Vertiv Holdings Co (VRT) Income Statement Analysis

See more : Games & Esports Experience Acquisition Corp. (GEEXW) Income Statement Analysis – Financial Results

Complete financial analysis of Vertiv Holdings Co (VRT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Vertiv Holdings Co, a leading company in the Electrical Equipment & Parts industry within the Industrials sector.

You may be interested

Vertiv Holdings Co (VRT)

Industry: Electrical Equipment & Parts

Sector: Industrials

Website: https://www.vertiv.com

About Vertiv Holdings Co

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments. It offers AC and DC power management products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure that are integral to the technologies used for various services, including e-commerce, online banking, file sharing, video on-demand, energy storage, wireless communications, Internet of Things, and online gaming. The company also provides lifecycle management services, predictive analytics, and professional services for deploying, maintaining, and optimizing its products and their related systems; and preventative maintenance, acceptance testing, engineering and consulting, performance assessments, remote monitoring, training, spare parts, and critical digital infrastructure software services. It offers its products primarily under the Liebert, NetSure, Geist, E&I, Powerbar, and Avocent brands. The company serves social media, financial services, healthcare, transportation, retail, education, and government industries through a network of direct sales professionals, independent sales representatives, channel partners, and original equipment manufacturers in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Vertiv Holdings Co is headquartered in Columbus, Ohio.

Metric	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	6.86B	5.69B	5.00B	4.37B	4.43B	4.29B	3.88B	3.94B
Cost of Revenue	4.46B	4.08B	3.48B	2.90B	2.98B	2.87B	2.57B	2.53B
Gross Profit	2.40B	1.62B	1.52B	1.47B	1.45B	1.42B	1.31B	1.41B
Gross Profit Ratio	34.98%	28.39%	30.47%	33.72%	32.79%	33.14%	33.84%	35.78%
Research & Development	303.50M	282.00M	266.40M	228.60M	229.40M	198.30M	166.50M	129.40M
General & Administrative	0.00	0.00	0.00	0.00	7.74M	1.04M	1.28K	303.42K
Selling & Marketing	0.00	0.00	0.00	0.00	1.09B	0.00	0.00	-2.00
SG&A	1.31B	1.18B	1.11B	1.01B	1.10B	1.04M	1.28K	303.42K
Other Expenses	-87.50M	210.00M	140.50M	-251.80M	-146.10M	0.00	0.00	0.00
Operating Expenses	1.53B	1.39B	1.25B	1.01B	1.10B	1.04M	1.28K	303.42K
Cost & Expenses	5.99B	5.46B	4.72B	3.91B	4.08B	1.04M	1.28K	303.42K
Interest Income	0.00	147.30M	86.10M	129.10M	310.40M	0.00	0.00	0.00
Interest Expense	180.10M	147.30M	90.60M	150.40M	310.40M	0.00	0.00	0.00
Depreciation & Amortization	271.00M	302.40M	227.00M	203.10M	202.90M	217.00M	344.30M	153.00M
EBITDA	1.02B	526.50M	500.20M	98.90M	409.00M	265.60M	351.40M	-303.42K
EBITDA Ratio	14.92%	9.32%	11.19%	9.53%	9.23%	-0.20%	0.00%	-0.01%
Operating Income	872.20M	223.40M	259.90M	213.50M	206.10M	-1.04M	-1.28K	-303.42K
Operating Income Ratio	12.71%	3.93%	5.20%	4.88%	4.65%	-0.02%	0.00%	-0.01%
Total Other Income/Expenses	-338.50M	-56.40M	-93.70M	-468.10M	-310.40M	7.41M	-60.10M	2.00
Income Before Tax	533.70M	167.00M	166.20M	-110.90M	-104.30M	6.37M	-1.28K	-303.42K
Income Before Tax Ratio	7.78%	2.93%	3.33%	-2.54%	-2.35%	0.15%	0.00%	-0.01%
Income Tax Expense	73.50M	90.40M	46.60M	72.70M	36.50M	1.34M	19.70M	140.10M
Net Income	460.20M	76.60M	119.60M	-183.60M	-140.80M	5.03M	-1.28K	-303.42K
Net Income Ratio	6.71%	1.35%	2.39%	-4.20%	-3.18%	0.12%	0.00%	-0.01%
EPS	1.21	0.20	0.34	-0.60	-1.19	0.06	0.00	0.00
EPS Diluted	1.19	-0.04	0.34	-0.60	-1.19	0.06	0.00	0.00
Weighted Avg Shares Out	380.14M	376.73M	355.54M	307.08M	118.26M	86.25M	86.25M	69.00M
Weighted Avg Shares Out (Dil)	386.23M	378.22M	355.54M	307.08M	118.26M	86.25M	86.25M	69.00M

Vertiv Holdings Co (VRT) Q3 2024 Earnings Call Transcript

October 23, 2024seekingalpha.com

Vertiv Holdings Co (NYSE:VRT ) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Lynne Maxeiner – Vice President of Investor Relations Dave Cote – Executive Chairman Giordano Albertazzi – Chief Executive Officer David Fallon –...

Vertiv CEO: AI is driving 'acceleration of demand' that will continue

October 23, 2024youtube.com

Giordano Albertazzi, CEO of Vertiv, joins CNBC's 'The Exchange' to discuss his message to investors who are skeptical the company's gains can continue, how the company differentiates from competitors, and why the company used a SPAC to go public.

Vertiv Holdings Co. (VRT) Tops Q3 Earnings and Revenue Estimates

October 23, 2024zacks.com

Vertiv Holdings Co. (VRT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.52 per share a year ago.

Data Center Supplier Vertiv Beats Q3 Targets But Misses With Sales Outlook

October 23, 2024investors.com

Vertiv, a provider of digital infrastructure technology for data centers, beat Q3 estimates but provided mixed guidance.

Vertiv Reports Strong Third Quarter 2024 Results and Raises Full Year Guidance

October 23, 2024businesswire.com

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its third quarter ended September 30, 2024. Vertiv reported third quarter 2024 net sales of $2,074 million, an...