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nVent

nVent

Remaining Performance Obligations (One Year or More)

$40.3 M

Q2, 2022

Revenue

$2.5 B

FY, 2021

Market Capitalization

$5.6 B

2022-09-19

nVent Summary

Company summary

Overview
nVent is a company that designs, manufactures, markets, installs, and services electrical connection and protection solutions. It operates through three segments: Enclosures, Thermal Management, and Electrical and Fastening Solutions. The Enclosures segment provides enclosure solutions that connect and protect critical electronics, communication, control, and power equipment under HOFFMAN and SCHROFF brands. The Thermal Management segment provides electric thermal solutions that connect and protect critical buildings, infrastructure, industrial processes, and people, as well as industrial heat-tracing and wiring, control and monitoring, sensing, engineering, and construction services under RAYCHEM and TRACER brands. The Electrical and Fastening Solutions segment offers fastening solutions with spring steel and specialty metal fixings and reinforced steel connections, as well as bonding, grounding, lightning protection, and low voltage power distribution products and solutions under CADDY brand.
Type
Public
Founded
2018
HQ
Brentford, GB | view all locations
Website
https://www.nvent.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Beth Wozniak

    Beth Wozniak, Chief Executive Officer

  • Lynnette Heath

    Lynnette Heath, Executive Vice President and Chief Human Resources Officer

  • Aravind Padmanabhan

    Aravind Padmanabhan, Executive Vice President and Chief Technology Officer

  • Jon Lammers

    Jon Lammers, Executive Vice President, General Counsel and Secretary

Operating MetricsView all

Backlog

$558.5M
81.9%

FY, 2021

Backlog (Enclosures)

$296.2M
153.2%

FY, 2021

Backlog (Electrical and Fastening Solutions)

$70.8M
107.6%

FY, 2021

LocationsView all

27 locations detected

  • Brentford, England HQ

    United Kingdom

    8th Floor, the mille, 1000 Great West Rd

  • Minneapolis, MN

    United States

    1665 Utica Ave S #700

  • Auburn, NSW

    Australia

    323 Parramatta Rd

  • Leuven, Vlaams Gewest

    Belgium

    Romeinse straat 14

  • Boituva, SP

    Brazil

    Rua João Marcon, 165 - Vila Sao Vicente de Paula

  • Toronto, ON

    Canada

    181 Bay St.

and 21 others

nVent Financials

Summary financials

Revenue (Q2, 2022)
$727.5M
Gross profit (Q2, 2022)
$296.4M
Net income (Q2, 2022)
$110.5M
Cash (Q2, 2022)
$55.8M
EBIT (Q2, 2022)
$103.5M
Enterprise value
$6.7B

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