NVT nVent Electric margins

Relative Growth: Rel. Growth: 91

Relative Strength: Rel. Strength: 42

Relative Valuation: Rel. Valuation: 41

Relative Profitability: Rel. Profitability: 74

Gross margin

36.6%

Operating margin

17.8%

EBITDA margin

22.3%

Net margin

12.8%

For the latest period, nVent Electric has a gross margin of 36.6%, an operating margin of 17.8%, an EBITDA margin of 22.3%, and a net margin of 12.8%. The biggest positive change was in operating margin, increasing 1.9 percentage points. The biggest negative change was in EBITDA margin, decreasing 7.8 percentage points.

NVT margin history

Gross, operating, EBITDA and net margin trends

nVent Electric's margins averaged 38.98% gross, 17.02% operating, 26.33% EBITDA, and 16.66% net during the last 3 years. For the company, operating margin is above its three-year average, while gross, EBITDA, and net margins are below their three-year averages.

NVT margin expansion

Year-over-year margin changes in percentage points

nVent Electric's operating margin expanded by 1.9 percentage points, but gross margin contracted by 2 percentage points, EBITDA margin by 7.8 percentage points, and net margin by 4 percentage points.

Gross margin expansion

-2pp

Operating margin expansion

1.9pp

EBITDA margin expansion

-7.8pp

Net margin expansion

-4pp

NVT Gross margin

nVent Electric's gross margin averaged 38.98% over the last 3 years. Compared with its three-year average, nVent Electric's current gross margin is 36.6% and is 2.4 percentage points below its three-year average. Over the last 3 years, nVent Electric's gross margin peaked at 40.5% in Jun 2024 and reached a low of 36.6% in Sep 2026.

NVT Operating margin

nVent Electric's operating margin averaged 17.02% over the last 3 years. Against its three-year average, nVent Electric's operating margin is currently 17.8%, 0.8 percentage points above its three-year average. Over the last 3 years, nVent Electric's operating margin peaked at 18.1% in Jun 2024 and reached a low of 15.8% in Dec 2025.

NVT EBITDA margin

Over the last 3 years, nVent Electric's EBITDA margin averaged 26.33%. The current EBITDA margin of 22.3% is 4 percentage points below its three-year average. During this period, EBITDA margin reached a high of 33.5% in Mar 2025 and a low of 21.4% in Mar 2026.

NVT Net margin

nVent Electric recorded an average net margin of 16.66% across the last 3 years. The current net margin stands at 12.8%, 3.9 percentage points below its three-year average. Net margin was highest at 21.2% in Dec 2023 and lowest at 11% in Dec 2024.

NVT margin group comparison

Margins compared with peer-group, industry and sector averages

nVent Electric's gross margin of 36.6% is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.5%, nVent Electric's gross margin is 13% higher.

NVT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is nVent Electric's gross margin?

The current gross margin for NVT is 36.6% as of Sep 30, 2026.

What is nVent Electric's operating margin?

The current operating margin for NVT is 17.8% as of Sep 30, 2026.

What is nVent Electric's EBITDA margin?

As of Sep 30, 2026, NVT has an EBITDA margin of 22.3%.

What is nVent Electric's net margin?

The current net margin for NVT is 12.8% as of Sep 30, 2026.

What are the average margins of NVT?

Across the last 3 years, NVT averaged 39.0% gross, 17.0% operating, 26.3% EBITDA, and 16.7% net.

What are the highest historical margins of NVT?

Over this 5-year history, NVT peaked at 40.5% gross in Jun 2024, 18.1% operating in Jun 2024, 33.5% EBITDA in Mar 2025, and 21.2% net in Dec 2023.

What are the lowest historical margins of NVT?

Looking back across 5 years, NVT reached its lowest margins at 35.9% gross in Dec 2022, 13.5% operating in Dec 2022, 18% EBITDA in Jun 2022, and 10.6% net in Mar 2022.