Company / Interest Expense
nVent Electric plc Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$79.4M
FY2023
5-year range
$31.2M / $79.4M
FY2019-FY2023
Trend
+154.5%
vs FY2022
Sector context
#37 of 111
Industrials
What the data says
At $79M, nVent Electric plc's interest expense ranks #75 of 111 in the Industrials sector. Interest Expense has fluctuated over the past 8 years, ranging from $200,000 in FY2019 to $79M in FY2023.
Based on SEC 10-K filings.
$79M in FY2023 with a 5-year CAGR of +124.3%.
Increased from $45M to $79M over the past 2 years.
Industrials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +36.5%
- 5-Year CAGR
- +124.3%
- 10-Year CAGR
- -
Sector benchmark
#75 of 111 in IndustrialsTop 67% of 111This company $79.4M Sector average $108.8M
▼
-27.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +124.3%, indicating consistent growth.
- In FY2023, interest expense increased 154.5% year-over-year.
- Ranks #37 out of 111 companies in the Industrials sector.
- Lowest interest expense in the period was in FY2019.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $79.4M | +154.5% |
| FY2022 | $31.2M | -30.2% |
| FY2021 | $44.7M | +43.3% |
| FY2020 | $31.2M | +15500.0% |
| FY2019 | $200.0K | -85.7% |
| FY2018 | $1.4M | +600.0% |
| FY2017 | $200.0K | -85.7% |
| FY2016 | $1.4M | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026