NVT nVent Electric plc

Overview and Growth

nVent Electric plc generated $3.89B of revenue in fiscal 2025, with net income of $710.20M and an operating cash inflow of $465.20M. At $3.89B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 29.5% from $3.01B in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $4.31, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 118.8% increase from fiscal 2024 diluted EPS of $1.97. Asset turnover was 0.57x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $1.47B as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 37.7% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $616.80M, capturing profitability after direct costs and the operating expenses reflected in the statements. Operating margin measured 15.8%, showing the portion of revenue preserved after the full set of operating costs. Net income came to $710.20M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 18.2% margin after operating costs and the remaining recognized items. Pretax income was $550.00M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 14.1% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $121.50M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 22.1%, without assuming a statutory-rate comparison.

Liquidity and Capital Structure

At period end, the $6.85B asset base was financed through $3.12B of liabilities and $3.73B of equity. At period end, current assets of $1.64B compared with current liabilities of $1.00B, defining the company’s short-term resource position. Current assets covered current liabilities by 1.63x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $237.50M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 23.7%, excluding receivables and other current assets. Total debt was $1.56B, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 0.42x of book equity, describing the relative scale of borrowing and shareholder capital. Relative to total assets, debt measured 22.8%, showing how much of the asset base was matched by borrowing. Relative to total assets, liabilities measured 45.6%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 3.5%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Cash flow from operations was $465.20M, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 0.66x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $93.30M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 20.1%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $371.90M of positive free cash flow for the period. Free cash flow represented 9.6% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 5.4%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.