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nVent Electric plc NVT Construction in progress

Construction in progress at other companies

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$51.2M+24.0%

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$24.55B+88.6%
Enterprise value$26.05B+76.2%
P/E49.9×+27.7×
P/S5.7×+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:ConstructionInProgressGross.

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 construction in progress?
nVent Electric plc (NVT) reported construction in progress of $66.2M in Q1 2026.
How has nVent Electric plc's construction in progress changed year-over-year?
nVent Electric plc's construction in progress increased by 53.2% year-over-year, from $43.2M to $66.2M.
What is the long-term trend for nVent Electric plc's construction in progress?
Over 5 years (2020 to 2025), nVent Electric plc's construction in progress has grown at a 16.7% compound annual growth rate (CAGR), from $30.3M to $65.7M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.