Vertex Inc (VERX)
29.26
-0.07
(-0.24%)
USD |
NASDAQ |
May 03, 16:00
29.26
0.00 (0.00%)
After-Hours: 20:00
Vertex Gross Profit Margin (Quarterly): 60.42% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| September 30, 2021 | 60.32% |
| Date | Value |
|---|---|
| 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
66.72%
Maximum
Sep 2019
60.76%
Average
60.98%
Median
Mar 2022
Gross Profit Margin (Quarterly) Benchmarks
| Oracle Corp | 70.87% |
| C3.ai Inc | 57.76% |
| ACI Worldwide Inc | 39.53% |
| Intuit Inc | 74.75% |
| Mitek Systems Inc | 85.01% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -5.68% |
| Return on Assets | -1.79% |
| Return on Invested Capital | -4.70% |
| Profit Margin (Quarterly) | 9.90% |
| Operating Margin (Quarterly) | -1.61% |
| Return on Net Operating Assets | -2.43% |