nVent Electric (NVT) Tax Provisions (2017 - 2026)
nVent Electric (NVT) recorded Tax Provisions of $66.2 million in Q2 2026, up 111.5% from $31.3 million a year earlier and up 81.4% from the prior quarter.
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Analysis
nVent Electric (NVT) Tax Provisions (2017 - 2026) Analysis & Trends
On a TTM basis, nVent Electric's Tax Provisions came in at $168.4 million as of Jun 30, 2026, down 13.2% year-over-year; for FY2025, it came in at $121.5 million, down 35.5% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of 26.4% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $188.4 million in FY2024, -$84.4 million in FY2023, $43.2 million in FY2022 (-9.6%) and $47.8 million in FY2021 (+26.8%).
- The Q2 2026 figure is the highest quarterly Tax Provisions since Q4 2024.
- On a year-over-year basis, Tax Provisions rose in six of the last seven quarters, with growth averaging 22.6%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 130.2% in Q1 2022, against a decline of 65.0% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $36.5 million (Q1 2026), $40.5 million (Q4 2025) and $25.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 334.19 Bn | 305.89 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 194.62 Bn | 189.21 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 171.44 Bn | 139.54 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 148.02 Bn | 145.20 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 118.83 Bn | 116.96 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Emerson Electric | 89.24 Bn | 81.98 Bn | 2.66 Bn | 198.00 Mn |
| 7 | 3M | 89.00 Bn | 70.40 Bn | 2.68 Bn | 183.00 Mn |
| 8 | Illinois Tool Works | 78.48 Bn | 75.04 Bn | 1.90 Bn | 265.00 Mn |
| 9 | Vertiv Holdings | 78.24 Bn | 68.86 Bn | 1.23 Bn | 122.20 Mn |
| 10 | nVent Electric | 22.66 Bn | 21.85 Bn | 558.00 Mn | 66.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.20 Mn |
| Mar 31, 2026 | 36.50 Mn |
| Dec 31, 2025 | 40.50 Mn |
| Sep 30, 2025 | 25.20 Mn |
| Jun 30, 2025 | 31.30 Mn |
| Mar 31, 2025 | 24.50 Mn |
| Dec 31, 2024 | 115.60 Mn |
| Sep 30, 2024 | 22.70 Mn |
| Jun 30, 2024 | 26.80 Mn |
| Mar 31, 2024 | 23.30 Mn |
| Dec 31, 2023 | -133.90 Mn |
| Sep 30, 2023 | 17.50 Mn |
| Jun 30, 2023 | 21.20 Mn |
| Mar 31, 2023 | 21.30 Mn |
| Dec 31, 2022 | -5.90 Mn |
| Sep 30, 2022 | 18.50 Mn |
| Jun 30, 2022 | 16.10 Mn |
| Mar 31, 2022 | 14.50 Mn |
| Dec 31, 2021 | 13.50 Mn |
| Sep 30, 2021 | 14.60 Mn |
API Access
nVent Electric Tax Provisions 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=tax-provisions&ticker=NVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=NVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();