nVent Electric
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. nVent Electric's past years’ income statements indicate that its last revenue has increased compared to the previous period by 12% to $3,263,600,000. The net income raised on $567,100,000 and profit margin reached 17%. Total operating expenses were $754,700,000.
Profit Margin
| 2015 | 1.80B | 210.1M | 11.61% |
|---|---|---|---|
| 2016 | 2.11B | 259.1M | 12.24% |
| 2017 | 2.09B | 361.7M | 17.24% |
| 2018 | 2.21B | 230.8M | 10.43% |
| 2019 | 2.20B | 222.7M | 10.1% |
| 2020 | 1.99B | -47.2M | -2.36% |
| 2021 | 2.46B | 272.9M | 11.08% |
| 2022 | 2.90B | 399.8M | 13.74% |
| 2023 | 3.26B | 567.1M | 17.38% |
NVT Income Statement (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 3.26B | 2.90B | 2.46B | 1.99B | 2.20B | 2.21B | 2.09B | 2.11B | 1.80B |
Cost of revenue | 1.92B | 1.81B | 1.52B | 1.24B | 1.33B | 1.33B | 1.25B | 1.28B | 1.13B |
Gross profit | 1.34B | 1.09B | 941.9M | 749.4M | 865.8M | 876.1M | 841.9M | 835.8M | 670.1M |
Operating exp. | |||||||||
Research and development | 71.5M | 60.4M | 48.6M | 43.5M | 48.2M | 45.6M | 42.5M | 40.6M | 29.3M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 754.7M | 656.3M | 586.5M | 490.5M | 532.7M | 565.3M | 528.4M | 503M | 403.1M |
Operating income | 587.4M | 440.4M | 355.4M | 247.4M | 333.1M | 310.8M | 313.5M | 332.8M | 267M |
Other income (expenses), net | -87.9M | 32.2M | -34.7M | -47.9M | -75.7M | -10.9M | -2.8M | -16.4M | -1.1M |
Income before tax | 499.5M | 472.6M | 320.7M | -9.5M | 257.4M | 268.7M | 313.3M | 315M | 265.9M |
Income tax expense | -67.6M | 72.8M | 47.8M | 37.7M | 34.7M | 37.9M | -48.4M | 55.9M | 55.8M |
Net income | 567.1M | 399.8M | 272.9M | -47.2M | 222.7M | 230.8M | 361.7M | 259.1M | 210.1M |
Earnings per share | |||||||||
Basic EPS | 3.42 | 2.4 | 1.63 | -0.28 | 1.3 | 1.29 | 2.03 | 1.45 | 1.18 |
Diluted EPS | 3.37 | 2.38 | 1.61 | -0.28 | 1.29 | 1.28 | 2.03 | 1.45 | 1.18 |
| Data source | Data source | Data source | Data source | Data source | Data source |