Growth Metrics

Vertex (VERX) Shares Outstanding (Diluted Average) (2018 - 2024)

Vertex recorded quarterly Shares Outstanding (Diluted Average) of $67.9 million in Q1 2024, up 24.05% quarter-over-quarter from $54.8 million in Q4 2023, and up 34.61% year-over-year from $50.5 million in Q2 2023.

Vertex's Shares Outstanding (Diluted Average) history runs 7 years deep, the most recent figure standing at $67.9 million for Q1 2024.

  • In Q1 2024, Shares Outstanding (Diluted Average) rose 34.61% year-over-year to $67.9 million; the TTM figure through Mar 2024 stood at $67.9 million (up 34.61% YoY), while the FY2023 annual figure was $54.8 million, up 19.38% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $67.9 million for Q1 2024 at Vertex, up from $54.8 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $120.4 million in Q1 2020 to a low of $11.1 million in Q4 2020.
  • A 5-year average of $71.7 million and a median of $54.8 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
  • Across the five-year window, Shares Outstanding (Diluted Average) soared 81816.33% in 2020 and sank 66.67% in 2021, its largest moves.
  • Vertex's Shares Outstanding (Diluted Average) stood at $11.1 million in 2020, then surged by 910.57% to $112.1 million in 2021, then plunged by 59.1% to $45.9 million in 2022, then rose by 19.38% to $54.8 million in 2023, then gained by 24.05% to $67.9 million in 2024.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $67.9 million, $54.8 million, and $54.9 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 956.00 Mn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 2.07 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.30 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 1.04 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 273.73 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 411.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 404.50 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 279.00 Mn
10 Vertex 1.10 Bn 851.72 Mn 124.87 Mn -

Historic Data

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DateValue
Mar 31, 2024 67.92 Mn
Dec 31, 2023 54.75 Mn
Sep 30, 2023 54.93 Mn
Jun 30, 2023 53.76 Mn
Mar 31, 2023 50.46 Mn
Dec 31, 2022 45.86 Mn
Sep 30, 2022 44.71 Mn
Jun 30, 2022 43.29 Mn
Mar 31, 2022 42.35 Mn
Dec 31, 2021 112.13 Mn
Sep 30, 2021 40.14 Mn
Jun 30, 2021 116.46 Mn
Mar 31, 2021 120.12 Mn
Dec 31, 2020 11.10 Mn
Sep 30, 2020 120.42 Mn
Jun 30, 2020 120.42 Mn
Mar 31, 2020 120.42 Mn
Dec 31, 2019 3.86 Mn
Sep 30, 2019 3.90 Mn
Jun 30, 2019 147,000.00
Dec 31, 2018 120.42 Mn