Vertiv Holdings Co. (VRT) intrinsic value & 10-year financials
Vertiv Holdings Co. (VRT) has a Graham intrinsic value of $113.27 per share. At $206.42 on Oct 17, 2026, the stock trades 82% above that value. Over the last 10 fiscal years revenue grew 13.2% a year to $10.2B, with an average return on invested capital of -93.2%.
- Graham intrinsic value
- $113.27
- Share price (Oct 17, 2026)
- $206.42
- Price vs Graham value
- 82% above
- Market cap
- $80.6B
- Revenue (FY2025)
- $10.2B
- Revenue growth (10-yr CAGR)
- 13.2%
- ROIC (10-yr avg)
- -93.2%
- Free cash flow (FY2025)
- $1.9B
VRT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $10.2B | $1.3B | $3.41 | $1.9B | 17.9% | 28.9% |
| FY2024 | $8.0B | $495.8M | $1.28 | $1.2B | 17.1% | 20.6% |
| FY2023 | $6.9B | $460.2M | $1.19 | $772.6M | 12.7% | 17.1% |
| FY2022 | $5.7B | $76.6M | -$0.04 | -$252.8M | 3.9% | 2.6% |
| FY2021 | $5.0B | $119.6M | $0.33 | $137.5M | 5.2% | 5.8% |
| FY2020 | $4.4B | -$183.6M | -$0.60 | $164.5M | 4.9% | 7.5% |
| FY2019 | $4.4B | $4.4M | -$1.19 | -$37.9M | 4.7% | 4.2% |
| FY2018 | $4.3B | $5.0M | -$2.65 | -$65.3M | — | 200.3% |
| FY2017 | $0 | -$1.3K | — | — | — | -5.2% |
| FY2016 | — | -$303.4K | — | — | — | -1213.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Vertiv revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Vertiv has historically struggled to out-earn its cost of capital, averaging just 7.1% ROIC.
Vertiv capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Vertiv is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $113.27 per share.