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Vertiv Holdings Raises Annual Dividend by 67 Percent
Vertiv Holdings Co has announced an increase in its regular annual cash dividend from $0.15 to $0.25 per share, reflecting a 67% rise. This change will take effect with the fourth-quarter dividend of $0.0625 per share, which was declared on November 13, 2025, and is set to be paid on December 18, 2025, to shareholders of record by November 25, 2025.
The decision to raise the dividend was made by the Board of Directors and is indicative of the company's strong financial performance and cash flow. Vertiv operates in the critical digital infrastructure sector, providing a range of solutions for data centers, communication networks, and industrial facilities across more than 130 countries.
linkNov 14, 2025 06:32:50
Vertiv to Acquire Purge Rite for $1 Billion Cash
Vertiv Holdings Co has entered into a securities purchase agreement to acquire Purge Rite Intermediate, LLC for approximately $1.0 billion in cash, with an additional potential consideration of up to $250 million based on post-closing performance metrics. The acquisition is aimed at enhancing Vertiv’s capabilities in thermal management services, particularly for high-density computing and AI applications, and is expected to close in the fourth quarter of 2025, pending customary regulatory approvals.
The purchase price represents about 10.0 times the expected 2026 EBITDA of PurgeRite, which is anticipated to improve Vertiv's Services business margins. PurgeRite is recognized for its expertise in mechanical flushing, purging, and filtration services critical for data centers. The acquisition is expected to strengthen Vertiv's position in the market and improve operational efficiencies in liquid cooling systems, which are increasingly important for modern data center operations.
linkNov 03, 2025 06:46:48
Vertiv Reports Significant Growth in Third Quarter 2025 Results
Vertiv Holdings Co announced its financial results for the third quarter of 2025, reporting net sales of $2,676 million, a 29% increase compared to the same period last year, driven by strong growth in the Americas and APAC regions. The company experienced a 60% year-over-year increase in organic orders and a 39% rise in operating profit, reaching $517 million. Adjusted diluted earnings per share (EPS) rose to $1.24, reflecting a 63% increase from the previous year. The company also reported a backlog of $9.5 billion and a book-to-bill ratio of approximately 1.4x, indicating sustained market demand and operational efficiency improvements.
Due to the positive momentum, Vertiv has raised its full-year 2025 guidance, increasing projections for adjusted diluted EPS from $3.80 to $4.10 and for adjusted operating profit from $1,990 million to $2,060 million. The company generated $509 million in net cash from operating activities, resulting in an adjusted free cash flow of $462 million, up 36% from the previous year. Vertiv's liquidity remains strong at $2.7 billion, and its credit rating has been upgraded by Moody's, reflecting its solid market position and operational achievements.
linkOct 22, 2025 06:01:43
Vertiv Appoints Craig Chamberlin as Chief Financial Officer
Vertiv Holdings Co has announced the appointment of Craig Chamberlin as Chief Financial Officer, effective November 10, 2025. Chamberlin succeeds David Fallon, who will retire on November 9, 2025, but will continue as a consultant until the end of 2026. Chamberlin brings over 20 years of finance experience, having most recently served as CFO at Wabtec Corporation. He has a solid background in operational finance and business transformation, which aligns with Vertiv's strategic goals.
In his new role, Chamberlin will receive an annual base salary of $750,000 and a target annual bonus of 100% of his salary. He is also eligible for an annual equity grant valued at $2 million starting in March 2026, along with a one-time cash award of $300,000 and restricted stock units worth approximately $1.05 million. The transition reflects Vertiv's focus on leadership continuity and operational excellence, which are critical as the company aims to enhance its market position in critical digital infrastructure.
linkOct 14, 2025 06:03:57
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.
linkSep 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.
linkAug 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.
linkAug 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.
linkJul 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.
linkJul 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.
linkJun 04, 2025 06:34:28