nVent Electric (NVT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

nVent Electric

NYSE•Industrials•Electrical Equipment & Parts

$156.03+3.94(0.03%)Market closed

Market Cap

$24.49B

P/E

40.9x

P/S

5.1x

P/B

6.1x

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in the America, Europe, the Middle East, India, Africa, the Asia Pacific, and internationally. It operates in two segments, Systems Protection and Electrical Connections. The company provides solutions to protect electronics, systems, and data in mission critical applications, including data centers. It also offers solutions that connect power and data infrastructure. In addition, the company provides bus systems, cable management, control buildings, liquid and air-cooling solutions, electrical connections, enclosures, equipment protection, power connections, and power management solutions, switchgear systems, as well as tools and test instruments. The company markets its products through electrical distributors, retail, contractors, and original equipment manufacturers under the nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF, and TRACHTE brand names. Its products are used for various applications, such as industrial, commercial and residential, infrastructure, and energy. The company was founded in 1903 and is based in London, the United Kingdom.

How this company scores

ExcellentMetricSide Score: 82/100

Strongest: Cash & Earnings Quality (24/25); weakest: Balance Sheet & Red Flags (18/25).

Profitability20/25

Growth20/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality24/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 40.9x5y range 13.7x – 128.8x

Currently above its 20-quarter median.

P/S · 5.1x5y range 1.8x – 5.1x

Currently above its 20-quarter median.

P/B · 6.1x5y range 2.0x – 6.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $24.49B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.83B
Q. Revenue: $1.47B
TTM EBITDA: $1.06B
TTM Op. Income: $826.50M
Q. Op. Income: $300.70M
TTM Net Income: $598.30M
Q. Net Income: $215.90M
EPS: $1.33
Shares Out.: $161.80M

$4.83B in TTM revenue grew 59.9% YoY, reaching $1.47B last quarter. TTM EBITDA of $1.06B and TTM operating income of $826.50M show growth is flowing through to the bottom line. TTM net income of $598.30M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 37.9%
EBITDA Margin: 24.4%
Op. Margin: 20.4%
Net Margin: 14.7%

Op. margin of 20.4% is up 4.2% YoY — cost efficiency is improving. Net margin at 14.7% and gross margin of 37.9% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 40.9x
P/S Ratio: 5.1x
P/B Ratio: 6.1x

At 40.9x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 5.1x and P/B of 6.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.15B
Cash: $256.00M
Long-Term Debt: $1.48B
Book Value: $3.99B
D/E Ratio: 0.4
Debt/EBITDA: 4.1

With $7.15B in assets and $1.48B in long-term debt, D/E is 0.4and book value is $3.99B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 4 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $183.50M
TTM Free Cash Flow: $577.70M
FCF Margin: 12.0%
FCF / Net Income: 1.0

TTM FCF of $577.70M on $183.50M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.