nVent Electric (NVT) Tax Provisions (2017 - 2026)
nVent Electric's 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 has reported Tax Provisions for 10 years, with the latest figure at $36.5 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 48.98% year-over-year to $36.5 million; the trailing twelve-month figure through Mar 2026 stood at $133.5 million (down 29.59% YoY), and the FY2025 full-year result was $121.5 million, down 35.51% from the prior year.
- Tax Provisions for Q1 2026 stood at $36.5 million, down from $40.5 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 $18.6 million, with a median of $22.7 million recorded in 2024.
- Year-over-year, Tax Provisions plunged 2169.49% in 2023 and jumped 186.33% in 2024.
- Tracing NVT's Tax Provisions over 5 years: 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 decreased by 9.88% to $36.5 million in 2026.
- The last three Tax Provisions figures came in at $36.5 million (Q1 2026), $40.5 million (Q4 2025), and $25.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 48.20 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 400,000.00 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 36.50 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 53.40 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 2.70 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 15.90 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 26.10 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 21.81 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 41,000.00 |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 6.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 6.30 Mn |
| Dec 31, 2020 | 9.40 Mn |
| Sep 30, 2020 | -12.10 Mn |
| Jun 30, 2020 | 9.40 Mn |
| Mar 31, 2020 | 31.00 Mn |
| Dec 31, 2019 | -1.90 Mn |
| Sep 30, 2019 | 13.70 Mn |
| Jun 30, 2019 | 13.20 Mn |
| Mar 31, 2019 | 9.70 Mn |
| Dec 31, 2018 | 5.90 Mn |
| Sep 30, 2018 | 12.90 Mn |
| Jun 30, 2018 | 7.60 Mn |
| Mar 31, 2018 | 11.50 Mn |
| Dec 31, 2017 | -94.80 Mn |
| Sep 30, 2017 | 18.30 Mn |
| Jun 30, 2017 | 17.30 Mn |
| Mar 31, 2017 | 10.80 Mn |