Verisk Analytics, Inc.
Description
Verisk Analytics, Inc. provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments. The company also provides life insurance solutions for transforming current workflows in life insurance underwriting, claim insights, policy administration, unclaimed property/equity, compliance and fraud detection, and actuarial and portfolio modeling; Marketing Solutions, such as compliant, real-time decisioning, profitability, and risk assessment for inbound consumer interactions; and international underwriting and claims solutions. In addition, it offers claims insurance solutions, which provides analytics in fraud detection, compliance reporting, subrogation liability assessment, litigation, and repair cost estimation and valuation solutions; and casualty solutions, such as compliance, casualty claims decision support, and workflow automation solutions. Further, the company supplies software to the specialty insurance market. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.
About
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 28, 2025 | — | — | — | — |
| Jul 29, 2025 | — | — | — | — |
| Apr 29, 2025 | — | — | — | — |
| Feb 19, 2025 | 1.60 | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 12 | — | 17 |
| Average estimate | — | 1.73 | — | 7.31 |
| Low estimate | — | 1.71 | — | 7.05 |
| High estimate | — | 1.77 | — | 7.90 |
| Last year EPS | — | 1.63 | — | 6.63 |
Growth estimates
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Jan 10, 2025 |
Barclays
Manav Patnaik
|
Downgrade | Equal-Weight | Maintains $310 |
| Jan 7, 2025 |
RBC Capital
Ashish Sabadra
|
Reiterates | Outperform | Maintains $300 |
| Dec 12, 2024 |
Morgan Stanley
Toni Kaplan
|
Maintains | Equal-Weight | ▲ Raises $283 → $300 |
| Nov 1, 2024 |
BMO Capital
Jeffrey Silber
|
Maintains | Market Perform | ▲ Raises $263 → $276 |
| Oct 31, 2024 |
Baird
Jeffrey Meuler
|
Maintains | Outperform | ▲ Raises $285 → $301 |
| Oct 17, 2024 |
RBC Capital
Ashish Sabadra
|
Maintains | Outperform | ▲ Raises $268 → $300 |
| Oct 2, 2024 |
Evercore ISI Group
David Motemaden
|
Assumes | In-Line | Announces $279 |
| Sep 13, 2024 |
Barclays
Manav Patnaik
|
Maintains | Overweight | ▲ Raises $275 → $310 |
| Aug 12, 2024 |
Wells Fargo
Jason Haas
|
Initiates | Overweight | Announces $305 |
| Aug 1, 2024 |
BMO Capital
Jeffrey Silber
|
Maintains | Market Perform | ▼ Lowers $278 → $263 |
| Aug 1, 2024 |
RBC Capital
Ashish Sabadra
|
Reiterates | Outperform | Maintains $268 |
| Aug 1, 2024 |
Baird
Jeffrey Meuler
|
Maintains | Outperform | ▲ Raises $268 → $285 |
| Aug 1, 2024 |
Deutsche Bank
Faiza Alwy
|
Maintains | Hold | ▲ Raises $280 → $282 |
| Jul 31, 2024 |
Morgan Stanley
Toni Kaplan
|
Maintains | Equal-Weight | ▲ Raises $243 → $260 |
| Jul 9, 2024 |
UBS
Alex Kramm
|
Maintains | Neutral | ▲ Raises $255 → $285 |
| Jun 25, 2024 |
Evercore ISI Group
David Togut
|
Maintains | In-Line | ▲ Raises $250 → $260 |
| May 2, 2024 |
BMO Capital
Jeffrey Silber
|
Maintains | Market Perform | ▲ Raises $238 → $241 |
| Mar 26, 2024 |
Evercore ISI Group
David Togut
|
Maintains | In-Line | Maintains $250 |
| Jan 8, 2024 |
B of A Securities
Heather Balsky
|
Downgrade | Neutral | ▼ Lowers $270 → $260 |
| Dec 8, 2023 |
Deutsche Bank
Faiza Alwy
|
Downgrade | Hold | ▲ Raises $252 → $253 |
| Nov 2, 2023 |
JP Morgan
Andrew Steinerman
|
Maintains | Overweight | ▼ Lowers $260 → $255 |
| Nov 2, 2023 |
Raymond James
C. Gregory Peters
|
Maintains | Outperform | ▲ Raises $255 → $260 |
| Oct 17, 2023 |
Truist Securities
Andrew Jeffrey
|
Maintains | Buy | ▲ Raises $275 → $285 |
| Oct 9, 2023 |
B of A Securities
Heather Balsky
|
Maintains | Buy | ▲ Raises $267 → $275 |
| Sep 14, 2023 |
Argus Research
|
Initiates | Buy | Announces $288 |
| Sep 7, 2023 |
Truist Securities
Andrew Jeffrey
|
Maintains | Buy | ▲ Raises $270 → $275 |
| Aug 4, 2023 |
BMO Capital
Jeffrey Silber
|
Maintains | Market Perform | ▲ Raises $229 → $238 |
| Aug 3, 2023 |
RBC Capital
Ashish Sabadra
|
Reiterates | Outperform | Maintains $250 |
| Aug 3, 2023 |
JP Morgan
Andrew Steinerman
|
Maintains | Overweight | ▲ Raises $225 → $260 |
| Aug 3, 2023 |
Baird
Jeffrey Meuler
|
Maintains | Outperform | ▲ Raises $250 → $254 |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 2.68B | 2.50B | 2.46B | 2.27B | 2.61B |
| Cost of revenue | 876.50M | 824.60M | 853.70M | 791.70M | 976.80M |
| Gross profit | 1.80B | 1.67B | 1.61B | 1.48B | 1.63B |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 391.80M | 381.50M | 313.20M | 308.20M | 603.50M |
| Other operating expenses | — | -354.20M | 134.00M | -19.40M | 6.20M |
| Operating income | 1.13B | 1.41B | 911.40M | 956.30M | 696.90M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 115.50M | 138.80M | 127.00M | 138.30M | 126.80M |
| Other income expense | 11.00M | -5.30M | 2.10M | 400,000 | -1.70M |
| Pretax income | 1.03B | 1.26B | 786.50M | 818.40M | 568.40M |
| Tax provision | 258.80M | 220.30M | 179.40M | 164.60M | 118.50M |
| Net income | 614.40M | 954.30M | 666.30M | 712.70M | 449.90M |
| Basic EPS | 4.19 | 6.04 | 4.12 | 4.38 | 2.75 |
| Diluted EPS | 4.17 | 6.00 | 4.08 | 4.31 | 2.70 |
| Basic average shares | 146.62M | 157.91M | 161.84M | 162.61M | 163.54M |
| Diluted average shares | 146.62M | 157.91M | 161.84M | 162.61M | 163.54M |
| EBITDA | 1.41B | 1.75B | 1.30B | 1.31B | 1.02B |
| Net income from continuing op. | 614.40M | 954.30M | 666.30M | 712.70M | 449.90M |
| Minority interests | -200,000 | 400,000 | 100,000 | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 4.37B | 6.96B | 7.81B | 7.56B | 7.06B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 302.70M | 112.50M | 111.90M | 218.80M | 184.60M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 317.10M | 273.70M | 268.00M | 380.50M | 372.70M |
| Other receivables | 32.20M | 30.70M | 47.30M | 69.60M | 80.60M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 84.50M | 83.70M | 87.80M | 81.20M | 60.90M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | 362.60M | 335.00M | — | 14.10M |
| Hedging assets | — | — | — | — | — |
| Other current assets | 65.20M | 32.00M | 31.40M | 36.40M | 17.80M |
| Non current assets | |||||
| Properties | 296.80M | 246.40M | 284.50M | 335.90M | 257.10M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 1.38B | 1.21B | 1.17B | 1.28B | 1.14B |
| Construction in progress | — | — | — | — | — |
| Leases | 116.50M | 118.30M | 123.90M | 118.30M | 103.90M |
| Accumulated depreciation | -991.70M | -850.90M | -823.30M | -837.00M | -731.90M |
| Goodwill | 3.99B | 3.86B | 4.58B | 9.60B | 9.13B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 471.70M | 504.80M | 482.30M | 1.38B | 1.40B |
| Investments and advances | 231.40M | 229.80M | 216.20M | 192.60M | — |
| Other non current assets | 98.50M | 2.76B | 3.21B | 27.60M | 280.40M |
| Total liabilities | 4.04B | 5.19B | 4.97B | 4.86B | 4.79B |
| Current liabilities | |||||
| Accounts payable | 158.40M | 128.70M | 92.20M | 99.30M | 80.00M |
| Accrued expenses | 182.40M | 164.10M | 169.90M | 308.00M | 295.00M |
| Short term debt | 47.60M | 1.42B | 1.00B | 553.00M | 540.00M |
| Deferred revenue | 375.10M | 321.70M | 347.80M | 466.70M | 440.10M |
| Tax payable | 7.90M | — | 3.00M | 3.80M | 6.80M |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | 282.30M | 232.10M | 600,000 | 129.90M |
| Non current liabilities | |||||
| Long term debt | 3.05B | 2.53B | 2.57B | 2.97B | 2.86B |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 210.10M | 145.60M | 290.30M | 396.90M | 356.00M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 14.60M | 17.90M | 43.30M | 64.70M | 48.80M |
| Shareholders equity | |||||
| Common stock | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
| Retained earnings | 6.42B | 6.00B | 5.24B | 4.76B | 4.23B |
| Other shareholders equity | 58.20M | -731.20M | -394.60M | -375.70M | -486.90M |
| Total shareholders equity | 322.20M | 1.77B | 2.84B | 2.70B | 2.26B |
| Additional paid in capital | 2.87B | 2.72B | 2.61B | 2.49B | 2.37B |
| Treasury stock | 9.04B | 6.24B | 4.64B | 4.18B | 3.85B |
| Minority interest | 12.20M | 18.40M | 26.00M | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||
| Net Income | 614.40M | 954.30M | 666.30M | 712.70M | 449.90M | 598.70M | 555.10M | 591.20M | 507.60M | 400.00M | 348.38M | 329.14M | 282.76M | 242.55M | 126.61M | 158.23M | 150.37M |
| Depreciation | 281.40M | 340.00M | 383.60M | 358.10M | 323.70M | 296.10M | 237.40M | 224.60M | 215.40M | 143.50M | 134.58M | 104.20M | 78.62M | 68.13M | 71.20M | 64.87M | 65.76M |
| Deferred Taxes | 52.70M | -261.00M | 49.80M | 31.10M | -29.30M | 18.30M | -73.60M | 14.80M | -4.10M | 24.60M | 44.14M | 63.26M | 21.32M | 10.29M | 12.19M | 19.90M | -5.70M |
| Stock-Based Compensation | 54.00M | 56.50M | 55.70M | 47.60M | 42.70M | 38.50M | 31.80M | 44.50M | 44.60M | 35.60M | 36.02M | 37.81M | 35.27M | 32.87M | 12.74M | 9.88M | 8.24M |
| Other Non-Cash Items | -18.50M | 1.10M | 1.40M | 1.80M | 3.90M | 4.20M | 4.20M | 5.00M | 12.90M | 2.60M | 3.16M | 2.60M | -992,000 | 1.91M | 80.52M | 1.45M | 5.47M |
| Accounts Receivable | -83.00M | -57.70M | -29.70M | 1.80M | -70.30M | -17.40M | -45.50M | -5.70M | -14.60M | -54.50M | 2.11M | -6.43M | -25.93M | -24.56M | -1.99M | 3.61M | 3.91M |
| Accounts Payable | — | — | — | 24.30M | 150.90M | 58.10M | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 20.00M | 63.80M | -9.10M | -37.00M | 91.70M | -27.60M | 34.10M | -4.30M | 11.40M | 20.00M | 13.65M | -15.49M | 23.66M | 47.83M | 19.74M | -8.23M | 2.92M |
| Operating Cash Flow | 921.00M | 1.10B | 1.12B | 1.14B | 963.20M | 968.90M | 743.50M | 870.10M | 773.20M | 571.80M | 582.03M | 515.10M | 414.71M | 379.02M | 321.02M | 249.70M | 230.97M |
| Investing Activities | |||||||||||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — | — | — | -145.98M | -74.37M | -59.83M | -38.64M | -38.69M | -30.65M | -32.94M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | 2.98B | 578.40M | -314.60M | -347.50M | -703.70M | -153.10M | -914.90M | 640.50M | -2.94B | 116.00M | -703,000 | -806.86M | -141.28M | -205.28M | -68.99M | -18.95M | -50.66M |
| Purchase of Investments | — | — | — | -94.80M | — | — | -300,000 | -300,000 | -200,000 | -5.20M | -5.87M | -4.03M | -1.55M | -516,000 | -575,000 | -6.16M | -44.10M |
| Sale of Investments | — | — | — | — | — | 121.40M | — | 500,000 | 101.20M | 500,000 | 7.48M | 1.93M | 1.73M | 743,000 | 886,000 | 21.72M | 22.87M |
| Investing Cash Flow | 2.98B | 576.10M | -323.60M | -443.80M | -711.10M | -34.40M | -922.30M | 649.70M | -2.84B | 111.30M | -145.63M | -883.58M | -204.13M | -243.41M | -185.34M | -130.47M | -110.83M |
| Financing Activities | |||||||||||||||||
| Long-Term Debt Issuance | 495.20M | — | — | 494.80M | 619.70M | — | — | — | 1.24B | — | — | 347.22M | 696.56M | — | 80.00M | 150.00M | 85.00M |
| Long-Term Debt Payments | -1.39B | -350.00M | -450.00M | -465.00M | -250.00M | -300.00M | — | -770.00M | -340.00M | — | -190.00M | -347.22M | -565.00M | — | -159.24M | -35.29M | -136.01M |
| Other Financing Charges | -37.00M | -35.00M | -30.00M | -58.40M | -27.70M | -18.50M | -11.20M | -8.50M | -32.30M | 14.80M | 102.57M | 50.22M | 42.09M | 25.79M | 15.47M | 55.58M | 12.80M |
| Financing Cash Flow | -5.32B | -1.81B | -1.03B | -998.20M | -291.50M | -1.06B | 327.50M | -1.88B | 2.11B | -603.70M | -554.84M | -102.06M | -643.13M | -144.27M | -169.76M | -143.56M | -348.99M |
| Other Cash Details | |||||||||||||||||
| End Cash Position | 302.70M | 292.70M | 280.30M | 218.80M | 184.60M | 139.50M | 142.30M | 135.10M | 138.30M | 39.30M | 165.80M | 89.82M | 191.60M | 54.97M | 71.53M | 33.19M | 24.05M |
| Income Tax Paid | 276.00M | 324.50M | 175.00M | 156.50M | 139.80M | 103.20M | 186.30M | 289.20M | 158.50M | 205.50M | 126.85M | 47.52M | 117.72M | 113.61M | 111.46M | 99.32M | 94.26M |
| Interest Paid | 111.20M | 134.30M | 129.00M | 134.30M | 119.90M | 125.20M | 113.90M | 116.60M | 106.10M | 67.20M | 75.08M | 60.98M | 48.16M | 32.99M | 34.20M | 28.98M | 22.75M |
| Free Cash Flow | 830.70M | 784.30M | 887.30M | 821.40M | 739.50M | 703.40M | 560.00M | 421.00M | 497.70M | 342.60M | 360.94M | 393.86M | 315.89M | 297.39M | 287.71M | 217.25M | 215.58M |
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