Verisk Analytics, Inc. (VRSK) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments18514014613914243170
Cash and cash equivalents18514014213513839166
Short-term investments  43444
Receivables468390374313369286159
Prepaid expense61643829413126
Disposal group, including discontinued operation14      
Assets held-for-sale14
Income taxes receivable67
Other current assets18513920531935
Other undisclosed current assets     55
Total current assets:745645598501605384475
Noncurrent Assets
Operating lease, right-of-use asset219
Property, plant and equipment548556478380418302233
Long-term investments and receivables   10 84
Long-term investments   10 84
Intangible assets, net (including goodwill)5,2634,5894,7143,5894,5121,6141,629
Goodwill3,8643,3623,3692,5783,1351,2071,182
Intangible assets, net (excluding goodwill)1,3991,2281,3451,0111,377406448
Disposal group, including discontinued operation, noncurrent assets111     
Deferred income tax assets10
Other noncurrent assets160100215126492620
Assets held-for-sale, long lived86
Defined benefit plan, assets for plan benefits20331961
Deferred tax assets, net     (199)
Other undisclosed noncurrent assets 11166 (8)195
Total noncurrent assets:6,3105,2565,4234,1305,0111,9612,030
TOTAL ASSETS:7,0555,9006,0204,6315,6162,3452,504
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:375264225183246181188
Employee-related liabilities147131115891018879
Taxes payable753    
Interest and dividends payable191718171916 
Other undisclosed accounts payable and accrued liabilities202110897812677109
Debt4996737241078753364
Disposal group, including discontinued operation19     9
Deferred revenue and credits385331357253227
Other liabilities     8781
Other undisclosed current liabilities599388312(86)(79)
Total current liabilities:1,4921,3251,3386221,479771431
Noncurrent Liabilities
Long-term debt and lease obligation, including:2,6522,0512,2842,2802,2931,1011,271
Capital lease obligations2087256
Operating lease, liability208
Other undisclosed long-term debt and lease obligation2,4442,0312,2772,2732,2911,0961,265
Liabilities, other than long-term debt506104361258471465467
Deferred revenue and credits   2212
Pension and other postretirement defined benefit plans, liabilities15
Accounts payable and accrued liabilities  225183 181188
Accrued income taxes12
Deferred revenue64
Deferred tax liabilities, net   396203199
Deferred income tax liabilities356
Liability, pension and other postretirement and postemployment benefits   141516
Disposal group, including discontinued operation, liabilities38     5
Other liabilities4910413561604336
Other undisclosed noncurrent liabilities145351112139 (203)(213)
Total noncurrent liabilities:3,3032,5052,7572,6772,7651,3631,526
Total liabilities:4,7943,8304,0953,2994,2442,1341,957
Stockholders' equity
Stockholders' equity attributable to parent, including:2,2612,0711,9251,3321,372211548
Common stock00000  
Treasury stock, value(3,850)(3,563)(3,151)(2,891)(2,571)(2,534)(1,865)
Additional paid in capital2,3692,2832,1802,1222,0231,1711,202
Accumulated other comprehensive loss(487)(592)(412)(651)(242)(81)(43)
Retained earnings4,2283,9433,3082,7532,1621,6541,254
Unearned esop shares     (0)(0)
Other undisclosed stockholders' equity attributable to parent     00
Total stockholders' equity:2,2612,0711,9251,3321,372211548
TOTAL LIABILITIES AND EQUITY:7,0555,9006,0204,6315,6162,3452,504

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues2,6072,3952,1451,9952,0681,7441,596
Revenue, net2,1451,9952,0681,7471,596
Cost of revenue(977)(886)(886)(807)(898)(745)(662)
Cost of goods and services sold  (784)(714)(803)(717)(623)
Gross profit:1,6301,5091,2601,1881,170999934
Operating expenses(742)(544)(458)(421)(433)(341)(320)
Other undisclosed operating income (loss)(192)(131)   3 
Operating income:697834801768737660614
Nonoperating income (expense)(6)159617(70)(76)
Investment income, nonoperating 15961701
Other nonoperating expense(6)      
Interest and debt expense(127)(130)(119)(120)(1)(70)(76)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes5   (36)7076
Income from continuing operations before income taxes:568720691654717591539
Income tax expense(119)(121)(136)(202)(210)(220)(196)
Income from continuing operations:450599555452508371342
Income from discontinued operations   140 296
Net income available to common stockholders, diluted:450599555591508400348

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:450599555591508400348
Other comprehensive income (loss)105(179)239(409)(162)(37)46
Comprehensive income, net of tax, attributable to parent:555420794182346363394

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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