VRT · Vertiv Holdings Co - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · VRT

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$10.23B	$8.01B	$6.86B	$5.69B	$5.00B	$4.37B
Cost of Revenue	$6.51B	$5.08B	$4.46B	$4.08B	$3.48B	$2.90B
Gross Profit	$3.72B	$2.93B	$2.40B	$1.62B	$1.52B	$1.47B
R&D	$441.70M	$352.10M	$303.50M	$282.00M	$266.40M	$228.60M
SG&A	$1.62B	$1.37B	$1.31B	$1.18B	$1.11B	$1.01B
Total Operating Expenses	-	-	-	-	-	-
D&A	$308.60M	$277.00M	$271.00M	$302.40M	$227.00M	$203.10M
Operating Income	$1.83B	$1.37B	$872.20M	$223.40M	$213.50M	($110.90M)
Interest Expense	$86.10M	$150.40M	$180.10M	$147.30M	$90.60M	$150.40M
Income Tax	$409.10M	$269.60M	$73.50M	$90.40M	$46.60M	$72.70M
Net Income	$1.33B	$495.80M	$460.20M	$76.60M	$119.60M	($183.60M)
EPS - Basic	$3.49	$1.32	$1.21	$0.20	$0.34	($0.60)
EPS - Diluted	$3.41	$1.28	$1.19	($0.04)	$0.33	($0.60)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$1.73B	$1.23B	$780.40M	$260.60M	$439.10M	$215.10M
Accounts Receivable	$3.11B	$2.36B	$2.19B	$1.89B	$1.54B	$1.35B
Inventory	$1.46B	$1.24B	$884.30M	$822.00M	$616.30M	$446.60M
Accounts Payable	$1.76B	$1.32B	$986.40M	$984.00M	$858.50M	$730.50M
Current Assets	$6.82B	$5.10B	$4.00B	$3.16B	$2.70B	$2.52B
Total Assets	$12.21B	$9.13B	$8.00B	$7.10B	$6.94B	$5.07B
Current Liabilities	$4.41B	$3.10B	$2.31B	$1.90B	$1.85B	$1.67B
Long-term Debt	$2.89B	$2.91B	$2.92B	$3.17B	$2.95B	$2.13B
Total Liabilities	$8.27B	$6.70B	$5.98B	$5.65B	$5.52B	$4.41B
Stockholders' Equity	$3.94B	$2.43B	$2.01B	$1.44B	$1.42B	$668.30M
Retained Earnings	$1.03B	($238.30M)	($691.90M)	($1.14B)	($1.22B)	($1.19B)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$2.11B	$1.32B	$900.50M	($152.80M)	$210.90M	$208.90M
Investing Cash Flow	($1.50B)	($201.70M)	($139.10M)	($112.10M)	($1.22B)	($45.70M)
Financing Cash Flow	($72.30M)	($652.10M)	($247.50M)	$100.20M	$914.90M	$140.70M
CapEx	$220.00M	$167.00M	$127.90M	$100.00M	$73.40M	$44.40M
Free Cash Flow	$1.89B	$1.15B	$772.60M	($252.80M)	$137.50M	$164.50M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	36.3%	36.6%	35.0%	28.4%	30.5%	33.7%
Operating margin	17.9%	17.1%	12.7%	3.9%	4.3%	-2.5%
EBITDA margin	20.9%	20.5%	16.7%	9.2%	8.8%	2.1%
Net margin	13.0%	6.2%	6.7%	1.3%	2.4%	-4.2%
Free cash flow margin	18.5%	14.4%	11.3%	-4.4%	2.8%	3.8%
FCF / Net income	1.42	2.32	1.68	-3.30	1.15	-0.90
R&D / Revenue	4.3%	4.4%	4.4%	5.0%	5.3%	5.2%
SG&A / Revenue	15.8%	17.1%	19.1%	20.7%	22.2%	23.1%
Effective tax rate	23.5%	35.2%	13.8%	54.1%	28.0%	-
Return on assets	10.9%	5.4%	5.8%	1.1%	1.7%	-3.6%
Return on equity	33.8%	20.4%	22.8%	5.3%	8.4%	-27.5%
Return on invested capital	20.5%	16.6%	15.2%	2.4%	3.5%	-3.1%
Liquidity
Current ratio	1.55	1.65	1.74	1.66	1.45	1.51
Quick ratio	1.22	1.25	1.35	1.23	1.12	1.24
Cash ratio	0.39	0.40	0.34	0.14	0.24	0.13
Leverage
Debt / Equity	0.73	1.19	1.45	2.20	2.08	3.19
Debt / Assets	0.24	0.32	0.36	0.45	0.43	0.42
Debt / EBITDA	1.35	1.77	2.55	6.03	6.70	23.11
Interest coverage	21.3x	9.1x	4.8x	1.5x	2.4x	-0.7x
Equity multiplier	3.10	3.75	3.97	4.92	4.89	7.59
Liabilities / Assets	0.68	0.73	0.75	0.80	0.80	0.87
Efficiency
Asset turnover	0.84	0.88	0.86	0.80	0.72	0.86
Inventory turnover	4.47	4.08	5.05	4.96	5.64	6.49
Days sales outstanding	111d	108d	116d	121d	112d	113d
Days inventory outstanding	82d	89d	72d	74d	65d	56d
Days payable outstanding	98d	95d	81d	88d	90d	92d
Cash conversion cycle	94d	102d	108d	107d	87d	77d
Valuation
P / E	47.5x	88.8x	40.4x	-	75.7x	-
P / B	16.1x	18.0x	9.2x	3.6x	6.3x	8.6x
P / S	6.2x	5.5x	2.7x	0.9x	1.8x	1.3x
EV / EBITDA	30.1x	27.7x	18.1x	15.4x	26.1x	83.0x
Growth
Revenue growth (YoY)	27.7%	16.7%	20.6%	13.9%	14.4%	-
Revenue CAGR (3y)	21.6%	17.0%	16.2%	-	-	-
Revenue CAGR (5y)	18.5%	-	-	-	-	-
Gross profit growth (YoY)	26.6%	22.2%	48.5%	6.1%	3.3%	-
Operating income growth (YoY)	33.8%	56.8%	290.4%	4.6%	-	-
Net income growth (YoY)	168.8%	7.7%	500.8%	-36.0%	-	-
EPS growth (YoY)	166.4%	7.6%	-	-	-	-
EPS CAGR (3y)	-	57.1%	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	64.3%	49.1%	-	-	-16.4%	-
FCF CAGR (5y)	63.0%	-	-	-	-	-
Book value growth (YoY)	61.9%	20.8%	39.7%	1.7%	112.1%	13266.0%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$10.23B total

Americas Segment$6.39B · 62.4%

Asia Pacific Segment$2.02B · 19.7%

EMEASegment$1.82B · 17.8%

Product / service

$16.62B total

Product$8.39B · 50.5%

Product Excluding Spares$5.27B · 31.7%

Service$1.84B · 11.1%

Services And Spares$1.12B · 6.7%

Geographic

$10.23B total

US$6.01B · 58.8%

Asia$2.02B · 19.7%

Europe$1.47B · 14.4%

Latin America And Canada$436.90M · 4.3%

Middle East And Africa$284.50M · 2.8%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.71

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
✗Current ratio improved
✗No share dilution
✗Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Electronic Components, NEC

Company	Revenue (last FY)	Net margin	ROE
PI	$361.07M	-3.0%	-5.2%
vicr	$407.70M	29.1%	16.7%
AEIS	$1.80B	8.2%	10.9%
MVIS	$1.21M	-7862.7%	-171.0%
MPTI	$54.42M	15.5%	13.4%

Comparing Vertiv Holdings Co against the 5 most active filers in the same SIC group.

Dividends

$0.20/share trailing 12 months · +60.3% YoY

Ex-date	Per share
Mar 17, 2026	$0.0630
Nov 25, 2025	$0.0630
Sep 15, 2025	$0.0380
Jun 16, 2025	$0.0380
Mar 18, 2025	$0.0380
Dec 3, 2024	$0.0380
Sep 17, 2024	$0.0250
Jun 17, 2024	$0.0250
Mar 18, 2024	$0.0250
Dec 8, 2023	$0.0250
Nov 29, 2022	$0.0100
Nov 30, 2021	$0.0100
Dec 1, 2020	$0.0100