NVT
nVent Electric plc
NVT has lower modeled downside risk, despite its lower overall score.
VRT
Vertiv Holdings Co
VRT has the edge over NVT overall, supported by stronger valuation and stronger fundamentals.
NVT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Strong |
NVT's revenue, profitability, cash flow and balance sheet are all currently healthy.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
NVT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 18x | $116 | — |
| Cheap | 19x | $77.33 | -33% |
| Fair | 21x | $88.58 | -23% |
| Current | 28x | $116 | — |
| Expensive | 29x | $122 | +5.4% |
Historical ranges are pointers, not guarantees.
NVT's PE is in its expensive range at 28x. If earnings grow as analysts expect, today's price would be 18x next year's earnings, in its cheap range.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over NVT in the historical PE scenario, which offers more potential upside but is not a forecast.
NVT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVT, but weaker profitability.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over NVT on the outlook, with more favorable profitability expectations.
NVT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.49 | +56% |
| Q3 2026 | $4.16 | +14% |
| Q2 2026 | $3.67 | +4.3% |
| Q1 2026 | $3.02 | -14% |
| Q4 2025 | $4.31 | +119% |
| Q3 2025 | $3.64 | +6.7% |
| Q2 2025 | $3.52 | +2.9% |
| Q1 2025 | $3.51 | +2.3% |
| Q4 2024 | $1.97 | -42% |
NVT earned $4.16 per share over the past year, up 14% from the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over NVT on earnings, with more consistent year-over-year improvement.
NVT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +44% |
| Q2 2026 | $1.5B | +53% |
| Q1 2026 | $1.2B | +53% |
| Q4 2025 | $1.1B | +42% |
| Q3 2025 | $1.1B | +35% |
| Q2 2025 | $963.1M | +9.4% |
| Q1 2025 | $809.3M | -7.5% |
| Q4 2024 | $752.2M | -13% |
NVT's revenue has grown year over year for six quarters in a row: $1.5B last quarter, up 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 19% | +2.8 points |
| Q2 2026 | 20% | +4.2 points |
| Q1 2026 | 16% | -0.3 points |
| Q4 2025 | 15% | -0.2 points |
| Q3 2025 | 16% | -1.3 points |
| Q2 2025 | 16% | -2.8 points |
| Q1 2025 | 16% | -2.1 points |
| Q4 2024 | 16% | -3.1 points |
NVT's operating margin was 19% last quarter, up 2.8 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT's revenue has grown year over year every quarter since late 2020: $4.3B last quarter, up 61% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over NVT on profitability, with a higher operating margin.
NVT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $265.8M | +32% |
| Q2 2026 | $162M | +$195.8M |
| Q1 2026 | $49.1M | +26% |
| Q4 2025 | $165.7M | -16% |
| Q3 2025 | $200.9M | +8.7% |
| Q2 2025 | -$33.8M | -130% |
| Q1 2025 | $39.1M | -47% |
| Q4 2024 | $198.1M | -7.6% |
NVT generated $643M in free cash flow over the past year, up 59% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over NVT on cash flow, with more consistent year-over-year improvement.
NVT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -100K shares |
| 1 year | +0.2% | +400K shares |
| 3 years | -2.7% | -4.6M shares |
| 5 years | -3.6% | -6.1M shares |
| Available history | -5.2% | -9M shares |
NVT has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $49.8M |
| Q2 2026 | — |
| Q1 2026 | $50.4M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $200M |
| Q1 2025 | $53.1M |
| Q4 2024 | — |
NVT spent $100M buying back its own shares over the past year, down 60% from the year before.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
NVT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.9x | Very low |
| Q2 2026 | 1.2x | Healthy |
| Q1 2026 | 1.5x | Healthy |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 1.9x | Healthy |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 2.8x | Moderate |
NVT's net debt is less than a year of its operating earnings (EBITDA), down from 1.9 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over NVT on leverage, with a lower net debt burden relative to earnings.
NVT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.5 | Neutral |
| Stochastic | 14.8 | Oversold |
NVT's weekly RSI is 38 (neutral) and its Stochastic is 15 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
NVT PE vs Industrials Sector
| Metric | NVT | Sector median | Relative |
|---|---|---|---|
| PE | 28x | 24x | 16% above |
| PE % | 79 | 58 | 21 pts above |
NVT has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
NVT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $139.6 | 17% below |
| 20 week MA | $150.1 | 23% below |
| 50 week MA | $138.0 | 16% below |
| 100 week MA | $107.4 | 7.6% above |
| 200 week MA | $83.8 | 38% above |
NVT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 38% above its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
NVT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $25.7 | $23.1 | -10% |
| 2021 | $23.1 | $37.4 | +62% |
| 2022 | $37.4 | $38.2 | +2.1% |
| 2023 | $38.2 | $59.1 | +55% |
| 2024 | $59.1 | $69.0 | +17% |
| 2025 | $69.0 | $104.2 | +51% |
| 2026 YTD | $104.2 | $115.5 | +11% |
NVT has finished higher in five of the last six years, three of them by more than 50%. It's up 11% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over NVT on returns for 2026, with the stronger performance.