---
title: "Vertiv: Competitors & Industry Structure"
description: "Vertiv compared with companies that share its SEC industry classification: revenue, growth and margins from SEC filings, and how the peer group is chosen."
canonical: https://www.getswoopr.com/stocks/companies/vertiv/competitors/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Vertiv: Competitors & Industry Structure

## Direct Answer

SEC EDGAR classifies Vertiv under SIC code 3679 (Electronic Components, NEC). Among Swoopr's S&P 500 Equal Weight companies, 8 others share that classification; by latest reported revenue, Vertiv ranks 1 of 9. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.

## How Does Vertiv Compare With Its Peers?

| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
| --- | --- | --- | --- | --- |
| **Vertiv (VRT)** | $10.2 billion FY2025 | 27.7% | 17.9% | 13.0% |
| [Advanced Energy Industries Inc. (AEIS)](https://www.getswoopr.com/stocks/companies/advanced-energy-industries-inc/) | $1.8 billion FY2025 | 21.4% | 9.3% | 8.2% |
| [Varex Imaging Corporation (VREX)](https://www.getswoopr.com/stocks/companies/varex-imaging-corporation/) | $845 million FY2025 | 4.1% | -3.3% | -8.3% |
| [Vicor Corporation (VICR)](https://www.getswoopr.com/stocks/companies/vicor-corporation/) | $453 million FY2025 | 26.1% | 18.1% | 26.2% |
| [M-tron Industries Inc. (MPTI)](https://www.getswoopr.com/stocks/companies/m-tron-industries-inc/) | $54 million FY2025 | 11.0% | 18.9% | 15.5% |
| [Espey Mfg. & Electronics Corp. (ESP)](https://www.getswoopr.com/stocks/companies/espey-mfg-and-electronics-corp/) | $44 million FY2025 | 13.5% | 18.5% | 18.5% |
| [Nortech Systems Incorporated (NSYS)](https://www.getswoopr.com/stocks/companies/nortech-systems-incorporated/) | $12 million FY2025 | -15.0% | 8.0% | -2.1% |
| [LGL Group Inc. (The) (LGL)](https://www.getswoopr.com/stocks/companies/lgl-group-inc-the/) | $4 million FY2025 | -2.9% | 6.0% | 16.5% |
| [MicroVision Inc. (MVIS)](https://www.getswoopr.com/stocks/companies/microvision-inc/) | $1 million FY2025 | -74.3% | -6856.6% | -7862.7% |

Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.

![Bar chart of operating margin for Vertiv and 7 peers: Vertiv (VRT) 17.9%, Advanced Energy Industries Inc. (AEIS) 9.3%, Varex Imaging Corporation (VREX) -3.3%, Vicor Corporation (VICR) 18.1%, M-tron Industries Inc. (MPTI) 18.9%, Espey Mfg. & Electronics Corp. (ESP) 18.5%, Nortech Systems Incorporated (NSYS) 8.0%, LGL Group Inc. (The) (LGL) 6.0%.](https://www.getswoopr.com/images/charts/vertiv-competitors-peer-margins.webp)
*Operating margin of Vertiv against companies sharing its SEC industry classification, from the table above. Select the chart to open it full size.*

## How Does Vertiv Rank Among All SEC Filers in Its Industry Code?

9 companies with annual reports in Swoopr's SEC dataset share SIC code 3679 (Electronic Components, NEC), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.

| Measure | Vertiv | Median of filers | Rank |
| --- | --- | --- | --- |
| Revenue | $10.2 billion | $54 million | 1 of 9 |
| Revenue growth | 27.7% | 11.0% | 1 of 9 |
| Operating margin | 17.9% | 9.3% | 4 of 9 |
| Net margin | 13.0% | 13.0% | 5 of 9 |

A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.

## Where These Numbers Come From

Every figure on this page is a value Vertiv reported in its own SEC filings, read from the SEC's XBRL data (accession 0001674101-26-000008 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

## Frequently Asked Questions

### Who are Vertiv's competitors?

Companies sharing Vertiv's SEC classification (SIC code 3679 (Electronic Components, NEC)) include Advanced Energy Industries Inc. (AEIS), Varex Imaging Corporation (VREX), Vicor Corporation (VICR), M-tron Industries Inc. (MPTI), Espey Mfg. & Electronics Corp. (ESP). Its 10-K names the competitors it considers most relevant.

### How does Vertiv compare with its peers on margins?

Vertiv's fiscal 2025 operating margin was 17.9%, against a peer median of 8.7%.

### How are these peers chosen?

By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.

### How does Vertiv rank among all companies in its SEC industry?

Among 9 SEC filers under SIC code 3679, Vertiv ranks 1 by latest revenue, and 4 of 9 by operating margin (17.9% against a median of 9.3%).

## References

- [SEC EDGAR: Vertiv Holdings Co Form 10-K filed February 13, 2026](https://www.sec.gov/Archives/edgar/data/1674101/000167410126000008/vrt-20251231.htm)
- [SEC EDGAR: Vertiv Holdings Co annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1674101&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)

## Related Pages

- [Vertiv company dossier](https://www.getswoopr.com/stocks/companies/vertiv/)
- [Vertiv financial metrics](https://www.getswoopr.com/stocks/companies/vertiv/metrics/)
- [Vertiv financial risk indicators](https://www.getswoopr.com/stocks/companies/vertiv/risks/)
- [Vertiv peer comparison](https://www.getswoopr.com/stocks/companies/vertiv/competitors/)
- [Vertiv business model and revenue mix](https://www.getswoopr.com/stocks/companies/vertiv/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**

Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).
