nVent Electric plc NVT Systems Protection — Cost of goods sold

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Questions, answered.

What is nVent Electric plc's systems protection — cost of goods sold?

nVent Electric plc (NVT) reported systems protection — cost of goods sold of $586.4M in Q1 2026.

How has nVent Electric plc's systems protection — cost of goods sold changed year-over-year?

nVent Electric plc's systems protection — cost of goods sold increased by 80.5% year-over-year, from $324.9M to $586.4M.

What is the long-term trend for nVent Electric plc's systems protection — cost of goods sold?

Over 3 years (2022 to 2025), nVent Electric plc's systems protection — cost of goods sold has grown at a 18.1% compound annual growth rate (CAGR), from $1.02B to $1.69B.

What does systems protection — cost of goods sold mean?

Represents the direct costs attributable to the production of the goods sold by the segment, including raw materials, labor, and manufacturing overhead. Monitoring this metric is essential for assessing the segment's gross margin and manufacturing efficiency.