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| Date | Value |
|---|---|
| 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% |