Nvent electric plc (NVT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Net sales

2,204

2,213

2,097

2,116

Cost of goods sold

1,338

1,337

1,256

1,280

Gross profit

865

876

841

835

Selling, general and administrative

484

519

483

462

Research and development

48

45

42

40

Operating income

333

310

316

332

Net interest expense

44

31

0

1

Other expense

31

10

2

16

Income before income taxes

257

268

313

315

Provision for income taxes

34

37

-48

55

Net income

222

230

361

259

Net Income (Loss) Attributable to Parent

222

230

361

259

Comprehensive income, net of tax
Net income

222

230

361

259

Changes in cumulative translation adjustment

4

-48

2

31

Changes in market value of derivative financial instruments, net of tax

4

-2

1

-3

Comprehensive income

231

180

365

287

Earnings per ordinary share
Basic (dollars per share)

1.30

1.29

2.02

-

Basic earnings per ordinary share (in dollars per share)

-

-

-

1.45

Diluted (dollars per share)

1.29

1.28

2.00

-

Diluted earnings per ordinary share (in dollars per share)

-

-

-

1.43

Weighted average ordinary shares outstanding
Basic (shares)

171

178

179

179

Diluted (shares)

173

180

181

181