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Side-by-side financial comparison of Amer Sports, Inc. (AS) and nVent Electric plc (NVT). Click either name above to swap in a different company.

nVent Electric plc is the larger business by last-quarter revenue ($1.1B vs $1.1B, roughly 1.0× Amer Sports, Inc.). nVent Electric plc runs the higher net margin — 11.1% vs 1.8%, a 9.3% gap on every dollar of revenue. nVent Electric plc produced more free cash flow last quarter ($165.7M vs $92.2M).

Amer Sports, Inc. is a Finnish multinational sporting equipment division based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people. Since 2018, Amer has been a subsidiary of Chinese retail conglomerate Anta Sports.

NVent Electric plc is an American-British multinational company providing electrical connection and enclosure products. The company designs, manufactures, markets, and services products used to connect, protect, and manage electrical systems in commercial, industrial, residential, infrastructure, and data center applications.

AS vs NVT — Head-to-Head

Bigger by revenue
NVT
NVT
1.0× larger
NVT
$1.1B
$1.1B
AS
Higher net margin
NVT
NVT
9.3% more per $
NVT
11.1%
1.8%
AS
More free cash flow
NVT
NVT
$73.5M more FCF
NVT
$165.7M
$92.2M
AS

Income Statement — Q1 FY2024 vs Q4 FY2025

Metric
AS
AS
NVT
NVT
Revenue
$1.1B
$1.1B
Net Profit
$19.0M
$118.8M
Gross Margin
52.8%
36.5%
Operating Margin
12.4%
15.4%
Net Margin
1.8%
11.1%
Revenue YoY
127.3%
Net Profit YoY
1010.3%
EPS (diluted)
$0.05
$0.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AS
AS
NVT
NVT
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$963.1M
Q1 25
$809.3M
Q4 24
$469.2M
Q3 24
$782.0M
Q2 24
$880.3M
Q1 24
$1.1B
$874.6M
Net Profit
AS
AS
NVT
NVT
Q4 25
$118.8M
Q3 25
$121.2M
Q2 25
$109.5M
Q1 25
$360.7M
Q4 24
$10.7M
Q3 24
$105.0M
Q2 24
$111.0M
Q1 24
$19.0M
$105.1M
Gross Margin
AS
AS
NVT
NVT
Q4 25
36.5%
Q3 25
37.4%
Q2 25
38.6%
Q1 25
38.8%
Q4 24
37.1%
Q3 24
39.8%
Q2 24
41.8%
Q1 24
52.8%
40.6%
Operating Margin
AS
AS
NVT
NVT
Q4 25
15.4%
Q3 25
15.8%
Q2 25
16.3%
Q1 25
16.1%
Q4 24
14.3%
Q3 24
17.0%
Q2 24
19.1%
Q1 24
12.4%
18.2%
Net Margin
AS
AS
NVT
NVT
Q4 25
11.1%
Q3 25
11.5%
Q2 25
11.4%
Q1 25
44.6%
Q4 24
2.3%
Q3 24
13.4%
Q2 24
12.6%
Q1 24
1.8%
12.0%
EPS (diluted)
AS
AS
NVT
NVT
Q4 25
$0.74
Q3 25
$0.74
Q2 25
$0.67
Q1 25
$2.16
Q4 24
$0.07
Q3 24
$0.62
Q2 24
$0.66
Q1 24
$0.05
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AS
AS
NVT
NVT
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$3.7B
Total Assets
$6.9B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Total Debt
AS
AS
NVT
NVT
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.8B
Q1 25
$1.8B
Q4 24
$2.2B
Q3 24
$2.3B
Q2 24
$1.8B
Q1 24
$1.8B
Stockholders' Equity
AS
AS
NVT
NVT
Q4 25
$3.7B
Q3 25
$3.6B
Q2 25
$3.5B
Q1 25
$3.6B
Q4 24
$3.2B
Q3 24
$3.3B
Q2 24
$3.3B
Q1 24
$3.2B
Total Assets
AS
AS
NVT
NVT
Q4 25
$6.9B
Q3 25
$6.8B
Q2 25
$6.7B
Q1 25
$6.7B
Q4 24
$6.7B
Q3 24
$6.9B
Q2 24
$6.2B
Q1 24
$6.2B
Debt / Equity
AS
AS
NVT
NVT
Q4 25
0.42×
Q3 25
0.44×
Q2 25
0.50×
Q1 25
0.49×
Q4 24
0.67×
Q3 24
0.69×
Q2 24
0.54×
Q1 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AS
AS
NVT
NVT
Operating Cash FlowLast quarter
$114.3M
$202.4M
Free Cash FlowOCF − Capex
$92.2M
$165.7M
FCF MarginFCF / Revenue
8.8%
15.5%
Capex IntensityCapex / Revenue
2.1%
3.4%
Cash ConversionOCF / Net Profit
6.02×
1.70×
TTM Free Cash FlowTrailing 4 quarters
$371.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AS
AS
NVT
NVT
Q4 25
$202.4M
Q3 25
$219.5M
Q2 25
$-16.9M
Q1 25
$60.2M
Q4 24
$224.6M
Q3 24
$197.7M
Q2 24
$130.8M
Q1 24
$114.3M
$90.0M
Free Cash Flow
AS
AS
NVT
NVT
Q4 25
$165.7M
Q3 25
$200.9M
Q2 25
$-33.8M
Q1 25
$39.1M
Q4 24
$198.1M
Q3 24
$184.8M
Q2 24
$112.3M
Q1 24
$92.2M
$73.9M
FCF Margin
AS
AS
NVT
NVT
Q4 25
15.5%
Q3 25
19.1%
Q2 25
-3.5%
Q1 25
4.8%
Q4 24
42.2%
Q3 24
23.6%
Q2 24
12.8%
Q1 24
8.8%
8.4%
Capex Intensity
AS
AS
NVT
NVT
Q4 25
3.4%
Q3 25
1.8%
Q2 25
1.8%
Q1 25
2.6%
Q4 24
5.6%
Q3 24
1.6%
Q2 24
2.1%
Q1 24
2.1%
1.8%
Cash Conversion
AS
AS
NVT
NVT
Q4 25
1.70×
Q3 25
1.81×
Q2 25
-0.15×
Q1 25
0.17×
Q4 24
20.99×
Q3 24
1.88×
Q2 24
1.18×
Q1 24
6.02×
0.86×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AS
AS

Americas2$409.6M39%
EMEA1$356.9M34%
Greater China3$205.6M20%
Asia Pacific4$78.2M7%

NVT
NVT

Industrial Sector$554.0M52%
Electricaland Fastening Solutions Segment$278.0M26%
Energy Sector$235.0M22%

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