nVent Electric plc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.89B | $3.01B | $2.67B | $2.30B | $2.46B | $2.00B | $2.20B | $2.21B |
| Cost of Revenue | $2.42B | $1.80B | $1.59B | $1.47B | $1.52B | $1.25B | $1.34B | $1.34B |
| Gross Profit | $1.47B | $1.21B | $1.08B | $822.9M | $941.9M | $749.4M | $865.8M | $876.1M |
| Gross Margin | 37.7% | 40.2% | 40.3% | 35.9% | 38.3% | 37.5% | 39.3% | 39.6% |
| Operating Expenses | ||||||||
| Research & Development | $78.5M | $66.1M | $55.2M | $45.6M | $48.6M | $43.5M | $48.2M | $45.6M |
| SG&A Expense | $773.8M | $615.9M | $557.3M | $468.3M | $537.9M | $447.0M | $484.5M | $519.7M |
| Operating Income | $616.8M | $527.1M | $462.7M | $309.0M | $355.4M | $38.4M | $333.1M | $310.8M |
| Operating Margin | 15.8% | 17.5% | 17.3% | 13.5% | 14.4% | 1.9% | 15.1% | 14.0% |
| Interest Expense | — | — | $79.4M | $31.2M | $32.3M | $36.4M | $44.7M | $31.2M |
| Pretax Income | $550.0M | $429.2M | $375.3M | $336.3M | $320.7M | $-9.5M | $257.4M | $268.7M |
| Income Tax Expense | $121.5M | $188.4M | $-84.4M | $43.2M | $47.8M | $37.7M | $34.7M | $37.9M |
| Net Income | $710.2M | $331.8M | $567.1M | $399.8M | $272.9M | $-47.2M | $222.7M | $230.8M |
| Net Margin | 18.2% | 11.0% | 21.2% | 17.4% | 11.1% | -2.4% | 10.1% | 10.4% |
| EPS (Basic) | $4.36 | $2.00 | $3.42 | $2.40 | $1.63 | $-0.28 | $1.30 | $1.29 |
| EPS (Diluted) | $4.31 | $1.97 | $3.37 | $2.38 | $1.61 | $-0.28 | $1.29 | $1.28 |
| Shares Outstanding (Basic) | 162.4M | 165.5M | 165.6M | 166.3M | 167.9M | 169.6M | 171.6M | 178.6M |
| Shares Outstanding (Diluted) | 164.6M | 168.2M | 168.2M | 168.3M | 169.7M | 169.6M | 173.0M | 180.8M |
| Dividends Per Share | $0.80 | $0.76 | $0.70 | $0.70 | $0.70 | $0.70 | $0.70 | $0.35 |