Friday 6 November 2026
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Verisk Analytics, Inc.
VRSK Industrials Consulting Services
Verisk Analytics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 6.63% from fiscal 2024.
- Revenue
- +5.30%
- EPS
- +4.94%
- Free cash flow
- −40.5%
- Total debt
- −4.72%
Quarter to September 2026, against a year earlier
211.01
13.16
+6.65%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 1,995 | 2,145 | 2,395 | 2,607 | 2,269 | 2,463 | 2,497 | 2,681 | 2,882 | 3,073 | 3,177 | +4.9% | 3,219 | 3,436 | 3,668 | +6.1% | |
| Gross margin, % | 64.19 | 63.46 | 63.00 | 62.53 | 65.11 | 65.33 | 66.98 | 67.31 | 68.73 | 69.88 | 70.17 | +5.7 pt | ||||||
| EBT | 654 | 691 | 720 | 568 | 818 | 787 | 1,262 | 1,027 | 1,229 | 1,171 | 1,152 | +6.7% | ||||||
| EBT margin, % | 32.76 | 32.21 | 30.05 | 21.80 | 36.06 | 31.94 | 50.56 | 38.31 | 42.63 | 38.12 | 36.25 | +5.4 pt | ||||||
| Net income | 591 | 555 | 599 | 450 | 713 | 666 | 954 | 614 | 958 | 908 | 879 | +4.9% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 11.86 | 12.99 | 14.53 | 15.94 | 13.96 | 15.22 | 15.81 | 18.29 | 20.27 | 22.00 | 24.60 | +7.1% | |||||
| Earnings | 3.51 | 3.36 | 3.63 | 2.75 | 4.38 | 4.12 | 6.04 | 4.19 | 6.74 | 6.50 | 6.60 | +7.1% | ||||||
| Cash flow | 3.43 | 4.50 | 5.67 | 5.85 | 6.57 | 7.14 | 6.71 | 7.23 | 8.05 | 10.28 | 10.59 | +13.0% | ||||||
| Capex | (0.93) | (1.11) | (1.40) | (1.33) | (1.38) | (1.66) | 5.06 | (1.57) | (1.57) | (1.75) | (2.06) | +7.3% | ||||||
| Free cash flow | 2.50 | 3.39 | 4.27 | 4.52 | 5.19 | 5.48 | 11.76 | 5.67 | 6.47 | 8.53 | 8.52 | +14.6% | ||||||
| Book value | 7.92 | 11.66 | 12.56 | 13.82 | 16.59 | 17.56 | 11.19 | 2.20 | 0.74 | 2.22 | (8.62) | (13.2%) | ||||||
| Shares, m | 168 | 165 | 165 | 164 | 163 | 162 | 158 | 147 | 142 | 140 | 134 | (2.0%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 23.10 | 28.61 | 29.96 | 54.31 | 47.50 | 55.52 | 29.56 | 56.39 | 40.87 | 34.36 | 31.97 | 40.0 | |||||
| P/S | 6.86 | 7.38 | 7.50 | 9.37 | 14.87 | 15.03 | 11.21 | 13.01 | 13.59 | 10.17 | 8.58 | 10.9 | ||||||
| P/B | 10.27 | 8.22 | 8.68 | 10.80 | 12.51 | 13.02 | 15.84 | 108.30 | 372.89 | 100.85 | 0.00 | 66.1 | ||||||
| EV/Sales | 7.98 | 8.71 | 8.58 | 10.51 | 16.19 | 16.33 | 12.67 | 13.97 | 14.55 | 11.00 | 9.82 | 12.0 | ||||||
| EV/FCF | 37.84 | 33.38 | 29.22 | 37.04 | 43.52 | 45.33 | 17.03 | 45.09 | 45.56 | 28.36 | 28.34 | 36.2 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 578 | 744 | 934 | 956 | 1,068 | 1,156 | 1,059 | 1,061 | 1,144 | 1,436 | 1,367 | +10.7% | |||||
| Capex | (156) | (183) | (231) | (217) | (224) | (268) | 799 | (230) | (224) | (244) | (266) | +5.1% | ||||||
| Free cash flow | 421 | 560 | 703 | 740 | 845 | 887 | 1,858 | 831 | 920 | 1,192 | 1,100 | +12.3% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (121) | (740) | (680) | (747) | (637) | (941) | (1,394) | 39 | (327) | 465 | 74 | n/m | |||||
| Net debt | 2,249 | 2,867 | 2,584 | 2,966 | 2,995 | 3,202 | 3,624 | 2,564 | 2,770 | 2,559 | 3,939 | +1.4% | ||||||
| Shareholders’ equity | 1,332 | 1,925 | 2,071 | 2,261 | 2,698 | 2,843 | 1,768 | 322 | 105 | 310 | (1,113) | (15.0%) | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 11.56 | 10.42 | 10.04 | 6.95 | 9.75 | 8.67 | 12.92 | 10.85 | 22.20 | 17.37 | 16.31 | +5.8 pt | |||||
| ROIC | 13.40 | 10.45 | 11.20 | 8.33 | 10.50 | 9.42 | 16.31 | 24.51 | 27.26 | 29.28 | 30.86 | +15.9 pt | ||||||
| ROE | 43.72 | 34.08 | 29.96 | 20.77 | 28.74 | 24.05 | 41.38 | 58.82 | 448.60 | 437.95 | (238.91) | +394.2 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 6,314 | 7,304 | 8,184 | 9,300 | 8,960 | 9,367 | 7,000 | 7,500 | 7,800 | 8,000 | — | +2.7% | |||||
| Revenue/emp, $m | 0.32 | 0.29 | 0.29 | 0.28 | 0.25 | 0.26 | 0.36 | 0.36 | 0.37 | 0.38 | — | +2.2% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026
Business profile
Where the money comes from and where it goes Fiscal 2025
| UNITED STATES | 2,522 | 82.09% |
|---|---|---|
| Other Countries | 300 | 9.77% |
| UNITED KINGDOM | 250 | 8.14% |
| Gross margin | 69.88% | |
| Operating margin | 43.74% | |
| Pre-tax margin | 38.12% |
Verisk Analytics, Inc. vs peers in Consulting Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| VRSK Verisk Analytics, Inc. | $27.5B | 32.0× | 27.3× | +5.30% (above 0%: growing) | +4.94% (above 0%: growing) | −40.49% (below 0%: shrinking) | 70.09% | 45.15% | |
| EFX Equifax, Inc. | $22.7B | 31.3× | 28.3× | +9.55% (above 0%: growing) | +38.46% (above 0%: growing) | −0.23% (below 0%: shrinking) | 55.55% | 20.99% | Compare |
| BAH Booz Allen Hamilton Holding Corporation | $10.6B | 13.8× | 14.9× | −3.88% (below 0%: shrinking) | +5.63% (above 0%: growing) | −33.42% (below 0%: shrinking) | 52.02% | 8.82% | Compare |
| FCN FTI Consulting, Inc. | $5.3B | 24.1× | 23.1× | +5.90% (above 0%: growing) | −9.79% (below 0%: shrinking) | −2.69% (below 0%: shrinking) | 34.64% | 8.87% | Compare |
| HURN Huron Consulting Group Inc. | $2.8B | 25.7× | 25.7× | +11.37% (above 0%: growing) | +1.98% (above 0%: growing) | −42.44% (below 0%: shrinking) | 32.24% | 11.97% | Compare |
| ICFI ICF International, Inc. | $1.7B | 17.8× | 16.2× | +1.09% (above 0%: growing) | +37.21% (above 0%: growing) | −29.12% (below 0%: shrinking) | 38.08% | 0.00% | Compare |
| CRAI Charles River Associates | $1.3B | 24.9× | 24.2× | +15.61% (above 0%: growing) | +27.49% (above 0%: growing) | +103.95% (above 0%: growing) | 29.10% | 11.12% | Compare |
| SBC SBC Medical Group Holdings Incorporated | $516.3M | 10.7× | 11.3× | +13.44% (above 0%: growing) | +400.00% (above 0%: growing) | +396.07% (above 0%: growing) | 73.14% | 38.55% | Compare |
| ROMA Roma Green Finance Limited | $373.5M | — | — | — | — | +20.80% (above 0%: growing) | — | — | Compare |
| Median of peers | $2.2B | 24.1× | 23.1× | +9.55% | +27.49% | −1.46% | 38.08% | 11.12% |
From the latest earnings call
- CEO Lee Shavel said lighter weather reduced demand among contractor and adjuster clients, contributing to collection pressure and bankruptcies among a small number of customers.
- CFO Elizabeth Mann said Verisk maintained its 2026 outlook, with elongated sales cycles and lighter weather likely to keep results toward the midpoint.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
97.85%
Held by the ten largest
47.02%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| Vanguard | 16.25m | 12.49% | −775.72k |
| BlackRock | 10.32m | 7.93% | −1.56m |
| AllianceBernstein | 6.01m | 4.62% | −1.23m |
| State Street | 5.77m | 4.43% | −251.28k |
| Capital Group | 5.39m | 4.14% | −871.26k |
| BAMCO INC /NY/ | 4.70m | 3.61% | +2.19m |
| Morgan Stanley | 4.60m | 3.53% | −88.28k |
| Geode Capital Management | 4.00m | 3.07% | −271.32k |
| MFS Investment Management | 2.21m | 1.70% | −329.33k |
| UBS | 1.94m | 1.49% | −32.97k |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Verisk Analytics, Inc. (VRSK) Latest News
5 Nov
28 Oct
23 Oct
13 Oct
4 Oct
29 Sep
VRSK metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Verisk Analytics provides data, analytics and technology to insurers and other participants in the insurance market. Its customers use its services to assess risks, develop and price policies, process claims and meet reporting requirements. Founded in 1971, the company is headquartered in Jersey City. Lee M. Shavel is its president and chief executive officer.
Verisk operates in one segment, Insurance. Much of its work serves property and casualty insurers, which cover risks such as damage to homes, vehicles and businesses. Its underwriting services help insurers decide which risks to cover and how to price them. These include policy language, estimates of future losses, property information and statistical analysis.