GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » nVent Electric PLC (NYSE:NVT) » Definitions » Gross Property, Plant and Equipment

NVT (nVent Electric) Gross Property, Plant and Equipment : $936 Mil (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is nVent Electric Gross Property, Plant and Equipment?

nVent Electric's quarterly gross PPE increased from Sep. 2024 ($911 Mil) to Dec. 2024 ($919 Mil) and increased from Dec. 2024 ($919 Mil) to Mar. 2025 ($936 Mil).

nVent Electric's annual gross PPE increased from Dec. 2022 ($831 Mil) to Dec. 2023 ($860 Mil) and increased from Dec. 2023 ($860 Mil) to Dec. 2024 ($919 Mil).


nVent Electric Gross Property, Plant and Equipment Historical Data

The historical data trend for nVent Electric's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

nVent Electric Gross Property, Plant and Equipment Chart

nVent Electric Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 763.80 817.40 830.60 860.10 918.60

nVent Electric Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Gross Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,013.80 1,020.50 911.30 918.60 935.60

nVent Electric Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


nVent Electric  (NYSE:NVT) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


nVent Electric Gross Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of nVent Electric's Gross Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


nVent Electric Business Description

Industry
Traded in Other Exchanges
N/A
Address
1000 Great West Road, 8th Floor (East), The Mille, London, GBR, TW8 9DW
nVent is a leading global provider of electrical connection and protection solutions that touches a broad range of end markets including infrastructure, industrial, commercial, and residential. NVent designs, manufacturers, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. North America accounts for the majority of sales.
Executives
Lynnette R Heath officer: EVP & Chief HR Officer 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Jerry W Burris director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Van Der Kolk Robert J. officer: See Remarks below 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Sara E Zawoyski officer: EVP & Chief Financial Officer 1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Randolph A. Wacker officer: SVP & Chief Accounting Officer 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Jon D. Lammers officer: EVP, Gen. Counsel & Secretary C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Michael B Faulconer officer: President - Thermal Management 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Joseph A. Ruzynski officer: President of Enclosures 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Aravind Padmanabhan officer: EVP & Chief Technology Officer 1665 UTICA AVENUE, SUITE 700, ST. LOUIS PARK MN 55416
Randall J Hogan director 5500 WAYZATA BLVD., SUITE 600, GOLDEN VALLEY MN 55416
Beth Wozniak officer: Chief Executive Officer 555 WAYZATA BLVD. SUITE 600, MINNEAPOLIS MN 55419
Greg Scheu director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416
Susan M. Cameron director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353
Danita K Ostling director 1665 UTICA AVENUE, ST. LOUIS PARK MN 55416