nVent Electric plc (NVT) stock
NVTNYSESpecial Industry Machinery (No Metalworking Machinery)Fiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 15/304% below fair value
$114.69−0.81 (-0.70%)
Close on Nov 13, 2026Market cap $18.53BP/E 27.7Yield 0.70%
nVent Electric gross margin
Gross margin is gross profit as a percentage of revenue.
nVent Electric's gross margin for the twelve months ending Sep 30, 2026 was 36.6%. For fiscal 2025 it was 37.7%, against 40.2% the year before. The highest annual figure on record is 40.3% in fiscal 2023.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 37.7% | −2.5 |
| FY2024 | Dec 31, 2024 | 40.2% | −0.1 |
| FY2023 | Dec 31, 2023 | 40.3% | +4.4 |
| FY2022 | Dec 31, 2022 | 35.9% | −2.4 |
| FY2021 | Dec 31, 2021 | 38.3% | +0.8 |
| FY2020 | Dec 31, 2020 | 37.5% | −1.8 |
| FY2019 | Dec 31, 2019 | 39.3% | −0.3 |
| FY2018 | Dec 31, 2018 | 39.6% | −0.6 |
| FY2017 | Dec 31, 2017 | 40.1% | +0.6 |
| FY2016 | Dec 31, 2016 | 39.5% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 35.8% | −1.6 |
| Q2 FY2026 | Jun 30, 2026 | 37.9% | −0.7 |
| Q1 FY2026 | Mar 31, 2026 | 35.9% | −2.9 |
| Q4 FY2025 | Dec 31, 2025 | 36.5% | −3.4 |
| Q3 FY2025 | Sep 30, 2025 | 37.4% | −2.3 |
| Q2 FY2025 | Jun 30, 2025 | 38.6% | −3.0 |
| Q1 FY2025 | Mar 31, 2025 | 38.8% | −1.0 |
| Q4 FY2024 | Dec 31, 2024 | 39.8% | −0.2 |
| Q3 FY2024 | Sep 30, 2024 | 39.8% | −0.7 |
| Q2 FY2024 | Jun 30, 2024 | 41.6% | +0.2 |
| Q1 FY2024 | Mar 31, 2024 | 39.7% | −1.2 |
| Q4 FY2023 | Dec 31, 2023 | 40.0% | +26.1 |
| Q3 FY2023 | Sep 30, 2023 | 40.4% | +1.5 |
| Q2 FY2023 | Jun 30, 2023 | 41.3% | +4.5 |
| Q1 FY2023 | Mar 31, 2023 | 40.9% | +5.3 |
| Q4 FY2022 | Dec 31, 2022 | 13.9% | −23.0 |
| Q3 FY2022 | Sep 30, 2022 | 38.9% | −0.1 |
| Q2 FY2022 | Jun 30, 2022 | 36.8% | −2.3 |
| Q1 FY2022 | Mar 31, 2022 | 35.6% | −2.5 |
| Q4 FY2021 | Dec 31, 2021 | 37.0% | −0.8 |
| Q3 FY2021 | Sep 30, 2021 | 39.0% | +0.3 |
| Q2 FY2021 | Jun 30, 2021 | 39.1% | +3.3 |
| Q1 FY2021 | Mar 31, 2021 | 38.1% | +0.6 |
| Q4 FY2020 | Dec 31, 2020 | 37.8% | −1.0 |
| Q3 FY2020 | Sep 30, 2020 | 38.6% | −1.4 |
| Q2 FY2020 | Jun 30, 2020 | 35.8% | −3.5 |
| Q1 FY2020 | Mar 31, 2020 | 37.5% | −1.5 |
| Q4 FY2019 | Dec 31, 2019 | 38.8% | +0.3 |
| Q3 FY2019 | Sep 30, 2019 | 40.0% | −0.6 |
| Q2 FY2019 | Jun 30, 2019 | 39.3% | −1.1 |
| Q1 FY2019 | Mar 31, 2019 | 39.0% | +0.3 |
| Q4 FY2018 | Dec 31, 2018 | 38.5% | +0.0 |
| Q3 FY2018 | Sep 30, 2018 | 40.6% | −0.1 |
| Q2 FY2018 | Jun 30, 2018 | 40.4% | −0.4 |
| Q1 FY2018 | Mar 31, 2018 | 38.8% | −0.8 |
| Q4 FY2017 | Dec 31, 2017 | 38.5% | – |
| Q3 FY2017 | Sep 30, 2017 | 40.7% | – |
| Q2 FY2017 | Jun 30, 2017 | 40.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 39.6% | – |
See a number that looks wrong?