Discontinued — last reported Q4 '11

Other

Construction work in progress

nVent Electric plc Construction work in progress increased by 0.8% to $66.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.2%, from $43.20M to $66.20M. Over 5 years (FY 2020 to FY 2025), Construction work in progress shows an upward trend with a 16.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2009
Last reportedQ4 2011

How to read this metric

An increase suggests active capital expansion, while a decrease may indicate project completion or a slowdown in capital investment.

Detailed definition

Represents the total accumulated costs for capital projects that are currently under construction and not yet placed int...

Peer comparison

Varies significantly by industry; capital-intensive sectors like aerospace and defense typically maintain higher balances.

Metric ID: other_construction_in_progress_gross

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$29.90M$24.30M$25.50M$25.10M$21.20M$22.40M$34.70M$32.90M$38.10M$35.40M$32.40M$31.60M$39.10M$41.70M$47.20M$43.20M$52.50M$64.00M$65.70M$66.20M
QoQ Change-18.7%+4.9%-1.6%-15.5%+5.7%+54.9%-5.2%+15.8%-7.1%-8.5%-2.5%+23.7%+6.6%+13.2%-8.5%+21.5%+21.9%+2.7%+0.8%
YoY Change-29.1%-7.8%+36.1%+31.1%+79.7%+58.0%-6.6%-4.0%+2.6%+17.8%+45.7%+36.7%+34.3%+53.5%+39.2%+53.2%
Range$21.20M$66.20M
CAGR+18.2%
Avg YoY Growth+27.5%
Median YoY Growth+35.2%
Current Streak4 quarters growth

Frequently Asked Questions

What is nVent Electric plc's construction work in progress?
nVent Electric plc (NVT) reported construction work in progress of $66.20M in Q1 2026.
How has nVent Electric plc's construction work in progress changed year-over-year?
nVent Electric plc's construction work in progress increased by 53.2% year-over-year, from $43.20M to $66.20M.
What is the long-term trend for nVent Electric plc's construction work in progress?
Over 5 years (2020 to 2025), nVent Electric plc's construction work in progress has grown at a 16.7% compound annual growth rate (CAGR), from $30.30M to $65.70M.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.