TTM
18.5%
YoY change
+1.33pp
Trough year (2018)
-0.0%
Peak year (2025)
18.5%
Latest annual
18.5%
Operating Margin history chart for Vertiv Holdings (VRT) from 2016 to 2025
Latest: 18.5%
Operating Margin change chart for Vertiv Holdings (VRT) from 2016 to 2025
Latest: +1.33pp
Operating Margin history table for Vertiv Holdings (VRT) from 2016 to 2025
| 2025 | 18.5% | +1.33pp | ||
| 2024 | 17.2% | +4.00pp | ||
| 2023 | 13.2% | +9.31pp | ||
| 2022 | 3.9% | -1.49pp | ||
| 2021 | 5.4% | -2.31pp | ||
| 2020 | 7.7% | +2.67pp | ||
| 2019 | 5.0% | +5.06pp | ||
| 2018 | -0.0% | -1.57pp | ||
| 2017 | 1.5% | +1.56pp | ||
| 2016 | -0.0% | — |
- 202518.5%+1.33pp
- 202417.2%+4.00pp
- 202313.2%+9.31pp
- 20223.9%-1.49pp
- 20215.4%-2.31pp
- 20207.7%+2.67pp
- 20195.0%+5.06pp
- 2018-0.0%-1.57pp
- 20171.5%+1.56pp
- 2016-0.0%—
Operating Margin values are taken from Vertiv Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Vertiv Holdings (VRT)
According to Vertiv Holdings's latest reported financial statements, the company's latest reported operating margin is 18.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Vertiv Holdings (VRT) most recent annual operating margin stands at 18.54% (2025) – expanded 1.3 percentage points year-over-year.
The record annual operating margin stands at 18.54%, reached in 2025; the historical low of -0.02% was recorded in 2018.
Vertiv Holdings Operating Margin by Year
Vertiv Holdings Operating Margin 2025: 18.5%
In 2025, Vertiv Holdings reported operating margin of 18.54%, expanded 1.3 percentage points from 2024. This figure represents the highest annual value in the available history.
Vertiv Holdings Operating Margin 2024: 17.2%
Vertiv Holdings operating margin in 2024 was 17.21%, expanded 4.0 percentage points from 2023.
Vertiv Holdings Operating Margin 2023: 13.2%
2023's operating margin for Vertiv Holdings came in at 13.21%, expanded 9.3 percentage points from 2022.
Vertiv Holdings Operating Margin 2022: 3.9%
Vertiv Holdings posted operating margin of 3.90% in 2022, contracted 1.5 percentage points from 2021.
Vertiv Holdings Operating Margin 2021: 5.4%
Vertiv Holdings operating margin in 2021 was 5.39%.
See more financial history for Vertiv Holdings (VRT).
Sector peers by Operating Margin
Industrials peers of Vertiv Holdings (VRT), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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Vertiv Holdings (VRT) Key Financials
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