Vertiv Holdings (VRT) Change in Working Capital (2019 - 2026)
Vertiv Holdings (VRT) recorded Change in Working Capital of -$451 million in Q2 2026, compared with $90.4 million a year earlier.
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Analysis
Vertiv Holdings (VRT) Change in Working Capital (2019 - 2026) Analysis & Trends
On a TTM basis, Vertiv Holdings' Change in Working Capital came in at -$1.11 billion as of Jun 30, 2026; for FY2025, it came in at -$339.3 million.
- Across earlier years, Change in Working Capital came in at -$114.1 million in FY2024, -$66.7 million in FY2023, $449.2 million in FY2022 (+238.3%) and $132.8 million in FY2021 (+118.4%).
- Quarterly Change in Working Capital has ranged from -$480 million in Q4 2025 to $261.7 million in Q2 2022 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$227.8 million (Q1 2026), -$480 million (Q4 2025) and $45.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | - |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | - |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | -451.00 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | -293.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -451.00 Mn |
| Mar 31, 2026 | -227.80 Mn |
| Dec 31, 2025 | -480.00 Mn |
| Sep 30, 2025 | 45.50 Mn |
| Jun 30, 2025 | 90.40 Mn |
| Mar 31, 2025 | 4.80 Mn |
| Dec 31, 2024 | -44.90 Mn |
| Sep 30, 2024 | -72.80 Mn |
| Jun 30, 2024 | -96.10 Mn |
| Mar 31, 2024 | 99.70 Mn |
| Dec 31, 2023 | -84.50 Mn |
| Sep 30, 2023 | -17.70 Mn |
| Jun 30, 2023 | -51.40 Mn |
| Mar 31, 2023 | 86.90 Mn |
| Dec 31, 2022 | 1.20 Mn |
| Sep 30, 2022 | 70.20 Mn |
| Jun 30, 2022 | 261.70 Mn |
| Mar 31, 2022 | 116.10 Mn |
| Dec 31, 2021 | -27.20 Mn |
| Sep 30, 2021 | 33.90 Mn |
API Access
Vertiv Holdings Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=VRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "VRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=VRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();