NVent Historical Income Statement

NVT Stock  USD 75.89  3.99  5.55%   
Historical analysis of NVent Electric income statement accounts such as Interest Expense of 83.4 M can show how well nVent Electric PLC performed in making a profits. Evaluating NVent Electric income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NVent Electric's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining nVent Electric PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether nVent Electric PLC is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

About NVent Income Statement Analysis

nVent Electric PLC Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NVent Electric shareholders. The income statement also shows NVent investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NVent Electric Income Statement Chart

nVent Electric PLC Income Statement is one of the three primary financial statements used for reporting NVent's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of nVent Electric PLC revenue and expense. NVent Electric Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Interest Expense is likely to gain to about 83.4 M in 2024, whereas Tax Provision is likely to drop slightly above 57.3 M in 2024.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts nVent Electric PLC generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of nVent Electric PLC minus its cost of goods sold. It is profit before NVent Electric operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from NVent Electric's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into nVent Electric PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Interest Expense is likely to gain to about 83.4 M in 2024, whereas Tax Provision is likely to drop slightly above 57.3 M in 2024.
 2021 2023 2024 (projected)
Interest Income32.3M35.9M24.5M
Tax Provision47.8M90M57.3M

NVent Electric income statement Correlations

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0.40.730.880.821.00.980.980.980.920.640.910.990.940.960.6-0.230.69-0.6-0.830.84-0.52-0.520.68
0.710.070.540.290.570.690.690.670.790.970.780.550.740.690.60.570.96-0.31-0.240.6-0.33-0.330.51
0.21-0.56-0.14-0.52-0.23-0.15-0.16-0.17-0.050.52-0.06-0.3-0.02-0.14-0.230.570.420.30.55-0.250.270.27-0.28
0.670.120.560.390.650.750.770.720.850.990.850.640.750.720.690.960.42-0.54-0.330.67-0.4-0.40.65
-0.18-0.25-0.34-0.66-0.59-0.54-0.6-0.52-0.58-0.47-0.58-0.57-0.43-0.48-0.6-0.310.3-0.540.57-0.610.760.76-0.78
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0.720.520.790.810.810.910.890.90.90.590.910.840.850.920.840.6-0.250.67-0.61-0.77-0.71-0.710.86
-0.38-0.26-0.36-0.78-0.5-0.53-0.54-0.52-0.54-0.34-0.54-0.5-0.45-0.52-0.52-0.330.27-0.40.760.67-0.711.0-0.8
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0.660.350.440.780.630.730.760.70.820.540.820.680.580.690.680.51-0.280.65-0.78-0.690.86-0.8-0.8
Click cells to compare fundamentals

NVent Electric Account Relationship Matchups

NVent Electric income statement Accounts

201920202021202220232024 (projected)
Tax Provision34.7M37.7M47.8M72.8M90M57.3M
Interest Income31.2M44.7M36.4M32.3M35.9M24.5M
Depreciation And Amortization65.8M102.6M121.2M177.6M141.4M117.5M
Interest Expense31.2M44.7M36.4M32.3M79.4M83.4M
Selling General Administrative484.5M447M537.9M595.9M659.4M553.1M
Total Revenue2.2B2.0B2.5B2.9B3.3B2.6B
Gross Profit865.8M749.4M941.9M1.1B1.3B1.0B
Other Operating Expenses1.9B1.7B2.1B2.5B2.7B2.2B
Operating Income333.1M247.4M355.4M440.4M587.4M389.6M
Net Income From Continuing Ops222.7M(47.2M)272.9M399.8M470.9M291.0M
Ebit333.1M247.4M355.4M440.4M587.4M386.3M
Research Development48.2M43.5M48.6M60.4M71.5M52.6M
Ebitda398.9M350M476.6M618M587.4M486.5M
Cost Of Revenue1.3B1.2B1.5B1.8B1.9B1.6B
Total Operating Expenses532.7M490.5M586.5M656.3M754.7M613.6M
Income Before Tax257.4M(9.5M)320.7M472.6M499.5M330.4M
Total Other Income Expense Net(75.7M)(256.9M)(34.7M)32.2M(87.9M)(83.5M)
Net Income Applicable To Common Shares222.7M(47.2M)272.9M399.8M459.8M262.6M
Net Income222.7M(47.2M)272.9M399.8M567.1M302.7M
Income Tax Expense34.7M37.7M47.8M72.8M(67.6M)(64.2M)
Net Interest Income(31.2M)(44.7M)(36.4M)(32.3M)(63.4M)(60.2M)
Reconciled Depreciation96.8M102.6M108.4M114.2M128.9M117.2M

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When determining whether nVent Electric PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NVent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nvent Electric Plc Stock. Highlighted below are key reports to facilitate an investment decision about Nvent Electric Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running NVent Electric's price analysis, check to measure NVent Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.
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Is NVent Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NVent Electric. If investors know NVent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NVent Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.588
Dividend Share
0.715
Earnings Share
3.37
Revenue Per Share
19.708
Quarterly Revenue Growth
0.161
The market value of nVent Electric PLC is measured differently than its book value, which is the value of NVent that is recorded on the company's balance sheet. Investors also form their own opinion of NVent Electric's value that differs from its market value or its book value, called intrinsic value, which is NVent Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NVent Electric's market value can be influenced by many factors that don't directly affect NVent Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NVent Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVent Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVent Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.