Vertiv Holdings Co financials

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VRT CIK 0001674101

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:20:46Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 1.89B 1.15B 772.60M -252.80M 137.50M 164.50M
EBITDA 2.14B 1.64B 1.14B 525.80M 486.90M 416.60M
Working Capital 2.41B 2.00B 1.70B 1.26B 843.80M 777.20M
Net Debt 1.50B 1.91B 2.34B 3.11B 2.69B 1.77B
Gross Margin 36.32% 36.62% 34.98% 28.39% 30.47% 33.72%
Operating Margin 17.89% 17.07% 12.71% 3.93% 5.20% 4.88%
Net Margin 13.03% 6.19% 6.71% 1.35% 2.39% -7.49%
Return on Equity (ROE) 33.82% 20.37% 22.84% 5.31% 8.44% -63.91%
Return on Assets (ROA) 10.91% 5.43% 5.75% 1.08% 1.72% -6.45%
Current Ratio 1.5474 1.6473 1.7357 1.6643 1.4549 1.4463
Debt-to-Equity 0.8189 1.2901 1.5508 2.3348 2.2064 4.4954
Effective Tax Rate 23.49% 35.22% 13.77% 54.13% 28.04% -28.55%
Cash Conversion Ratio 1.586 2.661 1.9568 -1.9948 1.7634 -0.6383
Accruals Ratio -0.064 -0.0902 -0.055 0.0323 -0.0132 -0.1057
SBC % of Revenue 0.45% 0.43% 0.36% 0.43% 0.46% 0.30%
CapEx Coverage 9.6082 7.9 7.0407 -1.528 2.8733 4.705
Free Cash Flow Per Share $4.85 $2.98 $2.00 $-0.67 $0.38 $0.54

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 47.5103 88.7578 40.3613 — 75.6667 —
P/FCF 33.4193 38.0897 24.0102 — 65.4007 34.8516
FCF Yield 2.99% 2.63% 4.16% — 1.53% 2.87%
EV / EBITDA 29.6856 27.4658 18.0911 15.7108 24.795 19.5706
P/S 6.0585 5.3985 2.6718 0.9057 1.8775 1.461
P/B 15.7251 17.7676 9.1009 3.575 6.619 12.4694

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 10.23B 8.01B 6.86B 5.69B 5.00B 4.37B
Cost of Goods and Services Sold 6.51B 5.08B 4.46B 4.08B 3.48B 2.90B
Research and Development Expense 441.70M 367.60M 303.50M 282.00M 266.40M 228.60M
Selling, General and Administrative Expense 1.62B 1.37B 1.31B 1.18B 1.11B 1.01B
Operating Income (Loss) 1.83B 1.37B 872.20M 223.40M 259.90M 213.50M
Income Tax Expense (Benefit) 409.10M 269.60M 73.50M 90.40M 46.60M 72.70M
Net Income (Loss) Attributable to Parent 1.33B 495.80M 460.20M 76.60M 119.60M -327.30M
Earnings Per Share, Basic $3.49 $1.32 $1.21 $0.20 $0.34 $-1.07
Weighted Average Number of Shares Outstanding, Basic 381.71M 376.42M 380.14M 376.73M 355.54M 307.08M
Earnings Per Share, Diluted $3.41 $1.28 $1.19 $-0.04 $0.33 $-1.07
Weighted Average Number of Shares Outstanding, Diluted 390.65M 386.33M 386.23M 378.22M 360.14M 307.08M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 1.73B 1.23B 780.40M 260.60M 439.10M 534.60M
Assets, Current 6.82B 5.10B 4.00B 3.16B 2.70B 2.52B
Assets 12.21B 9.13B 8.00B 7.10B 6.94B 5.07B
Long-term Debt 2.91B 2.93B 2.94B 3.19B 2.97B 2.15B
Liabilities, Current 4.41B 3.10B 2.31B 1.90B 1.85B 1.74B
Long-term Debt, Excluding Current Maturities 2.89B 2.91B 2.92B 3.17B 2.95B 2.13B
Liabilities 8.27B 6.70B 5.98B 5.65B 5.52B 4.56B
Stockholders' Equity Attributable to Parent 3.94B 2.43B 2.01B 1.44B 1.42B 512.10M
Common Stock, Shares, Outstanding 382.55M 380.70M 381.79M 377.37M 375.80M 342.02M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 2.11B 1.32B 900.50M -152.80M 210.90M 208.90M
Payments to Acquire Property, Plant, and Equipment 220.00M 167.00M 127.90M 100.00M 73.40M 44.40M
Net Cash Provided by (Used in) Investing Activities -1.50B -201.70M -139.10M -112.10M -1.22B -45.70M
Payments for Repurchase of Common Stock 0 599.90M 0 0 — —
Payments of Dividends 66.60M 42.20M 9.50M 3.80M 3.80M 3.30M
Net Cash Provided by (Used in) Financing Activities -72.30M -652.10M -247.50M 100.20M 914.90M 140.70M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

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Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

17 concepts 3 units
Unit US$ · 13 concepts
Label Value Period
Other Operating Income (Expense), Net -31.80M 2026-01-01 → 2026-03-31
Revenue from Contract with Customer, Excluding Assessed Tax 2.65B 2026-01-01 → 2026-03-31
Interest Expense -4.40M 2026-01-01 → 2026-03-31
Cost of Goods and Services Sold 1.65B 2026-01-01 → 2026-03-31
Amortization of Intangible Assets 80.20M 2026-01-01 → 2026-03-31
Restructuring Charges -4.90M 2026-01-01 → 2026-03-31
Selling, General and Administrative Expense 456.70M 2026-01-01 → 2026-03-31
Operating Income (Loss) 440.10M 2026-01-01 → 2026-03-31
Foreign Currency Transaction Gain (Loss), before Tax 1.60M 2026-01-01 → 2026-03-31
Gain (Loss) on Extinguishment of Debt -6.20M 2026-01-01 → 2026-03-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 438.30M 2026-01-01 → 2026-03-31
Income Tax Expense (Benefit) 48.20M 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Parent 390.10M 2026-01-01 → 2026-03-31
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 382.92M 2026-01-01 → 2026-03-31
Weighted Average Number of Shares Outstanding, Diluted 392.13M 2026-01-01 → 2026-03-31
Unit US$ / share · 2 concepts
Label Value Period
Earnings Per Share, Basic $1.02 2026-01-01 → 2026-03-31
Earnings Per Share, Diluted $0.99 2026-01-01 → 2026-03-31

Comprehensive Income

6 concepts 1 unit

Balance Sheet

46 concepts 3 units
Unit US$ · 38 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 2.15B as of 2026-03-31
Restricted Cash and Cash Equivalents, Current 40.60M as of 2026-03-31
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent 349.90M as of 2026-03-31
Accounts Receivable, Allowance for Credit Loss, Current 26.60M as of 2026-03-31
Accounts Receivable, after Allowance for Credit Loss, Current 3.15B as of 2026-03-31
Inventory, Net 1.83B as of 2026-03-31
Other Assets, Current 500.80M as of 2026-03-31
Assets, Current 7.98B as of 2026-03-31
Operating Lease, Right-of-Use Asset 330.80M as of 2026-03-31
Property, Plant and Equipment, Net 997.50M as of 2026-03-31
Goodwill 2.02B as of 2026-03-31
Intangible Assets, Net (Excluding Goodwill) 1.81B as of 2026-03-31
Other Assets, Noncurrent 79.70M as of 2026-03-31
Deferred Income Tax Assets, Net 177.80M as of 2026-03-31
Restructuring Reserve 35.30M as of 2026-03-31
Assets 13.40B as of 2026-03-31
Accounts Payable, Current 1.95B as of 2026-03-31
Employee-related Liabilities, Current 122.30M as of 2026-03-31
Accrued Income Taxes, Current 73.50M as of 2026-03-31
Accrued Liabilities, Current 856.20M as of 2026-03-31
Contract with Customer, Liability, Current 2.46B as of 2026-03-31
Long-term Debt 2.92B as of 2026-03-31
Business Combination, Contingent Consideration, Liability 177.30M as of 2026-03-31
Long-term Debt, Current Maturities 0 as of 2026-03-31
Other Liabilities, Current 406.20M as of 2026-03-31
Liabilities, Current 5.34B as of 2026-03-31
Long-term Debt, Excluding Current Maturities 2.92B as of 2026-03-31
Contract with Customer, Liability, Noncurrent 145.30M as of 2026-03-31
Deferred Income Tax Liabilities, Net 221.20M as of 2026-03-31
Other Liabilities, Noncurrent 398.20M as of 2026-03-31
Liabilities 9.16B as of 2026-03-31
Preferred Stock, Value, Issued 0 as of 2026-03-31
Common Stock, Value, Issued 0 as of 2026-03-31
Additional Paid in Capital 2.93B as of 2026-03-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -76.20M as of 2026-03-31
Retained Earnings (Accumulated Deficit) 1.39B as of 2026-03-31
Stockholders' Equity Attributable to Parent 4.24B as of 2026-03-31
Liabilities and Equity 13.40B as of 2026-03-31
Unit shares · 6 concepts
Label Value Period
Preferred Stock, Shares Authorized 5.00M as of 2026-03-31
Preferred Stock, Shares Issued 0 as of 2026-03-31
Preferred Stock, Shares Outstanding 0 as of 2026-03-31
Common Stock, Shares Authorized 700.00M as of 2026-03-31
Common Stock, Shares, Issued 383.95M as of 2026-03-31
Common Stock, Shares, Outstanding 383.95M as of 2026-03-31
Unit US$ / share · 2 concepts
Label Value Period
Preferred Stock, Par or Stated Value Per Share $0.00 as of 2026-03-31
Common Stock, Par or Stated Value Per Share $0.00 as of 2026-03-31

Cash Flow Statement

33 concepts 1 unit
Unit US$ · 33 concepts
Label Value Period
Depreciation 27.50M 2026-01-01 → 2026-03-31
Amortization of Debt Issuance Costs and Discounts 1.60M 2026-01-01 → 2026-03-31
Depreciation, Depletion and Amortization 107.70M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Noncash Expense 17.00M 2026-01-01 → 2026-03-31
Proceeds from Sale of Short-term Investments 100.00M 2026-01-01 → 2026-03-31
Payments for Restructuring 4.00M 2026-01-01 → 2026-03-31
Deferred Income Taxes and Tax Credits -28.20M 2026-01-01 → 2026-03-31
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 33.20M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Receivable 57.70M 2026-01-01 → 2026-03-31
Increase (Decrease) in Inventories 384.20M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Current Assets 88.50M 2026-01-01 → 2026-03-31
Increase (Decrease) in Contract with Customer, Liability 651.20M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Payable 202.80M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accrued Liabilities -95.40M 2026-01-01 → 2026-03-31
Increase (Decrease) in Income Taxes Payable -400.00K 2026-01-01 → 2026-03-31
Increase (Decrease) in Operating Capital -227.80M 2026-01-01 → 2026-03-31
Other Operating Activities, Cash Flow Statement 17.60M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Operating Activities 766.80M 2026-01-01 → 2026-03-31
Payments to Acquire Property, Plant, and Equipment 112.60M 2026-01-01 → 2026-03-31
Payments for Software 1.40M 2026-01-01 → 2026-03-31
Payments to Acquire Held-to-maturity Securities 348.40M 2026-01-01 → 2026-03-31
Payments to Acquire Businesses, Net of Cash Acquired 400.00K 2026-01-01 → 2026-03-31
Payments to Acquire Interest in Subsidiaries and Affiliates 13.90M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Investing Activities -376.70M 2026-01-01 → 2026-03-31
Proceeds from Issuance of Long-term Debt 2.10B 2026-01-01 → 2026-03-31
Repayments of Senior Debt 2.08B 2026-01-01 → 2026-03-31
Proceeds from Stock Options Exercised 23.50M 2026-01-01 → 2026-03-31
Payments of Dividends 23.90M 2026-01-01 → 2026-03-31
Payment, Tax Withholding, Share-based Payment Arrangement 11.60M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Financing Activities 11.90M 2026-01-01 → 2026-03-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents -600.00K 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 401.40M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.19B as of 2026-03-31

Notes

27 concepts 4 units
Unit US$ · 21 concepts
Label Value Period
Cash and Cash Equivalents, Fair Value Disclosure 2.15B as of 2026-03-31
Operating Lease, Liability, Current 72.30M as of 2026-03-31
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, before Accumulated Depreciation and Amortization 1.55B as of 2026-03-31
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Accumulated Depreciation and Amortization 547.90M as of 2026-03-31
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization 997.50M as of 2026-03-31
Dividends 23.90M 2026-01-01 → 2026-03-31
Inventory, Finished Goods, Net of Reserves 681.50M as of 2026-03-31
Inventory, Work in Process, Net of Reserves 269.50M as of 2026-03-31
Inventory, Raw Materials, Net of Reserves 883.60M as of 2026-03-31
Contract with Customer, Liability, Revenue Recognized 672.50M 2026-01-01 → 2026-03-31
Derivative, Gain (Loss) on Derivative, Net 800.00K 2026-01-01 → 2026-03-31
Standard and Extended Product Warranty Accrual 42.80M as of 2026-03-31
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation 11.60M 2026-01-01 → 2026-03-31
Standard and Extended Product Warranty Accrual, Increase (Decrease) for Preexisting Warranties 5.90M 2026-01-01 → 2026-03-31
Standard and Extended Product Warranty Accrual, Decrease for Payments 6.30M 2026-01-01 → 2026-03-31
Product Warranty Accrual, Current 42.80M as of 2026-03-31
DebtSecuritiesHeldToMaturityFairValueCurrent 349.90M as of 2026-03-31
Assets, Fair Value Disclosure 2.17B as of 2026-03-31
Financial and Nonfinancial Liabilities, Fair Value Disclosure 177.30M as of 2026-03-31
Gain (Loss) on Derivative Used in Net Investment Hedge, after Tax -1.10M 2026-01-01 → 2026-03-31
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net 27.80M as of 2026-03-31
Unit shares · 3 concepts
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 9.21M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation 44,522 2026-01-01 → 2026-03-31
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested, Number of Shares 159,335 2026-01-01 → 2026-03-31
Unit pure · 1 concept
Label Value Period
Effective Income Tax Rate Reconciliation, Percent 0.11 2026-01-01 → 2026-03-31
Unit segment · 2 concepts
Label Value Period
Number of Operating Segments 3 2026-01-01 → 2026-03-31
Number of Reportable Segments 3 2026-01-01 → 2026-03-31

Other

3 concepts 1 unit
Unit US$ · 3 concepts
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 5.40M 2026-01-01 → 2026-03-31
Stock Issued During Period, Value, Employee Benefit Plan 2.90M 2026-01-01 → 2026-03-31
Stock Issued During Period, Value, Stock Options Exercised 23.50M 2026-01-01 → 2026-03-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (VRT CIK 0001674101), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.