nVent Electric plc NVT Electrical Connections — Depreciation
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Where this comes from
Reported directly by nVent Electric plc in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
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 electrical connections — depreciation?
- nVent Electric plc (NVT) reported electrical connections — depreciation of $6.2M in Q1 2026.
- How has nVent Electric plc's electrical connections — depreciation changed year-over-year?
- nVent Electric plc's electrical connections — depreciation increased by 6.9% year-over-year, from $5.8M to $6.2M.
- What is the long-term trend for nVent Electric plc's electrical connections — depreciation?
- Over 4 years (2021 to 2025), nVent Electric plc's electrical connections — depreciation has grown at a 24.3% compound annual growth rate (CAGR), from $10.1M to $24.1M.
- What does electrical connections — depreciation mean?
- This metric represents the systematic allocation of the cost of tangible assets used within the electrical and fastening solutions business segment over their useful lives. It reflects the non-cash expense associated with the wear and tear or obsolescence of machinery, equipment, and facilities dedicated to manufacturing electrical connection products. Monitoring this figure helps analysts understand the capital intensity and asset base aging profile of the segment.