LONDON, UNITED KINGDOM – nVent Electric plc (NYSE:NVT) (“nVent”) today announced financial results for the fourth quarter and full-year 2025 and provided guidance for the first quarter and full-year 2026.
“We exited 2025 with great momentum, achieving consecutive one-billion-dollar sales quarters and delivering a 30% increase in full-year sales,” said Beth Wozniak, nVent chair and chief executive officer. “In 2025, we continued our portfolio transformation to a higher-growth electrical company, driving strong sales, EPS and cash flow performance. We are well positioned for continued growth in 2026, led by the infrastructure vertical, particularly data centers and power utilities. Later this month, we look forward to hosting our investor day, where we will share our growth strategy and updated medium-term financial targets. I am grateful to our team whose hard work and dedication delivered these outstanding results.”
Fourth quarter 2025 sales of $1.1 billion were up 42 percent relative to fourth quarter 2024 and increased 24 percent organically, which excludes the impact from acquisitions and currency fluctuations. Fourth quarter 2025 earnings per diluted share (“EPS”) from continuing operations were $0.71, up 810 percent from $(0.10) in the prior year quarter, while on an adjusted basis, the company had EPS from continuing operations of $0.90, up 53 percent from $0.59. Full-year 2025 sales of $3.9 billion were up 30 percent relative to full-year 2024 and increased 13 percent organically. Full-year 2025 EPS were $2.60, up 82 percent from $1.43 in the prior year, while on an adjusted basis, the company had EPS of $3.35, up 35 percent from $2.49 in the prior year. Adjusted operating income, adjusted net income, free cash flow and adjusted EPS are described in the attached schedules.
Fourth quarter 2025 operating income was $164 million, up 40 percent compared to $117 million in the fourth quarter of 2024. On an adjusted basis, operating income was $210 million, up 33 percent, compared to $158 million in the fourth quarter of 2024. Full-year 2025 operating income was $617 million, up 17 percent, compared to $527 million in 2024. On an adjusted basis, adjusted operating income was $786 million, up 21 percent, compared to
$652 million in full-year 2024.
nVent had net cash provided by operating activities from continuing operations of $222 million in the fourth quarter of 2025 and free cash flow of $189 million. Full-year net cash provided by operating activities from continuing operations was $649 million and free cash flow was $561 million.
GUIDANCE FOR FULL-YEAR AND FIRST QUARTER 2026
The company introduces 2026 sales guidance of up 15 to 18 percent, which represents a range of a 10 to 13 percent increase in organic sales versus the prior year. The company expects full-year 2026 EPS on a GAAP basis of $3.27 to $3.42 and $4.00 to $4.15 on an adjusted basis.
In addition, the company estimates reported sales for the first quarter of 2026 to be in the range of up 34 to 36 percent, which represents a 17 to 19 percent increase on an organic basis. The company estimates first quarter 2026 EPS on a GAAP basis of $0.70 to $0.73 and adjusted EPS of $0.90 to $0.93.
DIVIDENDS
nVent previously announced on September 22, 2025 that its Board of Directors approved a regular cash dividend of
$0.20 per share, which was paid during the fourth quarter on November 7, 2025. The company also announced on December 15, 2025 that its Board of Directors approved a regular cash dividend of $0.21 per ordinary share, payable during the first quarter on February 6, 2026.
Tagged with financial results, nVent