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.

Revenue
+11.0%
EPS
+1,100.0%
Free cash flow
+76.8%
Total debt
+0.66%

Quarter to September 2026, against a year earlier

17.58 1.66 +10.43%
Market cap
$2.9B
P/E
511×
Fwd P/E
71.3×
Dividend yield
—
F-score
6/9
Altman Z
2.41
Beneish M
−2.95
Dividend safety
n/a

Vertex, Inc. (VERX) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Vertex, Inc. (VERX) trades at a EV/EBITDA of 29.2×. Over the past ten years it has ranged from 0.0× (September 2021) to 106× (January 2025); the current reading is higher than 32% of that period. That is above the Software Application industry median of 15.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 30.3× (68.51%)
FY2024 96.1× 36.17%
FY2023 70.6× 76.50%
FY2022 40.0× (26.12%)
FY2021 54.1× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 19.9× 2.49%
Jun 2026 19.5× (6.94%)
Mar 2026 20.9× (30.93%)
Dec 2025 30.3× (31.11%)
26 more quarters

Against its own ten years

Low 0.0× High 106×
Ten-year median 45.5×
Current reading's percentile 32

EV/EBITDA against peers

Company EV/EBITDA
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare n/m
ASAN Asana, Inc. compare n/m
PLUS ePlus inc. compare 9.0×
BULL Webull Corporation compare 9.2×
BLKB Blackbaud, Inc. compare 9.6×
SPSC SPS Commerce, Inc. compare 16.4×
GRND Grindr Inc. compare 17.6×
NCNO nCino Inc. compare 24.8×
VERX Vertex, Inc. 29.2×
Software Application industry median 15.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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