NVT (nVent Electric) Tax Rate %: 23.48% (As of Jun. 2026)

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NVT nVent Electric PLC NVT
93 GF Score
Price $162.04
GF Value $130.44
Valuation Modestly Overvalued
! 4 Warning Signs
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What is nVent Electric Tax Rate %?

nVent Electric NVT -0.12% 93 Tax Rate % is 23.48% as of Jun. 2026. GuruFocus rates NVT with a GF Score™ of 93/100 and a GF Value™ of $130.44 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. nVent Electric's Tax Expense for the three months ended in Jun. 2026 was $66 Mil. nVent Electric's Pre-Tax Income for the three months ended in Jun. 2026 was $282 Mil. Therefore, nVent Electric's Tax Rate % for the quarter that ended in Jun. 2026 was 23.48%.

nVent Electric Tax Rate % Related Terms

nVent Electric Tax Rate % Historical Data

* Premium members only.

The historical data trend for nVent Electric's Tax Rate % 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.

nVent Electric Tax Rate % Chart

nVent Electric Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.90 12.85 -22.49 43.90 22.09

nVent Electric Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 22.68 17.48 25.91 20.63 23.48
NVT
93GF Score
nVent Electric PLC NVT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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nVent Electric Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

nVent Electric's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=121.5/550
=22.09 %

nVent Electric's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=66.2/282
=23.48 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 23.48% mean?
nVent Electric (NVT) has a Tax Rate % of 23.48% as of Jun. 2026.
Is nVent Electric's Tax Rate % too high?
nVent Electric's current Tax Rate % is 23.48%. Overall, nVent Electric has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does nVent Electric's Tax Rate % compare to HUBB and AEIS?
nVent Electric's Tax Rate % of 23.48% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. nVent Electric's current Tax Rate % is 23.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is nVent Electric stock overvalued right now?
Based on GuruFocus' analysis, nVent Electric (NVT) is currently considered Modestly Overvalued. The stock's GF Value™ is $130.44, compared to a current price of $162.04 — trading 24.2% above its estimated fair value. The current Tax Rate % is 23.48%. nVent Electric's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For nVent Electric (NVT), the current Tax Rate % is 23.48% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is nVent Electric (NVT) Overvalued in 2026?

Based on GuruFocus' analysis, nVent Electric stock appears to be overvalued. The current stock price of $162.04 is trading 24.2% above its estimated GF Value™ of $130.44. GuruFocus considers nVent Electric to be Modestly Overvalued.

Key valuation signals for NVT:

  • Tax Rate %: 23.48%
  • GF Value™: $130.44 vs. price of $162.04 (24.2% above fair value)
  • GF Score™: 93/100 with 4 warning signs

No single metric tells the full story. See the NVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

nVent Electric Business Description

Other Exchanges 1NVT:Italy
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 touch a broad range of end markets, including infrastructure, industrial, commercial, and residential. NVent designs, manufactures, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. North America accounts for the majority of sales.
93GF Score

Get the complete analysis for NVT

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$162.04
Price
$130.44
GF Value