nVent Electric (NVT) Work In Process (2017 - 2026)
nVent Electric's Work In Process came in at $46.4 million for Q2 2026, up 101.7% from $23 million a year earlier and up 13.7% from the prior quarter.
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Analysis
nVent Electric (NVT) Work In Process (2017 - 2026) Analysis & Trends
At the end of FY2025, nVent Electric's Work In Process was $31.2 million, up 97.5% from FY2024.
- Work In Process carries a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- Going back by year, Work In Process was $15.8 million in FY2024 (-32.8%), $23.5 million in FY2023 (-35.1%), $36.2 million in FY2022 (+8.7%) and $33.3 million in FY2021 (+36.5%).
- The Q2 2026 figure represents the highest quarterly Work In Process in data going back to Q4 2017.
- Year-over-year, Work In Process has increased for four consecutive quarters, with growth averaging 25.0% over the last eight quarters.
- The fastest year-over-year change in Work In Process over five years came in Q1 2026 (growth of 121.7%), and the weakest in Q3 2024 (a decline of 43.6%).
- Business Quant data shows NVT's Work In Process at $40.8 million (Q1 2026), $31.2 million (Q4 2025) and $26.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 332.71 Bn | 304.41 Bn | 7.76 Bn |
| 2 | Amphenol | 194.01 Bn | 188.59 Bn | 3.55 Bn |
| 3 | Deere | 171.13 Bn | 139.22 Bn | 4.66 Bn |
| 4 | Eaton | 147.82 Bn | 145.00 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 118.15 Bn | 116.27 Bn | 2.25 Bn |
| 6 | 3M | 89.19 Bn | 70.59 Bn | 2.68 Bn |
| 7 | Emerson Electric | 88.86 Bn | 81.60 Bn | 2.66 Bn |
| 8 | Vertiv Holdings | 78.27 Bn | 68.89 Bn | 1.23 Bn |
| 9 | Illinois Tool Works | 78.14 Bn | 74.70 Bn | 1.90 Bn |
| 10 | nVent Electric | 22.67 Bn | 21.86 Bn | 558.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 46.40 Mn |
| Mar 31, 2026 | 40.80 Mn |
| Dec 31, 2025 | 31.20 Mn |
| Sep 30, 2025 | 26.40 Mn |
| Jun 30, 2025 | 23.00 Mn |
| Mar 31, 2025 | 18.40 Mn |
| Dec 31, 2024 | 15.80 Mn |
| Sep 30, 2024 | 20.80 Mn |
| Jun 30, 2024 | 32.20 Mn |
| Mar 31, 2024 | 32.20 Mn |
| Dec 31, 2023 | 23.50 Mn |
| Sep 30, 2023 | 36.90 Mn |
| Jun 30, 2023 | 46.30 Mn |
| Mar 31, 2023 | 41.60 Mn |
| Dec 31, 2022 | 36.20 Mn |
| Sep 30, 2022 | 38.40 Mn |
| Jun 30, 2022 | 37.60 Mn |
| Mar 31, 2022 | 38.70 Mn |
| Dec 31, 2021 | 33.30 Mn |
| Sep 30, 2021 | 32.90 Mn |
API Access
nVent Electric Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=NVT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "NVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=NVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();