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

nVent Electric has reported Tax Rate for 10 years, with the latest figure at 20.63% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 134.0% year-over-year to 20.63%; the trailing twelve-month figure through Mar 2026 stood at 21.69% (down 2218.0% YoY), and the FY2025 full-year result was 22.09%, down 2180.0% from the prior year.
• Tax Rate for Q1 2026 stood at 20.63%, down from 25.91% in the prior quarter.
• The five-year high for Tax Rate was 116.65% in Q4 2024, with the low at 170.57% in Q4 2023.
• Average Tax Rate over 5 years is 12.41%, with a median of 18.51% recorded in 2023.
• Year-over-year, Tax Rate slumped 15777 bps in 2023 and soared 28722 bps in 2024.
• Tracing NVT's Tax Rate over 5 years: stood at 12.8% in 2022, then plunged by 1233 bps to 170.57% in 2023, then soared by 168 bps to 116.65% in 2024, then tumbled by 78 bps to 25.91% in 2025, then retreated by 20 bps to 20.63% in 2026.
• The last three Tax Rate figures came in at 20.63% (Q1 2026), 25.91% (Q4 2025), and 17.48% (Q3 2025), per Business Quant data.

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