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

nVent Electric has reported Gross Margin for 10 years, with the latest figure at 37.93% in Q2 2026.

• On a quarterly basis, Gross Margin fell 68.0% year-over-year to 37.93% in Q2 2026; TTM through Jun 2026 was 36.97%, a 223.0% decrease from a year earlier, with the FY2025 full-year figure at 37.74%, down 249.0% from the prior year.
• Gross Margin was 37.93% for Q2 2026 at nVent Electric, up from 35.88% in the prior quarter.
• The five-year high for Gross Margin was 41.58% in Q2 2024, with the low at 13.94% in Q4 2022.
• Average Gross Margin over 5 years is 37.44%, with a median of 38.84% recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Gross Margin sank 2301 bps in 2022, then jumped 2610 bps in 2023.
• Over 5 years, Gross Margin stood at 13.94% in 2022, then surged by 187 bps to 40.04% in 2023, then dropped by 1 bps to 39.82% in 2024, then decreased by 8 bps to 36.46% in 2025, then rose by 4 bps to 37.93% in 2026.
• The last three Gross Margin figures came in at 37.93% (Q2 2026), 35.88% (Q1 2026), and 36.46% (Q4 2025), per Business Quant data.