Vertex Inc (VERX)
54.71
+0.88
(+1.63%)
USD |
NASDAQ |
Nov 25, 15:12
Vertex Gross Profit Margin (Quarterly): 64.85% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 64.85% |
| June 30, 2024 | 63.74% |
| March 31, 2024 | 61.10% |
| December 31, 2023 | 60.42% |
| September 30, 2023 | 60.79% |
| June 30, 2023 | 61.43% |
| March 31, 2023 | 61.02% |
| December 31, 2022 | 62.27% |
| September 30, 2022 | 59.87% |
| June 30, 2022 | 59.65% |
| March 31, 2022 | 60.98% |
| December 31, 2021 | 60.91% |
| Date | Value |
|---|---|
| September 30, 2021 | 60.32% |
| June 30, 2021 | 64.38% |
| March 31, 2021 | 62.40% |
| December 31, 2020 | 63.62% |
| September 30, 2020 | 49.30% |
| June 30, 2020 | 54.26% |
| March 31, 2020 | 55.78% |
| December 31, 2019 | 64.83% |
| September 30, 2019 | 66.72% |
| June 30, 2019 | 65.41% |
| March 31, 2019 | 65.74% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
49.30%
Minimum
Sep 2020
64.85%
Maximum
Sep 2024
60.60%
Average
61.00%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Adobe Inc | 89.76% |
| ACI Worldwide Inc | 56.31% |
| MicroStrategy Inc | 70.41% |
| CrowdStrike Holdings Inc | 75.37% |
| Intapp Inc | 73.12% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 12.51% |
| Return on Assets | 3.42% |
| Return on Invested Capital | 7.51% |
| Profit Margin (Quarterly) | 4.24% |
| Operating Margin (Quarterly) | 2.87% |
| Return on Net Operating Assets | 5.00% |