nVent Electric PLC (NVT)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 331,800 | 576,000 | 576,500 | 578,400 | 567,100 | 470,900 | 458,800 | 425,800 | 399,800 | 308,100 | 289,000 | 275,300 | 272,900 | 253,000 | 40,000 | -400 | -47,200 | -48,800 | 149,800 | 184,900 |
| Revenue (ttm) | US$ in thousands | 3,289,100 | 3,398,100 | 3,474,900 | 3,397,600 | 3,263,600 | 3,144,000 | 3,030,400 | 2,954,900 | 2,909,000 | 2,836,400 | 2,734,000 | 2,607,800 | 2,462,000 | 2,314,200 | 2,180,700 | 2,026,600 | 1,998,600 | 2,044,100 | 2,094,600 | 2,186,900 |
| Net profit margin | 10.09% | 16.95% | 16.59% | 17.02% | 17.38% | 14.98% | 15.14% | 14.41% | 13.74% | 10.86% | 10.57% | 10.56% | 11.08% | 10.93% | 1.83% | -0.02% | -2.36% | -2.39% | 7.15% | 8.45% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $331,800K ÷ $3,289,100K
= 10.09%
nVent Electric PLC's net profit margin has shown fluctuations over the periods indicated. The net profit margin is a key metric that indicates the company's profitability after all expenses have been deducted from its revenues.
From March 31, 2020, to December 31, 2022, the net profit margin fluctuated between negative values and positive values, indicating varying levels of profitability. However, from March 31, 2023, to December 31, 2024, there is a noticeable improvement in the net profit margin, showing a consistent increase in profitability.
The net profit margin reached its highest point at 17.38% on December 31, 2023, indicating a significant improvement in the company's ability to generate profits relative to its revenues. However, there was a decrease in the net profit margin to 10.09% on December 31, 2024, which could be worth further investigation to understand the factors contributing to this change.
Overall, the trend in nVent Electric PLC's net profit margin shows a positive trajectory in recent periods, indicating an improvement in the company's profitability.
Peer comparison
Dec 31, 2024