Discontinued — last reported Q1 '24
Business Segments · Segment income
Other — Segment income
nVent Electric plc Other — Segment income increased by 27.0% to -$19.50M in Q1 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2024
Rolls up toOperating Income
How to read this metric
An increase indicates improved profitability or reduced costs in non-core segments, while a decrease suggests rising losses or declining performance in these areas.
Detailed definition
Represents the profit or loss generated by the 'Other' business segment after deducting operating expenses. This metric...
Peer comparison
Peers often report this as 'Corporate and Other' or 'Unallocated' income, which typically reflects corporate overhead or non-core business units.
Metric ID:
nvt_segment_other_segment_incomeHistorical Data
2 periods
| Q1 '23 | Q1 '24 | |
|---|---|---|
| Value | -$26.70M | -$19.50M |
| QoQ Change | — | +27.0% |
| YoY Change | — | +27.0% |
Range-$26.70M – -$19.50M
Avg YoY Growth+27.0%
Median YoY Growth+27.0%
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Frequently Asked Questions
- What is nVent Electric plc's other — segment income?
- nVent Electric plc (NVT) reported other — segment income of -$19.50M in Q1 2024.
- What does other — segment income mean?
- The net profit or loss generated by the company's miscellaneous or non-core business activities.