Verisk Analytics Inc (VRSK)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	614,600	953,900	666,200	712,700	449,900
Total assets	US$ in thousands	4,366,100	6,961,100	7,808,100	7,561,800	7,055,200
ROA		14.08%	13.70%	8.53%	9.43%	6.38%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $614,600K ÷ $4,366,100K
= 14.08%

Verisk Analytics Inc's return on assets (ROA) has shown a positive trend over the past five years. The company's ROA has consistently improved from 6.38% in 2019 to 14.08% in 2023. This indicates that the company has been effectively utilizing its assets to generate profits for its shareholders.

The substantial increase in ROA from 2021 to 2023 demonstrates the company's ability to efficiently generate earnings relative to its assets. This improvement may be attributed to effective management of assets, successful cost control measures, or enhanced operational efficiency.

Overall, Verisk Analytics Inc's increasing ROA reflects a positive financial performance and efficiency in utilizing its assets to generate profitability. This trend suggests that the company is effectively managing its resources and maximizing returns for its investors.