NVT · XBRL financial data
nVent Electric financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (NVT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 1,999 | 2,462 | 2,909 | 3,264 | 3,006 | 3,893 |
| Cost of goods and services sold | 1,249 | 1,520 | 1,812 | 1,922 | 1,797 | 2,424 |
| Gross profit | 749 | 942 | 1,097 | 1,342 | 1,209 | 1,469 |
| Research and development | 44 | 49 | 60 | 72 | 66 | 79 |
| Selling, general and administrative | 447 | 538 | 596 | 683 | 616 | 774 |
| Operating income (loss) | 38 | 355 | 440 | 587 | 527 | 617 |
| Interest expense | 36 | 32 | 31 | 79 | — | — |
| Other income (expense) | (12) | 13 | 63 | (19) | 8 | 8 |
| Income tax expense (benefit) | 38 | 48 | 73 | (68) | 188 | 122 |
| Net income (loss) | (47) | 273 | 400 | 567 | 332 | 710 |
| Earnings per share, basic USD per share | (0.28) | 1.63 | 2.40 | 3.42 | 2.00 | 4.36 |
| Earnings per share, diluted USD per share | (0.28) | 1.61 | 2.38 | 3.37 | 1.97 | 4.31 |
| Weighted average shares, basic millions of shares | 170 | 168 | 166 | 166 | 166 | 162 |
| Weighted average shares, diluted millions of shares | 170 | 170 | 168 | 168 | 168 | 165 |
Balance sheet
CSVFiscal years (NVT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 123 | 50 | 298 | 185 | 131 | 238 |
| Inventory | 235 | 322 | 347 | 441 | 360 | 472 |
| Total current assets | 764 | 912 | 1,229 | 1,336 | 1,389 | 1,640 |
| Property and equipment, net | 289 | 291 | 289 | 390 | 348 | 435 |
| Right-of-use asset | 46 | 79 | 76 | 119 | 107 | 129 |
| Goodwill | 2,098 | 2,187 | 2,178 | 2,571 | 2,222 | 2,678 |
| Total assets | 4,366 | 4,674 | 4,902 | 6,162 | 6,735 | 6,852 |
| Accounts payable | 171 | 261 | 252 | 276 | 280 | 359 |
| Current portion of long-term debt | 20 | 5 | 15 | 32 | 38 | 14 |
| Total current liabilities | 450 | 636 | 650 | 734 | 802 | 1,004 |
| Long-term debt | 928 | 994 | 1,068 | 1,749 | 2,118 | 1,546 |
| Lease liability, non-current | 36 | 67 | 64 | 98 | 91 | 105 |
| Total liabilities | 1,956 | 2,178 | 2,171 | 3,020 | 3,497 | 3,122 |
| Retained earnings | 21 | 175 | 457 | 905 | 1,109 | 1,688 |
| Total liabilities and equity | 4,366 | 4,674 | 4,902 | 6,162 | 6,735 | 6,852 |
| Common shares outstanding (cover page) millions of shares | 168 | 166 | 165 | 165 | 165 | 162 |
Cash flows
CSVFiscal years (NVT's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (47) | 273 | 400 | 567 | 332 | 710 |
| Stock-based compensation | 14 | 17 | 25 | 24 | 27 | 38 |
| Net cash from operating activities | 344 | 373 | 395 | 528 | 643 | 465 |
| Purchases of property and equipment | 40 | 40 | 46 | 71 | 74 | 93 |
| Net cash from investing activities | (65) | (274) | (53) | (1,165) | (758) | 521 |
| Share repurchases | 43 | 112 | 66 | 61 | 100 | 253 |
| Dividends paid | 119 | 118 | 117 | 117 | 127 | 130 |
| Proceeds from long-term debt | 0 | 300 | 200 | 800 | 500 | 275 |
| Repayments of long-term debt | 18 | 319 | 10 | 101 | 127 | 873 |
| Net cash from financing activities | (273) | (167) | (82) | 517 | 146 | (968) |
| Net change in cash | 16 | (73) | 248 | (112) | 5 | 48 |
Compare with peers
SIC 3550 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3550 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| nVent Electric | 1,122 | 1,515 | 303* | 161.6M | 10-QSep 30, 2026 |
| PENTAIR | 74 | 976 | 169* | 159.7M | 10-QSep 30, 2026 |
| JBT Marel | 117 | 994 | 99* | 51.1M | 10-QSep 30, 2026 |
| Kadant | 135 | 313 | 54* | 11.8M | 10-QJul 4, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.