nVent Electric (NVT) Dividend Coverage Ratio (2018 - 2026)
nVent Electric's Dividend Coverage Ratio came in at 6.35 for Q2 2026, up 87.3% from 3.39 a year earlier and up 52.5% from the prior quarter.
nVent Electric (NVT) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, nVent Electric reported Dividend Coverage Ratio of 4.50, down 1.0% year-over-year; for FY2025, it was 5.45, up 108.1% from FY2024.
- Going back by year, Dividend Coverage Ratio was 2.62 in FY2024 (-46.1%), 4.86 in FY2023 (+42.1%), 3.42 in FY2022 (+47.4%) and 2.32 in FY2021.
- The Q2 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q1 2025.
- Year-over-year, Dividend Coverage Ratio increased in four of the last eight quarters, with growth averaging 142.3%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2025 (growth of 979.4%), and the weakest in Q4 2024 (a decline of 96.1%).
- Business Quant data shows NVT's Dividend Coverage Ratio at 4.16 (Q1 2026), 3.67 (Q4 2025) and 3.75 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 5.16 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 5.76 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 3.15 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 2.31 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 2.33 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.76 |
| 10 | nVent Electric | 25.97 Bn | 25.16 Bn | 558.00 Mn | 6.35 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.35 |
| Mar 31, 2026 | 4.16 |
| Dec 31, 2025 | 3.67 |
| Sep 30, 2025 | 3.75 |
| Jun 30, 2025 | 3.39 |
| Mar 31, 2025 | 10.80 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 3.31 |
| Jun 30, 2024 | 3.50 |
| Mar 31, 2024 | 3.29 |
| Dec 31, 2023 | 8.73 |
| Sep 30, 2023 | 3.63 |
| Jun 30, 2023 | 3.87 |
| Mar 31, 2023 | 3.20 |
| Dec 31, 2022 | 1.77 |
| Sep 30, 2022 | 3.19 |
| Jun 30, 2022 | 2.72 |
| Mar 31, 2022 | 2.34 |
| Dec 31, 2021 | 2.28 |
| Sep 30, 2021 | 2.52 |
nVent Electric Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();