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nVent Electric plc logo

nVent Electric plc Balance Sheet Statement

Assets, liabilities, and shareholders' equity

nVent Electric plc holds $7.0B in total assets. Shareholders' equity is $3.8B against $1.7B in total debt. Cash and equivalents total $190.0M. The current ratio is 1.70 and debt-to-equity is 0.447. Based on the Q1 2026 filing.

Total Assets$7.0BTotal Stockholders Equity$3.8BLong Term Debt$1.5BCash And Equivalents$190.0MTotal Current Assets$1.8BTotal Current Liabilities$1.1B
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$26.6B
P/E Ratio54.09
ROE13.27%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$280.1M$282.3M$310.3M$340.7M$358.9M$422M
Accrued compensation$15.4M$14.7M$16.6M$18M$18.8M$19.2M
Accrued expenses$95M$81.7M$107.3M$134.5M$156.6M$104.9M
Accrued interest$11.6M$25.5M$9.6M$24.7M$9.8M$24.7M
Accrued Manufacturing Costs$95M$81.7M$107.3M$134.5M$156.6M$104.9M
Commercial Paper Outstanding$10.7M———$75.7M—
Contract liabilities$22.5M$24.2M$144.5M$173M$176.8M$165.5M
Compensation and benefits$95M$81.7M$107.3M$134.5M$156.6M$104.9M
Other accrued liabilities$56M$70.3M$71.9M$75.7M$74.5M$100.8M
Current portion of long-term debt$37.5M$15M$13.8M$13.8M$13.8M$13.8M
Deferred revenue$139.8M$145.8M$827.3M$827.7M$2.3B$2.6B
Derivative Liabilities - Fair Value$8.4M—$37.6M$35.9M$36.7M$29.8M
Dividends payable$33.9M$33.4M$32.7M$32.8M$34.6M$34.2M
Finance Lease Liability Payment Due$30.5M———$29.4M—
Finance Lease Liability - Undiscounted Excess Amount$12.5M———$11.6M—
Income taxes payable$50.7M$210.2M$104.6M$67.5M$56.7M$68.7M
Lease Liability Payments - Due Year Five$1.5M———$1.5M—
Operating lease liabilities, current$22.4M$24.2M$27.4M$29.4M$30.3M$32M
Restructuring Reserve$1.8M$1.4M$1.8M$2.8M$2.8M$3M
Total current liabilities$801.6M$831.3M$889.6M$972.6M$1B$1.1B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$54.9M$58.5M$145.1M$165.5M$160.8M$187.9M
Allowance for Doubtful Accounts$14.3M$17.2M$15.6M$15.7M$13.7M$15.5M
Allowance for Doubtful Accounts Receivable (Current)$14.3M$17.2M$15.6M$15.7M$13.7M$15.5M
Cash and cash equivalents$131.2M$1.3B$125.8M$126.9M$237.5M$190M
Cash and Cash Equivalents from Discontinued Operations$58.7M$0$0$0$0$0
Other current assets$123.9M$116.6M$210.1M$230.7M$237.2M$257.8M
Income taxes receivable$18.1M$4.9M$7.9M$7.6M$12.1M$3.8M
Finished goods$198.1M$201.9M$206.2M$212.2M$227.2M$221.1M
Raw materials$146.4M$153.9M$186.4M$216.6M$213.5M$250.1M
Raw materials and supplies inventory, gross$146.4M$153.9M$186.4M$216.6M$213.5M$250.1M
Work in process$15.8M$18.4M$23M$26.4M$31.2M$40.8M
Inventories$360.3M$374.2M$415.6M$455.2M$471.9M$512M
Prepaid expenses and other current assets$36.1M$37.5M$40M$40.5M$46.8M$48M
Total current assets$1.4B$2.4B$1.5B$1.5B$1.6B$1.8B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$2.3B$2.2B$2B$2.1B$2.1B$2B
Accumulated other comprehensive income (loss)-$144.4M-$44.9M-$34.5M-$33.3M-$31.2M-$28M
AOCI - Cash Flow Hedge Adjustment$700K———-$900K—
Common stock$1.7M$1.6M$1.6M$1.6M$1.6M$1.6M
Common Stock Par Value Per Share$0.01$0.01$0.01$0.01$0.01$0.01
Common Stock Shares Issued165M164.6M160.9M161.4M161.7M161.7M
Retained earnings$1.1B$1.4B$1.5B$1.6B$1.7B$1.8B
Share Repurchase Authorization Limit$400M$346.9M$146.9M$146.9M$146.9M$96.5M
Share Repurchase Program - Amount Remaining$400M$346.9M$146.9M$146.9M$146.9M$96.5M
Total liabilities and stockholders' equity$6.7B$6.7B$6.7B$6.8B$6.9B$7B
Total stockholders' equity$3.2B$3.6B$3.5B$3.6B$3.7B$3.8B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AOCI - Cash Flow Hedge Reclassification (Next 12 Months)$700K———-$900K—
Cumulative Cost Basis$811.4M$829.7M$899.6M$920M$965.1M$981.6M
Expected Pension Contributions$5.8M———$6.6M—
Accrued rebates$69.4M$64.5M$67.5M$80.5M$91.5M$88.4M
Income taxes payable – long-term$11.7M$11.6M$10.9M$11.6M$10.3M$10.5M
Changes in market value of derivative financial instruments, net of tax$7.2M———-$6.5M—
Allowance for doubtful accounts$14.3M$17.2M$15.6M$15.7M$13.7M$15.5M
Common stock, par value (in dollars per share)$0$0$0$0$0$0
Common stock, shares authorized (in shares)$400M$400M$400M$400M$400M$400M
Common stock, shares issued (in shares)$165M$164.6M$160.9M$161.4M$161.7M$161.7M
Construction work in progress$47.2M$43.2M$52.5M$64M$65.7M$66.2M
Contract With Customer, Asset (Liability), Net$32.4M$34.3M$600K-$7.5M-$16M$22.4M
Contract with Customer, Asset, after Allowance for Credit Loss$54.9M$58.5M$145.1M$165.5M$160.8M$187.9M
Contract with Customer, Liability$22.5M$24.2M$144.5M$173M$176.8M$165.5M
Long-term debt, gross$2.2B$1.8B$1.8B$1.6B$1.6B$1.6B
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$11.3M$10.7M$9.1M$8.7M$8.4M$8M
Deferred compensation plan assets$15.4M$14.7M$16.6M$18M$18.8M$19.2M
Deferred Tax Liabilities, Gross$372.1M———$368.5M—
Deferred income taxes$242.7M$234.7M$231M$229.8M$232M$231.6M
Interest limitation$42.7M———$39.3M—
Deferred Tax Assets, Goodwill and Intangible Assets$43.5M———$33M—
Deferred Tax Assets, Gross$382.4M———$377.6M—
Deferred Tax Assets, Net of Valuation Allowance$186.4M———$183.2M—
Tax loss and credit carryforwards$195.8M———$191.8M—
Deferred Tax Assets, Operating Loss Carryforwards$789.5M———$762.3M—
U.S. federal, state and foreign net operating loss, credit carryforwards and other carryforwards$330.6M———$378.8M—
Deferred tax assets, tax credit carryforwards, foreign$3.1M———$3.1M—
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Postretirement Benefits$13.8M———$11.6M—
Accrued expenses$23.3M———$28.1M—
Deferred Tax Liabilities, Net$185.7M———$185.3M—
Deferred Tax Liabilities, Other$21M———$34.2M—
Deferred Tax Liabilities, Property, Plant and Equipment$28.9M———$30.5M—
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year$5.8M———$6.6M—
Fair value of plan assets$3.1M———$3M—
Fair value of plan assets$2.4M———$2.2M—
Derivative Liability, Noncurrent$8.4M—$37.6M$35.9M$36.7M$29.8M
Current maturities of long-term debt$400K———$400K—
Finance Lease Liability Payments Due$30.5M———$29.4M—
Finance Lease Liability Payments Due After Year Five$23.1M———$21.9M—
2027$1.4M———$1.5M—
Finance Lease Liability Payments Due Year Five$1.5M———$1.5M—
Finance Lease Liability Payments Due Year Four$1.5M———$1.5M—
Finance Lease Liability Payments Due Year Three$1.5M———$1.5M—
Finance Lease Liability Payments Due Year Two$1.5M———$1.5M—
Finance Lease Liability Undiscounted Excess Amount$12.5M———$11.6M—
Finance Lease, Right-of-Use Asset, after Accumulated Amortization$17.7M———$16.9M—
2031—$86.6M$108.3M$107.8M—$105.6M
Finite-Lived Intangible Assets, Accumulated Amortization$497.1M$525.9M$563.3M$605.1M$646.4M$687.2M
2028$112.6M$89.9M$132.3M$136.3M$153.9M$111M
2030$89.7M$89.8M$111.4M$111M$111M$107.8M
Remainder of 2026—$84.6M$79.7M$41.1M—$112.7M
2027—$102.3M$148.9M$153.8M—$136.3M
2029$102.1M$89.8M$111.5M$111M$136.4M$111M
Gross Carrying Amount$1.7B$1.7B$2.2B$2.2B$2.2B$2.2B
Trademarks$370.5M———$367.6M—
Indefinite- lived intangible impairment$2.1B$2.1B$2.5B$2.5B$2.5B$2.5B
Letters of Credit Outstanding, Amount$10.7M———$75.7M—
Leverage ratio4.25———4.25—
2028$585M$22.5M$13.8M$13.8M$13.8M$517.2M
2029$22.5M$721.3M$517.1M$517.2M$517.2M$20.6M
2029$0$0$402.8M$233.2M$202.8M$300M
2030$721.3M$0$20.6M$20.6M$20.6M$202.8M
Thereafter$800M$800M$800M$800M$800M$500M
2027$37.5M$218.8M$13.8M$13.8M$13.8M$13.8M
Remainder of 2026—$11.2M$6.9M$3.4M—$10.3M
Net Investment Hedge Derivatives At Fair Value Net$700K-$2.5M-$2.4M-$800K-$900K-$2.4M
Other accrued liabilities$266.5M$452.3M$458.2M$483.6M$474.2M$514.3M
Other$14.8M$15.7M$17.1M$17.1M$17.5M$18.1M
Other current assets$14.8M———$17.5M—
Other non-current liabilities$31.7M$45.6M$31.9M$33.1M$33.8M$34.5M
Other non-current assets$34M———$29.2M—
Restructuring Reserve$1.8M$1.4M$1.8M$2.8M$2.8M$3M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$139.8M$145.8M$827.3M$827.7M$2.3B$2.6B
Share Repurchase Program, Remaining Authorized, Amount$400M$346.9M$146.9M$146.9M$146.9M$96.5M
Unrecognized tax benefits$11.7M$11.6M$10.9M$11.6M$10.3M$10.5M
Interest accrued$1.4M———$1.5M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$10M———$8.9M—
Remainder of Fiscal Year 2024—$11.2M$6.9M$3.4M—$10.3M
Remainder of Fiscal Year 2025—$84.6M$79.7M$41.1M—$112.7M
Weighted-Average Discount Rate6.0%———6.0%—
Weighted-Average Discount Rate - Finance Leases$0.1———$0.1—

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Maturity - 2024—$11.2M$6.9M$3.4M—$10.3M
Debt Maturity - 2027$22.5M$721.3M$517.1M$517.2M$517.2M$20.6M
Debt Maturity - Thereafter$800M$800M$800M$800M$800M$500M
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$11.3M$10.7M$9.1M$8.7M$8.4M$8M
Deferred tax liabilities$21M———$34.2M—
Defined Benefit Pension Plan Liabilities (Non-Current)$131.7M$136.4M$148M$148.3M$135.6M$132.9M
Derivative Liabilities (Non-Current)$8.4M—$37.6M$35.9M$36.7M$29.8M
Finance lease liabilities$17.6M———$17.4M—
Finance Lease Liabilities (Total)$18M———$17.8M—
Lease Liability Payments - Due After Year Five$23.1M———$21.9M—
Operating Lease Liability Payments - Thereafter (Lessee)$24.2M———$29M—
Long-term debt$2.1B$1.7B$1.8B$1.6B$1.5B$1.5B
Retirement and nonpension postretirement benefit obligations$131.7M$136.4M$148M$148.3M$135.6M$132.9M
Operating lease liabilities, non-current$90.7M$87.8M$105.3M$107.9M$105M$108.7M
Other non-current liabilities$157.9M$159.7M$202.3M$206.5M$204.6M$202.7M
Total Carrying Value of Debt$2.2B$1.8B$1.8B$1.6B$1.6B$1.6B
Total liabilities$3.5B$3.1B$3.2B$3.1B$3.1B$3.2B
Unrecognized Tax Benefits$11.7M$11.6M$10.9M$11.6M$10.3M$10.5M
Unrecognized Tax Benefits - Impacting Effective Tax Rate$10M———$8.9M—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued$2M———$1.5M—

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$242.7M$234.7M$231M$229.8M$232M$231.6M
Deferred Tax Assets and Other Non-Current Assets$34.8M$210.1M$227.7M$237.4M$34M$223M
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$89.7M$89.8M$111.4M$111M$111M$107.8M
Finite Lived Intangible Assets - Gross$1.7B$1.7B$2.2B$2.2B$2.2B$2.2B
Goodwill$2.2B$2.2B$2.7B$2.7B$2.7B$2.7B
Goodwill and Intangible Assets, Net$322.2M———$303.8M—
Indefinite-Lived Intangible Assets$370.5M———$367.6M—
Indefinite-Lived Intangible Assets, Gross$370.5M———$367.6M—
Indefinite-Lived Research and Development Assets$370.5M———$367.6M—
Indefinite-Lived Trademarks$370.5M———$367.6M—
Intangible Assets Gross (Excluding Goodwill)$2.1B$2.1B$2.5B$2.5B$2.5B$2.5B
Intangible assets, net$1.2B$1.2B$1.6B$1.5B$1.5B$1.5B
Net Investment in Lease$107.2M$105.9M$126.5M$130.9M$128.6M$132.8M
Net Operating Loss Carryforwards$330.6M———$378.8M—
Accounts and notes receivable$473.1M$548.6M$733.1M$718.2M$693M$828.5M
Assets, Noncurrent (Excluding Property, Plant And Equipment)$5B$4B$4.9B$4.8B$4.8B$4.7B
Deferred tax assets$57M$57.2M$55.6M$58.9M$46.7M$46.7M
Intangible assets — net$1.2B$1.2B$1.6B$1.5B$1.5B$1.5B
Other intangible assets—net$1.6B$1.6B$2B$1.9B$1.9B$1.8B
Machinery and equipment$565.6M$583.1M$614.6M$620.7M$651.1M$660.9M
Operating lease right-of-use assets$107.2M$105.9M$126.5M$130.9M$128.6M$132.8M
Other non-current assets$213.6M$210.1M$227.7M$237.4M$223.3M$223M
Property, plant and equipment at cost$811.4M$829.7M$899.6M$920M$965.1M$981.6M
Operating lease right-of-use assets$0.1$105.9M$126.5M$130.9M$128.6M$132.8M
Operating Lease Right-of-Use Assets in Other Assets$107.2M$105.9M$126.5M$130.9M$128.6M$132.8M
Other non-current assets$34M$32.3M$29M$29.6M$29.2M$24.3M
Accumulated depreciation$463.5M$481.6M$503.7M$518.4M$530.6M$541.5M
Buildings and improvements$177.1M$181.5M$204.4M$207.2M$220M$226.6M
Construction in progress$47.2M$43.2M$52.5M$64M$65.7M$66.2M
Land$21.5M$21.9M$28.1M$28.1M$28.3M$27.9M
Machinery and equipment$565.6M$583.1M$614.6M$620.7M$651.1M$660.9M
Property and equipment, net$347.9M$348.1M$395.9M$401.6M$434.5M$440.1M
Software and Technology Licenses, Net$213.6M$210.1M$227.7M$237.4M$223.3M$223M
Total assets$6.7B$6.7B$6.7B$6.8B$6.9B$7B