Vertex price to free cash flow VERX

Market value divided by free cash flow over the last twelve months, since 2021.

Today, Oct 23, 2026: n/m; not a meaningful number
Last meaningful: 50.0×; Feb 2025
5-year median: 74.2×
5-year range: 26.6× to 412×
Peer median: 16.8×

Vertex's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.

It was last meaningful in Feb 2025, at 50.0×.

On the days it had one over the last 5 years, its median was 74.2×, from 26.6× in Jun 2022 to 412× in Oct 2023.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2025	50.0×	50.0×	65.3×
2024	59.6×	44.2×	207×
2023	210×	91.8×	412×
2022	110×	26.6×	140×
2021	37.9×	37.9×	85.9×

Against its peers

Companies in Software - Infrastructure nearest Vertex's size, closest first, today.

Company	Price to free cash flow
VERXVertex	n/m
BLKBBlackbaud	7.7×
NCNOnCino	18.5×
NTCTNetscout Systems	11.0×
BLBlackline	11.5×
ALRMAlarm.com	16.8×
MQMarqeta	9.9×
KDKyndryl	21.7×
SPSCSPS Commerce	16.8×
AGYSAgilysys	42.3×
AVPTAvePoint	34.6×
Peer median	16.8×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Vertex

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.