Verisk Analytics Inc (VRSK)
Return on assets (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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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 |
ROA | 14.08% | 11.50% | 11.67% | 12.04% | 13.70% | 14.84% | 13.94% | 12.30% | 8.53% | 9.14% | 8.88% | 9.09% | 9.43% | 9.26% | 7.36% | 7.03% | 6.38% | 7.38% | 9.58% | 9.46% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $614,600K ÷ $4,366,100K
= 14.08%
Verisk Analytics Inc's return on assets (ROA) has shown some fluctuations over the past eight quarters. ROA measures the company's ability to generate profits from its assets. In Q4 2023, Verisk's ROA was 14.08%, which was higher compared to the previous quarter's 11.50% in Q3 2023. This improvement indicates that the company was more effective in utilizing its assets to generate profits in Q4 2023.
Looking at the trend over the last eight quarters, Verisk's ROA has generally remained above 10%, which suggests that the company has been consistently generating good returns from its assets. Q3 2022 saw the highest ROA at 14.84%, indicating exceptional asset utilization during that period.
Overall, Verisk Analytics Inc appears to have a solid performance in terms of generating returns from its assets, with fluctuations in ROA reflective of changes in the company's profitability and asset efficiency over the analyzed period.
Peer comparison
Dec 31, 2023