Vertiv Holdings (VRT) Tax Rate (2018 - 2026)
Vertiv Holdings (VRT) reported Tax Rate of 23.15% for Q3 2026, up 4.11 percentage points from 19.04% a year earlier and up 3.44 percentage points from the prior quarter.
Vertiv Holdings (VRT) Tax Rate (2018 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Vertiv Holdings' Tax Rate came in at 19.81%, down 7.56 percentage points year-over-year; for FY2025, it came in at 23.49%, down 11.74 percentage points from FY2024.
- Tax Rate has a four-year change of -4.55 percentage points (FY2021 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.
- The Q3 2026 figure ranks as the highest quarterly Tax Rate since Q1 2025.
- Year over year, Tax Rate gained in 1 of the last six quarters, with an average year-over-year change of -11.71 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2022 (a gain of 34.35 percentage points); the low point was Q1 2026 (a drop of 27.02 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 19.71% (Q2 2026), 11.00% (Q1 2026) and 20.88% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Tenaris | 64.57 Bn | 36.09 Bn | 1.07 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.15% |
| 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% |
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();