nVent Electric plc (NVT) Key Metrics
NVT valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $22.99B
- Enterprise value
- $24.37B
- P/E (TTM)
- 39.3 10-yr median 19.9
- Forward P/E
- 25.1
- PEG ratio
- 1.03
- Price / sales
- 4.8 10-yr median 2.7
- Price / book
- 6.6 10-yr median 2.5
- EV / EBITDA
- 26.0 10-yr median 18.0
- Dividend yield
- 0.59% $0.84 a year
- Beta
- 1.34
NVT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsNVT valuation Price multiples at each fiscal year-end price.
NVT returns How much profit the business earns on the capital it uses.
NVT per-share figures Results divided by the shares outstanding at year-end.
NVT financial health Debt, liquidity and how easily interest is covered.
NVT efficiency & capital use Working capital cycle and where the cash goes.
NVT valuation history
NVT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
NVT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
NVT cash returned to shareholders
NVT price vs earnings per share
NVT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $16.78B | $11.46B | $9.94B | $6.47B | $6.45B | $3.95B | $4.43B | $4.06B | — | — |
| Enterprise value | $18.26B | $13.60B | $11.64B | $7.34B | $7.48B | $4.83B | $5.43B | $4.84B | — | — |
| P/E ratio | 23.6 | 34.6 | 17.5 | 16.2 | 23.6 | — | 19.9 | 17.6 | — | — |
| Price / sales | 4.3 | 3.8 | 3.0 | 2.8 | 2.6 | 2.0 | 2.0 | 1.8 | — | — |
| Price / book | 4.5 | 3.5 | 3.2 | 2.4 | 2.6 | 1.6 | 1.7 | 1.5 | — | — |
| Price / free cash flow | 45.1 | 20.1 | 21.5 | 18.6 | 19.3 | 13.0 | 14.9 | 13.4 | — | — |
| Price / operating cash flow | 36.1 | 17.8 | 18.8 | 16.4 | 17.3 | 11.5 | 13.2 | 11.8 | — | — |
| EV / sales | 4.7 | 4.5 | 3.6 | 3.2 | 3.0 | 2.4 | 2.5 | 2.2 | — | — |
| EV / EBITDA | 21.9 | 20.0 | 19.8 | 16.2 | 16.2 | 37.3 | 13.6 | 12.2 | — | — |
| EV / free cash flow | 49.1 | 23.9 | 25.2 | 21.1 | 22.4 | 15.9 | 18.3 | 15.9 | — | — |
| Earnings yield | 4.2% | 2.9% | 5.7% | 6.2% | 4.2% | −1.2% | 5.0% | 5.7% | — | — |
| Free cash flow yield | 2.2% | 5.0% | 4.7% | 5.4% | 5.2% | 7.7% | 6.7% | 7.5% | — | — |
| Dividend yield | 0.8% | 1.1% | 1.2% | 1.8% | 1.8% | 3.0% | 2.7% | 1.5% | — | — |
| Shareholder yield (dividends + buybacks) | 2.3% | 2.0% | 1.8% | 2.8% | 3.6% | 4.1% | 8.1% | 2.9% | — | — |
| Share price at fiscal year-end | $101.97 | $68.16 | $59.09 | $38.47 | $38.00 | $23.29 | $25.58 | $22.46 | — | — |
| Per share | ||||||||||
| Revenue per share | $23.65 | $17.87 | $19.40 | $13.64 | $14.51 | $11.78 | $12.74 | $12.24 | $11.77 | $11.87 |
| Earnings per share | $4.31 | $1.97 | $3.37 | $2.38 | $1.61 | −$0.28 | $1.29 | $1.28 | $2.03 | $1.45 |
| Operating cash flow per share | $2.83 | $3.82 | $3.14 | $2.34 | $2.20 | $2.03 | $1.94 | $1.90 | $2.30 | $2.04 |
| Free cash flow per share | $2.26 | $3.38 | $2.75 | $2.07 | $1.97 | $1.79 | $1.72 | $1.68 | $2.12 | $1.62 |
| Cash per share | $1.44 | $0.78 | $1.10 | $1.77 | $0.29 | $0.72 | $0.62 | $0.88 | $0.15 | $0.12 |
| Book value per share | $22.66 | $19.25 | $18.68 | $16.23 | $14.71 | $14.21 | $14.99 | $14.86 | $21.26 | $19.55 |
| Tangible book value per share | −$5.01 | −$3.40 | −$0.40 | −$3.05 | −$4.92 | −$4.68 | −$4.90 | −$3.99 | $1.78 | −$0.25 |
| Dividends per share | $0.79 | $0.75 | $0.69 | $0.70 | $0.69 | $0.70 | $0.70 | $0.35 | $0.35 | $0.00 |
| Capex per share | $0.57 | $0.44 | $0.39 | $0.27 | $0.23 | $0.24 | $0.22 | $0.22 | $0.18 | $0.42 |
| Debt per share | $10.41 | $13.48 | $11.21 | $6.92 | $6.38 | $5.88 | $6.43 | $5.21 | $0.90 | $0.65 |
| Shares outstanding | 164.6M | 168.2M | 168.2M | 168.3M | 169.7M | 169.6M | 173.0M | 180.8M | 178.3M | 178.3M |
| Change in shares outstanding | −2.1% | 0.0% | −0.1% | −0.8% | +0.1% | −2.0% | −4.3% | +1.4% | 0.0% | 0.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 20.4% | 10.4% | 19.3% | 15.3% | 11.1% | −1.9% | 8.4% | 7.1% | 9.9% | 7.4% |
| Return on invested capital (ROIC) | 9.1% | 5.8% | 13.9% | 7.6% | 8.9% | 0.9% | 8.2% | 7.2% | 8.4% | 7.8% |
| Return on assets (ROA) | 10.5% | 5.1% | 10.3% | 8.3% | 6.0% | −1.0% | 4.8% | 5.0% | 7.8% | 5.7% |
| Return on tangible assets | 30.9% | 11.3% | 19.2% | 24.1% | 20.3% | −4.1% | 18.5% | 20.2% | 28.9% | 26.9% |
| Free cash flow margin | 9.6% | 18.9% | 14.2% | 15.2% | 13.6% | 15.2% | 13.5% | 13.7% | 18.0% | 13.7% |
| Income quality (OCF / net income) | 0.66 | 1.94 | 0.93 | 0.99 | 1.37 | — | 1.51 | 1.49 | 1.13 | 1.40 |
| Financial health | ||||||||||
| Total debt | $1.71B | $2.27B | $1.89B | $1.16B | $1.08B | $997.9M | $1.11B | $941.7M | $160.2M | $115.6M |
| Cash & short-term investments | $237.5M | $131.2M | $185.1M | $297.5M | $49.5M | $122.5M | $106.4M | $159.0M | $26.9M | $21.5M |
| Net debt | $1.48B | $2.14B | $1.70B | $867.1M | $1.03B | $875.4M | $1.01B | $782.7M | $133.3M | $94.1M |
| Debt / equity | 0.46 | 0.70 | 0.60 | 0.43 | 0.43 | 0.41 | 0.43 | 0.35 | 0.04 | 0.03 |
| Debt / assets | 0.25 | 0.34 | 0.31 | 0.24 | 0.23 | 0.23 | 0.24 | 0.21 | 0.03 | 0.03 |
| Net debt / EBITDA | 1.77 | 3.14 | 2.89 | 1.91 | 2.24 | 6.76 | 2.52 | 1.97 | 0.32 | 0.23 |
| Current ratio | 1.63 | 1.73 | 1.82 | 1.89 | 1.43 | 1.70 | 1.73 | 1.83 | 1.87 | 2.06 |
| Quick ratio | 1.16 | 1.28 | 1.22 | 1.36 | 0.93 | 1.18 | 1.20 | 1.34 | 1.30 | 1.43 |
| Interest coverage | 8.2 | 5.0 | 7.4 | 9.9 | 11.0 | 1.1 | 7.5 | 10.0 | — | 237.7 |
| Working capital | $636.1M | $587.7M | $602.5M | $579.7M | $275.2M | $314.4M | $336.5M | $384.8M | $341.7M | $338.9M |
| Invested capital | $5.21B | $5.37B | $4.84B | $3.60B | $3.53B | $3.29B | $3.60B | $3.47B | $3.92B | $3.58B |
| Tangible asset value | −$824.3M | −$571.2M | −$66.5M | −$512.5M | −$834.4M | −$793.9M | −$847.1M | −$720.5M | $316.5M | −$44.2M |
| Net current asset value | −$1.48B | −$2.11B | −$1.68B | −$941.3M | −$1.27B | −$1.19B | −$1.25B | −$1.02B | −$201.1M | −$350.8M |
| Graham number | $46.90 | $29.23 | $37.64 | $29.45 | $23.07 | — | $20.83 | $20.66 | $31.15 | $25.28 |
| Graham net-net per share | −$12.20 | −$16.59 | −$12.71 | −$7.79 | −$9.44 | −$8.53 | −$8.76 | −$7.09 | −$2.69 | −$3.33 |
| Capital allocation | ||||||||||
| Dividends paid | $130.4M | $126.8M | $116.8M | $117.0M | $117.7M | $119.0M | $120.7M | $62.9M | $62.9M | $0 |
| Share buybacks (net) | $253.1M | $100.0M | $60.8M | $65.9M | $111.5M | $43.2M | $235.7M | $56.0M | — | $0 |
| Dividend payout ratio | 18.4% | 38.2% | 20.6% | 29.3% | 43.1% | — | 54.2% | 27.3% | 17.4% | 0.0% |
| Dividends + buybacks / free cash flow | 103.1% | 39.9% | 38.4% | 52.5% | 68.7% | 53.4% | 119.8% | 39.1% | 16.6% | 0.0% |
| Capex / revenue | 2.4% | 2.5% | 2.0% | 2.0% | 1.6% | 2.0% | 1.8% | 1.8% | 1.5% | 3.5% |
| Capex / operating cash flow | 20.1% | 11.5% | 12.4% | 11.6% | 10.6% | 11.6% | 11.5% | 11.5% | 7.8% | 20.5% |
| Capex / depreciation | 0.45 | 0.51 | 0.58 | 0.40 | 0.36 | 0.39 | 0.40 | 0.41 | 0.32 | 0.78 |
| Stock-based compensation / revenue | 1.0% | 0.9% | 0.7% | 1.1% | 0.7% | 0.7% | 0.7% | 0.6% | 0.7% | 0.6% |
| R&D / revenue | 2.0% | 2.2% | 2.2% | 2.0% | 2.0% | 2.2% | 2.2% | 2.1% | 2.0% | 1.9% |
| SG&A / revenue | 19.9% | 20.5% | 20.2% | 26.0% | 21.8% | 22.4% | 22.0% | 23.5% | 23.2% | 20.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 64.8 | 70.5 | 64.4 | 79.9 | 62.7 | 69.7 | 67.8 | 68.8 | 70.2 | 67.7 |
| Days of inventory on hand | 62.7 | 81.4 | 74.8 | 82.9 | 66.9 | 70.1 | 64.5 | 61.7 | 61.9 | 58.3 |
| Days payables outstanding | 48.1 | 52.8 | 46.7 | 63.6 | 51.9 | 52.3 | 50.9 | 49.2 | 47.1 | 41.2 |
| Cash conversion cycle (days) | 79.3 | 99.1 | 92.5 | 99.2 | 77.7 | 87.5 | 81.4 | 81.3 | 85.1 | 84.9 |
| Receivables turnover | 5.63 | 5.18 | 5.67 | 4.57 | 5.82 | 5.24 | 5.38 | 5.31 | 5.20 | 5.39 |
| Payables turnover | 7.59 | 6.91 | 7.81 | 5.74 | 7.04 | 6.97 | 7.17 | 7.42 | 7.75 | 8.87 |
| Inventory turnover | 5.83 | 4.48 | 4.88 | 4.40 | 5.46 | 5.21 | 5.66 | 5.91 | 5.89 | 6.26 |
| Asset turnover | 0.57 | 0.47 | 0.59 | 0.48 | 0.54 | 0.44 | 0.48 | 0.48 | 0.46 | 0.47 |
| Average receivables | $690.9M | $580.8M | $575.9M | $502.6M | $423.2M | $381.6M | $409.5M | $417.2M | $403.6M | $392.4M |
| Average payables | $319.5M | $259.9M | $245.9M | $256.6M | $216.1M | $179.1M | $186.8M | $180.2M | $162.1M | $144.3M |
| Average inventory | $416.1M | $400.8M | $394.0M | $334.3M | $278.6M | $239.9M | $236.4M | $226.2M | $213.2M | $204.7M |
| Intangibles / total assets | 66.5% | 56.6% | 52.1% | 66.2% | 71.3% | 73.4% | 74.1% | 74.8% | 73.5% | 78.6% |
Computed from NVT's annual financial statements (latest annual report filed February 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
NVT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), nVent Electric traded at 23.6 times earnings, against a 10-year median of 19.9. Based on the latest twelve months, the trailing P/E is 39.3 and the forward P/E is 25.1. nVent Electric earned a return on equity of 20.4% and a return on invested capital of 9.1% in fiscal 2025. It ended the year with $1.7 billion of debt and $237.5 million in cash and short-term investments, net debt of $1.5 billion. It returned $383.5 million to shareholders: $130.4 million in dividends and $253.1 million in share buybacks, 103% of free cash flow. The share count fell 7.7% from 178.3M to 164.6M over 9 years.
See the NVT income statement, the NVT chart for price history, or the NVT stock overview for the latest quote and news.
NVT key metrics FAQ
What is nVent Electric's P/E ratio?
nVent Electric's trailing P/E ratio is 39.3 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 25.1. At the end of fiscal 2025 it was 23.6, compared with a 10-year median of 19.9.
What is nVent Electric's EV/EBITDA?
nVent Electric's enterprise value was 21.9 times EBITDA at the end of fiscal 2025 (enterprise value $18.3 billion, EBITDA $832.8 million); the current EV/EBITDA is 26.0.
What is nVent Electric's return on equity?
nVent Electric's return on equity (ROE) was 20.4% in fiscal 2025: net income of $710.2 million on average shareholders' equity of $3.5 billion.
What is nVent Electric's ROIC?
nVent Electric's return on invested capital was 9.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does nVent Electric have?
nVent Electric had total debt of $1.7 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and $1.5 billion of net debt (1.77 times EBITDA).
What is nVent Electric's dividend yield?
nVent Electric's forward dividend yield is 0.59%. nVent Electric paid $130.4 million in dividends in fiscal 2025 ($0.79 per share), a payout ratio of 18.4%.
Does nVent Electric buy back its shares?
Yes. nVent Electric spent $253.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.1% over the year, to 164.6M..
What is nVent Electric's free cash flow yield?
nVent Electric generated $371.9 million of free cash flow in fiscal 2025, a free cash flow yield of 2.2% on its market value at year-end ($16.8 billion).
What is nVent Electric's current ratio?
nVent Electric's current ratio was 1.63 at the end of fiscal 2025: current assets were 1.63 times current liabilities.