NYSE$NVT

nVent Electric plc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

nVent's Q4 2024 financial performance was characterized by strong execution, margin expansion, and robust cash flow, with sales up 9% and adjusted EPS up 7%.

nVent reported a 9% increase in fourth-quarter sales, reaching $752 million, and a 7% increase in adjusted EPS to $0.59. The company's full-year sales grew by 13% to $3.0 billion, and it has issued a strong full-year 2025 guidance, indicating continued growth and profitability.

  • Fourth quarter sales increased by 9% to $752 million, but organically decreased by 1%.
  • Fourth quarter EPS was $(0.10), while adjusted EPS increased by 7% to $0.59.
  • Full-year sales grew by 13% to $3.0 billion, with organic growth of 2%.
  • The company issued full-year 2025 guidance, projecting sales growth of 8% to 10% and adjusted EPS of $2.98 to $3.08.

Headline financials

Total Revenue

$752M

Previous: $861M-12.7%
EPS (adj)

$0.59

Previous: $0.78-24.4%
Adjusted ROS

21.0%

Previous: 22.0%-4.5%
Adj. Operating Income

$158M

No prior period
Capital Expenditures

-$26.5M

Previous: -$22.1M-19.9%
Net Income

$10.7M

Previous: $255M-95.8%
Operating Income

$117M

Previous: $160M-26.9%
Gross Profit

$300M

Previous: $354M-15.3%
R&D Expense

$17.2M

Previous: $19M-9.5%

Revenue & EPS history

nVent · Revenue · Quarterly

$752M

Q4 2024-12.7%vs Q4 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

nVent anticipates sales growth of 8% to 10% in 2025, with organic sales growth expected to be between 4% and 6%. The company projects full-year 2025 EPS on a GAAP basis of $2.45 to $2.55 and $2.98 to $3.08 on an adjusted basis.

Tailwinds

  • Reported sales growth of 8% to 10%.
  • Organic sales growth of 4% to 6%.
  • Reported EPS of $2.45 to $2.55.
  • Adjusted EPS of $2.98 to $3.08.
  • First quarter sales are expected to increase by 7% to 9%.

Headwinds

  • Currency translation is expected to have a negative impact of 1%.
  • First quarter organic sales are expected to increase by 0% to 2%.
  • First quarter EPS on a GAAP basis of $0.52 to $0.54.
  • First quarter adjusted EPS of $0.65 to $0.67.
  • Unspecified risks and uncertainties could cause actual results to differ materially from forward-looking statements.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+2.4%

Avg return

Earnings day

+3.9%

Avg return

5 days after

+6.4%

Avg return

30 days after

64%

23 / 36 earnings

Positive

+12.4%

Q3 2018

Best reaction

-13.0%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.3%+20.7%+16.8%
Q4 2025-1.1%-1.0%-6.9%
Q3 2025+7.6%+7.8%+2.8%
Q1 2025+5.7%+6.7%+16.7%
Q4 2024+3.5%+5.6%-13.4%
Q3 2024-7.8%+3.4%+5.0%
Q2 2024-3.0%+1.8%-0.7%
Q1 2024+6.3%+11.2%+13.2%
Q4 2023+1.5%+1.7%+10.8%
Q3 2023+1.9%+5.4%+15.6%
Q2 2023+1.1%+7.3%+1.6%
Q1 2023-2.6%-3.1%+2.1%
Q4 2022+10.5%+10.2%+11.1%
Q3 2022+6.6%+6.0%+17.3%
Q2 2022+2.5%+0.5%-2.8%
Q1 2022-0.7%+2.3%+3.9%
Q4 2021+4.1%-1.9%-0.3%
Q3 2021+9.8%+14.6%+12.3%
Q2 2021+5.2%+5.3%+8.3%
Q1 2021+0.4%+2.2%+7.3%
Q4 2020-4.9%-3.0%+18.2%
Q3 2020+4.2%+2.4%+30.5%
Q2 2020-0.1%-0.6%+6.0%
Q1 2020-2.3%-9.3%-4.0%
Q4 2019+6.3%+5.7%-10.9%
Q3 2019+5.4%+10.6%+12.9%
Q2 2019-13.0%-15.1%-18.3%
Q1 2019-3.3%-1.6%-15.5%
Q4 2018-0.2%+0.4%+11.1%
Q4 2017+12.4%+12.8%+18.4%
Q3 2017+12.4%+12.8%+18.4%
Q3 2018+12.4%+12.8%+18.4%
Q2 2017+0.3%+2.1%+4.3%
Q2 2018+0.3%+2.1%+4.3%
Q1 2018-3.4%+1.0%+8.4%
Q1 2017-3.4%+1.0%+8.4%
Q4 2016

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