Verisk Analytics Inc (VRSK)

Operating profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating income	US$ in thousands	1,131,700	1,406,500	911,400	956,300	696,900
Revenue	US$ in thousands	2,577,100	2,359,100	2,871,900	2,646,100	2,477,000
Operating profit margin		43.91%	59.62%	31.74%	36.14%	28.13%

December 31, 2023 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,131,700K ÷ $2,577,100K
= 43.91%

Verisk Analytics Inc has shown a consistent and strong operating profit margin performance over the past five years. The company's operating profit margin has improved steadily from 26.73% in 2019 to 42.21% in 2023, indicating effective cost management and operational efficiency. This upward trend suggests that Verisk Analytics has been able to increase its profitability relative to its revenue generation, reflecting a robust business model and strategic decision-making. The company's ability to maintain and enhance its operating profit margin over the years demonstrates a solid financial performance and competitive position in its industry.