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

nVent Electric's (NVT) quarterly Interest Coverage Ratio came in at 1.82 in Q1 2026, up 25.4% year-on-year from 1.45 in Q1 2025, and down 98.56% quarter-over-quarter from 126.0 in Q4 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 1.82 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 25.4% year-over-year to 1.82 in Q1 2026; TTM through Mar 2026 was 6.33, a 8.25% increase from a year earlier, with the FY2025 full-year figure at 5.56, up 106.63% from the prior year.
  • Interest Coverage Ratio fell to 1.82 in Q1 2026 per NVT's latest filing, from 126.0 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 126.0 in Q4 2025 and bottomed at 0.13 in Q4 2022.
  • The 5-year median for Interest Coverage Ratio is 1.5 (2022), against an average of 13.95.
  • Across the five-year window, Interest Coverage Ratio plunged 104.6% in 2022 and surged 67386.32% in 2023, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.13 in 2022, then jumped by 67386.32% to 90.38 in 2023, then tumbled by 99.01% to 0.89 in 2024, then soared by 14049.44% to 126.0 in 2025, then slumped by 98.56% to 1.82 in 2026.
  • Per Business Quant, the three latest NVT Interest Coverage Ratio figures stand at 1.82 (Q1 2026), 126.0 (Q4 2025), and 1.5 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 9.62
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 10.28
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.11
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 2.70
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 1.82
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.71
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 24.78
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 8.68
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -16.03
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 4.59

Historic Data

Download Data
DateValue
Mar 31, 2026 1.82
Dec 31, 2025 126.00
Sep 30, 2025 1.50
Jun 30, 2025 1.41
Mar 31, 2025 1.45
Dec 31, 2024 0.89
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 -0.13
Sep 30, 2022 1.74
Jun 30, 2022 1.50
Mar 31, 2022 1.28
Dec 31, 2021 2.92
Sep 30, 2021 1.39
Jun 30, 2021 1.26