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Vertex Inc   (VERX)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology


Vertex Inc 's Effective Tax Rate by quarter

Trends, Rankings, Statistics



VERX Effective Tax Rate (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
Y / Y Pre-Tax Income Change - - - - -
Seq. Pre-Tax Income Change 6.38 % - - - -
Pre-Tax Income In Millions $7.83 $7.36 $-1.85 $-2.62 $-3.97
Effective Tax Rate 7.82 % 29.88 % - - -
Effective Tax Rate Total Ranking # 157 # 1772 # # #
Income taxes expenses / -benefit In Millions $0.61 $2.20 $-4.54 $-0.78 $-2.93
Y / Y Income taxes expenses / -benefit Change - - - - -
Seq. Income taxes expenses / -benefit Change -72.14 % - - - -


Commenting Third Quarter 2024 Effective Tax Rate
Company's effective tax rate in III. Quarter decreased compare to previous quarter to 7.82 %
, a new company low.


Looking into III. Quarter results within Software & Programming industry 6 other companies have achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has impoved so far to 157, from total ranking in previous quarter at 1772.

VERX's Effective Tax Rate third quarter 2024 Company Ranking
Within: No.
Software & Programming Industry # 7
Technology Sector # 27
Overall # 157

VERX's Effective Tax Rate Statistics
High Average Low
170.46 % 57.83 % 7.82 %
(Mar 31 2022)   (Sep 30 2024)




Other Effective Tax Rate Profitability Ratios
VERX's Cumulative Effective Tax Rate
Software & Programming Industry Effective Tax Rate Trends and Statistics
Technology Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
VERX's Effective Tax Rate Profitability versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for VERX's Competitors
Effective Tax Rate Profit Margin for Vertex Inc 's Suppliers
Effective Tax Rate Profit Margin for VERX's Customers

You may also want to know
VERX's Annual Growth Rates VERX's Profitability Ratios VERX's Asset Turnover Ratio VERX's Dividend Growth
VERX's Roe VERX's Valuation Ratios VERX's Financial Strength Ratios VERX's Income taxes expenses / -benefit Growth
VERX's Roa VERX's Inventory Turnover Ratio VERX's Growth Rates VERX's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Sep 30 2024, within Software & Programming Industry Effective Tax RateSep 30 2024 MRQ Income taxes expenses / -benefitSep 30 2024 MRQ Pre-Tax Income
Ansys Inc   20.50 %$ 33.063  Millions$ 161.255  Millions
Sps Commerce Inc   20.07 %$ 5.889  Millions$ 29.349  Millions
Dropbox Inc   19.59 %$ 26.000  Millions$ 132.700  Millions
Microsoft Corporation  18.51 %$ 5,602.000  Millions$ 30,269.000  Millions
Adobe Inc   17.53 %$ 358.000  Millions$ 2,042.000  Millions
Progress Software Corp  16.96 %$ 5.815  Millions$ 34.279  Millions
Manhattan Associates Inc   16.52 %$ 12.621  Millions$ 76.402  Millions
Servicenow Inc   16.28 %$ 84.000  Millions$ 516.000  Millions
Alarm com Holdings Inc   15.56 %$ 6.718  Millions$ 43.174  Millions
Rapid7 Inc   15.13 %$ 2.952  Millions$ 19.506  Millions
Block Inc   13.27 %$ 43.011  Millions$ 324.147  Millions
Blackline Inc   12.60 %$ 2.101  Millions$ 16.670  Millions
Bill Holdings Inc   12.46 %$ 1.268  Millions$ 10.180  Millions
Tyler Technologies Inc   11.85 %$ 10.199  Millions$ 86.096  Millions
Qualys Inc   11.68 %$ 6.111  Millions$ 52.323  Millions
Clear Secure Inc   11.11 %$ 4.751  Millions$ 42.775  Millions
Avidxchange Holdings Inc   9.62 %$ 0.431  Millions$ 4.478  Millions
Duolingo Inc   7.99 %$ 2.029  Millions$ 25.389  Millions
Datadog Inc   7.91 %$ 4.439  Millions$ 56.136  Millions
Vertex Inc   7.82 %$ 0.613  Millions$ 7.834  Millions
Oracle Corporation  7.57 %$ 240.000  Millions$ 3,169.000  Millions
Commvault Systems Inc  6.57 %$ 1.095  Millions$ 16.660  Millions
Avepoint Inc   5.88 %$ 0.183  Millions$ 3.111  Millions
Palantir Technologies Inc   4.97 %$ 7.809  Millions$ 157.150  Millions
Marketwise Inc   4.10 %$ 0.973  Millions$ 23.719  Millions




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