VRSK Verisk Analytics, Inc.

Overview and Growth

Verisk Analytics, Inc. generated $3.07B of revenue in fiscal 2025, with net income of $908.30M and an operating cash inflow of $1.44B. Revenue of $3.07B sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 6.6% from $2.88B in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $6.48, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 3.4% from $6.71 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Revenue equaled 0.5x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $2.15B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross profit represented 69.9% of revenue, showing how much of the top line remained after direct costs. The reported operating result was $1.34B, capturing profitability after direct costs and the operating expenses reflected in the statements. Relative to revenue, operating income represented 43.7%, showing how efficiently sales converted into operating profit. Net income came to $908.30M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 29.6% margin after operating costs and the remaining recognized items. Pretax income was $1.17B, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Measured against revenue, pretax income equaled 38.1%, adding a pre-tax profitability layer between revenue and net income. The company recognized $263.00M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 22.5% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

At period end, the $6.20B asset base was financed through $5.89B of liabilities and $309.80M of equity. Current assets were $2.77B against $2.30B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.2x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $2.18B, separating immediately recognizable cash resources from the rest of the current-asset base. Cash and equivalents represented 94.7% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $6.28B, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 20.28x, placing the company’s financial leverage in clear balance-sheet terms. The debt-to-assets relationship was 101.4%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 95.0%, placing reported obligations against the full positive asset balance. The cash-to-assets relationship was 35.2%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

The company reported $1.44B of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 1.58x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $244.10M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 17.0%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $1.19B of positive free cash flow for the period. Free cash flow represented 38.8% of revenue, linking post-investment cash generation with the company’s operating scale. Measured against total assets, free cash flow represented 19.2%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.