COMPANY OVERVIEW nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world.
15.84% operating margin is respectable but not wide. ROIC at 9.03%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 29.5%, still solid. Free cash flow declined 35% despite revenue growth, conversion is weakening.
Free cash flow declined 35% versus the prior year, cash generation momentum has weakened.
Profitability & Returns
Revenue (TTM)
$4.33B
▲ +29.5% YoY
Net Income (TTM)
$492M
▲ +114.0% YoY
Op. Margin
15.78%
▼ -1.7pp YoY
ROIC
10.11%
▲ +2.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$382M
▼ -34.7% YoY
Op. Cash Flow (TTM)
$490M
▼ -27.7% YoY
Net Debt
$1.51B
Cash & Equiv.
$190M
5Y CAGR: +14.3%
5Y CAGR: +4.1%
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