Vertex (VERX) Change in Intangibles (2019 - 2024)
Vertex's Change in Intangibles was $5.62 million in Q1 2024, up 40.1% from $4.01 million a year earlier and up 14.8% from the prior quarter.
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Analysis
Vertex (VERX) Change in Intangibles (2019 - 2024) Analysis & Trends
On a trailing twelve-month basis, Vertex's Change in Intangibles was $20.58 million through Mar 31, 2024, up 28.8% year-over-year; for FY2023, it was $18.97 million, up 27.4% from FY2022.
- Change in Intangibles shows a five-year compound annual growth rate of 9.1% (FY2018 to FY2023).
- In earlier years, Change in Intangibles was $14.89 million in FY2022 (+27.7%), $11.66 million in FY2021 (-1.6%), $11.85 million in FY2020 (-31.2%) and $17.22 million in FY2019 (+40.5%).
- The Q1 2024 figure marks the highest quarterly Change in Intangibles in data going back to Q3 2019.
- Compared with a year earlier, Change in Intangibles has increased for 11 straight quarters, with growth averaging 31.2% over the last eight quarters.
- The best year-over-year quarter for Change in Intangibles over five years was Q2 2023 (growth of 67.1%); the worst was Q3 2020 (a decline of 53.3%).
- Per Business Quant data, VERX's Change in Intangibles in the three quarters before Q1 2024 was $4.89 million (Q4 2023), $5.04 million (Q3 2023) and $5.04 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 453.55 Bn | 422.61 Bn | 1.64 Bn | - |
| 2 | Oracle | 430.98 Bn | 303.54 Bn | - | - |
| 3 | Sap Se | 256.23 Bn | 177.31 Bn | 8.40 Bn | - |
| 4 | Salesforce | 193.08 Bn | 148.96 Bn | 8.70 Bn | - |
| 5 | ServiceNow | 138.94 Bn | 117.40 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 102.51 Bn | 84.63 Bn | 2.51 Bn | 116.10 Mn |
| 7 | Intuit | 75.44 Bn | 54.79 Bn | 3.44 Bn | - |
| 8 | Relx | 60.79 Bn | 57.76 Bn | - | - |
| 9 | Strategy | 56.32 Bn | 49.31 Bn | 81.55 Mn | - |
| 10 | Vertex | 1.94 Bn | 797.28 Mn | 131.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 5.62 Mn |
| Dec 31, 2023 | 4.89 Mn |
| Sep 30, 2023 | 5.04 Mn |
| Jun 30, 2023 | 5.04 Mn |
| Mar 31, 2023 | 4.01 Mn |
| Dec 31, 2022 | 4.60 Mn |
| Sep 30, 2022 | 4.36 Mn |
| Jun 30, 2022 | 3.01 Mn |
| Mar 31, 2022 | 2.91 Mn |
| Dec 31, 2021 | 3.76 Mn |
| Sep 30, 2021 | 2.78 Mn |
| Jun 30, 2021 | 2.90 Mn |
| Mar 31, 2021 | 2.22 Mn |
| Dec 31, 2020 | 2.60 Mn |
| Sep 30, 2020 | 1.98 Mn |
| Jun 30, 2020 | 3.56 Mn |
| Mar 31, 2020 | 3.71 Mn |
| Dec 31, 2019 | 4.88 Mn |
| Sep 30, 2019 | 4.24 Mn |
API Access
Vertex Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=VERX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "VERX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=VERX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();