nVent Electric plc Annual Return On Equity in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
nVent Electric plc annual/quarterly Return On Equity history and growth rate from 2017 to 2023.
  • nVent Electric plc Return On Equity for the quarter ending March 31, 2021 was -0.02 %, a 100% decline year-over-year.
  • nVent Electric plc annual Return On Equity for 2023 was 19.3 %, a 26.7% increase from 2022.
  • nVent Electric plc annual Return On Equity for 2022 was 15.2 %, a 39.2% increase from 2021.
  • nVent Electric plc annual Return On Equity for 2021 was 10.9 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 19.3 +4.07 +26.7% Jan 1, 2023 Dec 31, 2023
2022 15.2 +4.29 +39.2% Jan 1, 2022 Dec 31, 2022
2021 10.9 +12.8 Jan 1, 2021 Dec 31, 2021
2020 -1.89 -10.5 -122% Jan 1, 2020 Dec 31, 2020
2019 8.62 +0.76 +9.66% Jan 1, 2019 Dec 31, 2019
2018 7.86 -1.87 -19.2% Jan 1, 2018 Dec 31, 2018
2017 9.73 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.