Saturday 17 October 2026
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Vertex, Inc.
VERX Technology Software Application
Vertex, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $748.4 million, up 12.2% from fiscal 2024. In the quarter to June 2026, revenue grew 10.5%, EPS grew 1,100.0%, free cash flow fell 86.1% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
13.37
0.29
−2.12%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | |
|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
6 | 4 | 7 | 4 | 5 | — | — | — | — |
P/E ratio |
369.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Altman Z-Score |
2.41 | 5.53 | 5.24 | 3.07 | 3.56 | 8.70 | — | — | — |
P/S ratio |
4.24 | 12.43 | 7.11 | 4.45 | 5.51 | 12.23 | 8.27 | 8.27 | — |
Altman Z″-Score (non-manufacturers) |
0.09 | 0.02 | (1.14) | (0.99) | (1.06) | 0.92 | (4.84) | — | — |
P/FCF ratio |
66.69 | 106.63 | 667.29 | 637.78 | 49.98 | 171.41 | 69.70 | 69.70 | — |
Beneish M-Score |
(2.95) | (3.35) | (2.73) | (2.78) | (2.25) | (3.31) | — | — | — |
P/Operating CF |
75.09 | 201.44 | 85.44 | 54.32 | 62.34 | 116.03 | 106.16 | 106.16 | — |
P/B ratio |
12.26 | 46.20 | 16.09 | 9.52 | 10.19 | 19.98 | 0.00 | 0.00 | — |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.76 | 0.00 | 0.00 | — |
EV/Sales |
4.28 | 12.48 | 7.06 | 4.34 | 5.35 | 11.43 | 8.63 | 8.63 | — |
EV/EBITDA |
30.27 | 96.12 | 70.59 | 39.99 | 54.13 | 0.00 | 0.00 | 0.00 | — |
EV/Operating CF |
19.33 | 50.47 | 54.33 | 33.40 | 25.21 | 71.90 | 37.45 | 37.45 | — |
EV/FCF |
67.24 | 107.05 | 662.19 | 622.01 | 48.51 | 160.12 | 72.76 | 72.76 | — |
Quick Ratio |
0.87 | 0.87 | 0.50 | 0.51 | 0.41 | 1.30 | 0.44 | 0.49 | — |
Current Ratio |
0.98 | 1.00 | 0.60 | 0.60 | 0.53 | 1.38 | 0.49 | 0.55 | — |
Net Debt/EBITDA |
0.22 | 0.35 | (0.54) | (1.01) | (1.64) | 4.18 | (0.43) | (0.04) | — |
Debt/Assets |
26.56% | 28.73% | 6.13% | 6.80% | 0.64% | 0.20% | 19.46% | 0.00% | 0.00% |
Debt/Equity |
1.30 | 1.87 | 0.18 | 0.21 | 0.02 | 0.00 | (0.40) | 0.00 | — |
Asset Turnover |
0.61 | 0.69 | 0.77 | 0.71 | 0.69 | 0.91 | 2.43 | 0.00 | — |
Operating CF/Net income |
22.96 | (3.13) | (5.68) | (5.19) | (61.05) | (0.79) | 2.98 | (13.18) | — |
Capex/Depreciation |
(1.14) | (0.98) | (0.91) | (0.98) | (0.96) | (1.01) | (1.48) | (1.32) | — |
Interest Coverage |
(0.44) | 0.54 | (4.21) | (3.95) | (2.99) | (33.67) | 33.43 | (1.78) | — |
| 3.29% | (24.39%) | (5.42%) | (5.35%) | (0.64%) | (150.82%) | (24.26%) | 4.77% | — | |
| 0.59% | (5.47%) | (1.77%) | (1.77%) | (0.24%) | (18.24%) | 23.47% | 0.00% | — | |
ROIC |
0.52% | (0.67%) | (4.93%) | (2.88%) | (1.14%) | 0.00% | 0.00% | 0.00% | — |
Return on Tangible Assets |
3.68% | (29.87%) | 17.83% | 20.86% | 1.97% | (44.88%) | (27.18%) | 10.72% | — |
Average Days of Receivables |
89.46 | 90.01 | 90.39 | 76.39 | 65.98 | 75.17 | 79.89 | 83.39 | — |
Research and Development Expense of Revenue |
11.19% | 10.00% | 10.17% | 8.52% | 10.34% | 14.50% | 9.50% | 8.72% | — |
Selling, General and Administrative Expense of Revenue |
50.13% | 48.50% | 50.00% | 50.24% | 48.41% | 66.32% | 43.28% | 42.53% | — |
Intangible Assets out of Total Assets |
0.31 | 0.31 | 0.34 | 0.36 | 0.41 | 0.03 | 0.12 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
7.72% | 7.11% | 5.93% | 4.01% | 6.15% | 39.48% | 2.94% | 1.88% | — |
Graham Net Nets |
(0.14) | (0.05) | (0.06) | (0.11) | (0.10) | 0.02 | (0.16) | (0.16) | — |
Graham Number |
1.41 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Earnings Yield |
0.27% | (0.62%) | (0.34%) | (0.61%) | (0.08%) | (1.81%) | (1.47%) | (1.47%) | — |
Free Cash Flow Yield |
1.50% | 0.94% | 0.15% | 0.16% | 2.00% | 0.58% | 1.43% | 1.43% | — |
Revenue per Share |
4.71 | 4.29 | 3.77 | 3.29 | 2.88 | 2.85 | 2.67 | 2.26 | — |
Operating CF per Share |
1.04 | 1.06 | 0.49 | 0.43 | 0.61 | 0.45 | 0.77 | 0.67 | — |
Capex per Share |
(0.74) | (0.56) | (0.45) | (0.40) | (0.29) | (0.25) | (0.31) | (0.28) | — |
Free Cash Flow per Share |
0.30 | 0.50 | 0.04 | 0.02 | 0.32 | 0.20 | 0.46 | 0.39 | — |
Cash per Share |
1.98 | 1.97 | 0.51 | 0.69 | 0.50 | 2.30 | 0.63 | 0.46 | — |
Shareholders Equity per Share |
1.63 | 1.15 | 1.67 | 1.54 | 1.56 | 1.74 | (1.08) | 0.00 | — |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Book value per Share |
1.63 | 1.15 | 1.67 | 1.54 | 1.56 | 1.74 | (1.08) | 0.00 | — |
Free Cash Flow |
47.59 | 77.71 | 6.10 | 3.43 | 46.92 | 26.74 | 54.94 | 47.14 | — |
Working Capital |
(13.96) | (1.04) | (174.16) | (160.06) | (173.46) | 110.72 | (168.97) | (106.43) | — |
Capital Expenditures |
(117.95) | (87.11) | (68.23) | (60.42) | (43.37) | (32.80) | (37.56) | (33.31) | — |
Net Current Asset Value |
(451.21) | (451.11) | (240.32) | (246.32) | (244.45) | 73.25 | (228.84) | 132.32 | — |
EV/EBIT |
1,372.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Capex to Sales |
0.16 | 0.13 | 0.12 | 0.12 | 0.10 | 0.09 | 0.12 | 0.12 | — |
Price to Operating Income |
1,361.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Other line items | |||||||||
Depreciation/Fixed assets |
0.49 | 0.50 | 0.74 | 0.61 | 0.46 | 0.58 | 0.47 | 0.51 | — |
Cash ROIC |
5.23% | 9.48% | 1.62% | 0.90% | 15.25% | 5.01% | (2,301.55%) | 42.57% | — |
Accounts Receivable Turnover |
4.30 | 4.36 | 4.68 | 5.47 | 5.52 | 5.08 | 4.85 | 4.11 | — |
Accounts Payable Turnover |
7.23 | 8.05 | 11.80 | 14.13 | 14.80 | 16.87 | 12.55 | 10.88 | — |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Average Days of Payables |
51.37 | 54.93 | 38.48 | 27.08 | 29.31 | 19.59 | 35.48 | 26.16 | — |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Average Receivables |
173.94 | 153.09 | 122.32 | 89.91 | 77.04 | 73.76 | 66.30 | 66.30 | — |
Average Payables |
36.89 | 29.91 | 18.96 | 13.66 | 10.94 | 9.80 | 8.79 | 8.79 | — |
Average Assets |
1,218.81 | 963.36 | 739.56 | 694.70 | 614.50 | 411.70 | 132.31 | 0.00 | — |
Average Common Equity |
219.14 | 216.17 | 241.35 | 229.90 | 229.71 | 49.78 | (128.03) | (128.03) | — |
Columns are period end dates