Verisk Analytics (VRSK) FY2021 results: revenue $2.5 billion, up 8.5% on the year
Verisk Analytics, Inc. (VRSK) reported revenue of $2.5 billion for fiscal 2021, the year ended 31 December 2021, up 8.5% on the year before. Net income was $666 million, down 6.5%, and diluted earnings per share $4.08. The figures are the company's own, from the 10-K it filed with the SEC on 22 February 2022.
Revenue
$2.5 billion
+8.5% on the year
FY2016FY2021
Operating margin
37.0%
42.1% a year earlier
FY2016FY2021
Net income
$666 million
-6.5% on the year
FY2016FY2021
Diluted EPS
$4.08
-5.3% on the year
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,156
1,068
956
+8.2%
Capital expenditure
268
247
217
+8.8%
Free cash flow
887
821
740
+8.0%
Free cash flow margin
36.0%
36.2%
28.4%
Cash from investing
-592
-596
-928
Cash from financing
-499
-445
10.9
Depreciation and amortisation
207
192
186
+7.6%
Share-based compensation
55.7
47.6
42.7
+17.0%
Buybacks
475
349
300
+36.2%
Dividends paid
188
176
164
+7.1%
Diluted shares, weighted
163m
165m
167m
-1.2%
Shares outstanding at period end
162m
163m
163m
-0.7%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
2,816
2,698
2,261
+4.4%
Non-controlling interest
26.0
0.0
n/a
Short-term borrowings
n/a
n/a
499
Debt
3,324
3,225
3,153
+3.1%
Operating lease liabilities
231
272
208
-14.8%
Finance lease liabilities
n/a
10.3
3.3
Other liabilities
1,411
1,357
931
+4.0%
Total liabilities and equity
7,808
7,562
7,055
+3.3%
Fixed assets
531
632
548
-16.0%
Goodwill
2,048
1,821
3,864
+12.4%
Intangible assets
482
1,385
1,399
-65.2%
Cash and equivalents
112
219
185
-48.9%
Receivables
300
432
442
-30.6%
Other assets
4,335
3,072
618
+41.1%
Total assets
7,808
7,562
7,055
+3.3%
10-K for the year ended 31 December 2021, filed 22 February 2022: the filing.