
Nextracker Inc
NASDAQ:NXT

Nextracker Inc
Other Non-Cash Items
Nextracker Inc
Other Non-Cash Items Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Non-Cash Items | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Nextracker Inc
NASDAQ:NXT
|
Other Non-Cash Items
$59.1m
|
CAGR 3-Years
93%
|
CAGR 5-Years
35%
|
CAGR 10-Years
N/A
|
|
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AMETEK Inc
NYSE:AME
|
Other Non-Cash Items
$46.9m
|
CAGR 3-Years
6%
|
CAGR 5-Years
6%
|
CAGR 10-Years
9%
|
|
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Emerson Electric Co
NYSE:EMR
|
Other Non-Cash Items
$31m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-25%
|
CAGR 10-Years
N/A
|
|
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Hubbell Inc
NYSE:HUBB
|
Other Non-Cash Items
$36.9m
|
CAGR 3-Years
-18%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
20%
|
|
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Rockwell Automation Inc
NYSE:ROK
|
Other Non-Cash Items
-$400k
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Vertiv Holdings Co
NYSE:VRT
|
Other Non-Cash Items
$490.8m
|
CAGR 3-Years
116%
|
CAGR 5-Years
77%
|
CAGR 10-Years
N/A
|
Nextracker Inc
Glance View
Nextracker Inc. stands out as a compelling narrative within the clean energy sector, providing a blend of innovation and pragmatic solutions crafted to tackle today's pressing energy challenges. Nextracker, a pioneer in the solar technology space, has made its mark with its advanced solar tracker systems that optimize the efficiency of solar power plants. At the heart of their operations, these systems use sophisticated software and hardware to tilt solar panels toward the sun throughout the day, thereby capturing the maximum possible sunlight. This crucial technology not only boosts the energy yield of solar installations but also significantly lowers the overall cost of solar energy. Installed across various terrains and climates globally, Nextracker’s innovative solutions cater to utility-scale solar projects, exemplifying their pivotal role in enhancing the scalability and feasibility of solar power. The company's business model thrives on the increasing global appetite for renewable energy. Nextracker earns its revenue through the design, manufacture, and sale of its solar tracker systems. By focusing on R&D and enhancing the technological prowess of their products, the firm ensures the performance of solar plants is maximized, promising substantial energy savings to their clients. The efficiency boost delivered by their trackers reduces the solar power plant's payback period, making the switch to green energy not just environmentally conscious, but also economically rational for operators. Additionally, Nextracker invests in customer support and ongoing maintenance services, which create a sustainable revenue stream while fostering long-term partnerships with clients. Through this model, Nextracker seamlessly intertwines innovation with strategic market positioning, reinforcing its reputation as a leader in the renewable energy industry.

See Also
What is Nextracker Inc's Other Non-Cash Items?
Other Non-Cash Items
59.1m
USD
Based on the financial report for Mar 31, 2024, Nextracker Inc's Other Non-Cash Items amounts to 59.1m USD.
What is Nextracker Inc's Other Non-Cash Items growth rate?
Other Non-Cash Items CAGR 5Y
35%
Over the last year, the Other Non-Cash Items growth was 69%. The average annual Other Non-Cash Items growth rates for Nextracker Inc have been 93% over the past three years , 35% over the past five years .