Vertiv Holdings annual operating margin
2019
2020
2021
2022
2023
2024
2025
Vertiv Holdings Operating Margin Growth & History (VRT)
Vertiv Holdings's operating margin was 17.89% for fiscal 2025.
View full Vertiv Holdings company overviewVertiv Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.89% | +0.82 pp |
| 2024 | 2024-12-31 | 17.07% | +4.36 pp |
| 2023 | 2023-12-31 | 12.71% | +8.78 pp |
| 2022 | 2022-12-31 | 3.93% | −1.27 pp |
| 2021 | 2021-12-31 | 5.20% | +0.32 pp |
| 2020 | 2020-12-31 | 4.88% | +0.23 pp |
| 2019 | 2019-12-31 | 4.65% | — |
Vertiv Holdings quarterly operating margin
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 | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 19.48% | +2.71 pp |
| Q1 2026 | 2026-03-31 | 16.61% | +2.33 pp |
| Q4 2025 | 2025-12-31 | 20.14% | +0.65 pp |
| Q3 2025 | 2025-09-30 | 19.31% | +1.39 pp |
| Q2 2025 | 2025-06-30 | 16.77% | −0.44 pp |
| Q1 2025 | 2025-03-31 | 14.28% | +1.92 pp |
| Q4 2024 | 2024-12-31 | 19.49% | +4.20 pp |
| Q3 2024 | 2024-09-30 | 17.92% | +3.52 pp |
| Q2 2024 | 2024-06-30 | 17.21% | +5.34 pp |
| Q1 2024 | 2024-03-31 | 12.36% | +3.79 pp |
| Q4 2023 | 2023-12-31 | 15.29% | +5.47 pp |
| Q3 2023 | 2023-09-30 | 14.40% | +9.00 pp |
| Q2 2023 | 2023-06-30 | 11.87% | +10.00 pp |
| Q1 2023 | 2023-03-31 | 8.57% | +12.47 pp |
| Q4 2022 | 2022-12-31 | 9.82% | +10.09 pp |
| Q3 2022 | 2022-09-30 | 5.40% | −1.25 pp |
| Q2 2022 | 2022-06-30 | 1.87% | −6.24 pp |
| Q1 2022 | 2022-03-31 | −3.91% | −11.17 pp |
| Q4 2021 | 2021-12-31 | −0.28% | −9.47 pp |
| Q3 2021 | 2021-09-30 | 6.66% | +3.64 pp |
| Q2 2021 | 2021-06-30 | 8.11% | +1.09 pp |
| Q1 2021 | 2021-03-31 | 7.27% | +8.62 pp |
| Q4 2020 | 2020-12-31 | 9.19% | — |
| Q3 2020 | 2020-09-30 | 3.02% | — |
| Q2 2020 | 2020-06-30 | 7.02% | — |
| Q1 2020 | 2020-03-31 | −1.36% | — |
Vertiv Holdings operating margin trends
Over the last five fiscal years, Vertiv Holdings's operating margin increased from 4.88% to 17.89%, a change of +13.00 percentage points. The latest reported quarter, Q2 2026, shows 19.48%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vertiv Holdings source filings ↗Community posts
Vertiv agrees to acquire KES to broaden liquid-cooling services
Vertiv ($VRT) agreed to acquire King Environmental Services, expanding its fluid-management capabilities for data centers across Europe, the Middle East and Africa. KES provides services including commissioning and load testing that support ...
