Vertiv Holdings (VRT) Gross Margin (2019 - 2026)
Vertiv Holdings (VRT) posted Gross Margin of 38.11% for Q3 2026, up 0.33 percentage points from 37.77% a year earlier and up 0.39 percentage points from the prior quarter.
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Analysis
Vertiv Holdings (VRT) Gross Margin (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Vertiv Holdings was 38.12%, up 2.39 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 five quarters, with an average year-over-year change of +0.86 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 37.71% (Q2 2026), 37.73% (Q1 2026) and 38.94% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 35.54% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 39.26% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 54.48% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 38.11% |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn | 35.56% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 38.11% |
| 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% |
API Access
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_KEYimport 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();