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TickerVRT
SectorElectrical Equipment & Parts
Mkt cap$130.6B
EV / EBITDA56.0×
PostureHigh Velocity
Composite78/100
LensTarget-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1674101

Vertiv Holdings Co

VRTHIGH VELOCITYFILING INTENSITY

Vertiv Holdings Co reads as High Velocity (composite 78/100); pressure / disclosure signals dominate the posture this cycle · primary market Machinery & Automation.

Lens

Disclosed M&A capital (2023–2025)

$1.2B

+5%

vs $1.2B in 2020–2022

Disclosed transactions

N/A

−99%

3/3 active fiscal years in window

Buyer archetype

Transformational Buyer

Episodic but very large disclosed transactions drive the profile.

Composite score

78

/100

High Velocity dominates · Filing Intensity

Financial snapshot
Revenue$10.8B
EBITDA$2.3B
Enterprise value$131.6B
EV / Revenue12.1×
EV / EBITDA56.0×
P/EN/A
Cash$2.2B
Total debt$2.9B
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

44/100

Companies actively deploying disclosed capital into M&A

  • $3.9B disclosed buyer spend
  • Filed within 29d

Buyer Cadence

23/100

Buyer-side companies with recent filing activity

  • Filed within 29d
  • 105 8-Ks

Target Probability

24/100

Issuers showing target-side patterns from filings

  • 9 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 9 activism filings

Pressure Watch

45/100

Issuers facing activism, governance, or control pressure

  • 9 activism filings
  • Latest activism 2.8y ago; discounted

Distress Watch

18/100

Issuers showing financial-distress filing patterns

  • 9 activism filings

Restatement Risk

7/100

Issuers with accounting-integrity flags from filings

  • 1 non-reliance 8-K
  • 1 auditor change
  • Latest event 5.1y ago; heavily discounted

Capital Velocity

Dominant
78/100

Issuers with the highest filing-activity intensity

  • 105 8-Ks
  • Filed within 29d
  • 5 form types

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $131.6B
  • 10-Q 34d ago
  • 3 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $1,500M · Peak count: 1

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/A$1.2BN/AN/A
2024N/A$18MN/AN/A
2023N/A$29MN/AN/A
2022N/A$5MN/AN/A
20211$1.2B$1.2BN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Horizontal Consolidation
    50%
  • Technology Acquisition
    50%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • horizontal_consolidation
  • technology_acquisition
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

Such consolidations or other disruptions may result in certain parties gaining additional purchasing leverage and, consequently, increasing the product pricing pressures facing our business.

10-KFY2024

Any disruption or consolidation of our customers’ markets or reduction in customer spending on technology could result in declines in the sales volume and prices of our products.

10-KFY2024
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Machinery & Automation

Market spend (2023–2025)
$92.5B
Market spend (2020–2022)
$69.9B
Recent vs prior
+32%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

56.0×EV / EBITDA

VRT trades at a +38.4-turn premium to the Machinery & Automation peer median of 17.6×.

EV / Revenue
12.1×
Net debt / EBITDA
0.3×
Peer median EV / EBITDA
17.6×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
Vertiv Holdings CoVRT
56.0×12.1×0.3×$10.8B$1.2B
24.3×7.2×0.3×$7.6B$3.3B
21.5×3.1×5.3×$4.3B$8.7B
17.6×5.0×1.1×$18.3B$9.1B
17.5×3.8×1.3×$8.3B$1.8B
15.8×3.1×-0.3×$6B$5.1B
13.8×5.5×3.1×$8.1B$8.1B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Machinery & Automation. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Buyer landscape.

Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.

Likely buyers

No public buyers surface as a strong target-side fit on current signal.

Likely sellers / divestiture partners

No reciprocal divestiture / strategic-alternatives matches identified.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)92026-02-13
  • 10-Q (quarterly)242026-04-22
  • 8-K (event)1052026-04-27
  • Proxy / DEF 14A192026-04-24
  • Activism (13D / DFAN / PREC)92023-08-09

Signals on file

  • critical

    Non-reliance disclosure

    2021-04-23

    1 Item 4.02 filing on file; financial-statement non-reliance.

  • elevated

    Auditor change

    2020-02-07

    1 Item 4.01 filing on file; certifying accountant change.

  • elevated

    Activism on file

    2023-08-09

    9 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

  • info

    Signal

    Restatement risk

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.

Vertiv Holdings Co: Issuer Brief | SE-Cluster