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

Simon Property Group is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.7× nVent Electric plc). Simon Property Group runs the higher net margin — 197.6% vs 11.1%, a 186.5% gap on every dollar of revenue. On growth, nVent Electric plc posted the faster year-over-year revenue change (127.3% vs 13.2%). Simon Property Group produced more free cash flow last quarter ($948.8M vs $165.7M). Over the past eight quarters, Simon Property Group's revenue compounded faster (11.4% 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.

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

NVT vs SPG — Head-to-Head

Bigger by revenue
SPG
SPG
1.7× larger
SPG
$1.8B
$1.1B
NVT
Growing faster (revenue YoY)
NVT
NVT
+114.1% gap
NVT
127.3%
13.2%
SPG
Higher net margin
SPG
SPG
186.5% more per $
SPG
197.6%
11.1%
NVT
More free cash flow
SPG
SPG
$783.1M more FCF
SPG
$948.8M
$165.7M
NVT
Faster 2-yr revenue CAGR
SPG
SPG
Annualised
SPG
11.4%
10.4%
NVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NVT
NVT
SPG
SPG
Revenue
$1.1B
$1.8B
Net Profit
$118.8M
$3.5B
Gross Margin
36.5%
Operating Margin
15.4%
49.7%
Net Margin
11.1%
197.6%
Revenue YoY
127.3%
13.2%
Net Profit YoY
1010.3%
358.7%
EPS (diluted)
$0.74
$9.34

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
SPG
SPG
Q4 25
$1.1B
$1.8B
Q3 25
$1.1B
$1.6B
Q2 25
$963.1M
$1.5B
Q1 25
$809.3M
$1.5B
Q4 24
$469.2M
$1.6B
Q3 24
$782.0M
$1.5B
Q2 24
$880.3M
$1.5B
Q1 24
$874.6M
$1.4B
Net Profit
NVT
NVT
SPG
SPG
Q4 25
$118.8M
$3.5B
Q3 25
$121.2M
$702.7M
Q2 25
$109.5M
$643.7M
Q1 25
$360.7M
$477.9M
Q4 24
$10.7M
$771.8M
Q3 24
$105.0M
$546.7M
Q2 24
$111.0M
$569.4M
Q1 24
$105.1M
$841.2M
Gross Margin
NVT
NVT
SPG
SPG
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
40.6%
Operating Margin
NVT
NVT
SPG
SPG
Q4 25
15.4%
49.7%
Q3 25
15.8%
50.8%
Q2 25
16.3%
49.7%
Q1 25
16.1%
49.4%
Q4 24
14.3%
52.8%
Q3 24
17.0%
51.9%
Q2 24
19.1%
51.7%
Q1 24
18.2%
51.0%
Net Margin
NVT
NVT
SPG
SPG
Q4 25
11.1%
197.6%
Q3 25
11.5%
43.9%
Q2 25
11.4%
43.0%
Q1 25
44.6%
32.4%
Q4 24
2.3%
48.8%
Q3 24
13.4%
36.9%
Q2 24
12.6%
39.0%
Q1 24
12.0%
58.3%
EPS (diluted)
NVT
NVT
SPG
SPG
Q4 25
$0.74
$9.34
Q3 25
$0.74
$1.86
Q2 25
$0.67
$1.70
Q1 25
$2.16
$1.27
Q4 24
$0.07
$2.04
Q3 24
$0.62
$1.46
Q2 24
$0.66
$1.51
Q1 24
$0.62
$2.25

Balance Sheet & Financial Strength

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

Metric
NVT
NVT
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$823.1M
Total DebtLower is stronger
$1.6B
$28.4B
Stockholders' EquityBook value
$3.7B
$5.2B
Total Assets
$6.9B
$40.6B
Debt / EquityLower = less leverage
0.42×
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVT
NVT
SPG
SPG
Q4 25
$823.1M
Q3 25
$1.6B
Q2 25
$1.2B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.6B
Total Debt
NVT
NVT
SPG
SPG
Q4 25
$1.6B
$28.4B
Q3 25
$1.6B
$25.8B
Q2 25
$1.8B
$25.4B
Q1 25
$1.8B
$24.8B
Q4 24
$2.2B
$24.3B
Q3 24
$2.3B
$25.4B
Q2 24
$1.8B
$25.3B
Q1 24
$1.8B
$25.5B
Stockholders' Equity
NVT
NVT
SPG
SPG
Q4 25
$3.7B
$5.2B
Q3 25
$3.6B
$2.3B
Q2 25
$3.5B
$2.5B
Q1 25
$3.6B
$2.6B
Q4 24
$3.2B
$2.9B
Q3 24
$3.3B
$2.7B
Q2 24
$3.3B
$2.9B
Q1 24
$3.2B
$3.1B
Total Assets
NVT
NVT
SPG
SPG
Q4 25
$6.9B
$40.6B
Q3 25
$6.8B
$33.6B
Q2 25
$6.7B
$33.3B
Q1 25
$6.7B
$32.5B
Q4 24
$6.7B
$32.4B
Q3 24
$6.9B
$33.3B
Q2 24
$6.2B
$33.4B
Q1 24
$6.2B
$33.7B
Debt / Equity
NVT
NVT
SPG
SPG
Q4 25
0.42×
5.46×
Q3 25
0.44×
10.98×
Q2 25
0.50×
10.36×
Q1 25
0.49×
9.50×
Q4 24
0.67×
8.25×
Q3 24
0.69×
9.37×
Q2 24
0.54×
8.59×
Q1 24
0.55×
8.22×

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
SPG
SPG
Operating Cash FlowLast quarter
$202.4M
$1.2B
Free Cash FlowOCF − Capex
$165.7M
$948.8M
FCF MarginFCF / Revenue
15.5%
53.0%
Capex IntensityCapex / Revenue
3.4%
14.2%
Cash ConversionOCF / Net Profit
1.70×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$371.9M
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVT
NVT
SPG
SPG
Q4 25
$202.4M
$1.2B
Q3 25
$219.5M
$890.3M
Q2 25
$-16.9M
$1.2B
Q1 25
$60.2M
$827.2M
Q4 24
$224.6M
$1.1B
Q3 24
$197.7M
$892.9M
Q2 24
$130.8M
$1.1B
Q1 24
$90.0M
$773.1M
Free Cash Flow
NVT
NVT
SPG
SPG
Q4 25
$165.7M
$948.8M
Q3 25
$200.9M
$685.0M
Q2 25
$-33.8M
$971.3M
Q1 25
$39.1M
$597.0M
Q4 24
$198.1M
$867.7M
Q3 24
$184.8M
$706.5M
Q2 24
$112.3M
$874.8M
Q1 24
$73.9M
$610.1M
FCF Margin
NVT
NVT
SPG
SPG
Q4 25
15.5%
53.0%
Q3 25
19.1%
42.8%
Q2 25
-3.5%
64.8%
Q1 25
4.8%
40.5%
Q4 24
42.2%
54.8%
Q3 24
23.6%
47.7%
Q2 24
12.8%
60.0%
Q1 24
8.4%
42.3%
Capex Intensity
NVT
NVT
SPG
SPG
Q4 25
3.4%
14.2%
Q3 25
1.8%
12.8%
Q2 25
1.8%
16.3%
Q1 25
2.6%
15.6%
Q4 24
5.6%
13.8%
Q3 24
1.6%
12.6%
Q2 24
2.1%
12.9%
Q1 24
1.8%
11.3%
Cash Conversion
NVT
NVT
SPG
SPG
Q4 25
1.70×
0.34×
Q3 25
1.81×
1.27×
Q2 25
-0.15×
1.89×
Q1 25
0.17×
1.73×
Q4 24
20.99×
1.41×
Q3 24
1.88×
1.63×
Q2 24
1.18×
1.87×
Q1 24
0.86×
0.92×

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%

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

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