nVent Electric PLC (NVT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 40.57% | 40.87% | 41.18% | 41.04% | 41.12% | 40.71% | 40.15% | 39.01% | 37.70% | 37.10% | 37.04% | 37.59% | 38.26% | 38.53% | 38.43% | 37.65% | 37.50% | 37.77% | 38.16% | 38.92% |
| Operating profit margin | 17.66% | 18.77% | 19.02% | 18.77% | 18.42% | 19.65% | 18.24% | 17.29% | 16.39% | 13.22% | 13.95% | 14.00% | 14.44% | 14.73% | 4.65% | 2.89% | 1.92% | 2.27% | 13.09% | 14.45% |
| 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% |
| 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% |
nVent Electric PLC's profitability ratios show a fluctuating trend over the years.
1. Gross Profit Margin: The gross profit margin has shown some variability, ranging from a low of 37.04% in June 2022 to a high of 41.18% in June 2024. Overall, the company has maintained a relatively stable gross profit margin above 37% during the period analyzed.
2. Operating Profit Margin: The operating profit margin has exhibited significant fluctuations, with a low of 1.92% in December 2020 and a high of 19.02% in June 2024. Although there were periods of low profitability, the company managed to improve its operating profit margin consistently over the years.
3. Pretax Margin: The pretax margin also shows variability, with a low of -1.10% in September 2020 and a high of 17.93% in June 2023. The company experienced a negative pretax margin in some periods but was able to steadily increase profitability over time, reaching double-digit margins in the later years.
4. Net Profit Margin: The net profit margin fluctuated as well, with a low of -2.39% in September 2020 and a high of 17.38% in December 2023. nVent Electric PLC managed to turn around its profitability, from negative margins to double-digit net profit margins in the latter years, indicating improved efficiency in managing costs and generating profits.
Overall, nVent Electric PLC's profitability ratios have shown improvement over the years, reflecting the company's efforts to enhance operational efficiency and generate higher returns for its stakeholders.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 8.62% | 9.22% | 10.68% | 10.34% | 9.76% | 10.43% | 9.33% | 10.39% | 9.73% | 7.69% | 8.01% | 7.76% | 7.60% | 7.28% | 2.16% | 1.33% | 0.88% | 1.05% | 5.82% | 6.68% |
| Return on assets (ROA) | 4.93% | 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% |
| Return on total capital | 18.25% | 18.51% | 19.84% | 19.84% | 19.09% | 21.91% | 20.51% | 19.29% | 18.48% | 15.72% | 15.29% | 14.98% | 14.82% | 13.07% | 3.62% | 1.93% | 1.12% | 2.08% | 10.77% | 12.39% |
| Return on equity (ROE) | 10.25% | 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% |
nVent Electric PLC's profitability ratios demonstrate a positive trend over the periods analyzed.
- Operating return on assets (Operating ROA): This ratio, which measures the company's operating income generated per dollar of assets, has shown a consistent improvement from 6.68% on March 31, 2020, to 10.68% on June 30, 2024. This indicates that the company's operating efficiency and profitability from its assets have been on an upward trajectory.
- Return on assets (ROA): While the Operating ROA focuses on operating income, the ROA ratio reveals the overall profitability in relation to total assets. nVent Electric PLC has shown a turnaround in this metric, from negative figures in September 2020 to a positive 9.32% on June 30, 2024. This improvement suggests effective asset utilization and strong financial performance.
- Return on total capital: This ratio reflects how efficiently the company generates profits from its total invested capital. nVent Electric PLC has consistently increased its Return on Total Capital, demonstrating a steady growth in generating returns for its capital providers, from 12.39% on March 31, 2020, to 19.84% on June 30, 2024.
- Return on equity (ROE): ROE measures the return generated on shareholders' equity investment. nVent Electric PLC has also exhibited a positive trend in ROE, escalating from 7.18% on March 31, 2020, to 17.54% on September 30, 2024. This indicates the company's ability to effectively utilize equity financing to generate earnings for its shareholders.
Overall, the increasing profitability ratios across the board suggest that nVent Electric PLC has been efficiently utilizing its assets, capital, and equity to enhance its financial performance and deliver value to its investors.