OverviewSuggest Edit
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 | Map |
| Website | nvent.com | |
| Employee Ratings | More |
Recent NewsAll News
- Sensing Cable Market to Gain Advantage from the Launch of Energy-Efficient Modular Panel System by nVent Electric Plc: Says Fortune Business Insights™
- nVent Adds BMS Connectivity to Next Generation nVent RAYCHEM Elexant 450c Heat Tracing Controller
- nVent Electric plc to Participate in Upcoming Investor Events
- nVent Announces Share Repurchase Authorization
Key People/Management at nVent
Beth Wozniak
Chief Executive Officer
Lynnette Heath
Executive Vice President and Chief Human Resources Officer
Aravind Padmanabhan
Executive Vice President and Chief Technology Officer
Jon Lammers
Executive Vice President, General Counsel and Secretary
Betty Noonan
Executive Vice President and Chief Growth Officer
Sara Zawoyski
Executive Vice President and Chief Financial Officer
nVent Office Locations
nVent has offices in Brentford, London, Minneapolis, Solon and in 14 other locations
Brentford, GB (HQ)
8th Floor, the mille, 1000 Great West Rd
London, GB
5, Salisbury House, 744-450 London Wall
Auburn, AU
323 Parramatta Rd
São Paulo, BR
Rua Cenno Sbrighi, 45 - 02, 4º andar - Barra Funda
Las Condes, CL
Alcántara 200, piso 6 of. 17
Shanghai, CN
21/F, Innovation Center No.1009 Yishan Road
nVent Financials and Metrics
nVent Revenue
nVent's revenue was reported to be $2 b in FY, 2020 which is a 9.3% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q1, 2021) | 548.9m |
Gross profit (Q1, 2021) | 209.0m |
Gross profit margin (Q1, 2021), % | 38.1% |
Net income (Q1, 2021) | 65.4m |
EBIT (Q1, 2021) | 80.4m |
Market capitalization (12-Nov-2021) | 6.2b |
Closing stock price (12-Nov-2021) | 37.1 |
Cash (31-Mar-2021) | 104.9m |
EV | 7.1b |
nVent's current market capitalization is $6.2 b.
Annual
Annual
Annual
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 246.0k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.7 x |
nVent Operating Metrics
nVent's Backlog was reported to be $299.8m in FY, 2019.
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Remaining Performance Obligations (One Year or More) | $77.4 m | $58.2 m | $54.6 m | $60 m | $58.7 m | $63.8 m | $92 m | $79 m | $82.3 m | $98.5 m | $82.7 m | |
Backlog | $280.4 m | $279.7 m | $299.8 m | |||||||||
Backlog (Enclosures) | $132.4 m | $138.6 m | $114.3 m | |||||||||
Backlog (Thermal Management) | $123.4 m | $118.6 m | $156.7 m |
nVent Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| WBT | February 10, 2020 | $29.9 m |
| Eldon Holding | July 29, 2019 | $130 m |
| Alberta Electronic Company Limited | ||
| Eldon AB | ||
| Eldon AS | ||
| Eldon Austria GmbH | ||
| Eldon CS Enclosures Pvt Limited | ||
| Eldon Electric Limited | ||
| Eldon Espana, S.A.U. | ||
| Eldon GmbH |
nVent Revenue Breakdown
nVent revenue breakdown by business segment: 28.5% from Electrical and Fastening Solutions, 23.8% from Thermal Management and 47.7% from Enclosures
nVent revenue breakdown by geographic segment: 64.8% from U.S. and Canada, 9.5% from Developing, 23.6% from Developed Europe and 2.1% from Other
nVent Cybersecurity Score
nVent Environment, Social & Governance (ESG) Ratings
nVent Online and Social Media Presence
490 Twitter followers
nVent has 490 Twitter Followers. The number of followers has increased 1.6% month over month and increased 3% quarter over quarter
nVent's Trends
Twitter Engagement Stats for @nVent
537
Tweets
10
Following
490
Followers
28
Tweets last 30 days
1.4
Avg. likes per Tweet
64.3%
Tweets with engagement
nVent News and Updates
September 02, 2021
Sensing Cable Market to Gain Advantage from the Launch of Energy-Efficient Modular Panel System by nVent Electric Plc: Says Fortune Business Insights™
Leading companies in the sensing cable market are Cable USA, LLC, Corning Incorporated, NKT Photonics A/S, PCB Piezotronics, Inc., nVent, among others Leading companies in the sensing cable market are Cable USA, LLC, Corning Incorporated, NKT Photonics A/S, PCB Piezotronics, Inc., nVent, among other…
May 25, 2021
nVent Adds BMS Connectivity to Next Generation nVent RAYCHEM Elexant 450c Heat Tracing Controller
nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the addition of a Modbus communication protocol to its advanced, energy-efficient commercial heat-tracing controller, the nVent RAYCHEM Elexant 450c. Launched in late 2019, the…
May 20, 2021
nVent Electric plc to Participate in Upcoming Investor Events
nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced its participation in the following investor events
May 14, 2021
nVent Announces Share Repurchase Authorization
nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that its Board of Directors has approved a three-year share repurchase program pursuant to which the Company may repurchase up to $300 million of nVent shares. The program begi…
May 13, 2021
nVent Announces Quarterly Cash Dividend
nVent Electric plc (NYSE: NVT) announced today that it will pay a regular quarterly cash dividend of $0.175 per ordinary share on August 6, 2021, to shareholders of record at the close of business on July 23, 2021
May 13, 2021
nVent Receives Highest Honor at Fifth Annual Dow Safety Excellence Awards
nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced the nVent Thermal Management Houston team earned the Dow Diamond Award—the highest possible honor—at the fifth Annual Dow Safety Excellence Awards ceremony. Additionally, nVent…
nVent Frequently Asked Questions
When was nVent founded?
nVent was founded in 2018.
Who are nVent key executives?
nVent's key executives are Beth Wozniak, Lynnette Heath and Aravind Padmanabhan.
How many employees does nVent have?
nVent has 8,800 employees.
What is nVent revenue?
Latest nVent annual revenue is $2 b.
What is nVent revenue per employee?
Latest nVent revenue per employee is $227.1 k.
Who are nVent competitors?
Competitors of nVent include Emerson, Schneider Electric and Pentair.
Where is nVent headquarters?
nVent headquarters is located at 8th Floor, the mille, 1000 Great West Rd, Brentford.
Where are nVent offices?
nVent has offices in Brentford, London, Minneapolis, Solon and in 14 other locations.
How many offices does nVent have?
nVent has 19 offices.
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