Verisk Analytics Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
VRSK$200.60-2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| (in millions, except per share amounts and number of shares) | |||
| Revenues | $2,881.7 | $2,681.4 | $2,497.0 |
| Operating expenses: | |||
| Cost of revenues (exclusive of items shown separately below) | 901.1 | 876.5 | 824.6 |
| Selling, general and administrative | 408.7 | 391.8 | 381.5 |
| Depreciation and amortization of fixed assets | 233.6 | 206.8 | 164.2 |
| Amortization of intangible assets | 72.3 | 74.6 | 74.4 |
| Other operating loss (income) | 12.1 | - | (354.2) |
| Total operating expenses | 1,627.8 | 1,549.7 | 1,090.5 |
| Operating income | 1,253.9 | 1,131.7 | 1,406.5 |
| Other expense: | |||
| Net gain on early extinguishment of debt | 3.6 | - | - |
| Investment income (loss) and others, net | 95.7 | 11.0 | (5.3) |
| Interest expense, net | (124.6) | (115.5) | (138.8) |
| Total other expense, net | (25.3) | (104.5) | (144.1) |
| Income from continuing operations before income taxes | 1,228.6 | 1,027.2 | 1,262.4 |
| Provision for income taxes | (277.9) | (258.8) | (220.3) |
| Income from continuing operations | 950.7 | 768.4 | 1,042.1 |
| Gain (loss) from discontinued operations, net of tax benefit (expense) of $6.8, $(12.6) and $131.5, respectively (Note 11) | 6.8 | (154.0) | (87.8) |
| Net income | 957.5 | 614.4 | 954.3 |
| Less: Net loss (income) attributable to noncontrolling interests | 0.7 | 0.2 | (0.4) |
| Net income attributable to Verisk | $958.2 | $614.6 | $953.9 |
| Basic net income per share attributable to Verisk: | |||
| Income from continuing operations | $6.69 | $5.24 | $6.60 |
| Income (loss) from discontinued operations | 0.05 | (1.05) | (0.56) |
| Basic net income per share attributable to Verisk: | $6.74 | $4.19 | $6.04 |
| Diluted net income per share attributable to Verisk: | |||
| Income from continuing operations | $6.66 | $5.22 | $6.55 |
| Income (loss) from discontinued operations | 0.05 | (1.05) | (0.55) |
| Diluted net income per share attributable to Verisk: | $6.71 | $4.17 | $6.00 |
| Weighted average shares outstanding: | |||
| Basic | 142,154,655 | 146,623,989 | 157,905,718 |
| Diluted | 142,842,261 | 147,336,159 | 158,928,942 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.