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nVent Electric plc NVT Net Operating Loss Carryforwards

Net Operating Loss Carryforwards at other companies

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$10.4M-56.5%

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$26.43B+82.0%
Enterprise value$27.94B+71.4%
P/E53.7×+28.9×
P/S6.1×+1.7×

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:DeferredTaxAssetsOperatingLossCarryforwardsDomestic.

The source filing: nVent Electric plc’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:31 PM EST
Fiscal year
FY2025
Accession
0001628280-26-008608

As of December 31, 2025, tax loss carryforwards of $762.3 million were available to offset future income. A valuation allowance of $181.5 million exists for deferred income tax benefits related to the tax loss carryforwards which may not be realized. We believe sufficient taxable income will be generated in the respective jurisdictions to allow us to fully recover the remainder of the tax losses. The tax losses relate to non-U.S. carryforwards which are subject to varying expiration periods. Non-U.S. carryforwards of $378.8 million are located in jurisdictions with unlimited tax loss carryforward periods, while the remainder will begin to expire in 2026.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is nVent Electric plc's net operating loss carryforwards?
nVent Electric plc (NVT) reported net operating loss carryforwards of $378.8M in Q4 2025.
How has nVent Electric plc's net operating loss carryforwards changed year-over-year?
nVent Electric plc's net operating loss carryforwards increased by 14.6% year-over-year, from $330.6M to $378.8M.
What is the long-term trend for nVent Electric plc's net operating loss carryforwards?
Over 5 years (2020 to 2025), nVent Electric plc's net operating loss carryforwards has grown at a -1.1% compound annual growth rate (CAGR), from $400M to $378.8M.
What does net operating loss carryforwards mean?
These are tax assets representing losses that can be used to reduce taxable income in future periods. They provide a potential future tax shield, improving cash flow by lowering future tax payments. Investors monitor these to estimate the duration and magnitude of potential tax savings.

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