Vertex, Inc.

NasdaqGM:VERX Stock Report

Market Cap: US$8.3b

Vertex Past Earnings Performance

Past criteria checks 2/6

Vertex has been growing earnings at an average annual rate of 28.2%, while the Software industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 14.3% per year. Vertex's return on equity is 11.7%, and it has net margins of 4.7%.

Key information

28.2%

Earnings growth rate

29.7%

EPS growth rate

Software Industry Growth17.3%
Revenue growth rate14.3%
Return on equity11.7%
Net Margin4.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest

Aug 14
Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest

Recent updates

Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up

Nov 22
Vertex, Inc.'s (NASDAQ:VERX) Shares Climb 28% But Its Business Is Yet to Catch Up

Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Nov 09
Vertex, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital

Oct 24
There's Been No Shortage Of Growth Recently For Vertex's (NASDAQ:VERX) Returns On Capital

Vertex, Inc.: Growth Momentum Continues With FCF Conversion Rates Inflecting Upwards

Aug 21

Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest

Aug 14
Vertex's (NASDAQ:VERX) Performance Is Even Better Than Its Earnings Suggest

Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Aug 02
Calculating The Intrinsic Value Of Vertex, Inc. (NASDAQ:VERX)

Pinning Down Vertex, Inc.'s (NASDAQ:VERX) P/S Is Difficult Right Now

Jun 10
Pinning Down Vertex, Inc.'s (NASDAQ:VERX) P/S Is Difficult Right Now

Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Apr 18
Health Check: How Prudently Does Vertex (NASDAQ:VERX) Use Debt?

Vertex: EPS Better Than Expected, Cloud Offerings, And Cheap

Mar 19

Vertex Growth Remains Challenged Despite Integration Push

Oct 01

Vertex: A Valuation Re-Rating Play Of A Non-Discretionary Business

Aug 27

Vertex reports Q2 earnings; raises FY22 revenue guidance and issues Q3 outlook

Aug 09

Revenue & Expenses Breakdown

How Vertex makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGM:VERX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246433030660
30 Jun 246182029261
31 Mar 24596828859
31 Dec 23572-1328358
30 Sep 23549-3427757
30 Jun 23530-3127050
31 Mar 23509-3026048
31 Dec 22492-1224642
30 Sep 22472-822941
30 Jun 22457-1022441
31 Mar 22442-421342
31 Dec 21426-120644
30 Sep 21413319544
30 Jun 21397-1421651
31 Mar 21384-4422953
31 Dec 20375-7524854
30 Sep 20361-7424252
30 Jun 20349-4219742
31 Mar 20336-516836
31 Dec 193223113931
31 Dec 18272-611624

Quality Earnings: VERX has a large one-off loss of $8.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: VERX became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VERX has become profitable over the past 5 years, growing earnings by 28.2% per year.

Accelerating Growth: VERX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: VERX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (27.6%).

Return on Equity

High ROE: VERX's Return on Equity (11.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 20:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vertex, Inc. is covered by 16 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert OliverBaird
Andrew DeGasperiBerenberg
Daniel JesterBMO Capital Markets Equity Research