nVent Electric

NVT Q1 2025 Earnings

Reported May 2, 2025 at 6:47 AM ET · SEC Source

Q1 25 EPS

$0.67

BEAT +0.84%

Est. $0.66

Q1 25 Revenue

$809.3M

BEAT +2.41%

Est. $790.3M

vs S&P Since Q1 25

+155.1%

BEATING MARKET

NVT +184.5% vs S&P +29.4%

Market Reaction

Did NVT Beat Earnings? Q1 2025 Results

nVent Electric opened 2025 on solid footing, reporting first-quarter revenue of $809.30 million, a 10.6% year-over-year increase that cleared the $790.29 million consensus estimate by 2.41%, while adjusted EPS of $0.67 edged past the $0.66 analyst ex… Read more nVent Electric opened 2025 on solid footing, reporting first-quarter revenue of $809.30 million, a 10.6% year-over-year increase that cleared the $790.29 million consensus estimate by 2.41%, while adjusted EPS of $0.67 edged past the $0.66 analyst expectation by 0.84%. The headline numbers were shaped in large part by the company's strategic repositioning, specifically the completed divestiture of its Thermal Management segment and the closing of the Avail Electrical Products Group acquisition, which together meaningfully shifted nVent's portfolio toward higher-growth infrastructure verticals including data centers, power utilities, and renewables. Systems Protection led segment performance with $508.20 million in sales, up 16% in total, while Electrical Connections contributed $301.10 million with 4% organic growth and a robust 28.3% return on sales. Looking ahead, management raised full-year 2025 guidance considerably, now projecting reported sales growth of 19-21% and adjusted EPS of $3.03 to $3.13, with double-digit order and backlog growth providing confidence in the outlook.

Key Takeaways

  • Double-digit growth in orders and sales
  • Backlog grew double digits sequentially
  • Strength in data centers and power utilities verticals
  • Avail Electrical Products Group acquisition completed
  • Thermal Management divestiture closed early in the quarter
  • Organic sales growth of 2% driven by Electrical Connections segment (4% organic)
24/7 Wall St

NVT YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

24/7 Wall St

NVT Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“As we continue to transform our portfolio to become a more focused, higher growth electrical company, we're off to a strong start in the first quarter. We reported double-digit growth in orders and sales, and continue to see our backlog grow, up double digits sequentially, giving us visibility through the year.”

— Beth Wozniak, Q1 2025 Earnings Press Release