Income Statement nVent Electric plc

Equities

NVT

IE00BDVJJQ56

Electrical Components & Equipment

Market Closed - Nyse Other stock markets 05:00:03 11/02/2026 HKT			5-day change	1st Jan Change
112.15 ^USD	-2.15%		-6.10%	+9.98%

02-10	NVent Electric's Results, Guidance Show Datacenter Growth Story On Track, RBC Says	MT
02-09	Deutsche Bank Raises Price Target on nVent Electric to $130 From $124, Keeps Buy Rating	MT

604b46b0d9d7d70f1.UOqlljP6W9w6qoUYD93A9EAJJld2UmBsS5kNqTrlmLI.ZoLA42mUabVzybE1V7ukuzhBfjMVMCcoGONvwHmr2YoDrM_ZWI8T6kr58g

Published financial data: NVENT ELECTRIC PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2B	2.46B	2.91B	3.26B	3.01B
Total Revenues	2B	2.46B	2.91B	3.26B	3.01B
Cost of Goods Sold, Total	1.25B	1.52B	1.81B	1.9B	1.8B
Gross Profit	749M	942M	1.1B	1.36B	1.21B
Selling General & Admin Expenses, Total	425M	517M	529M	689M	613M
R&D Expenses	43.5M	48.6M	60.4M	71.5M	66.1M
Other Operating Expenses, Total	469M	566M	589M	761M	680M
Operating Income	281M	376M	508M	599M	530M
Interest Expense, Total	-36.4M	-32.3M	-31.2M	-79.4M	-106M
Net Interest Expenses	-36.4M	-32.3M	-31.2M	-79.4M	-106M
Other Non Operating Income (Expenses)	-15.7M	800K	2.6M	100K	12.6M
EBT, Excl. Unusual Items	229M	345M	479M	520M	436M
Restructuring Charges	-17.7M	-8.8M	-6.4M	-12.8M	-7M
Merger & Related Restructuring Charges	-	-	-	-17.7M	-
Impairment of Goodwill	-212M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	10.3M	-
Asset Writedown	-8.2M	-	-	-	-
Other Unusual Items	-	-15.2M	-	-	-
EBT, Incl. Unusual Items	-9.5M	321M	473M	500M	429M
Income Tax Expense	37.7M	47.8M	72.8M	-67.6M	188M
Earnings From Continuing Operations	-47.2M	273M	400M	567M	241M
Earnings Of Discontinued Operations	-	-	-	-	91M
Net Income to Company	-47.2M	273M	400M	567M	332M
Net Income - (IS)	-47.2M	273M	400M	567M	332M
Net Income to Common Incl Extra Items	-47.2M	273M	400M	567M	332M
Net Income to Common Excl. Extra Items	-47.2M	273M	400M	567M	241M
Per Share Items
Net EPS - Basic	-0.28	1.63	2.4	3.42	2
Basic EPS - Continuing Operations	-0.28	1.63	2.4	3.42	1.45
Basic Weighted Average Shares Outstanding	170M	168M	166M	166M	166M
Net EPS - Diluted	-0.28	1.61	2.38	3.37	1.97
Diluted EPS - Continuing Operations	-0.28	1.61	2.38	3.37	1.43
Diluted Weighted Average Shares Outstanding	170M	170M	168M	168M	168M
Normalized Basic EPS	0.84	1.28	1.8	1.96	1.65
Normalized Diluted EPS	0.84	1.27	1.78	1.93	1.62
Dividend Per Share	0.7	0.7	0.7	0.7	0.76
Payout Ratio	-252.12	43.13	29.26	20.6	38.22
Supplemental Items
EBITDA	383M	485M	622M	740M	676M
EBITA	345M	444M	578M	689M	624M
EBIT	281M	376M	508M	599M	530M
EBITDAR	404M	504M	648M	770M	702M
Effective Tax Rate - (Ratio)	-396.84	14.9	15.4	-13.53	43.9
Current Domestic Taxes	-	-	-	-	800K
Current Foreign Taxes	51.8M	66.2M	86.9M	110M	105M
Total Current Taxes	51.8M	66.2M	86.9M	110M	106M
Deferred Domestic Taxes	200K	100K	-1.6M	1.6M	100K
Deferred Foreign Taxes	-14.3M	-18.5M	-12.5M	-180M	82.6M
Total Deferred Taxes	-14.1M	-18.4M	-14.1M	-178M	82.7M
Normalized Net Income	143M	215M	299M	325M	273M
Interest on Long-Term Debt	-	-	-	-	500K
Non-Cash Pension Expense	8.3M	-12M	-60.8M	18.9M	4.5M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	43.5M	48.6M	60.4M	71.5M	66.1M
Net Rental Expense, Total	20.3M	19.9M	25.9M	29.7M	26.3M
Imputed Operating Lease Interest Expense	5.6M	4.94M	5.75M	12.29M	10.69M
Imputed Operating Lease Depreciation	14.7M	14.96M	20.15M	17.41M	15.61M
Stock-Based Comp., Other (Total)	13.9M	16.6M	25M	23.5M	27.3M
Total Stock-Based Compensation	13.9M	16.6M	25M	23.5M	27.3M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	122M	49.5M	298M	185M	131M
Total Cash And Short Term Investments	122M	49.5M	298M	185M	131M
Accounts Receivable, Total	359M	487M	518M	634M	528M
Other Receivables	-	-	-	-	-
Total Receivables	359M	487M	518M	634M	528M
Inventory	235M	322M	347M	441M	360M
Prepaid Expenses	29.8M	49.6M	44.9M	44.7M	36.1M
Other Current Assets, Total	17.5M	3.5M	22M	31.4M	334M
Total Current Assets	764M	912M	1.23B	1.34B	1.39B
Gross Property Plant And Equipment	764M	817M	831M	1.01B	919M
Accumulated Depreciation	-429M	-447M	-465M	-504M	-464M
Net Property Plant And Equipment	335M	370M	366M	509M	455M
Goodwill	2.1B	2.19B	2.18B	2.57B	2.22B
Other Intangibles, Total	1.11B	1.14B	1.07B	1.52B	1.59B
Deferred Tax Assets Long-Term	29.8M	14.6M	16.3M	179M	57M
Other Long-Term Assets, Total	33.2M	47.4M	46.9M	49.6M	1.02B
Total Assets	4.37B	4.67B	4.9B	6.16B	6.73B
Liabilities
Accounts Payable, Total	171M	261M	252M	276M	280M
Accrued Expenses, Total	111M	202M	214M	224M	176M
Current Portion of Long-Term Debt	20M	5M	15M	31.9M	37.5M
Current Portion of Leases	14.2M	17.4M	17.7M	25.6M	22.8M
Current Income Taxes Payable	32.8M	32.4M	34.5M	54M	50.7M
Unearned Revenue Current, Total	11.3M	17.8M	22.7M	27.1M	22.5M
Other Current Liabilities	89.7M	101M	93.3M	95.2M	212M
Total Current Liabilities	450M	636M	650M	734M	802M
Long-Term Debt	928M	994M	1.07B	1.75B	2.12B
Long-Term Leases	35.7M	66.5M	63.7M	98.4M	108M
Pension & Other Post Retirement Benefits	238M	208M	128M	153M	132M
Deferred Tax Liability Non Current	230M	210M	200M	204M	243M
Other Non Current Liabilities	74.6M	62.7M	61M	81.4M	95.5M
Total Liabilities	1.96B	2.18B	2.17B	3.02B	3.5B
Common Stock, Total	1.7M	1.7M	1.7M	1.7M	1.7M
Additional Paid In Capital	2.48B	2.4B	2.37B	2.34B	2.27B
Retained Earnings	20.7M	174M	457M	905M	1.11B
Comprehensive Income and Other	-95.2M	-83.2M	-99.6M	-104M	-144M
Total Common Equity	2.41B	2.5B	2.73B	3.14B	3.24B
Total Equity	2.41B	2.5B	2.73B	3.14B	3.24B
Total Liabilities And Equity	4.37B	4.67B	4.9B	6.16B	6.73B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	168M	166M	165M	165M	165M
ECS Total Common Shares Outstanding	168M	166M	165M	165M	165M
Book Value / Share	14.33	15.03	16.52	19.04	19.62
Tangible Book Value	-794M	-834M	-512M	-946M	-571M
Tangible Book Value Per Share	-4.72	-5.02	-3.1	-5.73	-3.46
Total Debt	998M	1.08B	1.16B	1.9B	2.29B
Net Debt	875M	1.03B	867M	1.72B	2.15B
Debt Equivalent of Unfunded Proj. Benefit Obligation	210M	180M	106M	126M	117M
Debt Equivalent Oper. Leases	162M	159M	207M	238M	210M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	67.3M	104M	113M	165M	146M
Inventories - Work In Process, Total	24.4M	33.3M	36.2M	34.9M	15.8M
Inventories - Finished Goods, Total	144M	184M	198M	241M	198M
Land - (BS)	41M	39.8M	38.6M	39.6M	21.5M
Buildings, Total	186M	184M	180M	217M	177M
Machinery, Total	461M	488M	500M	600M	566M
Full Time Employees	8.8K	9.9K	10.4K	11.3K	12.1K
Accumulated Allowance for Doubtful Accounts (Supple)	6.2M	6.7M	9.9M	15M	14.3M
Order Backlog	307M	558M	607M	639M	749M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-47.2M	273M	400M	567M	332M
Depreciation & Amortization - CF	38.4M	40.9M	43.5M	51.7M	51.3M
Amortization of Goodwill and Intangible Assets - (CF)	64.2M	67.5M	70.7M	89.7M	94.7M
Depreciation & Amortization, Total	103M	108M	114M	141M	146M
Amortization of Deferred Charges, Total - (CF)	-	-	-	3.6M	2.2M
(Gain) Loss From Sale Of Asset	-	-	-	-1.1M	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-10.3M	8.8M
Asset Writedown & Restructuring Costs	220M	-	-	-	-
Stock-Based Compensation (CF)	13.9M	16.6M	25M	23.5M	27.3M
Net Cash From Discontinued Operations	-	-	-	-	142M
Other Operating Activities, Total	7.5M	-19.6M	-80.5M	-164M	-17.5M
Change In Accounts Receivable	28.3M	-104M	-45.9M	-21.3M	38.6M
Change In Inventories	18.3M	-74M	-34.7M	20.1M	-600K
Change In Accounts Payable	-18.6M	73.7M	-4.7M	-2.1M	1.5M
Change in Other Net Operating Assets	18.7M	99.5M	21.4M	-29.3M	-37.1M
Cash from Operations	344M	373M	395M	528M	643M
Capital Expenditure	-40M	-39.5M	-45.9M	-71M	-74M
Sale of Property, Plant, and Equipment	2M	600K	2M	7.5M	500K
Cash Acquisitions	-27M	-235M	-8.6M	-1.12B	-678M
Investment in Marketable and Equity Securities, Total	-	-	-	14.1M	-
Other Investing Activities, Total	-	-	-	4.8M	-7.2M
Cash from Investing	-65M	-274M	-52.5M	-1.16B	-758M
Long-Term Debt Issued, Total	-	372M	200M	800M	500M
Total Debt Issued	-	372M	200M	800M	500M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-118M	-319M	-117M	-101M	-126M
Total Debt Repaid	-118M	-319M	-117M	-101M	-126M
Issuance of Common Stock	7.2M	20M	7.5M	2.1M	3.4M
Repurchase of Common Stock	-43.2M	-112M	-65.9M	-60.8M	-100M
Common Dividends Paid	-119M	-118M	-117M	-117M	-127M
Common & Preferred Stock Dividends Paid	-119M	-118M	-117M	-117M	-127M
Other Financing Activities, Total	-	-11M	10M	-6.7M	-3.9M
Cash from Financing	-272M	-167M	-82.1M	517M	146M
Foreign Exchange Rate Adjustments	9.6M	-5.5M	-12M	7.5M	-26.1M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-53.2M
Net Change in Cash	16.1M	-73M	248M	-112M	-48.4M
Supplemental Items
Cash Income Tax Paid (Refund)	39.2M	61.3M	87.3M	112M	120M
Levered Free Cash Flow	265M	278M	324M	262M	324M
Unlevered Free Cash Flow	288M	299M	344M	308M	388M
Change In Net Working Capital	-36.2M	22M	66.8M	160M	42.5M
Net Debt Issued / Repaid	-118M	53.4M	83.3M	699M	374M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.9	5.2	6.63	6.77	5.13
Return on Total Capital	4.93	6.73	8.49	8.37	6.27
Return On Equity %	-1.89	11.13	15.3	19.31	7.55
Return on Common Equity	-1.89	11.13	15.3	19.31	7.55
Margin Analysis
Gross Profit Margin %	37.5	38.26	37.7	41.67	40.22
SG&A Margin	21.27	21	18.17	21.12	20.41
EBITDA Margin %	19.18	19.68	21.38	22.69	22.47
EBITA Margin %	17.26	18.02	19.88	21.1	20.77
EBIT Margin %	14.05	15.28	17.45	18.35	17.62
Income From Continuing Operations Margin %	-2.36	11.08	13.74	17.38	8.01
Net Income Margin %	-2.36	11.08	13.74	17.38	11.04
Net Avail. For Common Margin %	-2.36	11.08	13.74	17.38	8.01
Normalized Net Income Margin	7.15	8.75	10.29	9.95	9.07
Levered Free Cash Flow Margin	13.28	11.31	11.15	8.04	10.77
Unlevered Free Cash Flow Margin	14.42	12.13	11.82	9.45	12.9
Asset Turnover
Asset Turnover	0.44	0.54	0.61	0.59	0.47
Fixed Assets Turnover	6.02	6.98	7.91	7.47	6.87
Receivables Turnover (Average Receivables)	5.24	5.82	5.79	5.67	5.94
Inventory Turnover (Average Inventory)	5.21	5.46	5.42	4.83	4.99
Short Term Liquidity
Current Ratio	1.7	1.43	1.89	1.82	1.73
Quick Ratio	1.07	0.84	1.26	1.12	0.82
Operating Cash Flow to Current Liabilities	0.76	0.59	0.61	0.72	0.8
Days Sales Outstanding (Average Receivables)	69.87	62.74	63.06	64.4	61.59
Days Outstanding Inventory (Average Inventory)	70.3	66.88	67.33	75.54	73.37
Average Days Payable Outstanding	52.88	49.08	50.97	48.2	52.94
Cash Conversion Cycle (Average Days)	87.3	80.55	79.41	91.74	82.03
Long Term Solvency
Total Debt/Equity	41.41	43.39	42.63	60.62	70.61
Total Debt / Total Capital	29.28	30.26	29.89	37.74	41.39
LT Debt/Equity	39.99	42.49	41.44	58.79	68.75
Long-Term Debt / Total Capital	28.28	29.64	29.05	36.6	40.3
Total Liabilities / Total Assets	44.81	46.6	44.28	49.01	51.93
EBIT / Interest Expense	7.71	11.65	16.27	7.54	5
EBITDA / Interest Expense	11.09	15.62	20.76	9.7	6.62
(EBITDA - Capex) / Interest Expense	9.99	14.4	19.29	8.8	5.92
Total Debt / EBITDA	2.47	2.15	1.8	2.47	3.26
Net Debt / EBITDA	2.17	2.05	1.34	2.23	3.07
Total Debt / (EBITDA - Capex)	2.74	2.33	1.94	2.72	3.64
Net Debt / (EBITDA - Capex)	2.41	2.22	1.44	2.46	3.43
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-9.32	23.19	18.16	12.19	12.63
Gross Profit, 1 Yr. Growth %	-13.44	25.69	16.43	23.99	10.63
EBITDA, 1 Yr. Growth %	-15.14	26.73	28.31	19.07	16.64
EBITA, 1 Yr. Growth %	-17.15	28.98	30.34	19.09	16.58
EBIT, 1 Yr. Growth %	-20.9	34.45	34.93	18.01	13.65
Earnings From Cont. Operations, 1 Yr. Growth %	-121.19	-678.18	46.5	41.85	-47.62
Net Income, 1 Yr. Growth %	-121.19	-678.18	46.5	41.85	-41.49
Normalized Net Income, 1 Yr. Growth %	-18.12	50.72	38.96	8.5	12.83
Diluted EPS Before Extra, 1 Yr. Growth %	-121.71	-675	47.83	41.6	-47.62
Accounts Receivable, 1 Yr. Growth %	-10.97	35.5	6.39	22.29	9.14
Inventory, 1 Yr. Growth %	-3.88	36.86	7.7	27.29	0.03
Net Property, Plant and Equip., 1 Yr. Growth %	1.92	10.51	-1.24	39.14	8.49
Total Assets, 1 Yr. Growth %	-5.91	7.06	4.88	25.69	9.3
Tangible Book Value, 1 Yr. Growth %	-6.28	5.1	-38.58	84.59	758.95
Common Equity, 1 Yr. Growth %	-7.05	3.58	9.44	15.02	3.04
Cash From Operations, 1 Yr. Growth %	2.29	8.52	5.71	33.83	21.78
Capital Expenditures, 1 Yr. Growth %	3.09	-1.25	16.2	54.68	12.8
Levered Free Cash Flow, 1 Yr. Growth %	8.77	5.14	16.45	-19.12	108.57
Unlevered Free Cash Flow, 1 Yr. Growth %	5.97	3.84	15.11	-10.32	92.7
Dividend Per Share, 1 Yr. Growth %	0	0	0	0	8.57
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-4.98	5.69	20.64	15.13	14.45
Gross Profit, 2 Yr. CAGR %	-7.51	4.3	20.97	20.15	21.22
EBITDA, 2 Yr. CAGR %	-3.95	6.97	29.48	23.61	21.55
EBITA, 2 Yr. CAGR %	-4.64	6.92	31.88	24.59	21.75
EBIT, 2 Yr. CAGR %	-6.1	7.31	37.55	26.18	19.49
Earnings From Cont. Operations, 2 Yr. CAGR %	-54.78	10.7	191.04	44.15	-9.36
Net Income, 2 Yr. CAGR %	-54.78	10.7	191.04	44.15	-8.9
Normalized Net Income, 2 Yr. CAGR %	-9.04	11.09	44.72	22.79	12.92
Diluted EPS Before Extra, 2 Yr. CAGR %	-53.23	11.72	191.55	44.68	-9.34
Accounts Receivable, 2 Yr. CAGR %	-6.97	9.83	20.07	14.06	0.95
Inventory, 2 Yr. CAGR %	1.52	14.69	21.41	17.09	1.94
Net Property, Plant and Equip., 2 Yr. CAGR %	12.48	6.13	4.47	17.22	11.57
Total Assets, 2 Yr. CAGR %	-2.07	0.36	5.96	14.81	17.21
Tangible Book Value, 2 Yr. CAGR %	4.97	-0.75	-19.65	6.48	5.57
Common Equity, 2 Yr. CAGR %	-5.3	-1.88	6.47	12.2	8.87
Cash From Operations, 2 Yr. CAGR %	0.07	5.36	7.1	18.94	27.66
Capital Expenditures, 2 Yr. CAGR %	0.63	0.9	7.12	34.07	35.17
Levered Free Cash Flow, 2 Yr. CAGR %	-9.83	10.91	12.19	-2.95	22.79
Unlevered Free Cash Flow, 2 Yr. CAGR %	-8.73	8.37	10.72	1.6	28.68
Dividend Per Share, 2 Yr. CAGR %	15.47	0	0	0	4.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-1.6	3.61	9.69	17.76	6.88
Gross Profit, 3 Yr. CAGR %	-3.81	2.44	8.2	21.97	8.68
EBITDA, 3 Yr. CAGR %	-5.3	5.25	13.66	25.91	11.71
EBITA, 3 Yr. CAGR %	-5.96	5.36	14.22	27.47	12.06
EBIT, 3 Yr. CAGR %	-7.39	5.71	15.82	30.7	12.08
Earnings From Cont. Operations, 3 Yr. CAGR %	-49.28	5.74	21.54	129.04	-4.09
Net Income, 3 Yr. CAGR %	-49.28	5.74	21.54	129.04	6.73
Normalized Net Income, 3 Yr. CAGR %	-12.93	7.64	19.7	31.47	8.16
Diluted EPS Before Extra, 3 Yr. CAGR %	-48.08	7.95	22.65	129.17	-3.87
Accounts Receivable, 3 Yr. CAGR %	-5	5.45	8.67	20.8	2.73
Inventory, 3 Yr. CAGR %	1.62	12.15	12.32	23.34	3.83
Net Property, Plant and Equip., 3 Yr. CAGR %	8.02	11.82	3.61	14.94	7.12
Total Assets, 3 Yr. CAGR %	-2.6	0.88	1.85	12.17	12.95
Tangible Book Value, 3 Yr. CAGR %	35.87	5.01	-15.42	6.02	-11.87
Common Equity, 3 Yr. CAGR %	-14.02	-2.43	1.76	9.25	9.06
Cash From Operations, 3 Yr. CAGR %	-5.66	2.81	5.47	15.36	19.88
Capital Expenditures, 3 Yr. CAGR %	7.95	0	5.76	21.08	23.28
Levered Free Cash Flow, 3 Yr. CAGR %	-4.43	-5.17	12.73	0.59	5.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	-1.79	-4.79	10.57	3.21	9.1
Dividend Per Share, 3 Yr. CAGR %	-	10.06	0	0	2.78
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.01	3.08	6.76	8.07	6.4
Gross Profit, 5 Yr. CAGR %	1.21	2.42	5.43	9.19	6.91
EBITDA, 5 Yr. CAGR %	-0.61	1.82	6.61	12.24	9.79
EBITA, 5 Yr. CAGR %	-1.07	1.67	6.87	12.66	9.97
EBIT, 5 Yr. CAGR %	-3.32	1.59	7.5	13.47	10.14
Earnings From Cont. Operations, 5 Yr. CAGR %	-25.82	1.04	2.02	19.7	1.58
Net Income, 5 Yr. CAGR %	-25.82	1.04	2.02	19.7	8.3
Normalized Net Income, 5 Yr. CAGR %	-7.14	0.24	6.69	13.46	9.33
Diluted EPS Before Extra, 5 Yr. CAGR %	-	2.4	3.54	21.36	2.08
Accounts Receivable, 5 Yr. CAGR %	1.83	4.64	4.33	8.82	5.52
Inventory, 5 Yr. CAGR %	2.58	9.75	9.12	14.1	8.05
Net Property, Plant and Equip., 5 Yr. CAGR %	8	7.31	6.58	13.95	6.72
Total Assets, 5 Yr. CAGR %	-0.88	0.79	0.74	6.24	7.74
Tangible Book Value, 5 Yr. CAGR %	43.87	79.97	10.12	5.6	-7.58
Common Equity, 5 Yr. CAGR %	-7.23	-6.46	-6.35	3.18	4.54
Cash From Operations, 5 Yr. CAGR %	0.01	0.51	-0.75	8.98	13.84
Capital Expenditures, 5 Yr. CAGR %	-3.34	-11.92	7.62	12.44	13.78
Levered Free Cash Flow, 5 Yr. CAGR %	-	6.92	1.29	-4.29	7.42
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	8.33	2.47	-2.28	8.81
Dividend Per Share, 5 Yr. CAGR %	-	-	-	5.92	1.66