nVent Electric (NVT) Interest Expenses (2017 - 2026)
nVent Electric (NVT) recorded quarterly Interest Expenses of $1.3 million in Q1 2026, up 8.33% quarter-over-quarter from $1.2 million in Q3 2025, and up 18.18% on a YoY basis from $1.1 million in Q1 2025.
nVent Electric (NVT) Interest Expenses (2017 - 2026) Analysis & Trends
nVent Electric's Interest Expenses history runs 10 years deep, the most recent figure standing at $1.3 million for Q1 2026.
- In Q1 2026, Interest Expenses rose 18.18% year-over-year to $1.3 million; the TTM figure through Mar 2026 stood at $3.6 million (up 12.5% YoY), while the FY2023 annual figure was $79.4 million, up 154.49% from the prior year.
- Interest Expenses was $1.3 million for Q1 2026 at nVent Electric, up from $1.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $75.8 million in Q4 2023 to a low of $500000.0 in Q3 2022.
- Historically, Interest Expenses has averaged $7.9 million across 5 years, with a median of $1.2 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses jumped 162.28% in 2023, then decreased 18.18% in 2024.
- A 5-year view of Interest Expenses shows it stood at $28.9 million in 2022, then surged by 162.28% to $75.8 million in 2023, then plunged by 98.42% to $1.2 million in 2024, then changed by 0.0% to $1.2 million in 2025, then grew by 8.33% to $1.3 million in 2026.
- The last three Interest Expenses figures came in at $1.3 million (Q1 2026), $1.2 million (Q3 2025), and $1.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -4.40 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 8.60 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.30 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 4.10 Mn |
| 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 | 451,000.00 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 12.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.30 Mn |
| Mar 31, 2026 | 1.30 Mn |
| Sep 30, 2025 | 1.20 Mn |
| Sep 30, 2025 | 1.20 Mn |
| Jun 30, 2025 | 1.10 Mn |
| Jun 30, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Sep 30, 2024 | 1.20 Mn |
| Sep 30, 2024 | 1.20 Mn |
| Jun 30, 2024 | 900,000.00 |
| Jun 30, 2024 | 900,000.00 |
| Mar 31, 2024 | 1.20 Mn |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 75.80 Mn |
| Dec 31, 2023 | 75.80 Mn |
| Sep 30, 2023 | 1.30 Mn |
| Sep 30, 2023 | 1.30 Mn |
| Jun 30, 2023 | 1.10 Mn |
| Jun 30, 2023 | 1.10 Mn |