nVent Electric plc NVT Systems Protection — Restructuring costs
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Where this comes from
Reported directly by nVent Electric plc in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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 — restructuring costs?
- nVent Electric plc (NVT) reported systems protection — restructuring costs of $1.4M in Q1 2026.
- How has nVent Electric plc's systems protection — restructuring costs changed year-over-year?
- nVent Electric plc's systems protection — restructuring costs increased by 366.7% year-over-year, from $300K to $1.4M.
- What is the long-term trend for nVent Electric plc's systems protection — restructuring costs?
- Over 4 years (2021 to 2025), nVent Electric plc's systems protection — restructuring costs has grown at a -33.1% compound annual growth rate (CAGR), from $6M to $1.2M.
- What does systems protection — restructuring costs mean?
- Reflects expenses incurred to reorganize business operations, such as facility consolidations or workforce adjustments, to improve long-term efficiency. These costs are typically non-recurring and indicate management's efforts to optimize the segment's cost structure.