Financial Snapshot

Revenue
$7.531B
TTM
Gross Margin
36.41%
TTM
Net Earnings
$581.4M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
137.7%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.814B
Q3 2024
Cash
Q3 2024
P/E
84.49
Nov 29, 2024 EST
Free Cash Flow
$1.079B
TTM

Revenues

Revenues

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Revenue YoY Change

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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

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Gross Profit

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Gross Profit Margin

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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

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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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

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016
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

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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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

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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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

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016
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

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $49.124 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 CORP VICOR CORP