nVent Electric plc 2024年度报告

For the Fiscal Year EndedDecember31, 2024OR Commission file number001-38265 Name of each exchange on which registered Securities registered pursuant to Section12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.YesþNo¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act.Yes¨Noþ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934during the preceding 12months (or for such shorter period that the Registrant was required to file such reports) and (2)has been subject to such filingrequirements for the past 90days.YesþNo¨Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the Registrant was required to submit suchfiles).YesþNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or anemerging growth company. See the definitions of "large accelerated filer, " "accelerated filer", "smaller reporting company" and "emerging growth company"in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal controlover financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issuedits audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).Yes☐Noþ The number of shares outstanding of Registrant's only class of common stock on December31, 2024 was165,022,146. DOCUMENTS INCORPORATED BY REFERENCE Parts of the Registrant's definitive proxy statement for its annual general meeting to be held on May16, 2025, are incorporated by reference in this Form10-Kin response to PartIII, ITEM10, 11, 12, 13 and 14. nVent Electric plcAnnual Report on Form10-KFor the Year Ended December31, 2024 PART I ITEM 1.BusinessITEM 1A.Risk FactorsITEM 1B.Unresolved Staff CommentsITEM 1C.CybersecurityITEM 2.PropertiesITEM 3.Legal ProceedingsITEM 4.Mine Safety Disclosures PARTII ITEM 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases ofEquity SecuritiesITEM 6.ReservedITEM 7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsITEM 7A.Quantitative and Qualitative Disclosures about Market RiskITEM 8.Financial Statements and Supplementary DataITEM 9.Changes in and Disagreements with Accountants on Accounting and Financial DisclosureITEM 9A.Controls and ProceduresITEM 9B.Other InformationITEM 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections PARTIII ITEM 10.Directors, Executive Officers and Corporate Governance77ITEM 11.Executive Compensation77ITEM 12.Security Ownership of Certain Beneficial Owners and Management and Related StockholderMatters77ITEM 13.Certain Relationships and Related Transactions and Director Independence78ITEM 14.Principal Accounting Fees and Services78 PARTIV ITEM 15.Exhibits and Financial Statement SchedulesITEM 16.Form 10-K SummarySignatures 798182 PARTI ITEM1.BUSINESS COMPANY OVERVIEWnVent Electric plc is a leading global provider of systems protections and electrical connection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We connect and protect some of the world's most criticalsystems to make them safer, more efficient and resilient. We design, manufacture, market, install and service high performanceproducts and solutions that are helping to build a more sustainable and electrified world. We have a comprehensive portfolio of cablemanagement, control buildings, cooling solutions both liquid and air, electrical connections, enclosures, equipment protection, powerconnections and power management