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) Return on invested capital

Alert me on Return on invested capital

Vertex, Inc.'s return on invested capital over the twelve months to 30 September 2026 was −2.09%, down 2.6 percentage points from fiscal 2025 (0.52%). Over the past ten years it has ranged from −4.93% (fiscal 2023) to 0.52% (fiscal 2025) — the current reading is the highest in ten years. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.00%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 0.52% 1.19
FY2024 −0.67% 4.26
FY2023 −4.93% (2.05)
FY2022 −2.88% (1.74)
FY2021 −1.14% (1.14)
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% —

Against its own ten years

Low −4.93% High 0.52%
Ten-year median −0.34%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
GRND Grindr Inc. compare 25.8%
BLKB Blackbaud, Inc. compare 20.8%
PLUS ePlus inc. compare 16.3%
SPSC SPS Commerce, Inc. compare 8.97%
NCNO nCino Inc. compare 2.63%
ASAN Asana, Inc. compare 0.00%
BULL Webull Corporation compare 0.00%
KC Kingsoft Cloud Holdings Limited Sponsored ADR compare −2.08%
VERX Vertex, Inc. −2.09%
Software Application industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on VERX