nVent Electric plc (NVT) Financials

NYSE:NVT

Market Cap

9.19B

Total Revenue

2.91B

Gross Profit

1.10B

Operating Income

440.40M

Net Income

399.80M

Metric	2015	2016	2017	2018	2019	2020	2021	2022
revenue	1,809,300,000	2,116,000,000	2,097,900,000	2,213,600,000	2,204,000,000	1,998,600,000	2,462,000,000	2,909,000,000
costOfRevenue	1,139,200,000	1,280,200,000	1,256,000,000	1,337,500,000	1,338,200,000	1,249,200,000	1,520,100,000	1,812,300,000
grossProfit	670,100,000	835,800,000	841,900,000	876,100,000	865,800,000	749,400,000	941,900,000	1,096,700,000
researchAndDevelopmentExpenses	29,300,000	40,600,000	42,500,000	45,600,000	48,200,000	43,500,000	48,600,000	60,400,000
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	485,900,000	519,700,000	--	--	--	--
sellingGeneralAndAdministrativeExpenses	373,800,000	462,400,000	485,900,000	519,700,000	484,500,000	447,000,000	537,900,000	595,900,000
operatingExpenses	403,100,000	503,000,000	528,400,000	565,300,000	532,700,000	490,500,000	586,500,000	656,300,000
operatingIncome	267,000,000	332,800,000	313,500,000	310,800,000	333,100,000	247,400,000	355,400,000	440,400,000
totalOtherIncomeExpensesNet	-1,100,000	-16,400,000	-200,000	-10,900,000	-75,700,000	-256,900,000	-34,700,000	32,200,000
ebitda	329,900,000	411,600,000	411,400,000	397,000,000	398,900,000	350,000,000	476,600,000	618,000,000
depreciationAndAmortization	62,900,000	95,200,000	97,900,000	97,100,000	65,800,000	102,600,000	121,200,000	177,600,000
interestIncome	--	--	--	--	--	--	--	--
interestExpense	1,100,000	1,400,000	200,000	31,200,000	44,700,000	36,400,000	32,300,000	31,200,000
incomeBeforeTax	265,900,000	315,000,000	313,300,000	268,700,000	257,400,000	-9,500,000	320,700,000	472,600,000
incomeTaxExpense	55,800,000	55,900,000	-48,400,000	37,900,000	34,700,000	37,700,000	47,800,000	72,800,000
netIncome	210,100,000	259,100,000	361,700,000	230,800,000	222,700,000	-47,200,000	272,900,000	399,800,000
eps	1.18	1.45	2.03	1.29	1.3	-0.28	1.63	2.4
epsdiluted	1.18	1.45	2.03	1.28	1.29	-0.28	1.61	2.38
weightedAverageShsOut	178,300,000	178,300,000	178,300,000	178,600,000	171,600,000	169,600,000	167,900,000	166,300,000
weightedAverageShsOutDil	178,300,000	178,300,000	178,300,000	180,800,000	173,000,000	169,600,000	169,700,000	168,300,000
costAndExpenses	1,542,300,000	1,783,200,000	1,784,400,000	1,902,800,000	1,870,900,000	1,739,700,000	2,106,600,000	2,468,600,000
otherExpenses	373,800,000	-16,400,000	--	-10,900,000	-31,000,000	-11,500,000	12,800,000	63,400,000

Key Facts

Industry

Electrical Equipment & Parts

Sector

Industrials

Headquarters

London, , GB

Website

nvent.com

CEO

Ms. Beth A. Wozniak

Employees

9900

About the Company

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection products worldwide. The company operates through three segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. The Enclosures segment provides solutions to connect and protect critical electronics, communication, control, and power equipment; physical infrastructure solutions to host, connect, and protect server and network equipment; and indoor and outdoor protection for test and measurement and aerospace and defense applications in industrial, infrastructure, commercial, and energy verticals. Its products also include metallic and non-metallic enclosures, cabinets, sub racks, and backplanes. The Electrical & Fastening Solutions segment offers fastening solutions to connect and protect electrical and mechanical systems, and civil structures. It also provides engineered electrical and fastening products. The Thermal Management segment offers electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people. This segment provides thermal management systems comprising heat tracing, floor heating, fire-rated and specialty wiring, sensing, and snow melting and de-icing solutions. The company sells its products under the CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. nVent Electric plc markets its products through electrical distributors, data center contractors, original equipment manufacturers, and maintenance contractors. It serves the energy, industrial, infrastructure, and commercial and residential sectors. The company was founded in 1903 and is based in London, the United Kingdom.