Nvent Electric Plc · NYSE:NVT
Nvent Electric — Q1 2026 Earnings Presentation
17 slides from Nvent Electric's earnings presentation, May 1, 2026
Slide 1: nVent First Quarter 2026 Earnings Presentation
nVent First Quarter 2026 Earnings Presentation May 1, 2026 1
Slide 2: Forward-Looking Statement and Key Definitions
Forward-Looking Statement and Key Definitions Caution Concerning Forward-Looking Statements This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of h
Slide 3: Key Messages
Key Messages Delivered record quarterly sales of $1.2B, up 53%, and adjusted EPS of $1.09, up 63%; well ahead of guidance Organic orders growth of ~40%; record backlog of $2.6B Broad based data center growth, led by liquid cooling Strong balance sheet and disciplined capital allocation Raising full-
Slide 4: Q1 Summary
Q1 Summary Record quarterly sales of $1.2 billion, up 53% and 34% organically Adjusted operating income of $249 million, up 53%; ROS of 20.0% Q1 2026 Adjusted EPS of $1.09, up 63% Free cash flow generation of $54 million, up 21% Organic growth in all verticals, led by Infrastructure, inclu
Slide 5: nVent Portfolio Transformation
nVent Portfolio Transformation Strong, consistent track record of M&A and value creation 2019 2020 2021 2023 2024 2025 Electrical Products Group Renewables Data Centers Commercial & Power Utilities, Industrial Power Utilities, Infrastructure Data Centers, Thermal Data Centers, Renewables Management
Slide 6: Q1 2026 nVent Performance
Q1 2026 nVent Performance Sales ($M) Adjusted Operating Income ($M) Adjusted EPS $1,242 $249 $1.09 $809 +34% $162 $0.67 Organic Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Financial Highlights (YoY) Sales up 53%, organically up 34% Free cash flow of $54M, up 21% - Acquisitions 17 points; FX
Slide 7: Q1 2026 Segment Performance
Q1 2026 Segment Performance Sales Segment Income Commentary ($M) Systems Protection + Organic sales growth across all verticals; led by Infrastructure $895 $203 + Strong growth in data center sales, orders and backlog Up 76% Up 95% Up 50% organic ROS 22.7% (+220 bps) + Strong organic sales growth in
Slide 8: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow Cash Flow ($M) Debt Summary ($M) $1,565 Maturity Q1 $500 @ 2028 2026 $1,300 83% Fixed $300 @ 2031 Net Income $ 140 $500 @ 2033 Amortization 41 Subtotal $ 181 $265 17% Variable 2030 Depreciation 17 Q1 ’26 Weighted Average Rate ~5% Capital Expenditures (36) Note: Does not i
Slide 9: Capital Allocation Update
Capital Allocation Update Reinvest in Return Cash M&A Manage Leverage the business to Shareholders Full-year capex of ~$130 Acquisitions a top priority Returned $84 million in Net debt to adjusted million, up ~40% cash to shareholders in EBITDA ratio at 1.5X Target ROIC > WACC in Q1 Inve
Slide 10: 2026 nVent Outlook
2026 nVent Outlook nVent Expected Drivers Previous Guidance Updated Guidance Secular tailwinds in electrification, sustainability and digitalization Up 15% to 18% reported Up 26% to 28% reported Price and productivity offsetting inflation, including tariffs Sales Up 10% to 13% organic Up 21% to
Slide 11: Q2 2026 nVent Outlook
Q2 2026 nVent Outlook Q2 ’26 Q2 ’25 Other Items Reported sales Up 28% to 30% $963M Corporate Cost ~$32M Organic sales Up 23% to 25% 9% Tax Rate ~22% EPS (reported) $0.93 to $0.96 $0.65 Net interest expense ~$17M EPS (adjusted) $1.12 to $1.15 $0.86 Shares ~164M Expected Drivers Acquisitions to add
Slide 12: Our 2025 Sustainability Report
Our 2025 Sustainability Report Report Highlights Achieved 76 employee Launched 100% of new Learn more in the report satisfaction + recommend score products in 2025 without from our 2025 Employee single-use plastic packaging Engagement Survey, three points higher than global benchmark Reduced normali
Slide 13: Summary
Summary Record sales, orders, backlog and adjusted EPS in Q1 Portfolio transformation and data centers accelerating growth Expect strong sales and EPS growth in 2026 Well-positioned with electrification, sustainability and digitalization trends Q1 ’26 Earnings Presentation 13
Slide 14: Appendix and GAAP to Non-GAAP Measurements & Reconciliations
Appendix and GAAP to Non-GAAP Measurements & Reconciliations 14 14
Slide 15: Reported to Adjusted 2026 Reconciliation
Reported to Adjusted 2026 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ending December 31, 2026 excluding the effect of adjustments (Unaudited) Actual Forecast (1) In millions, except per-share data First Quarter Secon
Slide 16: Reported to Adjusted 2025 Reconciliation
Reported to Adjusted 2025 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ended December 31, 2025 excluding the effect of adjustments (Unaudited) Second In millions, except per-share data First Quarter Quarter Third Quart
Slide 17: Organic Sales Growth and Free Cash Flow Reconciliation
Organic Sales Growth and Free Cash Flow Reconciliation nVent Electric plc Reconciliation of Net Sales Growth (GAAP measure) to Organic Net Sales Growth (non-GAAP measure) by Segment for the quarter ended March 31, 2026 (Unaudited) Q1 Net Sales Growth Organic Currency Acq./Div. Total nVent 34.4% 2.1%