FN2 Earnings Intelligence
nVent Electric plc financials
nVent Electric plc (NVT) financial statements and key operating metrics from FN2 Research.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $49.5 | $297.5 | $185.1 | $131.2 | $237.5 |
| + Debt | - | - | $1,780.7 | $2,155 | $1,559.8 |
| Enterprise Value | - | - | - | - | - |
| Revenue | $2,462 | $2,909 | $3,263.6 | $3,006.1 | $3,893.1 |
| % Growth | 23.2% | 18.2% | 12.2% | -7.9% | 29.5% |
| Gross Profit | $941.9 | $1,096.7 | $1,342.1 | $1,209.1 | $1,469.1 |
| % Margin | 38.3% | 37.7% | 41.1% | 40.2% | 37.7% |
| EBITDA | $396.3 | $483.9 | $639.1 | $578.4 | $677.5 |
| % Margin | 16.1% | 16.6% | 19.6% | 19.2% | 17.4% |
| Net Income | $272.9 | $399.8 | $567.1 | $331.8 | $710.2 |
| % Margin | 11.1% | 13.7% | 17.4% | 11.0% | 18.2% |
| Diluted EPS | $1.61 | $2.38 | $3.37 | $1.97 | $4.31 |
| % Growth | 675.0% | 47.8% | 41.6% | -41.5% | 118.8% |
| Operating Cash Flow | $373.3 | $394.6 | $528.1 | $643.1 | $465.2 |
| CapEx | $39.5 | $45.9 | $71 | $74 | $93.3 |
| Free Cash Flow | $333.8 | $348.7 | $457.1 | $569.1 | $371.9 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue | $2,462 | $2,909 | $3,263.6 | $3,006.1 | $3,893.1 |
| Gross Profit | $941.9 | $1,096.7 | $1,342.1 | $1,209.1 | $1,469.1 |
| EBITDA | $396.3 | $483.9 | $639.1 | $578.4 | $677.5 |
| Net Income | $272.9 | $399.8 | $567.1 | $331.8 | $710.2 |
| Diluted EPS | $1.61 | $2.38 | $3.37 | $1.97 | $4.31 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $49.5 | $297.5 | $185.1 | $131.2 | $237.5 |
| Short-term Debt | - | - | $31.9 | $37.5 | $13.8 |
| Long-term Debt | $994.2 | $1,068.2 | $1,748.8 | $2,117.5 | $1,546 |
| Total Debt | - | - | $1,780.7 | $2,155 | $1,559.8 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $373.3 | $394.6 | $528.1 | $643.1 | $465.2 |
| Capital Expenditure | $39.5 | $45.9 | $71 | $74 | $93.3 |
| Free Cash Flow | $333.8 | $348.7 | $457.1 | $569.1 | $371.9 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 23.2% | 18.2% | 12.2% | -7.9% | 29.5% |
| Gross Margin | 38.3% | 37.7% | 41.1% | 40.2% | 37.7% |
| EBITDA Margin | 16.1% | 16.6% | 19.6% | 19.2% | 17.4% |
| Net Margin | 11.1% | 13.7% | 17.4% | 11.0% | 18.2% |
| FCF Margin | 13.6% | 12.0% | 14.0% | 18.9% | 9.6% |
| Diluted EPS Growth | 675.0% | 47.8% | 41.6% | -41.5% | 118.8% |
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