Vertex (VERX) Financials

$39.73 +1.08 (+2.79%)

Closing price 04/15/2025 04:00 PM Eastern

Extended Trading

$39.72 -0.01 (-0.02%)

As of 04/15/2025 07:55 PM Eastern

Annual Income Statements for Vertex

This table shows Vertex's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-6.11	31	-75	-1.48	-12	-13	-53
Consolidated Net Income / (Loss)	-6.11	31	-75	-1.48	-12	-13	-53
Net Income / (Loss) Continuing Operations	-6.11	96	-75	-1.48	-12	-13	-53
Total Pre-Tax Income	-4.43	31	-108	-3.93	-10	-22	1.91
Total Operating Income	-2.83	32	-105	-2.94	-8.08	-18	-2.23
Total Gross Profit	177	211	209	264	298	349	426
Total Revenue	272	643	375	426	492	572	667
Operating Revenue	272	643	375	426	492	572	667
Total Cost of Revenue	96	33	165	162	193	224	241
Operating Cost of Revenue	96	188	165	162	193	224	241
Total Operating Expenses	180	359	314	267	307	366	428
Selling, General & Admin Expense	59	71	149	107	122	146	153
Marketing Expense	57	68	99	99	125	140	171
Research & Development Expense	24	31	54	44	42	58	67
Depreciation Expense	7.94	9.00	11	12	12	15	21
Other Operating Expenses / (Income)	-	179	-	-	0.00	0.00	18
Other Special Charges / (Income)	-0.69	0.57	0.20	4.89	5.27	6.50	-0.18
Total Other Income / (Expense), net	-1.59	-0.95	-3.11	-0.98	-2.05	-4.16	4.14
Interest Expense	-	-	-	0.98	2.05	4.16	-4.14
Income Tax Expense	1.68	-0.16	-33	-2.45	2.17	-8.58	55
Basic Earnings per Share	($0.13)	$0.20	($1.14)	($0.02)	($0.16)	($0.18)	($0.68)
Weighted Average Basic Shares Outstanding	120.63M	0.00	131.51M	147.78M	151.03M	154.33M	158.18M
Diluted Earnings per Share	($0.13)	$0.25	($1.14)	($0.02)	($0.16)	($0.18)	($0.68)
Weighted Average Diluted Shares Outstanding	120.63M	0.00	131.51M	147.78M	151.03M	154.33M	158.18M
Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	151.03M	154.33M	158.18M

This table shows Vertex's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-1.14	-5.31	-18	-6.90	-3.40	15	2.68	5.16	7.22	-68
Consolidated Net Income / (Loss)	-1.14	-5.31	-18	-6.90	-3.40	15	2.68	5.16	7.22	-68
Net Income / (Loss) Continuing Operations	-1.14	-5.31	-18	-6.90	-3.40	15	2.68	5.16	7.22	-68
Total Pre-Tax Income	-1.23	-4.35	-8.58	-3.97	-2.62	-6.51	-1.85	7.36	7.83	-11
Total Operating Income	-0.87	-3.38	-8.93	-4.07	-2.02	-2.49	-1.57	7.55	4.90	-13
Total Gross Profit	76	82	81	86	88	94	96	103	111	117
Total Revenue	126	131	133	140	145	155	157	161	170	178
Operating Revenue	126	131	133	140	145	155	157	161	170	178
Total Cost of Revenue	51	49	52	54	57	61	61	58	60	61
Operating Cost of Revenue	51	49	52	54	57	61	61	58	60	61
Total Operating Expenses	76	85	90	90	90	96	97	95	106	130
Selling, General & Admin Expense	32	31	34	39	35	37	36	36	41	40
Marketing Expense	30	36	36	34	34	37	40	41	42	47
Research & Development Expense	10	12	16	13	17	13	17	15	16	20
Depreciation Expense	2.94	3.32	3.74	3.88	3.78	3.80	5.01	5.21	5.21	5.52
Other Special Charges / (Income)	1.23	3.34	0.28	0.41	0.32	5.49	-0.53	-1.10	1.18	0.27
Total Other Income / (Expense), net	-0.36	-0.97	0.35	0.11	-0.60	-4.02	-0.29	-0.18	2.94	1.67
Interest Expense	0.36	0.97	-0.35	-0.11	0.60	4.02	0.29	0.18	-2.94	-1.67
Income Tax Expense	-0.09	0.96	9.55	2.93	0.78	-22	-4.54	2.20	0.61	56
Basic Earnings per Share	($0.02)	($0.06)	($0.24)	($0.10)	($0.04)	$0.20	$0.04	$0.06	$0.10	($0.88)
Weighted Average Basic Shares Outstanding	149.80M	151.03M	150.68M	304.17M	305.97M	154.33M	154.22M	155.52M	155.96M	158.18M
Diluted Earnings per Share	($0.02)	($0.06)	($0.24)	($0.10)	($0.04)	$0.20	$0.04	$0.06	$0.08	($0.86)
Weighted Average Diluted Shares Outstanding	149.80M	151.03M	150.68M	304.17M	305.97M	154.33M	160.58M	155.52M	155.96M	158.18M
Weighted Average Basic & Diluted Shares Outstanding	150.04M	151.03M	151.58M	304.17M	305.97M	154.33M	155.11M	155.52M	155.96M	158.18M

This table details how cash moves in and out of Vertex's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	16	24	229	-214	8.54	-18	237
Net Cash From Operating Activities	80	92	60	90	64	74	165
Net Cash From Continuing Operating Activities	80	92	60	90	64	74	165
Net Income / (Loss) Continuing Operations	-6.11	31	-75	-1.48	-12	-13	-53
Consolidated Net Income / (Loss)	-6.11	31	-75	-1.48	-12	-13	-53
Depreciation Expense	25	25	32	45	61	72	83
Amortization Expense	0.27	0.27	0.37	0.21	0.25	2.84	6.04
Non-Cash Adjustments To Reconcile Net Income	38	11	125	26	12	42	46
Changes in Operating Assets and Liabilities, net	23	25	-23	21	2.42	-30	82
Net Cash From Investing Activities	-33	-38	-44	-295	-72	-66	-158
Net Cash From Continuing Investing Activities	-33	-38	-44	-295	-72	-66	-158
Purchase of Property, Plant & Equipment	-33	-38	-33	-43	-60	-68	-87
Acquisitions	0.00	0.00	-12	-251	-0.47	0.00	-72
Purchase of Investments	-	-	0.00	0.00	-17	-16	-16
Sale and/or Maturity of Investments	-	-	0.00	0.00	5.36	18	17
Net Cash From Financing Activities	-31	-31	214	-9.10	17	-26	231
Net Cash From Continuing Financing Activities	-31	-31	214	-9.10	17	-26	231
Repayment of Debt	-3.28	-5.57	-241	-0.96	-1.92	-3.19	-63
Issuance of Debt	0.00	0.00	188	0.00	50	0.00	345
Other Financing Activities, net	1.89	4.34	-3.37	-8.14	-31	-23	-50
Effect of Exchange Rate Changes	-	0.01	-0.02	-0.48	-0.35	0.72	-1.01

This table details how cash moves in and out of Vertex's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-9.28	11	-12	-23	9.10	8.03	3.53	268	-56	21
Net Cash From Operating Activities	15	40	3.49	-4.39	28	48	25	58	41	41
Net Cash From Continuing Operating Activities	15	40	3.49	-4.39	28	48	25	58	41	41
Net Income / (Loss) Continuing Operations	-1.14	-5.31	-18	-6.90	-3.40	15	2.68	5.16	7.22	-68
Consolidated Net Income / (Loss)	-1.14	-5.31	-18	-6.90	-3.40	15	2.68	5.16	7.22	-68
Depreciation Expense	15	16	17	17	18	19	21	20	20	21
Amortization Expense	0.06	0.06	0.06	0.69	0.98	1.10	1.14	1.51	1.69	1.70
Non-Cash Adjustments To Reconcile Net Income	-3.72	6.62	10	7.61	11	14	19	6.18	8.39	12
Changes in Operating Assets and Liabilities, net	5.02	23	-5.82	-23	0.72	-1.65	-20	24	3.98	73
Net Cash From Investing Activities	-15	-22	-14	-16	-16	-20	-20	-28	-85	-25
Net Cash From Continuing Investing Activities	-15	-22	-14	-16	-16	-20	-20	-28	-85	-25
Purchase of Property, Plant & Equipment	-16	-17	-14	-17	-19	-19	-20	-27	-17	-23
Purchase of Investments	0.82	-10	-3.49	-4.94	-4.44	-3.46	-4.27	-3.51	-4.47	-3.75
Sale and/or Maturity of Investments	-	5.36	3.25	5.35	7.44	2.35	4.80	4.06	5.75	2.10
Net Cash From Financing Activities	-8.51	-8.88	-1.53	-1.95	-2.52	-20	-1.15	239	-13	6.25
Net Cash From Continuing Financing Activities	-8.51	-8.88	-1.53	-1.95	-2.52	-20	-1.15	239	-13	6.25
Repayment of Debt	-0.31	-0.31	-0.31	-0.63	-0.63	-1.63	-0.71	-58	-3.90	-1.17
Other Financing Activities, net	-8.20	-8.57	-1.22	-1.33	-1.90	-19	-0.44	-48	-9.22	7.42
Effect of Exchange Rate Changes	-0.53	0.79	0.20	0.18	-0.44	0.78	-0.35	-0.44	1.60	-1.82

This table presents Vertex's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2019	2020	2021	2022	2023	2024
Total Assets	265	559	670	719	760	1,167
Total Current Assets	166	403	196	243	267	536
Cash & Equivalents	76	303	73	92	68	296
Restricted Cash	7.59	9.22	25	15	21	30
Short-Term Investments	-	-	0.00	11	9.55	9.16
Accounts Receivable	70	77	77	103	142	164
Prepaid Expenses	12	13	21	22	26	37
Plant, Property, & Equipment, net	55	57	98	101	101	178
Total Noncurrent Assets	44	100	376	375	393	453
Goodwill	-	19	273	257	260	363
Intangible Assets	32	32	33	39	39	36
Noncurrent Deferred & Refundable Income Taxes	0.22	34	35	31	42	0.02
Other Noncurrent Operating Assets	12	15	35	48	52	54
Total Liabilities & Shareholders' Equity	265	559	670	719	760	1,167
Total Liabilities	377	329	440	489	507	987
Total Current Liabilities	335	292	369	403	441	537
Short-Term Debt	51	1.73	0.47	8.34	14	35
Accounts Payable	11	8.88	13	14	24	36
Accrued Expenses	36	42	49	62	79	81
Current Deferred Revenue	193	208	237	269	290	339
Current Employee Benefit Liabilities	24	19	21	14	12	15
Other Current Liabilities	21	9.24	47	36	22	31
Total Noncurrent Liabilities	43	37	71	86	66	450
Long-Term Debt	0.68	-	0.00	47	44	335
Capital Lease Obligations	-	0.23	-	-	0.05	0.01
Noncurrent Deferred Revenue	14	15	12	10	2.58	4.84
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	0.00	9.92
Other Noncurrent Operating Liabilities	9.27	18	57	29	19	100
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-130	229	230	230	253	179
Total Preferred & Common Equity	-130	229	230	230	253	179
Preferred Stock	-	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-130	229	230	230	253	179
Common Stock	0.00	207	223	245	275	279
Retained Earnings	-91	26	25	13	-0.59	-53
Accumulated Other Comprehensive Income / (Loss)	-0.49	-3.13	-17	-28	-22	-46

This table presents Vertex's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	677	726	725	720	756	1,024	1,191
Total Current Assets	219	231	234	238	267	515	477
Cash & Equivalents	72	69	42	49	56	326	279
Restricted Cash	24	26	30	32	37	35	26
Short-Term Investments	6.13	12	11	8.33	9.10	8.65	7.46
Accounts Receivable	95	103	129	129	133	120	130
Prepaid Expenses	22	23	22	20	32	25	34
Plant, Property, & Equipment, net	109	117	99	100	101	108	179
Total Noncurrent Assets	349	377	392	382	388	401	536
Goodwill	245	259	260	254	256	252	389
Intangible Assets	39	39	39	39	39	38	37
Noncurrent Deferred & Refundable Income Taxes	31	44	43	41	44	62	61
Other Noncurrent Operating Assets	34	35	50	48	50	49	49
Total Liabilities & Shareholders' Equity	677	726	725	720	756	1,024	1,191
Total Liabilities	463	502	499	500	506	791	932
Total Current Liabilities	374	422	431	433	443	439	458
Short-Term Debt	6.96	11	10	10	16	0.20	0.30
Accounts Payable	13	17	22	24	22	24	29
Accrued Expenses	48	64	71	73	51	67	80
Current Deferred Revenue	243	276	274	265	297	297	301
Current Employee Benefit Liabilities	17	17	12	17	19	13	20
Other Current Liabilities	46	36	41	43	37	37	28
Total Noncurrent Liabilities	89	80	68	67	63	352	474
Long-Term Debt	47	46	45	45	43	334	335
Capital Lease Obligations	0.02	0.00	-	0.07	0.04	-	0.02
Noncurrent Deferred Revenue	11	7.11	2.96	2.03	4.15	2.44	3.79
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	16
Other Noncurrent Operating Liabilities	31	27	20	20	16	15	119
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	214	223	226	220	250	233	259
Total Preferred & Common Equity	214	223	226	220	250	233	259
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	214	223	226	220	250	233	259
Common Stock	238	254	262	265	274	255	265
Retained Earnings	18	-5.63	-13	-16	2.10	7.26	14
Accumulated Other Comprehensive Income / (Loss)	-42	-25	-24	-29	-26	-29	-20

This table displays calculated financial ratios and metrics derived from Vertex's official financial filings.

Metric	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	0.00%	136.05%	-41.73%	13.58%	15.53%	16.43%	16.49%
EBITDA Growth	0.00%	171.74%	-228.06%	158.27%	26.79%	7.32%	51.26%
EBIT Growth	0.00%	798.03%	-439.00%	97.19%	-174.71%	-116.65%	87.28%
NOPAT Growth	0.00%	1,714.38%	-329.05%	97.19%	-174.71%	-116.65%	602.08%
Net Income Growth	0.00%	608.63%	-341.75%	98.03%	-731.91%	-6.41%	-302.73%
EPS Growth	0.00%	292.31%	-556.00%	98.25%	-700.00%	-12.50%	-277.78%
Operating Cash Flow Growth	0.00%	14.98%	-35.63%	51.64%	-29.28%	16.42%	121.74%
Free Cash Flow Firm Growth	0.00%	0.00%	-177.52%	-57.45%	81.35%	-44.92%	202.88%
Invested Capital Growth	0.00%	0.00%	43.94%	263.43%	26.07%	27.54%	0.78%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	30.62%	31.48%	4.34%	3.66%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	4.42%	-0.77%	10.41%	-8.48%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-576.32%	-71.48%	4.85%	-126.57%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-576.32%	-71.48%	4.85%	64.97%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-145.73%	-61.43%	61.19%	-273.43%
EPS Q/Q Growth	0.00%	0.00%	0.00%	96.30%	-77.78%	59.09%	-278.95%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-10.79%	-2.04%	4.29%	11.03%	-3.80%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-101.22%	-77.08%	203.49%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-11.38%	0.51%	14.41%	-23.72%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	64.87%	32.83%	55.86%	61.96%	60.72%	60.90%	63.91%
EBITDA Margin	7.61%	8.76%	-19.26%	9.88%	10.84%	10.00%	12.98%
Operating Margin	-1.04%	4.95%	-27.96%	-0.69%	-1.64%	-3.06%	-0.33%
EBIT Margin	-1.63%	4.81%	-27.96%	-0.69%	-1.64%	-3.06%	-0.33%
Profit (Net Income) Margin	-2.24%	4.83%	-20.04%	-0.35%	-2.50%	-2.29%	-7.91%
Tax Burden Percent	137.93%	100.50%	69.60%	37.67%	121.46%	60.41%	-2,762.13%
Interest Burden Percent	100.00%	100.00%	102.97%	133.45%	125.34%	123.78%	-85.68%
Effective Tax Rate	0.00%	-0.50%	0.00%	0.00%	0.00%	0.00%	2,862.13%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	-8.02%	-3.78%	-6.46%	28.81%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	-8.30%	4.49%	-4.83%	4,529.37%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	7.37%	-1.57%	1.03%	-53.20%
Return on Equity (ROE)	0.00%	-27.64%	-128.38%	-0.64%	-5.35%	-5.42%	-24.39%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	-162.74%	-26.85%	-30.66%	28.03%
Operating Return on Assets (OROA)	0.00%	11.68%	-25.45%	-0.48%	-1.16%	-2.37%	-0.23%
Return on Assets (ROA)	0.00%	11.74%	-18.24%	-0.24%	-1.77%	-1.77%	-5.47%
Return on Common Equity (ROCE)	0.00%	-31.93%	-109.23%	-0.64%	-5.35%	-5.42%	-24.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-23.93%	-32.74%	-0.64%	-5.36%	-5.18%	-29.40%
Net Operating Profit after Tax (NOPAT)	-1.98	32	-73	-2.06	-5.66	-12	62
NOPAT Margin	-0.73%	4.98%	-19.57%	-0.48%	-1.15%	-2.14%	9.23%
Net Nonoperating Expense Percent (NNEP)	0.00%	-5.97%	-1.02%	0.28%	-8.28%	-1.62%	-4,500.56%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-1.99%	-3.93%	11.20%
Cost of Revenue to Revenue	35.13%	5.15%	44.14%	38.04%	39.28%	39.10%	36.09%
SG&A Expenses to Revenue	21.64%	11.04%	39.78%	25.15%	24.74%	25.50%	22.92%
R&D to Revenue	8.72%	4.75%	14.50%	10.34%	8.52%	10.17%	10.00%
Operating Expenses to Revenue	65.91%	55.76%	83.82%	62.65%	62.36%	63.96%	64.24%
Earnings before Interest and Taxes (EBIT)	-4.43	31	-105	-2.94	-8.08	-18	-2.23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	21	56	-72	42	53	57	87
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	22.20	10.26	9.48	16.29	46.39
Price to Tangible Book Value (P/TBV)	0.00	0.00	28.50	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.48	0.63	13.59	5.55	4.43	7.20	12.48
Price to Earnings (P/E)	0.00	12.94	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	7.73%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	17.10	12.67	19.18	38.96
Enterprise Value to Revenue (EV/Rev)	0.00	0.60	12.76	5.32	4.30	7.13	12.53
Enterprise Value to EBITDA (EV/EBITDA)	0.00	6.87	0.00	53.83	39.65	71.33	96.55
Enterprise Value to EBIT (EV/EBIT)	0.00	12.53	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	12.10	0.00	0.00	0.00	0.00	135.77
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	4.19	80.30	25.07	33.11	54.91	50.69
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	2.19	0.00	0.00	0.00	0.00	139.55
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.00	-0.46	0.01	0.00	0.24	0.23	2.06
Long-Term Debt to Equity	0.00	-0.01	0.00	0.00	0.20	0.17	1.87
Financial Leverage	0.00	0.29	-2.93	-0.89	-0.35	-0.21	-0.01
Leverage Ratio	0.00	-2.35	7.04	2.68	3.02	3.06	4.46
Compound Leverage Factor	0.00	-2.35	7.25	3.57	3.79	3.79	-3.82
Debt to Total Capital	0.00%	-84.55%	0.84%	0.20%	19.33%	18.78%	67.37%
Short-Term Debt to Total Capital	0.00%	-83.43%	0.75%	0.20%	2.93%	4.62%	6.39%
Long-Term Debt to Total Capital	0.00%	-1.12%	0.10%	0.00%	16.40%	14.16%	60.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	-28.57%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	213.21%	99.16%	99.80%	80.67%	81.22%	32.63%
Debt to EBITDA	0.00	0.91	-0.03	0.01	1.03	1.02	4.28
Net Debt to EBITDA	0.00	-0.57	4.30	-2.32	-1.18	-0.70	0.41
Long-Term Debt to EBITDA	0.00	0.01	0.00	0.00	0.88	0.77	3.87
Debt to NOPAT	0.00	1.61	-0.03	-0.23	-9.73	-4.77	6.02
Net Debt to NOPAT	0.00	-1.00	4.23	47.46	11.11	3.28	0.57
Long-Term Debt to NOPAT	0.00	0.02	0.00	0.00	-8.26	-3.60	5.45
Altman Z-Score	0.00	2.21	9.63	3.58	3.07	5.28	5.56
Noncontrolling Interest Sharing Ratio	0.00%	-15.53%	14.92%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	0.00	0.49	1.38	0.53	0.60	0.60	1.00
Quick Ratio	0.00	0.44	1.30	0.41	0.51	0.50	0.87
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	176	-137	-215	-40	-58	60
Operating Cash Flow to CapEx	241.49%	246.27%	181.51%	208.20%	105.67%	108.94%	189.20%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-218.89	-19.61	-13.98	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	91.76	31.18	17.85	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	47.69	1.67	1.46	0.00
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.00	2.43	0.91	0.69	0.71	0.77	0.69
Accounts Receivable Turnover	0.00	9.14	5.08	5.52	5.47	4.68	4.36
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	11.75	6.73	5.49	4.93	5.67	4.79
Accounts Payable Turnover	0.00	3.09	16.87	14.80	14.13	11.80	8.05
Days Sales Outstanding (DSO)	0.00	39.94	71.86	66.08	66.75	78.00	83.80
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	118.24	21.63	24.66	25.82	30.93	45.36
Cash Conversion Cycle (CCC)	0.00	-78.30	50.23	41.42	40.93	47.07	38.45
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	0.00	-144	-81	132	167	213	214
Invested Capital Turnover	0.00	-8.90	-3.32	16.57	3.29	3.02	3.12
Increase / (Decrease) in Invested Capital	0.00	-144	63	213	35	46	1.66
Enterprise Value (EV)	0.00	387	4,781	2,264	2,114	4,081	8,356
Market Capitalization	402	402	5,092	2,361	2,177	4,121	8,320
Book Value per Share	$0.00	($1.08)	$1.57	$1.55	$1.53	$1.65	$1.15
Tangible Book Value per Share	$0.00	($1.34)	$1.22	($0.51)	($0.44)	($0.30)	($1.41)
Total Capital	0.00	-61	231	231	285	311	550
Total Debt	0.00	51	1.95	0.47	55	59	370
Total Long-Term Debt	0.00	0.68	0.23	0.00	47	44	335
Net Debt	0.00	-32	-310	-98	-63	-40	35
Capital Expenditures (CapEx)	33	38	33	43	60	68	87
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-202	-200	-271	-270	-258	-301
Debt-free Net Working Capital (DFNWC)	0.00	-118	112	-173	-152	-160	34
Net Working Capital (NWC)	0.00	-169	111	-173	-160	-174	-1.04
Net Nonoperating Expense (NNE)	4.12	0.96	1.75	-0.58	6.65	0.84	114
Net Nonoperating Obligations (NNO)	0.00	-32	-310	-98	-63	-40	35
Total Depreciation and Amortization (D&A)	25	25	33	45	61	75	89
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-31.36%	-53.33%	-63.73%	-54.85%	-45.15%	-45.17%
Debt-free Net Working Capital to Revenue	0.00%	-18.38%	30.01%	-40.65%	-30.86%	-27.91%	5.11%
Net Working Capital to Revenue	0.00%	-26.28%	29.55%	-40.76%	-32.56%	-30.43%	-0.16%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.20)	($0.01)	($0.16)	($0.18)	($0.68)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	131.51M	0.00	149.65M	151.86M	158.18M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.20)	($0.01)	($0.16)	($0.18)	($0.68)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	131.51M	0.00	149.65M	151.86M	158.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	($0.01)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	131.51M	0.00	151.03M	154.33M	158.18M
Normalized Net Operating Profit after Tax (NOPAT)	20	23	-73	1.36	-1.97	-7.71	-1.68
Normalized NOPAT Margin	7.50%	3.53%	-19.53%	0.32%	-0.40%	-1.35%	-0.25%
Pre Tax Income Margin	-1.63%	4.81%	-28.79%	-0.92%	-2.06%	-3.79%	0.29%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	-2.99	-3.95	-4.21	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	-2.09	-2.76	-2.94	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-47.06	-33.45	-20.59	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-46.16	-32.26	-19.33	0.00
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	-458.96%	91.98%	-194.61%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-479.87%	94.69%	-202.90%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Vertex's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	14.02%	877.09%	15.45%	17.12%	14.88%	18.14%	18.10%	15.33%	17.52%	15.20%
EBITDA Growth	31.39%	-3.19%	-39.85%	3.52%	24.21%	43.13%	154.12%	112.23%	53.73%	-44.79%
EBIT Growth	75.90%	-24,064.29%	-2,007.91%	5.21%	-131.69%	26.37%	82.47%	285.29%	342.62%	-426.05%
NOPAT Growth	75.90%	-24,064.29%	-1,795.34%	5.21%	-131.69%	26.37%	82.47%	285.62%	419.47%	-426.05%
Net Income Growth	71.10%	-746.73%	-5,328.74%	-24.93%	-197.90%	388.83%	114.80%	174.88%	312.44%	-542.14%
EPS Growth	66.67%	-700.00%	0.00%	-25.00%	-100.00%	433.33%	116.67%	160.00%	300.00%	-530.00%
Operating Cash Flow Growth	-42.71%	6.99%	34.53%	-173.24%	83.83%	18.35%	603.70%	1,415.24%	50.02%	-13.65%
Free Cash Flow Firm Growth	91.78%	82.72%	91.01%	35.36%	-23.91%	-29.34%	-74.59%	114.99%	-323.61%	77.28%
Invested Capital Growth	11.16%	26.07%	8.43%	22.06%	12.04%	27.54%	19.21%	-0.26%	51.16%	0.78%
Revenue Q/Q Growth	5.84%	3.87%	1.24%	5.23%	3.82%	6.82%	1.21%	2.76%	5.79%	4.71%
EBITDA Q/Q Growth	4.38%	-10.58%	-35.42%	71.74%	25.24%	3.05%	14.65%	43.43%	-9.28%	-62.99%
EBIT Q/Q Growth	79.73%	-288.40%	-163.94%	54.40%	50.44%	-23.44%	37.17%	582.11%	-35.11%	-367.65%
NOPAT Q/Q Growth	79.73%	-288.40%	-163.94%	54.40%	50.44%	-23.44%	37.17%	582.97%	-14.71%	-303.26%
Net Income Q/Q Growth	79.33%	-365.29%	-241.53%	61.97%	50.71%	551.13%	-82.50%	92.40%	39.83%	-1,038.90%
EPS Q/Q Growth	75.00%	-200.00%	-300.00%	58.33%	60.00%	600.00%	-80.00%	50.00%	33.33%	-1,175.00%
Operating Cash Flow Q/Q Growth	150.48%	168.13%	-91.33%	-225.72%	728.71%	72.63%	-48.43%	134.98%	-28.29%	-0.64%
Free Cash Flow Firm Q/Q Growth	71.15%	-113.51%	46.31%	-95.44%	44.69%	-122.86%	27.44%	116.78%	-1,663.17%	88.05%
Invested Capital Q/Q Growth	2.16%	0.51%	4.45%	13.81%	-6.22%	14.41%	-2.35%	-4.77%	42.12%	-23.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.87%	62.27%	61.02%	61.43%	60.79%	60.42%	61.10%	63.74%	64.85%	65.63%
EBITDA Margin	11.08%	9.54%	6.08%	9.93%	11.98%	11.55%	13.09%	18.27%	15.67%	5.54%
Operating Margin	-0.69%	-2.58%	-6.73%	-2.91%	-1.39%	-1.61%	-1.00%	4.68%	2.87%	-7.34%
EBIT Margin	-0.69%	-2.58%	-6.73%	-2.91%	-1.39%	-1.61%	-1.00%	4.68%	2.87%	-7.34%
Profit (Net Income) Margin	-0.90%	-4.05%	-13.66%	-4.94%	-2.34%	9.90%	1.71%	3.21%	4.24%	-37.99%
Tax Burden Percent	92.61%	121.99%	211.35%	173.83%	129.98%	-235.44%	-145.00%	70.12%	92.18%	592.74%
Interest Burden Percent	141.45%	128.64%	96.08%	97.42%	129.58%	261.46%	118.27%	97.60%	160.01%	87.29%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	29.88%	7.82%	0.00%
Return on Invested Capital (ROIC)	-1.15%	-5.94%	-14.32%	-5.99%	-3.04%	-3.39%	-2.18%	10.24%	7.29%	-16.04%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.28%	-2.27%	5.27%	3.47%	1.80%	-36.54%	-10.43%	10.65%	-37.66%	2,292.94%
Return on Net Nonoperating Assets (RNNOA)	0.08%	0.79%	-1.40%	-0.66%	-0.34%	7.80%	2.02%	-1.45%	0.95%	-26.93%
Return on Equity (ROE)	-1.07%	-5.14%	-15.72%	-6.66%	-3.38%	4.41%	-0.16%	8.79%	8.24%	-42.98%
Cash Return on Invested Capital (CROIC)	-12.66%	-26.85%	-15.39%	-26.56%	-18.67%	-30.66%	-21.24%	0.78%	-24.77%	28.03%
Operating Return on Assets (OROA)	-0.39%	-1.83%	-4.82%	-2.18%	-1.09%	-1.24%	-0.80%	3.31%	1.93%	-5.08%
Return on Assets (ROA)	-0.51%	-2.87%	-9.78%	-3.70%	-1.84%	7.66%	1.38%	2.26%	2.85%	-26.30%
Return on Common Equity (ROCE)	-1.07%	-5.14%	-15.72%	-6.66%	-3.38%	4.41%	-0.16%	8.79%	8.24%	-42.98%
Return on Equity Simple (ROE_SIMPLE)	-3.56%	0.00%	-13.47%	-13.95%	-15.32%	0.00%	3.09%	8.49%	11.74%	0.00%
Net Operating Profit after Tax (NOPAT)	-0.61	-2.37	-6.25	-2.85	-1.41	-1.74	-1.10	5.29	4.51	-9.17
NOPAT Margin	-0.48%	-1.81%	-4.71%	-2.04%	-0.97%	-1.13%	-0.70%	3.28%	2.65%	-5.14%
Net Nonoperating Expense Percent (NNEP)	-0.86%	-3.66%	-19.59%	-9.46%	-4.83%	33.14%	8.25%	-0.41%	44.95%	-2,308.99%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.83%	-	-	-	-0.56%	-	-	-	-1.67%
Cost of Revenue to Revenue	40.13%	37.73%	38.98%	38.57%	39.21%	39.58%	38.90%	36.26%	35.15%	34.37%
SG&A Expenses to Revenue	25.09%	23.74%	25.85%	28.19%	24.40%	23.80%	22.67%	22.27%	24.35%	22.37%
R&D to Revenue	8.20%	8.83%	11.95%	9.08%	11.56%	8.33%	10.74%	9.07%	9.17%	10.98%
Operating Expenses to Revenue	60.56%	64.85%	67.75%	64.35%	62.18%	62.03%	62.10%	59.06%	61.98%	72.97%
Earnings before Interest and Taxes (EBIT)	-0.87	-3.38	-8.93	-4.07	-2.02	-2.49	-1.57	7.55	4.90	-13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	13	8.08	14	17	18	21	29	27	9.88
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	9.56	9.48	13.98	13.10	15.96	16.29	19.60	23.99	23.12	46.39
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	5.47	4.43	6.13	5.58	6.40	7.20	8.22	9.05	9.31	12.48
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	634.68	282.66	196.99	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.16%	0.35%	0.51%	0.00%
Enterprise Value to Invested Capital (EV/IC)	12.04	12.67	17.65	14.76	18.70	19.18	23.39	28.09	21.38	38.96
Enterprise Value to Revenue (EV/Rev)	5.35	4.30	6.04	5.53	6.34	7.13	8.15	8.99	9.35	12.53
Enterprise Value to EBITDA (EV/EBITDA)	37.20	39.65	64.12	60.46	67.13	71.33	69.75	65.19	63.57	96.55
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3,777.40	716.91	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	5,396.28	161.15	135.77
Enterprise Value to Operating Cash Flow (EV/OCF)	32.65	33.11	47.50	53.87	51.97	54.91	50.93	35.27	35.09	50.69
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3,613.54	0.00	139.55
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.25	0.24	0.25	0.25	0.25	0.23	0.24	1.43	1.29	2.06
Long-Term Debt to Equity	0.22	0.20	0.21	0.20	0.20	0.17	0.17	1.43	1.29	1.87
Financial Leverage	-0.28	-0.35	-0.27	-0.19	-0.19	-0.21	-0.19	-0.14	-0.03	-0.01
Leverage Ratio	3.02	3.02	3.12	3.17	3.22	3.06	3.13	3.81	3.99	4.46
Compound Leverage Factor	4.27	3.89	3.00	3.09	4.17	8.01	3.70	3.72	6.38	3.89
Debt to Total Capital	20.24%	19.33%	20.30%	19.83%	20.07%	18.78%	19.19%	58.91%	56.39%	67.37%
Short-Term Debt to Total Capital	2.59%	2.93%	3.87%	3.68%	3.75%	4.62%	5.13%	0.04%	0.05%	6.39%
Long-Term Debt to Total Capital	17.64%	16.40%	16.44%	16.15%	16.31%	14.16%	14.05%	58.88%	56.34%	60.99%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	79.76%	80.67%	79.70%	80.17%	79.93%	81.22%	80.81%	41.09%	43.61%	32.63%
Debt to EBITDA	1.01	1.03	1.19	1.15	1.07	1.02	0.85	3.92	3.54	4.28
Net Debt to EBITDA	-0.89	-1.18	-1.03	-0.57	-0.66	-0.70	-0.61	-0.41	0.23	0.41
Long-Term Debt to EBITDA	0.88	0.88	0.96	0.94	0.87	0.77	0.62	3.92	3.54	3.87
Debt to NOPAT	-16.46	-9.73	-4.65	-4.62	-4.29	-4.77	-8.36	324.65	8.98	6.02
Net Debt to NOPAT	14.56	11.11	4.02	2.27	2.65	3.28	5.97	-34.28	0.59	0.57
Long-Term Debt to NOPAT	-14.35	-8.26	-3.77	-3.77	-3.49	-3.60	-6.12	324.46	8.97	5.45
Altman Z-Score	2.96	3.09	4.07	3.91	4.61	5.34	6.32	4.97	4.45	5.53
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.59	0.60	0.55	0.54	0.55	0.60	0.60	1.17	1.04	1.00
Quick Ratio	0.46	0.51	0.43	0.42	0.43	0.50	0.45	1.03	0.91	0.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-17	-37	-20	-39	-21	-48	-35	5.80	-91	-11
Operating Cash Flow to CapEx	93.42%	242.67%	24.84%	-26.06%	148.84%	253.48%	122.44%	214.94%	244.14%	177.02%
Free Cash Flow to Firm to Interest Expense	-47.84	-38.05	0.00	0.00	-35.84	-11.86	-120.85	32.04	0.00	0.00
Operating Cash Flow to Interest Expense	41.58	41.54	0.00	0.00	46.22	11.84	85.90	318.93	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-2.93	24.42	0.00	0.00	15.17	7.17	15.74	170.55	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.57	0.71	0.72	0.75	0.79	0.77	0.81	0.71	0.67	0.69
Accounts Receivable Turnover	4.46	5.47	5.71	4.86	4.91	4.68	5.06	4.96	4.97	4.36
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	3.61	4.93	4.64	5.16	5.24	5.67	5.47	5.96	4.61	4.79
Accounts Payable Turnover	17.92	14.13	12.50	10.36	11.33	11.80	11.70	10.28	8.98	8.05
Days Sales Outstanding (DSO)	81.88	66.75	63.98	75.11	74.37	78.00	72.19	73.60	73.46	83.80
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	20.36	25.82	29.20	35.23	32.23	30.93	31.21	35.51	40.66	45.36
Cash Conversion Cycle (CCC)	61.52	40.93	34.78	39.88	42.14	47.07	40.98	38.09	32.81	38.45
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	166	167	174	198	186	213	208	198	281	214
Invested Capital Turnover	2.37	3.29	3.04	2.94	3.12	3.02	3.12	3.12	2.75	3.12
Increase / (Decrease) in Invested Capital	17	35	14	36	20	46	33	-0.51	95	1.66
Enterprise Value (EV)	1,999	2,114	3,076	2,928	3,479	4,081	4,859	5,557	6,011	8,356
Market Capitalization	2,047	2,177	3,125	2,956	3,513	4,121	4,902	5,592	5,989	8,320
Book Value per Share	$1.43	$1.53	$1.48	$1.49	$1.45	$1.65	$1.62	$1.50	$1.67	$1.15
Tangible Book Value per Share	($0.47)	($0.44)	($0.49)	($0.48)	($0.48)	($0.30)	($0.29)	($0.37)	($1.07)	($1.41)
Total Capital	268	285	280	282	275	311	310	567	594	550
Total Debt	54	55	57	56	55	59	59	334	335	370
Total Long-Term Debt	47	47	46	45	45	44	43	334	335	335
Net Debt	-48	-63	-49	-27	-34	-40	-42	-35	22	35
Capital Expenditures (CapEx)	16	17	14	17	19	19	20	27	17	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-250	-270	-286	-269	-274	-258	-262	-294	-294	-301
Debt-free Net Working Capital (DFNWC)	-148	-152	-180	-186	-185	-160	-160	76	19	34
Net Working Capital (NWC)	-155	-160	-191	-197	-195	-174	-176	76	19	-1.04
Net Nonoperating Expense (NNE)	0.53	2.94	12	4.05	1.99	-17	-3.78	0.13	-2.71	59
Net Nonoperating Obligations (NNO)	-48	-63	-49	-27	-34	-40	-42	-35	22	35
Total Depreciation and Amortization (D&A)	15	16	17	18	19	20	22	22	22	23
Debt-free, Cash-free Net Working Capital to Revenue	-66.86%	-54.85%	-56.11%	-50.85%	-49.97%	-45.15%	-43.86%	-47.53%	-45.68%	-45.17%
Debt-free Net Working Capital to Revenue	-39.49%	-30.86%	-35.27%	-35.14%	-33.66%	-27.91%	-26.79%	12.29%	2.95%	5.11%
Net Working Capital to Revenue	-41.35%	-32.56%	-37.40%	-37.10%	-35.55%	-30.43%	-29.45%	12.26%	2.91%	-0.16%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.02)	($0.06)	($0.24)	($0.10)	($0.04)	$0.20	$0.04	$0.06	$0.10	($0.88)
Adjusted Weighted Average Basic Shares Outstanding	149.80M	151.03M	150.68M	151.48M	152.08M	154.33M	154.22M	155.52M	155.96M	158.18M
Adjusted Diluted Earnings per Share	($0.02)	($0.06)	($0.24)	($0.10)	($0.04)	$0.20	$0.04	$0.06	$0.08	($0.86)
Adjusted Weighted Average Diluted Shares Outstanding	149.80M	151.03M	150.68M	151.48M	152.08M	154.33M	160.58M	155.52M	155.96M	158.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	150.04M	151.03M	151.58M	304.17M	305.97M	154.33M	155.11M	155.52M	155.96M	158.18M
Normalized Net Operating Profit after Tax (NOPAT)	0.25	-0.03	-6.05	-2.56	-1.19	2.10	-1.46	4.52	5.60	-8.99
Normalized NOPAT Margin	0.20%	-0.02%	-4.56%	-1.83%	-0.82%	1.35%	-0.93%	2.81%	3.29%	-5.04%
Pre Tax Income Margin	-0.98%	-3.32%	-6.46%	-2.84%	-1.80%	-4.20%	-1.18%	4.57%	4.60%	-6.41%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-2.41	-3.49	0.00	0.00	-3.38	-0.62	-5.47	41.69	0.00	0.00
NOPAT to Interest Expense	-1.69	-2.44	0.00	0.00	-2.37	-0.43	-3.83	29.23	0.00	0.00
EBIT Less CapEx to Interest Expense	-46.93	-20.61	0.00	0.00	-34.43	-5.29	-75.63	-106.70	0.00	0.00
NOPAT Less CapEx to Interest Expense	-46.20	-19.56	0.00	0.00	-33.42	-5.11	-73.98	-119.15	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Vertex's Financials

When does Vertex's fiscal year end?

According to the most recent income statement we have on file, Vertex's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Vertex's net income changed over the last 6 years?

Vertex's net income appears to be on an upward trend, with a most recent value of -$52.73 million in 2024, rising from -$6.11 million in 2018. The previous period was -$13.09 million in 2023.

What is Vertex's operating income?

Vertex's total operating income in 2024 was -$2.23 million, based on the following breakdown:

Total Gross Profit: $426.13 million
Total Operating Expenses: $428.35 million

How has Vertex revenue changed over the last 6 years?

Over the last 6 years, Vertex's total revenue changed from $272.40 million in 2018 to $666.78 million in 2024, a change of 144.8%.

How much debt does Vertex have?

Vertex's total liabilities were at $987.44 million at the end of 2024, a 94.8% increase from 2023, and a 161.9% increase since 2019.

How much cash does Vertex have?

In the past 5 years, Vertex's cash and equivalents has ranged from $68.18 million in 2023 to $303.05 million in 2020, and is currently $296.05 million as of their latest financial filing in 2024.

How has Vertex's book value per share changed over the last 6 years?

Over the last 6 years, Vertex's book value per share changed from 0.00 in 2018 to 1.15 in 2024, a change of 115.0%.

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This page (NASDAQ:VERX) was last updated on 4/16/2025 by MarketBeat.com Staff

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Vertex (VERX) Financials

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Vertex (VERX) Financials

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