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VRT Q2 2024 Earnings — Vertiv Holdings Co Revenue & Financial Results | Market Cap Arena
VRT
Vertiv Holdings Co
$103B
Q2 2024 Earnings
Industrials
Electrical Equipment & Parts
Income Statement
Revenue
$2.0B
+12.6% YoY
Gross Profit
$695M
35.6% margin
Operating Income
$332M
17.0% margin
Net Income
$178M
9.1% margin
EPS (Diluted)
$0.46
QoQ Revenue Growth
+19.1%
Cash Flow
Operating Cash Flow
$382M
Free Cash Flow
$337M
Stock-Based Comp.
$9M
Balance Sheet
Total Assets
$8.1B
Total Liabilities
$6.6B
Stockholders' Equity
$1.5B
Cash & Equivalents
$588M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$2.0B
$1.7B
+12.6%
Gross Profit
$695M
$549M
+26.8%
Operating Income
$332M
$221M
+50.0%
Net Income
$178M
$83M
+114.1%
Revenue Segments
Product
$1.6B
80%
Service
$398M
20%
Geographic Segments
Americas Segment
$1.1B
53%
EMEA Segment
$561M
26%
Asia Pacific Segment
$448M
21%
← FY 2024
All Quarters
Q3 2024 →