Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $2,785 | $2,999 | $2,497 | $2,681 | $2,882 |
| Gross Profit | $1,791 | $1,941 | $1,672 | $1,805 | $1,981 |
| Operating Income | $1,038 | $1,001 | $1,407 | $1,132 | $1,254 |
| Net Income | $713 | $666 | $954 | $615 | $958 |
Over the five-year period, Verisk Analytics’ revenue showed a modest overall upward trend despite some volatility. Revenues increased from approximately 2,785 million USD in 2020 to about 2,882 million USD in 2024, with a notable dip in 2022 when revenue fell to 2,497 million USD—a decline of roughly 17% from 2021. Gross profit trends broadly mirrored revenue movements, rising steadily from 1,791 million USD in 2020 to 1,981 million USD in 2024, albeit with a dip in 2022. This suggests that while sales volume faced challenges in 2022, the company maintained a healthy margin relative to its costs, reflecting robust cost-control measures. Operating income and net income exhibited more dramatic oscillations. Operating income jumped significantly in 2022, from about 1,001 million USD in 2021 to 1,407 million USD—a surge of over 40%—indicating possible gains from improved operational efficiency or favorable one-time factors. However, this figure fell by nearly 20% the following year in 2023 before partially recovering in 2024. Similarly, net income increased by over 40% in 2022 compared to 2021, reaching approximately 954 million USD, but then experienced a sharp decline of around 35% in 2023, only to rebound in 2024 to levels comparable to 2022. Overall, while Verisk Analytics’ revenue and profitability demonstrate resilience, the pronounced year-over-year swings in operating and net income highlight periods of both operational strength and volatility. Given the company’s strong market positioning in data analytics for insurance and financial services, the financial metrics suggest a solid foundation tempered by occasional cyclical adjustments, inviting a cautious yet positive outlook on long-term sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.