nVent Electric plc

NVT · XNYS

CIK 1720635fmd_09MTS31JRVGTSE9XWRJ652XP96Manufacturing · Special Industry Machinery (No Metalworking Machinery)Template: Standard

Coverage: Jan 01, 2016 to Sep 30, 2026, 40 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	2,116	2,098	2,214	2,204	1,999	2,462	2,295	2,669	3,006	3,893
Cost of revenue	1,280	1,256	1,338	1,338	1,249	1,520	1,472	1,594	1,797	2,424
Net interest income	–	–	–	–	–	–	(31)	(79)	(106)	(75)
Gross profit	836	842	876	866	749	942	823	1,075	1,209	1,469
Research and development	41	43	46	48	44	49	46	55	66	79
Selling, general and administrative	462	483	520	485	447	538	468	557	616	774
Operating income	333	316	311	333	38	355	309	463	527	617
Interest expense	1	0	31	45	36	32	31	79	–	–
Other non-operating income (expense)	–	–	–	(31)	(12)	13	59	(18)	8	8
Income before taxes	315	313	269	257	(10)	321	336	375	429	550
Income tax expense	56	(48)	38	35	38	48	43	(84)	188	122
Net income from continuing operations	259	362	231	223	(47)	273	293	460	241	429
Net income	259	362	231	223	(47)	273	400	567	332	710