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nVent Electric plc NVT Electrical Connections — R&D

Other segment segments

Systems Protection
$15.1M+42.5%

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$15.5M+29.2%

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:ResearchAndDevelopmentExpense.

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 — R&D?
nVent Electric plc (NVT) reported electrical connections — R&D of $5.8M in Q1 2026.
How has nVent Electric plc's electrical connections — R&D changed year-over-year?
nVent Electric plc's electrical connections — R&D increased by 11.5% year-over-year, from $5.2M to $5.8M.
What is the long-term trend for nVent Electric plc's electrical connections — R&D?
Over 3 years (2022 to 2025), nVent Electric plc's electrical connections — R&D has grown at a 14.0% compound annual growth rate (CAGR), from $14.7M to $21.8M.
What does electrical connections — R&D mean?
Expenditures dedicated to the innovation, design, and improvement of electrical connection and fastening technologies. This investment is crucial for maintaining competitive advantage and product differentiation.