Income StatementBalance SheetCash FlowSegments
nVent Electric plc logo

nVent Electric plc Business Segments

Business, geographic, and product segment breakdowns

nVent Electric plc generates $4.3B in annual revenue across 2 key segments: Electrical Connections ($1.3B), and Systems Protection ($3.0B). The company-wide operating margin is 15.78%. Based on the Q1 2026 filing.

Electrical Connections (TTM)$1.3BSystems Protection (TTM)$3.0B
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$26.0B
P/E Ratio52.83
ROE13.27%

Geographic

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas—$633.9M$777.9M$864.8M—$1.1B
EMEA$49.9M$136.7M$148.1M$152.2M$150.3M$150.3M
Asia-Pacific$6.3M$38.7M$37.1M$37.0M$34.7M$41.5M

Property, Plant and Equipment, Net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
EMEA$72.3M———$80.8M—

Business Segments

Acquisitions/divestitures

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$0.0$2.2M$397.2M$200.0K$0.0$400.0K
Electrical Connections$0.0$0.0$44.1M-$300.0K$100.0K-$100.0K

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$2.1B$2.2B$3.3B$3.3B$3.3B$3.5B
Electrical Connections$3.2B$3.2B$3.3B$3.3B$3.3B$3.3B

CapEx

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$17.2M$14.9M$8.7M$13.5M$29.7M$24.5M
Electrical Connections$6.6M$4.5M$6.0M$4.2M$5.0M$7.4M

Cost of goods sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$290.1M$324.9M$401.5M$470.5M$489.6M$586.4M
Electrical Connections$158.0M$166.9M$184.7M$184.9M$184.5M$205.7M

Depreciation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$6.9M$6.9M$7.1M$9.6M$8.3M$9.1M
Electrical Connections$5.6M$5.8M$6.1M$6.1M$6.1M$6.2M

Foreign currency translation/other

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection-$7.9M$4.0M$9.4M$200.0K$700.0K-$2.8M
Electrical Connections$0.0$0.0$0.0$0.0$0.0$0.0

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Electrical Connections$1.4B$1.4B$1.5B$1.5B$1.5B$1.5B
Systems Protection$790.1M$796.3M$1.2B$1.2B$1.2B$1.2B

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$465.5M$508.2M$632.0M$715.6M$737.1M$894.8M
Electrical Connections$286.7M$301.1M$331.1M$338.4M$329.6M$347.2M

Reportable segment income

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$100.1M$104.2M$137.1M$146.2M$149.5M$203.1M
Electrical Connections$84.2M$85.1M$94.9M$101.6M$91.0M$84.8M
Enterprise and other—-$27.1M-$32.0M-$34.5M—-$39.4M

R&D

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$10.8M$10.6M$11.6M$13.2M$13.9M$15.1M
Electrical Connections$5.6M$5.2M$5.6M$5.6M$5.4M$5.8M

Restructuring costs

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$100.0K$300.0K$300.0K$400.0K$200.0K$1.4M
Electrical Connections$1.0M$300.0K$500.0K$2.1M$500.0K$1.0M
Enterprise and other—$300.0K$2.3M$200.0K—$600.0K

SG&A

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$64.5M$68.5M$81.8M$85.7M$84.1M$90.2M
Electrical Connections$38.9M$43.9M$45.9M$46.3M$48.7M$50.9M