Growth Metrics

Vertex (VERX) Tax Rate (2019 - 2021)

Historic Tax Rate for Vertex (VERX) over the last 3 years, with Q1 2021 value amounting to 42.2%.

  • Vertex's Tax Rate fell 413300.0% to 42.2% in Q1 2021 from the same period last year, while for Mar 2021 it was 43.49%, marking a year-over-year increase of 281200.0%. This contributed to the annual value of 25.67% for FY2021, which is 47000.0% down from last year.
  • According to the latest figures from Q1 2021, Vertex's Tax Rate is 42.2%, which was down 413300.0% from 47.13% recorded in Q4 2020.
  • Vertex's Tax Rate's 5-year high stood at 59.41% during Q3 2020, with a 5-year trough of 47.13% in Q4 2020.
  • For the 3-year period, Vertex's Tax Rate averaged around 6.0%, with its median value being 0.29% (2020).
  • In the last 5 years, Vertex's Tax Rate soared by 579600bps in 2020 and then tumbled by -413300bps in 2021.
  • Over the past 3 years, Vertex's Tax Rate (Quarter) stood at 24.94% in 2019, then crashed by -89bps to 47.13% in 2020, then grew by 10bps to 42.2% in 2021.
  • Its Tax Rate stands at 42.2% for Q1 2021, versus 47.13% for Q4 2020 and 59.41% for Q3 2020.