nVent Electric plc NVT Asset turnover
Asset turnover at other companies
Other financials
Where this comes from
Calculated from nVent Electric plc’s reported figures.
Based on trailing twelve months.
The official record: nVent Electric plc’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is nVent Electric plc's asset turnover?
- nVent Electric plc (NVT) reported asset turnover of 0.6× in Q1 2026.
- How has nVent Electric plc's asset turnover changed year-over-year?
- nVent Electric plc's asset turnover increased by 32.2% year-over-year, from 0.5× to 0.6×.
- What is the long-term trend for nVent Electric plc's asset turnover?
- Over 4 years (2021 to 2025), nVent Electric plc's asset turnover has grown at a 1.6% compound annual growth rate (CAGR), from 2× to 2.1×.
- What does asset turnover mean?
- How many sales dollars the company generates from each dollar of assets.
- How do you interpret asset turnover?
- Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
- How does asset turnover compare across companies?
- Compare within an industry — turnover differences across sectors reflect business models, not performance.