Verisk Analytics, Inc.

VRSK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

2,882

Cost of Revenue

901

Gross Profit

1,981

Gross Margin

68.7%

Operating Income

1,254

Operating Margin

43.5%

Net Income

958

Net Margin

33.2%

EPS (Basic)

$6.74

EPS (Diluted)

$6.71

EBITDA

1,659

EBITDA Margin

57.6%

2023

12/31/2023

Revenue

2,681

Cost of Revenue

877

Gross Profit

1,805

Gross Margin

67.3%

Operating Income

1,132

Operating Margin

42.2%

Net Income

614

Net Margin

22.9%

EPS (Basic)

$4.19

EPS (Diluted)

$4.17

EBITDA

1,424

EBITDA Margin

53.1%

2022

12/31/2022

Revenue

2,497

Cost of Revenue

825

Gross Profit

1,672

Gross Margin

67.0%

Operating Income

1,407

Operating Margin

56.3%

Net Income

954

Net Margin

38.2%

EPS (Basic)

$6.04

EPS (Diluted)

$6.00

EBITDA

1,741

EBITDA Margin

69.7%

2021

12/31/2021

Revenue

2,463

Cost of Revenue

854

Gross Profit

1,609

Gross Margin

65.3%

Operating Income

911

Operating Margin

37.0%

Net Income

666

Net Margin

27.1%

EPS (Basic)

$4.12

EPS (Diluted)

$4.08

EBITDA

1,297

EBITDA Margin

52.7%

2020

12/31/2020

Revenue

2,269

Cost of Revenue

792

Gross Profit

1,478

Gross Margin

65.1%

Operating Income

956

Operating Margin

42.1%

Net Income

713

Net Margin

31.4%

EPS (Basic)

$4.38

EPS (Diluted)

$4.31

EBITDA

1,315

EBITDA Margin

57.9%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	2,882	2,681	2,497	2,463	2,269
Cost of Revenue	901	877	825	854	792
Gross Profit	1,981	1,805	1,672	1,609	1,478
Gross Margin	68.7%	67.3%	67.0%	65.3%	65.1%
Operating Income	1,254	1,132	1,407	911	956
Operating Margin	43.5%	42.2%	56.3%	37.0%	42.1%
Net Income	958	614	954	666	713
Net Margin	33.2%	22.9%	38.2%	27.1%	31.4%
EPS (Basic)	$6.74	$4.19	$6.04	$4.12	$4.38
EPS (Diluted)	$6.71	$4.17	$6.00	$4.08	$4.31
EBITDA	1,659	1,424	1,741	1,297	1,315
EBITDA Margin	57.6%	53.1%	69.7%	52.7%	57.9%