Vertiv Holdings, LLC — Earnings Quality Grade C
VRT · Industrials
Some red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 111 days, change +3 days YoY
AR growth 31.6% vs revenue growth 27.7%
Revenue 27.7%, CFFO 60.2%. Cash follows revenue
Expense Quality
Inventory 17.0% vs COGS 28.3%. Normal
CapEx growth 23.0% vs revenue 27.7%. Normal
SG&A/Gross Profit = 43.5%. Normal
Gross margin 36.3%, change -0.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.59. Profits backed by cash
FCF $1.9B, FCF/NI = 1.42
Accruals ratio = -6.4%. Low accruals
Cash $1.8B covers 57% of debt $3.2B
Balance Sheet Health
Goodwill+Intangibles $3.9B = 100% of equity. Over 50%
Debt/EBITDA = 1.5x. Healthy
Other assets -34.8% vs revenue 27.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 40% YoY
Manipulation Score
M-Score = -2.44 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10