nVent Electric plc Electrical Connections — Depreciation increased by 1.6% to $6.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $5.80M to $6.20M. Over 4 years (FY 2021 to FY 2025), Electrical Connections — Depreciation shows an upward trend with a 24.3% CAGR.
An increase may indicate a larger asset base or recent capital investments, while a decrease could suggest aging equipment or reduced asset utilization.
This metric represents the systematic allocation of the cost of tangible assets used within the electrical and fastening...
Comparable to depreciation and amortization expenses reported by industrial manufacturing peers within their specific electrical component segments.
nvt_segment_electrical_connections_depreciation| 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 | $2.53M | $2.53M | $2.53M | $2.63M | $2.63M | $2.63M | $2.63M | $4.08M | $4.08M | $4.08M | $4.08M | $5.30M | $5.40M | $5.50M | $5.60M | $5.80M | $6.10M | $6.10M | $6.10M | $6.20M |
| QoQ Change | — | +0.0% | +0.0% | +4.0% | +0.0% | +0.0% | +0.0% | +55.2% | +0.0% | +0.0% | +0.0% | +30.1% | +1.9% | +1.9% | +1.8% | +3.6% | +5.2% | +0.0% | +0.0% | +1.6% |
| YoY Change | — | — | — | — | +4.0% | +4.0% | +4.0% | +55.2% | +55.2% | +55.2% | +55.2% | +30.1% | +32.5% | +35.0% | +37.4% | +9.4% | +13.0% | +10.9% | +8.9% | +6.9% |