Verisk Analytics Inc.
Cash Flow Statement
| Line Item | Jun 2023 | Mar 2023 | Sep 2022 | Jun 2022 | Mar 2022 | Sep 2021 | Jun 2021 | Mar 2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $196.9M | $56.3M | $189.4M | $197.7M | $505.7M | $201.7M | $154.0M | $168.6M |
| Depreciation & Amortization | $46.5M | $44.6M | $51.7M | $49.8M | $49.6M | $52.1M | $53.3M | $48.5M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $18.8M | $17.7M | $18.0M | $18.3M | $21.2M | $37.6M | $50.5M | $45.0M |
| Stock-Based Compensation | $10.0M | $23.9M | $11.3M | $18.4M | $20.5M | $11.2M | $10.8M | $25.4M |
| Net Cash from Operating Activities | $192.9M | $365.3M | $280.2M | $130.2M | $399.6M | $285.2M | $233.2M | $448.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $58.2M | $61.2M | $65.8M | $69.2M | $60.0M | $61.4M | $62.5M | $59.2M |
| Business Acquisitions | — | — | $0 | $3.5M | $445.4M | $17.9M | $17.8M | $13.7M |
| Net Cash from Investing Activities | $-108.3M | $2.97B | $-67.9M | $424.8M | $26.3M | $-87.7M | $-99.8M | $-73.7M |
| Financing Activities | ||||||||
| Dividends Paid | $49.5M | $49.2M | $48.6M | $49.2M | $49.4M | $46.8M | $47.1M | $47.1M |
| Stock Repurchases | $0 | $2.00B | $300.0M | $325.0M | $571.3M | $150.0M | $150.0M | $100.0M |
| Net Cash from Financing Activities | $3.2M | $-3.41B | $-399.8M | $-467.4M | $-293.6M | $-169.2M | $-248.7M | $-199.2M |
| Net Change in Cash | $76.8M | $-60.8M | $-203.9M | $74.7M | $125.7M | $25.8M | $-114.6M | $172.1M |
| Free Cash Flow | $134.7M | $304.1M | $214.4M | $61.0M | $339.6M | $223.8M | $170.7M | $389.5M |
A great business at a fair price is superior to a fair business at a great price.