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Jun 30, 2022

Verisk Q2 2022 Earnings Report

Verisk's financial performance remained stable, marked by solid organic constant currency revenue growth and progress on business portfolio mix and EBITDA margin objectives.

Key Takeaways

Verisk reported consolidated revenues of $746.3 million, a slight decrease of 0.2%, but an increase of 5.3% on an organic constant currency basis. Net income attributable to Verisk was $197.7 million, up 28.4%, and diluted EPS was $1.24, up 31.9%.

Consolidated revenues decreased slightly by 0.2%, but increased by 5.3% on an organic constant currency basis.

Net income attributable to Verisk increased by 28.4%.

Diluted GAAP earnings per share increased by 31.9% to $1.24.

The company repurchased $325.0 million of its shares during the quarter.

Total Revenue
$746M
Previous year: $748M
-0.2%
EPS
$1.53
Previous year: $1.17
+30.8%
Organic Constant Currency Revenue Growth
5.3%
Previous year: 6.3%
-15.9%
Gross Profit
$417M
Previous year: $483M
-13.5%
Cash and Equivalents
$481M
Previous year: $276M
+74.0%
Free Cash Flow
$61M
Previous year: $171M
-64.3%
Total Assets
$7.51B
Previous year: $7.71B
-2.7%

Verisk

Verisk

Forward Guidance

No specific forward guidance was provided in the release.