Vertiv Quarterly Income Statements Chart
Quarterly
|
Annual
Vertiv Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| net sales | 1,952,800,000 | 1,639,100,000 | 1,865,400,000 | 1,742,600,000 | 1,734,100,000 | 1,521,100,000 | 1,654,600,000 | 1,481,100,000 | 1,399,400,000 | 1,156,400,000 | 1,410,500,000 | 1,228,900,000 | 1,260,300,000 | 1,098,400,000 | 1,305,700,000 | 1,162,000,000 | 1,005,700,000 | 897,300,000 |
| yoy | 12.61% | 7.76% | 12.74% | 17.66% | 23.92% | 31.54% | 17.31% | 20.52% | 11.04% | 5.28% | 8.03% | 5.76% | 25.32% | 22.41% | ||||
| qoq | 19.14% | -12.13% | 7.05% | 0.49% | 14.00% | -8.07% | 11.71% | 5.84% | 21.01% | -18.01% | 14.78% | -2.49% | 14.74% | -15.88% | 12.37% | 15.54% | 12.08% | |
| net sales - products | 1,555,200,000 | 1,270,300,000 | 1,477,900,000 | 1,381,300,000 | 1,360,400,000 | 1,186,500,000 | 1,295,500,000 | 1,135,400,000 | 1,055,000,000 | 849,400,000 | 1,108,000,000 | 926,000,000 | 976,500,000 | 844,000,000 | 1,020,300,000 | 891,100,000 | 750,200,000 | 647,200,000 |
| net sales - services | 397,600,000 | 368,800,000 | 387,500,000 | 361,300,000 | 373,700,000 | 334,600,000 | 359,100,000 | 345,700,000 | 344,400,000 | 307,000,000 | 302,500,000 | 302,900,000 | 283,800,000 | 254,400,000 | 285,400,000 | 270,900,000 | 255,500,000 | 250,100,000 |
| costs and expenses | ||||||||||||||||||
| cost of sales - products | 981,000,000 | 846,300,000 | 949,100,000 | 894,200,000 | 912,900,000 | 819,500,000 | 917,400,000 | 838,500,000 | 807,400,000 | 655,800,000 | 856,500,000 | 678,400,000 | 686,200,000 | 593,400,000 | 715,200,000 | 596,700,000 | 515,300,000 | 463,200,000 |
| cost of sales - services | 230,600,000 | 226,400,000 | 232,900,000 | 220,800,000 | 227,200,000 | 206,100,000 | 225,500,000 | 213,300,000 | 220,500,000 | 197,000,000 | 180,300,000 | 168,800,000 | 164,800,000 | 147,000,000 | 163,100,000 | 152,300,000 | 144,000,000 | 147,100,000 |
| cost of sales | 1,211,600,000 | 1,072,700,000 | 1,182,000,000 | 1,115,000,000 | 1,140,100,000 | 1,025,600,000 | 1,142,900,000 | 1,051,800,000 | 1,027,900,000 | 852,800,000 | 1,036,800,000 | 847,200,000 | 851,000,000 | 740,400,000 | 878,300,000 | 749,000,000 | 659,300,000 | 610,300,000 |
| gross profit | 741,200,000 | 566,400,000 | 683,400,000 | 627,600,000 | 594,000,000 | 495,500,000 | 511,700,000 | 429,300,000 | 371,500,000 | 303,600,000 | 373,700,000 | 381,700,000 | 409,300,000 | 358,000,000 | 427,400,000 | 413,000,000 | 346,400,000 | 287,000,000 |
| yoy | 24.78% | 14.31% | 33.55% | 46.19% | 59.89% | 63.21% | 36.93% | 12.47% | -9.24% | -15.20% | -12.56% | -7.58% | 18.16% | 24.74% | ||||
| qoq | 30.86% | -17.12% | 8.89% | 5.66% | 19.88% | -3.17% | 19.19% | 15.56% | 22.36% | -18.76% | -2.10% | -6.74% | 14.33% | -16.24% | 3.49% | 19.23% | 20.70% | |
| gross margin % | 37.96% | 34.56% | 36.64% | 36.02% | 34.25% | 32.58% | 30.93% | 28.99% | 26.55% | 26.25% | 26.49% | 31.06% | 32.48% | 32.59% | 32.73% | 35.54% | 34.44% | 31.98% |
| operating expenses | ||||||||||||||||||
| selling, general and administrative expenses | 363,800,000 | 314,000,000 | 348,800,000 | 327,200,000 | 327,600,000 | 308,700,000 | 303,300,000 | 295,200,000 | 287,600,000 | 292,200,000 | 329,400,000 | 257,800,000 | 271,700,000 | 250,100,000 | 265,500,000 | 251,700,000 | 226,300,000 | 264,800,000 |
| amortization of intangibles | 45,800,000 | 46,000,000 | 45,200,000 | 45,500,000 | 45,400,000 | 45,200,000 | 48,100,000 | 54,200,000 | 55,800,000 | 57,700,000 | 49,000,000 | 31,600,000 | 31,900,000 | 31,800,000 | ||||
| restructuring costs | -2,500,000 | 300,000 | 5,100,000 | 1,300,000 | 9,100,000 | 13,100,000 | 600,000 | -1,500,000 | 800,000 | 800,000 | 2,100,000 | -3,800,000 | 1,100,000 | 2,000,000 | ||||
| foreign currency (gain) loss | 200,000 | 3,200,000 | 2,700,000 | 2,700,000 | 7,500,000 | 3,100,000 | 1,900,000 | 200,000 | 2,900,000 | -1,300,000 | 1,100,000 | 4,900,000 | 4,100,000 | -6,900,000 | ||||
| other operating income | -2,100,000 | 300,000 | -3,600,000 | -1,400,000 | -4,900,000 | -4,600,000 | 1,200,000 | -1,800,000 | -600,000 | -4,000,000 | 700,000 | -1,700,000 | 1,200,000 | |||||
| operating profit | 336,000,000 | 202,600,000 | 285,200,000 | 250,900,000 | 205,800,000 | 130,300,000 | 162,400,000 | 80,000,000 | 26,200,000 | -45,200,000 | -3,900,000 | 81,800,000 | 102,200,000 | 79,800,000 | ||||
| yoy | 63.27% | 55.49% | 75.62% | 213.63% | 685.50% | -388.27% | -4264.10% | -2.20% | -74.36% | -156.64% | ||||||||
| qoq | 65.84% | -28.96% | 13.67% | 21.91% | 57.94% | -19.77% | 103.00% | 205.34% | -157.96% | 1058.97% | -104.77% | -19.96% | 28.07% | |||||
| operating margin % | 17.21% | 12.36% | 15.29% | 14.40% | 11.87% | 8.57% | 9.82% | 5.40% | 1.87% | -3.91% | -0.28% | 6.66% | 8.11% | 7.27% | 0% | 0% | 0% | 0% |
| interest expense | 44,800,000 | 39,000,000 | 42,900,000 | 43,500,000 | 46,900,000 | 46,800,000 | 45,800,000 | 38,800,000 | 33,400,000 | 29,300,000 | 24,100,000 | 22,400,000 | 20,000,000 | 24,100,000 | 25,000,000 | 26,400,000 | 30,100,000 | 68,900,000 |
| loss on extinguishment of debt | 1,100,000 | 400,000 | 174,000,000 | |||||||||||||||
| change in fair value of warrant liabilities | 25,400,000 | 176,600,000 | 54,500,000 | 61,600,000 | 46,000,000 | -4,200,000 | 33,100,000 | 9,800,000 | -38,900,000 | -94,900,000 | 9,600,000 | -32,500,000 | 71,200,000 | 13,600,000 | ||||
| income before income taxes | 264,700,000 | -13,000,000 | 187,300,000 | 145,800,000 | 112,900,000 | 87,700,000 | 83,500,000 | 31,400,000 | 31,700,000 | 20,400,000 | 21,600,000 | 91,900,000 | 11,000,000 | 41,700,000 | -51,500,000 | 8,700,000 | 40,500,000 | -255,100,000 |
| income tax benefit | 86,600,000 | -7,100,000 | 13,125,000 | 24,500,000 | ||||||||||||||
| net income | 178,100,000 | -5,900,000 | 232,600,000 | 94,100,000 | 83,200,000 | 50,300,000 | 26,600,000 | 21,200,000 | 20,300,000 | 8,500,000 | 22,000,000 | 56,200,000 | 9,700,000 | 31,700,000 | 74,900,000 | -15,800,000 | 26,200,000 | -268,900,000 |
| yoy | 114.06% | -111.73% | 774.44% | 343.87% | 309.85% | 491.76% | 20.91% | -62.28% | 109.28% | -73.19% | -70.63% | -455.70% | -62.98% | -111.79% | ||||
| qoq | -3118.64% | -102.54% | 147.18% | 13.10% | 65.41% | 89.10% | 25.47% | 4.43% | 138.82% | -61.36% | -60.85% | 479.38% | -69.40% | -57.68% | -574.05% | -160.31% | -109.74% | |
| net income margin % | 9.12% | -0.36% | 12.47% | 5.40% | 4.80% | 3.31% | 1.61% | 1.43% | 1.45% | 0.74% | 1.56% | 4.57% | 0.77% | 2.89% | 5.74% | -1.36% | 2.61% | -29.97% |
| earnings per share: | ||||||||||||||||||
| basic | 0.48 | -0.02 | 0.61 | 0.25 | 0.22 | 0.13 | 0.07 | 0.06 | 0.05 | 0.02 | 0.06 | 0.16 | 0.03 | 0.09 | 0.08 | |||
| diluted | 0.46 | -0.02 | 0.6 | 0.24 | 0.22 | 0.12 | 0.16 | 0.06 | 0.05 | -0.23 | 0.06 | 0.15 | 0.03 | 0.09 | 0.08 | |||
| weighted-average shares outstanding: | ||||||||||||||||||
| basic | 374,734,093 | 379,135,184 | 380,144,059 | 380,899,419 | 379,938,365 | 378,129,786 | 376,730,519 | 377,016,981 | 376,594,660 | 375,972,294 | 355,544,632 | 352,482,900 | 352,199,184 | 349,603,701 | 328,411,705 | |||
| diluted | 384,488,069 | 379,135,184 | 386,226,267 | 388,240,664 | 382,351,210 | 381,683,511 | 378,224,051 | 377,444,002 | 377,257,854 | 379,692,729 | 360,140,323 | 363,198,701 | 356,652,811 | 353,448,585 | 331,136,080 | |||
| income tax expense | -45,300,000 | 51,700,000 | 29,700,000 | 37,400,000 | 56,900,000 | 10,200,000 | 11,400,000 | 11,900,000 | -400,000 | 35,700,000 | 1,300,000 | 10,000,000 | 14,300,000 | 13,800,000 | ||||
| asset impairments | 8,700,000 | |||||||||||||||||
| net sales: | ||||||||||||||||||
| costs and expenses: | ||||||||||||||||||
| other deductions | 41,800,000 | 126,200,000 | 49,500,000 | 34,400,000 | ||||||||||||||
| earnings per share: | ||||||||||||||||||
| basic and diluted | 0.26 | -0.05 | -1.12 | |||||||||||||||
| weighted-average shares outstanding: | ||||||||||||||||||
| basic and diluted | 307,076,397 | 328,411,705 | 240,656,864 | |||||||||||||||
We provide you with 20 years income statements for Vertiv stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Vertiv stock. Explore the full financial landscape of Vertiv stock with our expertly curated income statements.
The information provided in this report about Vertiv stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.