N Vent Electric Plc - Understand $nvt stock

$NVT Market Cap: $13.05 Billion

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Financial Snapshot

Revenue

$3.398B

TTM

Gross Margin

40.84%

TTM

Net Earnings

$576.0M

TTM

Current Assets

$1.419B

Q3 2024

Current Liabilities

$776.2M

Q3 2024

Current Ratio

182.78%

Q3 2024

Total Assets

$6.918B

Q3 2024

Total Liabilities

$3.634B

Q3 2024

Book Value

$3.284B

Q3 2024

Cash

$137.1M

Q3 2024

P/E

22.66

Nov 29, 2024 EST

Free Cash Flow

$585.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$3.264B	$2.909B	$2.462B	$1.999B	$2.204B	$2.214B	$2.098B	$2.116B	$1.809B
YoY Change	12.19%	18.16%	23.19%	-9.32%	-0.43%	5.52%	-0.86%	16.95%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$3.264B	$2.909B	$2.462B	$1.999B	$2.204B	$2.214B	$2.098B	$2.116B	$1.809B
Cost Of Revenue	$1.922B	$1.812B	$1.520B	$1.249B	$1.338B	$1.338B	$1.256B	$1.280B	$1.139B
Gross Profit	$1.342B	$1.097B	$941.9M	$749.4M	$865.8M	$876.1M	$841.9M	$835.8M	$670.1M
Gross Profit Margin	41.12%	37.7%	38.26%	37.5%	39.28%	39.58%	40.13%	39.5%	37.04%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$670.4M	$595.9M	$537.9M	$447.0M	$484.5M	$519.7M	$483.3M	$462.4M	$358.1M
YoY Change	12.5%	10.78%	20.34%	-7.74%	-6.77%	7.53%	4.52%	29.13%
% of Gross Profit	49.95%	54.34%	57.11%	59.65%	55.96%	59.32%	57.41%	55.32%	53.44%
Research & Development	$71.50M	$60.40M	$48.60M	$43.50M	$48.20M	$45.60M	$42.50M	$40.60M	$29.30M
YoY Change	18.38%	24.28%	11.72%	-9.75%	5.7%	7.29%	4.68%	38.57%
% of Gross Profit	5.33%	5.51%	5.16%	5.8%	5.57%	5.2%	5.05%	4.86%	4.37%
Depreciation & Amortization	$141.4M	$43.50M	$40.90M	$38.40M	$35.40M	$36.20M	$36.50M	$34.40M	$62.90M
YoY Change	225.06%	6.36%	6.51%	8.47%	-2.21%	-0.82%	6.1%	-45.31%
% of Gross Profit	10.54%	3.97%	4.34%	5.12%	4.09%	4.13%	4.34%	4.12%	9.39%
Operating Expenses	$741.9M	$656.3M	$586.5M	$490.5M	$532.7M	$565.3M	$525.8M	$503.0M	$387.4M
YoY Change	13.04%	11.9%	19.57%	-7.92%	-5.77%	7.51%	4.53%	29.84%
Operating Profit	$600.2M	$440.4M	$355.4M	$38.40M	$333.1M	$310.8M	$316.1M	$332.8M	$282.7M
YoY Change	36.29%	23.92%	825.52%	-88.47%	7.18%	-1.68%	-5.02%	17.72%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$69.10M	$31.20M	$32.30M	$36.40M	$44.70M	$31.20M	$200.0K	$1.400M	-$1.100M
YoY Change	-321.47%	-3.41%	-11.26%	-18.57%	43.27%	15500.0%	-85.71%	-227.27%
% of Operating Profit	-11.51%	7.08%	9.09%	94.79%	13.42%	10.04%	0.06%	0.42%	-0.39%
Other Income/Expense, Net	-$18.80M	$63.40M	$12.80M	$11.50M	$31.00M	$10.90M	$2.600M	$16.40M
YoY Change	-129.65%	395.31%	11.3%	-62.9%	184.4%	319.23%	-84.15%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$499.5M	$472.6M	$320.7M	-$9.500M	$257.4M	$268.7M	$313.3M	$315.0M	$265.9M
YoY Change	5.69%	47.37%	-3475.79%	-103.69%	-4.21%	-14.24%	-0.54%	18.47%
Income Tax	-$67.60M	$72.80M	$47.80M	$37.70M	$34.70M	$37.90M	-$48.40M	$55.90M	$55.80M
% Of Pretax Income	-13.53%	15.4%	14.9%		13.48%	14.1%	-15.45%	17.75%	20.99%
Net Earnings	$567.1M	$399.8M	$272.9M	-$47.20M	$222.7M	$230.8M	$361.7M	$259.1M	$210.1M
YoY Change	41.85%	46.5%	-678.18%	-121.19%	-3.51%	-36.19%	39.6%	23.32%
Net Earnings / Revenue	17.38%	13.74%	11.08%	-2.36%	10.1%	10.43%	17.24%	12.24%	11.61%
Basic Earnings Per Share	$3.42	$2.40	$1.63	-$0.28	$1.30	$1.29	$2.02
Diluted Earnings Per Share	$3.37	$2.38	$1.61	-$0.28	$1.29	$1.28	$2.00	$1.453M	$1.178M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$185.1M	$297.5M	$49.50M	$122.5M	$106.4M	$159.0M	$26.90M	$21.50M	$22.70M
YoY Change	-37.78%	501.01%	-59.59%	15.13%	-33.08%	491.08%	25.12%	-5.29%
Cash & Equivalents	$185.1M	$297.5M	$49.50M	$122.5M	$106.4M	$159.0M	$26.90M	$21.50M	$22.70M
Short-Term Investments
Other Short-Term Assets	$120.2M	$66.90M	$53.10M	$47.30M	$43.90M	$44.00M	$62.40M	$45.50M	$23.50M
YoY Change	79.67%	25.99%	12.26%	7.74%	-0.23%	-29.49%	37.14%	93.62%
Inventory	$441.3M	$346.7M	$321.9M	$235.2M	$244.7M	$228.2M	$224.1M	$202.2M	$207.1M
Prepaid Expenses
Receivables	$589.5M	$518.1M	$487.0M	$359.4M	$403.7M	$415.3M	$419.2M	$388.1M	$396.6M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.336B	$1.229B	$911.5M	$764.4M	$798.7M	$846.5M	$732.6M	$657.3M	$649.9M
YoY Change	8.7%	34.85%	19.24%	-4.29%	-5.65%	15.55%	11.46%	1.14%
Property, Plant & Equipment	$390.0M	$365.6M	$370.2M	$335.0M	$328.7M	$264.8M	$265.8M	$260.2M	$228.0M
YoY Change	6.67%	-1.24%	10.51%	1.92%	24.13%	-0.38%	2.15%	14.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$347.5M	$63.20M	$62.00M	$63.00M	$73.30M	$33.80M	$50.30M	$43.70M	$51.00M
YoY Change	449.84%	1.94%	-1.59%	-14.05%	116.86%	-32.8%	15.1%	-14.31%
Total Long-Term Assets	$4.826B	$3.673B	$3.763B	$3.602B	$3.842B	$3.706B	$3.992B	$3.837B	$3.915B
YoY Change	31.38%	-2.38%	4.47%	-6.24%	3.65%	-7.17%	4.06%	-1.99%
Total Assets	$6.162B	$4.902B	$4.674B	$4.366B	$4.640B	$4.553B	$4.725B	$4.494B	$4.564B
YoY Change
Accounts Payable	$275.7M	$252.1M	$261.0M	$171.1M	$187.1M	$186.4M	$174.1M	$150.1M	$138.6M
YoY Change	9.36%	-3.41%	52.54%	-8.55%	0.38%	7.06%	15.99%	8.3%
Accrued Expenses	$122.2M	$231.9M	$219.5M	$125.1M	$130.7M	$121.9M	$118.4M	$94.70M	$111.3M
YoY Change	-47.3%	5.65%	75.46%	-4.28%	7.22%	2.96%	25.03%	-14.91%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$31.90M	$15.00M	$5.000M	$20.00M	$17.50M	$12.50M
YoY Change	112.67%	200.0%	-75.0%	14.29%	40.0%
Total Short-Term Liabilities	$733.6M	$649.5M	$636.3M	$450.0M	$462.2M	$461.7M	$390.9M	$318.4M	$361.0M
YoY Change	12.95%	2.07%	41.4%	-2.64%	0.11%	18.11%	22.77%	-11.8%
Long-Term Debt	$1.749B	$1.068B	$994.2M	$928.0M	$1.047B	$929.2M	$0.00	$0.00	$0.00
YoY Change	63.71%	7.44%	7.13%	-11.37%	12.69%
Other Long-Term Liabilities	$332.8M	$253.2M	$337.3M	$348.2M	$300.7M	$249.9M	$263.4M	$219.3M	$206.5M
YoY Change	31.44%	-24.93%	-3.13%	15.8%	20.33%	-5.13%	20.11%	6.2%
Total Long-Term Liabilities	$2.082B	$1.321B	$1.332B	$1.276B	$1.348B	$1.179B	$263.4M	$219.3M	$206.5M
YoY Change	57.53%	-0.76%	4.33%	-5.31%	14.31%	347.65%	20.11%	6.2%
Total Liabilities	$3.020B	$2.171B	$2.178B	$1.956B	$2.048B	$1.866B	$933.7M	$1.008B	$1.058B
YoY Change	39.12%	-0.35%	11.34%	-4.47%	9.77%	99.81%	-7.38%	-4.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	165.6M shares	166.3M shares	167.9M shares	169.6M shares	171.6M shares	178.6M shares	179.0M shares	179.0M shares
Diluted Shares Outstanding	168.2M shares	168.3M shares	169.7M shares	169.6M shares	173.0M shares	180.8M shares	181.2M shares	181.2M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $13.052 Billion

About nVent Electric plc

nVent Electric Plc engages in the provision of electrical connection and protection solutions. The firm designs, manufactures, markets, installs and services high performance products and solutions that connect and protect sensitive equipment, buildings and critical processes. The Company’s Enclosures segment provides solutions to help protect electronics and data in mission-critical applications, including data solutions, that improve reliability and energy efficiency. Its Electrical & Fastening Solutions segment provides solutions that connect and protect power and data infrastructure. Its Thermal Management segment provides mission-critical heat management solutions that protect people and assets and enhance process efficiency and performance. The firm has a portfolio of brands, including nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM and SCHROFF. The company is also a manufacturer of custom-engineered control building solutions designed to protect critical electrical infrastructure assets.

Industry: Special Industry Machinery (No Metalworking Machinery) Peers: