.32 1.23 — —
’25 2.16 0.67 0.74 0.73 4.31
’24 0.62 0.66 0.62 0.06 1.97
’23 0.56 0.67 0.63 1.51 3.37
’22 0.40 0.48 0.55 0.94 2.38
’21 0.39 0.39 0.44 0.39 1.61
’20 0.11 0.15 (0.82) 0.28 (0.28)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 1,242 1,471 1,515 — —
’25 809 963 1,054 1,067 3,893
’24 732 740 782 752 3,006
’23 741 803 715 410 2,669
’22 695 728 745 128 2,295
’21 549 601 643 669 2,462
’20 521 447 509 521 1,999
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 85 184 303 — —
’25 60 (17) 220 202 465
’24 90 131 198 225 643
’23 69 77 145 237 528
’22 7 57 136 195 395
’21 50 93 115 115 373
’20 7 84 113 140 344
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 49 162 268 — —
’25 41 (34) 201 169 377
’24 75 114 182 198 570
’23 53 62 132 216 463
’22 (3) 48 126 185 356
’21 40 85 108 101 334
’20 (2) 77 105 126 306
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 10.2% a year for ten years.

Implied
10.2%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2,116 2,098 2,214 2,204 1,999 2,462 2,295 2,669 3,006 3,893 5,295 +7.0% 5,529 7,224 8,166 +28.0%
Gross margin, % 39.50 40.13 39.58 39.28 37.50 38.26 35.85 40.29 40.22 37.74 36.55 (1.8) pt
EBT 315 313 269 257 (9) 321 336 375 429 550 875 +6.4%
EBT margin, % 14.89 14.93 12.14 11.68 (0.48) 13.03 14.65 14.06 14.28 14.13 16.53 (0.8) pt
Net income 259 362 231 223 (47) 273 400 567 332 710 680 +11.9%
Per share, $
Per share, $ Revenue 11.82 11.72 12.39 12.84 11.78 14.66 13.80 16.12 18.16 23.97 32.75 +8.2%
Earnings 1.45 2.02 1.29 1.30 (0.28) 1.63 2.40 3.42 2.00 4.36 4.20 +13.0%
Cash flow 2.03 2.29 1.92 1.96 2.03 2.22 2.37 3.19 3.89 2.86 4.79 +3.9%
Capex (0.38) (0.15) (0.21) (0.19) (0.22) (0.23) (0.23) (0.40) (0.44) (0.54) (0.78) +3.9%
Free cash flow 1.65 2.13 1.72 1.77 1.80 1.99 2.14 2.79 3.44 2.32 4.01 +3.9%
Book value 0.00 21.18 15.05 15.11 14.21 14.87 16.43 18.97 19.56 22.97 25.43 n/m
Shares, m 179 179 179 172 170 168 166 166 166 162 162 (1.1%)
Valuation, ×
Valuation, × P/E 12.72 12.72 17.38 19.68 0.00 23.46 15.87 16.95 34.08 23.44 23.51 17.6
P/S 2.14 2.14 1.81 1.99 1.98 2.59 2.76 3.61 3.75 4.25 3.02 2.7
P/B 1.25 1.25 1.49 1.69 1.64 2.56 2.32 3.06 3.48 4.44 3.88 2.3
EV/Sales 2.12 2.12 2.17 2.43 2.39 2.98 3.10 4.21 4.43 4.59 3.22 3.1
EV/FCF 13.32 13.32 15.65 17.60 15.61 21.92 19.99 24.27 23.36 47.41 26.28 21.2
Cash, $m
Cash, $m Operating cash flow 364 410 344 336 344 373 395 528 643 465 774 +2.8%
Capex (69) (28) (37) (32) (38) (39) (38) (65) (73) (88) (126) +2.8%
Free cash flow 295 382 306 304 306 334 356 463 570 377 648 +2.8%
Balance, $m
Balance, $m Working capital 339 342 385 337 314 275 580 603 588 636 1,722 +7.2%
Net debt (22) (27) 783 958 826 950 786 1,601 2,024 1,322 1,060 n/m
Shareholders’ equity — 3,791 2,687 2,593 2,410 2,496 2,732 3,142 3,238 3,730 4,113 (0.2%)
Returns, %
Returns, % ROA 10.97 15.31 4.98 4.84 (1.05) 6.04 8.35 10.25 5.15 10.45 9.14 (0.5) pt
ROIC 0.00 5.25 5.60 5.86 0.74 6.45 5.49 6.10 6.26 7.63 11.39 +7.6 pt
ROE 7.12 9.94 7.13 8.44 (1.89) 11.13 15.30 19.31 10.40 20.39 17.55 +13.3 pt
People
People Employees — — 9,000 9,500 8,800 9,900 10,400 11,300 12,100 12,000 — +4.2%
Revenue/emp, $m 0.00 0.00 0.25 0.23 0.23 0.25 0.22 0.24 0.25 0.32 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

nVent Electric designs, manufactures, markets, installs and services equipment that connects and protects electrical systems. Its products are used in data centers, utility networks, factories, commercial buildings and homes. The company was incorporated in Ireland in 2017 and became an independent public company in 2018. Its principal office is in London, and Beth A. Wozniak is its chief executive.

The company operates through Systems Protection and Electrical Connections. Systems Protection sells enclosures that shield electrical and electronic equipment, cooling systems that remove heat, and control buildings that protect infrastructure equipment. Its range also includes switchgear and power distribution equipment, which help manage the flow of electricity. Customers include large data-center operators, utilities, equipment manufacturers, panel builders and contractors.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Systems Protection 2,593 66.60%
Electrical Connections 1,300 33.40%
Gross margin 37.74%
Operating margin 15.84%
Pre-tax margin 14.13%

Revenue by segment since 2016

nVent Electric PLC vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VRT Vertiv Holdings Co. $68.1B 32.5× 36.6× +61.18% (above 0%: growing) +90.93% (above 0%: growing) +49.59% (above 0%: growing) 38.11% 22.81% Compare
BE Bloom Energy Corporation $49.5B 96.4× 76.1× +138.10% (above 0%: growing) n/m −2,550.79% (below 0%: shrinking) 33.75% 18.24% Compare
HUBB Hubbell Inc $22.1B 24.5× 24.4× +24.63% (above 0%: growing) +4.21% (above 0%: growing) +10.48% (above 0%: growing) 36.75% 21.83% Compare
NVT nVent Electric PLC $15.9B 23.5× 28.0× +43.73% (above 0%: growing) +66.67% (above 0%: growing) +33.08% (above 0%: growing) 35.84% 18.63%
AYI Acuity, Inc. $9.6B 18.4× 18.4× +2.92% (above 0%: growing) +55.53% (above 0%: growing) +61.06% (above 0%: growing) 53.85% 18.24% Compare
AEIS Advanced Energy Industries, Inc. $7.5B 25.4× 26.9× +50.31% (above 0%: growing) +134.96% (above 0%: growing) −33.07% (below 0%: shrinking) 41.51% 20.56% Compare
FPS Forgent Power Solutions, Inc. $5.5B — — +94.30% (above 0%: growing) — +188.32% (above 0%: growing) 36.11% 19.91% Compare
ENS Enersys $5.1B 14.9× 14.3× +4.77% (above 0%: growing) +115.54% (above 0%: growing) +881.05% (above 0%: growing) 33.49% 16.18% Compare
POWL Powell Industries, Inc. $4.6B 24.1× 29.1× +8.90% (above 0%: growing) +7.25% (above 0%: growing) +121.73% (above 0%: growing) 30.57% 20.55% Compare
Median of peers $8.6B 24.5× 26.9× +37.47% +73.23% +55.33% 36.43% 20.23%

All 55 Electrical Equipment & Parts stocks →

Pay and ownership Proxy statement filed 31 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 13.78m 33.27m 475.00
2024 9.83m 14.72m 314.00
2023 8.91m 22.47m 269.00
2022 7.91m 11.42m 173.00
2021 10.65m 18.56m 167.00

Ownership

Directors and executive officers, together 1.70%
The Vanguard Group 10.40%
BlackRock, Inc. 9.20%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

nVent Electric PLC (NVT) Latest News

1 Nov

Impact 3 · · Trefis

31 Oct

Impact 4 · · MarketBeat transcript

21 Oct

Impact 3 · · Trefis

1 Oct

Impact 4 · · GlobeNewswire

28 Sep

16 Sep

NVT metrics, ten years each

stockrow.com/NVT · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com