Discontinued — last reported Q2 '21

Non-Current Liabilities

Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued

nVent Electric plc Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued decreased by 25.0% to $1.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 25.0%, from $2.00M to $1.50M. Over 5 years (FY 2020 to FY 2025), Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued shows a downward trend with a -8.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ2 2021

How to read this metric

An increase suggests either a longer duration of unresolved tax issues or an increase in the underlying uncertain tax positions.

Detailed definition

This represents the cumulative accrual of interest and penalties associated with uncertain tax positions. It reflects th...

Peer comparison

Standard disclosure for large firms; peers in highly regulated industries often maintain these reserves.

Metric ID: unrecognized_tax_benefits_interest_penalties

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$2.10M$2.00M$2.10M$2.00M$1.50M
QoQ Change-4.8%+5.0%-4.8%-25.0%
YoY Change-4.8%+5.0%-4.8%-25.0%
Range$1.50M$2.10M
CAGR-28.6%
Avg YoY Growth-7.4%
Median YoY Growth-4.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is nVent Electric plc's unrecognized tax benefits - income tax penalties and interest accrued?
nVent Electric plc (NVT) reported unrecognized tax benefits - income tax penalties and interest accrued of $1.50M in Q4 2025.
How has nVent Electric plc's unrecognized tax benefits - income tax penalties and interest accrued changed year-over-year?
nVent Electric plc's unrecognized tax benefits - income tax penalties and interest accrued decreased by 25.0% year-over-year, from $2.00M to $1.50M.
What is the long-term trend for nVent Electric plc's unrecognized tax benefits - income tax penalties and interest accrued?
Over 5 years (2020 to 2025), nVent Electric plc's unrecognized tax benefits - income tax penalties and interest accrued has grown at a -8.2% compound annual growth rate (CAGR), from $2.30M to $1.50M.
What does unrecognized tax benefits - income tax penalties and interest accrued mean?
The total interest and penalties the company has set aside for potential tax disputes.