Vertiv Holdings Co
VRT· NYSE· Electronic Components, NEC
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 18.5%
- ROIC, 5 yr avg
- 14.8%
- Revenue, 5 yr CAGR
- +18.5%
We record prices for the companies we cover; VRT is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 390.7M
- Revenue
- $10.2B
- Free cash flow
- $1.9B
- Owner earnings
- $1.8B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 17.9%
- Net
- 13.0%
- Free cash flow
- 18.5%
- Owner earnings
- 18.1%
- Stock pay
- 0.4%
Returns
- ROIC, FY2025
- 27.3%
- ROIC, 5 yr avg
- 14.8%
- ROE, FY2025
- 33.8%
- ROE, 5 yr avg
- 18.2%
Growth (CAGR)
- Revenue, 3 yr
- 21.6%
- Revenue, 5 yr
- 18.5%
- Revenue, 8 yr
- –
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 8 yr
- –
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- 63.0%
- Free cash flow, 8 yr
- –
Financial health · FY2025
- Cash and investments
- $1.7B
- Total debt
- $2.9B
- Net debt
- $1.2B
- Debt/Equity
- 0.7x
- Debt/FCF
- 1.5x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 5.0%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 4.9%
Financials: ten years from the 10-Ks
Revenue
$10.2B
FY2025
FY2017FY2025
Margins
Operating17.9%Net13.0%
FY2025
FY2017FY2025
Free cash flow and owner earnings
Free cash flow$1.9BOwner earnings$1.8B
FY2025
FY2017FY2025
Diluted shares
390.7M
+230.3% over 8 years, net dilution
FY2017FY2025
Return on invested capital
27.3%
FY2025
FY2017FY2025
Net debt (below zero)
-$1.2B
$1.2B more debt than cash
FY2017FY2025
Every figure, year by year
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|
| The business | |||||||||
| Revenue | $0 | $4.3B | $4.4B | $4.4B | $5.0B | $5.7B | $6.9B | $8.0B | $10.2B |
| Revenue growth | – | – | 3.4% | -1.4% | 14.4% | 13.9% | 20.6% | 16.7% | 27.7% |
| Gross margin | – | – | – | – | – | – | – | – | – |
| Operating margin | – | – | 4.7% | 4.9% | 5.2% | 3.9% | 12.7% | 17.1% | 17.9% |
| Net income | -$1.3K | -$314.0M | -$140.8M | -$327.3M | $119.6M | $76.6M | $460.2M | $495.8M | $1.3B |
| Net margin | – | -7.3% | -3.2% | -7.5% | 2.4% | 1.3% | 6.7% | 6.2% | 13.0% |
| Diluted EPS | – | $-2.65 | $-1.19 | $-1.07 | $0.33 | $-0.04 | $1.19 | $1.28 | $3.41 |
| Return on invested capital? | – | – | – | – | 4.7% | 2.3% | 18.0% | 21.4% | 27.3% |
| Cash | |||||||||
| Operating cash flow | – | -$221.9M | $57.5M | $208.9M | $210.9M | -$152.8M | $900.5M | $1.3B | $2.1B |
| Capital expenditure | – | $64.6M | $47.6M | $44.4M | $73.4M | $100.0M | $127.9M | $167.0M | $220.0M |
| Free cash flow | – | -$286.5M | $9.9M | $164.5M | $137.5M | -$252.8M | $772.6M | $1.2B | $1.9B |
| Stock-based compensation | – | $0 | $0 | $13.0M | $23.2M | $24.7M | $25.0M | $34.6M | $45.9M |
| Owner earnings? | – | -$286.5M | $9.9M | $151.5M | $114.3M | -$277.5M | $747.6M | $1.1B | $1.8B |
| Free cash flow per share | – | $-2.42 | $0.08 | $0.54 | $0.38 | $-0.67 | $2.00 | $2.98 | $4.85 |
| Capital allocation | |||||||||
| Dividends paid | – | $0 | $0 | $3.3M | $3.8M | $3.8M | $9.5M | $42.2M | $66.6M |
| Share repurchases | – | – | – | – | – | $0 | $0 | $599.9M | $0 |
| Diluted shares | – | 118.3M | 118.3M | 307.1M | 360.1M | 378.2M | 386.2M | 386.3M | 390.7M |
| Share count change? | – | – | 0.0% | 159.7% | 17.3% | 5.0% | 2.1% | 0.0% | 1.1% |
| Balance sheet | |||||||||
| Cash and equivalents | $398.2M | $215.1M | $223.5M | $534.6M | $439.1M | $260.6M | $780.4M | $1.2B | $1.7B |
| Short-term investments | – | – | – | – | – | – | – | – | – |
| Total debt | – | – | $3.5B | $2.2B | $3.0B | $3.2B | $2.9B | $2.9B | $2.9B |
| Net debt | – | – | $3.2B | $1.6B | $2.5B | $2.9B | $2.2B | $1.7B | $1.2B |
| Shareholders' equity | -$129.6M | -$540.3M | -$704.8M | $512.1M | $1.4B | $1.4B | $2.0B | $2.4B | $3.9B |
Latest filings
| 2026-10-28 | 8-K | Earnings release |
| 2026-10-28 | 10-Q | Quarterly report |
| 2026-07-29 | 10-Q | Quarterly report |
| 2026-07-29 | 8-K | Earnings release |
| 2026-04-24 | DEF 14A | Proxy statement |
| 2026-04-22 | 10-Q | Quarterly report |
| 2026-04-22 | 8-K | Earnings release |
| 2026-02-13 | 10-K | Annual report |
| 2026-02-11 | 8-K | Earnings release |
| 2025-10-22 | 10-Q | Quarterly report |
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