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| Date | Value |
|---|---|
| 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 |