nVent Electric revenue and financials

NVT · NYSE · USD

$167.17−1.41%−$2.39

Close · October 5, 2026

In the fiscal year ended December 2025, nVent Electric reported revenue of $3.89B (+29.51% year over year). Net income was $710.2M, a net margin of 18.2%.

Annual revenue · 2025: $3.89B

$2.12B2016
$2.1B2017
$2.21B2018
$2.2B2019
$2B2020
$2.46B2021
$2.3B2022
$2.67B2023
$3.01B2024
$3.89B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +29.51%; 2025 vs 2024
Net income growth: +114.04%; 2025 vs 2024
Net margin: 18.2%; 2024: 11.0%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	3,893	3,006	2,669	2,295	2,462	1,999	2,204	2,214	2,098	2,116
Cost of revenue	2,424	1,797	1,594	1,472	1,520	1,249	1,338	1,338	1,256	1,280
Gross profit	1,469	1,209	1,075	823	942	749	866	876	842	836
Selling, general and administrative	758	613	572	406	517	—	—	—	—	—
Research and development	78.5	66.1	55.2	45.6	48.6	43.5	48.2	45.6	42.5	40.6
Operating income	617	527	463	309	355	38.4	333	311	316	333
EBIT	633	530	448	371	376	—	—	—	—	—
EBITDA	841	676	562	457	485	—	—	—	—	—
Interest expense	75.0	106	79.4	31.2	32.3	36.4	44.7	31.2	0.2	1.4
Pre-tax income	550	429	375	336	321	—	—	—	—	—
Income tax	122	188	-84.4	43.2	47.8	37.7	34.7	37.9	-48.4	55.9
Net income	710	332	567	400	273	-47.2	223	231	362	259
Net income to common shareholders	710	332	567	400	273	—	—	—	—	—
Basic EPS	4.36	2.00	3.42	2.40	1.63	-0.28	1.30	1.29	2.02	—
Diluted EPS	4.31	1.97	3.37	2.38	1.61	-0.28	1.29	1.28	2.00	—
Average shares (basic)	162	166	166	166	168	—	—	—	—	—
Average shares (diluted)	165	168	168	168	170	170	173	181	181	181
Dividend per share	0.80	0.76	0.70	0.70	0.70	—	—	—	—	—