NVT financial statements

The full income statement, balance sheet, and cash-flow statement for nVent Electric plc Ordinary Shares (NVT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 166.2M2024-09 164.8M2024-12 165.0M2025-03 164.6M2025-06 160.9M2025-09 161.4M2025-12 161.7M2026-03 161.7M2026-06 161.9M-2.6% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	3.89B YoY+29.5%	3.01B YoY+12.6%	2.67B YoY+16.3%	2.30B YoY-6.8%	2.46B YoY+23.2%
	1.47B YoY+21.5%	1.21B YoY+12.5%	1.08B YoY+30.7%	823M YoY-12.6%	942M YoY+25.7%
Cost of revenue	2.42B YoY+34.9%	1.80B YoY+12.8%	1.59B YoY+8.3%	1.47B YoY-3.2%	1.52B YoY+21.7%
Research & development	78.5M YoY+18.8%	66.1M YoY+19.7%	55.2M YoY+21.1%	45.6M YoY-6.2%	48.6M YoY+11.7%
Selling, general & administrative	774M YoY+25.6%	616M YoY+10.5%	557M YoY+19.0%	468M YoY-12.9%	538M YoY+20.3%
Restructuring	7.50M YoY+7.1%	7.00M YoY+79.5%	3.90M YoY-32.8%	5.80M YoY-34.1%	8.80M YoY-50.3%
Amortization of intangibles	147M YoY+55.3%	94.7M YoY+36.3%	69.5M YoY+38.2%	50.3M YoY-25.5%	67.5M
Operating income	617M YoY+17.0%	527M YoY+13.9%	463M YoY+49.7%	309M YoY-13.1%	355M YoY+825.5%
Interest expense	—	—	79.4M YoY+154.5%	31.2M YoY-3.4%	32.3M YoY-11.3%
Net interest income	-75.0M YoY+29.2%	-106M YoY-33.5%	-79.4M YoY-154.5%	-31.2M	—
Other non-operating income	8.20M YoY+1.2%	8.10M YoY+144.3%	-18.3M YoY-131.3%	58.5M YoY+357.0%	12.8M YoY+211.3%
Pre-tax income	550M YoY+28.1%	429M YoY+14.4%	375M YoY+11.6%	336M YoY+4.9%	321M YoY+3475.8%
Income tax	122M YoY-35.5%	188M YoY+323.2%	-84.4M YoY-295.4%	43.2M YoY-9.6%	47.8M YoY+26.8%
	710M YoY+114.0%	332M YoY-41.5%	567M YoY+41.8%	400M YoY+46.5%	273M YoY+678.2%
Income from continuing operations	429M YoY+77.9%	241M YoY-47.6%	460M YoY+56.8%	293M	—
	$4.31 YoY+118.8%	$1.97 YoY-41.5%	$3.37 YoY+41.6%	$2.38 YoY+47.8%	$1.61 YoY+675.0%
EPS (basic)	$4.36 YoY+118.0%	$2.00 YoY-41.5%	$3.42 YoY+42.5%	$2.40 YoY+47.2%	$1.63 YoY+682.1%
	162M YoY-1.9%	166M YoY-0.1%	166M YoY-0.4%	166M YoY-1.0%	168M YoY-1.0%
	165M YoY-2.1%	168M YoY+0.0%	168M YoY-0.1%	168M YoY-0.8%	170M YoY+0.1%
Dividends per share	$0.80 YoY+5.3%	$0.76 YoY+8.6%	$0.70 YoY+0.0%	$0.70 YoY+0.0%	$0.70 YoY+0.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.64B YoY+18.0%	1.39B YoY+4.0%	1.34B YoY+8.7%	1.23B YoY+34.9%	912M YoY+19.2%
Cash & equivalents	238M YoY+81.0%	131M YoY-29.1%	185M YoY-37.8%	298M YoY+501.0%	49.5M YoY-59.6%
Inventory	472M YoY+31.0%	360M YoY+0.0%	360M YoY+3.9%	347M YoY+7.7%	322M YoY+36.9%
Prepaid expenses	46.8M YoY+29.6%	36.1M YoY+8.7%	33.2M YoY-26.1%	44.9M YoY-9.5%	49.6M YoY+66.4%
Other current assets	237M YoY+91.4%	124M YoY+70.9%	72.5M YoY-35.6%	113M YoY+10.3%	102M YoY+9.8%
	6.85B YoY+1.7%	6.73B YoY+9.3%	6.16B YoY+25.7%	4.90B YoY+4.9%	4.67B YoY+7.1%
Property, plant & equipment	435M YoY+24.9%	348M YoY+8.8%	320M YoY+10.6%	289M YoY-0.7%	291M YoY+0.6%
Operating lease right-of-use	129M YoY+20.0%	107M YoY+7.6%	99.6M YoY+30.4%	76.4M YoY-3.4%	79.1M YoY+73.5%
Goodwill	2.68B YoY+20.5%	2.22B YoY+19.6%	1.86B YoY+26.7%	1.47B YoY-32.9%	2.19B YoY+4.2%
Intangible assets	1.88B YoY+18.2%	1.59B YoY+17.5%	1.35B YoY+26.7%	1.07B YoY-6.8%	1.14B YoY+3.5%
Deferred tax assets	46.7M YoY-18.1%	57.0M YoY-65.7%	166M YoY+919.0%	16.3M YoY+11.6%	14.6M YoY-51.0%
Other non-current assets	223M YoY+4.5%	214M YoY-29.4%	303M YoY+116.8%	140M YoY-1.1%	141M YoY+29.9%
	1.00B YoY+25.2%	802M YoY+9.3%	734M YoY+12.9%	650M YoY+2.1%	636M YoY+41.4%
Accounts payable	359M YoY+28.1%	280M YoY+16.8%	240M YoY-4.9%	252M YoY-3.4%	261M YoY+52.5%
Short-term & current debt	13.8M YoY-63.2%	37.5M YoY+17.6%	31.9M YoY+112.7%	15.0M YoY+200.0%	5.00M YoY-75.0%
Current lease liability	30.3M YoY+35.3%	22.4M YoY+14.9%	19.5M YoY+10.2%	17.7M YoY+1.7%	17.4M YoY+22.5%
Other current liabilities	74.5M YoY+33.0%	56.0M YoY+16.7%	48.0M YoY-23.7%	62.9M YoY-1.9%	64.1M YoY+6.3%
Finance lease liability (current)	400K YoY+0.0%	400K	0.00	—	—
	3.12B YoY-10.7%	3.50B YoY+15.8%	3.02B YoY+39.1%	2.17B YoY-0.3%	2.18B YoY+11.3%
Long-term debt	1.55B YoY-27.0%	2.12B YoY+21.1%	1.75B YoY+63.7%	1.07B YoY+7.4%	994M YoY+7.1%
Non-current lease liability	105M YoY+15.8%	90.7M YoY+6.8%	84.9M YoY+33.3%	63.7M YoY-4.2%	66.5M YoY+86.3%
Operating lease liability (total)	135M YoY+19.6%	113M YoY+8.3%	104M YoY+28.3%	81.4M YoY-3.0%	83.9M YoY+68.1%
Finance lease liability (total)	17.8M YoY-1.1%	18.0M	0.00	—	—
Finance lease liability	17.4M YoY-1.1%	17.6M	0.00	—	—
Deferred tax liabilities	232M YoY-4.4%	243M YoY+27.5%	190M YoY-4.7%	200M YoY-5.1%	210M YoY-8.6%
Other non-current liabilities	205M YoY+29.6%	158M YoY-0.6%	159M YoY+27.3%	125M YoY-3.5%	129M YoY+17.1%
	3.73B YoY+15.2%	3.24B YoY+3.0%	3.14B YoY+15.0%	2.73B YoY+9.4%	2.50B YoY+3.6%
Additional paid-in capital	2.07B YoY-8.8%	2.27B YoY-2.9%	2.34B YoY-1.4%	2.37B YoY-1.3%	2.40B YoY-3.2%
Retained earnings	1.69B YoY+52.2%	1.11B YoY+22.5%	905M YoY+98.0%	457M YoY+162.1%	175M YoY+743.0%
Accumulated other comprehensive income	-31.2M YoY+78.4%	-144M YoY-38.8%	-104M YoY-4.4%	-99.6M YoY-19.7%	-83.2M YoY+12.6%
Total equity incl. non-controlling	3.73B YoY+15.2%	3.24B YoY+3.0%	3.14B YoY+15.0%	2.73B YoY+9.4%	2.50B YoY+3.6%
Total liabilities & equity	6.85B YoY+1.7%	6.73B YoY+9.3%	6.16B YoY+25.7%	4.90B YoY+4.9%	4.67B YoY+7.1%
	162M YoY-2.0%	165M YoY-0.1%	165M YoY-0.1%	165M YoY-0.5%	166M YoY-1.2%
	162M YoY-2.0%	165M YoY-0.0%	165M YoY-0.2%	165M YoY-0.4%	166M YoY-1.3%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	465M YoY-27.7%	643M YoY+21.8%	528M YoY+33.8%	395M YoY+5.7%	373M YoY+8.5%
Depreciation & amortization	208M YoY+42.3%	146M YoY+29.0%	113M YoY+31.0%	86.4M YoY-20.3%	108M YoY+182.3%
Intangible amortization	147M YoY+55.3%	94.7M YoY+36.3%	69.5M YoY+38.2%	50.3M YoY-25.5%	67.5M
Share-based compensation	37.5M YoY+37.4%	27.3M YoY+25.2%	21.8M YoY-6.4%	23.3M YoY+40.4%	16.6M YoY+19.4%
Deferred income taxes	8.20M YoY-90.1%	82.7M YoY+148.1%	-172M YoY-900.0%	-17.2M YoY+6.5%	-18.4M YoY-30.5%
Change in receivables	112M YoY+390.4%	-38.6M YoY-272.3%	22.4M YoY-46.8%	42.1M YoY-59.6%	104M YoY+468.2%
Change in inventory	78.7M YoY+13016.7%	600K YoY+102.7%	-21.9M YoY-204.8%	20.9M YoY-71.8%	74.0M YoY+504.4%
Change in payables	57.2M YoY+3713.3%	1.50M YoY-80.0%	7.50M YoY+238.9%	-5.40M YoY-107.3%	73.7M YoY+496.2%
	521M YoY+168.7%	-758M YoY+34.9%	-1.16B YoY-2118.5%	-52.5M YoY+80.8%	-274M YoY-321.5%
Capital expenditure	93.3M YoY+26.1%	74.0M YoY+12.8%	65.6M YoY+62.0%	40.5M YoY+2.5%	39.5M YoY-1.3%
Free cash flow	372M YoY-34.7%	569M YoY+23.0%	463M YoY+30.6%	354M YoY+6.1%	334M YoY+9.8%
Acquisitions	976M YoY+44.0%	678M YoY-39.5%	1.12B YoY+12924.4%	8.60M YoY-96.3%	235M YoY+770.7%
Proceeds from sale of PP&E	5.30M YoY+960.0%	500K YoY+400.0%	100K YoY-95.0%	2.00M YoY+233.3%	600K YoY-70.0%
	-968M YoY-762.4%	146M YoY-71.7%	517M YoY+729.4%	-82.1M YoY+50.8%	-167M YoY+38.8%
Long-term debt issued	275M YoY-45.0%	500M YoY-37.5%	800M YoY+300.0%	200M YoY-33.3%	300M
Long-term debt repaid	873M YoY+590.4%	127M YoY+25.1%	101M YoY+911.0%	10.0M YoY-96.9%	319M YoY+1721.1%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	253M YoY+153.1%	100M YoY+64.5%	60.8M YoY-7.7%	65.9M YoY-40.9%	112M YoY+158.1%
Dividends paid	130M YoY+2.8%	127M YoY+8.6%	117M YoY-0.2%	117M YoY-0.6%	118M YoY-1.1%
FX effect on cash	30.0M YoY+214.9%	-26.1M YoY-448.0%	7.50M YoY+162.5%	-12.0M YoY-118.2%	-5.50M YoY-157.3%
Net change in cash	47.6M YoY+891.7%	4.80M YoY+104.3%	-112M YoY-145.3%	248M YoY+439.7%	-73.0M YoY-553.4%
Interest paid	106M YoY-21.2%	135M YoY+30.6%	103M YoY+109.8%	49.2M YoY+14.4%	43.0M YoY-8.7%
Income taxes paid	283M YoY+135.7%	120M YoY+6.9%	112M YoY+28.8%	87.3M YoY+42.4%	61.3M YoY+56.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	16.5B YoY+46.6%	11.2B YoY+14.7%	9.80B YoY+53.0%	6.41B YoY+1.5%	6.31B YoY+61.1%
P/E	23.2× YoY-31.5%	33.9× YoY+62.8%	20.8× YoY+0.1%	20.8× YoY-10.1%	23.1×
P/S	4.2× YoY+13.2%	3.7× YoY-8.9%	4.1× YoY+81.8%	2.3× YoY-11.9%	2.6× YoY+30.8%
P/B	4.4× YoY+27.3%	3.5× YoY+4.4%	3.3× YoY+37.7%	2.4× YoY-4.4%	2.5× YoY+55.5%
P/FCF	44.3× YoY+124.4%	19.8× YoY-12.9%	22.7× YoY-4.4%	23.7× YoY+25.6%	18.9× YoY+46.7%
	4.3% YoY+46.0%	2.9% YoY-38.6%	4.8% YoY-0.1%	4.8% YoY+11.2%	4.3%
	2.3% YoY-55.4%	5.1% YoY+14.8%	4.4% YoY+4.6%	4.2% YoY-20.4%	5.3% YoY-31.8%
	0.78% YoY-29.6%	1.1% YoY-5.9%	1.2% YoY-34.9%	1.8% YoY-1.2%	1.8% YoY-38.7%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: NVT's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all NVT filings on SEC EDGAR → Not investment advice.