Verisk Analytics Inc (VRSK)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 1,490 | 614,600 | 954,300 | 666,300 | 712,700 |
Revenue | US$ in thousands | 735,600 | 2,681,400 | 2,497,000 | 2,998,600 | 2,784,600 |
Net profit margin | 0.20% | 22.92% | 38.22% | 22.22% | 25.59% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,490K ÷ $735,600K
= 0.20%
Verisk Analytics Inc's net profit margin has shown fluctuations over the years. In December 2020, the net profit margin stood at a healthy 25.59%, indicating that for every dollar of revenue generated, the company was able to retain approximately 25.59 cents as profit after all expenses.
The following year, by December 2021, the net profit margin decreased to 22.22%, signaling a slightly reduced profitability compared to the previous year. However, in December 2022, the company experienced a significant increase in net profit margin, reaching 38.22%. This surge suggests improved efficiency in cost management or increased revenue generation during that period.
Subsequently, by December 2023, the net profit margin declined to 22.92%, indicating a slight decrease in profitability once again. The most recent data point, as of December 2024, shows a sharp decline in the net profit margin to a mere 0.20%. This drastic reduction may raise concerns about the company's profitability and operational efficiency during that period.
Overall, Verisk Analytics Inc's net profit margin has demonstrated variability, with periods of strong performance followed by fluctuations and a significant decline in the most recent period. Further analysis of the company's financial performance and strategic initiatives may be necessary to understand the factors contributing to these fluctuations and to assess the company's future profitability prospects.
Peer comparison
Dec 31, 2024