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.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.65B | - | $2.68B | $2.64B | $2.04B | - | $2.07B | $1.95B | $1.64B | - |
| Cost of Revenue | $1.65B | - | $1.67B | $1.74B | $1.35B | - | $1.32B | $1.21B | $1.07B | - |
| Gross Profit | $999.70M | - | $1.01B | $896.60M | $686.50M | - | $756.40M | $741.20M | $566.40M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $456.70M | - | $414.30M | $395.60M | $346.30M | - | $334.60M | $363.80M | $314.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $107.70M | - | $68.90M | $68.40M | $68.70M | - | - | - | $19.80M | - |
| Operating Income | $440.10M | - | $516.70M | $442.40M | $290.70M | - | $371.60M | $336.00M | $202.60M | - |
| Interest Expense | ($4.40M) | - | $22.80M | $21.30M | $25.30M | - | $35.90M | $44.80M | $39.00M | - |
| Income Tax | $48.20M | - | $93.70M | $96.90M | $100.90M | - | $91.90M | $86.60M | ($7.10M) | - |
| Net Income | $390.10M | - | $398.50M | $324.20M | $164.50M | - | $176.60M | $178.10M | ($5.90M) | - |
| EPS - Basic | $1.02 | - | $1.04 | $0.85 | $0.43 | - | $0.47 | $0.48 | ($0.02) | - |
| EPS - Diluted | $0.99 | - | $1.02 | $0.83 | $0.42 | - | $0.46 | $0.46 | ($0.02) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.15B | $1.73B | $1.40B | $1.64B | $1.47B | $1.23B | $908.70M | $579.70M | $275.80M | $780.40M |
| Accounts Receivable | $3.15B | $3.11B | $2.81B | $2.83B | $2.31B | $2.36B | $2.33B | $2.22B | $2.10B | $2.19B |
| Inventory | $1.83B | $1.46B | $1.44B | $1.41B | $1.38B | $1.24B | $1.26B | $1.10B | $987.10M | $884.30M |
| Accounts Payable | $1.95B | $1.76B | $1.72B | $1.61B | $1.41B | $1.32B | $1.24B | $1.10B | $983.70M | $986.40M |
| Current Assets | $7.98B | $6.82B | $6.55B | $6.30B | $5.46B | $5.10B | $4.80B | $4.19B | $3.63B | $4.00B |
| Total Assets | $13.40B | $12.21B | $10.82B | $10.41B | $9.45B | $9.13B | $8.89B | $8.11B | $7.59B | $8.00B |
| Current Liabilities | $5.34B | $4.41B | $3.58B | $3.61B | $3.18B | $3.10B | $3.49B | $3.08B | $2.71B | $2.31B |
| Long-term Debt | $2.92B | $2.89B | $2.90B | $2.90B | $2.90B | $2.91B | $2.91B | $2.91B | $2.92B | $2.92B |
| Total Liabilities | $9.16B | $8.27B | $7.31B | $7.28B | $6.78B | $6.70B | $7.08B | $6.57B | $6.20B | $5.98B |
| Stockholders' Equity | $4.24B | $3.94B | $3.51B | $3.13B | $2.67B | $2.43B | $1.81B | $1.54B | $1.39B | $2.01B |
| Retained Earnings | $1.39B | $1.03B | $606.30M | $222.00M | ($88.00M) | ($238.30M) | ($371.20M) | ($538.40M) | ($707.10M) | ($691.90M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $766.80M | - | - | - | $303.30M | - | - | - | $137.50M | - |
| Investing Cash Flow | ($376.70M) | - | - | - | ($38.80M) | - | - | - | ($36.50M) | - |
| Financing Cash Flow | $11.90M | - | - | - | ($24.90M) | - | - | - | ($603.10M) | - |
| CapEx | $112.60M | - | $36.40M | $45.00M | $36.50M | - | - | - | $35.80M | - |
| Free Cash Flow | $654.20M | - | - | - | $266.80M | - | - | - | $101.70M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 37.7% | - | 37.8% | 34.0% | 33.7% | - | 36.5% | 38.0% | 34.6% | - |
| Operating margin | 16.6% | - | 19.3% | 16.8% | 14.3% | - | 17.9% | 17.2% | 12.4% | - |
| EBITDA margin | 20.7% | - | 21.9% | 19.4% | 17.7% | - | - | - | 13.6% | - |
| Net margin | 14.7% | - | 14.9% | 12.3% | 8.1% | - | 8.5% | 9.1% | -0.4% | - |
| Free cash flow margin | 24.7% | - | - | - | 13.1% | - | - | - | 6.2% | - |
| FCF / Net income | 1.68 | - | - | - | 1.62 | - | - | - | -17.24 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 17.2% | - | 15.5% | 15.0% | 17.0% | - | 16.1% | 18.6% | 19.2% | - |
| Effective tax rate | 11.0% | - | 19.0% | 23.0% | 38.0% | - | 34.2% | 32.7% | - | - |
| Return on assets | 2.9% | - | 3.7% | 3.1% | 1.7% | - | 2.0% | 2.2% | -0.1% | - |
| Return on equity | 9.2% | - | 11.4% | 10.4% | 6.2% | - | 9.7% | 11.6% | -0.4% | - |
| Return on invested capital | 5.5% | - | 6.5% | 5.7% | 3.2% | - | 5.2% | 5.1% | 3.7% | - |
| Liquidity | ||||||||||
| Current ratio | 1.49 | 1.55 | 1.83 | 1.74 | 1.72 | 1.65 | 1.38 | 1.36 | 1.34 | 1.74 |
| Quick ratio | 1.15 | 1.22 | 1.43 | 1.35 | 1.28 | 1.25 | 1.02 | 1.00 | 0.98 | 1.35 |
| Cash ratio | 0.40 | 0.39 | 0.39 | 0.45 | 0.46 | 0.40 | 0.26 | 0.19 | 0.10 | 0.34 |
| Leverage | ||||||||||
| Debt / Equity | 0.69 | 0.73 | 0.83 | 0.93 | 1.09 | 1.19 | 1.60 | 1.90 | 2.09 | 1.45 |
| Debt / Assets | 0.22 | 0.24 | 0.27 | 0.28 | 0.31 | 0.32 | 0.33 | 0.36 | 0.38 | 0.36 |
| Debt / EBITDA | 5.33 | - | 4.95 | 5.68 | 8.08 | - | - | - | 13.11 | - |
| Interest coverage | -100.0x | - | 22.7x | 20.8x | 11.5x | - | 10.4x | 7.5x | 5.2x | - |
| Equity multiplier | 3.16 | 3.10 | 3.08 | 3.33 | 3.54 | 3.75 | 4.90 | 5.27 | 5.45 | 3.97 |
| Liabilities / Assets | 0.68 | 0.68 | 0.68 | 0.70 | 0.72 | 0.73 | 0.80 | 0.81 | 0.82 | 0.75 |
| Efficiency | ||||||||||
| Asset turnover | 0.20 | - | 0.25 | 0.25 | 0.22 | - | 0.23 | 0.24 | 0.22 | - |
| Inventory turnover | 0.90 | - | 1.16 | 1.23 | 0.98 | - | 1.05 | 1.10 | 1.09 | - |
| Days sales outstanding | 434d | - | 383d | 392d | 414d | - | 410d | 415d | 467d | - |
| Days inventory outstanding | 406d | - | 315d | 296d | 374d | - | 348d | 332d | 336d | - |
| Days payable outstanding | 432d | - | 377d | 336d | 381d | - | 344d | 331d | 335d | - |
| Cash conversion cycle | 408d | - | 322d | 351d | 408d | - | 414d | 416d | 468d | - |
| Valuation | ||||||||||
| P / E | 253.1x | - | 147.9x | 154.7x | 171.9x | - | 216.3x | 188.2x | - | - |
| P / B | 23.1x | - | 16.8x | 16.0x | 10.6x | - | 21.1x | 21.6x | 22.2x | - |
| P / S | 37.1x | - | 22.0x | 19.0x | 13.8x | - | 18.4x | 17.0x | 18.9x | - |
| EV / EBITDA | 180.8x | - | 103.3x | 100.5x | 82.4x | - | - | - | 151.1x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 30.1% | - | 29.0% | 35.1% | 24.2% | - | 19.0% | 12.6% | 7.8% | - |
| Revenue CAGR (3y) | 20.3% | - | 21.8% | 23.5% | 20.8% | - | 19.0% | 15.7% | 14.3% | - |
| Revenue CAGR (5y) | 19.3% | - | 20.1% | 18.4% | 17.8% | - | - | - | - | - |
| Gross profit growth (YoY) | 45.6% | - | 33.6% | 21.0% | 21.2% | - | 20.5% | 24.8% | 14.3% | - |
| Operating income growth (YoY) | 51.4% | - | 39.0% | 31.7% | 43.5% | - | 48.1% | 63.3% | 55.5% | - |
| Net income growth (YoY) | 137.1% | - | 125.7% | 82.0% | - | - | 87.7% | 114.1% | - | - |
| EPS growth (YoY) | 135.7% | - | 121.7% | 80.4% | - | - | 91.7% | 109.1% | - | - |
| EPS CAGR (3y) | 102.1% | - | 157.1% | 155.1% | - | - | 45.3% | 148.4% | - | - |
| EPS CAGR (5y) | 61.5% | - | - | 59.7% | - | - | - | - | - | - |
| FCF growth (YoY) | 145.2% | - | - | - | 162.3% | - | - | - | 616.2% | - |
| FCF CAGR (5y) | 71.7% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 59.2% | 61.9% | 93.5% | 103.3% | 91.4% | 20.8% | 5.8% | -7.3% | -10.1% | 39.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$10.23B totalAmericas Segment$6.39B · 62.4%
Asia Pacific Segment$2.02B · 19.7%
EMEASegment$1.82B · 17.8%
Product / service
$16.62B totalProduct$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 totalUS$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%
Peer comparison
Same SIC group: Electronic Components, NEC
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 |