VRT - Vertiv Holdings Co
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$371.67
DETAILS
HIGH:
$500.00
LOW:
$277.00
MEDIAN:
$354.00
CONSENSUS:
$371.67
UPSIDE:
13.50%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 10,229.9 | 8,011.8 | 6,863.2 | 5,691.5 | 4,998.1 | 4,370.6 | 4,431.2 | 4,285.6 | 3,879.4 | 3,943.5 |
| Cost of Revenue | 6,715.1 | 5,259 | 4,644 | 4,291.2 | 3,619.7 | 3,025.6 | 3,107.4 | 2,865.2 | 2,566.8 | 2,532.6 |
| Gross Profit | 3,514.8 | 2,752.8 | 2,219.2 | 1,400.3 | 1,378.4 | 1,345 | 1,323.8 | 1,420.4 | 1,312.6 | 1,410.9 |
| Operating Expenses | ||||||||||
| R&D Expenses | 0 | 352.1 | 303.5 | 282 | 266.4 | 228.6 | 229.4 | 198.3 | 166.5 | 129.4 |
| SG&A Expenses | 1,617.8 | 1,021.9 | 1,008.8 | 896.3 | 842.6 | 779.8 | 871.4 | 1.0 | 0.0 | 0.3 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (198.3) | (166.5) | (129.4) |
| Operating Expenses | 1,617.8 | 1,374 | 1,312.3 | 1,178.3 | 1,109 | 1,008.4 | 1,100.8 | 1.0 | 0.0 | 0.3 |
| Operating Income | ||||||||||
| Operating Income | 1,897 | 1,378.8 | 906.9 | 222 | 269.4 | 336.6 | 223 | (1.0) | 60.1 | (0.3) |
| Interest Expense | 86.1 | 150.4 | 219 | 147.3 | 90.6 | 150.4 | 310.4 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||
| EBITDA | 2,205.6 | 1,192.8 | 1,023.7 | 616.7 | 483.8 | 98.9 | 409 | 6.4 | (0.0) | (0.3) |
| EBIT | 1,897 | 915.8 | 752.7 | 314.3 | 256.8 | (104.2) | 206.1 | 6.4 | (0.0) | (0.3) |
| Income Before Tax | 1,741.9 | 765.4 | 533.7 | 167 | 166.2 | (254.6) | (104.3) | 6.4 | (407.1) | 250.7 |
| Income Tax Expense | 409.1 | 269.6 | 73.5 | 90.4 | 46.6 | 72.7 | 36.5 | 1.3 | 19.7 | 140.1 |
| Net Income | 1,332.8 | 495.8 | 460.2 | 76.6 | 119.6 | (327.3) | (140.8) | 5.0 | (0.0) | (0.3) |
| Per Share Data | ||||||||||
| EPS (Basic) | 3.49 | 1.32 | 1.21 | -0.04 | 0.34 | -1.07 | -1.19 | 0.06 | – | -0.00 |
| EPS (Diluted) | 3.41 | 1.28 | 1.19 | -0.04 | 0.34 | -1.07 | -1.19 | 0.06 | – | -0.00 |
| Shares Outstanding | 381.7 | 376.4 | 380.1 | 376.7 | 355.5 | 307.1 | 118.3 | 86.2 | 86.2 | 69 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 1,728.4 | 1,232.2 | 788.6 | 273.2 | 447.1 | 542.6 | 233.7 | 0.8 | 0 | 0 |
| Short-Term Investments | 99.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 3,109 | 2,362.7 | 2,185.2 | 1,888.8 | 1,536.4 | 1,354.4 | 1,212.2 | 1,251.8 | 0.0 | 0.0 |
| Inventory | 1,456.5 | 1,244.4 | 884.3 | 822 | 616.3 | 446.6 | 401 | 0 | 404.1 | 0 |
| Other Current Assets | 426.1 | 262.5 | 143.4 | 174.7 | 98.8 | 175.2 | 180.0 | (1,251.8) | (792.1) | 0 |
| Total Current Assets | 6,819.5 | 5,101.8 | 4,001.5 | 3,158.7 | 2,698.6 | 2,518.8 | 2,017.4 | 1.2 | 0.0 | 0.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 1,224.8 | 827.2 | 733.6 | 655.8 | 489.3 | 427.6 | 428.2 | 441.7 | 462.8 | 0 |
| Goodwill | 2,033.7 | 1,321.1 | 1,330.3 | 1,284.7 | 1,330.1 | 607.2 | 605.8 | 634 | 596.1 | 0 |
| Intangible Assets | 1,894.8 | 1,487.1 | 1,672.9 | 1,816.1 | 2,138.2 | 1,302.5 | 1,441.6 | 1,564.2 | 1,663.2 | 0 |
| Long-Term Investments | 0 | 33.3 | 44.5 | 73.3 | 16.1 | 0 | 0 | 696.2 | 0 | 0 |
| Other Non-Current Assets | 60 | 58.7 | 55.9 | 60.7 | 219.4 | 196.8 | 155.4 | 696.2 | 98.3 | 0 |
| Total Non-Current Assets | 5,392.9 | 4,030.7 | 3,997 | 3,937 | 4,241 | 2,555 | 2,640 | 696.2 | 2,820.4 | 0 |
| Total Assets | 12,212.4 | 9,132.5 | 7,998.5 | 7,095.7 | 6,939.6 | 5,073.8 | 4,657.4 | 697.3 | 0.0 | 0.0 |
| Current Liabilities | ||||||||||
| Account Payables | 1,756.4 | 1,316.4 | 986.4 | 984 | 858.5 | 730.5 | 6.6 | 1.2 | 0.0 | 0 |
| Short-Term Debt | 20.9 | 66.7 | 64.7 | 67 | 63.9 | 64.3 | 35 | 0 | 0 | 0 |
| Deferred Revenue | 1,814.7 | 1,063.3 | 638.9 | 358.7 | 291 | 235.7 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 771.6 | 419.1 | 403.5 | 335.9 | 494.5 | 553.8 | 486.6 | 1.2 | 0.0 | 0 |
| Total Current Liabilities | 4,407 | 3,097 | 2,305.4 | 1,897.9 | 1,854.8 | 1,741.6 | 30.8 | 1.3 | 0.0 | 0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 3,137.3 | 3,078.6 | 2,919.1 | 3,169.1 | 2,950.5 | 2,130.5 | 3,467.3 | 0 | 3,159.6 | 0 |
| Deferred Tax Liabilities | 232.8 | 240.3 | 159.5 | 176.5 | 198.8 | 116.5 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 248.8 | 19.6 | 395.2 | 228.8 | 344.3 | 427 | 131 | 24.1 | 0 | 0 |
| Total Non-Current Liabilities | 3,864.1 | 3,601.2 | 3,678.2 | 3,755.9 | 3,667.1 | 2,820.1 | 3,842.5 | 24.1 | 0 | 0 |
| Total Liabilities | 8,271.1 | 6,698.2 | 5,983.6 | 5,653.8 | 5,521.9 | 4,561.7 | 5,362.2 | 25.4 | 0.0 | 0 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 673.3 | 666.9 | 0.0 | 0.0 |
| Retained Earnings | 1,027.9 | (238.3) | (691.9) | (1,142.6) | (1,215.4) | (1,331.2) | 5.0 | 4.7 | (0.3) | (0.3) |
| Accumulated Other Comprehensive Income | 18.2 | (148.8) | (4.5) | (46.2) | 35.6 | 51.5 | 18.1 | 0 | 0 | 0 |
| Total Stockholders' Equity | 3,941.3 | 2,434.3 | 2,014.9 | 1,441.9 | 1,417.7 | 512.1 | 678.3 | 671.9 | 0.0 | 0.0 |
| Total Liabilities & Equity | 12,212.4 | 9,132.5 | 7,998.5 | 7,095.7 | 6,939.6 | 5,073.8 | 4,657.4 | 697.3 | 0.0 | 0.0 |
| Debt Metrics | ||||||||||
| Total Debt | 3,403.4 | 3,316.7 | 3,126.4 | 3,368.1 | 3,128 | 2,302.1 | 3,580.5 | 0 | 0 | 0 |
| Net Debt | 1,675 | 2,084.5 | 2,337.8 | 3,094.9 | 2,680.9 | 1,759.5 | 3,346.8 | (0.8) | 0 | 0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 1,332.8 | 495.8 | 460.2 | 76.6 | 119.6 | (327.3) | 4.4 | 5.0 | (0.0) | (0.3) |
| Depreciation & Amortization | 97.1 | 277 | 271 | 302.4 | 227 | 203.1 | 202.9 | 242.5 | 396.3 | 160.6 |
| Stock-Based Compensation | 45.9 | 34.6 | 25 | 24.7 | 23.2 | 13 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 398 | 114.1 | 66.7 | (449.2) | (132.8) | (60.8) | 5.3 | (0.9) | 0.0 | 0.3 |
| Other Non-Cash Items | 217.4 | 452.3 | 209.2 | (98.7) | 95.2 | 361 | (189.1) | (247.4) | (445.9) | (160.6) |
| Operating Cash Flow | 2,113.8 | 1,319.3 | 900.5 | (152.8) | 210.9 | 208.9 | 9.7 | 4.2 | (49.6) | (0.0) |
| Investing Activities | ||||||||||
| Capital Expenditure | (220) | (184.1) | (134.6) | (111) | (84.6) | (52.7) | (47.6) | 0 | (36.7) | (34) |
| Acquisitions | (1,184.8) | (17.6) | (16.9) | (5) | (1,142) | 7 | 5 | 0 | 0 | 0 |
| Purchases of Investments | (539.6) | 0 | 0 | 0 | 0 | 0 | 0 | (690) | 0 | 0 |
| Sales/Maturities of Investments | 450 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (6.4) | 0 | 12.4 | 3.9 | 9.8 | 0 | 0 | 64.6 | 1,094.8 | 3.8 |
| Investing Cash Flow | (1,500.8) | (201.7) | (139.1) | (112.1) | (1,216.8) | (45.7) | (65.3) | (690) | 1,058.1 | (30.2) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (20.9) | (21.1) | (262.1) | 218.6 | 828.2 | (1,490) | 14.8 | 245.1 | 232.5 | 0 |
| Stock Repurchased | 0 | (599.9) | 0 | 0 | 0 | (341.6) | 0 | 0 | 0 | 0 |
| Dividends Paid | (66.6) | (42.2) | (9.5) | (3.8) | (3.8) | (3.3) | (360,227) | (4.9) | (1,024) | 0 |
| Other Financing Activities | (11.2) | (21.9) | (3.3) | (117.7) | (21.1) | 1,975.6 | 360,214.2 | (254.5) | (82.6) | 0 |
| Financing Cash Flow | (72.3) | (652.1) | (247.5) | 100.2 | 914.9 | 140.7 | 2 | 691.5 | (874.1) | 0.0 |
| Cash Position | ||||||||||
| Net Change in Cash | 557.6 | 443.6 | 515.4 | (173.9) | (95.5) | 308.9 | 11.7 | 0.8 | 123.9 | 274.3 |
| Cash at Beginning | 1,232.2 | 788.6 | 273.2 | 447.1 | 542.6 | 233.7 | 695.7 | 398.2 | 274.3 | 0 |
| Cash at End | 1,789.8 | 1,232.2 | 788.6 | 273.2 | 447.1 | 542.6 | 707.4 | 695.7 | 398.2 | 274.3 |
| Free Cash Flow | 1,893.8 | 1,135.2 | 765.9 | (263.8) | 126.3 | 156.2 | 9.7 | 4.2 | (86.3) | (0.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 10,229.9 | 8,011.8 | 6,863.2 | 5,691.5 | 4,998.1 | 4,370.6 | 4,431.2 | 4,285.6 | 3,879.4 | 3,943.5 |
| Gross Profit | 3,514.8 | 2,752.8 | 2,219.2 | 1,400.3 | 1,378.4 | 1,345 | 1,323.8 | 1,420.4 | 1,312.6 | 1,410.9 |
| Operating Income | 1,897 | 1,378.8 | 906.9 | 222 | 269.4 | 336.6 | 223 | (1.0) | 60.1 | (0.3) |
| Net Income | 1,332.8 | 495.8 | 460.2 | 76.6 | 119.6 | (327.3) | (140.8) | 5.0 | (0.0) | (0.3) |
| EPS (Diluted) | 3.41 | 1.28 | 1.19 | -0.04 | 0.34 | -1.07 | -1.19 | 0.06 | – | -0.00 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 1,728.4 | 1,232.2 | 788.6 | 273.2 | 447.1 | 542.6 | 233.7 | 0.8 | 0 | 0 |
| Total Assets | 12,212.4 | 9,132.5 | 7,998.5 | 7,095.7 | 6,939.6 | 5,073.8 | 4,657.4 | 697.3 | 0.0 | 0.0 |
| Total Debt | 3,403.4 | 3,316.7 | 3,126.4 | 3,368.1 | 3,128 | 2,302.1 | 3,580.5 | 0 | 0 | 0 |
| Stockholders' Equity | 3,941.3 | 2,434.3 | 2,014.9 | 1,441.9 | 1,417.7 | 512.1 | 678.3 | 671.9 | 0.0 | 0.0 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 2,113.8 | 1,319.3 | 900.5 | (152.8) | 210.9 | 208.9 | 9.7 | 4.2 | (49.6) | (0.0) |
| Capital Expenditure | (220) | (184.1) | (134.6) | (111) | (84.6) | (52.7) | (47.6) | 0 | (36.7) | (34) |
| Free Cash Flow | 1,893.8 | 1,135.2 | 765.9 | (263.8) | 126.3 | 156.2 | 9.7 | 4.2 | (86.3) | (0.0) |