Vertiv Holdings Co (VRT)

Vertiv Holdings Co Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,558	1,333	495.8	460.2	76.6	119.6
Depreciation & Amortization	344.7	308.6	277	271	302.4	227
Stock-Based Compensation	51.7	45.9	34.6	25	24.7	23.2
Other Adjustments	499.8	536.4	106.5	-80.3	-98.6	-26.1
Change in Receivables	-686.8	-547.5	-280.3	-277.2	-368	-117.4
Changes in Inventories	-420.3	-164.7	-369.3	-54	-211.4	-125.7
Changes in Accounts Payable	497.5	381.2	343.1	-17.7	132.8	105.1
Changes in Accrued Expenses	77.3	93.1	7	91.5	-22	-43.4
Changes in Income Taxes Payable	-109.2	-67.4	42.8	45.2	-11.6	-8.8
Changes in Unearned Revenue	1,345	717.5	434.5	274.2	67.6	55.3
Changes in Other Operating Activities	-131.9	-72.9	-63.7	4.7	-37.3	2.1
Operating Cash Flow	2,577	2,114	1,319	900.5	-152.8	210.9
Operating Cash Flow Growth	73.54%	60.22%	46.51%	-	-	0.96%
Capital Expenditures	-296.1	-220	-167	-127.9	-100	-73.4
Sale of Property, Plant & Equipment	-	-	12.4	22.4	3.9	9.8
Purchases of Intangible Assets	-5.5	-6.4	-17.1	-6.7	-11	-11.2
Purchases of Investments	-888	-539.6	-	-	-	-
Proceeds from Sale of Investments	550	450	-	-	-	-
Payments for Business Acquisitions	-963.5	-1,185	-17.6	-28.8	-5	-1,164
Proceeds from Business Divestments	-	-	-	11.9	-	21.7
Other Investing Activities	-13.9	-	-	-	-	-
Investing Cash Flow	-1,839	-1,501	-201.7	-139.1	-112.1	-1,217
Short-Term Debt Issued	-	-	270	224.9	790.8	-
Short-Term Debt Repaid	-	-	-270	-459.9	-555.8	-
Net Short-Term Debt Issued (Repaid)	-	-	0	-235	235	-
Long-Term Debt Issued	2,100	-	-	-	-	850
Long-Term Debt Repaid	-2,137	-66.6	-42.2	-20.9	-16.4	-21.8
Net Long-Term Debt Issued (Repaid)	-37.4	-66.6	-42.2	-20.9	-16.4	828.2
Issuance of Common Stock	48.6	26.4	33	27.4	3.1	111.6
Repurchase of Common Stock	-616	-611.1	-21.9	-3.3	-4.3	-7.3
Net Common Stock Issued (Repurchased)	-567.4	-584.7	11.1	24.1	-1.2	104.3
Common Dividends Paid	-9.7	-	-20.9	-9.5	-3.8	-3.8
Other Financing Activities	-	-	-	-	-113.4	-13.8
Financing Cash Flow	-35.5	-72.3	-652.1	-247.5	100.2	914.9
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12	16.9	-21.9	1.5	-9.2	-4.5
Net Cash Flow	715.1	557.6	443.6	515.4	-173.9	-95.5
Free Cash Flow	2,281	1,894	1,152	772.6	-252.8	137.5
Free Cash Flow Growth	20.46%	64.35%	49.15%	-	-	-16.41%
FCF Margin	21.04%	18.51%	14.38%	11.26%	-4.44%	2.75%
Free Cash Flow Per Share	5.83	4.85	2.98	2.00	-0.67	0.38
Levered Free Cash Flow	2,828	2,242	958	691.3	415.7	1,086
Unlevered Free Cash Flow	2,918	2,375	1,390	1,239	222.97	325.23

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q