Frontierby eninvs

Language: EN / RU

← Region

Vertiv Holdings Co (VRT) USD

Makes data-center power, cooling, and critical-infrastructure equipment.

At a glance: strengths & risks
✓Revenue growing (+61% y/y, Q3 2026)✓Profit growing (+92% y/y, Q3 2026)✓Margins improving (22%→25%, Q3 2026)✓Low leverage (0.7x EBITDA)

Sector: United States — large cap (SEC filings)

US_VRT

Price chart

226.33 USDDay -2.65%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
226.33 USD · -2.65%
Market cap
86.6 bn USD

Growth

Δ revenue y/y
61.2%
Δ EBITDA y/y
84.4%

Multiples

P/E (LTM)
41.3x
3y avg: 62.4x
P/B (FY)
22.0x
P/E (ann.)
28.3x
EV/EBITDA (LTM)
28.1x
3y avg: 26.9x
EV/EBITDA (ann.)
19.7x

Cash return

Dividend yield
0.1%
FCF yield (LTM)
2.6%

Value creation

fundamental value/yr, % of market cap
Value created / year
+34.7%
↓ details

Liquidity

Daily turnover (US listing)
1.1 bln USD

Shares: yahoo_fundamentals_timeseries/VRT

Financial results

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-09-30Q3 2026 (3M)OK4.3
y/y 61.2%
1.0
y/y 90.4%
0.1
y/y 43.1%
1.1
y/y 84.4%
0.8
y/y 91.8%
0.8-0.118.2
y/y 68.0%
5.5
y/y 56.8%
59.6%-0.6Link
2026-06-30Q2 2026 (3M)OK3.3
y/y 24.1%
0.6
y/y 44.2%
0.1
y/y 58.0%
0.8
y/y 46.2%
0.5
y/y 53.5%
1.1-0.215.9
y/y 52.8%
4.8
y/y 52.2%
44.2%0.2SEC EDGAR
2026-03-31Q1 2026 (3M)OK2.6
y/y 30.1%
0.4
y/y 51.4%
0.1
y/y 50.4%
0.5
y/y 51.2%
0.4
y/y 137.1%
0.8-0.113.4
y/y 41.8%
4.2
y/y 59.2%
38.1%0.8Link
2025-12-31Q4 2025 (3M)OK2.9
y/y 22.7%
0.6
y/y 26.8%
0.1
y/y 24.4%
0.7
y/y 26.5%
0.4
y/y 203.1%
1.0-1.312.2
y/y 33.7%
3.9
y/y 61.9%
35.8%1.5Link
2025-09-30Q3 2025 (3M)OK2.7
y/y 29.0%
0.5
y/y 39.0%
0.1
y/y 9.4%
0.6
y/y 34.4%
0.4
y/y 125.7%
0.50.010.8
y/y 21.6%
3.5
y/y 93.5%
48.1%1.6Link
2025-06-30Q2 2025 (3M)OK2.6
y/y 35.1%
0.4
y/y 31.7%
0.1
y/y 7.2%
0.5
y/y 27.5%
0.3
y/y 82.0%
0.30.010.4
y/y 28.3%
3.1
y/y 103.3%
44.8%1.3Link
2025-03-31Q1 2025 (3M)OK2.0
y/y 24.2%
0.3
y/y 43.5%
0.1
y/y 4.2%
0.4
y/y 33.5%
0.2
y/y —
0.30.09.5
y/y 24.5%
2.7
y/y 91.4%
25.8%1.5Link
2024-12-31Q4 2024 (3M)OK2.3
y/y 25.8%
0.5
y/y 60.3%
0.1
y/y 3.0%
0.5
y/y 49.2%
0.1
y/y -36.8%
0.4-0.19.1
y/y 14.2%
2.4
y/y 20.8%
23.3%1.9Link
2024-09-30Q3 2024 (3M)OK2.1
y/y 19.0%
0.4
y/y 48.1%
0.1
y/y 1.0%
0.4
y/y 38.0%
0.2
y/y 87.7%
0.40.08.9
y/y 19.9%
1.8
y/y 5.8%
42.2%2.1Link
2024-06-30Q2 2024 (3M)OK2.0
y/y 12.6%
0.3
y/y 63.3%
0.1
y/y 1.6%
0.4
y/y 48.1%
0.2
y/y 114.1%
0.40.08.1
y/y 11.7%
1.5
y/y -7.3%
48.6%2.4Link
2024-03-31Q1 2024 (3M)OK1.6
y/y 7.8%
0.2
y/y 55.5%
0.1
y/y 3.2%
0.3
y/y 37.8%
0.0
y/y -111.7%
0.10.07.6
y/y 4.6%
1.4
y/y -10.1%
-1.4%2.7Link
2023-12-31Q4 2023 (3M)OK1.9
y/y —
0.3
y/y —
0.1
y/y —
0.4
y/y —
0.2
y/y —
0.4-0.18.0
y/y —
2.0
y/y —
24.7%2.3Link
2023-09-30Q3 2023 (3M)OK1.7
y/y —
0.3
y/y —
0.1
y/y —
0.3
y/y —
0.1
y/y —
0.20.07.4
y/y —
1.7
y/y —
22.3%2.5Link
2023-06-30Q2 2023 (3M)OK1.7
y/y —
0.2
y/y —
0.1
y/y —
0.3
y/y —
0.1
y/y —
0.30.07.3
y/y —
1.7
y/y —
20.7%2.7Link
2023-03-31Q1 2023 (3M)OK1.5
y/y —
0.1
y/y —
0.1
y/y —
0.2
y/y —
0.1
y/y —
0.00.07.3
y/y —
1.6
y/y —
—2.9Link

Net debt structure (leases included, IFRS 16) 2026-09-30

Short-term debt (incl. ST leases)3
Long-term debt (incl. LT leases)2 925
− Cash & equivalents3 513
Net debt-584

Net debt / LTM EBITDA: -0.2x

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

01 0002 0003 0004 0005 0002024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q22026 q3

Year-over-year change

0%25%50%75%100%2024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q22026 q3

Cash flow

Operating and investing cash flow (OCF + ICF) ($ mln)

-400-20002004006008002024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q22026 q3

Net debt / cash ($ mln)

-1 00001 0002 0003 0002024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q12026 q22026 q3

Profit and cash

Worth a look
In a typical year of 2022–2025 operating cash flow came to 1.77x of reported net profit; after capex, 1.55x.
year2022202320242025
cash flow / profit-2.00x1.96x2.66x1.59x
accruals, % of assets3.2%-5.5%-9.0%-6.4%
Last twelve months (to 2026-09-30): 1.74x of profit came back as operating cash flow.
net debt / EBITDA 0.7x · EBIT covers interest 21.3x · capex 0.5x of depreciation · dividends 3% of free cash flow · share count +1.1% a year
● Capex is 53% of depreciation - the asset base is being consumed faster than replaced.
Regulated utilities and networks run on long-dated debt against a tariff-set asset base; the leverage bar is set higher for them here.
Read from the reported annual statements: cash flow / profit is the median of the yearly operating cash flow over net profit for the years shown; accruals are (profit − operating cash flow) / assets, the classic gap between what was booked and what was collected. A gap can be growth in working capital, capitalised costs, revaluations or profit from associates — the panel points at it, the statements explain it. Not investment advice.

Research & reviews

Our earnings breakdowns and investment notes on this issuer.

All research →

Fundamental value creation

Value the company creates per year, as a % of market cap

Value created per year: +34.7%

How this was calculated
1. EBITDA growth (latest quarter YoY, annualised)
[EBITDA latest qtr − EBITDA year-ago qtr] × annualisation X (2026-09-30 vs 2025-09-30)
= (1 092 − 592) × 2.80
1 401
2. Current EV/EBITDA (LTM)
(Market cap + Net debt) ÷ EBITDA (LTM)
= (86 583 + -584) ÷ 3 061
28.1x
3. Target multiple
(Current EV/EBITDA + 12) ÷ 2
= (28.1 + 12) ÷ 2
20.0x
4. Cash flow (balance method, LTM)
Net-debt reduction + dividends + buybacks − equity issuance
= 2 171 + 24 + 0 − 0
2 195
4b. Share dilution (at market, LTM)
Share-count growth over the year × Market cap
= 0.3% × 86 583
−266
5. Value created per year
(EBITDA growth × Target multiple + Cash flow − Dilution) ÷ Market cap
= (1 401 × 20.0 + 2 195 − 266) ÷ 86 583
+34.7%

Amounts in millions of the reporting currency. EBITDA growth is the latest quarter vs the same quarter a year ago, annualised.

Caveats:

  • share-count dilution 0.3%/yr (valued at market: -266)

Revenue growth & acceleration

Growth accelerating ▲
Last-year revenue growth +28% vs +17% the year before — a +10.9 pp move. 3-year CAGR +22%.
revenue growth by year: 2023 +21% · 2024 +17% · 2025 +28%
The growth-acceleration signal behind the GARP+acceleration strategy — it favours companies whose revenue growth is speeding up and flags those slowing down (the second derivative of growth).

EV/EBITDA — daily history

Current 28.9x · 3-year 75th pct 33.1x

EV/EBITDA3-year 75th pct

Peer comparison

Group: utilities (US). Every peer trades on the same market, so no adjustment is needed.

CompanyMarketCap, $bnEV/EBITDA
ACUITY INC. (DE)US9.611.2x
HUBBELL INCUS22.516.8x
NEXTERA ENERGY INCUS174.418.2x
nVent Electric plcUS20.518.4x
Talen Energy CorporationUS15.759.9x
Group median18.2x
Group average24.9x
This companyUS88.928.1x

Group median 18.2x; this company 28.1x — a 54% premium.

Group average 24.9x; against the average this company is at a 13% premium. The average sits 37% above the median: Talen Energy Corporation (59.9x) skews the group.

At the adjusted group median the market cap would be -36% versus today.

The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 19.4x, Russia 3.8x, South Africa 5.2x, Kazakhstan 7.7x, India 17.7x, Indonesia 4.6x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-11-01; the company's own is live.

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-09-140.063 USDEx-dividend: 0.063 USD per sharePaidYahoo Finance (ex-div)
2026-06-150.063 USDEx-dividend: 0.063 USD per sharePaidYahoo Finance (ex-div)
2026-03-170.063 USDEx-dividend: 0.063 USD per sharePaidYahoo Finance (ex-div)
2025-11-250.063 USDEx-dividend: 0.063 USD per sharePaidYahoo Finance (ex-div)
2025-09-150.038 USDEx-dividend: 0.038 USD per sharePaidYahoo Finance (ex-div)
2025-06-160.038 USDEx-dividend: 0.038 USD per sharePaidYahoo Finance (ex-div)
2025-03-180.038 USDEx-dividend: 0.038 USD per sharePaidYahoo Finance (ex-div)
2024-12-030.038 USDEx-dividend: 0.038 USD per sharePaidYahoo Finance (ex-div)
2024-09-170.025 USDEx-dividend: 0.025 USD per sharePaidYahoo Finance (ex-div)
2024-06-170.025 USDEx-dividend: 0.025 USD per sharePaidYahoo Finance (ex-div)
2024-03-180.025 USDEx-dividend: 0.025 USD per sharePaidYahoo Finance (ex-div)
2023-12-080.025 USDEx-dividend: 0.025 USD per sharePaidYahoo Finance (ex-div)
2022-11-290.01 USDEx-dividend: 0.01 USD per sharePaidYahoo Finance (ex-div)
2021-11-300.01 USDEx-dividend: 0.01 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)

Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Vertiv Holdings Co (VRT) — from primary filings.

Frequently asked questions

What is Vertiv Holdings Co (VRT)'s P/E ratio?
Vertiv Holdings Co (VRT) trades at a P/E of 41.3x (price to trailing 12-month earnings).
What is Vertiv Holdings Co (VRT)'s EV/EBITDA?
Vertiv Holdings Co (VRT) trades at 28.1x EV/EBITDA.
What is Vertiv Holdings Co (VRT)'s P/B ratio?
Vertiv Holdings Co (VRT) trades at a P/B of 22.0x.
What is Vertiv Holdings Co (VRT)'s dividend yield?
Vertiv Holdings Co (VRT)'s trailing 12-month dividend yield is 0.1%.
What is Vertiv Holdings Co (VRT)'s return on equity (ROE)?
Vertiv Holdings Co (VRT)'s ROE is 59.6%.
What is Vertiv Holdings Co (VRT)'s market capitalization?
Vertiv Holdings Co (VRT)'s market cap is 86.6 bn USD.

See also: AI & Semiconductor Stocks by Valuation (2026): The Cheapest Ways to Own the AI Boom · The Cheapest Stocks in the World (2026): What Value Investing Says About Buying Cheap · global valuation map