Non-Current Assets

Construction in progress

nVent Electric plc Construction 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 in progress shows an upward trend with a 16.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
Parent metricPP&E (Net)

How to read this metric

A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.

Detailed definition

The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....

Peer comparison

Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.

Metric ID: ppe_construction_in_progress

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$37.20M$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%+5.1%-15.1%+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%+7.2%-4.0%+2.6%+17.8%+26.9%+36.7%+34.3%+53.5%+39.2%+53.2%
% of PP&E (Net)10.3%8.4%8.8%8.7%7.6%8.2%12.0%11.2%10.1%9.5%11.6%8.2%10.2%12.4%13.6%12.4%13.3%15.9%15.1%15.0%
Share Change-1.8pp+0.3pp-0.0pp-1.1pp+0.6pp+3.8pp-0.8pp-1.2pp-0.6pp+2.1pp-3.4pp+1.9pp+2.3pp+1.1pp-1.2pp+0.9pp+2.7pp-0.8pp-0.1pp
Range$21.20M$66.20M
CAGR+18.2%
Avg YoY Growth+27.2%
Median YoY Growth+32.7%
Current Streak4 quarters growth

Construction in progress at Other Companies

Frequently Asked Questions

What is nVent Electric plc's construction in progress?
nVent Electric plc (NVT) reported construction in progress of $66.20M 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 $43.20M to $66.20M.
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 $30.30M to $65.70M.
What does construction in progress mean?
The value of capital projects currently being built but not yet in use.