Vertiv(US:VRT)2025-10-22 15:00Q3 2025 Performance Highlights - Adjusted diluted earnings per share (EPS) for Q3 2025 increased by approximately 63% compared to Q3 2024, primarily driven by higher adjusted operating profit resulting from a 28% increase in organic net sales and benefits from lower income taxes[6] - Organic net sales in Q3 2025 increased by 28% compared to Q3 2024, driven by strong performance in the Americas (up 43%) and APAC (up 21%), while EMEA experienced a 4% decline[6] - The book-to-bill ratio for Q3 2025 was approximately 1.4x, with trailing twelve-month (TTM) organic orders growth of approximately 21%[7] - Adjusted operating margin for Q3 2025 reached 22.3%, exceeding both guidance and the prior year's figures, contributing to an adjusted operating profit of $596 million, a 43% increase from the previous year's quarter[7] Full Year 2025 Guidance - The company raised its full-year adjusted free cash flow guidance to $1,500 million[8] - The company raised its full-year adjusted diluted EPS guidance to $4.10, a 44% increase from 2024, and adjusted operating profit guidance to $2,060 million, a 33% increase from 2024, primarily driven by a $2.2 billion increase in projected net sales, a 27% increase from 2024[9] - The company expects full-year 2025 adjusted operating margin to be approximately 20.2%, about 80 bps higher than full-year 2024[9] Orders and Backlog - Strong backlog at the end of the third quarter of $9.5 billion, up approximately $2.2 billion or approximately 30% versus the same prior year period and up 12% versus the end of the second quarter 2025[15] - Third quarter orders up approximately 60% from third quarter 2024 and up approximately 20% sequentially[15] Regional Performance - Americas net sales increased by 42.9% to $1,712.4 million in Q3 2025 from $1,198.6 million in Q3 2024, with organic growth of 43%[46] - APAC net sales increased by 20.2% to $519.8 million in Q3 2025 from $432.4 million in Q3 2024, with organic growth of 21.3%[46] - EMEA net sales increased by 0.2% to $443.6 million in Q3 2025 from $442.5 million in Q3 2024, but experienced a 4% decline in organic net sales[46]