VRT Q4 2023 Earnings — Vertiv Holdings Co Revenue & Financial Results | Market Cap Arena

VRTVertiv Holdings Co

$103B

Q4 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$1.9B+12.7% YoY

Gross Profit

$638M34.2% margin

Operating Income

$289M15.5% margin

Net Income

$233M12.5% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+7.0%

Cash Flow

Operating Cash Flow

$356M

Free Cash Flow

$305M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$6.0B

Stockholders' Equity

$2.0B

Cash & Equivalents

$789M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+12.7%
Gross Profit	$638M	$464M	+37.7%
Operating Income	$289M	$160M	+80.5%
Net Income	$233M	$27M	+774.4%

Revenue Segments

Product

$1.5B79%

Service

$388M21%

Geographic Segments

Americas Segment

$2.5B54%

EMEA Segment

$1.1B25%

Asia Pacific Segment

$990M21%