nVent Electric Posts 29.5% Revenue Growth and 58% Segment Surge

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nVent Electric delivered $3.893 billion in 2025 revenue, up 29.5%, and adjusted EPS of $3.35, up 35%, driven by a 58% surge in its Systems Protection segment. Management forecasts 2026 adjusted EPS of $4.00–$4.15 and Q1 organic growth of 17–19% as AI infrastructure spending accelerates.

1. Strong FY 2025 Financial Results

nVent Electric recorded $3.893 billion in full-year 2025 revenue, a 29.5% increase year-over-year, and reported adjusted EPS of $3.35, up 35% from 2024. The company achieved two consecutive billion-dollar sales quarters for the first time in its history.

2. Systems Protection Segment Performance

The Systems Protection segment generated $737.1 million in Q4 revenue, rising 58% year-over-year with 34% organic growth driven by data center and power utility projects. This segment now represents a core growth engine fueled by AI infrastructure build-outs.

3. 2026 Outlook and Guidance

For 2026, nVent Electric guided adjusted EPS of $4.00 to $4.15 and expects Q1 organic growth of 17–19%. Management cited accelerating AI infrastructure spending as a key driver for continued top-line and margin expansion.

4. Market Position Relative to Vertiv

nVent Electric is positioned as a smaller counterpart to Vertiv, with 2025 revenue of $3.893 billion versus Vertiv’s $10.23 billion and a market-cap gap of roughly $75 billion. nVent trades at a forward P/E of about 26x compared with Vertiv’s 44x, highlighting different scale and valuation profiles.

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