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NVT (nVent Electric) EBIT : $684 Mil (TTM As of Sep. 2024)


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What is nVent Electric EBIT?

nVent Electric's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $132 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $684 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. nVent Electric's annualized ROC % for the quarter that ended in Sep. 2024 was 6.97%. nVent Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 53.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. nVent Electric's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.66%.


nVent Electric EBIT Historical Data

The historical data trend for nVent Electric's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

nVent Electric EBIT Chart

nVent Electric Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only 302.10 26.90 353.00 503.80 578.90

nVent Electric Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.90 227.10 158.00 166.90 132.00

Competitive Comparison of nVent Electric's EBIT

For the Electrical Equipment & Parts subindustry, nVent Electric's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


nVent Electric's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, nVent Electric's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where nVent Electric's EV-to-EBIT falls into.



nVent Electric EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $684 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


nVent Electric  (NYSE:NVT) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

nVent Electric's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=532.8 * ( 1 - 22.34% )/( (5498 + 6371.5)/ 2 )
=413.77248/5934.75
=6.97 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

nVent Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=528/( ( (502.7 + max(513.3, 0)) + (442.8 + max(516.3, 0)) )/ 2 )
=528/( ( 1016 + 959.1 )/ 2 )
=528/987.55
=53.47 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(570.7 + 445.8 + 87.7) - (416.1 + 19.2 + 155.6)
=513.3

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(526 + 366.2 + 340.5) - (409.4 + 22.6 + 284.4)
=516.3

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

nVent Electric's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=684/14692.025
=4.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


nVent Electric EBIT Related Terms

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nVent Electric Business Description

Traded in Other Exchanges
N/A
Address
1000 Great West Road, 8th Floor (East), The Mille, London, GBR, TW8 9DW
nVent is a leading global provider of electrical connection and protection solutions that touches a broad range of end markets including infrastructure, industrial, commercial, and residential. NVent designs, manufacturers, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. nVent currently has three reportable segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. Thermal Management is expected to be sold by early 2025. North America accounts for the majority of sales.
Executives
Jerry W Burris director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Van Der Kolk Robert J. officer: See Remarks below 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sara E Zawoyski officer: EVP & Chief Financial Officer 1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Randolph A. Wacker officer: SVP & Chief Accounting Officer 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Jon D. Lammers officer: EVP, Gen. Counsel & Secretary C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Michael B Faulconer officer: President - Thermal Management 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Lynnette R Heath officer: EVP & Chief HR Officer 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Joseph A. Ruzynski officer: President of Enclosures 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Aravind Padmanabhan officer: EVP & Chief Technology Officer 1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Randall J Hogan director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Beth Wozniak officer: Chief Executive Officer 555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Greg Scheu director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Susan M. Cameron director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Danita K Ostling director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416