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nVent Electric Gross Profit 2016-2026 | NVT

Annual FY2016–FY2025 · quarterly through Q3 FY2026

Latest annual · FY2025

$1.47B

+21.5%YoY vs FY2024Source: 10-KFY2025

From $835.8M in FY2016 to $1.47B in FY2025: 1.8× in 9 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$446M+42.0%$558M+50.1%$543M+37.5%Not reported
FY25$314M+7.8%$372M+20.9%$395M+26.9%$389M+29.8%
FY24$291M−4.1%$308M−7.3%$311M+7.6%$300M+98.3%
FY23$303M+22.6%$332M+23.9%$289M−0.3%$151M+748.3%
FY22$247M+18.3%$268M+13.9%$290M+15.8%$18M−92.8%
Share25%26%28%21%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+14.4%

FY2020
$749.4M
FY2025
$1.47B

5 years selected · on the chart

Gross Profit History

Year-over-year comparison from 10-K annual reports

  1. $1.47B
YoY changeLargest recent move+30.7%in FY23Latest +21.5%

Gross Profit, period by period

PeriodValueChangeSource
FY2025$1.47B+21.5%10-K
FY2024$1.21B+12.5%10-K
FY2023$1.08B+30.7%10-K
FY2022$822.9M−12.6%10-K
FY2021$941.9M+25.7%10-K
FY2020$749.4M−13.4%10-K
FY2019$865.8M−1.2%10-K
FY2018$876.1M+4.1%10-K
FY2017$841.9M+0.7%10-K
FY2016$835.8M—10-K

What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is nVent Electric's current gross profit?

nVent Electric (NVT) annual gross profit for 2025 was $1.47B, a 21.50% increase from 2024. nVent Electric gross profit for the quarter ending September 30, 2026 was $542.9M.

What was nVent Electric's gross profit in 2024?

nVent Electric annual gross profit for 2024 was $1.21B, a 12.45% increase from 2023.

What was nVent Electric's gross profit in 2023?

nVent Electric annual gross profit for 2023 was $1.08B, a 30.66% increase from 2022.

What is nVent Electric's 5-year gross profit CAGR?

nVent Electric gross profit grew at a compound annual growth rate (CAGR) of 14.41% from FY2020 to FY2025, going from $749.4M to $1.47B over 5 years.

Company
nVent Electric
Ticker
NVT
Sector
Industrial
Industry
Special Industry Machinery (No Metalworking Machinery)