Other

Contract With Customer, Asset (Liability), Net

nVent Electric plc Contract With Customer, Asset (Liability), Net increased by 240.0% to $22.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 34.7%, from $34.30M to $22.40M. Over 5 years (FY 2020 to FY 2025), Contract With Customer, Asset (Liability), Net shows a downward trend with a -14.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026

How to read this metric

Fluctuations reflect changes in the timing of billing versus performance milestones in long-term projects.

Detailed definition

This represents the net position of contract assets and liabilities that do not fall under standard deferred revenue cla...

Peer comparison

Varies significantly based on the specific contract terms and project mix of industrial peers.

Metric ID: other_contract_with_customer_asset_liability_net_2f8257

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$33.20M$26.80M$31.10M$34.90M$36.80M$21.30M$22.90M$20.10M$19.30M$25.50M$17.00M$23.70M$25.30M$26.30M$32.40M$34.30M$600.00K-$7.50M-$16.00M$22.40M
QoQ Change-19.3%+16.0%+12.2%+5.4%-42.1%+7.5%-12.2%-4.0%+32.1%-33.3%+39.4%+6.8%+4.0%+23.2%+5.9%-98.3%<-999%-113.3%+240.0%
YoY Change+10.8%-20.5%-26.4%-42.4%-47.6%+19.7%-25.8%+17.9%+31.1%+3.1%+90.6%+44.7%-97.6%-128.5%-149.4%-34.7%
Range-$16.00M$36.80M
CAGR-8.0%
Avg YoY Growth-22.2%
Median YoY Growth-23.1%

Frequently Asked Questions

What is nVent Electric plc's contract with customer, asset (liability), net?
nVent Electric plc (NVT) reported contract with customer, asset (liability), net of $22.40M in Q1 2026.
How has nVent Electric plc's contract with customer, asset (liability), net changed year-over-year?
nVent Electric plc's contract with customer, asset (liability), net decreased by 34.7% year-over-year, from $34.30M to $22.40M.
What is the long-term trend for nVent Electric plc's contract with customer, asset (liability), net?
Over 5 years (2020 to 2025), nVent Electric plc's contract with customer, asset (liability), net has grown at a -14.1% compound annual growth rate (CAGR), from $34.30M to -$16.00M.
What does contract with customer, asset (liability), net mean?
The net balance of assets and liabilities arising from customer contracts that are not classified as standard deferred revenue.