GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Verisk Analytics Inc (NAS:VRSK) » Definitions » Gross Margin %

Verisk Analytics (Verisk Analytics) Gross Margin %

: 66.60% (As of Dec. 2023)
View and export this data going back to 2009. Start your Free Trial

Gross Margin % is calculated as gross profit divided by its revenue. Verisk Analytics's Gross Profit for the three months ended in Dec. 2023 was $451 Mil. Verisk Analytics's Revenue for the three months ended in Dec. 2023 was $677 Mil. Therefore, Verisk Analytics's Gross Margin % for the quarter that ended in Dec. 2023 was 66.60%.


The historical rank and industry rank for Verisk Analytics's Gross Margin % or its related term are showing as below:

VRSK' s Gross Margin % Range Over the Past 10 Years
Min: 62.53   Med: 64.65   Max: 67.31
Current: 67.31


During the past 13 years, the highest Gross Margin % of Verisk Analytics was 67.31%. The lowest was 62.53%. And the median was 64.65%.

VRSK's Gross Margin % is ranked better than
83.42% of 995 companies
in the Business Services industry
Industry Median: 34.65 vs VRSK: 67.31

Verisk Analytics had a gross margin of 66.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Verisk Analytics was 1.60% per year.


Verisk Analytics Gross Margin % Historical Data

The historical data trend for Verisk Analytics's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Verisk Analytics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.53 65.11 65.33 66.98 67.31

Verisk Analytics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.45 66.82 67.87 67.95 66.60

Competitive Comparison

For the Consulting Services subindustry, Verisk Analytics's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Verisk Analytics Gross Margin % Distribution

For the Business Services industry and Industrials sector, Verisk Analytics's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Verisk Analytics's Gross Margin % falls into.



Verisk Analytics Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Verisk Analytics's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=1804.9 / 2681.4
=(Revenue - Cost of Goods Sold) / Revenue
=(2681.4 - 876.5) / 2681.4
=67.31 %

Verisk Analytics's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=451 / 677.2
=(Revenue - Cost of Goods Sold) / Revenue
=(677.2 - 226.2) / 677.2
=66.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Verisk Analytics  (NAS:VRSK) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Verisk Analytics had a gross margin of 66.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Verisk Analytics Gross Margin % Related Terms

Thank you for viewing the detailed overview of Verisk Analytics's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Verisk Analytics (Verisk Analytics) Business Description

Address
545 Washington Boulevard, Jersey City, NJ, USA, 07310-1686
Verisk Analytics is the leading provider of statistical, actuarial, and underwriting data for the United States' property and casualty insurance industry. Verisk leverages a vast contributory database and proprietary data assets to develop analytical tools helping insurance providers to better assess and price risk, achieve operational efficiency and optimize claim settlement processes. While Verisk also offers tools to quantify costs after loss events occur and to detect fraudulent activity, it is expanding into adjacent markets of life insurance, marketing, and non-U.S. operations.
Executives
Nicholas Daffan officer: Chief Information Officer C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Samuel G Liss director VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Bruce Edward Hansen director 17732 VINEYARD LANE, POWAY CA 92064
Wendy E Lane director
David J. Grover officer: Chief Accounting Officer C/O VERISK ANALYSIS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Christopher M Foskett director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
David B Wright director C/O EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Kathy Card Beckles officer: EVP, Gen Counsel and Corp Sec C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 073I0
Elizabeth Mann officer: Chief Financial Officer C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Olumide Soroye director 6920 SEAWAY BLVD., EVERETT WA 98203
Lee Shavel officer: EVP and CFO ONE LIBERTY PLAZA, NEW YORK NY 10006
Jeffrey J Dailey director 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Kimberly S Stevenson director 199 FREMONT STREET, 7TH FLOOR, SAN FRANCISCO CA 94105
Scott G Stephenson officer: EVP & COO C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686