nVent Electric (NVT) Return on Capital Employed (2018 - 2026)

nVent Electric (NVT) recorded quarterly Return on Capital Employed of 11.66% in Q1 2026, up 9.77% quarter-over-quarter from 10.62% in Q4 2025, and up 276.0% on a YoY basis from 3.1% in Q1 2025.

nVent Electric (NVT) Return on Capital Employed (2018 - 2026) Analysis & Trends

nVent Electric's Return on Capital Employed history runs 9 years deep, the most recent figure standing at 11.66% for Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 276.0% year-over-year to 11.66%; the TTM figure through Mar 2026 stood at 11.66% (up 276.0% YoY), while the FY2025 annual figure was 10.65%, up 132.0% from the prior year.
  • Return on Capital Employed was 11.66% for Q1 2026 at nVent Electric, up from 10.62% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 11.66% in Q1 2026 to a low of 7.29% in Q4 2022.
  • Historically, Return on Capital Employed has averaged 9.14% across 5 years, with a median of 9.19% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 741 bps in 2022, then slumped 226 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 7.29% in 2022, then jumped by 33 bps to 9.69% in 2023, then retreated by 10 bps to 8.75% in 2024, then grew by 21 bps to 10.62% in 2025, then rose by 10 bps to 11.66% in 2026.
  • The last three Return on Capital Employed figures came in at 11.66% (Q1 2026), 10.62% (Q4 2025), and 9.86% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 26.52%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 4.38%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 11.66%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 18.97%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 13.11%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 32.43%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -16.28%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 15.83%
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 13.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.66%
Dec 31, 2025 10.62%
Sep 30, 2025 9.86%
Jun 30, 2025 9.19%
Mar 31, 2025 8.90%
Dec 31, 2024 8.75%
Sep 30, 2024 9.13%
Jun 30, 2024 9.42%
Mar 31, 2024 9.54%
Dec 31, 2023 9.69%
Sep 30, 2023 7.42%
Jun 30, 2023 8.02%
Mar 31, 2023 7.96%
Dec 31, 2022 7.29%
Sep 30, 2022 9.68%
Jun 30, 2022 9.25%
Mar 31, 2022 8.90%
Dec 31, 2021 8.80%
Sep 30, 2021 8.27%
Jun 30, 2021 2.53%