InsiderClue
Stocks · Technology · Electronic Components, NEC

Vertiv

VRT Clue Score67
United States Fiscal year ends December CIK 0001674101
$242.78 -0.39% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $242.78 +990.17% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 30 Jul 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Net income−0.00Fiscal year 2017Revenue0.00Net income−0.00Fiscal year 2018Revenue4.29Net income−0.31EPS, diluted−2.65Fiscal year 2019Revenue4.43 +3.4%Operating income0.21Net income−0.14EPS, diluted−1.19Fiscal year 2020Revenue4.37 −1.4%Operating income0.21Net income−0.33EPS, diluted−1.07Fiscal year 2021Revenue5.00 +14.4%Operating income0.26Net income0.12EPS, diluted0.33Fiscal year 2022Revenue5.69 +13.9%Operating income0.22Net income0.08 −36.0%EPS, diluted−0.04Fiscal year 2023Revenue6.86 +20.6%Operating income0.87Net income0.46 +500.8%EPS, diluted1.19Fiscal year 2024Revenue8.01 +16.7%Operating income1.37Net income0.50 +7.7%EPS, diluted1.28Fiscal year 2025Revenue10.23 +27.7%Operating income1.83Net income1.33 +168.8%EPS, diluted3.41
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue n/a 0.00 4.29 4.43 4.37 5.00 5.69 6.86 8.01 10.23
Growth +3.4% −1.4% +14.4% +13.9% +20.6% +16.7% +27.7%
Operating income n/a n/a n/a 0.21 0.21 0.26 0.22 0.87 1.37 1.83
Net income −0.00 −0.00 −0.31 −0.14 −0.33 0.12 0.08 0.46 0.50 1.33
Growth −36.0% +500.8% +7.7% +168.8%
EPS, diluted n/a n/a −2.65 −1.19 −1.07 0.33 −0.04 1.19 1.28 3.41

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Fiscal year 2017Fiscal year 2018Net margin−7.3%Free cash flow margin−6.7%Fiscal year 2019Operating margin4.7%Net margin−3.2%Free cash flow margin0.2%Fiscal year 2020Operating margin4.9%Net margin−7.5%Free cash flow margin3.8%Fiscal year 2021Operating margin5.2%Net margin2.4%Free cash flow margin2.8%Fiscal year 2022Operating margin3.9%Net margin1.3%Free cash flow margin−4.4%Fiscal year 2023Operating margin12.7%Net margin6.7%Free cash flow margin11.3%Fiscal year 2024Operating margin17.1%Net margin6.2%Free cash flow margin14.4%Fiscal year 2025Operating margin17.9%Net margin13.0%Free cash flow margin18.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin n/a n/a n/a 4.7% 4.9% 5.2% 3.9% 12.7% 17.1% 17.9%
Net margin n/a n/a −7.3% −3.2% −7.5% 2.4% 1.3% 6.7% 6.2% 13.0%
Free cash flow margin n/a n/a −6.7% 0.2% 3.8% 2.8% −4.4% 11.3% 14.4% 18.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−0.00Fiscal year 2017Fiscal year 2018Operating cash flow−0.22Capital expenditure−0.06Free cash flow−0.29Dividends paid0.00Fiscal year 2019Operating cash flow0.06Capital expenditure−0.05Free cash flow0.01Dividends paid0.00Fiscal year 2020Operating cash flow0.21Capital expenditure−0.04Free cash flow0.16 +1,561.6%Dividends paid−0.00Fiscal year 2021Operating cash flow0.21Capital expenditure−0.07Free cash flow0.14 −16.4%Dividends paid−0.00Fiscal year 2022Operating cash flow−0.15Capital expenditure−0.10Free cash flow−0.25 −283.9%Buybacks0.00Dividends paid−0.00Fiscal year 2023Operating cash flow0.90Capital expenditure−0.13Free cash flow0.77Buybacks0.00Dividends paid−0.01Fiscal year 2024Operating cash flow1.32Capital expenditure−0.17Free cash flow1.15 +49.1%Buybacks−0.60Dividends paid−0.04Fiscal year 2025Operating cash flow2.11Capital expenditure−0.22Free cash flow1.89 +64.3%Buybacks0.00Dividends paid−0.07
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.00 n/a −0.22 0.06 0.21 0.21 −0.15 0.90 1.32 2.11
Capital expenditure n/a n/a −0.06 −0.05 −0.04 −0.07 −0.10 −0.13 −0.17 −0.22
Free cash flow n/a n/a −0.29 0.01 0.16 0.14 −0.25 0.77 1.15 1.89
Growth +1,561.6% −16.4% −283.9% +49.1% +64.3%
Buybacks n/a n/a n/a n/a n/a n/a 0.00 0.00 −0.60 0.00
Dividends paid n/a n/a 0.00 0.00 −0.00 −0.00 −0.00 −0.01 −0.04 −0.07

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Shareholders’ equity0.00Fiscal year 2017Cash0.40Shareholders’ equity−0.13Fiscal year 2018Cash0.22Shareholders’ equity−0.54Fiscal year 2019Cash0.22Total debt3.47Net cash (debt)−3.24Shareholders’ equity−0.70Fiscal year 2020Cash0.53Total debt2.15Net cash (debt)−1.62Shareholders’ equity0.51Debt to equity4.20Fiscal year 2021Cash0.44Total debt2.97Net cash (debt)−2.53Shareholders’ equity1.42Debt to equity2.10Fiscal year 2022Cash0.26Total debt3.19Net cash (debt)−2.93Shareholders’ equity1.44Debt to equity2.21Fiscal year 2023Cash0.78Total debt2.94Net cash (debt)−2.16Shareholders’ equity2.01Debt to equity1.46Fiscal year 2024Cash1.23Total debt2.93Net cash (debt)−1.70Shareholders’ equity2.43Debt to equity1.20Fiscal year 2025Cash1.73Total debt2.91Net cash (debt)−1.18Shareholders’ equity3.94Debt to equity0.74
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash n/a 0.40 0.22 0.22 0.53 0.44 0.26 0.78 1.23 1.73
Total debt n/a n/a n/a 3.47 2.15 2.97 3.19 2.94 2.93 2.91
Net cash (debt) n/a n/a n/a −3.24 −1.62 −2.53 −2.93 −2.16 −1.70 −1.18
Shareholders’ equity 0.00 −0.13 −0.54 −0.70 0.51 1.42 1.44 2.01 2.43 3.94
Debt to equity n/a n/a n/a n/a 4.20 2.10 2.21 1.46 1.20 0.74

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a n/a 4.7% 4.9% 5.2% 3.9% 12.7% 17.1% 17.9%
n/a n/a −6.3% −2.4% −5.8% 3.3% 2.9% 7.8% 9.6% 17.0%
n/a n/a −7.3% −3.2% −7.5% 2.4% 1.3% 6.7% 6.2% 13.0%
n/a n/a −6.7% 0.2% 3.8% 2.8% −4.4% 11.3% 14.4% 18.5%
Spending
n/a n/a 4.6% 5.2% 5.2% 5.3% 5.0% 4.4% 4.6% 4.3%
n/a n/a 28.6% 24.8% 23.1% 22.2% 20.7% 19.1% 17.1% 15.8%
n/a n/a 1.5% 1.1% 1.0% 1.5% 1.8% 1.9% 2.1% 2.2%
n/a n/a n/a n/a n/a 28.0% 54.1% 13.8% 35.2% 23.5%
Returns
−1,213.7% n/a n/a n/a −63.9% 8.4% 5.3% 22.8% 20.4% 33.8%
n/a −5.1% −45.0% −3.0% −6.5% 1.7% 1.1% 5.8% 5.4% 10.9%
Balance and payout
n/a n/a n/a n/a 4.20 2.10 2.21 1.46 1.20 0.74
n/a 5.1% 3.6% 115.1% 89.9% 79.6% 79.7% 74.8% 73.3% 67.7%
n/a n/a n/a n/a n/a 3.2% 5.0% 2.1% 8.5% 5.0%
n/a n/a n/a 0.0% 2.0% 2.8% n/a 1.2% 55.7% 3.5%