← Vertiv Holdings Co
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $0 | $0 | $0 | $4.4b | $5.0b | $5.7b | $6.9b | $8.0b | $10.2b | |
| Cost of Revenue | — | $2.9b | $3.0b | $2.9b | $3.5b | $4.1b | $4.5b | $5.1b | $6.5b | |
| Cost of sales | — | $2.9b | $3.0b | $2.9b | $3.5b | $4.1b | $4.5b | $5.1b | $6.5b | |
| Reconciled Cost Of Revenue | — | — | — | — | — | $4.0b | $4.4b | $5.0b | $6.4b | |
| Gross Profit (derived) | — | ($2.9b) | ($3.0b) | $1.5b | $1.5b | $1.6b | $2.4b | $2.9b | $3.7b | |
| Gross Profit (Calculated) | — | ($2.9b) | ($3.0b) | $1.5b | $1.5b | $1.6b | $2.4b | $2.9b | $3.7b | |
| Other Operating Expenses | — | — | ($2.3m) | $1.5m | ($3.8m) | ($5.8m) | ($9.9m) | ($6.0m) | $800k | |
| Operating Income (Loss) | — | — | $206.1m | $213.5m | $259.9m | $223.4m | $872.2m | $1.4b | $1.8b | |
| Additional Financial Items | ||||||||||
| Amortization of Intangible Assets | — | — | — | $142.8m | $157.9m | $230.4m | $196.7m | $195.4m | $211.5m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | ($26.0m) | ($3.2m) | ($3.7m) | ($16.0m) | ($9.3m) | ($12.0m) | |
| Goodwill, Impairment Loss | — | — | — | — | $8.7m | $0 | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | ($373.2m) | ($72.7m) | ($83.0m) | $49.1m | $189.5m | $1.1b | |
| Amortization of intangibles | — | — | $129.2m | $128.7m | $144.3m | $215.8m | $181.3m | $184.2m | $200.4m | |
| Foreign currency (gain) loss, net | — | — | ($1.5m) | $26.0m | $3.2m | $3.7m | $16.0m | $9.3m | $12.0m | |
| Operating profit (loss) | — | — | $206.1m | $213.5m | $259.9m | $223.4m | $872.2m | $1.4b | $1.8b | |
| Loss on extinguishment of debt | — | $0 | $0 | $174.0m | $400k | $0 | $500k | $2.4m | $1.7m | |
| Change in fair value of warrant liabilities | — | — | $0 | $143.7m | $61.9m | ($90.9m) | $157.9m | $449.2m | $0 | |
| Income (loss) before income taxes | ($1k) | $6.4m | $6.5m | ($110.9m) | $166.2m | $167.0m | $533.7m | $765.4m | $1.7b | |
| Basic (in shares) | — | — | $118.3m | $307.1m | $355.5m | $376.7m | $380.1m | $376.4m | $381.7m | |
| Amortization | — | — | $129.2m | $128.7m | $144.3m | $215.8m | $181.3m | $184.2m | $200.4m | |
| Amortization Of Intangibles Income Statement | — | — | $129.2m | $128.7m | $144.3m | $215.8m | $181.3m | $184.2m | $200.4m | |
| Average Dilution Earnings | — | — | — | — | $0 | ($90.9m) | $0 | $0 | — | |
| Depreciation Amortization Depletion Income Statement | — | — | $129.2m | $128.7m | $144.3m | $215.8m | $181.3m | $184.2m | $200.4m | |
| Depreciation And Amortization In Income Statement | — | — | $129.2m | $128.7m | $144.3m | $215.8m | $181.3m | $184.2m | $200.4m | |
| Diluted EPS | — | — | — | — | — | $0.04 | $1.19 | $1.28 | $3.41 | |
| Diluted NI Availto Com Stockholders | — | — | — | — | — | ($14.3m) | $460.2m | $495.8m | $1.3b | |
| Gain On Sale Of Security | — | — | — | — | — | $87.2m | ($173.9m) | ($458.5m) | ($12.0m) | |
| Impairment Of Capital Assets | — | — | — | — | $8.7m | $0 | $0 | — | — | |
| Net Income From Continuing And Discontinued Operation | ($1k) | $5.0m | $4.4m | ($327.3m) | $119.6m | $76.6m | $460.2m | $495.8m | $1.3b | |
| Net Income From Continuing Operation Net Minority Interest | ($1k) | $5.0m | $4.4m | ($327.3m) | $119.6m | $76.6m | $460.2m | $495.8m | $1.3b | |
| Net Interest Income | — | — | — | — | — | ($147.3m) | ($180.1m) | ($150.4m) | ($86.1m) | |
| Normalized EBITDA | — | — | — | — | — | $530.2m | $1.2b | $1.7b | $2.2b | |
| Normalized Income | — | — | — | — | — | $8.3m | $635.2m | $797.9m | $1.4b | |
| Other Special Charges | — | $0 | $0 | $174.0m | $400k | $0 | $500k | $2.4m | $1.7m | |
| Reconciled Depreciation | — | — | — | — | — | $302.4m | $271.0m | $277.0m | $308.6m | |
| Restructuring And Mergern Acquisition | — | — | $20.7m | $73.9m | $1.4m | $700k | $28.6m | $5.3m | $54.5m | |
| Selling General And Administration | — | $1.2b | $1.1b | $1.0b | $1.1b | $1.2b | $1.3b | $1.4b | $1.6b | |
| Special Income Charges | — | — | — | — | — | ($700k) | ($29.1m) | ($7.7m) | ($56.2m) | |
| Tax Effect Of Unusual Items | — | — | — | — | — | $18.2m | ($28.0m) | ($164.1m) | ($16.0m) | |
| Tax Provision | $0 | ($1.3m) | ($2.1m) | $72.7m | $46.6m | $90.4m | $73.5m | $269.6m | $409.1m | |
| Tax Rate For Calcs | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($1k) | $6.4m | $6.5m | ($254.6m) | $166.2m | $167.0m | $533.7m | $765.4m | $1.7b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | ($327.3m) | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $0 | — | — | — | — | — | |
| Total Unusual Items | — | — | — | — | — | $86.5m | ($203.0m) | ($466.2m) | ($68.2m) | |
| Total Unusual Items Excluding Goodwill | — | — | — | — | — | $86.5m | ($203.0m) | ($466.2m) | ($68.2m) | |
| Pre-Tax Income | ($1k) | $6.4m | $6.5m | ($110.9m) | $166.2m | $167.0m | $533.7m | $765.4m | $1.7b | |
| Net Income Continuous Operations | ($1k) | $5.0m | $4.4m | ($327.3m) | $119.6m | $76.6m | $460.2m | $495.8m | $1.3b | |
| Net Income (Loss) Attributable to Parent | ($1k) | $5.0m | $4.4m | ($327.3m) | $119.6m | $76.6m | $460.2m | $495.8m | $1.3b | |
| Net Income Including Noncontrolling Interests | ($1k) | $5.0m | $4.4m | ($327.3m) | $119.6m | $76.6m | $460.2m | $495.8m | $1.3b | |
| Earnings Per Share, Basic | — | — | — | ($1.07) | $0.34 | $0.20 | $1.21 | $1.32 | $3.49 | |
| Earnings Per Share, Diluted | $0.00 | $0.12 | $0.10 | ($1.07) | $0.33 | ($0.04) | $1.19 | $1.28 | $3.41 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 118.3m | 307.1m | 355.5m | 376.7m | 380.1m | 376.4m | 381.7m | |
| Basic Average Shares | — | — | $118.3m | $307.1m | $355.5m | $376.7m | $380.1m | $376.4m | $381.7m | |
| Diluted Average Shares | — | — | — | 307.1m | 360.1m | $378.2m | $386.2m | $386.3m | $390.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 307.1m | 360.1m | 378.2m | 386.2m | 386.3m | 390.7m | |
| Research and Development Expense | — | — | — | $228.6m | $266.4m | $282.0m | $303.5m | $352.1m | $441.7m | |
| Selling, General and Administrative Expense | — | $1.2b | $1.1b | $1.0b | $1.1b | $1.2b | $1.3b | $1.4b | $1.6b | |
| General and Administrative Expense | $1k | $1.0m | $7.7m | — | — | — | — | — | — | |
| Selling, general and administrative expenses | — | $1.2b | $1.1b | $1.0b | $1.1b | $1.2b | $1.3b | $1.4b | $1.6b | |
| Operating Lease, Expense | — | — | — | $78.6m | $76.6m | $78.8m | — | — | — | |
| Other General Expense | — | — | — | $251.8m | — | — | — | — | — | |
| Restructuring costs | — | — | $20.7m | $73.9m | $1.4m | $700k | $28.6m | $5.3m | $54.5m | |
| Other operating expense (income) | — | — | ($2.3m) | $1.5m | ($3.8m) | ($5.8m) | ($9.9m) | ($6.0m) | $800k | |
| Interest Expense | — | $288.8m | $310.4m | $150.4m | $90.6m | $147.3m | $180.1m | $150.4m | $86.1m | |
| Interest expense, net | — | $288.8m | $310.4m | $150.4m | $90.6m | $147.3m | $180.1m | $150.4m | $86.1m | |
| Income tax expense | $0 | ($1.3m) | ($2.1m) | $72.7m | $46.6m | $90.4m | $73.5m | $269.6m | $409.1m | |
| Interest Expense Non Operating | — | $288.8m | $310.4m | $150.4m | $90.6m | $147.3m | $180.1m | $150.4m | $86.1m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | ($147.3m) | ($180.1m) | ($150.4m) | ($86.1m) | |
| Operating Expense | — | — | — | — | — | $1.4b | $1.5b | $1.6b | $1.8b | |
| Other Income Expense | — | — | — | — | — | $86.5m | ($203.0m) | ($466.2m) | ($68.2m) | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | ($700k) | — | |
| Other Operating Income (Expense), Net | — | — | — | — | $3.8m | $5.8m | $9.9m | $6.0m | ($800k) | |
| Income Tax Expense (Benefit) | — | $1.3m | $2.1m | $72.7m | $46.6m | $90.4m | $73.5m | $269.6m | $409.1m | |
| Total Expenses | — | — | — | — | — | $5.5b | $5.9b | $6.6b | $8.3b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.