Verisk Analytics, Inc. (VRSK) financial statements (2021 and earlier)

Company profile

Business Address 545 WASHINGTON BOULEVARD
JERSEY CITY, NJ 07310-1686
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments21918514014613914243
Cash and cash equivalents21918514014213513839
Short-term investments   4344
Receivables458468390374313369286
Prepaid expense81616438294131
Disposal group, including discontinued operation 14     
Other current assets36185139205319
Other undisclosed current assets      5
Total current assets:794745645598501605384
Noncurrent Assets
Operating lease, right-of-use asset268219
Property, plant and equipment632548556478380418302
Long-term investments and receivables    10 8
Long-term investments    10 8
Intangible assets, net (including goodwill)5,4935,2634,5894,7143,5894,5121,614
Goodwill4,1083,8643,3623,3692,5783,1351,207
Intangible assets, net (excluding goodwill)1,3851,3991,2281,3451,0111,377406
Disposal group, including discontinued operation, noncurrent assets 111     
Deferred income tax assets910
Other noncurrent assets3661601002151264926
Defined benefit plan, assets for plan benefits203319
Other undisclosed noncurrent assets  11166 (8)
Total noncurrent assets:6,7686,3105,2565,4234,1305,0111,961
TOTAL ASSETS:7,5627,0555,9006,0204,6315,6162,345
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:407375264225183246181
Employee-related liabilities1591471311158910188
Taxes payable4753   
Interest and dividends payable21191718171916
Other undisclosed accounts payable and accrued liabilities224202110897812677
Deferred revenue467 
Debt514499673724107875336
Disposal group, including discontinued operation 19     
Business combination, contingent consideration, liability1      
Deferred revenue and credits385331357253
Other liabilities      87
Other undisclosed current liabilities43599388312(86)
Total current liabilities:1,4311,4921,3251,3386221,479771
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,7002,6522,0512,2842,2802,2931,101
Finance lease, liability10 
Capital lease obligations208725
Operating lease, liability272208
Other undisclosed long-term debt and lease obligation2,4182,4442,0312,2772,2732,2911,096
Liabilities, other than long-term debt536506104361258471465
Deferred revenue and credits   22
Accounts payable and accrued liabilities   225183 181
Deferred revenue7464
Deferred tax liabilities, net   396203
Deferred income tax liabilities397356
Liability, pension and other postretirement and postemployment benefits    141516
Disposal group, including discontinued operation, liabilities 38     
Other liabilities6549104135616043
Business combination, contingent consideration, liability0      
Other undisclosed noncurrent liabilities198145351112139 (203)
Total noncurrent liabilities:3,4333,3032,5052,7572,6772,7651,363
Total liabilities:4,8644,7943,8304,0953,2994,2442,134
Stockholders' equity
Stockholders' equity attributable to parent, including:2,6982,2612,0711,9251,3321,372211
Common stock000000 
Treasury stock, value(4,179)(3,850)(3,563)(3,151)(2,891)(2,571)(2,534)
Additional paid in capital2,4912,3692,2832,1802,1222,0231,171
Accumulated other comprehensive loss(376)(487)(592)(412)(651)(242)(81)
Retained earnings4,7624,2283,9433,3082,7532,1621,654
Unearned esop shares      (0)
Other undisclosed stockholders' equity attributable to parent      0
Total stockholders' equity:2,6982,2612,0711,9251,3321,372211
TOTAL LIABILITIES AND EQUITY:7,5627,0555,9006,0204,6315,6162,345

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues2,7852,6072,3952,1451,9952,0681,744
Revenue, net2,1451,9952,0681,747
Cost of revenue(994)(977)(886)(886)(807)(898)(745)
Cost of goods and services sold   (784)(714)(803)(717)
Gross profit:1,7911,6301,5091,2601,1881,170999
Operating expenses(414)(742)(544)(458)(421)(433)(341)
Other operating income, net19      
Other undisclosed operating income (loss)(358)(192)(131)   3
Operating income:1,038697834801768737660
Nonoperating income (expense)(141)(6)159617(70)
Investment income, nonoperating  1596170
Other nonoperating expense (6)     
Interest and debt expense(138)(127)(130)(119)(120)(1)(70)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes1385   (36)70
Income from continuing operations before income taxes:898568720691654717591
Income tax expense(185)(119)(121)(136)(202)(210)(220)
Income from continuing operations:713450599555452508371
Income from discontinued operations    140 29
Net income available to common stockholders, diluted:713450599555591508400

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:713450599555591508400
Other comprehensive income (loss)111105(179)239(409)(162)(37)
Comprehensive income, net of tax, attributable to parent:824555420794182346363

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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