Vertiv Earnings Reports

Vertiv Holdings Co reported strong Q4 2024 results, with net sales increasing 26% year-over-year to $2.35 billion. Adjusted EPS rose 77% to $0.99. Operating profit grew 60% to $457 million, while adjusted operating profit increased 53% to $504 million. The company also reported strong order growth, particularly in the Americas, and improved operating margins.

Vertiv reported a strong third quarter with net sales of $2,074 million, a 19% increase compared to Q3 2023. The company's adjusted operating margin reached 20.1%, and they raised full-year 2024 guidance across all financial metrics.

Vertiv reported a strong second quarter in 2024, marked by a 57% increase in organic orders and a 13% increase in net sales compared to the previous year. The company's operating profit also saw a substantial rise of 63%. Vertiv has raised its full-year 2024 outlook, reflecting confidence in continued growth and operational execution.

Vertiv reported strong first-quarter results, with a 60% increase in organic orders and an 8% increase in net sales compared to the first quarter of 2023. The company's performance was driven by strong demand, particularly related to AI deployments, and improved execution. Vertiv is raising its full-year 2024 guidance, expecting net sales growth of 12% at the midpoint and adjusted operating profit of $1,325 to $1,375 million, a 28% increase at the midpoint compared to full year 2023.

Vertiv reported a strong fourth quarter with net sales of $1,865 million, a 13% increase compared to Q4 2022. Organic orders were up 23%, and operating profit increased by 57%. The company's adjusted free cash flow also saw a significant rise.

Vertiv reported strong third-quarter results, exceeding expectations with net sales of $1,743 million, an 18% increase compared to the previous year. The company raised its full-year 2023 guidance for operating profit and adjusted free cash flow, driven by strong market demand and operational execution.

Vertiv reported a strong second quarter with net sales of $1,734 million, a 24% increase compared to the second quarter of 2022. The company raised its full year 2023 guidance for net sales, operating profit, and adjusted free cash flow.

Vertiv reported a strong first quarter in 2023 with net sales growth of 32% and organic net sales growth of 35%. Operating profit increased significantly, driven by pricing and volume benefits. The company raised its full-year 2023 operating profit and adjusted operating profit guidance, reflecting confidence in continued growth and operational execution.

Vertiv reported a strong Q4 2022 with net sales of $1,655 million, a 17.3% increase compared to the previous year. Operating profit was $162 million, and adjusted operating profit reached $211 million. The company's backlog reached a record high of $4.8 billion.

Vertiv reported a strong third quarter with a 20.5% increase in net sales and a 20.1% organic net sales increase. The company reaffirmed its fourth quarter and full year operating profit and adjusted operating profit guidance. Market demand remains strong, demonstrated by the increase in backlog.

Vertiv reported strong demand with a 17% increase in orders and a record high backlog of $4.4 billion. Net sales grew by 11.0%, with organic net sales up by 7.9%. However, operating profit decreased to $26 million, and adjusted operating profit decreased to $82 million due to inflation and other cost headwinds. The company lowered its full-year adjusted operating profit guidance.

Vertiv reported strong first quarter 2022 results, exceeding guidance with a 5.3% increase in net sales and a 34% growth in orders. The company's backlog reached a record-high of $4.1 billion. However, operating profit was negatively impacted by inflation and supply chain constraints.

Vertiv's Q4 2021 results were affected by inflation and supply chain issues, leading to an operating loss of $4 million, despite strong end-market demand and a 51% increase in orders. The company implemented significant pricing actions to improve profitability in the second half of 2022.

Vertiv reported a 5.8% increase in net sales and a 17.2% increase in orders, reaching a record backlog of $2.4 billion. The company's operating profit was $82 million, and adjusted operating profit was $131 million. Diluted earnings per share were $0.15, and adjusted diluted earnings per share were $0.20.

Vertiv reported a strong second quarter with a 25% increase in net sales and a record backlog of $2.3 billion. The company raised its full year guidance for sales, adjusted operating profit, and adjusted diluted earnings per share.

Vertiv reported a strong first quarter with a 22.4% increase in net sales and a 21% rise in orders, leading to a record backlog. The company's adjusted operating profit margin significantly expanded, and earnings per share exceeded expectations. Vertiv raised its full-year 2021 guidance for net sales, adjusted operating profit, and adjusted EPS.

Vertiv reported an 11.4% increase in fourth-quarter net sales compared to the prior year, driven by strength in cloud, colocation, and telecommunication end markets. Net income for the quarter was $75 million, and adjusted EBITDA reached $187 million, with a 160 basis point increase in adjusted EBITDA margin. The company's quarter-end liquidity stood at $964 million, benefiting from a public warrant redemption.

Vertiv reported strong third-quarter results with net sales of $1,162 million, an 8.5% increase from last year. The company's orders were up 15.5%, leading to a record backlog of $1.85 billion. Adjusted EBITDA increased by 31% to $179 million, and free cash flow was $129 million, contributing to a quarter-end liquidity of $653 million.