Verisk Analytics Inc (VRSK)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	614,600	501,700	503,700	504,500	953,900	1,034,700	1,047,000	1,003,300	666,200	700,500	684,600	709,600	712,700	668,700	515,800	487,200	449,900	463,900	597,000	600,100
Revenue (ttm)	US$ in thousands	2,577,100	2,105,700	2,168,700	2,240,100	2,359,000	2,906,100	2,924,100	2,925,600	2,872,300	2,815,400	2,753,200	2,681,700	2,665,800	2,626,400	2,581,000	2,558,500	2,476,400	2,316,300	2,293,500	2,272,700
Net profit margin		23.85%	23.83%	23.23%	22.52%	40.44%	35.60%	35.81%	34.29%	23.19%	24.88%	24.87%	26.46%	26.73%	25.46%	19.98%	19.04%	18.17%	20.03%	26.03%	26.40%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $614,600K ÷ $2,577,100K
= 23.85%

The net profit margin of Verisk Analytics Inc has been relatively stable in recent quarters, hovering around the range of 21% to 23%. A noticeable decline in the net profit margin can be observed from Q4 2022 to Q1 2023, dropping from 38.20% to 21.26%. This significant decrease may signal a decrease in the company's profitability during this period. However, the net profit margin has since remained relatively consistent in the low 20% range in the subsequent quarters of 2023. Overall, while there was a notable fluctuation in profitability in the transition from Q4 2022 to Q1 2023, the company has managed to maintain a strong net profit margin throughout the examined quarters.