PPSI
Pioneer Power Solutions, Inc.
PPSI's outlook is improving, though it still trails on the overall score.
VRT
Vertiv Holdings Co
VRT has the edge over PPSI overall, supported by stronger fundamentals and stronger valuation.
PPSI Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Under pressure | |
| Strong |
PPSI's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
PPSI PE Valuation
PPSI has no meaningful PE right now: it lost money over the past year.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
PPSI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect PPSI's losses to shrink, with revenue growing.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
PPSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.75 | -125% |
| Q1 2026 | -$0.68 | -123% |
| Q4 2025 | -$0.54 | -119% |
| Q3 2025 | $2.89 | +$3.74 |
| Q2 2025 | $3.00 | +$3.65 |
| Q1 2025 | $2.91 | +$3.38 |
| Q4 2024 | $2.90 | +$3.26 |
| Q3 2024 | -$0.85 | -572% |
PPSI has swung to a loss: it lost $0.75 per share over the past year, after a profit the year before.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over PPSI on earnings quality, reporting a profit while its opponent remains loss making.
PPSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.7M | -44% |
| Q1 2026 | $4M | -41% |
| Q4 2025 | $5.6M | +7.1% |
| Q3 2025 | $6.9M | -37% |
| Q2 2025 | $8.4M | +32% |
| Q1 2025 | $6.7M | -22% |
| Q4 2024 | $5.3M | -38% |
| Q3 2024 | $10.9M | -12% |
PPSI's revenue has slid since its 2023 peak: $5M last quarter, down 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -43% | -22 points |
| Q1 2026 | -50% | -16 points |
| Q4 2025 | -19% | +60 points |
| Q3 2025 | -21% | -11 points |
| Q2 2025 | -20% | +16 points |
| Q1 2025 | -35% | -22 points |
| Q4 2024 | -79% | -19 points |
| Q3 2024 | -10% | -18 points |
PPSI's operating margin was −43% last quarter, down 22 points from the same quarter a year ago.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over PPSI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over PPSI on profitability, with a higher operating margin.
PPSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.8M | +$2.8M |
| Q1 2026 | -$1.1M | -223% |
| Q4 2025 | -$2.2M | +$2.4M |
| Q3 2025 | -$1.6M | +$1.8M |
| Q2 2025 | -$5.6M | -3400% |
| Q1 2025 | $907K | +$3.1M |
| Q4 2024 | -$4.6M | -$758K |
| Q3 2024 | -$3.4M | -$1.3M |
PPSI has burned cash in most quarters: −$8M over the past year, against −$13M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over PPSI on cash generation, producing positive trailing cash flow while its opponent burns cash.
PPSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +678 shares |
| 1 year | -0.1% | -7.8K shares |
| 3 years | +12% | +1.2M shares |
| 5 years | +27% | +2.4M shares |
| Available history | +27% | +2.4M shares |
PPSI has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has 393M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
PPSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2023 | -3.9x | Net Cash |
PPSI has more cash than debt.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
PPSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.7 | Neutral |
| Stochastic | 11.7 | Oversold |
PPSI's weekly RSI is 36 (neutral) and its Stochastic is 12 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
PPSI PE vs Industrials Sector
| Metric | PPSI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
PPSI has no meaningful PE right now: it lost money over the past year.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
PPSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.74 | 19% below |
| 20 week MA | $2.98 | 25% below |
| 50 week MA | $3.59 | 38% below |
| 100 week MA | $3.55 | 37% below |
| 200 week MA | $4.38 | 49% below |
PPSI is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over PPSI on trend strength, trading above more of its moving averages.
PPSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.16 | $4.28 | +98% |
| 2021 | $4.28 | $7.99 | +87% |
| 2022 | $7.99 | $2.55 | -68% |
| 2023 | $2.55 | $6.79 | +166% |
| 2024 | $6.79 | $4.08 | -40% |
| 2025 | $4.08 | $4.63 | +13% |
| 2026 YTD | $4.63 | $2.23 | -52% |
PPSI's yearly returns have swung widely, from +166% in 2023 to −68% in 2022. It's down 52% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over PPSI on returns for 2026, with the stronger performance.