nVent Electric (NVT) Asset Utilization Ratio (2018 - 2026)
nVent Electric (NVT) posted quarterly Asset Utilization Ratio of 1.35 for Q2 2026, up 37.58% year-over-year from 0.98 in Q2 2025, and up 7.16% on a QoQ basis from 1.26 in Q1 2026.
nVent Electric (NVT) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
nVent Electric has reported Asset Utilization Ratio for 9 years, with the latest figure at 1.35 in Q2 2026.
- Asset Utilization Ratio for Q2 2026 came in at 1.35, up 37.58% year-over-year; the trailing twelve-month figure through Jun 2026 was 1.35 (up 37.58% YoY), and the FY2025 annual result was 0.57, up 22.93% from the prior year.
- Asset Utilization Ratio climbed to 1.35 in Q2 2026, from 1.26 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 152.28 in Q3 2025 and troughed at 0.45 in Q2 2023.
- A 5-year average of 9.17 and a median of 0.7 in 2022 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2023, when Asset Utilization Ratio retreated 22.78%; it then soared 15967.48% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.47 in 2022, then soared by 103.36% to 0.95 in 2023, then decreased by 6.84% to 0.89 in 2024, then rose by 27.34% to 1.13 in 2025, then gained by 19.03% to 1.35 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.35 in Q2 2026, 1.26 in Q1 2026, and 1.13 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.08 Bn | 97.97 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 57.98 Bn | 55.31 Bn | 355.57 Mn | 0.60 |
| 3 | Hubbell | 24.95 Bn | 24.55 Bn | 613.00 Mn | 0.61 |
| 4 | nVent Electric | 24.81 Bn | 24.56 Bn | 558.00 Mn | 1.35 |
| 5 | Advanced Energy Industries | 11.13 Bn | 9.71 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.25 Bn | 6.62 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.95 |
| 9 | Plug Power | 3.19 Bn | 2.88 Bn | -1.68 Mn | 0.33 |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 1.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.35 |
| Mar 31, 2026 | 0.63 |
| Dec 31, 2025 | 1.13 |
| Sep 30, 2025 | 152.28 |
| Jun 30, 2025 | 0.98 |
| Mar 31, 2025 | 0.46 |
| Dec 31, 2024 | 0.89 |
| Sep 30, 2024 | 0.95 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.95 |
| Sep 30, 2023 | 0.80 |
| 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 |