FinEdge Labs
N

NVT

NVTVerified
3 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$3.0B26.1%
FY2024
Operating Segments
3
Active segments
Blended Margin
25.2%
Operating margin
Highest Margin
30.0%
Electricaland Fastening Solutions
Segment Shift

Electricaland Fastening Solutions has grown from 28.0% to 39.3% of total revenue since FY2019, with 30.0% operating margins. Meanwhile, Enclosures is the fastest growing at +60.6% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2024

SegmentRevenueOp. IncomeMargin% of TotalYoY
Enclosures$1.8B$403M22.1%60.7%+60.6%
Electricaland Fastening Solutions$1.2B$355M30.0%39.3%+36.2%

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