nVent Electric (NVT) Tax Provisions (2017 - 2026)
nVent Electric (NVT) recorded quarterly Tax Provisions of $36.5 million in Q1 2026, down 9.88% quarter-over-quarter from $40.5 million in Q4 2025, and up 48.98% on a YoY basis from $24.5 million in Q1 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.
- In Q1 2026, Tax Provisions rose 48.98% year-over-year to $36.5 million; the TTM figure through Mar 2026 stood at $133.5 million (down 29.59% YoY), while the FY2025 annual figure was $121.5 million, down 35.51% from the prior year.
- Tax Provisions was $36.5 million for Q1 2026 at nVent Electric, down from $40.5 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $115.6 million in Q4 2024 to a low of -$133.9 million in Q4 2023.
- Historically, Tax Provisions has averaged $18.6 million across 5 years, with a median of $22.7 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions plunged 2169.49% in 2023, then surged 186.33% in 2024.
- A 5-year view of Tax Provisions shows it stood at -$5.9 million in 2022, then slumped by 2169.49% to -$133.9 million in 2023, then jumped by 186.33% to $115.6 million in 2024, then plunged by 64.97% to $40.5 million in 2025, then retreated 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 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 48.20 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 400,000.00 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 36.50 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 53.40 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 2.70 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 15.90 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 27,000.00 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 26.10 Mn |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 21.81 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 |