nVent Electric (NVT) Interest Expenses (2017 - 2026)
nVent Electric (NVT) posted Interest Expenses of $1.3 million for Q2 2026, little changed on a QoQ basis from $1.3 million in Q1 2026, and up 18.18% year-over-year from $1.1 million in Q2 2025.
Analysis
nVent Electric (NVT) Interest Expenses (2017 - 2026) Analysis & Trends
nVent Electric has reported Interest Expenses for 10 years, with the latest figure at $1.3 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 18.18% year-over-year to $1.3 million in Q2 2026; TTM through Jun 2026 was $4.9 million, a 13.95% increase from a year earlier, with the FY2023 full-year figure at $79.4 million, up 154.49% from the prior year.
- Interest Expenses was $1.3 million for Q2 2026 at nVent Electric, roughly flat from $1.3 million in the prior quarter.
- The five-year high for Interest Expenses was $75.8 million in Q4 2023, with the low at $500000.0 in Q3 2022.
- Average Interest Expenses over 5 years is $7.5 million, with a median of $1.2 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses surged 162.28% in 2023, then slipped 18.18% in 2024.
- Over 5 years, Interest Expenses stood at $28.9 million in 2022, then soared by 162.28% to $75.8 million in 2023, then tumbled by 98.42% to $1.2 million in 2024, then changed by 0.0% to $1.2 million in 2025, then increased by 8.33% to $1.3 million in 2026.
- The last three Interest Expenses figures came in at $1.3 million (Q2 2026), $1.3 million (Q1 2026), and $1.2 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 200.46 Bn | 194.35 Bn | 3.55 Bn | 213.70 Mn |
| 2 | Eaton | 161.54 Bn | 160.85 Bn | 2.86 Bn | 201.00 Mn |
| 3 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 17.40 Mn |
| 4 | TE Connectivity | 59.59 Bn | 58.35 Bn | 1.84 Bn | 31.00 Mn |
| 5 | nVent Electric | 25.65 Bn | 25.40 Bn | 558.00 Mn | 1.30 Mn |
| 6 | Hubbell | 24.08 Bn | 23.69 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 3.30 Mn |
| 8 | Aptiv | 9.45 Bn | 8.69 Bn | 775.00 Mn | 62.00 Mn |
| 9 | Valmont Industries | 9.30 Bn | 9.17 Bn | 340.82 Mn | 9.43 Mn |
| 10 | Vicor | 8.40 Bn | 7.95 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30 Mn |
| Mar 31, 2026 | 1.30 Mn |
| Sep 30, 2025 | 1.20 Mn |
| Jun 30, 2025 | 1.10 Mn |
| Mar 31, 2025 | 1.10 Mn |
| Sep 30, 2024 | 1.20 Mn |
| Jun 30, 2024 | 900,000.00 |
| Mar 31, 2024 | 1.20 Mn |
| Dec 31, 2023 | 75.80 Mn |
| Sep 30, 2023 | 1.30 Mn |
| Jun 30, 2023 | 1.10 Mn |
| Mar 31, 2023 | 1.20 Mn |
| Dec 31, 2022 | 28.90 Mn |
| Sep 30, 2022 | 500,000.00 |
| Jun 30, 2022 | 1.20 Mn |
| Mar 31, 2022 | 600,000.00 |
| Dec 31, 2021 | 30.50 Mn |
| Sep 30, 2021 | 600,000.00 |
| Jun 30, 2021 | 600,000.00 |
| Mar 31, 2021 | 600,000.00 |