nVent Electric PLC (NVT)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 479,400 | 501,300 | 529,000 | 520,200 | 499,500 | 560,900 | 543,500 | 505,400 | 472,600 | 370,700 | 347,700 | 331,300 | 320,700 | 296,700 | 57,000 | 12,600 | -9,500 | -22,400 | 202,000 | 240,900 |
| 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 |
| Pretax margin | 14.58% | 14.75% | 15.22% | 15.31% | 15.31% | 17.84% | 17.93% | 17.10% | 16.25% | 13.07% | 12.72% | 12.70% | 13.03% | 12.82% | 2.61% | 0.62% | -0.48% | -1.10% | 9.64% | 11.02% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $479,400K ÷ $3,289,100K
= 14.58%
nVent Electric PLC has shown fluctuations in its pretax margin over the periods analyzed. The company's pretax margin started positively at 11.02% as of March 31, 2020, but then experienced a decline to -1.10% and -0.48% in the subsequent quarters. However, there was a gradual recovery in the pretax margin, reaching 13.03% by December 31, 2021.
Subsequently, nVent Electric PLC maintained a pretax margin above 12% throughout 2022 and 2023, peaking at 17.93% as of June 30, 2023. However, the pretax margin decreased slightly to 14.58% by December 31, 2024. Overall, nVent Electric PLC has shown improvement in its pretax margin over the period analyzed, with some fluctuations along the way. It is essential for investors to monitor the company's operational efficiency and cost management strategies to understand the sustainability of its pretax margin growth.
Peer comparison
Dec 31, 2024