Vertiv Holdings (VRT) Operating Income (2019 - 2026)
Vertiv Holdings (VRT) reported Operating Income of $983.8 million for Q3 2026, up 90.4% from $516.7 million a year earlier and up 54.2% from the prior quarter.
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Analysis
Vertiv Holdings (VRT) Operating Income (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Vertiv Holdings' Operating Income came in at $2.64 billion, up 54.8% year-over-year; for FY2025, it came in at $1.83 billion, up 33.8% from FY2024.
- Operating Income has increased for three consecutive years, with a five-year compound annual growth rate of 53.7% (FY2020 to FY2025).
- By year, Operating Income came in at $1.37 billion in FY2024 (+56.8%), $872.2 million in FY2023 (+290.4%), $223.4 million in FY2022 (-14.0%) and $259.9 million in FY2021 (+21.7%).
- The Q3 2026 figure ranks as the highest quarterly Operating Income in data going back to Q1 2019.
- Year over year, Operating Income has now increased in each of the last 14 quarters, with growth averaging 48.4% over the last eight quarters.
- The high point for year-over-year Operating Income in five years was Q2 2023 (growth of 685.5%); the low point was Q2 2022 (a decline of 74.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $637.9 million (Q2 2026), $440.1 million (Q1 2026) and $579.9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 272.10 Bn | 243.41 Bn | 7.35 Bn | 4.21 Bn |
| 2 | Amphenol | 188.84 Bn | 183.54 Bn | 4.02 Bn | 3.02 Bn |
| 3 | Deere | 182.29 Bn | 150.38 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 135.80 Bn | 132.74 Bn | 3.11 Bn | 1.59 Bn |
| 5 | Parker-Hannifin | 120.14 Bn | 118.02 Bn | 2.26 Bn | 1.20 Bn |
| 6 | 3M | 96.07 Bn | 77.51 Bn | 2.78 Bn | 1.56 Bn |
| 7 | Emerson Electric | 92.37 Bn | 84.85 Bn | 2.74 Bn | 1.35 Bn |
| 8 | Illinois Tool Works | 82.09 Bn | 78.76 Bn | 1.91 Bn | 1.18 Bn |
| 9 | Vertiv Holdings | 76.56 Bn | 65.41 Bn | 1.64 Bn | 983.80 Mn |
| 10 | Tenaris | 64.51 Bn | 35.76 Bn | 1.07 Bn | 597.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 983.80 Mn |
| Jun 30, 2026 | 637.90 Mn |
| Mar 31, 2026 | 440.10 Mn |
| Dec 31, 2025 | 579.90 Mn |
| Sep 30, 2025 | 516.70 Mn |
| Jun 30, 2025 | 442.40 Mn |
| Mar 31, 2025 | 290.70 Mn |
| Dec 31, 2024 | 457.20 Mn |
| Sep 30, 2024 | 371.60 Mn |
| Jun 30, 2024 | 336.00 Mn |
| Mar 31, 2024 | 202.60 Mn |
| Dec 31, 2023 | 285.20 Mn |
| Sep 30, 2023 | 250.90 Mn |
| Jun 30, 2023 | 205.80 Mn |
| Mar 31, 2023 | 130.30 Mn |
| Dec 31, 2022 | 162.40 Mn |
| Sep 30, 2022 | 80.00 Mn |
| Jun 30, 2022 | 26.20 Mn |
| Mar 31, 2022 | -45.20 Mn |
| Dec 31, 2021 | -3.90 Mn |
API Access
Vertiv Holdings Operating Income 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=operating-income&ticker=VRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=VRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();