Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Vertiv

VRT stock analysis · Industrials · Electrical Components & Equipment

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$334.82HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$128.9B

Price × SEC outstanding shares. Shares measured 2026-06-30. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$74.72

Equity cash-flow scenario · SEC outstanding shares at 2026-06-30 · -77.7% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

45.6%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-68.0%

76 sector peers · median 30.9×

How this is calculated ↗
Valuation

Historical multiples

Requires three annual historical market caps and eligible filed earnings.

Requires three annual historical market caps and eligible filed earnings.

How this is calculated ↗
Valuation

Free cash flow yield

1.5%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

31.2%

Normalized tax · financing-capital proxy · parent-equity fallback (scope limitation) · short-term borrowing coverage incomplete

How this is calculated ↗
Valuation

Value composite

5/100

Annual basis · read assumptions below

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

33.7%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

0.0%

Annual basis · read assumptions below

How this is calculated ↗
Quality

Accrual quality

-7.3%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

10.9%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2.1B2020-12-31: cfo $208,900,000.002020-12-31: capex $44,400,000.0020202021-12-31: cfo $210,900,000.002021-12-31: capex $73,400,000.0020212022-12-31: cfo -$152,800,000.00 (negative; lower scale compressed)2022-12-31: capex $100,000,000.0020222023-12-31: cfo $900,500,000.002023-12-31: capex $127,900,000.0020232024-12-31: cfo $1,319,300,000.002024-12-31: capex $167,000,000.0020242025-12-31: cfo $2,113,800,000.002025-12-31: capex $220,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$93.73$102.26$111.44
10.0%$68.68$74.72$81.21
12.0%$54.18$58.79$63.74

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3110.2B1.3B2.1B220M12.2B
2024-12-318B495.8M1.3B167M9.1B
2023-12-316.9B460.2M900.5M127.9M8B
2022-12-315.7B76.6M-152.8M100M7.1B
2021-12-315B119.6M210.9M73.4M6.9B
2020-12-314.4B-327.3M208.9M44.4M5.1B
2019-12-314.4B4.4M57.5M47.6M4.7B
2018-12-314.3B5M-221.9M64.6M697.3M

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue10.2BRevenueFromContractWithCustomerExcludingAssessedTax2026-02-13
netIncome1.3BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-13
Parent/common earnings proxy1.3BNetIncomeLoss2026-02-13
cfo2.1BNetCashProvidedByUsedInOperatingActivities2026-02-13
capex220MPaymentsToAcquirePropertyPlantAndEquipment2026-02-13
operatingIncome1.8BOperatingIncomeLoss2026-02-13
assets12.2BAssets2026-02-13
equity3.9BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-13
Parent book equity proxy3.9BStockholdersEquity2026-02-13
debt2.9BLongTermDebt2026-02-13
shortDebtNot reported under a supported tag
cash1.7BCashAndCashEquivalentsAtCarryingValue2026-02-13
shares390.7MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-13
dividends66.6MPaymentsOfDividends2026-02-13
buybacks0PaymentsForRepurchaseOfCommonStock2026-02-13
issuance26.4MReviewed manual correction
Bounded FY2025-12-31 consolidated financing-statement extraction. Exercise of employee stock options: 26400000 USD [us-gaap:ProceedsFromStockOptionsExercised]. All 7 financing lines reconcile exactly to reported financing cash flow -72300000 USD. Cash inflows from common shares, employee plans and option exercises are summed once as displayed on the statement; noncash compensation, withholding payments, preferred and noncontrolling interests are excluded. This review applies only to this issuer and fiscal period. Source limitation: issuance follows the separately reported common cash-inflow lines; it is not an independent verification of every gross equity transaction.
2026-02-13