# nVent Electric plc (NVT)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $26.84B  
**Price:** $165.25 (+5.40%)

> nVent Electric plc is a global provider of electrical connection and protection solutions. The company designs, manufactures, markets, installs, and services a comprehensive portfolio of high-performance products, including electrical enclosures and fastening solutions. These offerings connect and protect sensitive equipment, buildings, and critical processes across diverse end markets such as data centers, industrial automation, commercial buildings, power utilities, renewable energy, infrastructure, energy storage, industrial, commercial, and residential sectors. With a primary focus on North America for the majority of its sales, nVent Electric plc supports essential applications worldwide, ensuring reliable performance in demanding environments. Founded in 2017 and headquartered in London, United Kingdom, with key management operations in St. Louis Park, Minnesota, USA, the company plays a vital role in the electrical equipment and parts industry, delivering innovative solutions that enhance safety, efficiency, and connectivity in infrastructure and industrial applications.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.89B | $1.47B | $617M | $710M | $4.31 |
| 2024 | $3.01B | $1.21B | $527M | $332M | $1.97 |
| 2023 | $3.26B | $1.34B | $587M | $567M | $3.37 |
| 2022 | $2.91B | $1.10B | $440M | $400M | $2.38 |
| 2021 | $2.46B | $942M | $355M | $273M | $1.61 |
| 2020 | $2.00B | $749M | $259M | -$47M | $-0.28 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $6.85B | $3.12B | $3.73B | $238M | $1.65B |
| 2024 | $6.73B | $3.50B | $3.24B | $131M | $2.21B |
| 2023 | $6.16B | $3.02B | $3.14B | $185M | $1.85B |
| 2022 | $4.90B | $2.17B | $2.73B | $298M | $1.13B |
| 2021 | $4.67B | $2.18B | $2.50B | $50M | $1.06B |
| 2020 | $4.37B | $1.96B | $2.41B | $123M | $964M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $656M | $5M | $372M |
| 2024 | $487M | $500,000 | $569M |
| 2023 | $518M | $8M | $457M |
| 2022 | $456M | $2M | $349M |
| 2021 | $368M | $600,000 | $334M |
| 2020 | $106M | $2M | $304M |

Source: [CompaniesByCap](https://companiesbycap.com/company/NVT)