87/100B182.810
USD
6.14
(3.48%)
Post Trading·183.710USD+0.900(+0.49%)
Last updated: · Delayed 15 min
Fair value236.44Plus-23%177Price 182.81296
Q4 FY2026 · Earnings report
EPS estimate 2.27Revenue estimate 4.48B
Q4 FY2026 · Earnings report
EPS estimate 2.27Revenue estimate 4.48B
Vertiv Holdings cash flow statement 2016–2026
Vertiv Holdings's free cash flow over the last twelve months was 3.12B USD: operating cash flow of 3.64B USD less 522.60M USD of capital spending. That is 23.8% of its revenue and 7.95 a share.
Operating cash flow Free cash flow
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| Fiscal year | TTM 30 Sept 2026 | FY2025 31 Dec 2025 | FY2024 31 Dec 2024 | FY2023 31 Dec 2023 | FY2022 31 Dec 2022 | FY2021 31 Dec 2021 | FY2020 31 Dec 2020 | FY2019 31 Dec 2019 | FY2018 31 Dec 2018 | FY2017 31 Dec 2017 | FY2016 31 Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | 2.10B | 1.33B | 495.80M | 460.20M | 76.60M | 119.60M | -327.30M | 4.39M | 5.03M | -1.28K | -303.42K |
Depreciation and amortization | 419.70M | 308.60M | 277.00M | 271.00M | 302.40M | 227.00M | 203.10M | 202.90M | 242.50M | 396.30M | 160.60M |
Stock-based compensation | 57.70M | 45.90M | 34.60M | 25.00M | 24.70M | 23.20M | 13.00M | 0.00 | 0.00 | 0.00 | 0.00 |
Change in working capital | 1.02B | 339.30M | 114.10M | 66.70M | -449.20M | -132.80M | -60.80M | 5.33M | -858.00K | 1.28K | 278.42K |
Change in receivables | -1.48B | -547.50M | -280.30M | -277.20M | -368.00M | -117.40M | -114.80M | 360.23K | -1.25M | 0.00 | -25.00K |
Change in inventory | -1.84B | -164.70M | -369.30M | -54.00M | -211.40M | -125.70M | -38.50M | 85.50M | 0.00 | 0.00 | 0.00 |
Change in payables | 1.43B | 381.20M | 343.10M | -17.70M | 132.80M | 105.10M | 78.20M | 5.42M | 642.93K | 1.28K | 0.00 |
Change in other working capital | 2.91B | 670.30M | 420.60M | 415.60M | -2.60M | 5.20M | 14.30M | -20.90M | -246.99K | 0.00 | 303.42K |
Other non-cash items | 123.20M | 64.60M | 452.30M | 209.20M | -98.70M | 95.20M | 361.00M | -189.10M | -247.38M | -445.90M | -160.60M |
Operating cash flow | 3.64B | 2.11B | 1.32B | 900.50M | -152.80M | 210.90M | 208.90M | 9.72M | -710.39K | -49.60M | -25.00K |
Operating cash flow growth | +133.29% | +60.22% | +46.51% | — | -172.45% | +0.96% | +2,048.46% | — | — | — | — |
Capital expenditure | -522.60M | -226.40M | -184.10M | -134.60M | -111.00M | -84.60M | -52.70M | -47.60M | 0.00 | -36.70M | -34.00M |
Acquisitions | — | -1.18B | -17.60M | -16.90M | -5.00M | -1.14B | 7.00M | 5.00M | 0.00 | 0.00 | 0.00 |
Purchases of investments | — | -539.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -690.00M | 0.00 | 0.00 |
Sales and maturities of investments | — | 450.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other investing | — | 0.00 | 0.00 | 12.40M | 3.90M | 9.80M | 0.00 | 0.00 | 64.60M | 1.09B | 3.80M |
Investing cash flow | -1.44B | -1.50B | -201.70M | -139.10M | -112.10M | -1.22B | -45.70M | -65.30M | -690.00M | 1.06B | -30.20M |
Debt issued (repaid) | — | -20.90M | -21.10M | -262.10M | 218.60M | 828.20M | -1.49B | 14.80M | 245.10M | 232.50M | 0.00 |
Shares issued | 49.30M | 26.40M | 33.00M | 27.40M | 3.10M | 111.60M | 0.00 | 0.00 | 690.00M | 0.00 | 25.00K |
Share buybacks | — | 0.00 | -599.90M | 0.00 | 0.00 | 0.00 | -341.60M | 0.00 | 0.00 | 0.00 | 0.00 |
Dividends paid | -95.80M | -66.60M | -42.20M | -9.50M | -3.80M | -3.80M | -3.30M | -360.23B | -4.88M | -1.02B | 0.00 |
Other financing | -30.70M | -11.20M | -21.90M | -3.30M | -117.70M | -21.10M | 1.98B | 360.21B | -254.47M | -82.60M | 0.00 |
Financing cash flow | -70.40M | -72.30M | -652.10M | -247.50M | 100.20M | 914.90M | 140.70M | 2.00M | 691.55M | -874.10M | 25.00K |
Net change in cash | 2.14B | 557.60M | 443.60M | 515.40M | -173.90M | -95.50M | 308.90M | 11.72M | 835.54K | 123.90M | 274.30M |
| 3.12B | 1.89B | 1.14B | 765.90M | -263.80M | 126.30M | 156.20M | -37.88M | -710.39K | -86.30M | -34.03M | |
Free cash flow growth | +128.29% | +66.26% | +48.22% | — | -308.87% | -19.14% | — | — | — | — | — |
Free cash flow margin | 23.76% | 18.45% | 14.17% | 11.16% | -4.64% | 2.53% | 3.57% | -0.85% | -0.02% | -2.22% | -0.86% |
Free cash flow per share | 7.95 | 4.83 | 2.94 | 1.98 | -0.70 | 0.36 | 0.51 | -0.32 | -0.01 | -1.00 | -0.49 |
Free cash flow per share growth | +126.47% | +64.42% | +48.18% | — | -296.34% | -30.16% | — | — | — | — | — |
Interest paid | — | 126.70M | 155.50M | 176.70M | 132.80M | 75.10M | 167.00M | — | — | — | — |
Income taxes paid | — | 428.20M | 272.50M | 153.00M | 104.60M | 97.30M | 64.70M | 0.00 | 0.00 | 0.00 | 0.00 |
| Quarter | Q3 FY2026 30 Sept 2026 | Q2 FY2026 30 Jun 2026 | Q1 FY2026 31 Mar 2026 | Q4 FY2025 31 Dec 2025 | Q3 FY2025 30 Sept 2025 | Q2 FY2025 30 Jun 2025 | Q1 FY2025 31 Mar 2025 | Q4 FY2024 31 Dec 2024 | Q3 FY2024 30 Sept 2024 | Q2 FY2024 30 Jun 2024 | Q1 FY2024 31 Mar 2024 | Q4 FY2023 31 Dec 2023 | Q3 FY2023 30 Sept 2023 | Q2 FY2023 30 Jun 2023 | Q1 FY2023 31 Mar 2023 | Q4 FY2022 31 Dec 2022 | Q3 FY2022 30 Sept 2022 | Q2 FY2022 30 Jun 2022 | Q1 FY2022 31 Mar 2022 | Q4 FY2021 31 Dec 2021 | Q3 FY2021 30 Sept 2021 | Q2 FY2021 30 Jun 2021 | Q1 FY2021 31 Mar 2021 | Q4 FY2020 31 Dec 2020 | Q3 FY2020 30 Sept 2020 | Q2 FY2020 30 Jun 2020 | Q1 FY2020 31 Mar 2020 | Q4 FY2019 31 Dec 2019 | Q3 FY2019 30 Sept 2019 | Q2 FY2019 30 Jun 2019 | Q1 FY2019 31 Mar 2019 | Q4 FY2018 31 Dec 2018 | Q3 FY2018 30 Sept 2018 | Q2 FY2018 30 Jun 2018 | Q1 FY2018 31 Mar 2018 | Q4 FY2017 31 Dec 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | 764.50M | 497.80M | 390.10M | 445.60M | 398.50M | 324.20M | 164.50M | 147.00M | 176.60M | 178.10M | -5.90M | 232.60M | 94.10M | 83.20M | 50.30M | 26.60M | 21.20M | 20.30M | 8.50M | 22.00M | 56.20M | 9.70M | 31.70M | 74.90M | -103.50M | -56.00M | -208.30M | -3.18M | 2.12M | 2.75M | 2.69M | 2.35M | 2.30M | 386.38K | -596.00 | -1.28K |
Depreciation and amortization | 107.90M | 115.80M | 107.70M | 88.30M | 75.40M | 73.30M | 71.60M | 71.00M | 68.90M | 68.40M | 68.70M | 68.90M | 68.20M | 67.30M | 66.60M | 70.50M | 75.70M | 77.00M | 79.20M | 69.90M | 51.40M | 53.50M | 52.20M | 52.40M | 50.20M | 50.00M | 50.50M | 51.00M | 51.30M | 51.00M | 49.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Stock-based compensation | 19.70M | 13.80M | 17.00M | 7.20M | 14.20M | 13.30M | 11.20M | 8.80M | 8.10M | 8.50M | 9.20M | 6.20M | 6.50M | 6.80M | 5.50M | 4.60M | 6.30M | 7.20M | 6.60M | 5.70M | 5.70M | 6.20M | 5.60M | 0.00 | 3.80M | 2.50M | 700.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Change in working capital | -138.30M | 451.00M | 227.80M | 480.00M | -45.50M | -90.40M | -4.80M | 44.90M | 72.80M | 96.10M | -99.70M | 84.50M | 17.70M | 51.40M | -86.90M | -1.20M | -70.20M | -261.70M | -116.10M | 27.20M | -33.90M | -81.50M | -44.60M | 41.30M | 66.50M | -29.40M | -139.20M | 5.20M | 833.58K | -1.49M | 784.18K | -312.27K | -186.01K | -360.52K | 788.00 | 1.28K |
Change in receivables | -631.90M | -586.50M | -57.70M | -207.70M | 41.00M | -462.40M | 81.60M | -89.90M | -75.30M | -125.00M | ||||||||||||||||||||||||||
Change in inventory | -766.90M | -663.80M | -384.20M | -21.60M | -5.60M | -8.90M | -128.60M | -4.50M | -140.70M | -117.60M | ||||||||||||||||||||||||||
Change in payables | 723.70M | 482.50M | 202.80M | 19.10M | 92.60M | 183.00M | 86.50M | 84.20M | 128.60M | 120.50M | ||||||||||||||||||||||||||
Change in other working capital | 536.80M | 1.22B | 466.90M | 690.20M | -173.50M | 197.90M | -44.30M | 55.10M | 160.20M | 218.20M | ||||||||||||||||||||||||||
Other non-cash items | 24.10M | 19.30M | 52.40M | 27.40M | -3.00M | 12.70M | 27.50M | 154.90M | 99.00M | 25.60M | 172.80M | 94.90M | 64.50M | 46.70M | 3.10M | 66.80M | -15.80M | -43.90M | -105.80M | 14.00M | -26.70M | 86.40M | 21.50M | -1.70M | 118.30M | 101.00M | 96.20M | -45.50M | -51.30M | -93.26M | -46.10M | -2.19M | 0.00 | 192.00 | 0.00 | 0.00 |
Operating cash flow | 794.00M | 1.10B | 766.80M | 978.90M | 508.70M | 322.90M | 303.30M | 425.20M | 375.10M | 381.50M | 137.50M | 356.20M | 248.70M | 253.60M | 42.00M | 180.70M | 4.40M | -205.70M | -132.20M | 36.50M | 54.40M | 59.30M | 60.70M | 194.50M | 136.10M | 73.00M | -194.70M | 2.03M | 2.96M | -47.90M | 3.48M | -149.38K | 2.11M | 26.06K | 0.00 | 0.00 |
Operating cash flow growth | +56.08% | +240.60% | +152.82% | +130.22% | +35.62% | -15.36% | +120.58% | +19.37% | +50.82% | +50.43% | ||||||||||||||||||||||||||
Capital expenditure | -139.10M | -174.50M | -114.00M | -95.00M | -46.70M | -45.90M | -38.80M | -63.40M | -39.20M | -45.00M | -36.50M | -51.10M | -27.40M | -26.30M | -29.80M | -41.30M | -24.80M | -26.70M | -18.20M | -31.80M | -17.00M | -17.90M | -17.90M | -26.50M | -6.80M | -10.90M | -8.50M | -19.70M | -4.90M | -12.30M | -10.70M | -19.60M | — | 0.00 | 0.00 | 0.00 |
Acquisitions | 0.00 | -277.70M | -400.00K | -963.10M | -221.70M | 0.00 | 0.00 | -17.60M | 0.00 | 0.00 | 0.00 | -16.90M | 0.00 | 0.00 | 12.40M | 3.90M | 0.00 | -5.00M | 0.00 | -1.14B | 6.10M | 0.00 | 0.00 | 7.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.20M | 3.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Purchases of investments | -98.70M | -203.30M | -362.30M | 0.00 | -441.50M | -98.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -690.00M | 0.00 | 0.00 |
Sales and maturities of investments | 202.90M | 251.50M | 100.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Other investing | -12.70M | 0.00 | 0.00 | 450.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.50M | 0.00 | 0.00 | 0.00 | 0.00 |
Investing cash flow | -47.60M | -404.00M | -376.70M | -608.10M | -709.90M | -144.00M | -38.80M | -81.00M | -39.20M | -45.00M | -36.50M | -68.00M | -27.40M | -26.30M | -17.40M | -37.40M | -24.80M | -31.70M | -18.20M | -1.17B | -10.90M | -17.90M | -17.90M | -19.50M | -6.80M | -10.90M | -8.50M | -26.90M | -9.80M | -17.80M | -10.80M | -15.10M | 0.00 | -690.00M | 0.00 | 0.00 |
Debt issued (repaid) | -11.90M | 0.00 | 23.90M | -5.20M | -5.20M | -5.20M | -5.30M | -5.20M | -5.30M | -5.30M | -5.30M | -5.30M | -5.40M | -230.50M | -20.90M | -67.40M | 104.00M | 171.70M | 10.30M | 844.60M | -5.50M | -5.40M | -5.50M | -124.90M | -178.90M | 8.70M | -1.19B | -19.00M | 28.90M | 64.30M | -59.40M | 99.30M | 0.00 | 0.00 | 0.00 | 0.00 |
Shares issued | 800.00K | 20.60M | 23.50M | 4.40M | 9.00M | 11.70M | 1.30M | 8.00M | 1.40M | 9.20M | 14.40M | 4.50M | 12.90M | 7.80M | 2.20M | 1.80M | 200.00K | 100.00K | 1.00M | 1.50M | 2.60M | 0.00 | 107.50M | 156.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -239.16K | 690.00M | 0.00 | 0.00 |
Share buybacks | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 591.90M | 0.00 | 0.00 | -599.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -7.00M | 0.00 | 0.00 | 0.00 | 0.00 | -341.60M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividends paid | -24.00M | -23.90M | -23.90M | -24.00M | -14.20M | -14.20M | -14.20M | -14.10M | -9.40M | -9.40M | -9.30M | -9.50M | 0.00 | 0.00 | 0.00 | -3.80M | 0.00 | 0.00 | 0.00 | -3.80M | 0.00 | 0.00 | 0.00 | -3.30M | 0.00 | 0.00 | 0.00 | -360.23B | 0.00 | 0.00 | -64.25K | -4.88M | 0.00 | 0.00 | 0.00 | 0.00 |
Other financing | -4.30M | -11.60M | -11.60M | -3.20M | -1.00M | -300.00K | -6.70M | -592.30M | -400.00K | -18.10M | -3.00M | -500.00K | -300.00K | -2.40M | -100.00K | -75.10M | -13.00M | -16.80M | -12.80M | -13.90M | -2.30M | 1.20M | 900.00K | 100.00K | -2.30M | 5.50M | 1.82B | 360.25B | 0.00 | 0.00 | 59.46M | 4.88M | 0.00 | 1.79M | 0.00 | 0.00 |
Financing cash flow | -39.40M | -14.90M | 11.90M | -28.00M | -11.40M | -8.00M | -24.90M | -11.70M | -13.70M | -23.60M | -603.10M | -10.80M | 7.20M | -225.10M | -18.80M | -144.50M | 91.20M | 155.00M | -1.50M | 828.40M | -5.20M | -11.20M | 102.90M | 28.40M | -181.20M | 14.20M | 279.30M | 1.30M | 28.90M | 64.30M | 0.00 | 99.30M | -239.16K | 691.79M | 0.00 | 0.00 |
Net change in cash | 707.60M | 684.40M | 401.40M | 345.60M | -211.80M | 179.90M | 243.90M | 314.80M | 329.70M | 307.20M | -508.10M | 283.60M | 224.80M | -600.00K | 7.60M | 4.50M | 63.40M | -91.20M | -150.60M | -304.50M | 34.80M | 31.60M | 142.60M | 210.30M | -47.60M | 76.50M | 69.70M | 3.33M | 2.96M | -407.52K | 3.48M | -149.38K | 1.87M | 691.81M | 0.00 | 0.00 |
| 654.90M | 925.30M | 652.80M | 883.90M | 462.00M | 277.00M | 264.50M | 361.80M | 335.90M | 336.50M | 101.00M | 305.10M | 221.30M | 227.30M | 12.20M | 139.40M | -20.40M | -232.40M | -150.40M | 4.70M | 37.40M | 41.40M | 42.80M | 168.00M | 129.30M | 62.10M | -203.20M | -17.67M | -1.94M | -60.20M | -7.22M | -19.75M | — | 26.06K | 0.00 | 0.00 | |
Free cash flow growth | +41.75% | +234.04% | +146.81% | +144.31% | +37.54% | -17.68% | +161.88% | +18.58% | +51.78% | +48.04% | ||||||||||||||||||||||||||
Free cash flow margin | 15.19% | 28.26% | 24.64% | 30.69% | 17.27% | 10.50% | 12.99% | 15.42% | 16.20% | 17.23% | ||||||||||||||||||||||||||
Free cash flow per share | 1.67 | 2.36 | 1.66 | 2.26 | 1.18 | 0.71 | 0.68 | 0.94 | 0.87 | 0.88 | 0.27 | 0.78 | 0.57 | 0.59 | 0.03 | 0.37 | -0.05 | -0.62 | -0.40 | 0.01 | 0.10 | 0.12 | 0.12 | 0.50 | 0.39 | 0.19 | -0.84 | -0.15 | -0.02 | -0.51 | -0.06 | -0.23 | — | 0.00 | 0.00 | 0.00 |
Free cash flow per share growth | +40.88% | +231.58% | +145.53% | +141.06% | +35.45% | -18.81% | +154.51% | +19.82% | +53.33% | +47.22% | ||||||||||||||||||||||||||
Interest paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Income taxes paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Figures in USD. Free cash flow is operating cash flow less capital expenditure. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.
Common questions about Vertiv Holdings's cash flow
Source: Financial Modeling Prep