nVent Electric (NVT) Asset Utilization Ratio (2018 - 2026)
nVent Electric's quarterly Asset Utilization Ratio came in at 0.63 in Q1 2026, up 36.72% year-on-year from 0.46 in Q1 2025, and up 9.54% quarter-over-quarter from 0.57 in Q4 2025.
nVent Electric has reported Asset Utilization Ratio for 9 years, with the latest figure at 0.63 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 36.72% year-over-year to 0.63; the trailing twelve-month figure through Mar 2026 stood at 0.63 (up 36.72% YoY), and the FY2025 full-year result was 0.57, up 22.93% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.63, up from 0.57 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.63 in Q1 2026, with the low at 0.4 in Q3 2023.
- Average Asset Utilization Ratio over 5 years is 0.5, with a median of 0.48 recorded in 2024.
- Year-over-year, Asset Utilization Ratio sank 31.54% in 2023 and surged 36.72% in 2026.
- Tracing NVT's Asset Utilization Ratio over 5 years: stood at 0.47 in 2022, then gained by 3.95% to 0.49 in 2023, then decreased by 9.76% to 0.44 in 2024, then gained by 29.84% to 0.57 in 2025, then climbed 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.85 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.54 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.63 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.72 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.74 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 1.00 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 1.00 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.93 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.30 |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 0.37 |
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 |
| Mar 31, 2021 | 0.46 |
| Dec 31, 2020 | 0.46 |
| Sep 30, 2020 | 0.45 |
| Jun 30, 2020 | 0.44 |
| Mar 31, 2020 | 0.47 |
| Dec 31, 2019 | 0.48 |
| Sep 30, 2019 | 0.48 |
| Jun 30, 2019 | 0.49 |
| Mar 31, 2019 | 0.49 |
| Dec 31, 2018 | 0.48 |
| Sep 30, 2018 | 0.48 |
| Jun 30, 2018 | 0.44 |
| Mar 31, 2018 | 0.43 |