CLVT vs NDAQ vs VERX Stock Comparison

Clarivate, Nasdaq and Vertex Prices as of Oct 28, 2026 Peers: Industry group
CLVT Clarivate Plc
$1.76 +2.9% 1M -51.6% 1Y
Market cap
$1.06B
P/E
–
Revenue (TTM)
$2.41B
Div. yield
–
Compliance Software Technology
2 wins
NDAQ Nasdaq, Inc.
$105.55 +14.0% 1M +20.0% 1Y
Market cap
$59.30B
P/E
28.5x
Revenue (TTM)
$9.15B
Div. yield
–
Exchanges Financial Services
8 wins
VERX Vertex, Inc.
$14.81 +33.9% 1M -41.0% 1Y
Market cap
$2.37B
P/E
662.3x
Revenue (TTM)
$787.44M
Div. yield
–
Compliance Software Technology
1 win

Head to Head

11 decided of 12

Nasdaq leads on 8 of the 12 questions below (Nasdaq 8, Clarivate 2, Vertex 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLVTNDAQVERXLeader
Larger companyMarket capitalisation $1.06B $59.30B $2.37B NDAQ
Cheaper on earningsLower P/E, profitable companies only -3.2x 28.5x 662.3x NDAQ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 2.4x 26.2x 19.0x CLVT
Faster revenue growthRevenue growth, trailing twelve months -3.5% +11.5% +10.8% NDAQ
More profitableNet margin, trailing twelve months -13.8% 22.8% 0.5% NDAQ
Better return on capitalReturn on invested capital -0.9% 10.5% 0.0% NDAQ
Less leveragedLower net debt / EBITDA 6.0x 2.4x 1.1x VERX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -51.6% +20.0% -41.0% NDAQ
Better 5-year returnAnnualised price return, 5 years -40.4%/yr +8.6%/yr -6.6%/yr NDAQ
Less volatileAnnualised volatility, 1 year 74.7% 28.5% 62.3% NDAQ
Higher overall scoreMean of the five percentile scores vs peers 57/100 55/100 49/100 CLVT

Percentile Scorecard

CLVTNDAQVERX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLVTNDAQVERX
Valuation 94 #7 of 101 42 #56 of 96 40 #61 of 101
Growth 29 #69 of 97 41 #39 of 65 76 #24 of 97
Profitability 46 #51 of 94 81 #13 of 65 54 #44 of 94
Financial Health 28 #78 of 108 47 #49 of 92 35 #71 of 108
Shareholder Returns 89 #8 of 64 65 #14 of 38 41 #38 of 64
Overall 57 55 49
  • CLVT ranked among 114 companies in Business Applications
  • NDAQ ranked among 110 companies in Capital Markets
  • VERX ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLVTNDAQVERXSPY
1 month +2.9%+14.0%+33.9% +0.9%
3 months -17.8%+10.5%+11.2% +5.9%
6 months -38.5%+15.6%+20.7% +8.5%
Year to date -47.3%+8.7%-25.8% +13.3%
1 year -51.6%+20.0%-41.0% +12.4%
3 years -72.3%+121.8%-34.9% +88.1%
3 years, per year -34.9%+30.4%-13.4% +23.5%
5 years -92.5%+50.9%-28.9% +68.2%
5 years, per year -40.4%+8.6%-6.6% +11.0%
10 years —+394.1%— +263.4%
10 years, per year —+17.3%— +13.8%

Risk

MeasureCLVTNDAQVERXSPY
Volatility, 1Y 74.7%28.5%62.3% 12.7%
Downside volatility, 1Y 72.4%30.0%63.6% 12.7%
Beta vs S&P 500, 1Y 0.780.570.45 1.00
Return / volatility, 1Y -0.690.70-0.66 0.98
Max drawdown, 5Y -94.3%-33.4%-82.1% -25.4%
From 52-week high -53.2%0.0%-41.0% -0.9%
52-week high $3.76$105.55$25.11 $779.14
52-week low $1.45$76.85$10.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLVTNDAQVERX
P/E now vs peer median -3.4xmedian 27.6x 28.3xmedian 30.1x 668.4xmedian 27.6x
P/S now vs peer median 0.5xmedian 2.7x 6.4xmedian 3.0x 3.0xmedian 2.7x
EV/EBITDA now vs peer median 7.7xmedian 17.4x 19.8xmedian 14.1x 25.4xmedian 17.4x
P/FCF now vs peer median 3.4xmedian 15.8x 26.1xmedian 15.8x 47.3xmedian 15.8x
P/B now vs peer median 0.2xmedian 3.2x 4.9xmedian 2.4x 9.9xmedian 3.2x
PEG now vs peer median -0.06median 0.84 1.55median 0.54 23.71median 0.84

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLVTNDAQVERX
Revenue $2.41B $9.15B $787.44M
Gross profit $1.61B $5.78B $503.58M
Operating income -$84.60M $2.73B -$13.34M
Net income -$334.00M $2.08B $3.58M
Free cash flow $327.60M $2.26B $50.48M
R&D – – $91.60M
EPS (diluted) $-0.52 $3.70 $0.02
Cash & equivalents $217.70M $365.00M $230.49M
Total debt $4.21B $8.74B $1.35B
Shares (diluted) 639.40M 563.31M 161.39M
Enterprise value -$52.79M $56.74B $1.23B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLVTNDAQVERX
P/E -3.4x 28.3x 668.4x
P/FCF 3.4x 26.1x 47.3x
P/Operating cash flow 2.0x 23.2x 13.8x
P/S 0.5x 6.4x 3.0x
P/B 0.2x 4.9x 9.9x
P/Tangible book -0.4x 10.0x 10.0x
EV/EBITDA 7.7x 19.8x 25.4x
EV/EBIT -60.5x 24.6x -187.2x
EV/Revenue 2.1x 7.3x 3.2x
EV/FCF 15.6x 29.7x 49.5x
EV/Operating cash flow 8.9x 26.4x 14.4x
PEG (3Y EPS CAGR) -0.06 1.55 23.71

Growth

14 metrics
MetricCLVTNDAQVERX
Revenue growth (1Y) -3.5% 11.5% 10.8%
Revenue CAGR (3Y) -2.6% 15.1% 14.1%
Gross profit growth (1Y) -2.4% 13.7% 9.0%
Gross profit CAGR (3Y) -1.6% 16.2% 15.8%
Operating income growth (1Y) -55.2% 23.1% -75.9%
Operating income CAGR (3Y) 72.6% 20.1% 8.2%
Net income growth (1Y) 22.9% 28.2% 107.1%
Net income CAGR (3Y) 56.9% 23.6% 28.3%
EPS growth (1Y) 17.9% 31.8% 107.0%
EPS CAGR (3Y) 56.4% 18.3% 28.2%
Operating cash flow growth (1Y) -9.1% 9.0% 21.1%
Operating cash flow CAGR (3Y) -7.9% 12.8% 47.3%
Free cash flow growth (1Y) -5.3% 7.6% 4,078%
Free cash flow CAGR (3Y) -13.4% 11.6% 78.9%

Profitability

14 metrics
MetricCLVTNDAQVERX
Gross margin 66.8% 63.2% 64.0%
EBITDA margin 27.6% 37.0% 12.5%
Operating margin -3.5% 29.8% -1.7%
Pretax margin -14.0% 28.5% -1.2%
Net margin -13.8% 22.8% 0.5%
FCF margin 13.6% 24.7% 6.4%
Operating cash flow margin 23.8% 27.8% 22.0%
Return on equity -7.2% 17.4% 1.5%
Return on assets -3.1% 7.6% 0.3%
Return on invested capital -0.9% 10.5% 0.0%
Return on capital employed -0.9% 12.0% -2.1%
Asset turnover 0.2x 0.3x 0.6x
Cash conversion (OCF / net income) -1.7x 1.2x 48.6x
Stock comp / revenue 2.6% 1.9% 7.2%

Financial Health

11 metrics
MetricCLVTNDAQVERX
Debt / assets 40.2% 31.9% 28.0%
Debt / equity 0.9x 0.7x 1.4x
Net debt / EBITDA 6.0x 2.4x 1.1x
Debt / FCF 12.9x 3.9x 6.7x
Liabilities / assets 56.7% 56.2% 80.1%
Equity / assets 43.3% 43.8% 19.9%
Interest coverage – 7.9x –
Current ratio 0.8x 1.0x 0.9x
Quick ratio 0.7x 0.4x 0.7x
Cash ratio 0.2x 0.1x 0.4x
Altman Z-score -0.75 3.51 1.98

Shareholder Returns

7 metrics
MetricCLVTNDAQVERX
Dividend yield – 1.1% –
Net buyback yield 12.7% 2.5% 1.9%
Shareholder yield 12.7% 3.6% 1.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLVTNDAQVERX
Forward P/E 2.4xFY2026 26.2xFY2026 19.0xFY2026
EPS, next fiscal year $0.72FY2026 $4.03FY2026 $0.78FY2026
EPS growth, next FY +4.3%FY2026 +15.8%FY2026 +21.9%FY2026
EPS growth, the year after +11.1% +11.2% +38.5%
Revenue, next fiscal year $2.19BFY2026 $6.10BFY2026 $795.75MFY2026
Revenue growth, next FY -11.0%FY2026 +16.1%FY2026 +6.3%FY2026
Revenue growth, the year after +6.3% +13.7% +17.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLVTNDAQVERX
Held by institutions 91.1% 83.8% 93.3%
Institutions holding 242 1,082 229
Change in shares held, QoQ +1.7% +1.0% -7.0%
Institutions buying 129 538 135
Institutions selling 81 397 69
Buyers to sellers 1.59 1.36 1.96

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLVTNDAQVERX
CLVT 1.00 0.38 0.52
NDAQ 0.38 1.00 0.47
VERX 0.52 0.47 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CLVT, NDAQ and VERX?

Nasdaq (NDAQ) is the largest by market capitalisation: Clarivate (CLVT) $1.06B, Nasdaq (NDAQ) $59.30B, Vertex (VERX) $2.37B.

Which stock is cheaper, CLVT, NDAQ and VERX?

Nasdaq (NDAQ) trades on the lowest price-to-earnings ratio (Clarivate (CLVT) -3.2x, Nasdaq (NDAQ) 28.5x, Vertex (VERX) 662.3x). On next year's consensus earnings, Clarivate (CLVT) is cheapest (Clarivate (CLVT) 2.4x, Nasdaq (NDAQ) 26.2x, Vertex (VERX) 19.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nasdaq (NDAQ) grew revenue fastest over the trailing twelve months: Clarivate (CLVT) -3.5%, Nasdaq (NDAQ) +11.5%, Vertex (VERX) +10.8%.

Which company is more profitable?

Nasdaq (NDAQ) has the highest net margin (Clarivate (CLVT) -13.8%, Nasdaq (NDAQ) 22.8%, Vertex (VERX) 0.5%). On return on invested capital, Nasdaq (NDAQ) leads (Clarivate (CLVT) -0.9%, Nasdaq (NDAQ) 10.5%, Vertex (VERX) 0.0%).

Which stock has performed better?

Over the past year Nasdaq (NDAQ) returned the most: Clarivate (CLVT) -51.6%, Nasdaq (NDAQ) +20.0%, Vertex (VERX) -41.0%. Over five years, Nasdaq (NDAQ) compounded fastest (Clarivate (CLVT) -40.4%/yr, Nasdaq (NDAQ) +8.6%/yr, Vertex (VERX) -6.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Nasdaq (NDAQ) has been the steadiest (Clarivate (CLVT) 74.7%, Nasdaq (NDAQ) 28.5%, Vertex (VERX) 62.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLVT, NDAQ and VERX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nasdaq (NDAQ) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.