nVent Electric (NVT) Interest Coverage Ratio (2017 - 2026)

nVent Electric (NVT) recorded quarterly Interest Coverage Ratio of 150.54 in Q1 2026, up 8.63% quarter-over-quarter from 138.58 in Q3 2025, and up 27.38% on a YoY basis from 118.18 in Q1 2025.

nVent Electric (NVT) Interest Coverage Ratio (2017 - 2026) Analysis & Trends

nVent Electric's Interest Coverage Ratio history runs 10 years deep, the most recent figure standing at 150.54 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 27.38% year-over-year to 150.54; the TTM figure through Mar 2026 stood at 189.58 (up 15.51% YoY), while the FY2023 annual figure was 5.83, down 41.16% from the prior year.
  • Interest Coverage Ratio was 150.54 for Q1 2026 at nVent Electric, up from 138.58 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 241.0 in Q3 2022 to a low of 0.22 in Q4 2022.
  • Historically, Interest Coverage Ratio has averaged 116.35 across 5 years, with a median of 118.18 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio sank 107.47% in 2022, then soared 811.09% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 0.22 in 2022, then jumped by 811.09% to 1.55 in 2023, then soared by 7060.68% to 111.0 in 2024, then gained by 24.85% to 138.58 in 2025, then increased by 8.63% to 150.54 in 2026.
  • The last three Interest Coverage Ratio figures came in at 150.54 (Q1 2026), 138.58 (Q3 2025), and 142.45 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -100.02
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 8.39
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 150.54
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn -
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 16.66
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -24.97
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 9.61

Historic Data

Download Data
DateValue
Mar 31, 2026 150.54
Sep 30, 2025 138.58
Jun 30, 2025 142.45
Mar 31, 2025 118.18
Sep 30, 2024 111.00
Jun 30, 2024 161.00
Mar 31, 2024 109.92
Dec 31, 2023 1.55
Sep 30, 2023 97.08
Jun 30, 2023 133.36
Mar 31, 2023 103.42
Dec 31, 2022 -0.22
Sep 30, 2022 241.00
Jun 30, 2022 87.25
Mar 31, 2022 150.17
Dec 31, 2021 2.92
Sep 30, 2021 162.83
Jun 30, 2021 147.17
Mar 31, 2021 134.00
Dec 31, 2020 2.18