• NVent Electric average ebitda margin for 2023 was 21.3%, a 15.45% increase from 2022.
• NVent Electric average ebitda margin for 2022 was 18.45%, a 32.83% increase from 2021.
• NVent Electric average ebitda margin for 2021 was 13.89%, a 8.43% increase from 2020.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.