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Statement
Assets, liabilities and equity aligned across the annual filing history, in USD millions.
Assets
+33.7% YoYReported for FY 2025
Liabilities
+23.5% YoYReported for FY 2025
Equity
+61.9% YoYReported for FY 2025
Equity mix
+5.6 ppEquity share of the capital base
Table view
Balance sheet, reported dollar amounts — FY 2025
Every figure is the balance as filed. Each filing badge opens the SEC index page for that fiscal year.
Structure
Assets plotted against the liabilities and equity stack, so you can see how the balance sheet is financed.
Liabilities and equity stack to the capital base; assets are the dashed reference line.
Composition
The same split read as a share of total capital rather than in absolute dollars.
Percentages are measured against total capital for each fiscal year.
Trend
How assets, liabilities and equity have moved across the annual balance sheet window.
Switching between bar and line keeps the selected year order.
Commentary
This explanation uses an earlier data snapshot or evidence version. Compare its generation date with the current filing figures.
Earlier AI snapshot · Generated Jun 5, 2026. The filing-backed figures above are the current source of truth.
Vertiv Holdings Co’s balance sheet expanded materially over the five-year period, with total assets rising from $6.9 billion in 2021 to $12.2 billion in 2025, an increase of roughly 76%. The strongest step-up came in 2025, when assets grew by about $3.1 billion year over year, following a steadier climb in 2022–2024. This pattern suggests the company has been scaling its operating base aggressively, which is consistent with demand for power, cooling, and infrastructure solutions tied to data centers and AI-related capacity growth. Liabilities also increased steadily, from $5.5 billion in 2021 to $8.3 billion in 2025, but at a slower pace than assets overall. As a result, stockholders’ equity improved meaningfully, nearly tripling from $1.4 billion in 2021 to $3.9 billion in 2025. Equity was relatively flat in 2021–2022, then began to accelerate in 2023–2025, indicating stronger retained earnings and/or capital accumulation. Overall, the balance sheet appears to have strengthened over time: leverage remains significant, but the faster growth in assets and equity versus liabilities points to improving financial flexibility and a better-capitalized position.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.