| Ireland | 001-38265 | 98-1391970 | ||||||
| (State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
||||||
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||
| Title of each class | Trading symbol (s) | Name of each exchange on which registered | ||||||
| Ordinary Shares, nominal value $0.01 per share | NVT | New York Stock Exchange | ||||||
| (a) | Financial Statements of Businesses or Funds Acquired | |||||||
Not applicable. |
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| (b) | Pro Forma Financial Information | |||||||
Not applicable. |
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| (c) | Shell Company Transactions | |||||||
Not applicable. |
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| (d) | Exhibits | |||||||
| Exhibit | Description | |||||||
| nVent Electric plc press release dated February 6, 2026 announcing earnings results for the fourth quarter and full year of 2025 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
| nVent Electric plc | ||||||||
| Registrant | ||||||||
| By | /s/ Gary L. Corona | |||||||
| Gary L. Corona | ||||||||
| Executive Vice President and Chief Financial Officer | ||||||||

| nVent Electric plc | |||||||||||
| Three months ended | |||||||||||
| December 31, 2025 | December 31, 2024 | % / point change |
|||||||||
| Net Sales | $1,067 | $752 | 42% | ||||||||
| Organic | 24% | ||||||||||
| Operating Income | $164 | $117 | 40% | ||||||||
| Reported ROS | 15.4% | 15.6% | -20 bps | ||||||||
| Adjusted Operating Income | $210 | $158 | 33% | ||||||||
| Adjusted ROS | 19.7% | 21.0% | -130 bps | ||||||||
| Systems Protection | |||||||||||
| Three months ended | |||||||||||
| December 31, 2025 | December 31, 2024 | % / point change |
|||||||||
| Net Sales | $737 | $466 | 58% | ||||||||
| Organic | 34% | ||||||||||
| ROS | 20.3% | 21.5% | -120 bps | ||||||||
| Electrical Connections | |||||||||||
| Three months ended | |||||||||||
| December 31, 2025 | December 31, 2024 | % / point change |
|||||||||
| Net Sales | $330 | $287 | 15% | ||||||||
| Organic | 8% | ||||||||||
| ROS | 27.6% | 29.4% | -180 bps | ||||||||
| nVent Electric plc | |||||||||||
| Full-Year | |||||||||||
| December 31, 2025 | December 31, 2024 | % / point change |
|||||||||
| Net Sales | $3,893 | $3,006 | 30% | ||||||||
| Organic | 13% | ||||||||||
| Operating Income | $617 | $527 | 17% | ||||||||
| Reported ROS | 15.8% | 17.5% | -170 bps | ||||||||
| Adjusted Operating Income | $786 | $652 | 21% | ||||||||
| Adjusted ROS | 20.2% | 21.7% | -150 bps | ||||||||
| Systems Protection | |||||||||||
| Full-Year | |||||||||||
| December 31, 2025 | December 31, 2024 | % / point change |
|||||||||
| Net Sales | $2,593 | $1,823 | 42% | ||||||||
| Organic | 17% | ||||||||||
| ROS | 20.7% | 22.1% | -140 bps | ||||||||
| Electrical Connections | |||||||||||
| Full-Year | |||||||||||
| December 31, 2025 | December 31, 2024 | % / point change |
|||||||||
| Net Sales | $1,300 | $1,183 | 10% | ||||||||
| Organic | 6% | ||||||||||
| ROS | 28.7% | 30.0% | -130 bps | ||||||||
| nVent Electric plc | |||||||||||||||||
| Condensed Consolidated Statements of Income (Unaudited) | |||||||||||||||||
| Three months ended | Twelve months ended | ||||||||||||||||
| In millions, except per-share data | December 31, 2025 |
December 31, 2024 |
December 31, 2025 |
December 31, 2024 |
|||||||||||||
| Net sales | $ | 1,066.7 | $ | 752.2 | $ | 3,893.1 | $ | 3,006.1 | |||||||||
| Cost of goods sold | 677.8 | 452.7 | 2,424.0 | 1,797.0 | |||||||||||||
| Gross profit | 388.9 | 299.5 | 1,469.1 | 1,209.1 | |||||||||||||
| % of net sales | 36.5 | % | 39.8 | % | 37.7 | % | 40.2 | % | |||||||||
| Selling, general and administrative | 203.8 | 165.2 | 773.8 | 615.9 | |||||||||||||
| % of net sales | 19.1 | % | 22.0 | % | 19.9 | % | 20.5 | % | |||||||||
| Research and development | 21.3 | 17.2 | 78.5 | 66.1 | |||||||||||||
| % of net sales | 2.0 | % | 2.3 | % | 2.0 | % | 2.2 | % | |||||||||
| Operating income | 163.8 | 117.1 | 616.8 | 527.1 | |||||||||||||
| % of net sales | 15.4 | % | 15.6 | % | 15.8 | % | 17.5 | % | |||||||||
| Other expense (income) | |||||||||||||||||
| Net interest expense | 19.1 | 29.4 | 75.0 | 106.0 | |||||||||||||
| Other expense (income) | (11.6) | (11.4) | (8.2) | (8.1) | |||||||||||||
| Income before income taxes | 156.3 | 99.1 | 550.0 | 429.2 | |||||||||||||
| Provision for income taxes | 40.5 | 115.6 | 121.5 | 188.4 | |||||||||||||
| Effective tax rate | 25.9 | % | 116.6 | % | 22.1 | % | 43.9 | % | |||||||||
| Net income (loss) from continuing operations | 115.8 | (16.5) | 428.5 | 240.8 | |||||||||||||
| Income from discontinued operations, net of tax | 3.1 | 27.2 | 281.7 | 91.0 | |||||||||||||
| Net income | $ | 118.9 | $ | 10.7 | $ | 710.2 | $ | 331.8 | |||||||||
| Earnings (loss) per ordinary share | |||||||||||||||||
| Basic | |||||||||||||||||
| Continuing operations | $ | 0.72 | $ | (0.10) | $ | 2.63 | $ | 1.45 | |||||||||
| Discontinued operations | 0.02 | 0.16 | 1.73 | 0.55 | |||||||||||||
| Basic earnings per ordinary share | $ | 0.74 | $ | 0.06 | $ | 4.36 | $ | 2.00 | |||||||||
| Diluted | |||||||||||||||||
| Continuing operations | $ | 0.71 | $ | (0.10) | $ | 2.60 | $ | 1.43 | |||||||||
| Discontinued operations | 0.02 | 0.16 | 1.71 | 0.54 | |||||||||||||
| Diluted earnings per ordinary share | $ | 0.73 | $ | 0.06 | $ | 4.31 | $ | 1.97 | |||||||||
| Weighted average ordinary shares outstanding | |||||||||||||||||
| Basic | 161.6 | 164.9 | 162.4 | 165.5 | |||||||||||||
| Diluted | 164.0 | 167.4 | 164.6 | 168.2 | |||||||||||||
| Cash dividends paid per ordinary share | $ | 0.20 | $ | 0.19 | $ | 0.80 | $ | 0.76 | |||||||||
| nVent Electric plc | ||||||||
| Condensed Consolidated Balance Sheets (Unaudited) | ||||||||
| December 31, 2025 |
December 31, 2024 |
|||||||
| In millions | ||||||||
| Assets | ||||||||
| Current assets | ||||||||
| Cash and cash equivalents | $ | 237.5 | $ | 131.2 | ||||
| Accounts and notes receivable, net | 693.0 | 473.1 | ||||||
| Inventories | 471.9 | 360.3 | ||||||
| Other current assets | 237.2 | 123.9 | ||||||
| Current assets held for sale | — | 300.8 | ||||||
| Total current assets | 1,639.6 | 1,389.3 | ||||||
| Property, plant and equipment, net | 434.5 | 347.9 | ||||||
| Other assets | ||||||||
| Goodwill | 2,678.0 | 2,221.8 | ||||||
| Intangibles, net | 1,876.5 | 1,587.0 | ||||||
| Other non-current assets | 223.3 | 213.6 | ||||||
| Non-current assets held for sale | — | 975.3 | ||||||
| Total other assets | 4,777.8 | 4,997.7 | ||||||
| Total assets | $ | 6,851.9 | $ | 6,734.9 | ||||
| Liabilities and Equity | ||||||||
| Current liabilities | ||||||||
| Current maturities of long-term debt and short-term borrowings | $ | 13.8 | $ | 37.5 | ||||
| Accounts payable | 358.9 | 280.1 | ||||||
| Employee compensation and benefits | 156.6 | 95.0 | ||||||
| Other current liabilities | 474.2 | 266.5 | ||||||
| Current liabilities held for sale | — | 122.5 | ||||||
| Total current liabilities | 1,003.5 | 801.6 | ||||||
| Other liabilities | ||||||||
| Long-term debt | 1,546.0 | 2,117.5 | ||||||
| Pension and post-retirement compensation and benefits | 135.6 | 131.7 | ||||||
| Deferred tax liabilities | 232.0 | 242.7 | ||||||
| Other non-current liabilities | 204.6 | 157.9 | ||||||
| Non-current liabilities held for sale | — | 45.9 | ||||||
| Total liabilities | 3,121.7 | 3,497.3 | ||||||
| Equity | 3,730.2 | 3,237.6 | ||||||
| Total liabilities and equity | $ | 6,851.9 | $ | 6,734.9 | ||||
| nVent Electric plc | ||||||||
Condensed Consolidated Statements of Cash Flows (Unaudited) | ||||||||
| Twelve months ended | ||||||||
| In millions | December 31, 2025 |
December 31, 2024 |
||||||
| Operating activities | ||||||||
| Net income | $ | 710.2 | $ | 331.8 | ||||
| Less: Income from discontinued operations, net of tax | 281.7 | 91.0 | ||||||
| Net income from continuing operations | 428.5 | 240.8 | ||||||
| Adjustments to reconcile net income to net cash provided by (used for) operating activities | ||||||||
| Depreciation | 60.7 | 51.3 | ||||||
| Amortization | 147.1 | 94.7 | ||||||
| Deferred income taxes | 11.1 | 85.3 | ||||||
| Share-based compensation | 37.5 | 27.3 | ||||||
| Impairment of equity investments | — | 8.8 | ||||||
| Release of guarantee liability | — | (12.5) | ||||||
| Amortization of bridge financing debt issuance costs | — | 2.2 | ||||||
| Pension and post-retirement (income) expense | (7.0) | 5.4 | ||||||
| Pension and post-retirement contributions | (5.4) | (4.7) | ||||||
| Changes in assets and liabilities, net of effects of business acquisitions | ||||||||
| Accounts and notes receivable | (112.1) | 38.6 | ||||||
| Inventories | (78.7) | (0.6) | ||||||
| Other current assets | (4.1) | (9.9) | ||||||
| Contract assets and liabilities | 39.1 | (16.1) | ||||||
| Accounts payable | 57.2 | 1.5 | ||||||
| Employee compensation and benefits | 49.1 | (10.8) | ||||||
| Other current liabilities | 26.5 | 0.8 | ||||||
| Other non-current assets and liabilities | (0.5) | (1.1) | ||||||
| Net cash provided by (used for) operating activities | 649.0 | 501.0 | ||||||
| Net cash provided by (used for) operating activities of discontinued operations | (183.8) | 142.1 | ||||||
| Net cash provided by (used for) operating activities | 465.2 | 643.1 | ||||||
| Investing activities | ||||||||
| Capital expenditures | (93.3) | (74.0) | ||||||
| Proceeds from sale of property and equipment | 5.3 | 0.5 | ||||||
| Settlement of net investment hedge | — | 0.4 | ||||||
| Acquisitions, net of cash acquired | (975.7) | (677.7) | ||||||
| Net cash provided by (used for) investing activities | (1,063.7) | (750.8) | ||||||
| Net cash provided by (used for) investing activities of discontinued operations | 1,584.5 | (7.6) | ||||||
| Net cash provided by (used for) investing activities | 520.8 | (758.4) | ||||||
| Financing activities | ||||||||
| Proceeds from long-term debt | 275.0 | 500.0 | ||||||
| Repayments of long-term debt | (873.3) | (126.5) | ||||||
| Debt issuance costs | (2.0) | (3.9) | ||||||
| Dividends paid | (130.4) | (126.8) | ||||||
| Shares issued to employees, net of shares withheld | 15.4 | 3.4 | ||||||
| Repurchases of ordinary shares | (253.1) | (100.0) | ||||||
| Net cash provided by (used for) financing activities | (968.4) | 146.2 | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 30.0 | (26.1) | ||||||
| Change in cash and cash equivalents | 47.6 | 4.8 | ||||||
| Cash and cash equivalents, beginning of year | 131.2 | 179.6 | ||||||
| Cash and cash equivalents within assets held for sale, beginning of period | 58.7 | 5.5 | ||||||
| Less: Cash and cash equivalents within assets held for sale, end of period | — | 58.7 | ||||||
| Cash and cash equivalents, end of year | $ | 237.5 | $ | 131.2 | ||||
| nVent Electric plc | |||||||||||||||||
| Supplemental Financial Information by Reportable Segment (Unaudited) | |||||||||||||||||
| 2025 | |||||||||||||||||
| In millions | First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Full Year |
||||||||||||
| Net sales | |||||||||||||||||
| Systems Protection | $ | 508.2 | $ | 632.0 | $ | 715.6 | $ | 737.1 | $ | 2,592.9 | |||||||
| Electrical Connections | 301.1 | 331.1 | 338.4 | 329.6 | 1,300.2 | ||||||||||||
| Total | $ | 809.3 | $ | 963.1 | $ | 1,054.0 | $ | 1,066.7 | $ | 3,893.1 | |||||||
| Reportable segment income | |||||||||||||||||
| Systems Protection | $ | 104.2 | $ | 137.1 | $ | 146.2 | $ | 149.5 | $ | 537.0 | |||||||
| Electrical Connections | 85.1 | 94.9 | 101.6 | 91.0 | 372.6 | ||||||||||||
| Reportable segment income | 189.3 | 232.0 | 247.8 | 240.5 | 909.6 | ||||||||||||
| Enterprise and other | (27.1) | (32.0) | (34.5) | (30.2) | (123.8) | ||||||||||||
| Adjusted operating income | $ | 162.2 | $ | 200.0 | $ | 213.3 | $ | 210.3 | $ | 785.8 | |||||||
| Return on sales | |||||||||||||||||
| Systems Protection | 20.5 | % | 21.7 | % | 20.4 | % | 20.3 | % | 20.7 | % | |||||||
| Electrical Connections | 28.3 | % | 28.7 | % | 30.0 | % | 27.6 | % | 28.7 | % | |||||||
| Adjusted return on sales | 20.0 | % | 20.8 | % | 20.2 | % | 19.7 | % | 20.2 | % | |||||||
| 2024 | |||||||||||||||||
| In millions | First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Full Year |
||||||||||||
| Net sales | |||||||||||||||||
| Systems Protection | $ | 439.9 | $ | 440.8 | $ | 477.1 | $ | 465.5 | $ | 1,823.3 | |||||||
| Electrical Connections | 292.2 | 299.0 | 304.9 | 286.7 | 1,182.8 | ||||||||||||
| Total | $ | 732.1 | $ | 739.8 | $ | 782.0 | $ | 752.2 | $ | 3,006.1 | |||||||
| Reportable segment income | |||||||||||||||||
| Systems Protection | $ | 94.8 | $ | 103.8 | $ | 104.4 | $ | 100.1 | $ | 403.1 | |||||||
| Electrical Connections | 85.2 | 92.5 | 92.6 | 84.2 | 354.5 | ||||||||||||
| Reportable segment income | 180.0 | 196.3 | 197.0 | 184.3 | 757.6 | ||||||||||||
| Enterprise and other | (24.1) | (26.9) | (28.6) | (26.0) | (105.6) | ||||||||||||
| Adjusted operating income | $ | 155.9 | $ | 169.4 | $ | 168.4 | $ | 158.3 | $ | 652.0 | |||||||
| Return on sales | |||||||||||||||||
| Systems Protection | 21.6 | % | 23.5 | % | 21.9 | % | 21.5 | % | 22.1 | % | |||||||
| Electrical Connections | 29.2 | % | 30.9 | % | 30.4 | % | 29.4 | % | 30.0 | % | |||||||
| Adjusted return on sales | 21.3 | % | 22.9 | % | 21.5 | % | 21.0 | % | 21.7 | % | |||||||
| nVent Electric plc | |||||||||||||||||
Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ended December 31, 2025 | |||||||||||||||||
| excluding the effect of adjustments (Unaudited) | |||||||||||||||||
| In millions, except per-share data | First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Full Year |
||||||||||||
| Net sales | $ | 809.3 | $ | 963.1 | $ | 1,054.0 | $ | 1,066.7 | $ | 3,893.1 | |||||||
| Operating income | 130.0 | 156.7 | 166.3 | 163.8 | 616.8 | ||||||||||||
| Return on sales | 16.1 | % | 16.3 | % | 15.8 | % | 15.4 | % | 15.8 | % | |||||||
| Adjustments: | |||||||||||||||||
| Restructuring and other | 0.9 | 3.1 | 2.7 | 0.8 | 7.5 | ||||||||||||
| Acquisition transaction and integration costs | 3.1 | 4.3 | 2.4 | 4.6 | 14.4 | ||||||||||||
| Intangible amortization | 28.2 | 35.9 | 41.9 | 41.1 | 147.1 | ||||||||||||
| Adjusted operating income (non-GAAP measure) | $ | 162.2 | $ | 200.0 | $ | 213.3 | $ | 210.3 | $ | 785.8 | |||||||
| Adjusted return on sales (non-GAAP measure) | 20.0 | % | 20.8 | % | 20.2 | % | 19.7 | % | 20.2 | % | |||||||
| Net income from continuing operations | $ | 87.0 | $ | 106.7 | $ | 119.0 | $ | 115.8 | $ | 428.5 | |||||||
| Adjustments to operating income | 32.2 | 43.3 | 47.0 | 46.5 | 169.0 | ||||||||||||
| Pension and post-retirement mark-to-market gain | — | — | — | (12.9) | (12.9) | ||||||||||||
| Income tax adjustments | (7.1) | (9.4) | (16.8) | (1.3) | (33.8) | ||||||||||||
| Adjusted net income from continuing operations (non-GAAP measure) | $ | 112.1 | $ | 140.6 | $ | 149.2 | $ | 148.1 | $ | 550.8 | |||||||
| Earnings per ordinary share - diluted | |||||||||||||||||
| Diluted earnings (loss) per ordinary share from continuing operations | $ | 0.52 | $ | 0.65 | $ | 0.73 | $ | 0.71 | $ | 2.60 | |||||||
| Adjustments | 0.15 | 0.21 | 0.18 | 0.19 | 0.75 | ||||||||||||
| Adjusted diluted earnings per ordinary share from continuing operations (non-GAAP measure) | $ | 0.67 | $ | 0.86 | $ | 0.91 | $ | 0.90 | $ | 3.35 | |||||||
| nVent Electric plc | |||||||||||||||||
Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ended December 31, 2024 | |||||||||||||||||
| excluding the effect of adjustments (Unaudited) | |||||||||||||||||
| In millions, except per-share data | First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Full Year |
||||||||||||
| Net sales | $ | 732.1 | $ | 739.8 | $ | 782.0 | $ | 752.2 | $ | 3,006.1 | |||||||
| Operating income | 131.9 | 144.9 | 133.2 | 117.1 | 527.1 | ||||||||||||
| Return on sales | 18.0 | % | 19.6 | % | 17.0 | % | 15.6 | % | 17.5 | % | |||||||
| Adjustments: | |||||||||||||||||
| Restructuring and other | 1.1 | 2.0 | 2.8 | 1.6 | 7.5 | ||||||||||||
| Acquisition transaction and integration costs | 2.5 | 3.0 | 5.6 | 2.8 | 13.9 | ||||||||||||
| Intangible amortization | 20.4 | 19.5 | 26.8 | 28.0 | 94.7 | ||||||||||||
| Impairment of equity investments | — | — | — | 8.8 | 8.8 | ||||||||||||
| Adjusted operating income (non-GAAP measure) | $ | 155.9 | $ | 169.4 | $ | 168.4 | $ | 158.3 | $ | 652.0 | |||||||
| Adjusted return on sales (non-GAAP measure) | 21.3 | % | 22.9 | % | 21.5 | % | 21.0 | % | 21.7 | % | |||||||
| Net income from continuing operations | $ | 85.2 | $ | 93.2 | $ | 78.9 | $ | (16.5) | $ | 240.8 | |||||||
| Adjustments to operating income | 24.0 | 24.5 | 35.2 | 41.2 | 124.9 | ||||||||||||
| Pension and post-retirement mark-to-market gain | — | — | — | (0.1) | (0.1) | ||||||||||||
| Release of guarantee liability | — | — | — | (12.5) | (12.5) | ||||||||||||
| Amortization of bridge financing debt issuance costs | — | 2.2 | — | — | 2.2 | ||||||||||||
Income tax adjustments (1) |
(7.2) | (6.9) | (8.8) | 86.2 | 63.3 | ||||||||||||
| Adjusted net income from continuing operations (non-GAAP measure) | $ | 102.0 | $ | 113.0 | $ | 105.3 | $ | 98.3 | $ | 418.6 | |||||||
| Earnings per ordinary share - diluted | |||||||||||||||||
| Diluted earnings per ordinary share from continuing operations | $ | 0.51 | $ | 0.55 | $ | 0.47 | $ | (0.10) | $ | 1.43 | |||||||
| Adjustments | 0.10 | 0.12 | 0.16 | 0.69 | 1.06 | ||||||||||||
| Adjusted diluted earnings per ordinary share from continuing operations (non-GAAP measure) | $ | 0.61 | $ | 0.67 | $ | 0.63 | $ | 0.59 | $ | 2.49 | |||||||
| nVent Electric plc | ||||||||||||||
Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ending December 31, 2026 | ||||||||||||||
excluding the effect of 2026 adjustments (Unaudited) | ||||||||||||||
| In millions, except per-share data | Forecast (1) |
|||||||||||||
| First Quarter | Full Year | |||||||||||||
| Net income from continuing operations | $ | 118 | $ | 549 | ||||||||||
| Intangible amortization | 41 | 154 | ||||||||||||
| Income tax adjustments | (9) | (34) | ||||||||||||
| Adjusted net income from continuing operations (non-GAAP measure) | $ | 150 | $ | 669 | ||||||||||
| Diluted earnings per ordinary share from continuing operations | ||||||||||||||
| Diluted earnings per ordinary share from continuing operations | $0.70 - $0.73 | $3.27 - $3.42 | ||||||||||||
| Adjustments | 0.20 | 0.73 | ||||||||||||
| Adjusted diluted earnings per ordinary share from continuing operations (non-GAAP measure) | $0.90 - $0.93 | $4.00 - $4.15 | ||||||||||||
(1) Forecast information represents an approximation | ||||||||||||||
| nVent Electric plc | |||||||||||||||||||||||||||||
| Reconciliation of Net Sales Growth to Organic Net Sales Growth by Segment | |||||||||||||||||||||||||||||
for the quarter and year ended December 31, 2025 (Unaudited) |
|||||||||||||||||||||||||||||
| Q4 Net Sales Growth | Full Year Net Sales Growth | ||||||||||||||||||||||||||||
| Organic | Currency | Acq./Div. | Total | Organic | Currency | Acq./Div. | Total | ||||||||||||||||||||||
| nVent | 23.6 | % | 1.5 | % | 16.7 | % | 41.8 | % | 12.6 | % | 0.6 | % | 16.3 | % | 29.5 | % | |||||||||||||
| Systems Protection | 33.5 | % | 1.6 | % | 23.2 | % | 58.3 | % | 17.1 | % | 0.8 | % | 24.3 | % | 42.2 | % | |||||||||||||
| Electrical Connections | 7.5 | % | 1.2 | % | 6.3 | % | 15.0 | % | 5.7 | % | 0.3 | % | 3.9 | % | 9.9 | % | |||||||||||||
| nVent Electric plc | |||||||||||||||||||||||||||||
| Reconciliation of Net Sales Growth (non-GAAP measure) to Organic Net Sales Growth (non-GAAP measure) | |||||||||||||||||||||||||||||
for continuing operations for the quarter ending March 31, 2026 and the year ending December 31, 2026 (Unaudited) |
|||||||||||||||||||||||||||||
Forecast (1) |
|||||||||||||||||||||||||||||
| Q1 Net Sales Growth | Full Year Net Sales Growth | ||||||||||||||||||||||||||||
| Organic | Currency | Acq./Div. | Total | Organic | Currency | Acq./Div. | Total | ||||||||||||||||||||||
| nVent | 17 - 19% | 2 | % | 15 | % | 34 - 36% | 10 - 13% | 1 | % | 4 | % | 15-18% | |||||||||||||||||
(1) Forecast information represents an approximation |
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| nVent Electric plc | |||||||||||||||||
Reconciliation of cash from operating activities to free cash flow (Unaudited) | |||||||||||||||||
| Three months ended | Twelve months ended | ||||||||||||||||
| In millions | December 31, 2025 |
December 31, 2024 |
December 31, 2025 |
December 31, 2024 |
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| Net cash provided by (used for) operating activities of continuing operations | $ | 222.4 | $ | 176.9 | $ | 649.0 | $ | 501.0 | |||||||||
| Capital expenditures | (36.7) | (26.5) | (93.3) | (74.0) | |||||||||||||
| Proceeds from sale of property and equipment | 3.6 | — | 5.3 | 0.5 | |||||||||||||
| Free cash flow (non-GAAP measure) | $ | 189.3 | $ | 150.4 | $ | 561.0 | $ | 427.5 | |||||||||