Vertiv Holdings (VRT) Operating Margin (2019 - 2026)

Vertiv Holdings' (VRT) quarterly Operating Margin came in at 16.61% in Q1 2026, up 233.0% year-on-year from 4.99% in Q1 2025, and down 17.51% quarter-over-quarter from 20.14% in Q4 2025.

Vertiv Holdings (VRT) Operating Margin (2019 - 2026) Analysis & Trends

Vertiv Holdings has disclosed Operating Margin across 8 years of filings, most recently posting 16.61% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 16.61%, up 233.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.25% (up 94.0% YoY), and the FY2025 annual result was 17.89%, up 82.0% from the prior year.
  • Operating Margin came in at 16.61% for Q1 2026 at Vertiv Holdings, down from 20.14% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 20.14% in Q4 2025 to a low of 3.91% in Q1 2022.
  • The 5-year median for Operating Margin is 14.4% (2023), against an average of 12.79%.
  • Peak annual rise in Operating Margin reached 2779 bps in 2022, while the deepest fall reached 1117 bps in 2022.
  • Vertiv Holdings' Operating Margin stood at 9.82% in 2022, then jumped by 56 bps to 15.29% in 2023, then rose by 27 bps to 19.49% in 2024, then rose by 3 bps to 20.14% in 2025, then slipped by 18 bps to 16.61% in 2026.
  • The last three Operating Margin figures came in at 16.61% (Q1 2026), 20.14% (Q4 2025), and 19.31% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 16.61%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 9.61%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 15.76%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 17.39%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 13.37%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 19.41%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -33.48%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 12.60%
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 12.52%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.61%
Dec 31, 2025 20.14%
Sep 30, 2025 19.31%
Jun 30, 2025 16.77%
Mar 31, 2025 14.28%
Dec 31, 2024 19.49%
Sep 30, 2024 17.92%
Jun 30, 2024 17.21%
Mar 31, 2024 12.36%
Dec 31, 2023 15.29%
Sep 30, 2023 14.40%
Jun 30, 2023 11.87%
Mar 31, 2023 8.57%
Dec 31, 2022 9.82%
Sep 30, 2022 5.40%
Jun 30, 2022 1.87%
Mar 31, 2022 -3.91%
Dec 31, 2021 -17.97%
Sep 30, 2021 6.66%
Jun 30, 2021 8.11%