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nVent Electric plc NVT Operating Lease Liabilities

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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$26.43B+82.0%
Enterprise value$27.94B+71.4%
P/E53.7×+28.9×
P/S6.1×+1.7×

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:OperatingLeaseLiabilityNoncurrent.

The source filing: nVent Electric plc’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:33 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029370
In millionsMarch 31,2026December 31,2025
Total other current liabilities$514.3$474.2
Other non-current liabilities
Income taxes payable$10.5$10.3
Deferred compensation plan liabilities19.218.8
Cross currency swap liabilities29.836.7
Non-current operating lease liabilities108.7105.0
Other non-current liabilities34.533.8
Total other non-current liabilities$202.7$204.6

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is nVent Electric plc's operating lease liabilities?
nVent Electric plc (NVT) reported operating lease liabilities of $108.7M in Q1 2026.
How has nVent Electric plc's operating lease liabilities changed year-over-year?
nVent Electric plc's operating lease liabilities increased by 23.8% year-over-year, from $87.8M to $108.7M.
What is the long-term trend for nVent Electric plc's operating lease liabilities?
Over 5 years (2020 to 2025), nVent Electric plc's operating lease liabilities has grown at a 24.1% compound annual growth rate (CAGR), from $35.7M to $105M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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