Vertex (VERX) Interest Coverage Ratio (2019 - 2026)
Vertex (VERX) posted Interest Coverage Ratio of 0.95 for Q1 2026, up 76.34% sequentially from 4.04 in Q4 2025, and down 1619.44% YoY from 0.06 in Q1 2025.
Vertex (VERX) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
Vertex has reported Interest Coverage Ratio for 8 years, with the latest figure at 0.95 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 1619.44% year-over-year to 0.95 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.15 (down 2245.21% YoY) and the FY2025 annual result came in at 0.1, up 740.28% from the prior year.
- Interest Coverage Ratio improved to 0.95 in Q1 2026 per VERX's latest filing, from 4.04 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.83 in Q4 2022 and troughed at 10.76 in Q4 2024.
- A 5-year average of 0.84 and a median of 0.02 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio jumped 13403.19% in 2022, then plunged 2465.92% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 1.83 in 2022, then tumbled by 122.87% to 0.42 in 2023, then slumped by 2465.92% to 10.76 in 2024, then surged by 62.49% to 4.04 in 2025, then surged by 76.34% to 0.95 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.95, 4.04, and 0.14 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -8.75 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.32 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.80 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 14.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.15 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -6.14 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -13.95 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 15.65 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.58 |
| 10 | Vertex | 2.06 Bn | 1.82 Bn | 131.30 Mn | -0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.58 |
| Mar 31, 2026 | -0.95 |
| Dec 31, 2025 | -4.04 |
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | -0.08 |
| Mar 31, 2025 | 0.06 |
| Dec 31, 2024 | -10.76 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.05 |
| Mar 31, 2024 | -0.01 |
| Dec 31, 2023 | -0.42 |
| Sep 30, 2023 | -0.02 |
| Jun 30, 2023 | -0.04 |
| Mar 31, 2023 | -0.07 |
| Dec 31, 2022 | 1.83 |
| Sep 30, 2022 | -0.01 |
| Jun 30, 2022 | -0.07 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.01 |
| Sep 30, 2021 | -0.02 |