nVent Electric (NVT) Interest Coverage Ratio (2017 - 2026)
nVent Electric (NVT) posted quarterly Interest Coverage Ratio of 2.79 for Q2 2026, up 98.3% year-over-year from 1.41 in Q2 2025, and up 53.65% on a QoQ basis from 1.82 in Q1 2026.
nVent Electric (NVT) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
nVent Electric has reported Interest Coverage Ratio for 10 years, with the latest figure at 2.79 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 2.79, up 98.3% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.67 (up 59.05% YoY), and the FY2025 annual result was 3.17, up 17.98% from the prior year.
- Interest Coverage Ratio climbed to 2.79 in Q2 2026, from 1.82 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 126.0 in Q4 2025 and troughed at 10.36 in Q4 2024.
- A 5-year average of 12.39 and a median of 1.5 in 2022 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2022, when Interest Coverage Ratio sank 365.13%; it then jumped 1678.14% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 5.73 in 2022, then jumped by 1678.14% to 90.38 in 2023, then plunged by 111.47% to 10.36 in 2024, then soared by 1315.88% to 126.0 in 2025, then slumped by 97.79% to 2.79 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.79 in Q2 2026, 1.82 in Q1 2026, and 126.0 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 36.66 |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 20.46 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 231.31 |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 28.82 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 14.29 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | - |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.79 |
| Mar 31, 2026 | 1.82 |
| Dec 31, 2025 | 1.59 |
| Sep 30, 2025 | 1.50 |
| Jun 30, 2025 | 1.41 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | -10.36 |
| Sep 30, 2024 | 1.48 |
| Jun 30, 2024 | 1.61 |
| Mar 31, 2024 | 1.47 |
| Dec 31, 2023 | 90.38 |
| Sep 30, 2023 | 1.34 |
| Jun 30, 2023 | 1.58 |
| Mar 31, 2023 | 1.78 |
| Dec 31, 2022 | -5.73 |
| Sep 30, 2022 | 1.74 |
| Jun 30, 2022 | 1.50 |
| Mar 31, 2022 | 1.28 |
| Dec 31, 2021 | 2.16 |
| Sep 30, 2021 | 1.39 |