Vertiv Holdings Co (FRA:49V) Tax Rate % : 40.05% (As of Dec. 2024)

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What is Vertiv Holdings Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vertiv Holdings Co's Tax Expense for the three months ended in Dec. 2024 was €94 Mil. Vertiv Holdings Co's Pre-Tax Income for the three months ended in Dec. 2024 was €234 Mil. Therefore, Vertiv Holdings Co's Tax Rate % for the quarter that ended in Dec. 2024 was 40.05%.

Vertiv Holdings Co Tax Rate % Historical Data

The historical data trend for Vertiv Holdings Co's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vertiv Holdings Co Tax Rate % Chart

Vertiv Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-28.55

28.04

54.13

13.77

35.22

Vertiv Holdings Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-24.19	54.62	32.72	34.23	40.05

Vertiv Holdings Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Vertiv Holdings Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	257.468	/	730.957
	=	35.22 %

Vertiv Holdings Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	93.781	/	234.166
	=	40.05 %

Vertiv Holdings Co Tax Rate % Related Terms

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Vertiv Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vertiv Holdings Co (FRA:49V) » Definitions » Tax Rate %

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VRT:USA

Address

505 N. Cleveland Avenue, Westerville, OH, USA, 43082

Website

https://www.vertiv.com

Vertiv has roots tracing back to 1946 when its founder, Ralph Liebert, developed an air-cooling system for mainframe data rooms. As computers started making their way into commercial applications in 1965, Liebert developed one of the first computer room air conditioning, or CRAC, units, enabling the precise control of temperature and humidity. The firm has slowly expanded its data center portfolio through internal product development and the acquisition of thermal and power management products like condensers, busways, and switches. Vertiv has global operations today; its products can be found in data centers in most regions throughout the world.

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