nVent Electric plc reported record financial results for the fourth quarter (Q4) and full year (FY) 2025. In Q4 2025, nVent posted sales of USD 1.07 billion, an increase of 42 percent year-over-year, with organic sales growth of 24 percent. Adjusted operating income reached USD 210 million, up 33 percent, and adjusted earnings per share $(EPS)$ was USD 0.90, a rise of 53 percent. Free cash flow for the quarter was USD 189 million, up 26 percent. For the full year 2025, nVent’s sales were USD 3.89 billion, up 30 percent, with organic growth of 13 percent. Adjusted operating income increased 21 percent to USD 786 million, and adjusted EPS was USD 3.35, up 35 percent. Full-year free cash flow totaled USD 561 million, up 31 percent. The company ended 2025 with a backlog of USD 2.3 billion and reported a strong balance sheet and cash flow. Infrastructure now represents approximately 45 percent of nVent’s revenue, including about USD 1 billion in data center sales, which grew over 50 percent year-over-year and approximately 40 percent organically. New product launches contributed around 10 percentage points to sales growth, with new product vitality at 27 percent for the year. nVent also completed portfolio transformation initiatives, notably acquiring EPG and replacing earnings from its Thermal Management divestiture. Looking ahead, nVent initiated 2026 guidance with projected sales growth of 15 to 18 percent and adjusted EPS growth of 20 to 24 percent, citing ongoing electrification trends, increased AI data center capital expenditures, and expected growth in power utilities, renewables, and energy storage.
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