How did Verisk's revenue and expenses trend in Q4 2024?
4/14/2025 05:19pm
Verisk Analytics Inc. (VRSK) demonstrated robust revenue growth and managed expenses effectively in Q4 2024, reflecting strong financial performance and operational efficiency.
1. **Revenue Trend**: Verisk's revenue for Q4 2024 was $2.88 billion. This is a strong indicator of the company's ability to generate income from its business segments, particularly Insurance and Underwriting.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|VRSK|VRSK.O|Verisk Analytics|20240101-2024|Insurance|2.8817E9|185|
|VRSK|VRSK.O|Verisk Analytics|20240101-2024|Insurance|2.1461E9|185|
|VRSK|VRSK.O|Verisk Analytics|20240101-2024|Insurance|1.4208E9|185|
|VRSK|VRSK.O|Verisk Analytics|20240101-2024|Insurance|7.04E8|185|
|VRSK|VRSK.O|Verisk Analytics|20240101-2024|Insurance|7.04E8|185|
2. **Net Income**: The company reported a net income of $210.3 million for Q4 2024. This figure underscores Verisk's profitability during the period, which is a testament to its effective cost management and operational performance.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|VRSK|VRSK.O|Verisk Analytics|2023 Q4|183.98692810457516|1.738E8|185|
|VRSK|VRSK.O|Verisk Analytics|2024 Q1|289.0070921985815|2.194E8|185|
|VRSK|VRSK.O|Verisk Analytics|2024 Q2|56.40243902439024|3.078E8|185|
|VRSK|VRSK.O|Verisk Analytics|2024 Q3|17.395944503735326|2.2E8|185|
3. **Expense Management**: Verisk's financial statements do not provide a detailed breakdown of expenses. However, the company's net income of $210.3 million suggests that expenses were well-managed to support the revenue growth. The adjusted EBITDA margin improved to 55.2% in Q3 2024, up 120 basis points from the prior year, indicating efficient cost management and strong revenue growth.
In conclusion, Verisk's revenue trend in Q4 2024 was positive, with the company reporting strong revenue growth. The net income figure and the improvement in adjusted EBITDA margin suggest that Verisk managed its expenses effectively, contributing to the overall financial strength and performance.