nVent Electric PLC
NYSE:NVT
Income Statement
Earnings Waterfall
nVent Electric PLC
Income Statement
nVent Electric PLC
| Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||
| Interest Expense |
1
|
0
|
1
|
10
|
22
|
31
|
41
|
44
|
44
|
45
|
44
|
42
|
39
|
36
|
35
|
33
|
33
|
32
|
31
|
31
|
31
|
31
|
32
|
46
|
63
|
79
|
94
|
96
|
101
|
106
|
101
|
95
|
85
|
0
|
|
| Revenue |
2 064
N/A
|
2 098
+2%
|
2 135
+2%
|
2 164
+1%
|
2 187
+1%
|
2 214
+1%
|
2 213
0%
|
2 210
0%
|
2 205
0%
|
2 204
0%
|
2 187
-1%
|
2 095
-4%
|
2 044
-2%
|
1 999
-2%
|
2 027
+1%
|
2 181
+8%
|
2 314
+6%
|
2 462
+6%
|
2 608
+6%
|
2 734
+5%
|
2 836
+4%
|
2 909
+3%
|
2 955
+2%
|
3 030
+3%
|
3 144
+4%
|
2 669
-15%
|
3 398
+27%
|
3 475
+2%
|
3 398
-2%
|
3 006
-12%
|
3 224
+7%
|
3 307
+3%
|
3 579
+8%
|
3 893
+9%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(1 239)
|
(1 256)
|
(1 283)
|
(1 302)
|
(1 317)
|
(1 338)
|
(1 336)
|
(1 340)
|
(1 341)
|
(1 338)
|
(1 336)
|
(1 295)
|
(1 272)
|
(1 249)
|
(1 264)
|
(1 343)
|
(1 423)
|
(1 520)
|
(1 628)
|
(1 721)
|
(1 784)
|
(1 812)
|
(1 802)
|
(1 814)
|
(1 864)
|
(1 594)
|
(2 003)
|
(1 964)
|
(1 930)
|
(1 797)
|
(1 852)
|
(2 011)
|
(2 199)
|
(2 424)
|
|
| Gross Profit |
825
N/A
|
842
+2%
|
852
+1%
|
862
+1%
|
871
+1%
|
876
+1%
|
877
+0%
|
870
-1%
|
865
-1%
|
866
+0%
|
851
-2%
|
799
-6%
|
772
-3%
|
749
-3%
|
763
+2%
|
838
+10%
|
892
+6%
|
942
+6%
|
980
+4%
|
1 013
+3%
|
1 052
+4%
|
1 097
+4%
|
1 153
+5%
|
1 217
+6%
|
1 280
+5%
|
1 075
-16%
|
1 394
+30%
|
1 431
+3%
|
1 389
-3%
|
1 209
-13%
|
1 293
+7%
|
1 296
+0%
|
1 380
+6%
|
1 469
+6%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Expenses |
(480)
|
(479)
|
(494)
|
(529)
|
(544)
|
(513)
|
(501)
|
(473)
|
(466)
|
(511)
|
(513)
|
(501)
|
(487)
|
(473)
|
(470)
|
(501)
|
(538)
|
(578)
|
(605)
|
(623)
|
(641)
|
(650)
|
(670)
|
(692)
|
(714)
|
(596)
|
(752)
|
(731)
|
(709)
|
(661)
|
(692)
|
(742)
|
(798)
|
(852)
|
|
| Selling, General & Administrative |
(438)
|
(437)
|
(451)
|
(486)
|
(500)
|
(467)
|
(454)
|
(426)
|
(418)
|
(463)
|
(465)
|
(454)
|
(442)
|
(429)
|
(427)
|
(457)
|
(491)
|
(529)
|
(553)
|
(568)
|
(585)
|
(590)
|
(608)
|
(627)
|
(646)
|
(541)
|
(677)
|
(657)
|
(636)
|
(595)
|
(624)
|
(672)
|
(724)
|
(774)
|
|
| Research & Development |
(42)
|
(43)
|
(43)
|
(43)
|
(44)
|
(46)
|
(47)
|
(48)
|
(48)
|
(48)
|
(48)
|
(46)
|
(45)
|
(44)
|
(43)
|
(44)
|
(47)
|
(49)
|
(52)
|
(55)
|
(57)
|
(60)
|
(62)
|
(65)
|
(68)
|
(55)
|
(76)
|
(79)
|
(77)
|
(66)
|
(72)
|
(70)
|
(74)
|
(79)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
0
|
4
|
0
|
0
|
0
|
|
| Operating Income |
344
N/A
|
363
+5%
|
359
-1%
|
333
-7%
|
327
-2%
|
364
+11%
|
376
+3%
|
397
+5%
|
399
+1%
|
355
-11%
|
339
-5%
|
299
-12%
|
285
-5%
|
277
-3%
|
293
+6%
|
338
+15%
|
354
+5%
|
364
+3%
|
375
+3%
|
390
+4%
|
411
+5%
|
447
+9%
|
483
+8%
|
525
+9%
|
566
+8%
|
479
-15%
|
642
+34%
|
639
0%
|
619
-3%
|
548
-11%
|
540
-1%
|
554
+2%
|
581
+5%
|
617
+6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(1)
|
(0)
|
(1)
|
(10)
|
(21)
|
(31)
|
(41)
|
(44)
|
(44)
|
(45)
|
(44)
|
(42)
|
(39)
|
(36)
|
(35)
|
(33)
|
(33)
|
(32)
|
(31)
|
(31)
|
(31)
|
(31)
|
(32)
|
(36)
|
(53)
|
(69)
|
(84)
|
(96)
|
(101)
|
(106)
|
(101)
|
(95)
|
(85)
|
(75)
|
|
| Non-Reccuring Items |
(16)
|
(49)
|
(43)
|
(41)
|
(41)
|
(53)
|
(54)
|
(52)
|
(62)
|
(22)
|
(23)
|
(25)
|
(238)
|
(238)
|
(235)
|
(236)
|
(13)
|
(24)
|
(25)
|
(23)
|
(22)
|
(6)
|
(8)
|
(9)
|
(14)
|
(17)
|
(20)
|
(18)
|
(21)
|
(21)
|
(15)
|
(17)
|
(11)
|
0
|
|
| Total Other Income |
(21)
|
0
|
(4)
|
(8)
|
(7)
|
(11)
|
(11)
|
(7)
|
(7)
|
(31)
|
(31)
|
(31)
|
(30)
|
(12)
|
(11)
|
(11)
|
(11)
|
13
|
13
|
12
|
12
|
63
|
63
|
63
|
62
|
(18)
|
(19)
|
(19)
|
(18)
|
8
|
8
|
8
|
8
|
8
|
|
| Pre-Tax Income |
307
N/A
|
313
+2%
|
311
-1%
|
274
-12%
|
257
-6%
|
269
+5%
|
271
+1%
|
294
+9%
|
287
-3%
|
257
-10%
|
241
-6%
|
202
-16%
|
(22)
N/A
|
(10)
+58%
|
13
N/A
|
57
+352%
|
297
+421%
|
321
+8%
|
331
+3%
|
348
+5%
|
371
+7%
|
473
+27%
|
505
+7%
|
544
+8%
|
561
+3%
|
375
-33%
|
520
+39%
|
506
-3%
|
479
-5%
|
429
-10%
|
433
+1%
|
451
+4%
|
493
+9%
|
550
+12%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||
| Tax Provision |
(57)
|
(36)
|
(37)
|
(27)
|
(22)
|
(38)
|
(36)
|
(42)
|
(43)
|
(35)
|
(56)
|
(52)
|
(26)
|
(38)
|
(13)
|
(17)
|
(44)
|
(48)
|
(56)
|
(59)
|
(63)
|
(73)
|
(80)
|
(85)
|
(90)
|
84
|
58
|
52
|
53
|
(188)
|
(191)
|
(195)
|
(197)
|
(122)
|
|
| Income from Continuing Operations |
250
|
277
|
274
|
247
|
235
|
231
|
235
|
253
|
244
|
223
|
185
|
150
|
(49)
|
(47)
|
(0)
|
40
|
253
|
273
|
275
|
289
|
308
|
400
|
426
|
459
|
471
|
460
|
578
|
559
|
532
|
241
|
242
|
256
|
296
|
429
|
|
| Net Income (Common) |
250
N/A
|
362
+45%
|
359
-1%
|
331
-8%
|
320
-3%
|
231
-28%
|
235
+2%
|
253
+7%
|
244
-3%
|
223
-9%
|
185
-17%
|
150
-19%
|
(49)
N/A
|
(47)
+3%
|
(0)
+99%
|
40
N/A
|
253
+533%
|
273
+8%
|
275
+1%
|
289
+5%
|
308
+7%
|
400
+30%
|
426
+7%
|
459
+8%
|
471
+3%
|
567
+20%
|
578
+2%
|
577
0%
|
576
0%
|
332
-42%
|
588
+77%
|
586
0%
|
602
+3%
|
710
+18%
|
|
| EPS (Diluted) |
1.39
N/A
|
2.02
+45%
|
1.97
-2%
|
1.83
-7%
|
1.76
-4%
|
1.28
-27%
|
1.31
+2%
|
1.45
+11%
|
1.43
-1%
|
1.29
-10%
|
1.08
-16%
|
0.88
-19%
|
-0.29
N/A
|
-0.28
+3%
|
0
N/A
|
0.24
N/A
|
1.5
+525%
|
1.61
+7%
|
1.62
+1%
|
1.71
+6%
|
1.82
+6%
|
2.38
+31%
|
2.53
+6%
|
2.72
+8%
|
2.8
+3%
|
3.37
+20%
|
3.44
+2%
|
3.41
-1%
|
3.42
+0%
|
1.97
-42%
|
3.51
+78%
|
3.58
+2%
|
3.68
+3%
|
4.31
+17%
|
|