NVent Income Tax Expense from 2010 to 2024

NVT Stock  USD 78.31  1.77  2.31%   
NVent Electric Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, NVent Electric Income Tax Expense quarterly data regression had mean square error of 1682.5 T and mean deviation of  35,799,467. View All Fundamentals
 
Income Tax Expense  
First Reported
2016-12-31
Previous Quarter
31.9 M
Current Value
22.7 M
Quarterly Volatility
34.6 M
 
Covid
Check NVent Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVent Electric's main balance sheet or income statement drivers, such as Tax Provision of 57.3 M, Interest Income of 24.5 M or Depreciation And Amortization of 108.2 M, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0223 or PTB Ratio of 3.27. NVent financial statements analysis is a perfect complement when working with NVent Electric Valuation or Volatility modules.
  
Check out the analysis of NVent Electric Correlation against competitors.

Latest NVent Electric's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of nVent Electric PLC over the last few years. It is NVent Electric's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NVent Electric's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

NVent Income Tax Expense Regression Statistics

Arithmetic Mean29,425,333
Coefficient Of Variation161.21
Mean Deviation35,799,467
Median55,800,000
Standard Deviation47,435,591
Sample Variance2250.1T
Range140.4M
R-Value(0.55)
Mean Square Error1682.5T
R-Squared0.31
Significance0.03
Slope(5,864,429)
Total Sum of Squares31501.9T

NVent Income Tax Expense History

2024-64.2 M
2023-67.6 M
202272.8 M
202147.8 M
202037.7 M
201934.7 M
201837.9 M

About NVent Electric Financial Statements

NVent Electric shareholders use historical fundamental indicators, such as Income Tax Expense, to determine how well the company is positioned to perform in the future. Although NVent Electric investors may analyze each financial statement separately, they are all interrelated. The changes in NVent Electric's assets and liabilities, for example, are also reflected in the revenues and expenses on on NVent Electric's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense-67.6 M-64.2 M

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Additional Tools for NVent Stock Analysis

When running NVent Electric's price analysis, check to measure NVent Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.