nVent Electric (NVT) Tax Provisions (2017 - 2026)
nVent Electric (NVT) posted Tax Provisions of $66.2 million for Q2 2026, up 81.37% on a QoQ basis from $36.5 million in Q1 2026, and up 111.5% year-over-year from $31.3 million in Q2 2025.
Analysis
nVent Electric (NVT) Tax Provisions (2017 - 2026) Analysis & Trends
nVent Electric has reported Tax Provisions for 10 years, with the latest figure at $66.2 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 111.5% year-over-year to $66.2 million in Q2 2026; TTM through Jun 2026 was $168.4 million, a 13.24% decrease from a year earlier, with the FY2025 full-year figure at $121.5 million, down 35.51% from the prior year.
- Tax Provisions was $66.2 million for Q2 2026 at nVent Electric, up from $36.5 million in the prior quarter.
- The five-year high for Tax Provisions was $115.6 million in Q4 2024, with the low at -$133.9 million in Q4 2023.
- Average Tax Provisions over 5 years is $21.2 million, with a median of $23.0 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 2169.49% in 2023, then soared 186.33% in 2024.
- Over 5 years, Tax Provisions stood at -$5.9 million in 2022, then sank by 2169.49% to -$133.9 million in 2023, then surged by 186.33% to $115.6 million in 2024, then tumbled by 64.97% to $40.5 million in 2025, then surged by 63.46% to $66.2 million in 2026.
- The last three Tax Provisions figures came in at $66.2 million (Q2 2026), $36.5 million (Q1 2026), and $40.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 197.45 Bn | 191.35 Bn | 3.55 Bn | 604.30 Mn |
| 2 | Eaton | 159.08 Bn | 158.38 Bn | 2.86 Bn | 321.00 Mn |
| 3 | Vertiv Holdings | 95.42 Bn | 92.31 Bn | 1.23 Bn | 122.20 Mn |
| 4 | TE Connectivity | 59.47 Bn | 58.23 Bn | 1.84 Bn | 223.00 Mn |
| 5 | nVent Electric | 25.12 Bn | 24.86 Bn | 558.00 Mn | 66.20 Mn |
| 6 | Hubbell | 23.93 Bn | 23.53 Bn | 613.00 Mn | 61.50 Mn |
| 7 | Advanced Energy Industries | 10.64 Bn | 9.23 Bn | 236.10 Mn | 12.10 Mn |
| 8 | Aptiv | 9.63 Bn | 8.87 Bn | 775.00 Mn | 52.00 Mn |
| 9 | Valmont Industries | 9.23 Bn | 9.10 Bn | 340.82 Mn | 41.99 Mn |
| 10 | Vicor | 8.17 Bn | 7.72 Bn | 83.12 Mn | -10.86 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 |