nVent Electric (NVT) Debt Ratio (2018 - 2026)

nVent Electric's (NVT) quarterly Debt Ratio came in at 0.22 in Q1 2026, down 14.69% year-on-year from 0.26 in Q1 2025, and down 2.63% quarter-over-quarter from 0.23 in Q4 2025.

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

nVent Electric's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.22 for Q1 2026.

  • On a quarterly basis, Debt Ratio fell 14.69% year-over-year to 0.22 in Q1 2026; TTM through Mar 2026 was 0.22, a 14.69% decrease from a year earlier, with the FY2025 full-year figure at 0.23, down 28.23% from the prior year.
  • Debt Ratio fell to 0.22 in Q1 2026 per NVT's latest filing, from 0.23 in the prior quarter.
  • Across five years, Debt Ratio topped out at 111.47 in Q3 2023 and bottomed at 0.22 in Q1 2023.
  • The 5-year median for Debt Ratio is 0.29 (2024), against an average of 20.45.
  • Across the five-year window, Debt Ratio surged 49914.01% in 2023 and declined 28.23% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.22 in 2022, then jumped by 31.31% to 0.29 in 2023, then advanced by 8.77% to 0.32 in 2024, then retreated by 28.23% to 0.23 in 2025, then declined by 2.63% to 0.22 in 2026.
  • Per Business Quant, the three latest NVT Debt Ratio figures stand at 0.22 (Q1 2026), 0.23 (Q4 2025), and 68.39 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 0.30
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 0.22
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn -
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 0.31
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 0.22
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 0.44
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 0.15
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn -
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 0.28
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 0.30

Historic Data

Download Data
DateValue
Mar 31, 2026 0.22
Dec 31, 2025 0.23
Sep 30, 2025 68.39
Jun 30, 2025 75.14
Mar 31, 2025 0.26
Dec 31, 2024 0.32
Sep 30, 2024 89.26
Jun 30, 2024 0.29
Mar 31, 2024 0.29
Dec 31, 2023 0.29
Sep 30, 2023 111.47
Jun 30, 2023 0.33
Mar 31, 2023 0.22
Dec 31, 2022 0.22
Sep 30, 2022 0.22
Jun 30, 2022 0.22
Mar 31, 2022 0.22
Dec 31, 2021 0.21
Sep 30, 2021 0.21
Jun 30, 2021 0.23