VRT Q3 2024 Earnings — Vertiv Holdings Co Revenue & Financial Results | Market Cap Arena

VRTVertiv Holdings Co

$103B

Q3 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$2.1B+19.0% YoY

Gross Profit

$713M34.4% margin

Operating Income

$378M18.2% margin

Net Income

$177M8.5% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$375M

Free Cash Flow

$336M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$8.9B

Total Liabilities

$7.1B

Stockholders' Equity

$1.8B

Cash & Equivalents

$917M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$1.7B	+19.0%
Gross Profit	$713M	$582M	+22.4%
Operating Income	$378M	$255M	+48.3%
Net Income	$177M	$94M	+87.7%

Revenue Segments

Product

$1.7B80%

Service

$420M20%

Geographic Segments

Americas Segment

$1.2B53%

EMEA Segment

$597M26%

Asia Pacific Segment

$480M21%