Vertex (VERX) Invested Capital (2019 - 2026)
Vertex (VERX) recorded Invested Capital of $579.71 million in Q2 2026, down 0.8% from $584.39 million a year earlier and down 0.8% from the prior quarter.
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Analysis
Vertex (VERX) Invested Capital (2019 - 2026) Analysis & Trends
For FY2025, Vertex reported Invested Capital of $596.4 million, up 15.9% from FY2024.
- Annual Invested Capital has increased for three straight years, with a five-year compound annual growth rate of 20.9% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $514.57 million in FY2024 (+71.8%), $299.54 million in FY2023 (+7.5%) and $278.62 million in FY2022.
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q1 2025.
- On a year-over-year basis, Invested Capital rose in seven of the last eight quarters, with growth averaging 37.9%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 121.9% in Q3 2024, against a decline of 3.7% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $584.55 million (Q1 2026), $596.4 million (Q4 2025) and $601.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 408.11 Bn | 372.93 Bn | 1.93 Bn | - |
| 2 | Oracle | 355.62 Bn | 227.75 Bn | - | 192.53 Bn |
| 3 | Sap Se | 276.79 Bn | 204.18 Bn | 8.64 Bn | 62.37 Bn |
| 4 | Salesforce | 175.88 Bn | 131.75 Bn | 8.70 Bn | 77.67 Bn |
| 5 | Automatic Data Processing | 121.54 Bn | 108.34 Bn | 2.53 Bn | 10.06 Bn |
| 6 | ServiceNow | 106.68 Bn | 85.94 Bn | 2.90 Bn | 20.62 Bn |
| 7 | Intuit | 93.48 Bn | 72.83 Bn | 3.44 Bn | 26.66 Bn |
| 8 | Relx | 73.38 Bn | 72.47 Bn | - | 4.77 Bn |
| 9 | Strategy | 50.44 Bn | 37.58 Bn | 89.63 Mn | 62.16 Bn |
| 10 | Vertex | 2.80 Bn | 1.77 Bn | 140.21 Mn | 519.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 519.33 Mn |
| Jun 30, 2026 | 579.71 Mn |
| Mar 31, 2026 | 584.55 Mn |
| Dec 31, 2025 | 596.40 Mn |
| Sep 30, 2025 | 601.39 Mn |
| Jun 30, 2025 | 584.39 Mn |
| Mar 31, 2025 | 536.27 Mn |
| Dec 31, 2024 | 514.57 Mn |
| Sep 30, 2024 | 593.68 Mn |
| Jun 30, 2024 | 567.22 Mn |
| Mar 31, 2024 | 296.09 Mn |
| Dec 31, 2023 | 299.54 Mn |
| Sep 30, 2023 | 267.54 Mn |
| Jun 30, 2023 | 273.69 Mn |
| Mar 31, 2023 | 272.07 Mn |
| Dec 31, 2022 | 278.62 Mn |
| Sep 30, 2022 | 263.24 Mn |
| Jun 30, 2022 | 270.14 Mn |
| Mar 31, 2022 | 282.64 Mn |
| Dec 31, 2020 | 230.45 Mn |
API Access
Vertex Invested Capital 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=invested-capital&ticker=VERX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=VERX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();