nVent Electric PLC (NVT)
72.52
+1.35
(+1.90%)
USD |
NYSE |
Apr 23, 16:00
72.53
+0.01
(+0.01%)
After-Hours: 20:00
nVent Electric Gross Profit Margin (Quarterly): 41.08% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 41.08% |
| September 30, 2023 | 41.13% |
| June 30, 2023 | 41.33% |
| March 31, 2023 | 40.94% |
| December 31, 2022 | 39.32% |
| September 30, 2022 | 38.92% |
| June 30, 2022 | 36.81% |
| March 31, 2022 | 35.60% |
| December 31, 2021 | 36.95% |
| September 30, 2021 | 38.97% |
| June 30, 2021 | 39.12% |
| March 31, 2021 | 38.08% |
| December 31, 2020 | 37.80% |
| September 30, 2020 | 38.64% |
| Date | Value |
|---|---|
| June 30, 2020 | 35.85% |
| March 31, 2020 | 37.49% |
| December 31, 2019 | 38.75% |
| September 30, 2019 | 40.03% |
| June 30, 2019 | 39.33% |
| March 31, 2019 | 39.01% |
| December 31, 2018 | 38.50% |
| September 30, 2018 | 40.63% |
| June 30, 2018 | 40.43% |
| March 31, 2018 | 38.76% |
| December 31, 2017 | 39.38% |
| September 30, 2017 | 40.71% |
| June 30, 2017 | 40.86% |
| March 31, 2017 | 39.57% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
35.60%
Minimum
Mar 2022
41.33%
Maximum
Jun 2023
38.74%
Average
38.92%
Median
Sep 2022
Gross Profit Margin (Quarterly) Benchmarks
| Pentair PLC | 37.18% |
| RELX PLC | -- |
| KNOT Offshore Partners LP | 26.94% |
| Rentokil Initial PLC | -- |
| CNH Industrial NV | 30.73% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 19.58% |
| Return on Assets | 10.19% |
| Return on Invested Capital | 12.74% |
| Profit Margin (Quarterly) | 29.60% |
| Operating Margin (Quarterly) | 18.63% |
| Return on Net Operating Assets | 10.51% |