Vertiv (VRT) Financials

$106.34 -0.06 (-0.06%)

Closing price 05/20/2025 03:58 PM Eastern

Extended Trading

$104.72 -1.62 (-1.52%)

As of 08:57 AM Eastern

Annual Income Statements for Vertiv

This table shows Vertiv's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Income / (Loss) Attributable to Common Shareholders	496	460	77	120	-327	-141	-314	-0.00
Consolidated Net Income / (Loss)	496	460	77	120	-327	-141	-314	-0.00
Net Income / (Loss) Continuing Operations	496	460	77	120	-327	-141	-321	-0.00
Total Pre-Tax Income	765	534	167	166	-255	-104	-271	-0.00
Total Operating Income	1,367	872	223	260	214	206	18	-0.00
Total Gross Profit	2,934	2,401	1,616	1,523	1,474	1,453	1,420	0.00
Total Revenue	8,012	6,863	5,692	4,998	4,371	4,431	4,286	0.00
Operating Revenue	8,012	6,863	5,692	4,998	4,371	4,431	4,286	0.00
Total Cost of Revenue	5,078	4,463	4,075	3,475	2,897	2,978	2,865	0.00
Operating Cost of Revenue	5,078	4,463	4,075	3,475	2,897	2,978	2,865	-
Total Operating Expenses	1,567	1,528	1,393	1,263	1,260	1,247	1,403	0.00
Selling, General & Admin Expense	1,374	1,312	1,178	1,109	1,008	1,101	1,403	0.00
Amortization Expense	184	181	216	144	129	129	-	-
Other Operating Expenses / (Income)	3.30	6.10	-2.10	-0.60	28	-3.80	-	-
Restructuring Charge	5.30	29	0.70	1.40	74	21	-	-
Total Other Income / (Expense), net	-602	-339	-56	-94	-468	-310	-289	0.00
Interest Expense	153	181	147	91	324	310	289	-
Other Income / (Expense), net	-449	-158	91	-2.70	-144	0.00	0.00	-
Income Tax Expense	270	74	90	47	73	37	50	0.00
Basic Earnings per Share	$1.32	$1.21	$0.20	$0.34	($1.07)	($1.19)	($2.65)	$0.00
Weighted Average Basic Shares Outstanding	376.42M	380.14M	376.73M	355.54M	307.08M	118.26M	118.26M	0.00
Diluted Earnings per Share	$1.28	$1.19	($0.04)	$0.33	($1.07)	($1.19)	($2.65)	$0.00
Weighted Average Diluted Shares Outstanding	386.33M	386.23M	378.22M	360.14M	307.08M	118.26M	118.26M	0.00
Weighted Average Basic & Diluted Shares Outstanding	380.78M	-	-	-	-	-	118.26M	17.25M

This table shows Vertiv's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	165	147	177	178	-5.90	233	94	83	50	-	21
Consolidated Net Income / (Loss)	165	147	177	178	-5.90	233	94	83	50	-	21
Net Income / (Loss) Continuing Operations	165	147	177	178	-5.90	233	94	83	50	-	21
Total Pre-Tax Income	265	245	269	265	-13	187	146	113	88	-	31
Total Operating Income	291	457	372	336	203	285	251	206	130	-	80
Total Gross Profit	687	870	756	741	566	683	628	594	496	-	429
Total Revenue	2,036	2,346	2,074	1,953	1,639	1,865	1,743	1,734	1,521	-	1,481
Operating Revenue	2,036	2,346	2,074	1,953	1,639	1,865	1,743	1,734	1,521	-	1,481
Total Cost of Revenue	1,350	1,476	1,317	1,212	1,073	1,182	1,115	1,140	1,026	-	1,052
Operating Cost of Revenue	1,350	1,476	1,317	1,212	1,073	1,182	1,115	1,140	1,026	-	1,052
Total Operating Expenses	396	413	385	405	364	398	377	388	365	-	349
Selling, General & Admin Expense	346	362	335	364	314	349	327	328	309	-	295
Amortization Expense	46	47	45	46	46	45	46	45	45	-	54
Other Operating Expenses / (Income)	2.40	3.10	-1.40	-1.90	3.50	-0.90	2.70	6.10	-1.80	-	1.40
Restructuring Charge	1.10	1.20	6.30	-2.50	0.30	5.10	1.30	9.10	13	-	-1.50
Total Other Income / (Expense), net	-25	-212	-103	-71	-216	-98	-105	-93	-43	-	-49
Interest Expense	25	32	36	46	39	43	44	47	47	-	39
Other Income / (Expense), net	0.00	-180	-67	-25	-177	-55	-62	-46	4.20	-	-9.80
Income Tax Expense	101	98	92	87	-7.10	-45	52	30	37	-	10
Basic Earnings per Share	$0.43	$0.39	$0.47	$0.48	($0.02)	$0.61	$0.25	$0.22	$0.13	-	$0.06
Weighted Average Basic Shares Outstanding	380.85M	376.42M	375.20M	374.73M	379.14M	380.14M	380.90M	379.94M	378.13M	376.73M	377.02M
Diluted Earnings per Share	$0.42	$0.38	$0.46	$0.46	($0.02)	$0.61	$0.24	$0.22	$0.12	-	$0.06
Weighted Average Diluted Shares Outstanding	390.11M	386.33M	384.32M	384.49M	379.14M	386.23M	388.24M	382.35M	381.68M	378.22M	377.44M
Weighted Average Basic & Diluted Shares Outstanding	381.11M	380.78M	375.34M	375.15M	374.34M	0.00	-	-	-	0.00	-

This table details how cash moves in and out of Vertiv's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2016
Net Change in Cash & Equivalents	444	515	-174	-96	309	8.40	-173	0.00
Net Cash From Operating Activities	1,319	901	-153	211	209	58	-222	-0.03
Net Cash From Continuing Operating Activities	1,319	901	-153	211	209	58	-222	-0.03
Net Income / (Loss) Continuing Operations	496	460	77	120	-327	-141	-314	-0.30
Consolidated Net Income / (Loss)	496	460	77	120	-327	-141	-314	-0.30
Depreciation Expense	82	74	72	69	60	57	60	-
Amortization Expense	202	205	238	164	153	174	182	-
Non-Cash Adjustments To Reconcile Net Income	484	183	-79	42	373	0.00	-6.90	-0.03
Changes in Operating Assets and Liabilities, net	56	-22	-461	-184	-50	-33	-144	0.30
Net Cash From Investing Activities	-202	-139	-112	-1,217	-46	-65	-208	0.00
Net Cash From Continuing Investing Activities	-202	-139	-112	-1,217	-46	-65	-208	0.00
Purchase of Property, Plant & Equipment	-184	-135	-111	-85	-53	-70	-106	-
Acquisitions	-18	-29	-5.00	-1,164	0.00	0.00	-124	-
Sale of Property, Plant & Equipment	0.00	12	3.90	9.80	7.00	5.00	18	-
Divestitures	0.00	12	0.00	22	0.00	0.00	4.40	-
Net Cash From Financing Activities	-652	-248	100	915	141	15	245	0.03
Net Cash From Continuing Financing Activities	-652	-248	100	915	141	15	245	0.03
Repayment of Debt	-291	-487	-573	-36	-3,964	-99	-320	-0.30
Repurchase of Common Equity	-600	0.00	0.00	-	-	-	-	0.00
Payment of Dividends	-42	-9.50	-3.80	-3.80	-3.30	0.00	0.00	-
Issuance of Debt	270	225	791	850	2,535	114	565	0.30
Other Financing Activities, net	11	24	-114	104	-260	0.00	0.00	0.00
Effect of Exchange Rate Changes	-22	1.50	-9.20	-4.50	5.00	1.40	12	-
Cash Interest Paid	156	177	133	75	167	272	260	-
Cash Income Taxes Paid	273	153	105	97	65	49	58	0.00

This table details how cash moves in and out of Vertiv's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	244	315	330	307	-508	284	225	-	7.60	-	-
Net Cash From Operating Activities	303	425	378	378	138	356	249	-	42	-	-
Net Cash From Continuing Operating Activities	303	425	378	378	138	356	249	-	42	-	-
Net Income / (Loss) Continuing Operations	165	147	177	178	-5.90	233	94	-	50	-	-
Consolidated Net Income / (Loss)	165	147	177	178	-5.90	233	94	-	50	-	-
Depreciation Expense	23	21	21	20	20	20	19	-	18	-	-
Amortization Expense	51	52	50	50	51	51	51	-	52	-	-
Non-Cash Adjustments To Reconcile Net Income	11	189	75	34	186	61	68	-	1.30	-	-
Changes in Operating Assets and Liabilities, net	54	17	56	96	-113	-7.60	17	-	-79	-	-
Net Cash From Investing Activities	-39	-81	-39	-45	-37	-68	-27	-	-17	-	-
Net Cash From Continuing Investing Activities	-39	-81	-39	-45	-37	-68	-27	-	-17	-	-
Purchase of Property, Plant & Equipment	-39	-63	-39	-45	-37	-51	-27	-	-30	-	-
Net Cash From Financing Activities	-25	-12	-17	-21	-603	-11	7.20	-	-19	-	-
Net Cash From Continuing Financing Activities	-25	-12	-17	-21	-603	-11	7.20	-	-19	-	-
Repayment of Debt	-5.30	-5.20	-5.30	-85	-195	-5.60	-70	-	-121	-	-
Repurchase of Common Equity	0.00	-	-	-	-600	-	-	-	0.00	-	-
Payment of Dividends	-14	-14	-9.40	-9.40	-9.30	-9.50	-	-	0.00	-	-
Issuance of Debt	0.00	-	-	80	190	0.30	65	-	100	-	-
Other Financing Activities, net	-5.40	7.60	-2.10	-5.80	11	4.00	13	-	2.10	-	-
Effect of Exchange Rate Changes	4.30	-18	7.50	-5.70	-6.00	6.20	-3.70	-	1.80	-	-

This table presents Vertiv's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Total Assets	9,133	7,999	7,096	6,940	5,074	4,657	697	0.03
Total Current Assets	5,102	4,002	3,159	2,699	2,519	2,017	1.18	0.03
Cash & Equivalents	1,228	780	261	439	535	224	0.84	0.00
Accounts Receivable	2,363	2,118	1,889	1,536	1,354	1,212	-	0.03
Inventories, net	1,244	884	822	616	447	401	-	-
Other Current Assets	267	219	187	107	183	181	0.00	-
Plant, Property, & Equipment, net	625	560	489	489	428	428	0.00	0.00
Total Noncurrent Assets	3,406	3,437	3,448	3,752	2,127	2,212	696	0.00
Goodwill	1,321	1,330	1,285	1,330	607	606	-	-
Intangible Assets	1,487	1,673	1,816	2,138	1,303	1,442	-	-
Noncurrent Deferred & Refundable Income Taxes	303	160	46	48	21	9.00	-	-
Other Noncurrent Operating Assets	294	274	300	236	197	155	696	0.00
Total Liabilities & Shareholders' Equity	9,133	7,999	7,096	6,940	5,074	4,657	697	0.03
Total Liabilities	6,698	5,984	5,654	5,522	4,562	5,362	25	0.00
Total Current Liabilities	3,097	2,305	1,898	1,855	1,742	1,520	1.28	0.00
Short-Term Debt	21	22	22	22	22	0.00	-	-
Accounts Payable	1,316	986	984	859	731	637	1.18	0.00
Accrued Expenses	613	612	514	953	902	868	-	0.00
Current Deferred Revenue	1,063	639	359	-	-	-	0.00	-
Current Deferred & Payable Income Tax Liabilities	84	47	20	21	19	15	0.09	0.00
Total Noncurrent Liabilities	3,601	3,678	3,756	3,667	2,820	3,843	24	0.00
Long-Term Debt	2,907	2,919	3,169	2,951	2,131	3,467	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	240	160	177	199	117	125	-	-
Other Noncurrent Operating Liabilities	454	600	410	518	573	251	24	0.00
Total Equity & Noncontrolling Interests	2,434	2,015	1,442	1,418	512	-705	5.00	0.02
Total Preferred & Common Equity	2,434	2,015	1,442	1,418	512	-705	5.00	0.02
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,434	2,015	1,442	1,418	512	-705	5.00	0.02
Common Stock	2,821	2,711	2,631	2,598	1,792	278	0.27	0.33
Retained Earnings	-238	-692	-1,143	-1,215	-1,331	-1,001	4.73	-0.30
Accumulated Other Comprehensive Income / (Loss)	-149	-4.50	-46	36	52	18	-	-

This table presents Vertiv's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	9,451	8,891	8,108	7,591	7,414	7,257	7,255	6,827
Total Current Assets	5,462	4,805	4,191	3,632	3,621	3,378	3,341	2,974
Cash & Equivalents	1,467	909	580	276	500	275	276	258
Accounts Receivable	2,311	2,329	2,219	2,097	2,021	2,023	1,992	1,744
Inventories, net	1,384	1,255	1,104	987	922	920	904	804
Other Current Assets	300	312	289	272	179	161	169	168
Plant, Property, & Equipment, net	637	593	571	565	509	503	496	466
Total Noncurrent Assets	3,352	3,494	3,346	3,394	3,285	3,375	3,418	3,387
Goodwill	1,340	1,349	1,322	1,323	1,284	1,299	1,295	1,247
Intangible Assets	1,463	1,573	1,578	1,616	1,674	1,747	1,787	1,802
Noncurrent Deferred & Refundable Income Taxes	269	297	161	159	47	48	53	43
Other Noncurrent Operating Assets	280	275	285	296	280	281	283	295
Total Liabilities & Shareholders' Equity	9,451	8,891	8,108	7,591	7,414	7,257	7,255	6,827
Total Liabilities	6,785	7,078	6,571	6,198	5,700	5,599	5,705	5,560
Total Current Liabilities	3,184	3,489	3,080	2,710	2,102	2,056	1,972	1,838
Short-Term Debt	21	21	21	21	22	22	22	22
Accounts Payable	1,407	1,240	1,098	984	932	942	917	883
Accrued Expenses	534	624	601	542	555	538	496	900
Current Deferred Revenue	1,095	1,016	889	735	543	520	503	-
Current Deferred & Payable Income Tax Liabilities	127	124	74	57	49	33	34	33
Total Noncurrent Liabilities	3,601	3,589	3,491	3,488	3,599	3,543	3,733	3,722
Long-Term Debt	2,904	2,910	2,914	2,916	2,923	2,927	3,156	3,224
Noncurrent Deferred & Payable Income Tax Liabilities	238	240	159	155	178	185	189	152
Other Noncurrent Operating Liabilities	458	439	418	417	498	431	389	346
Total Equity & Noncontrolling Interests	2,666	1,814	1,538	1,393	1,714	1,658	1,551	1,267
Total Preferred & Common Equity	2,666	1,814	1,538	1,393	1,714	1,658	1,551	1,267
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,666	1,814	1,538	1,393	1,714	1,658	1,551	1,267
Common Stock	2,830	2,152	2,141	2,745	2,698	2,677	2,662	2,622
Retained Earnings	-88	-371	-538	-707	-915	-1,009	-1,092	-1,165
Accumulated Other Comprehensive Income / (Loss)	-75	33	-65	-39	-69	-9.80	-19	-189

This table displays calculated financial ratios and metrics derived from Vertiv's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	16.74%	20.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	42.09%	218.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Growth	85.64%	709.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Growth	271.09%	1,267.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Growth	23.21%	500.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Growth	7.56%	6,150.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	93.02%	1,378.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	128.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	-50.49%	-9.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	19.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	8.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	332.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	241.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-44.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-45.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	11.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	227.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	7.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	109.87%	69.95%	56.79%	30.47%	33.72%	32.79%	33.14%	0.00%
EBITDA Margin	30.01%	14.47%	10.97%	9.81%	6.48%	9.86%	6.07%	0.00%
Operating Margin	34.13%	25.42%	7.85%	5.20%	4.88%	4.65%	0.42%	0.00%
EBIT Margin	11.46%	20.82%	5.52%	5.15%	1.60%	4.65%	0.42%	0.00%
Profit (Net Income) Margin	12.38%	13.41%	1.35%	2.39%	-7.49%	-3.18%	-7.33%	0.00%
Tax Burden Percent	129.55%	172.46%	45.87%	71.96%	128.55%	135.00%	115.87%	100.00%
Interest Burden Percent	250.08%	149.43%	106.27%	64.62%	-364.76%	-50.61%	-1,522.47%	100.00%
Effective Tax Rate	105.67%	13.77%	54.13%	28.04%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	28.38%	17.60%	2.34%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	1.24%	6.13%	1.46%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	5.02%	9.03%	2.97%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	15.86%	26.63%	5.31%	0.00%	0.00%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	29.67%	-75.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	32.16%	9.46%	8.86%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Assets (ROA)	11.58%	6.10%	2.16%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	15.86%	26.63%	5.31%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	20.37%	22.84%	5.31%	8.44%	-63.91%	19.98%	0.00%	-5.38%
Net Operating Profit after Tax (NOPAT)	1,772	752	102	187	149	144	12	-0.00
NOPAT Margin	11.06%	10.96%	1.80%	3.74%	3.42%	3.26%	0.29%	0.00%
Net Nonoperating Expense Percent (NNEP)	25.90%	11.47%	0.88%	0.00%	0.00%	0.00%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	33.04%	15.18%	2.21%	0.00%	0.00%	0.00%	0.00%	0.00%
Cost of Revenue to Revenue	126.75%	65.02%	71.61%	69.53%	66.28%	67.21%	66.86%	0.00%
SG&A Expenses to Revenue	34.30%	38.24%	41.41%	22.19%	23.07%	24.84%	32.73%	0.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	39.11%	22.27%	48.94%	25.27%	28.83%	28.14%	32.73%	0.00%
Earnings before Interest and Taxes (EBIT)	1,836	1,429	314	257	70	206	18	-0.00
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,404	1,986	624	491	283	437	260	-0.00
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	52.55	9.08	3.57	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	15.97	2.67	0.90	1.76	1.40	0.21	0.20	0.00
Price to Earnings (P/E)	258.02	39.76	67.17	73.43	0.00	0.00	0.00	0.00
Dividend Yield	0.20%	0.05%	0.07%	0.04%	0.05%	0.00%	0.00%	0.00%
Earnings Yield	3.49%	2.51%	1.49%	1.36%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	32.17	4.90	1.85	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	11.07	2.98	1.42	1.76	1.40	0.21	0.20	0.00
Enterprise Value to EBITDA (EV/EBITDA)	36.88	20.60	12.94	17.90	21.57	2.17	3.24	0.00
Enterprise Value to EBIT (EV/EBIT)	144.88	57.28	25.69	34.15	87.59	4.60	47.32	0.00
Enterprise Value to NOPAT (EV/NOPAT)	100.12	54.41	78.81	46.96	40.91	6.57	67.60	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	100.83	22.72	0.00	41.64	29.27	16.49	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	47.87	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	1.20	2.92	2.21	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	3.58	1.45	4.40	0.00	0.00	0.00	0.00	0.00
Financial Leverage	4.06	1.47	2.03	0.00	0.00	0.00	0.00	0.00
Leverage Ratio	11.55	8.73	4.92	0.00	0.00	0.00	0.00	0.00
Compound Leverage Factor	9.63	6.53	5.23	0.00	0.00	0.00	0.00	0.00
Debt to Total Capital	54.61%	59.34%	137.75%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.78%	0.44%	0.94%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	54.21%	58.90%	136.81%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	90.79%	40.66%	62.25%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt to EBITDA	7.31	2.96	10.22	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	4.24	2.18	4.69	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	7.25	2.94	10.15	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	6.61	3.91	62.28	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	5.76	5.75	28.60	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	6.56	7.76	30.93	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	15.77	6.24	2.96	0.00	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	4.94	1.74	1.66	0.00	0.00	0.00	0.00	0.00
Quick Ratio	2.32	1.26	2.27	0.00	0.00	0.00	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,853	-6,453	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to CapEx	716.62%	736.91%	-285.34%	281.95%	457.11%	88.06%	-252.73%	0.00%
Free Cash Flow to Firm to Interest Expense	36.37	-17.87	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	25.90	9.97	-2.07	2.32	0.64	0.19	-0.77	0.00
Operating Cash Flow Less CapEx to Interest Expense	22.29	8.62	-3.53	1.50	0.50	-0.03	-1.07	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	1.87	1.82	1.60	0.00	0.00	0.00	0.00	0.00
Accounts Receivable Turnover	3.58	3.43	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	9.54	5.23	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	27.04	26.16	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	4.41	9.06	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	306.20	106.55	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	229.53	139.56	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	248.30	80.58	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	287.43	191.50	0.00	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	8,270	8,351	4,372	0.00	0.00	0.00	0.00	0.00
Invested Capital Turnover	1.28	1.61	1.30	0.00	0.00	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	-162	12,329	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value (EV)	88,685	20,459	8,075	8,782	6,114	948	842	600
Market Capitalization	42,642	18,299	5,145	8,782	6,114	948	842	600
Book Value per Share	$6.49	$10.56	$3.82	$0.00	$0.00	$0.00	$0.00	$0.00
Tangible Book Value per Share	($1.00)	($5.18)	($4.40)	$0.00	$0.00	$0.00	$0.00	$0.00
Total Capital	5,363	4,956	4,633	0.00	0.00	0.00	0.00	0.00
Total Debt	2,928	2,941	3,191	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	5,814	5,838	3,169	0.00	0.00	0.00	0.00	0.00
Net Debt	3,401	4,321	2,930	0.00	0.00	0.00	0.00	0.00
Capital Expenditures (CapEx)	368	122	107	75	46	65	88	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	798	1,875	1,022	0.00	0.00	0.00	0.00	0.00
Debt-free Net Working Capital (DFNWC)	4,052	3,436	1,283	0.00	0.00	0.00	0.00	0.00
Net Working Capital (NWC)	4,010	1,696	1,261	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Expense (NNE)	780	584	26	67	477	285	326	0.00
Net Nonoperating Obligations (NNO)	3,401	4,321	2,930	0.00	0.00	0.00	0.00	0.00
Total Depreciation and Amortization (D&A)	568	558	310	233	214	231	243	0.00
Debt-free, Cash-free Net Working Capital to Revenue	19.93%	27.32%	17.96%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	75.86%	50.06%	45.07%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Working Capital to Revenue	75.07%	49.43%	22.15%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.32	$1.21	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	376.42M	380.14M	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$1.28	$1.19	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	386.33M	386.23M	0.00	0.00	0.00	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	380.78M	381.97M	0.00	0.00	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	889	777	157	194	216	159	12	-0.00
Normalized NOPAT Margin	22.20%	11.32%	2.76%	3.89%	4.95%	3.58%	0.29%	0.00%
Pre Tax Income Margin	28.66%	15.55%	2.93%	3.33%	-5.83%	-2.35%	-6.32%	0.00%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	12.02	7.91	2.13	2.83	0.22	0.66	0.06	0.00
NOPAT to Interest Expense	17.39	8.33	1.39	2.06	0.46	0.46	0.04	0.00
EBIT Less CapEx to Interest Expense	14.41	6.56	2.81	2.00	0.07	0.45	-0.24	0.00
NOPAT Less CapEx to Interest Expense	13.78	3.49	-0.06	1.23	0.32	0.25	-0.26	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	8.51%	2.06%	9.92%	3.18%	-1.01%	0.00%	0.00%	0.00%
Augmented Payout Ratio	388.52%	2.06%	4.96%	3.18%	-1.01%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Vertiv's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	24.21%	25.79%	18.99%	25.22%	15.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Growth	88.27%	32.20%	44.62%	85.67%	-10.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Growth	1,018.08%	40.31%	-39.20%	188.74%	-271.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Growth	-36.48%	-22.61%	50.93%	396.26%	279.54%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Growth	2,888.14%	-73.60%	175.35%	228.13%	-223.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Growth	2,200.00%	-75.41%	183.33%	218.18%	-350.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	120.58%	19.37%	156.21%	0.00%	682.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	126.61%	-42.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	-49.15%	-1.94%	0.00%	0.00%	0.00%	-4.50%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-13.23%	26.32%	18.54%	57.42%	-24.26%	14.09%	0.49%	28.01%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	4.23%	-53.34%	-1.65%	880.79%	-71.45%	-83.75%	26.27%	101.37%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	4.87%	-17.87%	-102.00%	4,578.46%	-266.19%	-39.07%	36.92%	37.62%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-34.26%	36.44%	-137.83%	59.41%	-19.92%	237.44%	13.54%	102.94%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	11.90%	-16.76%	-2.53%	9,355.93%	-205.07%	294.37%	26.20%	130.82%	0.00%	0.00%	0.00%
EPS Q/Q Growth	10.53%	-17.39%	0.00%	7,200.00%	-309.84%	308.33%	18.18%	83.33%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-28.67%	24.85%	-0.11%	525.60%	-122.80%	43.22%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	562.08%	117.52%	102.05%	106.30%	-5,881.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-0.26%	15.60%	-101.46%	-12.00%	282.68%	0.00%	0.00%	0.00%	-200.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.72%	74.17%	72.96%	113.87%	69.11%	73.27%	72.03%	68.51%	65.15%	0.00%	28.99%
EBITDA Margin	17.90%	29.81%	54.21%	58.53%	17.72%	16.15%	29.74%	23.67%	26.80%	0.00%	8.40%
Operating Margin	14.28%	58.46%	35.84%	17.21%	24.72%	30.58%	28.80%	11.87%	17.13%	0.00%	5.40%
EBIT Margin	14.28%	11.81%	44.04%	47.72%	3.17%	12.37%	21.73%	9.22%	17.68%	0.00%	4.74%
Profit (Net Income) Margin	8.08%	6.26%	17.03%	18.24%	-0.72%	24.94%	5.40%	9.60%	6.61%	0.00%	1.43%
Tax Burden Percent	61.98%	119.90%	65.77%	201.85%	90.77%	248.37%	129.08%	147.39%	114.71%	0.00%	67.52%
Interest Burden Percent	91.30%	176.91%	264.62%	255.67%	-150.00%	162.38%	77.02%	141.30%	130.41%	0.00%	44.73%
Effective Tax Rate	38.02%	80.10%	102.68%	98.15%	0.00%	-48.37%	70.92%	26.31%	42.65%	0.00%	32.48%
Return on Invested Capital (ROIC)	12.17%	67.57%	46.28%	85.65%	89.38%	91.47%	0.00%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	11.70%	31.88%	79.15%	116.25%	18.69%	51.43%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	19.55%	13.83%	132.37%	178.08%	107.11%	75.74%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	31.71%	72.71%	90.41%	204.37%	65.50%	136.72%	0.00%	0.00%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	14.05%	89.17%	-697.56%	-705.79%	-626.14%	-657.58%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	14.09%	22.10%	24.87%	56.49%	5.84%	33.74%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Assets (ROA)	7.97%	5.86%	43.28%	48.59%	-1.32%	11.34%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	31.71%	36.36%	90.41%	306.56%	65.50%	136.72%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	24.99%	0.00%	32.06%	64.90%	28.99%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	180	274	244	452	284	354	162	152	75	0.00	54
NOPAT Margin	8.85%	11.68%	11.79%	34.73%	8.65%	37.97%	9.29%	17.49%	4.91%	0.00%	3.65%
Net Nonoperating Expense Percent (NNEP)	0.46%	19.75%	6.71%	8.15%	22.20%	14.33%	0.00%	0.00%	0.00%	0.00%	1.10%
Return On Investment Capital (ROIC_SIMPLE)	3.22%	5.11%	10.30%	5.05%	6.55%	7.15%	0.00%	0.00%	0.00%	0.00%	1.20%
Cost of Revenue to Revenue	66.28%	188.74%	127.04%	124.09%	196.33%	63.36%	127.97%	65.75%	134.85%	0.00%	71.01%
SG&A Expenses to Revenue	17.01%	30.82%	32.27%	37.26%	57.47%	37.40%	37.55%	37.78%	20.29%	0.00%	19.93%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	19.44%	17.60%	18.56%	62.25%	66.59%	42.69%	43.23%	44.77%	24.01%	0.00%	23.58%
Earnings before Interest and Taxes (EBIT)	291	277	304	621	26	231	379	320	269	0.00	70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	365	350	749	762	194	301	518	410	204	0.00	124
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	10.31	17.52	41.15	21.07	44.68	9.08	0.00	0.00	0.00	3.57	2.89
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	3.27	5.32	9.91	4.50	13.38	2.67	0.00	0.00	0.00	0.90	0.00
Price to Earnings (P/E)	41.27	86.01	64.18	129.84	77.04	39.76	0.00	0.00	0.00	67.17	0.00
Dividend Yield	0.17%	0.10%	0.10%	0.17%	0.06%	0.05%	0.05%	0.08%	0.07%	0.07%	0.10%
Earnings Yield	2.42%	1.16%	1.56%	4.62%	2.60%	2.51%	0.00%	0.00%	0.00%	1.49%	0.00%
Enterprise Value to Invested Capital (EV/IC)	7.02	10.72	20.51	8.93	25.00	4.90	0.00	0.00	0.00	1.85	1.56
Enterprise Value to Revenue (EV/Rev)	3.44	5.53	5.22	4.83	9.68	2.98	0.00	0.00	0.00	1.42	0.00
Enterprise Value to EBITDA (EV/EBITDA)	19.70	18.44	17.05	16.73	85.77	10.30	0.00	0.00	0.00	12.94	0.00
Enterprise Value to EBIT (EV/EBIT)	24.47	24.15	90.25	91.84	167.32	14.32	0.00	0.00	0.00	25.69	0.00
Enterprise Value to NOPAT (EV/NOPAT)	31.16	50.06	80.08	113.68	38.34	27.20	0.00	0.00	0.00	78.81	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	19.49	67.22	62.92	93.00	0.00	45.44	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	33.68	23.94	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.10	2.41	3.23	5.73	6.32	4.38	0.00	0.00	0.00	2.21	2.56
Long-Term Debt to Equity	1.09	3.58	4.81	1.90	6.28	4.35	0.00	0.00	0.00	2.20	2.54
Financial Leverage	1.67	0.87	1.11	3.06	3.82	2.95	0.00	0.00	0.00	2.03	2.36
Leverage Ratio	4.20	7.70	9.80	10.55	10.90	8.73	0.00	0.00	0.00	4.92	5.39
Compound Leverage Factor	3.83	6.81	4.32	13.48	-8.17	3.55	0.00	0.00	0.00	0.00	2.41
Debt to Total Capital	52.31%	163.82%	61.77%	65.62%	135.65%	59.34%	0.00%	0.00%	0.00%	68.88%	71.92%
Short-Term Debt to Total Capital	0.38%	0.78%	0.89%	0.95%	1.47%	1.32%	0.00%	0.00%	0.00%	0.47%	0.48%
Long-Term Debt to Total Capital	51.94%	54.21%	61.33%	65.15%	134.67%	58.90%	0.00%	0.00%	0.00%	68.41%	71.44%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	47.69%	45.39%	76.45%	68.76%	96.52%	121.97%	0.00%	0.00%	0.00%	31.12%	28.08%
Debt to EBITDA	1.99	2.44	3.81	2.83	7.46	2.96	0.00	0.00	0.00	5.11	0.00
Net Debt to EBITDA	0.99	1.41	0.88	3.40	6.76	1.09	0.00	0.00	0.00	4.69	0.00
Long-Term Debt to EBITDA	1.98	2.42	2.52	1.40	11.10	4.41	0.00	0.00	0.00	5.08	0.00
Debt to NOPAT	3.15	3.31	2.98	9.60	3.33	11.73	0.00	0.00	0.00	31.14	0.00
Net Debt to NOPAT	1.57	1.92	4.12	5.14	6.04	8.62	0.00	0.00	0.00	28.60	0.00
Long-Term Debt to NOPAT	3.13	4.92	5.92	6.36	3.31	3.88	0.00	0.00	0.00	30.93	0.00
Altman Z-Score	3.70	5.02	4.24	8.09	11.88	2.92	0.00	0.00	0.00	1.34	0.39
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.72	4.94	1.38	4.08	4.02	3.47	0.00	0.00	0.00	1.66	1.62
Quick Ratio	1.19	1.16	1.86	2.73	2.63	3.77	0.00	0.00	0.00	1.13	1.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	4,166	629	-3,591	-7,333	-15,652	551	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to CapEx	781.70%	1,341.33%	1,929.59%	2,522.67%	753.42%	697.06%	907.66%	0.00%	482.76%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	164.66	9.83	-200.08	-479.30	-401.34	25.39	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	11.99	26.58	31.60	16.49	7.05	24.62	11.43	0.00	1.79	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	10.45	33.92	9.44	21.79	7.77	21.09	5.09	0.00	1.05	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.99	2.81	5.08	3.55	3.68	1.82	0.00	0.00	0.00	1.60	0.00
Accounts Receivable Turnover	3.82	10.73	0.00	0.00	0.00	6.85	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	4.52	14.31	0.00	0.00	0.00	10.46	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	13.98	27.04	0.00	0.00	0.00	26.16	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	4.48	8.82	0.00	0.00	0.00	9.06	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	95.66	204.14	0.00	0.00	0.00	213.10	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	80.80	229.53	0.00	0.00	0.00	139.56	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	81.49	82.77	0.00	0.00	0.00	161.16	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	94.97	191.62	0.00	0.00	0.00	191.50	0.00	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,124	4,135	3,836	7,785	8,110	4,175	0.00	0.00	0.00	4,372	4,255
Invested Capital Turnover	1.37	1.93	3.93	11.10	6.89	1.61	0.00	0.00	0.00	1.30	0.00
Increase / (Decrease) in Invested Capital	-3,986	-41	7,672	7,785	16,220	-197	0.00	0.00	0.00	0.00	0.00
Enterprise Value (EV)	28,950	44,343	39,335	34,743	67,574	20,459	14,131	18,779	5,395	8,075	6,643
Market Capitalization	27,492	42,642	37,312	32,388	31,126	18,299	14,131	9,390	5,395	5,145	3,656
Book Value per Share	$7.00	$6.49	$9.67	$4.11	$7.35	$5.28	$0.00	$0.00	$0.00	$3.82	$3.36
Tangible Book Value per Share	($0.36)	($1.99)	($2.95)	($7.28)	($8.15)	($2.59)	$0.00	$0.00	$0.00	($4.40)	($4.73)
Total Capital	5,592	10,725	9,489	8,945	8,661	4,956	0.00	0.00	0.00	4,633	4,513
Total Debt	2,925	5,856	2,931	2,935	2,937	2,941	0.00	0.00	0.00	3,191	3,246
Total Long-Term Debt	2,904	5,814	2,910	5,827	2,916	2,919	0.00	0.00	0.00	3,169	3,224
Net Debt	1,458	3,401	4,044	4,710	5,323	4,321	0.00	0.00	0.00	2,930	2,988
Capital Expenditures (CapEx)	39	63	39	90	73	51	55	0.00	35	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	831	1,596	856	1,106	1,335	1,875	0.00	0.00	0.00	1,022	899
Debt-free Net Working Capital (DFNWC)	2,299	4,052	2,673	2,266	1,886	1,718	0.00	0.00	0.00	1,283	1,157
Net Working Capital (NWC)	2,278	2,005	2,631	2,223	1,844	3,392	0.00	0.00	0.00	1,261	1,135
Net Nonoperating Expense (NNE)	16	127	68	96	148	122	68	137	49	0.00	33
Net Nonoperating Obligations (NNO)	1,458	1,701	4,044	2,355	5,323	2,161	0.00	0.00	0.00	2,930	2,988
Total Depreciation and Amortization (D&A)	74	145	141	141	142	141	140	91	139	0.00	54
Debt-free, Cash-free Net Working Capital to Revenue	9.89%	19.93%	11.36%	15.36%	28.68%	27.32%	0.00%	0.00%	0.00%	17.96%	0.00%
Debt-free Net Working Capital to Revenue	27.34%	50.57%	35.50%	47.20%	27.02%	75.09%	0.00%	0.00%	0.00%	22.54%	0.00%
Net Working Capital to Revenue	27.09%	50.05%	34.93%	46.32%	13.21%	74.14%	0.00%	0.00%	0.00%	22.15%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.43	$0.39	$0.47	$0.48	($0.02)	$0.61	$0.00	$0.00	$0.00	$0.00	$0.06
Adjusted Weighted Average Basic Shares Outstanding	380.85M	376.42M	375.20M	374.73M	379.14M	380.14M	0.00	0.00	0.00	376.73M	377.02M
Adjusted Diluted Earnings per Share	$0.42	$0.38	$0.46	$0.46	($0.02)	$0.61	$0.00	$0.00	$0.00	$0.00	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	390.11M	386.33M	384.32M	384.49M	379.14M	386.23M	0.00	0.00	0.00	378.22M	377.44M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	381.11M	380.78M	375.34M	375.15M	374.34M	0.00	0.00	0.00	0.00	0.00	377.30M
Normalized Net Operating Profit after Tax (NOPAT)	181	275	249	224	284	203	163	158	82	0.00	53
Normalized NOPAT Margin	8.88%	23.42%	23.97%	34.47%	17.33%	21.79%	18.68%	9.13%	10.81%	0.00%	3.58%
Pre Tax Income Margin	13.04%	20.90%	12.95%	13.55%	-2.38%	20.08%	16.73%	13.02%	11.53%	0.00%	2.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	11.49	8.66	16.96	20.30	2.00	10.63	8.70	3.41	5.75	0.00	1.81
NOPAT to Interest Expense	7.12	17.13	6.81	14.78	10.91	24.48	7.45	3.23	3.19	0.00	1.39
EBIT Less CapEx to Interest Expense	9.96	13.36	22.16	5.79	-0.81	12.41	3.72	3.41	5.00	0.00	1.81
NOPAT Less CapEx to Interest Expense	5.59	13.17	11.43	11.84	8.10	20.95	6.19	6.47	2.45	0.00	1.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	7.07%	25.53%	12.93%	16.96%	0.00%	4.13%	0.00%	0.00%	0.00%	4.96%	0.00%
Augmented Payout Ratio	7.07%	388.52%	219.30%	251.79%	0.00%	6.19%	0.00%	0.00%	0.00%	4.96%	0.00%

Frequently Asked Questions About Vertiv's Financials

When does Vertiv's financial year end?

According to the most recent income statement we have on file, Vertiv's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Vertiv's net income changed over the last 7 years?

Vertiv's net income appears to be on an upward trend, with a most recent value of $495.80 million in 2024, falling from -$1.28 thousand in 2017. The previous period was $460.20 million in 2023. Check out Vertiv's forecast to explore projected trends and price targets.

What is Vertiv's operating income?

Vertiv's total operating income in 2024 was $1.37 billion, based on the following breakdown:

Total Gross Profit: $2.93 billion
Total Operating Expenses: $1.57 billion

How has Vertiv revenue changed over the last 7 years?

Over the last 7 years, Vertiv's total revenue changed from $0.00 in 2017 to $8.01 billion in 2024, a change of 801,180,000,000.0%.

How much debt does Vertiv have?

Vertiv's total liabilities were at $6.70 billion at the end of 2024, a 11.9% increase from 2023, and a 524,937,204.1% increase since 2017.

How much cash does Vertiv have?

In the past 7 years, Vertiv's cash and equivalents has ranged from $0.00 in 2017 to $1.23 billion in 2024, and is currently $1.23 billion as of their latest financial filing in 2024.

How has Vertiv's book value per share changed over the last 7 years?

Over the last 7 years, Vertiv's book value per share changed from 0.00 in 2017 to 6.49 in 2024, a change of 648.6%.

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This page (NYSE:VRT) was last updated on 5/21/2025 by MarketBeat.com Staff

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Vertiv (VRT) Financials

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Vertiv (VRT) Financials

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