Discontinued — last reported Q2 '24
Thermal Management — Net Sales
nVent Electric plc Thermal Management — Net Sales decreased by 1.4% to $140.50M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $136.30M to $140.50M. Over 2 years (FY 2021 to FY 2023), Thermal Management — Net Sales shows relatively stable performance with a 3.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing market share or demand for thermal solutions, while a decrease may signal market saturation or competitive pressure.
Detailed definition
Represents the total revenue generated by the Thermal Management segment from the sale of goods and services after deduc...
Peer comparison
Standard revenue metric across industrial peers with specialized product segments.
nvt_segment_thermal_management_net_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $131.70M | $138.30M | $165.70M | $147.70M | $145.80M | $148.30M | $172.10M | $143.90M | $136.30M | $143.80M | $170.70M | $142.50M | $140.50M |
| QoQ Change | — | +5.0% | +19.8% | -10.9% | -1.3% | +1.7% | +16.0% | -16.4% | -5.3% | +5.5% | +18.7% | -16.5% | -1.4% |
| YoY Change | — | — | — | — | +10.7% | +7.2% | +3.9% | -2.6% | -6.5% | -3.0% | -0.8% | -1.0% | +3.1% |
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Frequently Asked Questions
- What is nVent Electric plc's thermal management — net sales?
- nVent Electric plc (NVT) reported thermal management — net sales of $140.50M in Q2 2024.
- How has nVent Electric plc's thermal management — net sales changed year-over-year?
- nVent Electric plc's thermal management — net sales increased by 3.1% year-over-year, from $136.30M to $140.50M.
- What is the long-term trend for nVent Electric plc's thermal management — net sales?
- Over 2 years (2021 to 2023), nVent Electric plc's thermal management — net sales has grown at a 3.1% compound annual growth rate (CAGR), from $559.70M to $594.70M.
- What does thermal management — net sales mean?
- Total revenue earned by the Thermal Management business unit.