Operating Lease Liabilities (Current)
nVent Electric plc Operating Lease Liabilities (Current) increased by 5.6% to $32.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 32.2%, from $24.20M to $32.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows an upward trend with a 16.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests an expanding physical footprint or upcoming renewals, while a decrease may indicate store closures or a shift toward asset ownership.
Detailed definition
The portion of operating lease payments due within the next twelve months, representing the short-term obligation for re...
Peer comparison
Retail-heavy tech companies often show higher current lease liabilities compared to pure software firms due to physical storefront presence.
operating_lease_liabilities_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.00M | $17.40M | $17.40M | $17.40M | $16.80M | $16.50M | $17.70M | $19.20M | $22.70M | $22.80M | $19.50M | $26.70M | $27.60M | $22.30M | $22.40M | $24.20M | $27.40M | $29.40M | $30.30M | $32.00M |
| QoQ Change | — | -3.3% | +0.0% | +0.0% | -3.4% | -1.8% | +7.3% | +8.5% | +18.2% | +0.4% | -14.5% | +36.9% | +3.4% | -19.2% | +0.4% | +8.0% | +13.2% | +7.3% | +3.1% | +5.6% |
| YoY Change | — | — | — | — | -6.7% | -5.2% | +1.7% | +10.3% | +35.1% | +38.2% | +10.2% | +39.1% | +21.6% | -2.2% | +14.9% | -9.4% | -0.7% | +31.8% | +35.3% | +32.2% |
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's operating lease liabilities (current)?
- nVent Electric plc (NVT) reported operating lease liabilities (current) of $32.00M in Q1 2026.
- How has nVent Electric plc's operating lease liabilities (current) changed year-over-year?
- nVent Electric plc's operating lease liabilities (current) increased by 32.2% year-over-year, from $24.20M to $32.00M.
- What is the long-term trend for nVent Electric plc's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), nVent Electric plc's operating lease liabilities (current) has grown at a 16.4% compound annual growth rate (CAGR), from $14.20M to $30.30M.
- What does operating lease liabilities (current) mean?
- The amount of rent and lease payments the company must pay in the next year.