Verisk Analytics Inc (VRSK)
Operating return on assets (Operating ROA)
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating income (ttm) | US$ in thousands | 1,131,700 | 1,163,700 | 1,136,200 | 1,077,800 | 1,406,500 | 1,228,700 | 1,264,000 | 1,283,800 | 911,400 | 975,500 | 962,000 | 954,300 | 956,200 | 994,000 | 788,100 | 746,700 | 696,800 | 706,400 | 848,000 | 842,000 |
Total assets | US$ in thousands | 4,366,100 | 4,363,900 | 4,315,700 | 4,190,000 | 6,961,100 | 6,974,600 | 7,508,900 | 8,159,000 | 7,808,100 | 7,662,500 | 7,713,600 | 7,810,500 | 7,561,800 | 7,219,600 | 7,007,900 | 6,928,100 | 7,055,200 | 6,289,100 | 6,234,000 | 6,341,100 |
Operating ROA | 25.92% | 26.67% | 26.33% | 25.72% | 20.21% | 17.62% | 16.83% | 15.73% | 11.67% | 12.73% | 12.47% | 12.22% | 12.65% | 13.77% | 11.25% | 10.78% | 9.88% | 11.23% | 13.60% | 13.28% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,131,700K ÷ $4,366,100K
= 25.92%
Verisk Analytics Inc's operating return on assets (ROA) has exhibited a consistent upward trend throughout the quarters of 2022 and 2023. The operating ROA increased from 12.45% in Q1 2022 to 25.92% in Q4 2023. This indicates that the company has been effectively generating profit from its operational assets over time.
The significant improvement in operating ROA reflects the company's efficient management of its assets to generate profits. Verisk Analytics Inc's ability to maintain a high operating ROA signifies operational efficiency and effectiveness in utilizing its assets to generate income.
The steadily increasing trend in operating ROA indicates the company's focus on improving operational performance and profitability. This positive trend may be attributed to effective cost management, revenue growth, and optimized asset utilization.
Overall, the consistent increase in Verisk Analytics Inc's operating ROA demonstrates the company's ability to generate profit from its operational assets efficiently and indicates a positive outlook for its financial performance.
Peer comparison
Dec 31, 2023