Growth Metrics

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

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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
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