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Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay versus Performance
As required by Item 402(v) of Regulation
S-K,
we are providing the following information regarding the relationship between executive compensation and our financial performance for each of the last four completed calendar years. In determining the “compensation actually paid” (“
CAP
”) to our NEOs, we are required to make various adjustments to amounts that have been previously reported in the Summary Compensation Table in previous years, as the SEC’s valuation methods for this section differ from those required in the Summary Compensation Table.
 
Year
  
Summary
Compensation
Total for
PEO($)
(1)
    
Compensation
Actually Paid
to PEO($)
(2)
    
Average
Summary
Compensation
Table Total for
Non-PEO

NEOs($)
(1)
    
Average
Compensation
Actually Paid
to
Non-PEO

NEOs($)
(2)
    
Value of Initial Fixed $100
Investment Based On:
    
Net
Income($)
(4)
    
Adjusted
Operating
Profit($)
(4)
  
 
Total
Shareholder
Return($)
(3)
    
Peer Group
Total
Shareholder
Return($)
(3)
  
2024
     12,276,743       103,652,963       2,244,615       19,771,553       1,033.5       194.9       495.8M       1,551.6M  
2023
     6,183,174       49,586,394       2,973,889       16,527,970       436.4       156.5       460.2M       1,053.5M  
2022
     8,033,521       (6,564,566 )      6,546,724       4,820,353       124.1       123.7       76.6M       439.2M  
2021
     5,180,837       13,610,394       1,798,692       4,039,817       226.6       153.0       119.6M       471M  
2020
     19,627,189       23,693,454       4,876,038       6,048,310       169.4       121.0       (327.3)M       342.2M  
 
(1)
The dollar amounts reported in these columns are, respectively, (y) the amounts of total compensation reported for our Principal Executive Officer (“
PEO
”) and (y) the average of the amounts reported for the Company’s
non-PEO
named executive officers (“
Non-PEO
NEOs
”) as a group, in each case as set forth in the “Total” column of the Summary Compensation Table for each applicable year. Our PEO was Mr. Albertazzi for 2024 and 2023 and Rob Johnson for each of 2022, 2021 and 2020. For purposes of calculating the average amounts in each applicable year, the names of each of
the Non-PEO NEOs
are as follows: Giordano Albertazzi (2022), David Fallon (2024, 2023, 2022, 2021, 2020), Stephen Liang (2023, 2022, 2021, 2020), Anand Sanghi (2024, 2023), Anders Karlborg (2024, 2023), Phil Doherty (2022), Stephanie Gill (2024, 2021), Jason Forcier (2021, 2020) and John Hewitt (2020).
(2)
The dollar amounts reported in these columns represent the amount of “compensation actually paid” in the applicable fiscal year, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments set forth below were made to the total compensation for each year to determine the compensation actually paid. Adjusted fair values have been determined using, as applicable, updated stock price and assumptions (i.e., term, volatility, dividend yield, risk free rates) as of the measurement date.
 
 Fiscal Year 2024
   
PEO($)
     
Non-PEO

NEOs($)
  
Total from Summary Compensation Table
      12,276,743        2,244,615  
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
      8,211,000        901,233  
+ Fair Value at
Fiscal Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year (Including Dividend Equivalents)
      18,944,250        2,080,283  
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
      50,005,676        11,805,009  
- Fair Value at Prior
Fiscal Year-End of
Stock and Option Awards Forfeited during the Covered Year
      —        —  
+ Fair Value at Vesting Date of Option Awards and Stock Awards Grants and Vested During the Fiscal Year
      958        572  
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      14,214,336        2,739,841  
Compensation Actually Paid
      103,652,963        19,771,553  
 
(3)
Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Peer group TSR shown in the table was based on the index we use for purposes of Item 201(e)(1)(ii) of Regulation
S-K.
If we used the Compensation Peer Group (with the list of companies provided in the “
Compensation Discussion and Analysis
” above), the peer group weighted TSR for the measurement periods shown in the table would have been 192.5, 167.1, 137.2, 171.7 and 120.8 at the end of 2024, 2023, 2022, 2021 and 2020, respectively. As described in the “Compensation Discussion and Analysis” above, the Compensation Committee made changes to its compensation peer group for 2024 given Vertiv’s sustained growth over the last several years. The results for the prior peer group would have been 177.2, 160.7, 131.8, 153.9 and 115.3 at the end of 2024, 2023, 2022, 2021 and 2020, respectively.
(4)
Dollar amounts reported represent (i) the amount of net income reflected in the Company’s audited financial statements for the applicable year and (ii) the amount of adjusted operating profit (
“AOP
”), which is
a non-GAAP measure
we used under the VIP for 2024. For an explanation and reconciliation of AOP, please see Annex A.
       
Company Selected Measure Name adjusted operating profit (“AOP”)        
Peer Group Issuers, Footnote Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. Peer group TSR shown in the table was based on the index we use for purposes of Item 201(e)(1)(ii) of Regulation
S-K.
If we used the Compensation Peer Group (with the list of companies provided in the “
Compensation Discussion and Analysis
” above), the peer group weighted TSR for the measurement periods shown in the table would have been 192.5, 167.1, 137.2, 171.7 and 120.8 at the end of 2024, 2023, 2022, 2021 and 2020, respectively. As described in the “Compensation Discussion and Analysis” above, the Compensation Committee made changes to its compensation peer group for 2024 given Vertiv’s sustained growth over the last several years. The results for the prior peer group would have been 177.2, 160.7, 131.8, 153.9 and 115.3 at the end of 2024, 2023, 2022, 2021 and 2020, respectively. 		       
PEO Total Compensation Amount $ 12,276,743 $ 6,183,174 $ 8,033,521 $ 5,180,837 $ 19,627,189
PEO Actually Paid Compensation Amount $ 103,652,963 49,586,394 (6,564,566) 13,610,394 23,693,454
Adjustment To PEO Compensation, Footnote
(2)
The dollar amounts reported in these columns represent the amount of “compensation actually paid” in the applicable fiscal year, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments set forth below were made to the total compensation for each year to determine the compensation actually paid. Adjusted fair values have been determined using, as applicable, updated stock price and assumptions (i.e., term, volatility, dividend yield, risk free rates) as of the measurement date.
 
 Fiscal Year 2024
   
PEO($)
     
Non-PEO

NEOs($)
  
Total from Summary Compensation Table
      12,276,743        2,244,615  
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
      8,211,000        901,233  
+ Fair Value at
Fiscal Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year (Including Dividend Equivalents)
      18,944,250        2,080,283  
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
      50,005,676        11,805,009  
- Fair Value at Prior
Fiscal Year-End of
Stock and Option Awards Forfeited during the Covered Year
      —        —  
+ Fair Value at Vesting Date of Option Awards and Stock Awards Grants and Vested During the Fiscal Year
      958        572  
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      14,214,336        2,739,841  
Compensation Actually Paid
      103,652,963        19,771,553  
        
Non-PEO NEO Average Total Compensation Amount $ 2,244,615 2,973,889 6,546,724 1,798,692 4,876,038
Non-PEO NEO Average Compensation Actually Paid Amount $ 19,771,553 16,527,970 4,820,353 4,039,817 6,048,310
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The dollar amounts reported in these columns represent the amount of “compensation actually paid” in the applicable fiscal year, as computed in accordance with Item 402(v) of Regulation
S-K.
The dollar amounts do not reflect the actual amount of compensation earned by or paid during the applicable year. In accordance with the requirements of Item 402(v) of Regulation
S-K,
the adjustments set forth below were made to the total compensation for each year to determine the compensation actually paid. Adjusted fair values have been determined using, as applicable, updated stock price and assumptions (i.e., term, volatility, dividend yield, risk free rates) as of the measurement date.
 
 Fiscal Year 2024
   
PEO($)
     
Non-PEO

NEOs($)
  
Total from Summary Compensation Table
      12,276,743        2,244,615  
- Amount reported in the Summary Compensation Table for Stock Awards and Option Awards
      8,211,000        901,233  
+ Fair Value at
Fiscal Year-End
of Outstanding and Unvested Option Awards and Stock Awards Granted in Fiscal Year (Including Dividend Equivalents)
      18,944,250        2,080,283  
+ Change in Fair Value of Outstanding and Unvested Option Awards and Stock Awards Granted in Prior Fiscal Years (Including Modifications)
      50,005,676        11,805,009  
- Fair Value at Prior
Fiscal Year-End of
Stock and Option Awards Forfeited during the Covered Year
      —        —  
+ Fair Value at Vesting Date of Option Awards and Stock Awards Grants and Vested During the Fiscal Year
      958        572  
+ Change in Fair Value as of Vesting Date of Option Awards and Stock Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year
      14,214,336        2,739,841  
Compensation Actually Paid
      103,652,963        19,771,553  
        
Compensation Actually Paid vs. Total Shareholder Return
LOGO
 
        
Compensation Actually Paid vs. Net Income
LOGO
 
        
Compensation Actually Paid vs. Company Selected Measure
LOGO
       
Total Shareholder Return Vs Peer Group
LOGO
 
        
Tabular List, Table
Performance Measures.
Listed below are the financial
and non-financial performance
measures which in our assessment represent the most important financial performance measures we use to link compensation actually paid to our named executive officers, for 2024, to Company performance.
 
Measure
  
How We Used the Measure
Adjusted Operating Profit (AOP)
   Metric in VIP and Strategic Performance Awards
Adjusted Free Cash Flow
   Metric in VIP
Stock Price
   Used to determine exercise price of stock options and ultimate realized value of all equity awards
        
Total Shareholder Return Amount $ 1,033.5 436.4 124.1 226.6 169.4
Peer Group Total Shareholder Return Amount 194.9 156.5 123.7 153 121
Net Income (Loss) $ 495,800,000 $ 460,200,000 $ 76,600,000 $ 119,600,000 $ (327,300,000)
Company Selected Measure Amount 1,551,600,000 1,053,500,000 439,200,000 471,000,000 342,200,000
PEO Name Mr. Albertazzi Mr. Albertazzi Rob Johnson Rob Johnson Rob Johnson
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Operating Profit (AOP)        
Non-GAAP Measure Description Dollar amounts reported represent (i) the amount of net income reflected in the Company’s audited financial statements for the applicable year and (ii) the amount of adjusted operating profit (
“AOP
”), which is
a non-GAAP measure
we used under the VIP for 2024. For an explanation and reconciliation of AOP, please see Annex A. 		       
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Free Cash Flow        
Measure:: 3          
Pay vs Performance Disclosure          
Name Stock Price        
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 8,211,000        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 18,944,250        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 50,005,676        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 958        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 14,214,336        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 901,233        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,080,283        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 11,805,009        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 572        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 2,739,841        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0