nVent's revenue growth accelerated to 43.7% year over year in 2026Q3 and 52.8% in 2026Q2, suggesting data center demand is becoming a meaningful growth driver after several years of low-single-digit expansion.
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Revenue growth accelerated to 43.7% in 2026Q3 and 52.8% in 2026Q2, but operating margin slipped from 20.4% to 18.6% over the same two quarters, suggesting operating income is not yet scaling as fast as revenue.
nVent Electric reported record sales of US$1,242 million in Q1 2026, up from US$809.3 million a year earlier, driven by surging data center and infrastructure demand.
The company raised its full-year sales and earnings guidance, reinforcing confidence in continued demand from data-center and power-utility sectors.
nVent's broad portfolio of Data Center and Networking Solutions, combined with cutting-edge cooling technology, positions it well to capitalize on growing data center demand.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 30, 2026 | $1.25-10.7% vs $1.40 | $1.5B+5.7% vs $1.4B |
Q3 2026 Jul 31, 2026 | $1.45+25.0% vs $1.16 | $1.5B+16.9% vs $1.3B |
Q2 2026 May 1, 2026 | $1.09+15.8% vs $0.94 | $1.2B+12.0% vs $1.1B |
Q1 2026 Feb 6, 2026 | $0.90+0.3% vs $0.90 | $1.1B+6.2% vs $1.0B |
nVent Electric shares fall 6.1% after Q3 results amid slowing growth and rising costs, but AI data center demand and raised guidance support its outlook.
nVent Electric plc reported Q3 2026 revenue of $1.515 billion, a 44% y/y increase. I maintain my Buy rating on NVT, raising the price target to $263 per share, up from $221. NVT raised its organic revenue growth guidance to 39% and completed the $1.75 billion Maverick Power acquisition.
NVT's Q3 earnings surge on robust data center demand, record backlog and infrastructure growth as the company raises its 2026 outlook.
nVent raises its 2026 outlook after record sales and orders, fueled by data center demand, capacity expansion and Maverick Power's growing opportunities.
Benchmark NVT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for nVent Electric plc (NVT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $106.22 | $17.18B | 25.70 | 29.51% | 12.8% | 17.35% | 0.75% | |
| $341.72 | $132.69B | 34.15 | 10.33% | 12.19% | 19.34% | 1.22% | |
| $429.45 | $22.69B | 25.09 | 3.84% | 13.78% | 23.14% | 1.25% | |
| $323.06 | $9.67B | 18.70 | 6.82% | 11.45% | 18.54% | 0.24% | |
| $162.35 | $90.93B | 33.84 | 5.36% | 14.14% | 13.14% | 1.36% | |
| $375.86 | $41.82B | 29.64 | 7.76% | 15.67% | 39.07% | 1.47% |
nVent Electric plc (NVT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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nVent Electric plc (NVT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 30, 2026·SEC
Jul 31, 2026·SEC
Jun 17, 2026·SEC
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nVent Electric plc (NVT) stock FAQ — growth, dividends, profitability & financials explained
nVent Electric plc (NVT) reported $5.29B in revenue over the trailing twelve months. Revenue was $3.89B in fiscal year 2025. That is 115% more than the $1.81B of fiscal year 2015.
nVent Electric plc (NVT) grew revenue by 48.0% over the trailing twelve months, compared with the twelve months before.
Yes. nVent Electric plc (NVT) earned $677.8M in net income over the trailing twelve months (a 12.8% net margin).
Yes. nVent Electric plc (NVT) pays a dividend that yields 0.75% at the current price, a small yield.
nVent Electric plc (NVT) had a return on equity (ROE) of 17.4% over the trailing twelve months. That is above the market's typical 10-15%.
nVent Electric plc (NVT) generated $642.6M in free cash flow over the trailing twelve months.
