VRT
Vertiv Holdings Co
VRT has the edge over WOR overall, supported by stronger valuation and stronger modeled upside.
WOR
Worthington Industries, Inc.
WOR has slightly lower modeled downside risk, despite its lower overall score.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
WOR Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Strong | |
| Healthy |
WOR's revenue, cash flow and balance sheet are currently healthy, and its profitability 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 WOR in the historical PE scenario, which offers more potential upside but is not a forecast.
WOR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6x | $20.01 | -66% |
| Fair | 14x | $46.16 | -21% |
| Forward | 15x | $58.20 | — |
| Current | 18x | $58.20 | — |
| Expensive | 28x | $91.69 | +58% |
Historical ranges are pointers, not guarantees.
WOR's PE is in its fair range at 18x, but its recent earnings include one-off gains. If earnings grow as analysts expect, today's price would be 15x next year's earnings.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over WOR on the outlook, with more favorable profitability expectations.
WOR Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for WOR, 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 WOR on earnings, with more consistent year-over-year improvement.
WOR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.86 | +17% |
| Q3 2026 | $3.31 | +55% |
| Q2 2026 | $3.14 | +64% |
| Q1 2026 | $2.26 | +93% |
| Q4 2025 | $2.13 | +160% |
| Q3 2025 | $2.14 | +185% |
| Q2 2025 | $1.92 | -13% |
| Q1 2025 | $1.17 | -79% |
| Q4 2024 | $0.82 | -86% |
WOR's earnings per share have fallen from their peak: $3.31 over the past year, against $13.24 in mid-2021. Its recent earnings include one-off gains.
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 WOR 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 WOR on profitability, with a higher operating margin.
WOR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $343.9M | +13% |
| Q2 2026 | $371.5M | +17% |
| Q1 2026 | $378.7M | +24% |
| Q4 2025 | $327.5M | +19% |
| Q3 2025 | $303.7M | +18% |
| Q2 2025 | $317.9M | -0.3% |
| Q1 2025 | $304.5M | -3.9% |
| Q4 2024 | $274M | -75% |
WOR's revenue is recovering but still below its 2022 peak: $344M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.8% | +0.8 points |
| Q2 2026 | 6.2% | +16 points |
| Q1 2026 | 8.3% | +1.5 points |
| Q4 2025 | 3.8% | +2.5 points |
| Q3 2025 | 3% | +4.9 points |
| Q2 2025 | -9.6% | +8 points |
| Q1 2025 | 6.8% | +5.5 points |
| Q4 2024 | 1.3% | +1.8 points |
WOR's operating margin was 3.8% last quarter, up 0.8 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 WOR on cash flow, with more consistent year-over-year improvement.
WOR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $54M | +94% |
| Q2 2026 | $55.1M | +12% |
| Q1 2026 | $48.1M | +8.4% |
| Q4 2025 | $39.1M | +15% |
| Q3 2025 | $27.9M | -12% |
| Q2 2025 | $49.3M | +46% |
| Q1 2025 | $44.4M | +11% |
| Q4 2024 | $33.9M | -67% |
WOR still generates free cash flow, though less than at its 2023 peak: $196M over the past year.
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 |
WOR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -551K shares |
| 1 year | -1.7% | -861K shares |
| 3 years | -1.4% | -721K shares |
| 5 years | -5.2% | -2.7M shares |
| Available history | -12% | -6.9M shares |
WOR has the edge over VRT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18.2M |
| Q2 2026 | $18.4M |
| Q1 2026 | $5.4M |
| Q4 2025 | $13.7M |
| Q3 2025 | $6.3M |
| Q2 2025 | $9.8M |
| Q1 2025 | $6.2M |
| Q4 2024 | $8.1M |
WOR spent $56M buying back its own shares over the past year, up 83% from 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 WOR on leverage, with a lower net debt burden relative to earnings.
WOR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 4.0x | Elevated |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | 6.0x | High |
| Q3 2024 | 67.1x | High |
WOR's net debt is about 1.8 years of its operating earnings (EBITDA), down from 2.6 years 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).
WOR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.6 | Neutral |
| Stochastic | 48.9 | Neutral |
WOR's weekly RSI is 49 (neutral) and its Stochastic is 49 (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.
WOR PE vs Industrials Sector
| Metric | WOR | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 24x | 27% below |
| PE % | 57 | 58 | 1 pt below |
WOR 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 pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
WOR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.8 | 5.9% below |
| 20 week MA | $59.0 | 1.3% below |
| 50 week MA | $56.4 | 3.2% above |
| 100 week MA | $54.9 | 6% above |
| 200 week MA | $50.4 | 16% above |
WOR has the edge over VRT on trend strength, trading above more of its moving averages.
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 WOR on returns for 2026, with the stronger performance.
WOR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $26.2 | $31.3 | +20% |
| 2021 | $31.3 | $32.5 | +3.6% |
| 2022 | $32.5 | $30.6 | -5.9% |
| 2023 | $30.6 | $57.6 | +88% |
| 2024 | $57.6 | $40.7 | -29% |
| 2025 | $40.7 | $52.9 | +30% |
| 2026 YTD | $52.9 | $58.2 | +10% |
WOR has finished higher in four of the last six years. It's up 10% so far in 2026.