• NVent Electric average return on equity for 2023 was 17.11, a 38.1% increase from 2022.
• NVent Electric average return on equity for 2022 was 12.39, a 118.9% increase from 2021.
• NVent Electric average return on equity for 2021 was 5.66, a 142.92% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.