Verisk Analytics, Inc. (VRSK)

Verisk Analytics Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,681	2,497	2,463	2,269	2,607
Revenue Growth (YoY)	7.38%	1.40%	8.51%	-12.95%	8.85%
Cost of Revenue	876.5	824.6	853.7	791.7	976.8
Gross Profit	1,805	1,672	1,609	1,478	1,630
Selling, General & Admin	391.8	381.5	313.2	308.2	603.5
Other Operating Expenses	281.4	-115.6	384.2	213.2	329.9
Operating Expenses	673.2	265.9	697.4	521.4	933.4
Operating Income	1,132	1,407	911.4	956.3	696.9
Interest Expense / Income	115.5	138.8	127	138.3	126.8
Other Expense / Income	142.8	93.5	-61.2	-59.3	1.7
Pretax Income	873.4	1,174	845.6	877.3	568.4
Income Tax	258.8	220.3	179.4	164.6	118.5
Net Income	614.6	953.9	666.2	712.7	449.9
Net Income Growth	-35.57%	43.19%	-6.52%	58.41%	-24.85%
Shares Outstanding (Basic)	147	158	162	163	164
Shares Outstanding (Diluted)	147	159	163	165	167
Shares Change	-7.29%	-2.70%	-1.20%	-0.74%	-1.03%
EPS (Basic)	4.19	6.04	4.12	4.38	2.75
EPS (Diluted)	4.17	6.00	4.08	4.31	2.70
EPS Growth	-30.50%	47.06%	-5.34%	59.63%	-24.16%
Free Cash Flow	830.7	784.3	887.3	821.4	739.5
Free Cash Flow Per Share	5.67	4.97	5.48	5.05	4.52
Dividend Per Share	1.360	1.240	1.160	1.080	1.000
Dividend Growth	9.68%	6.90%	7.41%	8.00%	-
Gross Margin	67.31%	66.98%	65.33%	65.11%	62.53%
Operating Margin	42.21%	56.33%	37.01%	42.14%	26.73%
Profit Margin	22.92%	38.20%	27.05%	31.40%	17.26%
Free Cash Flow Margin	30.98%	31.41%	36.03%	36.19%	28.36%
Effective Tax Rate	29.63%	18.76%	21.22%	18.76%	20.85%
EBITDA	1,270	1,653	1,356	1,374	1,019
EBITDA Margin	47.37%	66.20%	55.07%	60.53%	39.08%
Depreciation & Amortization	281.4	340	383.6	358.1	323.7
EBIT	988.9	1,313	972.6	1,016	695.2
EBIT Margin	36.88%	52.58%	39.50%	44.75%	26.67%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).