nVent Electric (NVT) Operating Margin (2017 - 2026)
nVent Electric's Operating Margin was 20.44% in Q2 2026, up 4.17 percentage points from 16.27% a year earlier and up 4.68 percentage points from the prior quarter.
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Analysis
nVent Electric (NVT) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, nVent Electric's Operating Margin was 17.10% through Jun 30, 2026, up 0.86 percentage points year-over-year; for FY2025, it came in at 15.84%, down 1.69 percentage points from FY2024.
- Operating Margin shows a five-year change of +13.92 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 17.53% in FY2024 (+0.20 pp), 17.34% in FY2023 (+3.87 pp), 13.46% in FY2022 (-0.97 pp) and 14.44% in FY2021 (+12.51 pp).
- The Q2 2026 figure marks the highest quarterly Operating Margin in data going back to Q1 2017.
- Compared with a year earlier, Operating Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -0.62 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q3 2021 (a gain of 43.00 percentage points); the worst was Q4 2022 (a drop of 18.24 percentage points).
- Per Business Quant data, NVT's Operating Margin in the three quarters before Q2 2026 was 15.76% (Q1 2026), 15.36% (Q4 2025) and 15.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 26.67% |
| 10 | nVent Electric | 26.00 Bn | 25.19 Bn | 558.00 Mn | 20.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.44% |
| Mar 31, 2026 | 15.76% |
| Dec 31, 2025 | 15.36% |
| Sep 30, 2025 | 15.78% |
| Jun 30, 2025 | 16.27% |
| Mar 31, 2025 | 16.06% |
| Dec 31, 2024 | 15.57% |
| Sep 30, 2024 | 17.03% |
| Jun 30, 2024 | 19.59% |
| Mar 31, 2024 | 18.02% |
| Dec 31, 2023 | 17.02% |
| Sep 30, 2023 | 17.65% |
| Jun 30, 2023 | 18.27% |
| Mar 31, 2023 | 16.76% |
| Dec 31, 2022 | -4.93% |
| Sep 30, 2022 | 16.17% |
| Jun 30, 2022 | 14.39% |
| Mar 31, 2022 | 12.97% |
| Dec 31, 2021 | 13.30% |
| Sep 30, 2021 | 15.20% |
API Access
nVent Electric Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();