Discontinued — last reported Q4 '23
Other — Operating Income (Loss)
nVent Electric plc Other — Operating Income (Loss) decreased by 25.3% to -$24.80M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from -$25.50M to -$24.80M. Over 2 years (FY 2021 to FY 2023), Other — Operating Income (Loss) shows a downward trend with a 17.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates better cost control or higher efficiency in non-core operations, while a decrease signals rising overhead or operational inefficiencies.
Detailed definition
The operating profit or loss for the 'Other' segment, calculated as segment revenue minus operating expenses. This figur...
Peer comparison
Peers typically show negative operating income in this category due to the allocation of corporate administrative and general expenses.
nvt_segment_other_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$17.30M | -$18.20M | -$21.60M | -$19.60M | -$23.40M | -$24.60M | -$25.50M | -$26.70M | -$23.80M | -$19.80M | -$24.80M |
| QoQ Change | — | -5.2% | -18.7% | +9.3% | -19.4% | -5.1% | -3.7% | -4.7% | +10.9% | +16.8% | -25.3% |
| YoY Change | — | — | — | — | -35.3% | -35.2% | -18.1% | -36.2% | -1.7% | +19.5% | +2.7% |
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Frequently Asked Questions
- What is nVent Electric plc's other — operating income (loss)?
- nVent Electric plc (NVT) reported other — operating income (loss) of -$24.80M in Q4 2023.
- How has nVent Electric plc's other — operating income (loss) changed year-over-year?
- nVent Electric plc's other — operating income (loss) increased by 2.7% year-over-year, from -$25.50M to -$24.80M.
- What is the long-term trend for nVent Electric plc's other — operating income (loss)?
- Over 2 years (2021 to 2023), nVent Electric plc's other — operating income (loss) has grown at a 17.4% compound annual growth rate (CAGR), from -$69.00M to -$95.10M.
- What does other — operating income (loss) mean?
- The operating profit or loss specifically attributed to the company's miscellaneous or non-core business segment.