nVent Electric (NVT) Tax Provisions (2017 - 2026)

nVent Electric's (NVT) quarterly Tax Provisions came in at $36.5 million in Q1 2026, up 48.98% year-on-year from $24.5 million in Q1 2025, and down 9.88% quarter-over-quarter from $40.5 million in Q4 2025.

nVent Electric (NVT) Tax Provisions (2017 - 2026) Analysis & Trends

nVent Electric's Tax Provisions history runs 10 years deep, the most recent figure standing at $36.5 million for Q1 2026.

  • On a quarterly basis, Tax Provisions rose 48.98% year-over-year to $36.5 million in Q1 2026; TTM through Mar 2026 was $133.5 million, a 29.59% decrease from a year earlier, with the FY2025 full-year figure at $121.5 million, down 35.51% from the prior year.
  • Tax Provisions slipped to $36.5 million in Q1 2026 per NVT's latest filing, from $40.5 million in the prior quarter.
  • Across five years, Tax Provisions topped out at $115.6 million in Q4 2024 and bottomed at -$133.9 million in Q4 2023.
  • The 5-year median for Tax Provisions is $22.7 million (2024), against an average of $18.6 million.
  • Across the five-year window, Tax Provisions plunged 2169.49% in 2023 and jumped 186.33% in 2024, its largest moves.
  • Year by year, Tax Provisions stood at -$5.9 million in 2022, then plunged by 2169.49% to -$133.9 million in 2023, then jumped by 186.33% to $115.6 million in 2024, then slumped by 64.97% to $40.5 million in 2025, then retreated by 9.88% to $36.5 million in 2026.
  • Per Business Quant, the three latest NVT Tax Provisions figures stand at $36.5 million (Q1 2026), $40.5 million (Q4 2025), and $25.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 48.20 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 445,000.00
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 53.40 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 36.50 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 2.70 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 44.20 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 15.90 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 21.81 Mn
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 6.76 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 13.40 Mn