nVent Electric plc
- Open
- 149.00
- Day high
- 154.30
- Day low
- 147.01
- Prev close
- 148.17
- Volume
- 922K
- Mkt cap
- $24.0B
- P/E (TTM)
- 40.2
- EPS (TTM)
- $3.80
- P/B
- 6.0
- P/S
- 5.0
- Yield
- 0.56%
- Per share
- $0.83
- ▼Insiders net selling -$12.3M over the last 3 months (0 open-market buys, 6 sales)
- 🏛Institutions accumulating (13F)
nVent Electric plc (NVT) is a Industrials company listed on NYSE. The stock is up 64% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 6 sales (SEC Form 4). Drillr has 1 published research article covering NVT.
nVent Electric plc (NVT) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 6 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
NVT earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 31, 2026 | $1.16 | $1.45 | +25.0% | $1.5B | +16.9% |
| May 1, 2026 | $0.94 | $1.09 | +16.0% | $1.2B | +12.0% |
| Feb 6, 2026 | $0.89 | $0.90 | +1.1% | $1.1B | -3.5% |
| Oct 31, 2025 | $0.89 | $0.91 | +2.8% | $1.1B | +4.8% |
| Aug 1, 2025 | $0.79 | $0.86 | +9.0% | $963M | +6.0% |
| May 2, 2025 | $0.66 | $0.67 | +1.5% | $809M | -2.3% |
| Feb 6, 2025 | $0.59 | $0.59 | +0.0% | $752M | -5.0% |
| Nov 1, 2024 | $0.77 | $0.63 | -18.2% | $782M | -16.6% |
| May 3, 2024 | $0.74 | $0.77 | +4.1% | $732M | -15.3% |
| Oct 27, 2023 | $0.73 | $0.84 | +14.6% | $715M | -18.6% |
| Jul 28, 2023 | $0.68 | $0.77 | +13.2% | $803M | -0.2% |
| Apr 28, 2023 | $0.67 | $0.67 | +0.0% | $741M | +0.5% |
NVT insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Aug 11, 2026 | van der Kolk Robert J.officer: President of EMEA and APAC | Option | 5,858 | $20.22 |
| Aug 11, 2026 | van der Kolk Robert J.officer: President of EMEA and APAC | Sell | 5,858 | $164.32 |
| Aug 6, 2026 | Wozniak Bethofficer: Chair & CEO | Sell | 5,885 | $163.61 |
| Aug 6, 2026 | Wozniak Bethofficer: Chair & CEO | Sell | 4,856 | $162.71 |
| Aug 6, 2026 | Wacker Randolph A.officer: SVP & Chief Accounting Officer | Sell | 22,525 | $164.62 |
| Aug 6, 2026 | Wozniak Bethofficer: Chair & CEO | Sell | 3,240 | $165.34 |
| Aug 6, 2026 | Wozniak Bethofficer: Chair & CEO | Option | 46,261 | $25.34 |
| Aug 6, 2026 | Wozniak Bethofficer: Chair & CEO | Sell | 32,280 | $164.73 |
| Jul 20, 2026 | Leopold Dianedirector | Tax | 222 | $154.92 |
| Jul 20, 2026 | Jain Nitinofficer: EVP and Chief Strategy Officer | Tax | 283 | $154.92 |
| Jun 11, 2026 | Jain Nitinofficer: EVP and Chief Strategy Officer | Grant | 1,594 | — |
| May 19, 2026 | Aaholm Sherry Adirector | Tax | 602 | $169.01 |
| May 19, 2026 | Ostling Danita Kdirector | Tax | 355 | $169.01 |
| May 19, 2026 | Leopold Dianedirector | Grant | 976 | — |
| May 19, 2026 | Parker Herbert Kdirector | Tax | 602 | $169.01 |
Source: NVT SEC Form 4 filings, latest Aug 11, 2026. For informational purposes only — not investment advice.
See the full NVT insider & 13F page →nVent Electric plc company profile
Overview
nVent Electric plc (NYSE:NVT) is a global industrial technology company that designs, manufactures, and services electrical connection and protection solutions. Founded in 1903 and headquartered in London, United Kingdom, the company went public in April 2018 following its spin-off from Pentair plc. nVent has undergone significant portfolio transformation in recent years, divesting its Thermal Management business in 2024 and focusing on high-growth markets driven by electrification, sustainability, and digitalization trends. The company operates through two primary segments and serves customers across energy, industrial, infrastructure, and commercial sectors worldwide.
Business
nVent Electric operates in the electrical equipment and parts industry, providing critical infrastructure solutions that connect and protect electrical systems. The company's products are essential components in the electrical infrastructure that powers modern buildings, data centers, industrial facilities, and utility networks. The company operates through two main business segments following its recent portfolio restructuring: 1. Systems Protection (formerly Enclosures): This segment generates approximately 60% of total revenue and provides solutions to connect and protect critical electronics, communication, control, and power equipment. Products include metallic and non-metallic enclosures, cabinets, server racks, and backplanes that house sensitive electrical equipment. These products are essential for data centers, telecommunications infrastructure, and industrial control systems. The segment also offers specialized protection for aerospace, defense, and test measurement applications. 2. Electrical Connections (formerly Electrical & Fastening Solutions): Contributing about 40% of revenue, this segment offers fastening and connection solutions for electrical and mechanical systems. Products include cable management systems, grounding solutions, and engineered fastening products that ensure reliable electrical connections in buildings and infrastructure. These solutions are critical for maintaining electrical safety and system integrity across various applications. The company has strategically positioned itself around three key growth verticals: Infrastructure (now over 40% of sales), Data Solutions (approximately 20% of sales), and Power Utilities (about 20% of sales). Within Data Solutions, nVent has become a leader in liquid cooling systems for high-performance computing and artificial intelligence applications, partnering with companies like NVIDIA to develop advanced cooling solutions for data centers.
Revenue model
nVent Electric generates revenue primarily through direct product sales to a diverse customer base that includes electrical distributors, data center contractors, original equipment manufacturers (OEMs), and maintenance contractors. The company operates a traditional manufacturing business model where it designs, produces, and sells physical products with established pricing structures. The company's revenue streams are driven by several key factors. Infrastructure spending represents the largest growth driver, particularly investments in data centers, power grid modernization, and renewable energy projects. The rapid expansion of artificial intelligence and cloud computing has created substantial demand for nVent's data center solutions, especially liquid cooling systems that manage the intense heat generated by high-performance computing equipment. Several factors influence nVent's profitability margins. Positive factors include the company's focus on higher-margin, engineered solutions rather than commodity products, its strong market positions in specialized niches like liquid cooling, and its ability to implement price increases to offset inflationary pressures. The company has demonstrated pricing power, particularly in its specialized data center and infrastructure solutions where customers value reliability and performance over cost. Margin pressures come from raw material cost inflation, particularly steel and copper prices that directly impact manufacturing costs. Labor cost inflation and supply chain disruptions can also compress margins. Additionally, the company faces potential tariff impacts, with management expecting approximately $120 million in tariff-related headwinds in 2025. However, nVent has historically managed these challenges through productivity improvements, pricing actions, and supply chain optimization. The company's geographic and end-market diversification provides some stability, as weakness in one sector can be offset by strength in others. For example, while commercial construction markets have been soft, strong performance in data centers and power utilities has maintained overall growth momentum.
Competitive moat
nVent Electric possesses a moderate competitive moat built primarily on specialized engineering expertise, established customer relationships, and market positioning in critical infrastructure applications. The company's strongest moat exists in its data center and liquid cooling solutions, where it has developed deep technical expertise and partnerships with leading technology companies like NVIDIA. The company benefits from switching costs in many of its applications, as customers are reluctant to change electrical protection and connection systems once they are installed and proven reliable. In mission-critical applications like data centers and power utilities, reliability and performance often take precedence over price, giving nVent some pricing power with its established solutions. Brand recognition through names like CADDY, ERICO, HOFFMAN, RAYCHEM, and SCHROFF provides another layer of competitive protection. These brands have decades of market presence and are often specified by engineers and contractors who trust their reliability in critical applications. However, nVent's moat has limitations. Many of its products, particularly in the electrical fastening segment, face competition from numerous manufacturers offering similar solutions. The company operates in mature markets where differentiation can be challenging, and larger competitors with greater scale advantages pose ongoing threats. The company's recent focus on high-growth, technology-driven markets like liquid cooling represents an attempt to strengthen its competitive position. Success in these emerging markets could significantly enhance nVent's moat, while failure to maintain technological leadership could erode its competitive advantages. The partnership with NVIDIA and investments in expanding liquid cooling capacity suggest management recognizes the importance of strengthening its position in the most defensible parts of its business.
Risks & safety
nVent Electric demonstrates strong financial stability with solid liquidity and manageable debt levels, though recent acquisitions have temporarily elevated leverage. • Liquidity and Cash Position: Strong cash position of $1.34 billion as of Q1 2025, providing substantial financial flexibility. Current ratio of 2.87 indicates healthy short-term liquidity. • Debt and Solvency: Debt-to-equity ratio of 0.49 is reasonable, though elevated from recent acquisition activity. Management expects leverage to be less than 1x EBITDA, indicating conservative debt management. • Cash Generation: Solid free cash flow generation of $427 million in 2024, with management targeting 95-100% free cash flow conversion. Q1 2025 free cash flow of $43 million shows some quarterly variability. • Valuation Metrics: Current P/E ratio of 6.0 appears attractive, though this may reflect one-time gains. EV/EBITDA of 17.5 suggests moderate valuation levels for an industrial company. • Other Considerations: Recent portfolio transformation through thermal management divestiture and strategic acquisitions positions the company for higher growth markets, though execution risks remain. Strong balance sheet provides flexibility for continued M&A activity and capital returns.
Recent development
nVent Electric has undergone significant strategic transformation over the past few years, fundamentally reshaping its business portfolio and market focus. The most significant development was the divestiture of the Thermal Management business for $1.7 billion in early 2025, which removed a slower-growth segment and provided substantial capital for redeployment. Simultaneously, the company has pursued strategic acquisitions to strengthen its position in high-growth markets. Key acquisitions include Trachte, a custom engineered control building solutions manufacturer, and Avail Electrical Products Group, which strengthens the company's presence in power utilities, data centers, and renewable energy markets. These acquisitions align with nVent's focus on electrification and infrastructure modernization trends. The company has made substantial investments in liquid cooling technology for data centers, expanding manufacturing capacity by 4x and developing partnerships with leading technology companies like NVIDIA. This positions nVent to capitalize on the artificial intelligence boom driving demand for advanced cooling solutions in high-performance computing applications. Product innovation has accelerated, with the company launching approximately 90 new products in 2024 alone, with 85% having positive sustainability impacts. This innovation focus supports the company's repositioning around electrification, sustainability, and digitalization trends. The strategic transformation has resulted in a more focused portfolio, with Infrastructure now representing over 40% of sales, Data Solutions approximately 20%, and Power Utilities about 20%. This shift toward higher-growth, technology-driven markets represents a significant evolution from the company's traditional electrical products focus.
NVT company profile · for informational purposes only — not investment advice.
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