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
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
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 premium paid for an acquisition above the value of its tangible and identifiable assets.