Vertiv (VRT) is one of the strongest players in AI, and HPC data centers. An $11Bn company it is much, much more than a liquid cooling supplier for data centers.

It competes across the global data center infrastructure, electrical equipment, and power management industries with these competitors,

Schneider Electric, Eaton Corporation and ABB.

It may not give as high returns as the smaller companies, but in a volatile market I would prefer to hold this GARP (Growth At A Reasonable Price)

It's priced at just 35x 2026 earnings, growing at 25% a PEG of 1.4 and just 6x sales growing at 18%, for P/S G ratio of just 0.33. This is cheap for a strong player riding the data center infrastructure boom.

Vertiv Holdings (VRT) $168 Q3 2025 Results Highlights

• Strong Q3 results and higher 2025 guidance, driven by AI data center demand.
• Adjusted EPS: $1.24, beating Wall Street estimates ($0.99 consensus).
• Revenue: $2.68 billion, up 29% year-over-year; exceeded analyst consensus of $2.59 billion.
• Organic orders soared 60% year-over-year and 20% sequentially from Q2, reflecting accelerating AI infrastructure demand.
• Backlog reached $9.5 billion; book-to-bill ratio stood at about 1.4x.
• CEO Giordano Albertazzi highlighted Vertiv's expanding market position in digital infrastructure and robust backlog growth.
• Operational improvements and cost controls supported margin expansion, with accelerated EMEA restructuring to position for 2026 recovery.
• Operating profit: $517 million, up 39%.
• Adjusted operating profit: $596 million, up 43%; 22.3% adjusted operating margin (up 220 bps year/year, 380 bps sequentially).
• Adjusted free cash flow: $462 million, up 38% from prior year, benefiting from higher profit and lower interest costs.
• Liquidity: $2.7 billion at quarter-end.
• Net leverage: 0.5x.

And for some cherry on the cake; Moody’s upgraded Vertiv’s credit rating to Ba1 from Ba2 during the quarter.

Not resting on their laurels, Vertiv raises its guidance for Q4 and for 2025

Q4 2025 Guidance

• Net sales: $2.81–$2.89 billion
• Adjusted EPS: $1.23–$1.29 (vs. $1.25 consensus)
• Adjusted operating profit: $620–$660 million

For 2025

• Adjusted EPS: $4.07–$4.13 (previously $3.80–$4.10)
• Adjusted operating profit: $2.04–$2.08 billion (previously $1.99–$2.06 billion)
• Adjusted free cash flow: $1.47–$1.53 billion (previously $1.40–$1.50 billion)

Executive Chairman Dave Cote said the quarter’s results “are the product of ongoing strategic investment, disciplined execution and a relentless focus on building a high-performance culture,” adding that Vertiv’s investments in capacity, R&D and AI-related technologies are “now bearing fruit.”

What's not to like? We've recommended Vertiv earlier and posted a trade alert at $109 in January 2025.

Added more at $167.