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Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
1978
1.9K+
LTM Revenue $694M
LTM EBITDA $154M
$6.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Vertex has a last 12-month revenue of $694M and a last 12-month EBITDA of $154M.
In the most recent fiscal year, Vertex achieved revenue of $667M and an EBITDA of $102M.
Vertex expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Vertex valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $572M | $667M | XXX | XXX | XXX |
| Gross Profit | $298M | $349M | XXX | XXX | XXX |
| Gross Margin | 52% | 52% | XXX | XXX | XXX |
| EBITDA | $57.0M | $102M | XXX | XXX | XXX |
| EBITDA Margin | 10% | 15% | XXX | XXX | XXX |
| Net Profit | -$12.3M | -$13.1M | XXX | XXX | XXX |
| Net Margin | -2% | -2% | XXX | XXX | XXX |
| Net Debt | n/a | n/a | XXX | XXX | XXX |
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As of April 15, 2025, Vertex's stock price is $39.
Vertex has current market cap of $6.1B, and EV of $6.2B.
See Vertex trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $6.2B | $6.1B | XXX | XXX | XXX | XXX | $0.62 |
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Sign UpAs of April 15, 2025, Vertex has market cap of $6.1B and EV of $6.2B.
Vertex's trades at 8.9x LTM EV/Revenue multiple, and 39.9x LTM EBITDA.
Analysts estimate Vertex's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Vertex and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $6.2B | XXX | XXX | XXX |
| EV/Revenue | 9.2x | XXX | XXX | XXX |
| EV/EBITDA | 60.4x | XXX | XXX | XXX |
| P/E | -115.9x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 79.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpVertex's NTM/LTM revenue growth is 14%
Vertex's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, Vertex's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Vertex's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Vertex and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 16% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 15% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 79% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 30% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 26% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 23% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 10% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 62% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Cape Range | XXX | XXX | XXX | XXX | XXX | XXX |
| Credit Clear | XXX | XXX | XXX | XXX | XXX | XXX |
| IODM | XXX | XXX | XXX | XXX | XXX | XXX |
| Reckon | XXX | XXX | XXX | XXX | XXX | XXX |
| Xero | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Vertex acquired XXX companies to date.
Last acquisition by Vertex was XXXXXXXX, XXXXX XXXXX XXXXXX . Vertex acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Vertex founded? | Vertex was founded in 1978. |
| Where is Vertex headquartered? | Vertex is headquartered in United States of America. |
| How many employees does Vertex have? | As of today, Vertex has 1.9K+ employees. |
| Who is the CEO of Vertex? | Vertex's CEO is Mr. David DeStefano. |
| Is Vertex publicy listed? | Yes, Vertex is a public company listed on NAS. |
| What is the stock symbol of Vertex? | Vertex trades under VERX ticker. |
| When did Vertex go public? | Vertex went public in 2020. |
| Who are competitors of Vertex? | Similar companies to Vertex include e.g. Cape Range, Credit Clear, IODM, Reckon. |
| What is the current market cap of Vertex? | Vertex's current market cap is $6.1B |
| What is the current revenue of Vertex? | Vertex's last 12-month revenue is $694M. |
| What is the current EBITDA of Vertex? | Vertex's last 12-month EBITDA is $154M. |
| What is the current EV/Revenue multiple of Vertex? | Current revenue multiple of Vertex is 8.9x. |
| What is the current EV/EBITDA multiple of Vertex? | Current EBITDA multiple of Vertex is 39.9x. |
| What is the current revenue growth of Vertex? | Vertex revenue growth between 2023 and 2024 was 16%. |
| Is Vertex profitable? | Yes, Vertex is EBITDA-positive (as of the last 12 months). |
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