Discontinued — last reported Q4 '11

Other

Construction work in progress

nVent Electric plc Construction work in progress increased by 0.8% to $66.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.2%, from $43.20M to $66.20M. Over 5 years (FY 2020 to FY 2025), Construction work in progress shows an upward trend with a 16.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2009
Last reportedQ4 2011

How to read this metric

An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.

Detailed definition

This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...

Peer comparison

Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.

Metric ID: other_construction_in_progress_gross

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$29.90M$24.30M$25.50M$25.10M$21.20M$22.40M$34.70M$32.90M$38.10M$35.40M$32.40M$31.60M$39.10M$41.70M$47.20M$43.20M$52.50M$64.00M$65.70M$66.20M
QoQ Change-18.7%+4.9%-1.6%-15.5%+5.7%+54.9%-5.2%+15.8%-7.1%-8.5%-2.5%+23.7%+6.6%+13.2%-8.5%+21.5%+21.9%+2.7%+0.8%
YoY Change-29.1%-7.8%+36.1%+31.1%+79.7%+58.0%-6.6%-4.0%+2.6%+17.8%+45.7%+36.7%+34.3%+53.5%+39.2%+53.2%
Range$21.20M$66.20M
CAGR+18.2%
Avg YoY Growth+27.5%
Median YoY Growth+35.2%
Current Streak4 quarters growth

Frequently Asked Questions

What is nVent Electric plc's construction work in progress?
nVent Electric plc (NVT) reported construction work in progress of $66.20M in Q1 2026.
How has nVent Electric plc's construction work in progress changed year-over-year?
nVent Electric plc's construction work in progress increased by 53.2% year-over-year, from $43.20M to $66.20M.
What is the long-term trend for nVent Electric plc's construction work in progress?
Over 5 years (2020 to 2025), nVent Electric plc's construction work in progress has grown at a 16.7% compound annual growth rate (CAGR), from $30.30M to $65.70M.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.