Vertiv Holdings (VRT) Gross Margin (2019 - 2026)
Vertiv Holdings (VRT) posted Gross Margin of 37.71% for Q2 2026, up 3.73 percentage points from 33.99% a year earlier but down 0.02 percentage points from the prior quarter.
Vertiv Holdings (VRT) Gross Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Vertiv Holdings was 38.04%, up 2.74 percentage points year-over-year; for FY2025, it came in at 36.32%, down 0.31 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +2.60 percentage points (FY2020 to FY2025).
- In prior years, Vertiv Holdings' Gross Margin was 36.62% in FY2024 (+1.65 pp), 34.98% in FY2023 (+6.58 pp), 28.39% in FY2022 (-2.07 pp) and 30.47% in FY2021 (-3.25 pp).
- Quarterly Gross Margin has run from a low of 26.25% in Q1 2022 to a high of 38.94% in Q4 2025 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of +0.87 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q2 2023, with a gain of 7.71 percentage points; the weakest was Q1 2022, with a drop of 6.34 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 37.73% (Q1 2026), 38.94% (Q4 2025) and 37.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn | 26.07% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.71% |
| Mar 31, 2026 | 37.73% |
| Dec 31, 2025 | 38.94% |
| Sep 30, 2025 | 37.77% |
| Jun 30, 2025 | 33.99% |
| Mar 31, 2025 | 33.72% |
| Dec 31, 2024 | 37.09% |
| Sep 30, 2024 | 36.48% |
| Jun 30, 2024 | 37.96% |
| Mar 31, 2024 | 34.56% |
| Dec 31, 2023 | 36.64% |
| Sep 30, 2023 | 36.02% |
| Jun 30, 2023 | 34.25% |
| Mar 31, 2023 | 32.58% |
| Dec 31, 2022 | 30.93% |
| Sep 30, 2022 | 28.99% |
| Jun 30, 2022 | 26.55% |
| Mar 31, 2022 | 26.25% |
| Dec 31, 2021 | 26.49% |
| Sep 30, 2021 | 31.06% |
Vertiv Holdings Gross Margin 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=gross-margin&ticker=VRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=VRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();