Operating Income for Vertiv Holdings (VRT)
According to Vertiv Holdings's latest reported financial statements, the company's current operating income (TTM) is $2.01B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$2.01B
YoY change
+37.6%
5Y CAGR
+41.3%
Peak year (2025)
$1.90B
Cumulative operating income
$5.29B
Operating Income history chart for Vertiv Holdings (VRT) from 2016 to 2025
Operating Income history table for Vertiv Holdings (VRT) from 2016 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.90B | +37.6% | +$518.20M | ||
| 2024 | $1.38B | +52.0% | +$471.90M | ||
| 2023 | $906.90M | +308.5% | +$684.90M | ||
| 2022 | $222.00M | -17.6% | -$47.40M | ||
| 2021 | $269.40M | -20.0% | -$67.20M | ||
| 2020 | $336.60M | +50.9% | +$113.60M | ||
| 2019 | $223.00M | -21606.5% | +$224.04M | ||
| 2018 | -$1.04M | -101.7% | -$61.14M | ||
| 2017 | $60.10M | -19907.7% | +$60.40M | ||
| 2016 | -$303,418 | — | — |
Operating Income values are taken from Vertiv Holdings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Vertiv Holdings (VRT) most recent annual operating income stands at $1.90B (2025) – surged 37.6% year-over-year.
Vertiv Holdings operating income compound annual growth for the 2020–2025 (5 years) window is +41.3%, sustaining 3 straight years of year-over-year growth.
Across the available history, operating income reached its high of $1.90B in 2025 and its low of -$1.04M in 2018.
Within Industrials, Vertiv Holdings (VRT) ranks 8th among 8 peers we track. The peer median for operating income is $8.59B.
Vertiv Holdings Operating Income by Year
Vertiv Holdings Operating Income 2025: $1.90B
Vertiv Holdings operating income in 2025 was $1.90B, surged 37.6% from 2024. This figure represents the highest annual value in the available history.
Vertiv Holdings Operating Income 2024: $1.38B
Vertiv Holdings operating income in 2024 was $1.38B, surged 52.0% from 2023.
Vertiv Holdings Operating Income 2023: $906.90M
Vertiv Holdings operating income in 2023 was $906.90M, surged 308.5% from 2022.
Vertiv Holdings Operating Income 2022: $222.00M
Vertiv Holdings operating income in 2022 was $222.00M, declined 17.6% below 2021.
Vertiv Holdings Operating Income 2021: $269.40M
Vertiv Holdings operating income in 2021 was $269.40M.
See more financial history for Vertiv Holdings (VRT).
Sector peers — Operating Income
Companies in the same sector as Vertiv Holdings, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar (CAT) | $11.21B | Industrials |
| Union Pacific (UNP) | $9.84B | Industrials |
| RTX (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International (HON) | $6.57B | Industrials |
| Eaton Corporation (ETN) | $5.23B | Industrials |
| Boeing (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Vertiv Holdings's operating income?
Latest reported operating income for Vertiv Holdings (VRT) is $2.01B (period ending March 31, 2026).
How has Vertiv Holdings operating income changed year-over-year?
Vertiv Holdings (VRT) operating income changed +37.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Vertiv Holdings operating income?
Vertiv Holdings (VRT) operating income compound annual growth rate is +41.3% over the most recent 5 years available.
When did Vertiv Holdings operating income hit its highest annual value?
Vertiv Holdings operating income reached its highest annual value of $1.90B in 2025.
What was Vertiv Holdings operating income in 2024?
Vertiv Holdings (VRT) operating income in 2024 was $1.38B.
What was Vertiv Holdings operating income in 2025?
Vertiv Holdings (VRT) operating income in 2025 was $1.90B.
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