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nVent Electric plc NVT Electrical Connections — Cost of goods sold

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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$27.43B+131%
Enterprise value$28.94B+112%
P/E55.8×+35.5×
P/S6.3×+2.8×

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:CostOfGoodsAndServicesSold.

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 electrical connections — cost of goods sold?
nVent Electric plc (NVT) reported electrical connections — cost of goods sold of $205.7M in Q1 2026.
How has nVent Electric plc's electrical connections — cost of goods sold changed year-over-year?
nVent Electric plc's electrical connections — cost of goods sold increased by 23.2% year-over-year, from $166.9M to $205.7M.
What is the long-term trend for nVent Electric plc's electrical connections — cost of goods sold?
Over 3 years (2022 to 2025), nVent Electric plc's electrical connections — cost of goods sold has grown at a 18.5% compound annual growth rate (CAGR), from $433.3M to $721M.
What does electrical connections — cost of goods sold mean?
The direct costs attributable to the production of the electrical and fastening products sold by the segment. This includes raw materials, direct labor, and manufacturing overheads.