Vertiv Holdings Co (VRT)

Vertiv Holdings Co Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,333	495.8	460.2	76.6	119.6
Depreciation & Amortization	308.6	277	271	302.4	227
Other Amortization	5.9	7	7.9	7.5	6.3
Loss (Gain) From Sale of Assets	-	-	-	-3.7	-
Asset Writedown & Restructuring Costs	-	-	-	-	8.7
Stock-Based Compensation	45.9	34.6	25	24.7	23.2
Other Operating Activities	81.3	390.8	69.7	-111.1	-41.1
Change in Accounts Receivable	-547.5	-280.3	-277.2	-368	-117.4
Change in Inventory	-164.7	-369.3	-54	-211.4	-125.7
Change in Accounts Payable	381.2	343.1	-17.7	132.8	105.1
Change in Unearned Revenue	717.5	434.5	274.2	67.6	55.3
Change in Income Taxes	-67.4	42.8	45.2	-11.6	-8.8
Change in Other Net Operating Assets	20.2	-56.7	96.2	-58.6	-41.3
Operating Cash Flow	2,114	1,319	900.5	-152.8	210.9
Operating Cash Flow Growth	60.22%	46.51%	-	-	0.96%
Capital Expenditures	-220	-167	-127.9	-100	-73.4
Sale of Property, Plant & Equipment	-	-	12.4	3.9	9.8
Cash Acquisitions	-1,185	-17.6	-28.8	-5	-1,164
Divestitures	-	-	11.9	-	21.7
Sale (Purchase) of Intangibles	-6.4	-17.1	-6.7	-11	-11.2
Investment in Securities	-89.6	-	-	-	-
Investing Cash Flow	-1,501	-201.7	-139.1	-112.1	-1,217
Long-Term Debt Issued	-	270	224.9	790.8	850
Total Debt Issued	-	270	224.9	790.8	850
Long-Term Debt Repaid	-20.9	-291.1	-487	-572.2	-21.8
Total Debt Repaid	-20.9	-291.1	-487	-572.2	-21.8
Net Debt Issued (Repaid)	-20.9	-21.1	-262.1	218.6	828.2
Issuance of Common Stock	26.4	33	27.4	3.1	111.6
Repurchase of Common Stock	-11.2	-621.8	-3.3	-4.3	-7.3
Common Dividends Paid	-66.6	-42.2	-9.5	-3.8	-3.8
Other Financing Activities	-	-	-	-113.4	-13.8
Financing Cash Flow	-72.3	-652.1	-247.5	100.2	914.9
Foreign Exchange Rate Adjustments	16.9	-21.9	1.5	-9.2	-4.5
Net Cash Flow	557.6	443.6	515.4	-173.9	-95.5
Free Cash Flow	1,894	1,152	772.6	-252.8	137.5
Free Cash Flow Growth	64.35%	49.15%	-	-	-16.41%
Free Cash Flow Margin	18.51%	14.38%	11.26%	-4.44%	2.75%
Free Cash Flow Per Share	4.85	2.98	2.00	-0.67	0.38
Cash Interest Paid	126.7	155.5	176.7	132.8	75.1
Cash Income Tax Paid	428.2	272.5	153	104.6	97.3
Levered Free Cash Flow	1,429	1,036	716.54	-280.64	127.23
Unlevered Free Cash Flow	1,477	1,123	821.2	-196.08	177.55
Change in Working Capital	339.3	114.1	66.7	-449.2	-132.8

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q