Vertiv has roots tracing back to 1946 when its founder, Ralph Liebert, developed an air-cooling system for mainframe data rooms. As computers started making their way into commercial applications in 1965, Liebert developed one of the first computer room air conditioning, or CRAC, units, enabling the precise control of temperature and humidity. The firm has slowly expanded its data center portfolio through internal product development and the acquisition of thermal and power management products like condensers, busways, and switches. Vertiv has global operations today; its products can be found in data centers in most regions throughout the world.
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The chart shows the growth of an initial investment of $10,000 in Vertiv Holdings Co Class A Common Stock, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Vertiv Holdings Co Class A Common Stock (VRT) has returned 54.19% so far this year and 387.39% over the past 12 months. Looking at the last ten years, VRT has achieved an annualized return of 34.79%, outperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Vertiv Holdings Co Class A Common Stock (VRT) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.86% | 39.55% | 0.46% | 1.67% | ||||||||
| 2025 | 1.74% | -10.00% | -22.91% | 18.73% | 17.78% | 18.90% | 14.65% | -7.09% | 21.96% | 29.33% | -8.37% | -7.90% |
| 2024 | 18.64% | 17.66% | 19.40% | 13.30% | 6.45% | -11.84% | -9.96% | 4.11% | 20.96% | 9.71% | 16.09% | -11.93% |
| 2023 | 2.60% | 14.60% | -11.50% | 4.78% | 30.58% | 27.88% | 4.88% | 53.45% | -6.11% | 3.21% | 10.95% | 10.41% |
| 2022 | -17.12% | -38.15% | 8.70% | -14.94% | -11.94% | -24.73% | 39.95% | 2.67% | -14.36% | 44.11% | -5.46% | -4.14% |
| 2021 | 7.25% | 2.50% | -4.76% | 12.43% | 8.24% | 9.29% | 2.82% | 0.32% | -14.79% | 6.60% | -0.70% | -3.67% |
| 2020 | -10.68% | -26.69% | 24.00% | 22.17% | 6.35% | 7.41% | 10.71% | 6.72% | 0.40% | 4.58% | -0.53% |
The charts below present risk-adjusted performance metrics for Vertiv Holdings Co Class A Common Stock (VRT) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of VRT compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Vertiv Holdings Co Class A Common Stock volatility is 4.16%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 12.21B | 9.13B | 8.00B | 7.10B | 6.94B | 5.07B |
| Equity Attributable To Parent (USD) | 3.94B | 2.43B | 2.01B | 1.44B | 1.42B | 668.30M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - |
| Equity (USD) | 3.94B | 2.43B | 2.01B | 1.44B | 1.42B | 668.30M |
| Commitments and Contingencies (USD) | - | - | - | - | - | - |
| Other Non-current Liabilities (USD) | 951.10M | 673.00M | 737.30M | 565.00M | 694.80M | 579.90M |
| Long-term Debt (USD) | 2.91B | 2.93B | 2.94B | 3.19B | 2.97B | 2.15B |
| Noncurrent Liabilities (USD) | 3.86B | 3.60B | 3.68B | 3.76B | 3.67B | 2.73B |
| Other Current Liabilities (USD) | 2.48B | 1.63B | 1.15B | 781.30M | 870.50M | 804.10M |
| Wages (USD) | 173.20M | 147.80M | 165.40M | 132.60M | 125.80M | 138.50M |
| Accounts Payable (USD) | 1.76B | 1.32B | 986.40M | 984.00M | 858.50M | 730.50M |
| Current Liabilities (USD) | 4.41B | 3.10B | 2.31B | 1.90B | 1.85B | 1.67B |
| Liabilities (USD) | 8.27B | 6.70B | 5.98B | 5.65B | 5.52B | 4.41B |
| Other Non-current Assets (USD) | 2.58B | 1.92B | 1.76B | 1.63B | 1.61B | 824.90M |
| Intangible Assets (USD) | 1.89B | 1.49B | 1.67B | 1.82B | 2.14B | 1.30B |
| Fixed Assets (USD) | 921.80M | 625.10M | 560.10M | 489.40M | 489.30M | 427.60M |
| Noncurrent Assets (USD) | 5.39B | 4.03B | 4.00B | 3.94B | 4.24B | 2.56B |
| Other Current Assets (USD) | 5.36B | 3.86B | 3.12B | 2.34B | 2.08B | 2.07B |
| Inventory (USD) | 1.46B | 1.24B | 884.30M | 822.00M | 616.30M | 446.60M |
| Current Assets (USD) | 6.82B | 5.10B | 4.00B | 3.16B | 2.70B | 2.52B |
| Assets (USD) | 12.21B | 9.13B | 8.00B | 7.10B | 6.94B | 5.07B |
After a strong 2025, many AI stocks have stalled as investors demand profitability over hype. The market is now differentiating between companies with solid earnings (like data center operators) and those with inflated valuations relative to profits. Power efficiency is becoming a critical factor in AI infrastructure investments.
As global AI infrastructure spending is projected to nearly triple to $902 billion by 2029, three key data center suppliers are positioned for growth. Dell benefits from a record $43 billion server backlog and trades at a low valuation multiple. Nebius Group is expanding rapidly with 830% year-over-year AI cloud revenue growth. Vertiv supplies critical cooling and power solutions with strong order growth and guidance for 28% organic sales growth in 2026.
Vertiv Holdings is positioned to capitalize on the growing demand for liquid cooling solutions in AI data centers. The company has a strong $15 billion order backlog, achieved 47% earnings growth in 2025, and expects 42-45% growth this year. With liquid cooling demand projected to grow at 31.5% annually through 2033, Vertiv is recommended as a solid growth stock trading at less than 10 times sales.
The S&P 500 completed its quarterly rebalancing with four new additions and four removals effective March 23, 2026. Three AI-related stocks—Lumentum, Coherent, and Vertiv—joined the index alongside EchoStar. These companies have shown strong recent performance driven by data center buildout trends, including optical networking and cooling solutions. NVIDIA's $2 billion investments in Lumentum and Coherent underscore the importance of these technologies for future data center infrastructure.
Nvidia's networking revenue surged 263% year-over-year, signaling that AI infrastructure demand extends beyond GPUs across the entire supply chain. The article highlights three key beneficiaries: Nvidia itself with $11 billion in networking revenue, Arista Networks with record $9 billion revenue and AI networking revenue expected to double to $3.2 billion in 2026, and Vertiv Holdings with 252% surge in orders and a $15 billion backlog, driven by power management and cooling needs for AI data centers.
Equinix (EQIX), a real estate investment trust specializing in data center properties, is positioned as an attractive investment to capitalize on the AI-driven data center infrastructure boom. With projected capex reaching $602 billion this year and a potential $3 trillion infrastructure investment supercycle by 2030, Equinix offers steady recurring revenue, 11 consecutive years of dividend increases, and strong fundamentals including $9.2 billion in revenue and 10% projected growth for 2026.
Vertiv Holdings announced manufacturing capacity expansions across the Americas to support AI data center infrastructure growth, with facilities in South Carolina, Pennsylvania, and Mexico expected to significantly boost production. The company also agreed to acquire ThermoKey to enhance its thermal management and cooling capabilities. Shares were up 3.33% at $255.47, approaching their 52-week high, though technical indicators suggest near-term momentum may be fading despite the strong longer-term uptrend.
While AI stocks broadly face headwinds due to valuation concerns, AI infrastructure providers like Vertiv Holdings are experiencing sustained demand. Vertiv, which manufactures data center cooling, power, and energy storage equipment, is positioned as a safer AI infrastructure play due to rising energy costs forcing data center operators to invest in efficiency solutions regardless of broader AI sentiment. The company reported 26% YoY revenue growth in 2025 and projects 28% organic growth in 2026.
S&P Dow Jones Indices announced a significant S&P 500 rebalance effective March 23, 2026, adding Vertiv Holdings and Lumentum Holdings while removing Match Group and Paycom. The rebalance reflects a broader market shift toward technology infrastructure and photonics companies supporting AI and cloud computing. Index inclusion typically creates short-term buying pressure for new members and selling pressure for removed stocks, though long-term performance depends on fundamentals.
The article identifies three AI stocks with potential to deliver significant returns: Vertiv, which produces critical liquid-cooling solutions for AI data centers with accelerating revenue growth; Iren, a neocloud firm building AI infrastructure with major capacity expansion plans and a landmark Microsoft deal; and Micron Technology, a memory storage provider essential to AI chips that is divesting consumer business to focus on higher-margin AI infrastructure.