Vertiv Holdings (VRT) Tax Rate (2018 - 2026)
Vertiv Holdings (VRT) reported Tax Rate of 19.71% for Q2 2026, down 3.30 percentage points from 23.01% a year earlier but up 8.71 percentage points from the prior quarter.
Vertiv Holdings (VRT) Tax Rate (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vertiv Holdings' Tax Rate came in at 18.06%, down 14.26 percentage points year-over-year; for FY2025, it came in at 23.49%, down 11.74 percentage points from FY2024.
- Tax Rate has a five-year change of +52.04 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 35.22% in FY2024 (+21.45 pp), 13.77% in FY2023 (-40.36 pp), 54.13% in FY2022 (+26.09 pp) and 28.04% in FY2021 (+56.59 pp).
- Five-year quarterly Tax Rate spans a low of -24.19% in Q4 2023 and a high of 68.14% in Q4 2022.
- Year over year, Tax Rate has now declined in each of the last six quarters, with an average year-over-year change of -3.50 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 70.00 percentage points); the low point was Q4 2023 (a drop of 92.33 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.00% (Q1 2026), 20.88% (Q4 2025) and 19.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 25.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.71% |
| Mar 31, 2026 | 11.00% |
| Dec 31, 2025 | 20.88% |
| Sep 30, 2025 | 19.04% |
| Jun 30, 2025 | 23.01% |
| Mar 31, 2025 | 38.02% |
| Dec 31, 2024 | 40.05% |
| Sep 30, 2024 | 34.23% |
| Jun 30, 2024 | 32.72% |
| Sep 30, 2023 | 35.46% |
| Jun 30, 2023 | 26.31% |
| Mar 31, 2023 | 42.65% |
| Dec 31, 2022 | 68.14% |
| Sep 30, 2022 | 32.48% |
| Jun 30, 2022 | 35.96% |
| Mar 31, 2022 | 58.33% |
| Sep 30, 2021 | 38.85% |
| Jun 30, 2021 | 11.82% |
| Mar 31, 2021 | 23.98% |
| Dec 31, 2020 | 33.28% |
Vertiv Holdings Tax Rate 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=tax-rate&ticker=VRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=VRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();