nVent Electric plc【NVT】Income statement

Market cap

$17B

P/E ratio

	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Revenue	2,214	2,204	1,999	2,462	2,909	3,264	3,006
Revenue growth (%)	-
Cost of revenue	1,338	1,338	1,249	1,520	1,812	1,922	1,797
Gross profit	876	866	749	942	1,097	1,342	1,209
Gross margin (%)
Research & development	46	48	44	49	60	72	66
Selling, general & administrative	520	485	447	538	596	683	616
Operating margin (%)
Operating income	311	333	38	355	440	587	527
Income before tax	269	257	-9	321	473	500	429
Pretax margin (%)	12.1	11.7	-0.5	13	16.2	15.3	14.3
Provision for income taxes	38	35	38	48	73	-68	188
Effective tax rate (%)
Net income	231	223	-47	273	400	567	332
Net income margin (%)
Earnings per share	-	1.3	-0.28	1.63	2.4	3.42	2
Diluted EPS	1.28	1.29	-0.28	1.61	2.38	3.37	1.97
Dividend payout ratio (%)
Dividend per share	0.35	0.7	0.7	0.7	0.7	0.7	0.76