AIT vs. NVT: Applied Industrial vs. nVent Electric Stock Comparison
How do Applied Industrial (AIT) and nVent Electric (NVT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Applied Industrial (AIT) and nVent Electric (NVT) both fall under the Capital Goods industry group, but AIT is classified in Trading Companies & Distributors while NVT is classified in Electrical Equipment.
| Profile Item | AIT | NVT |
|---|---|---|
| Name | Applied Industrial Technologies Inc. | nVent Electric plc |
| Country/Region | United States | United Kingdom |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Trading Companies & Distributors | Electrical Equipment |
| GICS Sub-Industry | Trading Companies & Distributors | Electrical Components & Equipment |
| Market Capitalization | 10.35 billion USD | 17.16 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | April 24, 2018 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AIT | NVT |
|---|---|---|
| Total Return (1Y) | 15.62% | 2.86% |
| Total Return (3Y, Annualized) | 24.49% | 32.72% |
| Total Return (5Y, Annualized) | 24.56% | 26.96% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AIT | NVT |
|---|---|---|
| Volatility (1Y, Annualized) | 28.72% | 53.94% |
| Beta (5Y) | 0.86 | 1.41 |
| Max Drawdown (5Y) | -26.42% | -46.67% |
| Avg. Volume (3M) | 295.41K | 2.54M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AIT | NVT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.39 | -0.03 |
| Sortino Ratio (1Y) | 0.53 | -0.03 |
Profitability
ROE (TTM)
Applied Industrial (AIT) at 22.51% sits in the top ROE quartile, while nVent Electric (NVT) at 17.42% is closer to the peer norm — stronger capital efficiency for AIT.
AIT
Capital Goods industry group
22.51%
- Max
- 40.55%
- AIT
- 22.51%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
NVT
Capital Goods industry group
17.42%
- Max
- 40.55%
- Q3
- 19.29%
- NVT
- 17.42%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
nVent Electric (NVT) at 12.83% retains a top-quartile share of revenue as profit, ahead of Applied Industrial (AIT) at 8.39%, which keeps about the industry-typical share.
AIT
Capital Goods industry group
8.39%
- Max
- 27.47%
- Q3
- 12.10%
- AIT
- 8.39%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
NVT
Capital Goods industry group
12.83%
- Max
- 27.47%
- NVT
- 12.83%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
nVent Electric (NVT) at 18.75% operates in the top operating margin quartile, ahead of Applied Industrial (AIT) at 11.12%, which runs around its industry’s norm.
AIT
Capital Goods industry group
11.12%
- Max
- 36.60%
- Q3
- 18.33%
- AIT
- 11.12%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
NVT
Capital Goods industry group
18.75%
- Max
- 36.60%
- NVT
- 18.75%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | AIT | NVT |
|---|---|---|
| ROE (TTM) | 22.51% | 17.42% |
| ROA (TTM) | 11.43% | 7.88% |
| Net Margin (TTM) | 8.39% | 12.83% |
| Operating Margin (TTM) | 11.12% | 18.75% |
| Gross Margin (TTM) | 30.40% | 36.17% |
Growth
Revenue Growth
nVent Electric (NVT) at 29.51% sits in the top revenue growth quartile, while Applied Industrial (AIT) at 8.84% is closer to the peer norm — faster top-line expansion for NVT.
EPS Growth
Only one side can be read here: nVent Electric (NVT) reports EPS growth of 118.78%, ranked against its industry; Applied Industrial (AIT) has no EPS growth figure this period.
Growth Metrics
| Metric | AIT | NVT |
|---|---|---|
| Revenue Growth (YoY) | 8.84% | 29.51% |
| Revenue Growth (3Y CAGR) | 4.02% | 19.26% |
| EPS Growth (YoY) | -- | 118.78% |
| EPS Growth (3Y CAGR) | 7.40% | 21.89% |
Financial Strength
Current Ratio (MRQ)
Both Applied Industrial (AIT) at 2.89 and nVent Electric (NVT) at 2.40 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
AIT
Capital Goods industry group
2.89
- Max
- 5.22
- Q3
- 2.95
- AIT
- 2.89
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
NVT
Capital Goods industry group
2.40
- Max
- 5.22
- Q3
- 2.95
- NVT
- 2.40
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Applied Industrial (AIT) at 0.15 keeps leverage in the lower industry quartile, while nVent Electric (NVT) at 0.57 runs a more typical debt-to-equity mix.
AIT
Capital Goods industry group
0.15
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- AIT
- 0.15
- Min
- 0.00
NVT
Capital Goods industry group
0.57
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- NVT
- 0.57
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | AIT | NVT |
|---|---|---|
| Current Ratio (MRQ) | 2.89 | 2.40 |
| Debt / Equity (MRQ) | 0.15 | 0.57 |
| Net Debt / EBITDA | 0.27 | 1.05 |
Dividends
Dividend Yield (TTM)
Both Applied Industrial (AIT) at 0.71% and nVent Electric (NVT) at 0.84% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AIT
Capital Goods industry group
0.71%
- Max
- 2.66%
- Q3
- 1.14%
- AIT
- 0.71%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
NVT
Capital Goods industry group
0.84%
- Max
- 2.66%
- Q3
- 1.14%
- NVT
- 0.84%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Applied Industrial (AIT) at 17.63% and nVent Electric (NVT) at 20.15% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
AIT
Capital Goods industry group
17.63%
- Max
- 67.39%
- Q3
- 28.02%
- AIT
- 17.63%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
NVT
Capital Goods industry group
20.15%
- Max
- 67.39%
- Q3
- 28.02%
- NVT
- 20.15%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AIT | NVT |
|---|---|---|
| Dividend Yield (TTM) | 0.71% | 0.84% |
| Dividend Payout Ratio (TTM) | 17.63% | 20.15% |
Valuation
P/E Ratio (TTM)
Both Applied Industrial (AIT) at 25.10 and nVent Electric (NVT) at 25.78 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AIT
Capital Goods industry group
25.10
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- AIT
- 25.10
- Q1
- 19.47
- Min
- 3.03
NVT
Capital Goods industry group
25.78
- Max
- 59.38
- Q3
- 35.92
- NVT
- 25.78
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Applied Industrial (AIT) at 2.05 and nVent Electric (NVT) at 3.24 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AIT
Capital Goods industry group
2.05
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- AIT
- 2.05
- Q1
- 1.03
- Min
- 0.03
NVT
Capital Goods industry group
3.24
- Max
- 7.54
- Q3
- 3.76
- NVT
- 3.24
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
nVent Electric (NVT) at 4.17 is valued about in line with its industry on P/B ratio, while Applied Industrial (AIT) at 5.50 carries an above-peer premium to book — AIT is pricier on assets.
AIT
Capital Goods industry group
5.50
- Max
- 9.66
- AIT
- 5.50
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
NVT
Capital Goods industry group
4.17
- Max
- 9.66
- Q3
- 5.00
- NVT
- 4.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | AIT | NVT |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 25.78 |
| P/S Ratio (TTM) | 2.05 | 3.24 |
| P/B Ratio (MRQ) | 5.50 | 4.17 |
| Free Cash Flow Yield (TTM) | 3.24% | 2.93% |