Goodwill
nVent Electric plc Goodwill decreased by 0.1% to $2.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 20.1%, from $2.23B to $2.68B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 5.0% CAGR.
Analysis
How to read this metric
A significant increase indicates recent M&A activity, while a sudden decrease typically signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Standard metric for companies that grow through acquisition; comparable across all industries.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.19B | $2.19B | $2.19B | $2.19B | $2.18B | $2.17B | $1.47B | $2.18B | $2.54B | $2.56B | $1.86B | $2.57B | $2.57B | $2.23B | $2.22B | $2.23B | $2.68B | $2.68B | $2.68B | $2.68B |
| QoQ Change | — | -0.3% | -0.0% | -0.1% | -0.3% | -0.5% | -32.4% | +48.7% | +16.6% | +0.6% | -27.4% | +38.4% | -0.1% | -13.1% | -0.5% | +0.3% | +20.2% | +0.0% | -0.0% | -0.1% |
| YoY Change | — | — | — | — | -0.7% | -0.8% | -32.9% | -0.2% | +16.7% | +18.0% | +26.7% | +17.9% | +1.0% | -12.8% | +19.6% | -13.3% | +4.3% | +20.0% | +20.5% | +20.1% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Electrical Connections | $1.43B | $1.43B | $1.43B | $1.43B | $1.48B | $1.48B | $1.48B | $1.48B |
| Systems Protection | $425.40M | $800.30M | $790.10M | $796.30M | $1.20B | $1.20B | $1.20B | $1.20B |
| Thermal Management | $711.70M | — | — | — | — | — | — | — |
| Total | $2.57B | $2.23B | $2.22B | $2.23B | $2.68B | $2.68B | $2.68B | $2.68B |
Thermal Management was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's goodwill?
- nVent Electric plc (NVT) reported goodwill of $2.68B in Q1 2026.
- How has nVent Electric plc's goodwill changed year-over-year?
- nVent Electric plc's goodwill increased by 20.1% year-over-year, from $2.23B to $2.68B.
- What is the long-term trend for nVent Electric plc's goodwill?
- Over 5 years (2020 to 2025), nVent Electric plc's goodwill has grown at a 5.0% compound annual growth rate (CAGR), from $2.10B to $2.68B.
- What does goodwill mean?
- The excess price paid for an acquisition over the fair value of its net assets.