Vertiv Holdings Co's Stock Analysis

Vertiv Holdings Declares Quarterly Dividend of $0.0375 Per Share

Vertiv Holdings Co has announced a quarterly cash dividend of $0.0375 per share of its Class A common stock. This dividend will be payable on September 25, 2025, to shareholders who are on record as of the close of business on September 15, 2025.

The company operates in over 130 countries, providing critical digital infrastructure solutions for data centers, communication networks, and commercial facilities. Vertiv integrates hardware, software, analytics, and services to support its customers' operational needs.

Sep 03, 2025 06:38:59

Vertiv Completes Acquisition of Great Lakes Data Rack Company

Vertiv Holdings Co has completed its acquisition of the Great Lakes Data Racks and Cabinets family of companies for approximately $200 million. This acquisition is expected to enhance Vertiv's offerings in high-density integrated infrastructure solutions for data centers and critical digital environments, thereby strengthening its leadership position in this sector.

The integration of Great Lakes is anticipated to improve Vertiv's capabilities in providing customized infrastructure solutions, particularly for AI and edge computing applications. Great Lakes, established in 1985 and headquartered in Edinboro, PA, adds a portfolio of innovative rack enclosures and enhanced cable management options, which will streamline infrastructure sourcing and deployment for Vertiv's customers.

Aug 20, 2025 16:25:42

Vertiv Holdings Extends Term Loan Maturity to 2032

Vertiv Group Corporation, a subsidiary of Vertiv Holdings Co, has entered into Amendment No. 6 to its Term Loan Credit Agreement with Citibank, N.A. The amendment extends the maturity of the term loan, creating a new 7-year tranche that will mature on August 12, 2032, and also increases the debt capacity for the ABL Credit Agreement. As of the amendment date, the outstanding principal amount under the Credit Agreement was approximately $2.09 billion.

The amendment maintains all other significant terms of the Credit Agreement, including pricing. Investors are advised that the representations and warranties made in the amendment are intended solely for the benefit of certain parties and may not reflect the current state of the company. Changes in circumstances after the amendment date may not be fully disclosed in future public filings.

Aug 12, 2025 16:20:27

Vertiv Reports Q2 2025 Results and Raises Annual Guidance

Vertiv Holdings Co announced its financial results for the second quarter of 2025, reporting a 35% increase in net sales to $2.638 billion compared to the same period last year. The company's diluted earnings per share (EPS) rose 42% to $0.83, while adjusted diluted EPS grew to $0.95. The operating profit increased 32% year-over-year to $442 million, and the backlog strengthened to $8.5 billion, indicating robust demand in the data center sector. The company also highlighted a book-to-bill ratio of approximately 1.2x, reflecting sustained order growth.

In light of its performance, Vertiv raised its full-year guidance for 2025, now expecting adjusted diluted EPS of $3.80, up from $3.55, and organic sales growth of 24%, an increase from the previous estimate of 18%. The company anticipates adjusted operating profit to reach $1.99 billion, up from $1.935 billion. Despite some operational challenges affecting margins, Vertiv expects to address these issues by year-end and continues to invest in capacity expansion and innovation to meet increasing market demands.

Jul 30, 2025 06:03:27

Vertiv Announces $200 Million Acquisition of Great Lakes Companies

Vertiv Holdings Co. has entered into a definitive agreement to acquire the Great Lakes Data Racks and Cabinets family of companies for $200 million. This acquisition is anticipated to close in the third quarter of 2025, pending customary closing conditions. The purchase price reflects an approximate multiple of 11.5 times the expected 2026 EBITDA, including potential cost synergies and cross-selling opportunities.

The acquisition aims to enhance Vertiv's capabilities in providing advanced, AI-ready rack solutions for various computing markets. Great Lakes, established in 1985 and based in Edinboro, PA, specializes in customized data rack enclosures and integrated infrastructure solutions. The integration of Great Lakes’ offerings is expected to improve operational efficiency, scalability, and customer service within Vertiv's existing portfolio, further solidifying its position in the critical digital infrastructure sector.

Jul 17, 2025 06:34:43

Vertiv Announces Quarterly Cash Dividend for Shareholders

Vertiv's Board of Directors has declared a quarterly cash dividend of $0.0375 per share of the company’s Class A common stock. This dividend will be payable on June 26, 2025, to shareholders who are on record as of June 16, 2025.

Vertiv is a global provider of critical digital infrastructure and continuity solutions, serving customers in over 130 countries. The company offers a range of power, cooling, and IT infrastructure solutions designed to support data centers, communication networks, and commercial facilities.

Jun 04, 2025 06:34:28

Vertiv Announces CFO Retirement and Reaffirms Financial Guidance

Vertiv has announced the retirement of its Chief Financial Officer, David Fallon, who will step down once a successor is appointed, expected in the second half of 2025. Fallon will assist in the transition as a consultant until December 31, 2026. The company is initiating a search for a new CFO and aims to ensure a smooth transition during this period.

Additionally, Vertiv has reaffirmed its financial guidance for the second quarter and full year of 2025, maintaining the assumptions previously disclosed. The company continues to experience growth in the data center market and is investing in research and development as well as capacity expansion to meet increasing demand, particularly in AI infrastructure. Vertiv is also actively managing potential impacts from tariffs and is working on strategies to mitigate these effects.

May 28, 2025 06:49:17

Vertiv Reports 24% Increase in Q1 2025 Net Sales

Vertiv Holdings Co announced its financial results for the first quarter of 2025, reporting net sales of $2,036 million, which is a 24% increase compared to the same period in 2024. The company experienced strong orders growth with a trailing twelve-month increase of approximately 20%, and a book-to-bill ratio of about 1.4x. Additionally, the backlog rose to $7.9 billion, up 10% from the previous quarter and 25% year-over-year. The diluted earnings per share (EPS) for the quarter was $0.42, with an adjusted diluted EPS of $0.64, reflecting a 49% increase from the first quarter of 2024. Operating profit also saw significant growth, reaching $291 million, a 43% increase from the prior year, while adjusted operating profit was $337 million, up 35% year-over-year.

The company has raised its full-year 2025 net sales guidance by $250 million at the midpoint, while maintaining its adjusted diluted EPS, adjusted operating profit, and adjusted free cash flow guidance. Vertiv generated $303 million in net cash from operating activities and reported adjusted free cash flow of $265 million, both showing substantial increases from the previous year. The company also maintained strong liquidity with $2.3 billion available and a net leverage ratio of approximately 0.8x. Furthermore, Fitch Ratings assigned Vertiv a first-time rating of BBB- with a stable outlook, indicating a solid business profile and financial health.

Apr 23, 2025 06:01:31

Vertiv Declares Quarterly Dividend of $0.0375 per Share

Vertiv has announced a quarterly cash dividend of $0.0375 per share for its Class A common stock. This dividend will be payable on March 27, 2025, to shareholders who are on record as of March 18, 2025. The company continues to operate in over 130 countries, providing critical digital infrastructure solutions.

Vertiv offers a range of services and products aimed at enhancing the performance of data centers, communication networks, and industrial facilities. Despite the announcement of the dividend, the press release does not provide any specific details regarding the company’s financial performance or any challenges it may be facing.

Mar 07, 2025 11:18:02

Vertiv Reports $2.35 Billion in Fourth Quarter Sales

Vertiv Holdings Co reported notable financial results for the fourth quarter of 2024, showcasing a diluted EPS of $0.38 and an adjusted diluted EPS of $0.99, reflecting a 77% increase from the previous year. The company's net sales reached $2,346 million, marking a 26% rise compared to the fourth quarter of 2023. Operating profit also saw significant growth, increasing by 60% to $457 million, while adjusted operating profit rose 53% to $504 million. The company experienced a 30% increase in organic orders for the trailing twelve months, particularly driven by strong demand in the data center market across various verticals. Additionally, operating cash flow was robust at $425 million, with adjusted free cash flow at $362 million, contributing to a net leverage of approximately 1.0x by the end of the quarter.

Conversely, while Vertiv's performance was largely positive, there were some challenges noted. The company faced an increase in working capital requirements to support growth, which partially offset its cash flow gains. Additionally, there was a $43 million rise in cash taxes due to increased profitability. The guidance for 2025 indicated potential impacts from foreign exchange headwinds of around $125 million and emphasized the need for ongoing investments in research and development to maintain growth momentum. Despite these challenges, Vertiv's liquidity remained strong, with $2.0 billion available, reflecting a solid financial position.

Feb 12, 2025 06:06:37