Vertiv Holdings Co - Understand $vrt stock

$VRT Market Cap: $32.75 Billion

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Financial Snapshot

Revenue

$7.200B

TTM

Gross Margin

36.3%

TTM

Net Earnings

$498.9M

TTM

Current Assets

$4.191B

Q2 2024

Current Liabilities

$3.080B

Q2 2024

Current Ratio

136.09%

Q2 2024

Total Assets

$8.108B

Q2 2024

Total Liabilities

$6.571B

Q2 2024

Book Value

$1.538B

Q2 2024

Cash

$579.7M

Q2 2024

P/E

65.64

Sep 17, 2024 EST

Free Cash Flow

$960.8M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$6.863B	$5.692B	$4.998B	$4.371B	$4.431B	$0.00	$0.00	$0.00
YoY Change	20.59%	13.87%	14.36%	-1.37%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$6.863B	$5.692B	$4.998B	$4.371B	$4.431B	$0.00	$0.00	$0.00
Cost Of Revenue	$4.463B	$4.075B	$3.475B	$2.897B	$2.978B	$2.865B
Gross Profit	$2.401B	$1.616B	$1.523B	$1.474B	$1.453B	-$2.865B
Gross Profit Margin	34.98%	28.39%	30.47%	33.72%	32.79%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin	$1.312B	$1.178B	$1.109B	$1.008B	$1.101B	$1.224B	$0.00	$300.0K
YoY Change	11.37%	6.25%	9.98%	-8.39%	-10.05%		-100.0%
% of Gross Profit	54.67%	72.91%	72.83%	68.43%	75.76%
Research & Development	$303.5M	$282.0M	$266.4M	$228.6M	$229.4M	$198.3M
YoY Change	7.62%	5.86%	16.54%	-0.35%	15.68%
% of Gross Profit	12.64%	17.45%	17.5%	15.51%	15.79%
Depreciation & Amortization	$271.0M	$302.4M	$227.0M	$203.1M	$202.9M	$217.0M
YoY Change	-10.38%	33.22%	11.77%	0.1%	-6.5%
% of Gross Profit	11.29%	18.71%	14.91%	13.78%	13.96%
Operating Expenses	$1.616B	$1.460B	$1.375B	$1.237B	$1.330B	$1.422B	$0.00	$300.0K
YoY Change	10.65%	6.17%	11.19%	-7.01%	-6.46%		-100.0%
Operating Profit	$872.2M	$223.4M	$259.9M	$213.5M	$206.1M	-$4.287B
YoY Change	290.42%	-14.04%	21.73%	3.59%	-104.81%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$180.1M	$147.3M	$90.60M	$150.4M	$310.4M	$288.8M
YoY Change	22.27%	62.58%	-39.76%	-51.55%	7.48%
% of Operating Profit	20.65%	65.94%	34.86%	70.44%	150.61%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$533.7M	$167.0M	$166.2M	-$254.6M	-$104.3M	-$271.0M	-$1.276K	-$300.0K
YoY Change	219.58%	0.48%	-165.28%	144.1%	-61.51%	21238144.51%	-99.57%
Income Tax	$73.50M	$90.40M	$46.60M	$72.70M	$36.50M	$49.90M	$0.00	$0.00
% Of Pretax Income	13.77%	54.13%	28.04%
Net Earnings	$460.2M	$76.60M	$119.6M	-$327.3M	-$140.8M	-$314.0M	-$1.276K	-$303.4K
YoY Change	500.78%	-35.95%	-136.54%	132.46%	-55.16%	24608050.47%	-99.58%
Net Earnings / Revenue	6.71%	1.35%	2.39%	-7.49%	-3.18%
Basic Earnings Per Share	$1.21	$0.20	$0.34	-$1.07	-$1.19	-$2.65
Diluted Earnings Per Share	$1.19	-$0.04	$0.33	-$1.07	-$1.19	-$2.65	$0.00	-$4.000K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$780.4M	$260.6M	$439.1M	$534.6M	$707.4M	$800.0K
YoY Change	199.46%	-40.65%	-17.86%	-24.43%	88325.0%
Cash & Equivalents	$780.4M	$260.6M	$439.1M	$534.6M
Short-Term Investments					$706.5M
Other Short-Term Assets	$151.6M	$187.3M	$106.8M	$183.2M	$1.600M	$300.0K	$0.00	$0.00
YoY Change	-19.06%	75.37%	-41.7%	11350.0%	433.33%
Inventory	$884.3M	$822.0M	$616.3M	$446.6M
Prepaid Expenses
Receivables	$2.185B	$1.889B	$1.536B	$1.354B		$0.00	$0.00	$0.00
Other Receivables	$0.00	$0.00	$0.00	$0.00		$0.00	$0.00	$0.00
Total Short-Term Assets	$4.002B	$3.159B	$2.699B	$2.519B	$709.1M	$1.200M	$0.00	$0.00
YoY Change	26.68%	17.05%	7.14%	255.21%	58991.67%
Property, Plant & Equipment	$733.6M	$655.8M	$642.2M	$573.4M
YoY Change	11.86%	2.12%	12.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments					$0.00	$694.9M
YoY Change					-100.0%
Other Assets	$260.2M	$180.4M	$130.5M	$71.90M	$0.00	$1.300M
YoY Change	44.24%	38.24%	81.5%		-100.0%
Total Long-Term Assets	$3.997B	$3.937B	$4.241B	$2.555B	$0.00	$696.1M	$0.00	$0.00
YoY Change	1.52%	-7.17%	65.99%		-100.0%
Total Assets	$7.999B	$7.096B	$6.940B	$5.074B	$709.1M	$697.3M	$0.00	$0.00
YoY Change
Accounts Payable	$986.4M	$984.0M	$858.5M	$730.5M	$6.600M	$600.0K	$0.00	$0.00
YoY Change	0.24%	14.62%	17.52%	10968.18%	1000.0%
Accrued Expenses	$611.8M	$513.7M	$662.4M	$666.1M		$500.0K	$0.00	$0.00
YoY Change	19.1%	-22.45%	-0.56%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$21.80M	$21.80M	$21.80M	$22.00M
YoY Change	0.0%	0.0%	-0.91%
Total Short-Term Liabilities	$2.305B	$1.898B	$1.855B	$1.742B	$30.80M	$1.300M	$0.00	$0.00
YoY Change	21.47%	2.32%	6.5%	5554.55%	2269.23%
Long-Term Debt	$2.919B	$3.169B	$2.951B	$2.131B	$0.00	$0.00	$0.00	$0.00
YoY Change	-7.89%	7.41%	38.49%
Other Long-Term Liabilities	$599.6M	$410.3M	$517.8M	$573.1M	$0.00	$24.20M
YoY Change	46.14%	-20.76%	-9.65%		-100.0%
Total Long-Term Liabilities	$3.519B	$3.579B	$3.468B	$2.704B	$0.00	$24.20M	$0.00	$0.00
YoY Change	-1.7%	3.2%	28.28%		-100.0%
Total Liabilities	$5.984B	$5.654B	$5.522B	$4.562B	$30.80M	$25.40M	$0.00	$0.00
YoY Change	5.83%	2.39%	21.05%	14710.71%	21.26%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding	380.1M shares	376.7M shares	355.5M shares	307.1M shares	118.3M shares	118.3M shares
Diluted Shares Outstanding	386.2M shares	378.2M shares	360.1M shares	307.1M shares	118.3M shares	118.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $32.747 Billion

About Vertiv Holdings Co

Vertiv Holdings Co. engages in the design, manufacture, and service of critical digital infrastructure technology that powers, cools, deploys, secures and maintains electronics that process, store and transmit data. The company is headquartered in Westerville, Ohio and currently employs 27,000 full-time employees. The company went IPO on 2018-06-12. Its range of offerings includes alternate current and direct current power management products, switchgear and busbar products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure. These comprehensive offerings are integral to the technologies used for services, such as e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, Internet of Things and online gaming. In addition, through its global services network, the Company provides lifecycle management services, predictive analytics and professional services for deploying, maintaining and optimizing these products and their related systems. Its brands include Vertiv, Liebert, NetSure, Geist, Energy Labs and others.

Industry: Electronic Components, NEC Peers: Acuity Brands Inc Atkore Inc ChargePoint Holdings Inc Enovix Corp Regal Rexnord Corp Sensata Technologies Holding PLC Shoals Technologies Group Inc SunPower Corporation Vicor Corp