— Know what they know.
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Not Investment Advice

VRT

NYSE · USD
Vertiv Holdings Co
Industrials · Electrical Equipment & Parts
CEO Giordano Albertazzi Employees 34,000 R&D / revenue 0.0%
Last price
$206.42−3.88%last session
Market cap
$79.5B
P/E (TTM)
45.7x
From 52w high
−45.7%
From 52w low
+39.6%
1-year return
+16.2%
RSI 14 · vs SMA200
27.3 · −23.1%
IS score
78.8/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

VRT   SPY   XLI (sector ETF) · weekly closes
100120140160180200Jan 26Apr 26Jul 26Oct 26VRT 116SPY 116XLI 111

Score DNA

Each bar is a 0-100 score within the scored universe
68
Profitability
80
Growth
31
Value
100
Momentum
100
Risk (safety)
79
Quality
77
Balance sheet
50
Earnings quality

Flags

Strengths
✓ Congress buying
Warnings
▲ Share count rising
Observations
Moat model: Wide, Efficient ScalePiotroski 6 / 9Altman Z 8.6Beta 2.083 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
8 open-market sales, $3.9M
Form 144 notices (12m): 15, $147.2M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
1
Last disclosed purchase 2026-03-27
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+226
354 new holders, 105 closed
2,059 filers hold 82.7% · 829 added, 699 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+258
1,241 funds adding shares
983 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
30.0%
20-day avg 47.9%, 50-day avg 49.4%
Latest 17.9 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$10.2B
Revenue growth YoY+27.7%
Gross margin34.4%
Operating income$1.9B
Operating margin18.5%
Net income$1.3B
Net margin13.0%
EPS (diluted)$3.41
Cash flow
Operating cash flow$2.1B
Capital expenditure$220.0M
Free cash flow$1.9B
FCF conversion (FCF / OCF)89.6%
Stock-based compensation$45.9M
FCF less SBC$1.8B
Buybacks$0
Dividends$66.6M
Balance sheet & returns
Cash & short-term investments$1.8B
Total debt$3.2B
Net debt$1.3B
Shareholders' equity$3.9B
Goodwill & intangibles$3.9B
Debt / equity0.70
ROE (TTM)42.1%
ROIC (TTM)20.9%
Operating margin by fiscal year
5.4%FY20213.9%FY202213.2%FY202317.2%FY202418.2%FY2025
Revenue $5.0B (FY2021) to $10.2B (FY2025), a 19.6% CAGR.

Valuation

P/E (TTM)45.7x
EV / EBITDA31.3x
Price / sales6.92x
Price / FCF27.2x
FCF yield3.68%
Buyback yield0.00%
SBC / revenue0.5%
Price / book16.68x
Forward P/E FY202630.7x
Forward P/E FY202722.5x
Forward P/E FY202817.8x
Forward multiples divide today's price by Street EPS estimates. Street mean target $350.83 across 12 analysts last quarter is theirs, not ours.

VRT vs industry median

160 companies in Electrical Equipment & Parts
Gross margin 38.0% 29.1% Operating margin 19.4% -2.0% Net margin 15.1% -6.5% ROIC 20.9% 2.6%
VRT (TTM)Industry median Asset turnover 0.72 vs industry 0.64 · financial leverage 3.34

Earnings delivery

Next report 2026-10-28 · consensus EPS $1.82
100%
beat rate, 12 of 12 quarters
+15.6%
median EPS surprise
12
longest beat streak
+18+6+20+17+10+21+4+14+26+5+17+6
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-25 to 2026-07-29. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
VRT Vertiv Holdings Co $79.5B45.7x42.1%15.1%+27.7% +16.2%
BE Bloom Energy Corporation $65.2B264.8x22.2%18.4%+91.0% +92.3%
AME AMETEK, Inc. $56.9B36.1x14.6%19.9%+12.7% +35.3%
ETN Eaton Corporation plc $152.0B39.7x19.7%9.6%+15.5% +5.3%
HUBB Hubbell Incorporated $24.4B27.2x24.3%14.0%+10.6% +7.9%
NVT nVent Electric plc $23.0B38.5x15.9%14.7%+46.2% —
AYI Acuity Brands, Inc. $9.1B17.3x18.6%13.9%+6.8% —
ITW Illinois Tool Works Inc. $77.5B24.6x104.7%18.9%+4.3% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-09-24Regulation FD; Exhibits
2026-09-02Material Agreement; Regulation FD; Exhibits
2026-09-02Other Events; Exhibits
2026-07-29Earnings Release; Regulation FD; Exhibits
2026-06-18Shareholder Vote
2026-06-12Regulation FD; Exhibits

Context

Shares outstanding384,988,000
Free float99.7%
Institutional ownership82.7%
Beta2.08
Dividend yield0.12%
Last dividend$0.06 on 2026-09-14
50 / 200-day average$256.84 / $268.09
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Wide).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where VRT sits among 28 scored companies in Electrical Equipment & Parts (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureVRTIndustry medianIndustry percentileSector median
P/E (TTM) 45.9x 29.3x
87th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) 0.42 2.07
0th		 1.42
Price / sales 6.9x 3.1x
81st		 2.0x
Price / book 16.7x 3.2x
92nd		 2.9x
Price / tangible book 195.2x 5.7x
100th		 5.6x
Price / free cash flow 26.9x 27.0x
44th		 20.8x
Price / operating cash flow 23.5x 23.7x
47th		 14.5x
Enterprise value $79.7B $1.7B
96th		 $4.8B
EV / sales 6.9x 3.5x
80th		 2.4x
EV / EBITDA 31.2x 21.3x
87th		 13.6x
EV / EBIT 36.8x 26.5x
87th		 19.9x
EV / free cash flow 27.0x 32.2x
38th		 24.3x
Earnings yield 2.2% 2.0%
52nd		 3.3%
FCF yield 3.7% 1.8%
74th		 3.8%
Operating cash flow yield 4.3% 2.9%
70th		 6.2%
Graham number (per share) $34.67 $39.62
47th		 $38.21

Profitability (TTM)

MeasureVRTIndustry medianIndustry percentileSector median
Gross margin 38.0% 28.6%
93rd		 30.5%
EBITDA margin 22.2% 10.0%
88th		 14.3%
Operating margin 19.1% 7.4%
84th		 9.8%
EBIT margin 18.9% 7.2%
84th		 9.9%
Net margin 15.1% 4.1%
88th		 6.0%
NOPAT margin 15.6% 6.7%
84th		 7.8%
FCF margin 25.8% 5.5%
100th		 7.0%
Operating cash flow margin 29.4% 7.0%
100th		 11.2%
R&D / revenue 1.8% 2.8%
38th		 0.0%
SG&A / revenue 15.9% 19.3%
38th		 14.1%
Stock comp / revenue 0.5% 1.3%
12th		 0.6%
Effective tax rate 18.1% 21.0%
15th		 21.0%

Returns on capital

MeasureVRTIndustry medianIndustry percentileSector median
ROE (on average equity) 43.9% 9.7%
100th		 11.9%
ROA 13.2% 3.6%
93rd		 4.8%
ROIC 36.0% 9.3%
89th		 8.7%
ROCE 25.0% 6.7%
96th		 9.4%
Return on tangible assets 16.5% 6.0%
96th		 7.9%
Cash ROIC (OCF / invested capital) 67.8% 8.2%
96th		 12.8%
Gross profitability (GP / assets) 27.1% 17.0%
85th		 19.2%
ROIC, 3-yr average 37.4% 7.6%
100th		 7.8%
ROIC, 5-yr average 33.9% 9.5%
95th		 8.6%
ROE, 5-yr average 22.7% 10.5%
91st		 12.5%
Incremental ROIC 63.0% 9.3%
89th		 20.5%

Growth

MeasureVRTIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 26.2% 15.5%
62nd		 8.6%
Revenue growth (QoQ) 23.6% 12.9%
85th		 9.9%
Revenue CAGR, 3 yr 21.6% 8.9%
76th		 5.0%
Revenue CAGR, 5 yr 18.9% 9.8%
70th		 8.3%
Gross profit CAGR, 3 yr 32.8% 9.0%
83rd		 6.5%
Operating income CAGR, 3 yr 53.7% 11.3%
93rd		 6.4%
Net income growth (TTM YoY) 113.2% 16.7%
87th		 11.3%
Net income CAGR, 3 yr 112.2% 12.2%
100th		 6.6%
EPS growth (TTM YoY) 111.6% 15.4%
87th		 13.3%
EPS CAGR, 3 yr 110.3% 13.0%
100th		 5.6%
EPS CAGR, 5 yr —
FCF growth (TTM YoY) 138.6% 14.8%
81st		 14.7%
FCF CAGR, 3 yr 102.0% 12.1%
100th		 12.2%
Operating cash flow CAGR, 3 yr 91.6% 11.8%
100th		 8.8%
Book value CAGR, 3 yr 40.8% 8.5%
83rd		 7.3%
Dividend CAGR, 3 yr 17.3% 2.7%
93rd		 2.7%
Sustainable growth rate 41.8% 12.1%
100th		 11.0%

Margin history & stability

MeasureVRTIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 34.8% 28.1%
72nd		 30.6%
Operating margin, 3-yr average 17.2% 6.9%
76th		 10.0%
Net margin, 3-yr average 10.3% 4.3%
68th		 6.2%
FCF margin, 3-yr average 17.6% 7.1%
92nd		 7.1%
Revenue stability (0-1) 0.92 0.71
81st		 0.81
Earnings stability (0-1) 0.84 0.70
81st		 0.47
Margin stability (0-1) 0.90 0.82
56th		 0.90

Liquidity (latest quarter)

MeasureVRTIndustry medianIndustry percentileSector median
Cash & short-term investments $3.1B $371.9M
100th		 $249.6M
Net cash (− = net debt) −$227.6M −$153.5M
44th		 −$666.5M
Working capital $2.7B $592.2M
93rd		 $376.4M
Current ratio 1.38 2.58
15th		 1.79
Quick ratio 1.03 1.83
15th		 1.33
Cash ratio (cash + ST investments / current liabilities) 0.43 0.62
33rd		 0.32
Defensive interval (days) 1,182 days 753 days
70th		 614 days

Leverage & solvency (latest quarter)

MeasureVRTIndustry medianIndustry percentileSector median
Total debt $3.3B $589.2M
89th		 $919.8M
Debt / equity 0.70 0.47
60th		 0.65
Net debt / equity 0.05 0.11
40th		 0.46
Debt / assets 21.0% 24.6%
44th		 29.3%
Debt / capital 41.2% 31.8%
60th		 39.5%
Debt / EBITDA 1.31 1.54
47th		 2.44
Net debt / EBITDA 0.09 0.52
33rd		 1.86
Interest coverage (EBIT / interest) 38.1x 4.3x
95th		 5.0x
Cash interest coverage 59.4x 4.2x
95th		 6.1x
Debt payback (years of OCF) 1.0 yrs 2.0 yrs
29th		 3.2 yrs
Liabilities / assets 70.1% 49.4%
70th		 56.7%
IS credit model rating AA+ — —
Implied credit spread (bps) 65 150
11th		 200

Efficiency

MeasureVRTIndustry medianIndustry percentileSector median
Asset turnover 0.87 0.66
70th		 0.75
Fixed asset turnover 7.31 5.53
81st		 5.14
Inventory turnover 3.6 3.6
52nd		 5.0
Receivables turnover 3.5 6.3
7th		 6.7
Days sales outstanding 105 days 58 days
93rd		 54 days
Days inventory outstanding 100 days 100 days
50th		 72 days
Days payables outstanding 104 days 53 days
89th		 41 days
Cash conversion cycle (days) 101 days 98 days
54th		 63 days
Capex / revenue 3.7% 3.7%
52nd		 3.0%
Capex / depreciation 1.09 1.09
50th		 0.76
Operating expense ratio 18.2% 23.6%
40th		 17.7%

Cash flow & earnings quality

MeasureVRTIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.95 1.51
73rd		 1.50
FCF / net income 1.71 1.27
73rd		 1.15
FCF / operating cash flow 87.5% 84.8%
62nd		 74.0%
Capex / operating cash flow 12.5% 15.2%
38th		 26.1%
Accruals ratio -12.5% -4.2%
15th		 -4.0%
Sloan accruals ratio -2.5% 2.5%
33rd		 -2.4%
Earnings quality score (0-1) 0.75 1.00
7th		 1.00

Dividends & buybacks

MeasureVRTIndustry medianIndustry percentileSector median
Dividend yield 0.1% 0.0%
56th		 0.6%
Dividend per share (TTM) $0.25 $0.00
63rd		 $0.44
Payout ratio (dividends / net income) 5.0% 8.6%
33rd		 22.5%
Dividends / FCF 2.9% 7.9%
25th		 19.6%
Dividend growth (YoY) 64.5% 3.2%
100th		 5.6%
Buyback yield 0.0% 0.0%
67th		 0.5%
Shareholder yield (dividends + buybacks) 0.1% 0.2%
44th		 2.0%
Share count change (YoY) 0.7% 3.8%
44th		 0.0%
Buybacks, last 5 years $1.2B $63,000
89th		 $76.0M

Scores & forensic checks

MeasureVRTIndustry medianIndustry percentileSector median
IS score 79 58
100th		 53
IS profitability 68 29
96th		 37
IS growth 80 61
85th		 54
IS value 31 42
19th		 47
IS momentum 100 80
92nd		 76
IS risk (safety) 100 95
52nd		 80
IS quality 79 59
85th		 67
IS balance sheet 77 64
63rd		 56
IS earnings quality 50 59
37th		 70
IS cash flow 88 44
96th		 54
Piotroski F-score (0-9) 6 6
48th		 6
Altman Z-score 8.6 4.2
78th		 3.3
Beneish M-score −2.77 −2.28
17th		 −2.52
Ohlson O-score −7.85 −7.76
48th		 −7.49
IS credit score 90 71
81st		 65

Per share

MeasureVRTIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $4.41 $0.80
74th		 $2.21
Book value per share $12.11 $12.13
48th		 $18.38
Tangible book per share $1.75 $1.80
48th		 $4.39
Revenue per share $29.23 $15.11
56th		 $36.64
FCF per share $7.53 $1.43
81st		 $2.70
Operating cash flow per share $8.61 $1.83
81st		 $4.28
Cash per share $7.92 $2.50
70th		 $3.02

Size (TTM)

MeasureVRTIndustry medianIndustry percentileSector median
Market cap $79.5B $1.6B
96th		 $3.9B
Revenue $11.5B $810.4M
96th		 $2.7B
EBITDA $2.6B $71.4M
96th		 $394.8M
Net income $1.7B $28.6M
96th		 $136.3M
Free cash flow $3.0B $37.9M
96th		 $162.9M
Total assets $15.9B $1.5B
93rd		 $3.5B
Shareholders' equity $4.8B $600.6M
93rd		 $1.4B
Employees 34,000 2,411
96th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-05Resha Michael
EVP. Man, Logistics and Op Ex
 Award / grant 2,503$253.62$634,8112,503
2026-10-05Resha Michael
EVP. Man, Logistics and Op Ex
 Award / grant 690$253.62$174,9983,193
2026-09-24Karlborg Anders
EVP, Man., Logistics and Op Ex
 Award / grant 5——34,615
2026-09-24Gill Stephanie L
Chief Legal Officer & Sec.
 Award / grant 6——34,435
2026-09-24Johnson Eric M.
Chief Accounting Officer
 Award / grant 1——1,942
2026-09-24Albertazzi Giordano
Director, Chief Executive Officer
 Award / grant 13——47,600
2026-09-24Shen Wei
President, Greater China
 Award / grant 1——3,320
2026-09-24Poncheri Frank
Chief Human Resources Officer
 Award / grant 4——14,311
2026-09-24Armul Scott
Chief Product and Tech Officer
 Award / grant 6——32,043
2026-09-24Chamberlin Craig
Chief Financial Officer
 Award / grant 1——5,599
2026-09-24Sanghi Anand
Pres. Americas
 Award / grant 4——36,373
2026-09-24Ryan Paul
President EMEA
 Award / grant 3——18,635

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarMayJunSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired2410,286$3.1M
GiftDisposed1118,523—
Open-market saleDisposed815,287$3.9M
Tax withholdingDisposed43,742$1.0M
—Disposed30—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 15 notices · 584,461 shares · $147.2M
FiledFilerShares proposedEst. proceeds
2026-09-01Edward Monser15,287$4.0M
2026-03-06Edward Monser77,294$19.3M
2026-02-27S Vrt Grat 2025 Dtd 2/28/202554,583$13.8M
2026-02-27R Vrt Grat 2025 Dtd 2/28/202537,083$9.3M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 13 trades (6 purchases) · Senate 1 (1 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-04Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-03-27Alan ArmstrongSenatePurchase$1,001 - $15,0002026-07-21
2026-01-30Gilbert CisnerosHousePurchase$1,001 - $15,0002026-02-13
2026-01-29Gilbert Ray CisnerosHousePurchase$1,001 - $15,0002026-02-13
2025-12-24Gilbert CisnerosHouseSale (Partial)$1,001 - $15,0002026-01-12
2025-07-21Angus KingSenatePurchase$1,001 - $15,0002025-08-18
2025-07-21Angus KingSenatePurchase$1,001 - $15,0002025-08-18
2025-07-21Angus Stanley KingSenatePurchase$1,001 - $15,0002025-08-18
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.35,921,459$12.0B9.33%
VANGUARD CAPITAL MANAGEMENT LLC25,087,955$8.4B6.52%
VANGUARD PORTFOLIO MANAGEMENT LLC17,909,570$6.0B4.65%
STATE STREET CORP16,531,530$5.5B4.29%
PRICE T ROWE ASSOCIATES INC /MD/9,110,798$3.1B2.37%
GEODE CAPITAL MANAGEMENT, LLC9,028,475$3.0B2.35%
BANK OF AMERICA CORP /DE/8,280,709$2.8B2.15%
JPMORGAN CHASE & CO7,798,588$2.4B2.03%
Invesco Ltd.5,537,463$1.9B1.44%
NORGES BANK4,859,284$1.6B1.26%
FMR LLC4,296,854$1.4B1.12%
Nuveen, LLC3,914,005$1.3B1.02%
WELLINGTON MANAGEMENT GROUP LLP3,794,360$1.3B0.99%
UBS Group AG3,368,069$1.1B0.87%
GOLDMAN SACHS GROUP INC3,228,483$1.1B0.84%

Institutional ownership by quarter

2023-092026-0682.7%
% of shares held by 13F filers
2023-092026-062,059
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-302,05982.7%354829699105
2026-03-311,83381.9%374670630127
2025-12-311,61177.8%315607534100
2025-09-301,43078.0%266592437120
2025-06-301,30379.8%299540354130
2025-03-311,14778.3%215543323244
2024-12-311,19881.1%29344937394
2024-09-301,02183.4%242419288114
2024-06-3090480.9%23134926578
2024-03-3176180.2%24823923059
2023-12-3158289.4%19717617961
2023-09-3045388.9%13814414533

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%28,637,577
2026-04-24SCHEDULE 13G/ABlackRock, Inc.7.8%29,946,255
2025-08-07SCHEDULE 13G/AThe Vanguard Group10.0%38,198,170
2025-04-17SCHEDULE 13G/ABlackRock, Inc.5.6%21,308,858
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.13%$2.9B
VSMPX0.13%$2.9B
VTSAX0.13%$2.9B
VTI0.13%$2.9B
VFINX0.14%$2.4B
VFIAX0.14%$2.4B

Share structure

Shares outstanding384,988,000
Float383,735,249
Free float99.7%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$5.0B$5.7B$6.9B$8.0B$10.2B
Cost of revenue$3.6B$4.3B$4.6B$5.3B$6.7B
Gross profit$1.4B$1.4B$2.2B$2.8B$3.5B
R&D$266.4M$282.0M$303.5M$352.1M$0
SG&A$842.6M$896.3M$1.0B$1.0B$1.6B
Operating income$269.4M$222.0M$906.9M$1.4B$1.9B
EBITDA$483.8M$616.7M$1.0B$1.2B$2.2B
Pretax income$166.2M$167.0M$533.7M$765.4M$1.7B
Income tax$46.6M$90.4M$73.5M$269.6M$409.1M
Net income$119.6M$76.6M$460.2M$495.8M$1.3B
EPS, diluted$0.34$-0.04$1.19$1.28$3.41
Diluted shares355.5M378.2M386.2M386.3M390.7M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$447.1M$273.2M$788.6M$1.2B$1.8B
Receivables$1.5B$1.9B$2.2B$2.4B$3.1B
Inventory$616.3M$822.0M$884.3M$1.2B$1.5B
Total current assets$2.7B$3.2B$4.0B$5.1B$6.8B
PP&E, net$489.3M$655.8M$733.6M$827.2M$1.2B
Goodwill & intangibles$3.5B$3.1B$3.0B$2.8B$3.9B
Total assets$6.9B$7.1B$8.0B$9.1B$12.2B
Accounts payable$858.5M$984.0M$986.4M$1.3B$1.8B
Total current liabilities$1.9B$1.9B$2.3B$3.1B$4.4B
Long-term debt$3.0B$3.2B$2.9B$2.9B$3.1B
Total liabilities$5.5B$5.7B$6.0B$6.7B$8.3B
Shareholders' equity$1.4B$1.4B$2.0B$2.4B$3.9B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$119.6M$76.6M$460.2M$495.8M$1.3B
Depreciation & amortization$227.0M$302.4M$271.0M$277.0M$97.1M
Stock-based compensation$23.2M$24.7M$25.0M$34.6M$45.9M
Change in working capital−$132.8M−$449.2M$66.7M$114.1M$398.0M
Operating cash flow$210.9M−$152.8M$900.5M$1.3B$2.1B
Capital expenditure−$84.6M−$111.0M−$134.6M−$184.1M−$220.0M
Free cash flow$126.3M−$263.8M$765.9M$1.1B$1.9B
Investing cash flow−$1.2B−$112.1M−$139.1M−$201.7M−$1.5B
Net debt issued / repaid$828.2M$218.6M−$262.1M−$21.1M−$20.9M
Buybacks$0$0$0−$599.9M$0
Dividends paid−$3.8M−$3.8M−$9.5M−$42.2M−$66.6M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin27.6%24.6%32.3%34.3%34.8%
Operating margin5.4%3.9%13.2%17.2%18.2%
Net margin2.4%1.3%6.7%6.2%13.0%
FCF margin2.5%-4.6%11.2%14.2%18.8%
ROE12.4%5.4%26.6%22.3%41.8%
ROIC4.7%2.2%18.0%20.5%25.8%
ROA2.0%1.1%6.1%5.8%12.5%
Debt / equity2.212.341.551.290.86
Interest coverage2.8x2.1x3.4x6.1x21.2x
Current ratio1.451.661.741.651.55
Revenue growth+14.4%+13.9%+20.6%+16.7%+27.7%
EPS growth+132.7%−36.8%+480.5%+8.9%+165.3%
P/E at year end77.4x67.0x40.6x88.4x47.6x
EV / EBITDA at year end24.7x13.3x20.5x38.4x30.4x
FCF yield at year end1.36%-5.14%4.09%2.59%3.03%
Dividend payout3.2%5.0%2.1%8.5%5.0%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Product$3.9B$4.3B$5.4B$6.4B$8.4B
Service$1.1B$1.4B$1.5B$1.6B$1.8B

Revenue by region · FY2025

Americas Segment$6.4B · 58%
EMEA Segment$2.4B · 21%
Asia Pacific Segment$2.3B · 21%

Street estimates by fiscal year

Next report 2026-10-28 · consensus EPS $1.82 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$14.0B$13.9B – $14.1B$6.73$6.43 – $6.911630.7x
2027$18.2B$17.7B – $18.6B$9.18$8.51 – $9.821622.5x
2028$22.1B$20.1B – $25.0B$11.58$10.42 – $12.75917.8x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-29$1.43$1.52+6.3%$3.4B$3.3B−3.1%
2026-04-22$1.00$1.17+17.0%$2.6B$2.6B+0.4%
2026-02-11$1.29$1.36+5.4%$2.9B$2.9B+0.1%
2025-10-22$0.98$1.24+26.0%$2.6B$2.7B+3.8%
2025-07-30$0.83$0.95+14.2%$2.4B$2.6B+12.1%
2025-04-23$0.61$0.64+4.1%$1.9B$2.0B+5.1%
2025-02-12$0.82$0.99+20.7%$2.2B$2.3B+8.9%
2024-10-23$0.69$0.76+10.3%$2.0B$2.1B+4.8%
2024-07-24$0.57$0.67+17.1%$1.9B$2.0B+0.4%
2024-04-24$0.36$0.43+19.9%$1.6B$1.6B+1.0%
2024-02-21$0.53$0.56+5.7%$1.9B$1.9B−0.6%
2023-10-25$0.44$0.52+18.2%$1.8B$1.7B−0.4%
2023-08-02$0.29$0.46+58.6%$1.6B$1.7B+7.3%
2023-04-26$0.17$0.24+41.2%$1.6B$1.5B−5.3%
2023-02-22$0.30$0.28−6.7%$1.7B$1.7B−1.3%
2022-10-26$0.21$0.23+9.5%$1.5B$1.5B+0.4%
2022-08-03$0.10$0.100.0%$1.3B$1.4B+5.6%
2022-04-27$-0.16$-0.08+50.0%$1.1B$1.2B+1.3%
2022-02-23$0.28$0.04−85.7%$1.4B$1.4B−0.9%
2021-10-27$0.19$0.20+5.3%$1.2B$1.2B−1.5%
2021-07-28$0.24$0.31+29.2%$1.3B$1.3B−1.8%
2021-04-28$0.12$0.21+75.0%$1.0B$1.1B+7.7%
2021-02-24$0.33$0.330.0%$1.3B$1.3B−0.0%
2020-11-04$0.26$0.32+23.1%$946.8M$1.2B+22.7%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
1.906-153.406-222.206-292.007-061.807-131.407-204.007-272.408-031.508-101.808-171.408-241.108-31
Week ofNotionalSharesTrades
2026-08-31$1.1B4,352,686133,030
2026-08-24$1.4B5,418,598154,993
2026-08-17$1.8B6,528,427183,652
2026-08-10$1.5B5,088,786145,505
2026-08-03$2.4B8,905,730215,329
2026-07-27$4.0B16,323,624325,220

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1530.0%
DateShort shareShort volumeTotal volume
2026-10-1530.0%1,859,6836,193,039
2026-10-1437.6%1,286,8333,419,241
2026-10-1340.1%864,8852,154,523
2026-10-1242.1%720,3261,711,134
2026-10-0955.3%1,013,3741,832,003
2026-10-0855.1%1,596,8912,897,624
2026-10-0749.1%1,254,0022,553,266
2026-10-0648.8%948,6641,944,899
2026-10-0548.3%1,007,0432,085,662
2026-10-0248.2%690,0261,432,090
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+5.1Jan+0.4Feb-3.9Mar+8.9Apr+11.0May+3.8Jun+8.4Jul+7.4Aug+2.7Sep+8.0Oct+2.8Nov-1.7Dec
MonthAvg returnUp yearsYears
Jan+5.1%75%8
Feb+0.4%50%8
Mar−3.9%50%8
Apr+8.9%86%7
May+11.0%71%7
Jun+3.8%71%7
Jul+8.4%86%7
Aug+7.4%75%8
Sep+2.7%38%8
Oct+8.0%75%8
Nov+2.8%50%8
Dec−1.7%38%8
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1427.3
MFI30.0
ADX21.5
Stochastic %K / %D10.1 / 13.4
Williams %R-96.1
CCI-248
TSI / signal-22.1 / -12.8
Chaikin money flow0.01
ATR$11.52
Bollinger width21.0%
Volume vs 20-day avg1.16x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$242.21 (−14.8%)
SMA 50$255.45 (−19.2%)
SMA 200$268.30 (−23.1%)
EMA 21$239.54 (−13.8%)
EMA 50$253.64 (−18.6%)
EMA 200$254.16 (−18.8%)
Bollinger upper$267.67 (−22.9%)
Bollinger lower$216.75 (−4.8%)
Parabolic SAR$248.13 (−16.8%)
Open the live chart, 110+ indicators

About Vertiv Holdings Co

Vertiv Holdings Co, headquartered in Columbus, Ohio, is a global provider of essential digital infrastructure technologies and comprehensive lifecycle services. The company specializes in the design, manufacturing, and servicing of critical systems vital for data centers, communication networks, and diverse commercial and industrial applications. Its extensive product range encompasses AC and DC power management, thermal control solutions, integrated rack systems, modular designs, and sophisticated management platforms for monitoring and governing digital environments. These solutions are fundamental to the operation of numerous modern services, including e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, the Internet of Things, and online gaming. In addition to its hardware offerings, Vertiv delivers a full spectrum of lifecycle management services. These include professional deployment, ongoing maintenance, and optimization, supported by predictive analytics. Specific service capabilities extend to preventative maintenance, acceptance testing, engineering and consulting, performance assessments, remote monitoring, training, spare parts, and specialized critical digital infrastructure software. Vertiv's products are marketed under prominent brands like Liebert, NetSure, Geist, E&I, Powerbar, and Avocent. The company serves a wide array of sectors such as social media, financial services, healthcare, transportation, retail, education, and government. Its global reach spans the Americas, Asia Pacific, and Europe, the Middle East, and Africa, facilitated by a robust network of direct sales professionals, independent representatives, channel partners, and original equipment manufacturers.

https://www.vertiv.com

Key executives

NameTitlePayBorn
Giordano AlbertazziChief Executive Officer & Director$5.3M1967
Anand SanghiPresident of Americas$1.9M1972
David J. FallonConsultant$1.5M1969
Stephanie L. GillChief Legal Officer & Corporate Secretary$1.4M1972
Scott ArmulChief Product and Technology Officer$934,5781983
Craig ChamberlinExecutive Vice President & Chief Financial Officer$391,7671980
David CoteExecutive Chairman of the Board$17,0241953
Michael GiresiGlobal Chief Information Officer—1965

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Giordano Albertazzi Chief Executive Officer2025$1.2M$0$4.0M$18.3M
David Fallon Former Chief Financial Officer2025$683,173$0$837,074$3.3M
Anand Sanghi President, Americas2025$529,502$0$1.1M$2.8M
Scott Armul Chief Product & Technology Officer2025$424,078$510,000$500,000$2.4M
Stephanie Gill Chief Legal Officer2025$572,354$0$850,000$2.4M
Craig Chamberlin Chief Financial Officer2025$72,116$1.1M$0$1.4M

Employees

20k201921k202024k202127k202227k202331k202434k2025

Dividends

Ex-dateAmountPaid
2026-09-14$0.06252026-09-24
2026-06-15$0.06252026-06-25
2026-03-17$0.0632026-03-26
2025-11-25$0.06252025-12-18
2025-09-15$0.03752025-09-25
2025-06-16$0.03752025-06-26
2025-03-18$0.03752025-03-27
2024-12-03$0.03752024-12-19

Moat model

Wide · Efficient Scale · 2026-06-30
Cost advantage72
Intangibles73
Switching costs52
Network effect70
Efficient scale100
Our component scores (0-100) and overall 71.2; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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