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nVent Electric plc — Q3 2026 Earnings Summary

  • Q3 2026 sales reached $1.5 billion (up 44% YoY) with adjusted EPS of $1.52 (up 67% YoY), driven by double-digit growth across all verticals and a 30-percentage-point contribution from new products.
  • Full-year 2026 guidance was raised significantly: reported sales growth to 48%–49% (from 37%–39%), organic sales growth to 38%–39% (from 32%–34%), and adjusted EPS to $5.36–$5.39 (from $5.00–$5.10).
  • The Maverick Power acquisition closed on October 1, 2026, expanding data center exposure, while the Thermal Management business was sold and reclassified as discontinued operations.
  • Capital return and balance sheet activity included $100.2 million in share repurchases and $102.2 million in dividends paid for the nine months ended September 30, 2026, alongside a new $0.21 per share quarterly dividend.
  • Management highlighted record sales and orders with confidence in an outstanding year, though noted risks regarding pricing pressures, supply chain inflation, and global economic conditions.
Company
NVENT ELECTRIC PLC
Sector
Industrials
Industry
Electrical Equipment & Parts