Recent News
On October 13, 2025 Vertiv announced Craig Chamberlin as Executive Vice President and Chief Financial Officer, effective November 10, 2025, with outgoing CFO David Fallon moving to a consulting role through December 31, 2026. On September 3, 2025 the company declared a quarterly cash dividend of $0.0375 per share, payable September 25, 2025 to holders of record on September 15, 2025. On October 16, 2025 a MarketWatch piece highlighted Deutsche Bank commentary raising expectations for Vertiv’s exposure to AI-driven data center investment and signaling an upward price-target revision.
Technical Analysis
ADX/DI+/DI-: ADX registers 34.98, indicating a strong trend in place. DI+ shows a peak-and-reversal at 36.10, which signals bearish pressure from a prior directional advance; DI- sits at 14.23 and trends lower, which equates to bullish movement for the negative line but does not negate the DI+ peak reversal. The combination suggests the current directional strength may begin to favor sellers despite an ongoing trend.
MACD: MACD reads 9.99 with the signal at 8.00 and the MACD trend increasing; the MACD currently sits above its signal line, producing a bullish momentum signal that supports short-term continuation of the recent advance.
MRO (Momentum/Regression Oscillator): MRO stands at 10.68. That positive reading places price above the model target and implies downside pressure toward that target; the magnitude indicates moderate potential for price mean reversion from current levels.
RSI: RSI at 63.13 shows strength below overbought extremes but registers a peak-and-reversal pattern, which points to developing downward pressure from recent highs and elevates the risk of a near-term pullback.
Price vs. Moving Averages & Bands: Price closed at $177.82, trading well above the 200-day average of $115.97 and near the 1x Bollinger upper band ($177.51), indicating the rally carries momentum yet trades at the upper volatility envelope. The 12-day EMA (price12dayEMA $168.24, increasing) supports recent bullish price action while the SuperTrend lower support sits near $159.11, offering a nearby technical support reference.
Fundamental Analysis
Revenue and Margins: Trailing revenue totaled $2,638,100,000 with YoY revenue growth of 54.52%, while sequential revenue growth registers at -323.55% quarter-over-quarter. Gross margin measures 33.99% and operating margin registers 16.93% (operating margin QoQ +18.57%; YoY +6.81%), with EBIT margin at 16.77% (EBIT margin QoQ +17.45%; YoY +5.81%). EBIT margin sits slightly below the industry peer median of 17.886% while remaining above the industry peer mean of 2.268%.
Profitability & Earnings: Net income reached $324,200,000 and EBIT totaled $442,400,000. Reported EPS came in at $0.95 against an estimate of $0.83, producing an EPS surprise of +14.46% and an EPS difference of $0.12. Return on equity measures 10.37% and return on assets measures 3.27%, indicating positive but modest capital efficiency relative to larger profitability metrics.
Cash Flow & Balance Sheet: Operating cash flow tallied $322,900,000 with free cash flow of $277,000,000 and free cash flow yield of 0.58%. Cash and short-term investments total $1,739,000,000 while net debt stands at $1,280,700,000. Debt to EBITDA registers 6.17x and debt to equity sits at 1.02; interest coverage reads 20.77, reflecting comfortable coverage of interest expense despite elevated leverage.
Valuation Metrics: Price-to-earnings registers at 140.74 and forward PE at 121.98; price-to-book measures 15.34, which exceeds the industry peer high of 13.67882. Price-to-sales at 18.18 mirrors a premium revenue multiple. WMDST values the stock as over-valued, a view consistent with elevated P/E and P/B multiples alongside robust growth expectations embedded in current market pricing.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-06-30 |
| REPORT DATE: | 2025-07-30 |
| NEXT REPORT DATE: | 2025-10-22 |
| CASH FLOW | Begin Period Cash Flow | $ 1.5 B |
| Operating Cash Flow | $ 322.9 M | |
| Capital Expenditures | $ -45.90 M | |
| Change In Working Capital | $ -90.40 M | |
| Dividends Paid | $ -14.20 M | |
| Cash Flow Delta | $ 179.9 M | |
| End Period Cash Flow | $ 1.7 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 2.6 B | |
| Forward Revenue | $ 668.0 M | |
| COSTS | ||
| Cost Of Revenue | $ 1.7 B | |
| Depreciation | $ 23.5 M | |
| Depreciation and Amortization | $ 73.3 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 2.2 B | |
| PROFITABILITY | ||
| Gross Profit | $ 896.6 M | |
| EBITDA | $ 515.7 M | |
| EBIT | $ 442.4 M | |
| Operating Income | $ 446.6 M | |
| Interest Income | — | |
| Interest Expense | $ 21.3 M | |
| Net Interest Income | $ -21.30 M | |
| Income Before Tax | $ 421.1 M | |
| Tax Provision | $ 96.9 M | |
| Tax Rate | 23.0 % | |
| Net Income | $ 324.2 M | |
| Net Income From Continuing Operations | $ 324.2 M | |
| EARNINGS | ||
| EPS Estimate | $ 0.83 | |
| EPS Actual | $ 0.95 | |
| EPS Difference | $ 0.12 | |
| EPS Surprise | 14.458 % | |
| Forward EPS | $ 0.86 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 10.4 B | |
| Intangible Assets | $ 2.8 B | |
| Net Tangible Assets | $ 297.2 M | |
| Total Current Assets | $ 6.3 B | |
| Cash and Short-Term Investments | $ 1.7 B | |
| Cash | $ 1.6 B | |
| Net Receivables | $ 2.8 B | |
| Inventory | $ 1.4 B | |
| Long-Term Investments | $ 73.2 M | |
| LIABILITIES | ||
| Accounts Payable | $ 1.6 B | |
| Short-Term Debt | $ 21.0 M | |
| Total Current Liabilities | $ 3.6 B | |
| Net Debt | $ 1.3 B | |
| Total Debt | $ 3.2 B | |
| Total Liabilities | $ 7.3 B | |
| EQUITY | ||
| Total Equity | $ 3.1 B | |
| Retained Earnings | $ 222.0 M | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 8.19 | |
| Shares Outstanding | 381.804 M | |
| Revenue Per-Share | $ 6.91 | |
| VALUATION | Market Capitalization | $ 47.9 B |
| Enterprise Value | $ 49.4 B | |
| Enterprise Multiple | 95.774 | |
| Enterprise Multiple QoQ | -1.883 % | |
| Enterprise Multiple YoY | 10.672 % | |
| Enterprise Multiple IPRWA | high: 242.875 median: 96.987 VRT: 95.774 mean: 81.429 low: -376.687 |
|
| EV/R | 18.722 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 3.33 | |
| Asset To Liability | 1.429 | |
| Debt To Capital | 0.504 | |
| Debt To Assets | 0.306 | |
| Debt To Assets QoQ | -8.125 % | |
| Debt To Assets YoY | 11609.962 % | |
| Debt To Assets IPRWA | high: 0.89 VRT: 0.306 median: 0.286 mean: 0.281 low: 0.001 |
|
| Debt To Equity | 1.018 | |
| Debt To Equity QoQ | -13.698 % | |
| Debt To Equity YoY | 7279.26 % | |
| Debt To Equity IPRWA | high: 2.061 VRT: 1.018 median: 0.623 mean: 0.584 low: -0.406 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 15.342 | |
| Price To Book QoQ | 21.43 % | |
| Price To Book YoY | -29.083 % | |
| Price To Book IPRWA | VRT: 15.342 high: 13.679 median: 7.322 mean: 6.294 low: -5.314 |
|
| Price To Earnings (P/E) | 140.745 | |
| Price To Earnings QoQ | 1.874 % | |
| Price To Earnings YoY | 6.348 % | |
| Price To Earnings IPRWA | high: 242.916 VRT: 140.745 median: 116.625 mean: 105.198 low: -107.298 |
|
| PE/G Ratio | 4.741 | |
| Price To Sales (P/S) | 18.176 | |
| Price To Sales QoQ | 9.848 % | |
| Price To Sales YoY | 6.711 % | |
| Price To Sales IPRWA | high: 95.254 median: 19.383 mean: 18.329 VRT: 18.176 low: 0.809 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 121.979 | |
| Forward PE/G | 4.109 | |
| Forward P/S | 71.784 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 1.765 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.266 | |
| Asset Turnover Ratio QoQ | 21.262 % | |
| Asset Turnover Ratio YoY | 6.81 % | |
| Asset Turnover Ratio IPRWA | high: 0.512 VRT: 0.266 median: 0.176 mean: 0.169 low: 0.013 |
|
| Receivables Turnover | 1.026 | |
| Receivables Turnover Ratio QoQ | 17.771 % | |
| Receivables Turnover Ratio YoY | 13.401 % | |
| Receivables Turnover Ratio IPRWA | high: 2.931 mean: 1.391 median: 1.329 VRT: 1.026 low: 0.153 |
|
| Inventory Turnover | 1.245 | |
| Inventory Turnover Ratio QoQ | 21.254 % | |
| Inventory Turnover Ratio YoY | 7.452 % | |
| Inventory Turnover Ratio IPRWA | high: 2.235 VRT: 1.245 median: 0.988 mean: 0.942 low: 0.042 |
|
| Days Sales Outstanding (DSO) | 88.92 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 81.638 | |
| Cash Conversion Cycle Days QoQ | -19.78 % | |
| Cash Conversion Cycle Days YoY | -19.342 % | |
| Cash Conversion Cycle Days IPRWA | high: 603.753 mean: 112.295 median: 86.76 VRT: 81.638 low: -40.693 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 0.982 | |
| CapEx To Revenue | -0.017 | |
| CapEx To Depreciation | -1.953 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 6.0 B | |
| Net Invested Capital | $ 6.0 B | |
| Invested Capital | $ 6.0 B | |
| Net Tangible Assets | $ 297.2 M | |
| Net Working Capital | $ 2.7 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.481 | |
| Current Ratio | 1.744 | |
| Current Ratio QoQ | 1.642 % | |
| Current Ratio YoY | 28.113 % | |
| Current Ratio IPRWA | high: 8.293 mean: 1.787 VRT: 1.744 median: 1.24 low: 0.052 |
|
| Quick Ratio | 1.353 | |
| Quick Ratio QoQ | 5.596 % | |
| Quick Ratio YoY | 34.905 % | |
| Quick Ratio IPRWA | high: 5.59 VRT: 1.353 mean: 1.058 median: 0.763 low: 0.237 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 6.167 | |
| Cost Of Debt | 0.519 % | |
| Interest Coverage Ratio | 20.77 | |
| Interest Coverage Ratio QoQ | 80.764 % | |
| Interest Coverage Ratio YoY | 200.644 % | |
| Interest Coverage Ratio IPRWA | high: 55.421 VRT: 20.77 median: 17.704 mean: 13.159 low: -83.535 |
|
| Operating Cash Flow Ratio | 0.013 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 101.839 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 22.831 | |
| Dividend Payout Ratio | 0.044 | |
| Dividend Rate | $ 0.04 | |
| Dividend Yield | 0.0 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 10.106 % | |
| Revenue Growth | 29.573 % | |
| Revenue Growth QoQ | -323.547 % | |
| Revenue Growth YoY | 54.517 % | |
| Revenue Growth IPRWA | high: 96.905 % VRT: 29.573 % median: 10.209 % mean: 9.946 % low: -39.783 % |
|
| Earnings Growth | 29.687 % | |
| Earnings Growth QoQ | -183.971 % | |
| Earnings Growth YoY | -46.811 % | |
| Earnings Growth IPRWA | high: 141.667 % VRT: 29.687 % mean: 12.856 % median: 8.456 % low: -153.061 % |
|
| MARGINS | ||
| Gross Margin | 33.987 % | |
| Gross Margin QoQ | 0.798 % | |
| Gross Margin YoY | -10.457 % | |
| Gross Margin IPRWA | high: 44.771 % median: 36.952 % mean: 35.924 % VRT: 33.987 % low: -30.732 % |
|
| EBIT Margin | 16.77 % | |
| EBIT Margin QoQ | 17.453 % | |
| EBIT Margin YoY | 5.811 % | |
| EBIT Margin IPRWA | high: 204.991 % median: 17.886 % VRT: 16.77 % mean: 2.268 % low: -564.058 % |
|
| Return On Sales (ROS) | 16.929 % | |
| Return On Sales QoQ | 18.567 % | |
| Return On Sales YoY | 6.814 % | |
| Return On Sales IPRWA | high: 23.716 % median: 17.871 % VRT: 16.929 % mean: 0.451 % low: -564.058 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 277.0 M | |
| Free Cash Flow Yield | 0.578 % | |
| Free Cash Flow Yield QoQ | -26.369 % | |
| Free Cash Flow Yield YoY | -42.315 % | |
| Free Cash Flow Yield IPRWA | high: 3.958 % VRT: 0.578 % median: 0.526 % mean: 0.159 % low: -31.924 % |
|
| Free Cash Growth | 4.726 % | |
| Free Cash Growth QoQ | -117.573 % | |
| Free Cash Growth YoY | -97.946 % | |
| Free Cash Growth IPRWA | high: 417.228 % median: 45.513 % VRT: 4.726 % mean: -13.357 % low: -487.773 % |
|
| Free Cash To Net Income | 0.854 | |
| Cash Flow Margin | 1.713 % | |
| Cash Flow To Earnings | 0.139 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 3.265 % | |
| Return On Assets QoQ | 84.463 % | |
| Return On Assets YoY | 43.896 % | |
| Return On Assets IPRWA | high: 6.922 % VRT: 3.265 % median: 2.464 % mean: 1.669 % low: -26.359 % |
|
| Return On Capital Employed (ROCE) | 6.514 % | |
| Return On Equity (ROE) | 0.104 | |
| Return On Equity QoQ | 68.147 % | |
| Return On Equity YoY | -10.454 % | |
| Return On Equity IPRWA | high: 0.218 VRT: 0.104 median: 0.053 mean: 0.037 low: -0.433 |
|
| DuPont ROE | 11.195 % | |
| Return On Invested Capital (ROIC) | 5.633 % | |
| Return On Invested Capital QoQ | 74.775 % | |
| Return On Invested Capital YoY | -115.104 % | |
| Return On Invested Capital IPRWA | high: 8.607 % VRT: 5.633 % median: 3.52 % mean: 2.987 % low: -11.158 % |
|