What does thermal management — acquisitions/divestitures mean?

Financial activity from buying or selling businesses within the Thermal Management segment.

How do you interpret thermal management — acquisitions/divestitures?

Positive activity indicates strategic growth or portfolio optimization, while lack of activity suggests a focus on organic growth.

How does thermal management — acquisitions/divestitures compare across companies?

Standard metric for tracking inorganic growth strategies in industrial sectors.

nVent Electric plc NVT Thermal Management — Acquisitions/divestitures

Discontinued — last reported Q2 '24

Other segment segments

Systems Protection

$400K-81.8%

Electrical Connections

-$100K—

Similar metrics at other companies

ITWConstruction Products — Acquisitions / divestitures

$0—

ITWTest & Measurement and Electronics — Acquisitions / divestitures

$16M-9.9%

ITWFood Equipment — Acquisitions / divestitures

$0—

ITTMotion Technologies — Allocated to divestiture

$0—

FTVIndustrial Technologies — Acquisitions

$0+100%

ITTEnivate product line — Allocated to divestiture of business(a)

$600K—

Other financials

Income statement

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Revenue$1.2B+53.5%

Gross profit$445.6M+42.1%

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$28.63B+121%

Enterprise value$30.14B+125%

P/E58.2×+36.2×

P/S6.6×+2.4×

Profitability

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Gross margin37%-2.9pp

Operating margin15.8%-1.3pp

Net margin11.4%-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:GoodwillPurchaseAccountingAdjustments.

The official record: nVent Electric plc’s 10-Q, filed August 6, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is nVent Electric plc's thermal management — acquisitions/divestitures?: nVent Electric plc (NVT) reported thermal management — acquisitions/divestitures of $0 in Q2 2024.
What does thermal management — acquisitions/divestitures mean?: Financial activity from buying or selling businesses within the Thermal Management segment.
How do you interpret thermal management — acquisitions/divestitures?: Positive activity indicates strategic growth or portfolio optimization, while lack of activity suggests a focus on organic growth.
How does thermal management — acquisitions/divestitures compare across companies?: Standard metric for tracking inorganic growth strategies in industrial sectors.