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VRT Vertiv Holdings Co

NYSE, CIK 0001674101, fiscal year ends 12/31. Last price 194.32 on 2026-10-23, market value 74.8 billion dollars.

Machine-readable: VRT.json, VRT.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	29 partial, missing 3, 5	partial: 3, 5	2025-12-31 stale: Revenue	2016–2025	2026-10-23	0 verified, 18 unverified	method
Magic Formula	33	ok	2026-03-31 stale: operating_income_q	—	2026-10-23	—	method
Momentum	50	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	no open-market transactions in window	2026-10-23	—	—	—	method
Buffett Quality	36	ok	2026-06-30	2016–2025	2026-10-23	0 verified, 42 unverified	method
Lynch GARP	32	ok	2026-06-30	2020–2025	2026-10-23	0 verified, 5 unverified	method
Graham Enterprising	61	ok	2026-06-30	2020–2025	2026-10-23	0 verified, 11 unverified	method
Piotroski F-Score	67	ok	—	2024–2026	—	0 verified, 27 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	194.32	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	384,988,173	underlying shares	2026-07-27	SEC cover page 10-Q 0001628280-26-050609 (384,988,173 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1674101/000162828026050609/vrt-20260630.htm 0001628280-26-050609
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	74,810,901,777	USD	2026-10-23 shares at 2026-07-27	194.32 (price 2026-10-23) / 1 x 384,988,173 (shares at 2026-07-27) = 74,810,901,777

Graham Defensive

29 of 100. partial: 3, 5. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	10.23 revenue $B	>= 1	5.0 / 5
2a Current ratio	1.38	>= 2.0	5.7 / 15
2b Long-term debt vs working capital	1.07 LTD / WC	<= 1.0	13.9 / 15
3 Positive earnings each of 10 years	9 years reported missing 2017	10 of 10	None / 15
4 Dividends every year for 20 years	6 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 XBRL check: 0 years agree, 20 unverified	20 of 20	4.5 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	— missing 2014, 2015, 2016	>= +33%	None / 10
6 P/E on 3-year average EPS	99.1	<= 15	0.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 15.72, product 1559.0	<= 1.5 or <= 22.5	0.0 / 10

Inputs, 20 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	194.32	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	10229900000.0	2025-12-31 stale	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
current_assets	9984900000.0	2026-06-30	SEC XBRL AssetsCurrent 0001628280-26-050609	unverified
current_liabilities	7243000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0001628280-26-050609	unverified
lt_debt	2939800000.0	2026-06-30	SEC XBRL LongTermDebtNoncurrent 0001628280-26-050609	unverified
equity	4757600000.0	2026-06-30	SEC XBRL StockholdersEquity 0001628280-26-050609	unverified
Net income FY2016	-303418.0	2016-12-31 history	SEC XBRL ProfitLoss 0001193125-19-072362	unverified
Net income FY2018	-314000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001628280-21-008318	unverified
Net income FY2019	-140800000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001628280-22-004533	unverified
Net income FY2020	-327300000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0001628280-23-005248	unverified
Net income FY2021	119600000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-24-006498	unverified
Net income FY2022	76600000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-25-005905	unverified
Net income FY2023	460200000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Net income FY2024	495800000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Net income FY2025	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Dividend years (Yahoo)	[2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	unverified
EPS diluted FY2023	1.19	2023-12-31 history	SEC XBRL EarningsPerShareDiluted 0001674101-26-000008	unverified
EPS diluted FY2024	1.28	2024-12-31 history	SEC XBRL EarningsPerShareDiluted 0001674101-26-000008	unverified
EPS diluted FY2025	3.41	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0001674101-26-000008	unverified
Shares outstanding	384988173.0	2026-07-27	SEC cover page 10-Q 0001628280-26-050609 (384,988,173 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1674101/000162828026050609/vrt-20260630.htm 0001628280-26-050609	not cross-checked

Magic Formula

33 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (2,939,800,000) - cash	2.9 % (rank 154)
Return on capital (EBIT/(NWC+PPE)) net working capital 2,741,900,000 used as reported	55.39 % (rank 76)
Combined rank	230

Inputs, 13 numbers with their sources

Input	Value	Period	Source	Check
operating_income	1829700000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0001674101-26-000008	not cross-checked
operating_income_q	440100000.0	2026-03-31 stale	SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0001628280-26-026556	not cross-checked
operating_income_q	290700000.0	2025-03-31 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0001628280-26-026556	not cross-checked
operating_income_q	637900000.0	2026-06-30	SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0001628280-26-050609	not cross-checked
operating_income_q	442400000.0	2025-06-30 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0001628280-26-050609	not cross-checked
current_assets	9984900000.0	2026-06-30	SEC XBRL AssetsCurrent 0001628280-26-050609	not cross-checked
current_liabilities	7243000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0001628280-26-050609	not cross-checked
cash	2810600000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001628280-26-050609	not cross-checked
ppe_net	1184200000.0	2026-06-30	SEC XBRL PropertyPlantAndEquipmentNet 0001628280-26-050609	not cross-checked
debt_incl_current	2939800000.0	2026-06-30	SEC XBRL LongTermDebt 0001628280-26-050609	not cross-checked
shares_out	384988173.0	2026-07-27	SEC cover page 10-Q 0001628280-26-050609 (384,988,173 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1674101/000162828026050609/vrt-20260630.htm 0001628280-26-050609	not cross-checked
Price (close)	194.32	2026-10-23	Yahoo Finance / Alpaca Market Data	not cross-checked
note	debt = LongTermDebt (incl. current maturities)			not cross-checked

Momentum

50 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	35.9 % (percentile 81.5)	40.7 / 50
6 month return	-39.6 % (percentile 1.0)	0.2 / 20
Price / 52-week high	0.517	7.8 / 15
Volatility penalty (60d annualised)	57.2 %	1.1 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	194.32	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. no open-market transactions in window. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.0 bp	-0.0 / 0

Inputs, 8 numbers with their sources

Input	Value	Source	Check
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked
excluded 2026-09-01 S	10b5-1 plan	rule	not cross-checked

Buffett Quality

36 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	4.5% over 6 yrs	>= 15%	0.0 / 25
2 Profitable every year	5 of 9	all years	8.3 / 15
3 Net income growth, 3-yr average now vs start of window growth rate undefined	base or latest average not positive	>= +10%	0.0 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities)	3.9 years	<= 4	15.0 / 15
5 Operating margin, 5-yr average	11.4%	>= 20%	2.8 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	1.49	>= 1.0	10.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	1.7%	>= 7%	0.0 / 15

Inputs, 44 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	194.32	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2020	-327300000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0001628280-23-005248	unverified
Equity at FY2020 end	512100000.0	2020-12-31 history	SEC XBRL StockholdersEquity 0001628280-24-006498	unverified
Net income FY2021	119600000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-24-006498	unverified
Equity at FY2021 end	1417700000.0	2021-12-31 history	SEC XBRL StockholdersEquity 0001628280-25-005905	unverified
Net income FY2022	76600000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-25-005905	unverified
Equity at FY2022 end	1441900000.0	2022-12-31 history	SEC XBRL StockholdersEquity 0001674101-26-000008	unverified
Net income FY2023	460200000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Equity at FY2023 end	2014900000.0	2023-12-31 history	SEC XBRL StockholdersEquity 0001674101-26-000008	unverified
Net income FY2024	495800000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Equity at FY2024 end	2434300000.0	2024-12-31 history	SEC XBRL StockholdersEquity 0001628280-26-050609	unverified
Net income FY2025	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Equity at FY2025 end	3941300000.0	2025-12-31 history	SEC XBRL StockholdersEquity 0001628280-26-050609	unverified
Net income FY2016	-303418.0	2016-12-31 history	SEC XBRL ProfitLoss 0001193125-19-072362	unverified
Net income FY2018	-314000000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0001628280-21-008318	unverified
Net income FY2019	-140800000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0001628280-22-004533	unverified
Net income FY2020	-327300000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0001628280-23-005248	unverified
Net income FY2021	119600000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-24-006498	unverified
Net income FY2022	76600000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-25-005905	unverified
Net income FY2023	460200000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Net income FY2024	495800000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Net income FY2025	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
debt_incl_current	2939800000.0	2026-06-30	SEC XBRL LongTermDebt 0001628280-26-050609	unverified
Operating income FY2021	259900000.0	2021-12-31 history	SEC XBRL OperatingIncomeLoss 0001628280-24-006498	unverified
Revenue FY2021	4998100000.0	2021-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-24-006498	unverified
Operating income FY2022	223400000.0	2022-12-31 history	SEC XBRL OperatingIncomeLoss 0001628280-25-005905	unverified
Revenue FY2022	5691500000.0	2022-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001628280-25-005905	unverified
Operating income FY2023	872200000.0	2023-12-31 history	SEC XBRL OperatingIncomeLoss 0001674101-26-000008	unverified
Revenue FY2023	6863200000.0	2023-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
Operating income FY2024	1367400000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0001674101-26-000008	unverified
Revenue FY2024	8011800000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
Operating income FY2025	1829700000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0001674101-26-000008	unverified
Revenue FY2025	10229900000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
Operating cash flow FY2021	210900000.0	2021-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-24-006498	unverified
Capital expenditure FY2021	73400000.0	2021-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-24-006498	unverified
Operating cash flow FY2022	-152800000.0	2022-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001628280-25-005905	unverified
Capital expenditure FY2022	100000000.0	2022-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001628280-25-005905	unverified
Operating cash flow FY2023	900500000.0	2023-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001674101-26-000008	unverified
Capital expenditure FY2023	127900000.0	2023-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001674101-26-000008	unverified
Operating cash flow FY2024	1319300000.0	2024-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001674101-26-000008	unverified
Capital expenditure FY2024	167000000.0	2024-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001674101-26-000008	unverified
Operating cash flow FY2025	2113800000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001674101-26-000008	unverified
Capital expenditure FY2025	220000000.0	2025-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0001674101-26-000008	unverified
Shares outstanding	384988173.0	2026-07-27	SEC cover page 10-Q 0001628280-26-050609 (384,988,173 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1674101/000162828026050609/vrt-20260630.htm 0001628280-26-050609	not cross-checked

Lynch GARP

32 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points) earnings not positive in both years, or growth not positive: PEG undefined	—	<= 1.0	0.0 / 30
2 EPS growth, 5-yr compound rate earnings not positive in both years	—	12% to 35% a year	0.0 / 20
3 P/E on latest annual EPS	57.0	<= 25	0.0 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities)	0.62	<= 0.5	13.2 / 15
5 Years of the last 5 in which EPS rose	4 of 5	5 of 5	12.0 / 15
6 Net cash (cash minus borrowings) / market cap	-0.2%	>= +10%	7.1 / 10

Inputs, 6 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	194.32	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	3.41	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0001674101-26-000008	unverified
EPS diluted FY2020	-1.07	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0001628280-23-005248	unverified
debt_incl_current	2939800000.0	2026-06-30	SEC XBRL LongTermDebt 0001628280-26-050609	unverified
equity	4757600000.0	2026-06-30	SEC XBRL StockholdersEquity 0001628280-26-050609	unverified
cash	2810600000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0001628280-26-050609	unverified

Graham Enterprising

61 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	1.38	>= 1.5	11.4 / 15
2 Borrowings vs working capital LongTermDebt (incl. current maturities)	1.07 x	<= 1.1x	15.0 / 15
3 No earnings deficit in the last 5 years	5 of 5 profitable	5 of 5	15.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier	-1.07 -> 3.41	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	15.72	<= 1.2	0.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 14 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	194.32	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	9984900000.0	2026-06-30	SEC XBRL AssetsCurrent 0001628280-26-050609	unverified
current_liabilities	7243000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0001628280-26-050609	unverified
debt_incl_current	2939800000.0	2026-06-30	SEC XBRL LongTermDebt 0001628280-26-050609	unverified
Net income FY2021	119600000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-24-006498	unverified
Net income FY2022	76600000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001628280-25-005905	unverified
Net income FY2023	460200000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Net income FY2024	495800000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Net income FY2025	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
Dividend years (Yahoo)	[2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	3.41	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0001674101-26-000008	unverified
EPS diluted FY2020	-1.07	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0001628280-23-005248	unverified
equity	4757600000.0	2026-06-30	SEC XBRL StockholdersEquity 0001628280-26-050609	unverified
Shares outstanding	384988173.0	2026-07-27	SEC cover page 10-Q 0001628280-26-050609 (384,988,173 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1674101/000162828026050609/vrt-20260630.htm 0001628280-26-050609	not cross-checked

Piotroski F-Score

67 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	10.9%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	2,114M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	5.4% -> 10.9%	pass = 1	11.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	2,114M vs 1,333M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell	31.8% -> 23.7%	pass = 1	11.11111111111111 / 11.11111111111111
6 Current ratio improved	1.65 -> 1.55	pass = 1	0.0 / 11.11111111111111
7 No new shares issued (share count did not rise)	382M -> 385M	pass = 1	0.0 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	17.1% -> 17.9%	pass = 1	11.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.88 -> 0.84	pass = 1	0.0 / 11.11111111111111

Inputs, 27 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-12-31	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
total_assets 2025-12-31	12212400000.0	2025-12-31 history	SEC XBRL Assets 0001628280-26-050609	unverified
cfo 2025-12-31	2113800000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001674101-26-000008	unverified
net_income 2025-12-31	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
net_income 2024-12-31	495800000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
total_assets 2025-12-31	12212400000.0	2025-12-31 history	SEC XBRL Assets 0001628280-26-050609	unverified
total_assets 2024-12-31	9132500000.0	2024-12-31 history	SEC XBRL Assets 0001674101-26-000008	unverified
cfo 2025-12-31	2113800000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0001674101-26-000008	unverified
net_income 2025-12-31	1332800000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-174898) 0001674101-26-000008	unverified
lt_debt 2025-12-31	2892100000.0	2025-12-31 history	SEC XBRL LongTermDebtNoncurrent 0001628280-26-050609	unverified
lt_debt 2024-12-31	2907200000.0	2024-12-31 history	SEC XBRL LongTermDebtNoncurrent 0001674101-26-000008	unverified
total_assets 2025-12-31	12212400000.0	2025-12-31 history	SEC XBRL Assets 0001628280-26-050609	unverified
total_assets 2024-12-31	9132500000.0	2024-12-31 history	SEC XBRL Assets 0001674101-26-000008	unverified
current_assets 2025-12-31	6819500000.0	2025-12-31 history	SEC XBRL AssetsCurrent 0001628280-26-050609	unverified
current_assets 2024-12-31	5101800000.0	2024-12-31 history	SEC XBRL AssetsCurrent 0001674101-26-000008	unverified
current_liabilities 2025-12-31	4407000000.0	2025-12-31 history	SEC XBRL LiabilitiesCurrent 0001628280-26-050609	unverified
current_liabilities 2024-12-31	3097000000.0	2024-12-31 history	SEC XBRL LiabilitiesCurrent 0001674101-26-000008	unverified
shares_out 2026-07-27	384988173.0	2026-07-27 history	SEC XBRL EntityCommonStockSharesOutstanding 0001628280-26-050609	unverified
shares_out 2025-07-28	381866664.0	2025-07-28 history	SEC XBRL EntityCommonStockSharesOutstanding 0001674101-25-000008	unverified
operating_income 2025-12-31	1829700000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0001674101-26-000008	unverified
operating_income 2024-12-31	1367400000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0001674101-26-000008	unverified
revenue 2025-12-31	10229900000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
revenue 2024-12-31	8011800000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
revenue 2025-12-31	10229900000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
revenue 2024-12-31	8011800000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0001674101-26-000008	unverified
total_assets 2025-12-31	12212400000.0	2025-12-31 history	SEC XBRL Assets 0001628280-26-050609	unverified
total_assets 2024-12-31	9132500000.0	2024-12-31 history	SEC XBRL Assets 0001674101-26-000008	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2016	2016-12-31		-0		none	0001193125-19-072362
2017	2017-12-31	0			none	0001104659-20-032055
2018	2018-12-31	0	-314	-2.65	none	0001628280-21-008318
2019	2019-12-31	0	-141	-1.19	none	0001628280-22-004533
2020	2020-12-31	4,371	-327	-1.07	paid	0001628280-23-005248
2021	2021-12-31	4,998	120	0.33	paid	0001628280-24-006498
2022	2022-12-31	5,692	77	-0.04	paid	0001628280-25-005905
2023	2023-12-31	6,863	460	1.19	paid	0001674101-26-000008
2024	2024-12-31	8,012	496	1.28	paid	0001674101-26-000008
2025	2025-12-31	10,230	1,333	3.41	paid	0001674101-26-000008

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-09-01	Monser Edward L	director	sale plan	2,087	256.36	535,023
2026-09-01	Monser Edward L	director	sale plan	3,520	255.58	899,642
2026-09-01	Monser Edward L	director	sale plan	3,040	254.63	774,075
2026-09-01	Monser Edward L	director	sale plan	1,000	253.37	253,370
2026-09-01	Monser Edward L	director	sale plan	2,280	252.53	575,768
2026-09-01	Monser Edward L	director	sale plan	1,440	251.56	362,246
2026-09-01	Monser Edward L	director	sale plan	1,040	250.58	260,603
2026-09-01	Monser Edward L	director	sale plan	880	249.43	219,498

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/VRT; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.