What is nVent Electric plc's income tax?

nVent Electric plc (NVT) reported income tax of $36.5M in Q1 2026.

How has nVent Electric plc's income tax changed year-over-year?

nVent Electric plc's income tax increased by 49.0% year-over-year, from $24.5M to $36.5M.

What is the long-term trend for nVent Electric plc's income tax?

Over 3 years (2021 to 2025), nVent Electric plc's income tax has grown at a 36.5% compound annual growth rate (CAGR), from $47.8M to $121.5M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

nVent Electric plc NVT Income Tax

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Other financials

Income statement

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Revenue$1.2B+53.5%

Gross profit$445.6M+42.0%

Operating income$195.7M+50.5%

Net income$142.4M-60.5%

EPS (diluted)$0.87-59.7%

Balance sheet

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Cash & equivalents$190.0M-85.9%

Total debt$1.7B-9.5%

Total equity$3.8B+5.0%

Total assets$7.0B+3.5%

Cash flow

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Operating cash flow$85.2M+41.5%

CapEx$36.1M+71.1%

Free cash flow$49.1M+25.6%

Valuation

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Market cap$22.92B+66.7%

Enterprise value$24.43B+56.9%

P/E46.6×+23.1×

P/S5.3×+1.1×

Profitability

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Gross margin37%-2.9pp

Operating margin15.8%-1.3pp

Net margin11.4%-7.7pp

FCF margin9.6%-7.7pp

Returns & leverage

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Return on equity13.3%-3.9pp

Debt / equity0.4×-0.1×

Current ratio1.7×-1.2×

Where this comes from

Reported directly by nVent Electric plc in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: nVent Electric plc (NVT) reported income tax of $36.5M in Q1 2026.
How has nVent Electric plc's income tax changed year-over-year?: nVent Electric plc's income tax increased by 49.0% year-over-year, from $24.5M to $36.5M.
What is the long-term trend for nVent Electric plc's income tax?: Over 3 years (2021 to 2025), nVent Electric plc's income tax has grown at a 36.5% compound annual growth rate (CAGR), from $47.8M to $121.5M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.