The company said net sales for Q4 2024 were $2,346 million, up 26% from a year earlier, and operating profit was $457 million, up 60%. Adjusted operating profit was $504 million, up 53%.

1. 01

   The company said net sales for Q4 2024 were $2,346 million, up 26% from a year earlier, and operating profit was $457 million, up 60%. Adjusted operating profit was $504 million, up 53%.

2. 02

   Vertiv said its adjusted operating margin for Q4 2024 was 21.5%, expanding 380 basis points from Q4 2023. The company cited strong volume growth, favorable commercial execution and manufacturing and procurement productivity benefits as factors.

3. 03

   The company said operating cash flow for Q4 2024 was $425 million and adjusted free cash flow was $362 million. Liquidity at the end of Q4 was $2.0 billion, and net leverage was ~1.0x. It said borrowings under its ABL credit facility were 0.

4. 04

   Vertiv said it expects full-year 2025 net sales of $9,125M to $9,275M, adjusted operating profit of $1,910M to $1,960M, and adjusted diluted EPS of $3.50 to $3.60. The company said this outlook does not reflect the impact of recent policy changes by the new U.S. Administration, including tariff and corporate tax policies.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.