Vertiv Holdings annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Vertiv Holdings Debt-to-Equity Ratio Growth & History (VRT)
Vertiv Holdings's debt-to-equity ratio was 0.82 for fiscal 2025.
View full Vertiv Holdings company overviewVertiv Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.82 | −0.47 | −36.53% |
| 2024 | 2024-12-31 | 1.29 | −0.26 | −16.81% |
| 2023 | 2023-12-31 | 1.55 | −0.78 | −33.58% |
| 2022 | 2022-12-31 | 2.33 | 0.13 | +5.82% |
| 2021 | 2021-12-31 | 2.21 | −2.29 | −50.92% |
| 2020 | 2020-12-31 | 4.50 | — | — |
Vertiv Holdings quarterly debt-to-equity ratio
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.64 | −0.32 | −33.33% |
| Q1 2026 | 2026-03-31 | 0.71 | −0.41 | −36.71% |
| Q4 2025 | 2025-12-31 | 0.82 | −0.47 | −36.53% |
| Q3 2025 | 2025-09-30 | 0.85 | −0.79 | −48.13% |
| Q2 2025 | 2025-06-30 | 0.95 | −0.98 | −50.82% |
| Q1 2025 | 2025-03-31 | 1.11 | −1.03 | −47.92% |
| Q4 2024 | 2024-12-31 | 1.29 | −0.26 | −16.81% |
| Q3 2024 | 2024-09-30 | 1.64 | −0.10 | −5.98% |
| Q2 2024 | 2024-06-30 | 1.94 | 0.13 | +7.33% |
| Q1 2024 | 2024-03-31 | 2.14 | 0.06 | +2.99% |
| Q4 2023 | 2023-12-31 | 1.55 | −0.78 | −33.58% |
| Q3 2023 | 2023-09-30 | 1.74 | −0.95 | −35.25% |
| Q2 2023 | 2023-06-30 | 1.80 | −0.65 | −26.33% |
| Q1 2023 | 2023-03-31 | 2.08 | −0.07 | −3.31% |
| Q4 2022 | 2022-12-31 | 2.33 | 0.13 | +5.82% |
| Q3 2022 | 2022-09-30 | 2.69 | −0.24 | −8.12% |
| Q2 2022 | 2022-06-30 | 2.45 | −0.66 | −21.22% |
| Q1 2022 | 2022-03-31 | 2.15 | −1.00 | −31.66% |
| Q4 2021 | 2021-12-31 | 2.21 | −2.29 | −50.92% |
| Q3 2021 | 2021-09-30 | 2.93 | −13.77 | −82.45% |
| Q2 2021 | 2021-06-30 | 3.11 | −9.13 | −74.59% |
| Q1 2021 | 2021-03-31 | 3.14 | −6.11 | −66.02% |
| Q4 2020 | 2020-12-31 | 4.50 | — | — |
| Q3 2020 | 2020-09-30 | 16.70 | — | — |
| Q2 2020 | 2020-06-30 | 12.24 | — | — |
| Q1 2020 | 2020-03-31 | 9.25 | — | — |
Vertiv Holdings debt-to-equity ratio trends
Over the last five fiscal years, Vertiv Holdings's debt-to-equity ratio decreased from 4.50 to 0.82, a change of −3.68. The latest reported quarter, Q2 2026, shows 0.64.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vertiv Holdings source filings ↗