nVent Electric PLC (NVT)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.12% | 40.45% | 40.14% | 40.01% | 39.34% | 40.63% | 39.43% | 38.11% | 37.71% | 37.68% | 38.27% | 39.01% | 38.94% | 38.87% | 38.14% | 38.03% | 38.29% | 38.73% | 39.53% | 39.90% |
| Operating profit margin | 18.82% | 18.16% | 17.88% | 17.45% | 16.89% | 17.24% | 16.23% | 15.30% | 14.49% | 14.19% | 14.26% | 14.72% | 14.88% | 4.71% | 2.92% | 1.95% | 2.31% | 13.29% | 14.67% | 15.35% |
| Pretax margin | 16.00% | 15.66% | 15.70% | 15.64% | 18.15% | 18.15% | 17.29% | 16.42% | 13.28% | 12.94% | 12.94% | 13.28% | 12.96% | 2.64% | 0.63% | -0.48% | -1.11% | 9.79% | 11.19% | 11.86% |
| Net profit margin | 17.47% | 17.06% | 17.45% | 17.75% | 15.24% | 15.32% | 14.57% | 13.89% | 11.04% | 10.75% | 10.75% | 11.30% | 11.05% | 1.86% | -0.02% | -2.39% | -2.42% | 7.26% | 8.59% | 10.26% |
nVent Electric PLC has shown a stable and improving trend in profitability ratios over the analyzed periods. The gross profit margin has been consistently above 38%, indicating healthy profitability from core operations. Operating profit margin has also increased steadily, reflecting effective cost management and operational efficiency. The pretax margin has fluctuated but generally improved, showcasing the company's ability to generate earnings before taxes.
Furthermore, nVent Electric PLC's net profit margin has shown a positive trend, reaching above 17% in recent periods. This suggests effective management of expenses and sustainable profitability at the bottom line. Overall, the company's profitability ratios demonstrate strong financial performance and potential for continued growth.
Return on investment
| 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 | Dec 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.97% | 9.92% | 9.60% | 9.05% | 8.81% | 8.72% | 9.65% | 8.98% | 8.29% | 8.01% | 7.76% | 7.60% | 7.28% | 2.16% | 1.33% | 0.88% | 1.05% | 5.82% | 6.68% | 7.18% |
| Return on assets (ROA) | 8.33% | 9.32% | 9.37% | 9.20% | 7.95% | 7.75% | 8.66% | 8.16% | 6.32% | 6.06% | 5.85% | 5.84% | 5.41% | 0.85% | -0.01% | -1.08% | -1.11% | 3.18% | 3.91% | 4.80% |
| Return on total capital | 11.27% | 12.82% | 12.57% | 12.01% | 11.49% | 10.66% | 12.26% | 11.59% | 10.82% | 10.50% | 10.20% | 10.18% | 9.69% | 2.82% | 1.72% | 1.15% | 1.34% | 7.24% | 8.34% | 9.15% |
| Return on equity (ROE) | 17.54% | 17.53% | 18.01% | 18.05% | 15.99% | 15.95% | 15.26% | 14.64% | 11.62% | 11.18% | 10.86% | 10.93% | 9.95% | 1.60% | -0.02% | -1.96% | -2.02% | 5.81% | 7.18% | 8.59% |
nVent Electric PLC has shown consistent profitability performance in recent quarters based on various profitability ratios.
- Operating return on assets (Operating ROA) has been relatively stable around 8% to 10% over the past few quarters, indicating the company's ability to generate operating income from its assets efficiently.
- Return on assets (ROA) has displayed an increasing trend, with values ranging from 5% to 9%, suggesting that the company's net income generated by its total assets has been improving.
- Return on total capital has also shown improvement, fluctuating between 10% to 13%, demonstrating the company's effectiveness in generating returns from both equity and debt capital.
- Return on equity (ROE) has exhibited a similar positive trend, reaching values between 10% to 18%, reflecting the company's ability to generate profit from shareholder investments.
Overall, nVent Electric PLC's profitability ratios indicate a sound financial performance, with a consistent improvement in generating returns for both its assets and equity capital.