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Complete financial analysis of nVent Electric plc (NVT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of nVent Electric plc, a leading company in the Electrical Equipment & Parts industry within the Industrials sector.
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nVent Electric plc (NVT)
About nVent Electric plc
nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; and indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals. Its products also include metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures. It also provides engineered electrical and fastening products. The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people. This segment provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. The company sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. nVent Electric plc markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.26B | 2.91B | 2.46B | 2.00B | 2.20B | 2.21B | 2.10B | 2.12B | 1.81B |
| Cost of Revenue | 1.92B | 1.81B | 1.52B | 1.25B | 1.34B | 1.34B | 1.26B | 1.28B | 1.14B |
| Gross Profit | 1.34B | 1.10B | 941.90M | 749.40M | 865.80M | 876.10M | 841.90M | 835.80M | 670.10M |
| Gross Profit Ratio | 41.12% | 37.70% | 38.26% | 37.50% | 39.28% | 39.58% | 40.13% | 39.50% | 37.04% |
| Research & Development | 71.50M | 60.40M | 48.60M | 43.50M | 48.20M | 45.60M | 42.50M | 40.60M | 29.30M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 519.70M | 485.90M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 683.20M | 595.90M | 537.90M | 447.00M | 484.50M | 519.70M | 485.90M | 462.40M | 373.80M |
| Other Expenses | 0.00 | 63.40M | 12.80M | -11.50M | -31.00M | -10.90M | 0.00 | -16.40M | 373.80M |
| Operating Expenses | 754.70M | 656.30M | 586.50M | 490.50M | 532.70M | 565.30M | 528.40M | 503.00M | 403.10M |
| Cost & Expenses | 2.68B | 2.47B | 2.11B | 1.74B | 1.87B | 1.90B | 1.78B | 1.78B | 1.54B |
| Interest Income | 0.00 | 31.20M | 32.30M | 36.40M | 44.70M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 79.40M | 31.20M | 32.30M | 36.40M | 44.70M | 31.20M | 200.00K | 1.40M | 1.10M |
| Depreciation & Amortization | 141.40M | 114.20M | 108.40M | 102.60M | 96.80M | 97.10M | 97.90M | 95.20M | 62.90M |
| EBITDA | 720.30M | 618.00M | 484.60M | 370.90M | 398.90M | 397.00M | 411.40M | 442.80M | 329.90M |
| EBITDA Ratio | 22.07% | 21.24% | 19.36% | 17.51% | 18.10% | 17.93% | 19.61% | 19.45% | 18.23% |
| Operating Income | 587.40M | 440.40M | 355.40M | 247.40M | 333.10M | 310.80M | 313.50M | 332.80M | 267.00M |
| Operating Income Ratio | 18.00% | 15.14% | 14.44% | 12.38% | 15.11% | 14.04% | 14.94% | 15.73% | 14.76% |
| Total Other Income/Expenses | -87.90M | 32.20M | -34.70M | -47.90M | -75.70M | -42.10M | -2.80M | -17.80M | -1.10M |
| Income Before Tax | 499.50M | 472.60M | 320.70M | -9.50M | 257.40M | 268.70M | 313.30M | 315.00M | 265.90M |
| Income Before Tax Ratio | 15.31% | 16.25% | 13.03% | -0.48% | 11.68% | 12.14% | 14.93% | 14.89% | 14.70% |
| Income Tax Expense | -67.60M | 72.80M | 47.80M | 37.70M | 34.70M | 37.90M | -48.40M | 55.90M | 55.80M |
| Net Income | 567.10M | 399.80M | 272.90M | -47.20M | 222.70M | 230.80M | 361.70M | 259.10M | 210.10M |
| Net Income Ratio | 17.38% | 13.74% | 11.08% | -2.36% | 10.10% | 10.43% | 17.24% | 12.24% | 11.61% |
| EPS | 3.42 | 2.40 | 1.63 | -0.28 | 1.30 | 1.29 | 2.03 | 1.45 | 1.18 |
| EPS Diluted | 3.37 | 2.38 | 1.61 | -0.28 | 1.29 | 1.28 | 2.03 | 1.45 | 1.18 |
| Weighted Avg Shares Out | 165.60M | 166.30M | 167.90M | 169.60M | 171.60M | 178.60M | 178.30M | 178.30M | 178.30M |
| Weighted Avg Shares Out (Dil) | 168.20M | 168.30M | 169.70M | 169.60M | 173.00M | 180.80M | 178.30M | 178.30M | 178.30M |
Here's What Key Metrics Tell Us About nVent (NVT) Q2 Earnings
NVent Electric (NVT) Q2 Earnings and Revenues Lag Estimates
Insights Into nVent (NVT) Q2: Wall Street Projections for Key Metrics
NVent Electric (NVT) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Palladium Equity Partners Completes $695 Million Sale of Trachte to nVent
nVent Completes Acquisition of Trachte
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
nVent Electric: 28% Operating Income Growth In Q1, Plenty More Firepower
Palladium Equity Partners Agrees to Sell Trachte, LLC to nVent for $695 Million
nVent to Acquire Trachte
Source: https://incomestatements.info
Category: Stock Reports