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nVent Electric plc NVT Work in process

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Other financials

Income statement

Revenue$1.2B+53.5%

Gross profit$445.6M+42.0%

Operating income$195.7M+50.5%

Net income$142.4M-60.5%

EPS (diluted)$0.87-59.7%

Balance sheet

Cash & equivalents$190.0M-85.9%

Total debt$1.7B-9.5%

Total equity$3.8B+5.0%

Total assets$7.0B+3.5%

Cash flow

Operating cash flow$85.2M+41.5%

CapEx$36.1M+71.1%

Free cash flow$49.1M+25.6%

Valuation

Market cap$27.43B+104%

Enterprise value$28.94B+89.1%

P/E55.8×+32.9×

P/S6.3×+2.3×

Profitability

Gross margin37%-2.9pp

Operating margin15.8%-1.3pp

Net margin11.4%-7.7pp

FCF margin9.6%-7.7pp

Returns & leverage

Return on equity13.3%-3.9pp

Debt / equity0.4×-0.1×

Current ratio1.7×-1.2×

Where this comes from

Reported directly by nVent Electric plc in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcess.

The official record: nVent Electric plc’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is nVent Electric plc's work in process?: nVent Electric plc (NVT) reported work in process of $40.8M in Q1 2026.
How has nVent Electric plc's work in process changed year-over-year?: nVent Electric plc's work in process increased by 121.7% year-over-year, from $18.4M to $40.8M.
What is the long-term trend for nVent Electric plc's work in process?: Over 5 years (2020 to 2025), nVent Electric plc's work in process has grown at a 5.0% compound annual growth rate (CAGR), from $24.4M to $31.2M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.