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Vertex, Inc. VERX Debt-to-equity

Debt-to-equity at other companies

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CSPCSPI
0.0×
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1.5×-0.2×
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Tyler TechnologiesTYL
0.5×+0.1×
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0.6×+0.2×
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2.8×+0.5×
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Asure SoftwareASUR
0.4×+0.3×

Other financials

Income statement

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Revenue$196.6M+11.1%
Gross profit$124.9M+10.5%
Operating income-$10.6M-336%
Net income-$2.5M-123%

Balance sheet

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Cash & equivalents$252.5M-6.6%
Total debt$350.1M-0.3%
Total equity$246.5M+23.0%
Total assets$1.2B+5.2%

Cash flow

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Operating cash flow$38.0M+157%
CapEx$22.0M
Free cash flow$16.0M

Valuation

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Market cap$1.88B-56.3%
Enterprise value$1.97B-54.7%
P/E160.4×
P/S2.4×-3.6×

Profitability

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Gross margin64.3%-0.3pp
Operating margin-1.1%-2.4pp
Net margin-7.3%
FCF margin20.1%+18.4pp

Returns & leverage

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Return on equity-20.5%
Current ratio0.9×-0.1×

Where this comes from

Calculated from Vertex, Inc.’s reported figures.

Based on the most recent quarter.

The source filing: Vertex, Inc.’s 10-Q, filed May 7, 2026. Open the filing →

Filed
May 7, 2026, 4:36 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-057207

FAQ

What is Vertex, Inc.'s debt-to-equity?
Vertex, Inc. (VERX) reported debt-to-equity of 1.4× in Q1 2026.
How has Vertex, Inc.'s debt-to-equity changed year-over-year?
Vertex, Inc.'s debt-to-equity decreased by 19.0% year-over-year, from 1.8× to 1.4×.
What is the long-term trend for Vertex, Inc.'s debt-to-equity?
Over 5 years (2020 to 2025), Vertex, Inc.'s debt-to-equity has grown at a 209.1% compound annual growth rate (CAGR), from 0× to 1.4×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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