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nVent Electric plc NVT Systems Protection — Depreciation

Other segment segments

Electrical Connections
$6.2M+6.9%

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Other financials

Income statement

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Revenue$1.2B+53.5%
Gross profit$445.6M+42.0%
Operating income$195.7M+50.5%
Net income$142.4M-60.5%
EPS (diluted)$0.87-59.7%

Balance sheet

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Cash & equivalents$190.0M-85.9%
Total debt$1.7B-9.5%
Total equity$3.8B+5.0%
Total assets$7.0B+3.5%

Cash flow

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Operating cash flow$85.2M+41.5%
CapEx$36.1M+71.1%
Free cash flow$49.1M+25.6%

Valuation

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Market cap$27.43B+131%
Enterprise value$28.94B+112%
P/E55.8×+35.5×
P/S6.3×+2.8×

Profitability

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Gross margin37%-2.9pp
Operating margin15.8%-1.3pp
Net margin11.4%-7.7pp
FCF margin9.6%-7.7pp

Returns & leverage

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Return on equity13.3%-3.9pp
Debt / equity0.4×-0.1×
Current ratio1.7×-1.2×

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 systems protection — depreciation?
nVent Electric plc (NVT) reported systems protection — depreciation of $9.1M in Q1 2026.
How has nVent Electric plc's systems protection — depreciation changed year-over-year?
nVent Electric plc's systems protection — depreciation increased by 31.9% year-over-year, from $6.9M to $9.1M.
What is the long-term trend for nVent Electric plc's systems protection — depreciation?
Over 4 years (2021 to 2025), nVent Electric plc's systems protection — depreciation has grown at a 13.2% compound annual growth rate (CAGR), from $19.4M to $31.9M.
What does systems protection — depreciation mean?
This metric represents the systematic allocation of the cost of tangible assets used within the segment over their useful lives. It reflects the wear and tear, aging, or obsolescence of machinery, equipment, and facilities dedicated to the production and support of electrical enclosure and protection solutions. Monitoring this expense helps assess the capital intensity of the segment's manufacturing operations.