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| Date | Value |
|---|---|
| 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 |