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Side-by-side financial comparison of Vertiv Holdings Co (VRT) and W. R. Berkley Corporation (WRB). Click either name above to swap in a different company.

W. R. Berkley Corporation is the larger business by last-quarter revenue ($3.7B vs $2.6B, roughly 1.4× Vertiv Holdings Co). Vertiv Holdings Co runs the higher net margin — 14.7% vs 14.0%, a 0.8% gap on every dollar of revenue. On growth, Vertiv Holdings Co posted the faster year-over-year revenue change (30.1% vs 4.0%). Over the past eight quarters, Vertiv Holdings Co's revenue compounded faster (16.5% CAGR vs 5.5%).

Vertiv is an American multinational provider of critical infrastructure and services for data centers, communication networks, and commercial and industrial environments.

William Robert Berkley is the founder and current chairman of W. R. Berkley Corporation and the chairman of the New York University Board of Trustees.

VRT vs WRB — Head-to-Head

Bigger by revenue
WRB
WRB
1.4× larger
WRB
$3.7B
$2.6B
VRT
Growing faster (revenue YoY)
VRT
VRT
+26.1% gap
VRT
30.1%
4.0%
WRB
Higher net margin
VRT
VRT
0.8% more per $
VRT
14.7%
14.0%
WRB
Faster 2-yr revenue CAGR
VRT
VRT
Annualised
VRT
16.5%
5.5%
WRB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
VRT
VRT
WRB
WRB
Revenue
$2.6B
$3.7B
Net Profit
$390.1M
$515.2M
Gross Margin
37.7%
Operating Margin
Net Margin
14.7%
14.0%
Revenue YoY
30.1%
4.0%
Net Profit YoY
137.1%
23.4%
EPS (diluted)
$0.99
$1.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
VRT
VRT
WRB
WRB
Q1 26
$2.6B
$3.7B
Q4 25
$2.9B
$3.7B
Q3 25
$2.7B
$3.8B
Q2 25
$2.6B
$3.7B
Q1 25
$2.0B
$3.5B
Q4 24
$2.3B
$3.7B
Q3 24
$2.1B
$3.4B
Q2 24
$2.0B
$3.3B
Net Profit
VRT
VRT
WRB
WRB
Q1 26
$390.1M
$515.2M
Q4 25
$445.6M
$449.5M
Q3 25
$398.5M
$511.0M
Q2 25
$324.2M
$401.3M
Q1 25
$164.5M
$417.6M
Q4 24
$147.0M
$576.1M
Q3 24
$176.6M
$365.6M
Q2 24
$178.1M
$371.9M
Gross Margin
VRT
VRT
WRB
WRB
Q1 26
37.7%
Q4 25
38.9%
Q3 25
37.8%
Q2 25
34.0%
Q1 25
33.7%
Q4 24
37.1%
Q3 24
36.5%
Q2 24
38.0%
Operating Margin
VRT
VRT
WRB
WRB
Q1 26
Q4 25
20.1%
15.4%
Q3 25
19.3%
17.2%
Q2 25
16.8%
14.2%
Q1 25
14.3%
15.2%
Q4 24
19.5%
19.9%
Q3 24
17.9%
14.0%
Q2 24
17.2%
14.7%
Net Margin
VRT
VRT
WRB
WRB
Q1 26
14.7%
14.0%
Q4 25
15.5%
12.1%
Q3 25
14.9%
13.6%
Q2 25
12.3%
10.9%
Q1 25
8.1%
11.8%
Q4 24
6.3%
15.7%
Q3 24
8.5%
10.8%
Q2 24
9.1%
11.2%
EPS (diluted)
VRT
VRT
WRB
WRB
Q1 26
$0.99
$1.31
Q4 25
$1.14
$1.13
Q3 25
$1.02
$1.28
Q2 25
$0.83
$1.00
Q1 25
$0.42
$1.04
Q4 24
$0.38
$0.89
Q3 24
$0.46
$0.91
Q2 24
$0.46
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
VRT
VRT
WRB
WRB
Cash + ST InvestmentsLiquidity on hand
$2.5B
$2.1B
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$4.2B
Total Assets
$13.4B
$44.3B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
VRT
VRT
WRB
WRB
Q1 26
$2.5B
$2.1B
Q4 25
$1.7B
$2.5B
Q3 25
$1.4B
$2.4B
Q2 25
$1.6B
$2.0B
Q1 25
$1.5B
$1.7B
Q4 24
$1.2B
$2.0B
Q3 24
$908.7M
$1.6B
Q2 24
$579.7M
$1.6B
Total Debt
VRT
VRT
WRB
WRB
Q1 26
$0
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
VRT
VRT
WRB
WRB
Q1 26
$4.2B
Q4 25
$3.9B
$9.7B
Q3 25
$3.5B
$9.8B
Q2 25
$3.1B
$9.3B
Q1 25
$2.7B
$8.9B
Q4 24
$2.4B
$8.4B
Q3 24
$1.8B
$8.4B
Q2 24
$1.5B
$7.8B
Total Assets
VRT
VRT
WRB
WRB
Q1 26
$13.4B
$44.3B
Q4 25
$12.2B
$44.1B
Q3 25
$10.8B
$43.7B
Q2 25
$10.4B
$42.7B
Q1 25
$9.5B
$41.3B
Q4 24
$9.1B
$40.6B
Q3 24
$8.9B
$40.4B
Q2 24
$8.1B
$38.9B
Debt / Equity
VRT
VRT
WRB
WRB
Q1 26
0.00×
Q4 25
0.74×
Q3 25
0.83×
Q2 25
0.93×
Q1 25
1.10×
Q4 24
1.20×
Q3 24
1.62×
Q2 24
1.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
VRT
VRT
WRB
WRB
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$652.8M
FCF MarginFCF / Revenue
24.6%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
VRT
VRT
WRB
WRB
Q1 26
Q4 25
$978.9M
$995.1M
Q3 25
$508.7M
$1.1B
Q2 25
$322.9M
$703.8M
Q1 25
$303.3M
$743.8M
Q4 24
$425.2M
$810.0M
Q3 24
$378.2M
$1.2B
Q2 24
$378.4M
$881.3M
Free Cash Flow
VRT
VRT
WRB
WRB
Q1 26
$652.8M
Q4 25
$885.6M
Q3 25
$463.5M
Q2 25
$277.9M
Q1 25
$266.8M
Q4 24
$364.5M
Q3 24
$341.8M
Q2 24
$344.3M
FCF Margin
VRT
VRT
WRB
WRB
Q1 26
24.6%
Q4 25
30.8%
Q3 25
17.3%
Q2 25
10.5%
Q1 25
13.1%
Q4 24
15.5%
Q3 24
16.5%
Q2 24
17.6%
Capex Intensity
VRT
VRT
WRB
WRB
Q1 26
4.2%
Q4 25
3.2%
Q3 25
1.7%
Q2 25
1.7%
Q1 25
1.8%
Q4 24
2.6%
Q3 24
1.8%
Q2 24
1.7%
Cash Conversion
VRT
VRT
WRB
WRB
Q1 26
Q4 25
2.20×
2.21×
Q3 25
1.28×
2.23×
Q2 25
1.00×
1.75×
Q1 25
1.84×
1.78×
Q4 24
2.89×
1.41×
Q3 24
2.14×
3.39×
Q2 24
2.12×
2.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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