VRT
Vertiv Holdings Co
NYSE: VRT · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS
$306.18
+0.38% today
Updated 2026-04-29
Market cap
$117.61B
P/E ratio
76.93
P/S ratio
10.85x
EPS (TTM)
$3.98
Dividend yield
0.05%
52W range
$92 – $330
Volume
8.0M
Vertiv Holdings Co (VRT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $3.88B | $4.29B | $4.43B | $4.37B | $5.00B | $5.69B | $6.86B | $8.01B | $10.23B |
| Revenue growth (YoY) | — | +198.0% | +10.5% | +3.4% | -1.4% | +14.4% | +13.9% | +20.6% | +16.7% | +27.7% |
| Cost of revenue | $914.40M | $2.57B | $2.87B | $3.11B | $3.03B | $3.62B | $4.29B | $4.64B | $5.26B | $6.72B |
| Gross profit | $387.45M | $1.31B | $1.42B | $1.32B | $1.34B | $1.38B | $1.40B | $2.22B | $2.75B | $3.51B |
| Gross margin | 29.8% | 33.8% | 33.1% | 29.9% | 30.8% | 27.6% | 24.6% | 32.3% | 34.4% | 34.4% |
| R&D | $129.40M | $166.50M | $198.30M | $229.40M | $228.60M | $266.40M | $282.00M | $303.50M | $352.10M | — |
| SG&A | $303420.00 | $1276.00 | $1.04M | $7.74M | $1.01B | $1.11B | $1.18B | $1.31B | $1.37B | $1.62B |
| Operating income | $-303420.00 | $-1276.00 | $-1.04M | $223.00M | $336.60M | $269.40M | $222.00M | $906.90M | $1.38B | $1.90B |
| Operating margin | -0.0% | -0.0% | -0.0% | 5.0% | 7.7% | 5.4% | 3.9% | 13.2% | 17.2% | 18.5% |
| EBITDA | $-303420.00 | $-1276.00 | $6.37M | $409.00M | $98.90M | $483.80M | $616.70M | $1.02B | $1.19B | $2.21B |
| EBITDA margin | -0.0% | -0.0% | 0.1% | 9.2% | 2.3% | 9.7% | 10.8% | 14.9% | 14.9% | 21.6% |
| EBIT | $-303420.00 | $-1276.00 | $48.60M | $206.10M | $-104.20M | $256.80M | $314.30M | $752.70M | $915.80M | $1.90B |
| Interest expense | $0.00 | $0.00 | $7.41M | $310.40M | $150.40M | $90.60M | $147.30M | $219.00M | $150.40M | $86.10M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-303420.00 | $-1276.00 | $5.03M | $-140.80M | $-327.30M | $119.60M | $76.60M | $460.20M | $495.80M | $1.33B |
| Net income growth (YoY) | — | +99.6% | +394359.2% | -2898.8% | -132.5% | +136.5% | -36.0% | +500.8% | +7.7% | +168.8% |
| Profit margin | -0.0% | -0.0% | 0.1% | -3.2% | -7.5% | 2.4% | 1.3% | 6.7% | 6.2% | 13.0% |