Vertex, Inc. (VERX) Financial Ratios
8 years of historical data (2018–2025) · Technology · Software - Application
EV/EBITDA
↓
20.71
↓-66% vs avg
5yr avg: 61.37
30Y Low40.6·High98.6
P/FCF
↑
25.96
↓-91% vs avg
5yr avg: 297.93
30Y Low50.0·High171.4
P/B Ratio
↑
7.74
↓-60% vs avg
5yr avg: 19.17
30Y Low9.5·High46.1
ROE
↑
3.3%
↓+151% vs avg
5yr avg: -6.5%
30Y Low-128%·High3%
Debt/EBITDA
↑
4.04
↑+76% vs avg
5yr avg: 2.29
30Y Low0.7·High4.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
VERX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Vertex, Inc. trades at 278.0x earnings, 44% below its 5-year average of 499.2x, sitting at the 50th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 858%. On a free-cash-flow basis, the stock trades at 26.0x P/FCF, 91% below the 5-year average of 297.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.8B | $3.6B | $8.3B | $4.1B | $2.2B | $2.3B | $4.6B | — | — |
| Enterprise Value | $1.8B | $3.6B | $8.3B | $4.1B | $2.2B | $2.3B | $4.3B | — | — |
| P/E Ratio → | 278.00 | 499.25 | — | — | — | — | — | — | — |
| P/S Ratio | 2.40 | 4.81 | 12.41 | 7.15 | 4.42 | 5.51 | 12.23 | — | — |
| P/B Ratio | 7.74 | 13.90 | 46.13 | 16.17 | 9.45 | 10.19 | 19.98 | — | — |
| P/FCF | 25.96 | 51.94 | 83.53 | 670.78 | 633.42 | 49.98 | 171.41 | — | — |
| P/OCF | 10.87 | 21.75 | 50.20 | 55.04 | 34.01 | 25.98 | 76.97 | — | — |
P/E links to full P/E history page with 30-year chart
VERX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Vertex, Inc.'s enterprise value stands at 20.7x EBITDA, 66% below its 5-year average of 61.4x. The Technology sector median is 16.7x, placing the stock at a 24% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.87 | 12.49 | 7.15 | 4.38 | 5.41 | 11.43 | — | — |
| EV / EBITDA | 20.71 | 40.92 | 98.56 | 71.81 | 40.57 | 54.98 | — | — | — |
| EV / EBIT | — | 481.03 | 545.42 | — | — | — | — | — | — |
| EV / FCF | — | 52.60 | 84.09 | 670.58 | 628.08 | 49.03 | 160.12 | — | — |
VERX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Vertex, Inc. earns an operating margin of -1.0%. Operating margins have expanded from -3.1% to -1.0% over the past 3 years, signaling improving operational efficiency. ROE of 3.3% is modest.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 60.7% | 60.7% | 63.9% | 60.9% | 60.7% | 62.0% | 55.9% | 65.7% | 64.9% |
| Operating Margin | -1.0% | -1.0% | -0.3% | -3.1% | -1.6% | -0.7% | -28.0% | 9.9% | -1.0% |
| Net Profit Margin | 1.0% | 1.0% | -7.9% | -2.3% | -2.5% | -0.3% | -20.0% | 9.7% | -2.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.3% | 3.3% | -24.4% | -5.4% | -5.4% | -0.6% | -128.4% | — | — |
| ROA | 0.6% | 0.6% | -5.5% | -1.8% | -1.8% | -0.2% | -18.2% | 12.9% | -2.8% |
| ROIC | -2.2% | -2.2% | -0.7% | -5.7% | -3.1% | -3.9% | — | — | — |
| ROCE | -1.2% | -1.2% | -0.5% | -5.5% | -2.6% | -1.0% | -106.4% | — | — |
VERX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Vertex, Inc. carries a Debt/EBITDA ratio of 4.0x, which is highly leveraged (37% above the sector average of 2.9x). Net debt stands at $46M ($360M total debt minus $314M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.39 | 1.39 | 1.96 | 0.26 | 0.32 | 0.12 | 0.00 | — | — |
| Debt / EBITDA | 4.04 | 4.04 | 4.16 | 1.18 | 1.39 | 0.68 | — | 0.90 | 2.49 |
| Net Debt / Equity | — | 0.18 | 0.31 | -0.00 | -0.08 | -0.19 | -1.32 | — | — |
| Net Debt / EBITDA | 0.51 | 0.51 | 0.66 | -0.02 | -0.34 | -1.07 | — | -0.43 | -0.04 |
| Debt / FCF | — | 0.66 | 0.56 | -0.20 | -5.33 | -0.95 | -11.29 | -0.44 | -0.02 |
| Interest Coverage | — | — | — | -4.21 | -3.95 | -2.99 | -33.67 | 15.65 | -1.34 |
VERX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.98x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.60x to 0.98x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.98 | 0.98 | 1.00 | 0.60 | 0.60 | 0.53 | 1.38 | 0.49 | 0.55 |
| Quick Ratio | 0.98 | 0.98 | 1.00 | 0.60 | 0.60 | 0.53 | 1.38 | 0.49 | 0.55 |
| Cash Ratio | 0.55 | 0.55 | 0.57 | 0.18 | 0.26 | 0.20 | 1.04 | 0.23 | 0.23 |
| Asset Turnover | — | 0.59 | 0.57 | 0.75 | 0.68 | 0.63 | 0.67 | 1.21 | 1.27 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 89.46 | 90.01 | 90.39 | 76.39 | 65.98 | 75.17 | 79.89 | 83.39 |
VERX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Vertex, Inc. returns 0.6% to shareholders annually primarily through share buybacks. The earnings yield of 0.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | 0.0% | 0.1% | 3.2% | — | — |
| Payout Ratio | — | — | — | — | — | — | — | 92.0% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.4% | 0.2% | — | — | — | — | — | — | — |
| FCF Yield | 3.9% | 1.9% | 1.2% | 0.1% | 0.2% | 2.0% | 0.6% | — | — |
| Buyback Yield | 0.6% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.6% | 0.3% | 0.0% | 0.0% | 0.0% | 0.1% | 3.2% | — | — |
| Shares Outstanding | — | $180M | $155M | $152M | $150M | $148M | $132M | $146M | $130M |
Peer Comparison
Compare VERX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 VERXYou | $2B | 278.0 | 20.7 | 26.0 | 60.7% | -1.0% | 3.3% | -2.2% | 4.0 |
 HYFM | $4M | -0.0 | — | — | 1.6% | -29.4% | -361.3% | -12.9% | — |
 RYAN | $5B | 74.4 | 8.7 | 7.9 | 90.6% | 20.5% | 5.4% | 10.8% | 3.9 |
 INTU | $73B | 19.5 | 13.4 | 12.0 | 80.8% | 26.1% | 20.3% | 16.5% | 1.2 |
 ADP | $88B | 21.9 | 15.9 | 18.4 | 50.8% | 26.3% | 76.0% | 47.1% | 1.5 |
 PCTY | $5B | 25.1 | 13.0 | 15.8 | 68.8% | 19.1% | 20.0% | 26.2% | 0.5 |
 PAYC | $7B | 15.5 | 8.9 | 16.7 | 78.6% | 27.6% | 27.4% | 30.7% | 0.2 |
 SAP | $181B | 22.6 | 14.1 | 19.9 | 73.8% | 26.7% | 15.5% | 16.0% | 0.7 |
 ORCL | $530B | 31.6 | 22.8 | — | 65.2% | 30.8% | 53.4% | 11.0% | 5.4 |
 MSFT | $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
 CRM | $124B | 19.5 | 10.7 | 8.6 | 77.7% | 21.5% | 12.4% | 10.1% | 1.4 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 8 years · Updated daily
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VERX — Frequently Asked Questions
Quick answers to the most common questions about buying VERX stock.
What is Vertex, Inc.'s P/E ratio?
Vertex, Inc.'s current P/E ratio is 278.0x. This places it at the 50th percentile of its historical range.
What is Vertex, Inc.'s EV/EBITDA?
Vertex, Inc.'s current EV/EBITDA is 20.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 61.4x.
What is Vertex, Inc.'s ROE?
Vertex, Inc.'s return on equity (ROE) is 3.3%. The historical average is -26.8%.
Is VERX stock overvalued?
Based on historical data, Vertex, Inc. is trading at a P/E of 278.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Vertex, Inc.'s profit margins?
Vertex, Inc. has 60.7% gross margin and -1.0% operating margin.
How much debt does Vertex, Inc. have?
Vertex, Inc.'s Debt/EBITDA ratio is 4.0x, indicating high leverage. A ratio above 4x may signal elevated financial risk.