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

nVent Electric plc is the larger business by last-quarter revenue ($1.1B vs $774.3M, roughly 1.4× PTC Inc.). PTC Inc. runs the higher net margin — 76.3% vs 11.1%, a 65.2% gap on every dollar of revenue. On growth, nVent Electric plc posted the faster year-over-year revenue change (127.3% vs 21.7%). PTC Inc. produced more free cash flow last quarter ($318.0M vs $165.7M). Over the past eight quarters, PTC Inc.'s revenue compounded faster (22.2% CAGR vs 10.4%).

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.

PTC Inc. is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998. PTC markets products and services and an Internet of Things (IoT) and augmented reality (AR) platform for partners and developers.

NVT vs PTC — Head-to-Head

Bigger by revenue
NVT
NVT
1.4× larger
NVT
$1.1B
$774.3M
PTC
Growing faster (revenue YoY)
NVT
NVT
+105.7% gap
NVT
127.3%
21.7%
PTC
Higher net margin
PTC
PTC
65.2% more per $
PTC
76.3%
11.1%
NVT
More free cash flow
PTC
PTC
$152.3M more FCF
PTC
$318.0M
$165.7M
NVT
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
22.2%
10.4%
NVT

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
NVT
NVT
PTC
PTC
Revenue
$1.1B
$774.3M
Net Profit
$118.8M
$590.7M
Gross Margin
36.5%
99.1%
Operating Margin
15.4%
38.2%
Net Margin
11.1%
76.3%
Revenue YoY
127.3%
21.7%
Net Profit YoY
1010.3%
141.2%
EPS (diluted)
$0.74
$4.98

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
NVT
NVT
PTC
PTC
Q1 26
$774.3M
Q4 25
$1.1B
$685.8M
Q3 25
$1.1B
$893.8M
Q2 25
$963.1M
$643.9M
Q1 25
$809.3M
$636.4M
Q4 24
$469.2M
$565.1M
Q3 24
$782.0M
$626.5M
Q2 24
$880.3M
$518.6M
Net Profit
NVT
NVT
PTC
PTC
Q1 26
$590.7M
Q4 25
$118.8M
$166.5M
Q3 25
$121.2M
$347.8M
Q2 25
$109.5M
$141.3M
Q1 25
$360.7M
$162.6M
Q4 24
$10.7M
$82.2M
Q3 24
$105.0M
$126.5M
Q2 24
$111.0M
$69.0M
Gross Margin
NVT
NVT
PTC
PTC
Q1 26
99.1%
Q4 25
36.5%
82.8%
Q3 25
37.4%
86.9%
Q2 25
38.6%
82.9%
Q1 25
38.8%
83.3%
Q4 24
37.1%
80.2%
Q3 24
39.8%
82.0%
Q2 24
41.8%
78.4%
Operating Margin
NVT
NVT
PTC
PTC
Q1 26
38.2%
Q4 25
15.4%
32.2%
Q3 25
15.8%
48.5%
Q2 25
16.3%
32.6%
Q1 25
16.1%
35.1%
Q4 24
14.3%
20.4%
Q3 24
17.0%
31.0%
Q2 24
19.1%
18.5%
Net Margin
NVT
NVT
PTC
PTC
Q1 26
76.3%
Q4 25
11.1%
24.3%
Q3 25
11.5%
38.9%
Q2 25
11.4%
21.9%
Q1 25
44.6%
25.6%
Q4 24
2.3%
14.6%
Q3 24
13.4%
20.2%
Q2 24
12.6%
13.3%
EPS (diluted)
NVT
NVT
PTC
PTC
Q1 26
$4.98
Q4 25
$0.74
$1.39
Q3 25
$0.74
$2.88
Q2 25
$0.67
$1.17
Q1 25
$2.16
$1.35
Q4 24
$0.07
$0.68
Q3 24
$0.62
$1.05
Q2 24
$0.66
$0.57

Balance Sheet & Financial Strength

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

Metric
NVT
NVT
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$439.1M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$3.7B
$3.9B
Total Assets
$6.9B
$6.5B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVT
NVT
PTC
PTC
Q1 26
$439.1M
Q4 25
$209.7M
Q3 25
$184.4M
Q2 25
$199.3M
Q1 25
$235.2M
Q4 24
$196.3M
Q3 24
$265.8M
Q2 24
$247.7M
Total Debt
NVT
NVT
PTC
PTC
Q1 26
Q4 25
$1.6B
$1.2B
Q3 25
$1.6B
$1.2B
Q2 25
$1.8B
$1.2B
Q1 25
$1.8B
$1.4B
Q4 24
$2.2B
$1.0B
Q3 24
$2.3B
$1.2B
Q2 24
$1.8B
$1.3B
Stockholders' Equity
NVT
NVT
PTC
PTC
Q1 26
$3.9B
Q4 25
$3.7B
$3.8B
Q3 25
$3.6B
$3.8B
Q2 25
$3.5B
$3.5B
Q1 25
$3.6B
$3.4B
Q4 24
$3.2B
$3.2B
Q3 24
$3.3B
$3.2B
Q2 24
$3.3B
$3.0B
Total Assets
NVT
NVT
PTC
PTC
Q1 26
$6.5B
Q4 25
$6.9B
$6.4B
Q3 25
$6.8B
$6.6B
Q2 25
$6.7B
$6.2B
Q1 25
$6.7B
$6.2B
Q4 24
$6.7B
$6.1B
Q3 24
$6.9B
$6.4B
Q2 24
$6.2B
$6.1B
Debt / Equity
NVT
NVT
PTC
PTC
Q1 26
Q4 25
0.42×
0.31×
Q3 25
0.44×
0.31×
Q2 25
0.50×
0.34×
Q1 25
0.49×
0.40×
Q4 24
0.67×
0.32×
Q3 24
0.69×
0.38×
Q2 24
0.54×
0.43×

Cash Flow & Capital Efficiency

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

Metric
NVT
NVT
PTC
PTC
Operating Cash FlowLast quarter
$202.4M
$320.9M
Free Cash FlowOCF − Capex
$165.7M
$318.0M
FCF MarginFCF / Revenue
15.5%
41.1%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
1.70×
0.54×
TTM Free Cash FlowTrailing 4 quarters
$371.9M
$927.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVT
NVT
PTC
PTC
Q1 26
$320.9M
Q4 25
$202.4M
$269.7M
Q3 25
$219.5M
$104.0M
Q2 25
$-16.9M
$243.9M
Q1 25
$60.2M
$281.3M
Q4 24
$224.6M
$238.4M
Q3 24
$197.7M
$98.1M
Q2 24
$130.8M
$213.8M
Free Cash Flow
NVT
NVT
PTC
PTC
Q1 26
$318.0M
Q4 25
$165.7M
$267.4M
Q3 25
$200.9M
$100.5M
Q2 25
$-33.8M
$242.0M
Q1 25
$39.1M
$278.5M
Q4 24
$198.1M
$235.7M
Q3 24
$184.8M
$93.6M
Q2 24
$112.3M
$212.2M
FCF Margin
NVT
NVT
PTC
PTC
Q1 26
41.1%
Q4 25
15.5%
39.0%
Q3 25
19.1%
11.2%
Q2 25
-3.5%
37.6%
Q1 25
4.8%
43.8%
Q4 24
42.2%
41.7%
Q3 24
23.6%
14.9%
Q2 24
12.8%
40.9%
Capex Intensity
NVT
NVT
PTC
PTC
Q1 26
Q4 25
3.4%
0.3%
Q3 25
1.8%
0.4%
Q2 25
1.8%
0.3%
Q1 25
2.6%
0.4%
Q4 24
5.6%
0.5%
Q3 24
1.6%
0.7%
Q2 24
2.1%
0.3%
Cash Conversion
NVT
NVT
PTC
PTC
Q1 26
0.54×
Q4 25
1.70×
1.62×
Q3 25
1.81×
0.30×
Q2 25
-0.15×
1.73×
Q1 25
0.17×
1.73×
Q4 24
20.99×
2.90×
Q3 24
1.88×
0.78×
Q2 24
1.18×
3.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVT
NVT

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

PTC
PTC

Recurring revenue$743.4M96%
Other$24.0M3%
Perpetual license$6.9M1%

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