Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $2,785 | $2,999 | $2,497 | $2,681 | $2,882 |
| Gross Profit | $1,791 | $1,941 | $1,672 | $1,805 | $1,981 |
| Operating Income | $1,038 | $1,001 | $1,407 | $1,132 | $1,254 |
| Net Income | $713 | $666 | $954 | $615 | $958 |
Over the five-year period, Verisk Analytics shows an overall trend of revenue expansion, albeit with some volatility. Revenues increased from USD 2,784.6 million in 2020 to 2,881.7 million in 2024, with a peak in 2021 at 2,998.6 million before a dip in 2022 (2,497 million) and a partial recovery over the following years. Similarly, gross profit followed this undulating trend, rising from 1,790.7 million in 2020 to 1,980.6 million in 2024, with 2021 experiencing the highest gross profit of 1,940.8 million before a notable decline in 2022 (1,672.4 million). Such fluctuations could be indicative of shifts in underlying market demand or cost management practices during these periods. Operating income and net income, however, reveal contrasting dynamics. Operating income experienced a significant swing with a notable jump from USD 1,000.5 million in 2021 to 1,406.5 million in 2022 (over a 40% increase), suggesting possible operational efficiencies or one-time adjustments, before declining to 1,131.7 million in 2023 and recovering to 1,253.9 million in 2024. Net income exhibited a similar pattern: after peaking in 2022 at 953.9 million (a 43% increase over 2021’s 666.2 million), it dropped sharply to 614.6 million in 2023, then returned to a level comparable to 2022 in 2024 (958.2 million). These swings, particularly the strong operational recovery in 2022 followed by the net income dip in 2023, may relate to fluctuating expense lines or tax impacts. Overall, despite intermittent volatility, Verisk Analytics demonstrates resilience and the capacity to rebound, reinforcing a generally healthy financial foundation in the competitive data analytics industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.