Vertex, Inc. (VERX) Return on equity 2020–2025
Vertex, Inc. (VERX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
2.8%FY2025 · since FY2020: -32.7% → 2.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 2.8% | +32.2 pp |
| FY2024 | -29.4% | -24.2 pp |
| FY2023 | -5.2% | +0.2 pp |
| FY2022 | -5.4% | -4.7 pp |
| FY2021 | -0.7% | +32.1 pp |
| FY2020 | -32.7% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice