nVent Electric (NVT) Gross Margin (2017 - 2026)

nVent Electric's Gross Margin history runs 10 years deep, the most recent figure standing at 35.88% for Q1 2026.

• In Q1 2026, Gross Margin fell 288.0% year-over-year to 35.88%; the TTM figure through Mar 2026 stood at 37.01% (down 294.0% YoY), while the FY2025 annual figure was 37.74%, down 249.0% from the prior year.
• Gross Margin was 35.88% for Q1 2026 at nVent Electric, down from 36.46% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 41.58% in Q2 2024 to a low of 13.94% in Q4 2022.
• Historically, Gross Margin has averaged 37.42% across 5 years, with a median of 38.92% in 2022.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 2301 bps in 2022, then soared 2610 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 13.94% in 2022, then jumped by 187 bps to 40.04% in 2023, then slipped by 1 bps to 39.82% in 2024, then retreated by 8 bps to 36.46% in 2025, then dropped by 2 bps to 35.88% in 2026.
• The last three Gross Margin figures came in at 35.88% (Q1 2026), 36.46% (Q4 2025), and 37.45% (Q3 2025), per Business Quant data.