nVent Electric (NVT) Payables (2017 - 2026)
nVent Electric (NVT) recorded quarterly Payables of $422.0 million in Q1 2026, up 17.58% quarter-over-quarter from $358.9 million in Q4 2025, and up 49.49% on a YoY basis from $282.3 million in Q1 2025.
nVent Electric (NVT) Payables (2017 - 2026) Analysis & Trends
nVent Electric's Payables history runs 10 years deep, the most recent figure standing at $422.0 million for Q1 2026.
- In Q1 2026, Payables rose 49.49% year-over-year to $422.0 million; the TTM figure through Mar 2026 stood at $422.0 million (up 49.49% YoY), while the FY2025 annual figure was $358.9 million, up 28.13% from the prior year.
- Payables was $422.0 million for Q1 2026 at nVent Electric, up from $358.9 million in the prior quarter.
- In the past five years, Payables ranged from a high of $422.0 million in Q1 2026 to a low of $239.8 million in Q4 2023.
- Historically, Payables has averaged $281.6 million across 5 years, with a median of $263.7 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Payables dropped 13.79% in 2023, then surged 49.49% in 2026.
- A 5-year view of Payables shows it stood at $252.1 million in 2022, then retreated by 4.88% to $239.8 million in 2023, then increased by 16.81% to $280.1 million in 2024, then advanced by 28.13% to $358.9 million in 2025, then advanced by 17.58% to $422.0 million in 2026.
- The last three Payables figures came in at $422.0 million (Q1 2026), $358.9 million (Q4 2025), and $340.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 75.39 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 1.95 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 241.65 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 422.00 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 605.50 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 272.10 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 75.14 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 28.79 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 354.60 Mn |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 383.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 422.00 Mn |
| Dec 31, 2025 | 358.90 Mn |
| Sep 30, 2025 | 340.70 Mn |
| Jun 30, 2025 | 310.30 Mn |
| Mar 31, 2025 | 282.30 Mn |
| Dec 31, 2024 | 280.10 Mn |
| Sep 30, 2024 | 243.40 Mn |
| Jun 30, 2024 | 266.10 Mn |
| Mar 31, 2024 | 263.20 Mn |
| Dec 31, 2023 | 239.80 Mn |
| Sep 30, 2023 | 243.40 Mn |
| Jun 30, 2023 | 241.30 Mn |
| Mar 31, 2023 | 241.10 Mn |
| Dec 31, 2022 | 252.10 Mn |
| Sep 30, 2022 | 258.90 Mn |
| Jun 30, 2022 | 279.90 Mn |
| Mar 31, 2022 | 263.70 Mn |
| Dec 31, 2021 | 261.00 Mn |
| Sep 30, 2021 | 227.50 Mn |
| Jun 30, 2021 | 219.10 Mn |