NVent Electric Gross Margin 2017-2024 | NVT

NVent Electric gross margin for the quarter ending December 31, 2024 was 38.77%.

  • NVent Electric average gross margin for 2023 was 39.37%, a 7.57% decline from 2022.
  • NVent Electric average gross margin for 2022 was 36.6%, a 4.74% increase from 2021.
  • NVent Electric average gross margin for 2021 was 38.42%, a 1.96% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

NVent Electric Gross Margin 2017-2024 | NVT

  • NVent Electric average gross margin for 2023 was 39.37%, a 7.57% decline from 2022.
  • NVent Electric average gross margin for 2022 was 36.6%, a 4.74% increase from 2021.
  • NVent Electric average gross margin for 2021 was 38.42%, a 1.96% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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