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.

• On a quarterly basis, Gross Margin fell 288.0% year-over-year to 35.88% in Q1 2026; TTM through Mar 2026 was 37.01%, a 294.0% decrease from a year earlier, with the FY2025 full-year figure at 37.74%, down 249.0% from the prior year.
• Gross Margin slipped to 35.88% in Q1 2026 per NVT's latest filing, from 36.46% in the prior quarter.
• Across five years, Gross Margin topped out at 41.58% in Q2 2024 and bottomed at 13.94% in Q4 2022.
• The 5-year median for Gross Margin is 38.92% (2022), against an average of 37.42%.
• Across the five-year window, Gross Margin slumped 2301 bps in 2022 and surged 2610 bps in 2023, its largest moves.
• Year by year, Gross Margin 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.
• Per Business Quant, the three latest NVT Gross Margin figures stand at 35.88% (Q1 2026), 36.46% (Q4 2025), and 37.45% (Q3 2025).