Vertiv Holdings Co (VRT) FY2024 YTD Q3 P&L / Income Statement
2024-01-01 to 2024-09-30
Revenue by Business Segment by Product and Service
2024-01-01 to 2024-09-30
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Vertiv Holdings Co (VRT) FY2024 YTD Q3 P&L / Income Statement
Income statement for 2024-01-01 through 2024-09-30. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Net sales
- 5,665,400,000 US dollars
- Cost of sales
- 3,601,400,000 US dollars
- Gross profit (calculated)
- 2,064,000,000 US dollars
- Operating costs, net of other operating items (calculated)
- 1,153,800,000 US dollars
- Operating profit (loss)
- 910,200,000 US dollars
- Other income (expense), net (calculated)
- negative 390,000,000 US dollars
- Income (loss) before income taxes
- 520,200,000 US dollars
- Income tax expense (benefit)
- 171,400,000 US dollars
- Net income (loss)
- 348,800,000 US dollars
- Americas - Products
- 2,565,200,000 US dollars
- Americas - Services & spares
- 679,500,000 US dollars
- Asia Pacific - Products
- 831,000,000 US dollars
- Asia Pacific - Services & spares
- 342,800,000 US dollars
- Europe, Middle East, & Africa - Products
- 974,100,000 US dollars
- Europe, Middle East, & Africa - Services & spares
- 272,800,000 US dollars
- Restructuring costs
- 4,100,000 US dollars
- Amortization of intangibles
- 137,100,000 US dollars
- Selling, general and administrative expenses
- 1,012,400,000 US dollars
- Foreign currency (gain) loss, net
- 8,700,000 US dollars
- Other operating expense (income)
- negative 8,500,000 US dollars
Chart connections
- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

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Gross margin
36.4%
Gross profit / revenue
Operating margin
16.1%
Operating profit / revenue
Cash conversion
256.3%
Operating cash / net income, same period
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