nVent Electric (NVT) Interest Coverage Ratio (2017 - 2026)
nVent Electric (NVT) posted Interest Coverage Ratio of 231.31 for Q2 2026, up 53.65% on a QoQ basis from 150.54 in Q1 2026, and up 62.37% year-over-year from 142.45 in Q2 2025.
Analysis
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 231.31 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 62.37% year-over-year to 231.31 in Q2 2026; TTM through Jun 2026 was 168.67, a 35.06% increase from a year earlier, with the FY2023 full-year figure at 5.83, down 41.16% from the prior year.
- Interest Coverage Ratio was 231.31 for Q2 2026 at nVent Electric, up from 150.54 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 241.0 in Q3 2022, with the low at 0.22 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 123.54, with a median of 125.77 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 107.47% in 2022, then jumped 811.09% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 0.22 in 2022, then surged by 811.09% to 1.55 in 2023, then jumped by 7060.68% to 111.0 in 2024, then increased by 24.85% to 138.58 in 2025, then soared by 66.91% to 231.31 in 2026.
- The last three Interest Coverage Ratio figures came in at 231.31 (Q2 2026), 150.54 (Q1 2026), and 138.58 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 200.46 Bn | 194.35 Bn | 3.55 Bn | 12.09 |
| 2 | Eaton | 161.54 Bn | 160.85 Bn | 2.86 Bn | 6.93 |
| 3 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 36.66 |
| 4 | TE Connectivity | 59.59 Bn | 58.35 Bn | 1.84 Bn | 31.65 |
| 5 | nVent Electric | 25.65 Bn | 25.40 Bn | 558.00 Mn | 231.31 |
| 6 | Hubbell | 24.08 Bn | 23.69 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 28.82 |
| 8 | Aptiv | 9.45 Bn | 8.69 Bn | 775.00 Mn | 5.92 |
| 9 | Valmont Industries | 9.30 Bn | 9.17 Bn | 340.82 Mn | 17.62 |
| 10 | Vicor | 8.40 Bn | 7.95 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 231.31 |
| 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 |