Verisk Analytics Inc (VRSK)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,827,500	1,773,400	1,731,900	1,769,800	1,804,900	1,779,100	1,817,300	1,776,500	1,836,100	1,911,700	1,906,800	1,972,100	1,940,800	1,892,900	1,861,900	1,822,300	1,790,700	1,754,800	1,701,900	1,668,800
Revenue (ttm)	US$ in thousands	2,881,700	2,823,300	2,775,600	2,733,800	2,681,400	2,634,600	2,702,300	2,640,100	2,764,000	2,899,600	2,913,300	3,048,000	2,998,600	2,946,000	2,889,700	2,821,000	2,784,700	2,748,100	2,698,100	2,671,900
Gross profit margin		63.42%	62.81%	62.40%	64.74%	67.31%	67.53%	67.25%	67.29%	66.43%	65.93%	65.45%	64.70%	64.72%	64.25%	64.43%	64.60%	64.30%	63.86%	63.08%	62.46%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,827,500K ÷ $2,881,700K
= 63.42%

Verisk Analytics Inc's gross profit margin has shown a generally increasing trend from March 31, 2020, to March 31, 2024, with some fluctuations in between. The margin increased from 62.46% on March 31, 2020, to 67.29% on March 31, 2023, indicating improved efficiency in generating revenue after deducting the cost of goods sold.

However, there was a notable decrease in the gross profit margin to 64.74% on March 31, 2024, followed by a more significant decline to 62.40% on June 30, 2024. This decrease may signal potential issues with managing costs or pricing strategies impacting the company's profitability.

It is essential for Verisk Analytics Inc to analyze the factors contributing to these fluctuations in gross profit margin, such as changes in sales volume, price competition, cost of goods sold, or operational efficiencies, to make informed decisions and maintain a healthy level of profitability in the future.