Verisk Analytics Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.50B | $2.20B | $1.93B | $1.65B | $1.42B | $1.25B | $1.09B | $930.4M |
| Decision Analytics | $1.62B | $1.45B | $1.29B | $1.09B | $948.4M | $830.6M | $713.8M | $595.6M |
| Health | $873.7M | $753.8M | $642.5M | $561.7M | $472.9M | $423.8M | $375.9M | $334.8M |
| Cost of Revenue | $886.2M | $783.8M | $714.4M | — | — | — | — | — |
| Gross Profit | $1.61B | $1.42B | $1.22B | — | — | — | — | — |
| Gross Margin | 64.5% | 64.4% | 63.0% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $45.1M | $37.4M | $27.4M | $20.6M | $25.6M | $21.4M | $18.4M | $15.4M |
| SG&A Expense | $378.7M | $322.8M | $301.6M | $278.3M | $187.3M | $229.0M | $220.1M | $199.5M |
| Operating Income | $834.1M | $801.2M | $767.6M | $703.4M | $632.3M | $614.3M | $572.2M | $481.2M |
| Operating Margin | 33.4% | 36.4% | 39.7% | 42.7% | 44.5% | 49.0% | 52.5% | 51.7% |
| Interest Expense | $129.7M | $119.4M | $120.0M | $121.4M | $70.0M | $76.1M | $72.5M | $53.8M |
| Pretax Income | $719.7M | $691.0M | $653.7M | $684.1M | $562.5M | $538.7M | $499.8M | $428.2M |
| Income Tax Expense | $121.0M | $135.9M | $202.2M | $196.6M | $208.5M | $196.4M | $182.4M | $165.7M |
| Net Income | $598.7M | $555.1M | $591.2M | $507.6M | $400.0M | $348.4M | $329.1M | $282.8M |
| Net Margin | 24.0% | 25.2% | 30.6% | 30.8% | 28.1% | 27.8% | 30.2% | 30.4% |
| EPS (Basic) | $3.63 | $3.36 | $3.51 | $3.07 | $2.41 | $2.07 | $1.98 | $1.70 |
| EPS (Diluted) | $3.56 | $3.29 | $3.45 | $3.01 | $2.37 | $2.02 | $1.92 | $1.63 |
| Shares Outstanding (Basic) | 164.8M | 165.2M | 168.2M | 165.1M | 165.8M | 168.0M | 165.9M | 166.0M |
| Shares Outstanding (Diluted) | 168.3M | 168.7M | 171.2M | 168.5M | 169.1M | 172.3M | 171.7M | 173.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |
Invert, always invert.