VRT
Vertiv Holdings Co
VRT has the edge over WMS overall, supported by stronger valuation and stronger fundamentals.
WMS
Advanced Drainage Systems, Inc.
WMS's outlook is improving, though it still trails on the overall score.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
WMS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Stable |
WMS's revenue, profitability and cash flow are currently healthy, and its balance sheet is stable.
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 has the edge over WMS in the historical PE scenario, which offers more potential upside but is not a forecast.
WMS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $100 | -19% |
| Forward | 19x | $124 | — |
| Current | 23x | $124 | — |
| Fair | 25x | $134 | +8.5% |
| Expensive | 43x | $226 | +83% |
Historical ranges are pointers, not guarantees.
WMS's PE is in its fair range at 23x. If earnings grow as analysts expect, today's price would be 19x next year's earnings, in its cheap range.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over WMS on the outlook, with more favorable profitability expectations.
WMS Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for WMS, with profitability holding steady.
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 WMS on earnings, with more consistent year-over-year improvement.
WMS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.43 | +22% |
| Q3 2026 | $5.26 | -10% |
| Q2 2026 | $5.79 | +4.5% |
| Q1 2026 | $5.44 | -5.6% |
| Q4 2025 | $6.01 | +0.3% |
| Q3 2025 | $5.86 | -6.8% |
| Q2 2025 | $5.54 | -12% |
| Q1 2025 | $5.76 | -11% |
| Q4 2024 | $5.99 | -4.9% |
WMS earned $5.26 per share over the past year, down 10% from the year before.
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 WMS 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 WMS on profitability, with a higher operating margin.
WMS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $889.4M | +4.6% |
| Q2 2026 | $1B | +21% |
| Q1 2026 | $676.8M | +9.9% |
| Q4 2025 | $693.4M | +0.4% |
| Q3 2025 | $850.4M | +8.7% |
| Q2 2025 | $829.9M | +1.8% |
| Q1 2025 | $615.8M | -5.8% |
| Q4 2024 | $690.5M | +4.3% |
WMS's revenue has grown year over year for six quarters in a row: $889M last quarter, up 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 22% | -4.4 points |
| Q2 2026 | 25% | +0.6 points |
| Q1 2026 | 7.9% | -11 points |
| Q4 2025 | 20% | +1.4 points |
| Q3 2025 | 26% | +2.3 points |
| Q2 2025 | 25% | -3 points |
| Q1 2025 | 19% | -1.7 points |
| Q4 2024 | 18% | -4.8 points |
WMS's operating margin was 22% last quarter, down 4.4 points from the same quarter a year ago.
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 WMS on cash flow, with more consistent year-over-year improvement.
WMS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $156.2M | -11% |
| Q2 2026 | $203.2M | -8.6% |
| Q1 2026 | -$13.1M | -$7.8M |
| Q4 2025 | $183.6M | +35% |
| Q3 2025 | $176.4M | +57% |
| Q2 2025 | $222.4M | +77% |
| Q1 2025 | -$5.3M | +$24.5M |
| Q4 2024 | $135.7M | -28% |
WMS generated $530M in free cash flow over the past year, about the same as the year before.
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 |
WMS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -1.2M shares |
| 1 year | -3.2% | -2.5M shares |
| 3 years | -4.4% | -3.5M shares |
| 5 years | +5.4% | +3.9M shares |
| Available history | +9.4% | +6.5M shares |
WMS has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $139.7M |
| Q2 2026 | $233.2M |
| Q1 2026 | $92M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
WMS spent $465M buying back its own shares over the past year, after none the year before.
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 the edge over WMS on leverage, with a lower net debt burden relative to earnings.
WMS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.7x | Healthy |
| Q2 2026 | 1.6x | Healthy |
| Q1 2026 | 1.7x | Healthy |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.0x | Very low |
| Q4 2024 | 0.9x | Very low |
WMS's net debt is about 1.7 years of its operating earnings (EBITDA), up from less than a year a year ago.
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).
WMS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.5 | Neutral |
| Stochastic | 20.8 | Neutral |
WMS's weekly RSI is 41 (neutral) and its Stochastic is 21 (neutral).
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.
WMS PE vs Industrials Sector
| Metric | WMS | Sector median | Relative |
|---|---|---|---|
| PE | 23x | 24x | 2.3% below |
| PE % | 37 | 58 | 21 pts below |
WMS has the edge over VRT on valuation relative to its sector.
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 WMS on trend strength, trading above more of its moving averages.
WMS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $128.5 | 3.9% below |
| 20 week MA | $136.2 | 9.3% below |
| 50 week MA | $143.7 | 14% below |
| 100 week MA | $133.9 | 7.8% below |
| 200 week MA | $132.5 | 6.8% below |
WMS is in a downtrend: it's below all five of its weekly moving averages, and 6.8% below its 200-week average.
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 WMS on returns for 2026, with the stronger performance.
WMS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.3 | $81.5 | +107% |
| 2021 | $81.5 | $133.6 | +64% |
| 2022 | $133.6 | $82.8 | -38% |
| 2023 | $82.8 | $140.6 | +70% |
| 2024 | $140.6 | $115.6 | -18% |
| 2025 | $115.6 | $149.6 | +29% |
| 2026 YTD | $149.6 | $123.5 | -17% |
WMS has finished higher in four of the last six years, three of them by more than 50%. It's down 17% so far in 2026.