Vertiv Holdings Co (VRT)

Vertiv Holdings Co Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8,409	8,012	6,863	5,692	4,998	4,371
Revenue Growth (YoY)	20.45%	16.74%	20.59%	13.87%	14.36%	-1.37%
Cost of Revenue	5,354	5,078	4,463	4,075	3,475	2,897
Gross Profit	3,054	2,934	2,401	1,616	1,523	1,474
Selling, General & Admin	1,406	1,374	1,312	1,178	1,109	1,008
Other Operating Expenses	-9	-8.5	-10.7	-5.4	-3.8	1.5
Operating Expenses	1,582	1,550	1,483	1,389	1,250	1,139
Operating Income	1,473	1,385	917.6	227.4	273.2	335.1
Interest Expense	-136.7	-150.4	-180.1	-147.3	-90.6	-129.1
Currency Exchange Gain (Loss)	-11.2	-11.8	-16.8	-3.3	-3.2	-26
Other Non Operating Income (Expenses)	-272.6	-449.2	-157.9	90.9	-2.7	-165
EBT Excluding Unusual Items	1,052	773.1	562.8	167.7	176.7	15
Merger & Restructuring Charges	-6.1	-5.3	-28.6	-0.7	-1.4	-82.6
Asset Writedown	-	-	-	-	-8.7	-13
Other Unusual Items	-2.4	-2.4	-0.5	-	-0.4	-174
Pretax Income	1,044	765.4	533.7	167	166.2	-254.6
Income Tax Expense	377.6	269.6	73.5	90.4	46.6	72.7
Earnings From Continuing Operations	666.2	495.8	460.2	76.6	119.6	-327.3
Net Income	666.2	495.8	460.2	76.6	119.6	-327.3
Net Income to Common	666.2	495.8	460.2	76.6	119.6	-327.3
Net Income Growth	64.90%	7.74%	500.78%	-35.95%	-	-
Shares Outstanding (Basic)	377	376	380	377	356	307
Shares Outstanding (Diluted)	389	386	386	378	360	307
Shares Change (YoY)	0.90%	0.03%	2.12%	5.02%	17.28%	159.66%
EPS (Basic)	1.77	1.32	1.21	0.20	0.34	-1.07
EPS (Diluted)	1.71	1.28	1.19	-0.04	0.33	-1.07
EPS Growth	62.58%	7.56%	-	-	-	-
Free Cash Flow	1,317	1,152	772.6	-252.8	137.5	164.5
Free Cash Flow Per Share	3.39	2.98	2.00	-0.67	0.38	0.54
Dividend Per Share	0.125	0.113	0.025	0.010	0.010	0.010
Dividend Growth	150.00%	350.00%	150.00%	-	-	-
Gross Margin	36.32%	36.62%	34.98%	28.39%	30.47%	33.72%
Operating Margin	17.52%	17.28%	13.37%	4.00%	5.47%	7.67%
Profit Margin	7.92%	6.19%	6.71%	1.35%	2.39%	-7.49%
Free Cash Flow Margin	15.67%	14.38%	11.26%	-4.44%	2.75%	3.76%
EBITDA	1,753	1,662	1,189	529.8	500.2	538.2
EBITDA Margin	20.84%	20.74%	17.32%	9.31%	10.01%	12.31%
D&A For EBITDA	279.9	277	271	302.4	227	203.1
EBIT	1,473	1,385	917.6	227.4	273.2	335.1
EBIT Margin	17.52%	17.28%	13.37%	4.00%	5.47%	7.67%
Effective Tax Rate	36.18%	35.22%	13.77%	54.13%	28.04%	-
Revenue as Reported	8,409	8,012	6,863	5,692	4,998	4,371
Advertising Expenses	-	19.4	20.1	20.6	26	28.3

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q