nVent Electric (NVT) Asset Utilization Ratio (2018 - 2026)

nVent Electric (NVT) recorded quarterly Asset Utilization Ratio of 0.63 in Q1 2026, up 9.54% quarter-over-quarter from 0.57 in Q4 2025, and up 36.72% on a YoY basis from 0.46 in Q1 2025.

nVent Electric (NVT) Asset Utilization Ratio (2018 - 2026) Analysis & Trends

nVent Electric's Asset Utilization Ratio history runs 9 years deep, the most recent figure standing at 0.63 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 36.72% year-over-year to 0.63; the TTM figure through Mar 2026 stood at 0.63 (up 36.72% YoY), while the FY2025 annual figure was 0.57, up 22.93% from the prior year.
  • Asset Utilization Ratio was 0.63 for Q1 2026 at nVent Electric, up from 0.57 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.63 in Q1 2026 to a low of 0.4 in Q3 2023.
  • Historically, Asset Utilization Ratio has averaged 0.5 across 5 years, with a median of 0.48 in 2024.
  • The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio sank 31.54% in 2023, then soared 36.72% in 2026.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.47 in 2022, then rose by 3.95% to 0.49 in 2023, then retreated by 9.76% to 0.44 in 2024, then rose by 29.84% to 0.57 in 2025, then advanced by 9.54% to 0.63 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.63 (Q1 2026), 0.57 (Q4 2025), and 0.53 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.85
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.54
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.63
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.72
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.74
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 1.00
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 0.14
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 1.00
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 0.93

Historic Data

Download Data
DateValue
Mar 31, 2026 0.63
Dec 31, 2025 0.57
Sep 30, 2025 0.53
Jun 30, 2025 0.49
Mar 31, 2025 0.46
Dec 31, 2024 0.44
Sep 30, 2024 0.45
Jun 30, 2024 0.47
Mar 31, 2024 0.48
Dec 31, 2023 0.49
Sep 30, 2023 0.40
Jun 30, 2023 0.45
Mar 31, 2023 0.48
Dec 31, 2022 0.47
Sep 30, 2022 0.59
Jun 30, 2022 0.58
Mar 31, 2022 0.56
Dec 31, 2021 0.53
Sep 30, 2021 0.49
Jun 30, 2021 0.48