Non-Current Assets

Operating Lease ROU Assets

nVent Electric plc Operating Lease ROU Assets increased by 3.3% to $132.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 25.4%, from $105.90M to $132.80M. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 23.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ3 2019
Last reportedQ4 2025

How to read this metric

An increase reflects expansion of office footprint or new lease agreements, while a decrease indicates lease expirations or downsizing.

Detailed definition

This asset represents the company's right to use an underlying leased asset, such as office space, over the lease term....

Peer comparison

Standard under IFRS 16 and ASC 842 for all companies with significant real estate leases.

Metric ID: non_current_assets_operating_lease_right_of_use_asset

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$78.40M$81.60M$79.10M$79.10M$74.70M$74.20M$76.40M$82.80M$96.70M$92.80M$99.60M$121.60M$117.80M$107.00M$107.20M$105.90M$126.50M$130.90M$128.60M$132.80M
QoQ Change+4.1%-3.1%+0.0%-5.6%-0.7%+3.0%+8.4%+16.8%-4.0%+7.3%+22.1%-3.1%-9.2%+0.2%-1.2%+19.5%+3.5%-1.8%+3.3%
YoY Change-4.7%-9.1%-3.4%+4.7%+29.5%+25.1%+30.4%+46.9%+21.8%+15.3%+7.6%-12.9%+7.4%+22.3%+20.0%+25.4%
Range$74.20M$132.80M
CAGR+11.7%
Avg YoY Growth+14.1%
Median YoY Growth+17.6%

Frequently Asked Questions

What is nVent Electric plc's operating lease rou assets?
nVent Electric plc (NVT) reported operating lease rou assets of $132.80M in Q1 2026.
How has nVent Electric plc's operating lease rou assets changed year-over-year?
nVent Electric plc's operating lease rou assets increased by 25.4% year-over-year, from $105.90M to $132.80M.
What is the long-term trend for nVent Electric plc's operating lease rou assets?
Over 5 years (2020 to 2025), nVent Electric plc's operating lease rou assets has grown at a 23.0% compound annual growth rate (CAGR), from $45.60M to $128.60M.
What does operating lease rou assets mean?
The value of the company's right to use leased property over the remaining lease term.