Vertiv (VRT) stock
Industrials · Electrical Components & Equipment
Vertiv (VRT) is an Electrical Components & Equipment company in the Industrials sector, headquartered in Westerville, Ohio. As of October 23, 2026, VRT closed at $194.32, a market capitalization of $74.81 billion, the 170th largest company in the S&P 500. Over the last twelve months it generated $11.48 billion in revenue (+24% year over year) and $2.92 billion in free cash flow. The stock trades at 44.0x trailing earnings and 21.1x forward earnings.
- 1-year total return: +6.2% (dividends reinvested)
- 5-year return: +52.0% a year
- 52-week range: $147.82 – $379.94
- Gross margin 38.0%, operating margin 20.4%
- Dividend yield: 0.13%, 3 straight years of increases
- FI Handbook report card: B- across 10 metrics
- 25th largest of 83 Industrials stocks in the S&P 500
VRT price chart
1Y price change: +6.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| VRT | -21.9% | +20.0% | +6.2% | +73.6% | +52.0% | — | +43.6% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2018.
VRT key statistics
- Market cap
- $74.8B
- #170 in S&P 500
- P/E (TTM)
- 44.0x
- Forward P/E
- 21.1x
- EPS (TTM)
- $4.42
- Revenue (TTM)
- $11.5B
- +24%
- Free cash flow
- $2.9B
- Gross margin
- 38.0%
- Operating margin
- 20.4%
- Return on equity
- 43.9%
- Dividend yield
- 0.13%
- 52-week range
- $147.82 – $379.94
- Beta
- 2.05
- Price / sales
- 6.5x
- EV / EBITDA
- 28.0x
- Debt / equity
- 0.70x
- Employees
- 34,000
VRT report card
B-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth24.1%A
- Gross margin38.0%C
- Operating margin20.4%B
- FCF margin25.5%A
- Return on equity43.9%A
- Net debt / EBITDA0.1xB
- Forward P/E21.1xC
- PEG ratio0.6xA
- Shareholder yield0.1%F
- Share count change / yr4.9%F
Vertiv Holdings, LLC financials
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $4.3B | $4.4B | $4.4B | $5.0B | $5.7B | $6.9B | $8.0B | $10.2B |
| Gross profit | — | $1.4B | $1.5B | $1.5B | $1.5B | $1.6B | $2.4B | $2.9B | $3.7B |
| Operating income | — | — | $206.1M | $213.5M | $259.9M | $223.4M | $872.2M | $1.4B | $1.8B |
| Net income | -$1.3K | -$314.0M | -$140.8M | -$327.3M | $119.6M | $76.6M | $460.2M | $495.8M | $1.3B |
| EPS (diluted) | — | $-2.65 | $-1.19 | $-1.07 | $0.33 | $-0.04 | $1.19 | $1.28 | $3.41 |
| Free cash flow | — | -$286.5M | $9.9M | $164.5M | $137.5M | -$252.8M | $772.6M | $1.2B | $1.9B |
| Buybacks | — | — | — | — | — | $0 | $0 | $599.9M | $0 |
| Dividends paid | — | $0 | $0 | $3.3M | $3.8M | $3.8M | $9.5M | $42.2M | $66.6M |
| Diluted shares | — | 118.3M | 118.3M | 307.1M | 360.1M | 378.2M | 386.2M | 386.3M | 390.7M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into VRT?
A reverse DCF asks what growth the current price requires. With an enterprise value of $75.0B and $2.9B of trailing free cash flow, Vertiv Holdings, LLC needs to grow free cash flow about 16.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 63.0% a year over the last five years.
P/E ratio history
Current 57.0x vs. median 73.5x (10th–90th percentile 36.2x–123.1x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
VRT dividend
- Dividend yield
- 0.13%
- Annual dividend
- $0.25
- Years of increases
- 3
- 5-yr dividend growth
- 62.7%
- per year
- Payout ratio
- 5%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
VRT analyst price targets
28 analysts' average 12-month target is $333.00 (+71% vs. $194.32). Targets range from $236.00 to $427.00. 87% rate it a buy.
VRT earnings
Next report: October 28, 2026. Vertiv Holdings, LLC has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $3.3B (+24% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 29, 2026 | $1.43 | $1.52 | +6.4% |
| Apr 22, 2026 | $1.01 | $1.17 | +15.7% |
| Feb 11, 2026 | $1.30 | $1.36 | +4.9% |
| Oct 22, 2025 | $0.99 | $1.24 | +25.0% |
| Jul 30, 2025 | $0.83 | $0.95 | +13.9% |
| Apr 23, 2025 | $0.62 | $0.64 | +3.9% |
| Feb 12, 2025 | $0.82 | $0.99 | +20.6% |
| Oct 23, 2024 | $0.69 | $0.76 | +10.2% |
Stocks like VRT
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|---|---|---|---|---|---|
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VRT news
- Vertiv (VRT) Stock Looks Below Fair Value After A Huge Run · Oct 24, 2026
- Make or Break for VRT on Oct. 28: Proving the ‘AI Factory’ Thesis Amid a Brutal Valuation Reset. · Oct 24, 2026
- Investors Heavily Search Vertiv Holdings Co. (VRT): Here is What You Need to Know · Oct 23, 2026
- Vertiv to Participate in Upcoming Investor Conference · Oct 23, 2026
- Vertiv, Nvidia target 10-week cut in AI power, cooling setup · Oct 22, 2026
VRT stock FAQ
What is VRT's market cap?
Vertiv's market capitalization is $74.81 billion as of October 23, 2026, ranking 170th in the S&P 500.
What is VRT's P/E ratio?
VRT trades at a trailing price-to-earnings ratio of 44.0x and a forward P/E of 21.1x. Its median P/E over the period we track is 73.5x.
Does VRT pay a dividend?
Yes. Vertiv pays $0.25 per share a year, a 0.13% yield. It has raised its dividend 3 years in a row. Dividends grew 62.7% a year over the last five years.
How much has VRT stock returned?
Including reinvested dividends, VRT returned +6.2% over one year, +52.0% a year over five years through October 23, 2026.
Is VRT stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Vertiv must grow free cash flow about 17% a year for the next decade. Its free cash flow grew 63% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the VRT price target?
28 analysts cover VRT with an average 12-month price target of $333.00, +71% from the current price. 87% of them rate it a buy.
When does VRT report earnings?
Vertiv is expected to report earnings on October 28, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Vertiv have?
Vertiv has about 34,000 full-time employees, or $337,635 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology