Vertiv Holdings Co (VRT) closed fiscal year 2025 with a gross margin of 36.3 % and a net margin of 13.0 %.
Vertiv Holdings Co (VRT) closed fiscal year 2025 with a gross margin of 36.3 % and a net margin of 13.0 %. The same year shows an EBITDA margin of 20.9 % and an EBIT margin of 17.9 %. The free cash flow margin was 18.5 %. Against the previous year the gross margin moved −0.3 pp and the net margin +6.8 pp. Across the period the gross margin ranges between 28.4 % in 2022 and 36.6 % in 2024. The series covers 10 fiscal years, from 2016 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | 33.14 % | 32.79 % | 33.72 % | 30.47 % | 28.39 % | 34.98 % | 36.62 % | 36.32 % |
| EBITDA margin (%) | — | — | — | 9.23 % | 9.53 % | 9.74 % | 9.24 % | 16.66 % | 20.52 % | 20.90 % |
| EBIT margin (%) | — | — | — | 4.65 % | 4.88 % | 5.20 % | 3.93 % | 12.71 % | 17.07 % | 17.89 % |
| Net margin (%) | — | — | -7.33 % | -3.18 % | -7.49 % | 2.39 % | 1.35 % | 6.71 % | 6.19 % | 13.03 % |
| FCF margin (%) | — | — | -6.69 % | 0.22 % | 3.76 % | 2.75 % | -4.44 % | 11.26 % | 14.38 % | 18.51 % |
