For the year ending 2025-12-31, VRSK had $1,887,000K increase in cash & cash equivalents over the period. $1,191,900K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 908,300 | 957,500 | 614,400 | 954,300 |
| Depreciation and amortization of fixed assets | 259,200 | 233,600 | 206,800 | 197,100 |
| Amortization of intangible assets | 67,500 | 72,300 | 74,600 | 142,900 |
| Amortization of debt issuance costs and original issue discount, net of original issue premium | -23,100 | -2,600 | -1,500 | -1,100 |
| Provision for doubtful accounts | 17,600 | 13,300 | 8,700 | 7,000 |
| Net loss (gain) on early extinguishment of debt | -15,000 | 3,600 | - | - |
| Loss (gain) on sale of assets, net | - | -12,100 | -131,100 | 393,900 |
| Loss on sale of assets, net | -18,400 | - | - | - |
| Impairment of cost-based investments | 0 | 1,700 | 6,500 | - |
| Stock-based compensation expense | 54,200 | 47,900 | 54,000 | 56,500 |
| Net gain upon settlement of investment in non-public companies | 0 | 100,600 | - | - |
| Impairment of long-lived assets | 2,200 | 7,600 | 0 | 377,400 |
| Deferred income taxes | 41,300 | -20,700 | 52,700 | -261,000 |
| Loss on disposal of fixed assets, net | 0 | -6,500 | -3,800 | -1,100 |
| Gain on lease modification | 0 | 1,900 | - | - |
| Acquisition related liability adjustment | 4,800 | -1,100 | -20,000 | - |
| Other operating | 11,700 | - | - | - |
| Accounts receivable | 1,300 | 116,600 | 83,000 | 57,700 |
| Prepaid expenses and other assets | 2,900 | -19,400 | 56,900 | 8,400 |
| Operating lease right-of-use assets, net | -23,900 | -28,800 | -26,800 | -46,600 |
| Income taxes | -1,400 | 1,600 | -55,800 | 25,600 |
| Acquisition-related liabilities | - | - | - | 0 |
| Accounts payable and accrued liabilities | 47,900 | -60,800 | 46,500 | -21,200 |
| Deferred revenues | -2,000 | 73,100 | 81,200 | 64,500 |
| Operating lease liabilities | -28,100 | -35,000 | -27,100 | -43,900 |
| Other liabilities | 0 | 6,300 | -5,100 | -29,000 |
| Net cash provided by operating activities | 1,436,000 | 1,144,000 | 1,060,700 | 1,059,000 |
| Acquisitions and purchases of controlling interests, net of cash acquired of 8.0, 17.4, and 9.3, respectively | - | - | 83,300 | 448,900 |
| Acquisitions and purchases of controlling interests, net of cash acquired of 4.9, 1.8, and 8.0, respectively | 184,800 | 23,400 | 0 | 0 |
| Proceeds from sale of businesses | 80,000 | 6,400 | 3,066,400 | 1,073,300 |
| Investments in nonpublic companies | - | 1,000 | 2,200 | 46,000 |
| Investments in non-public companies, net | 6,500 | - | - | - |
| Proceeds received upon settlement of investment in non-public companies | 0 | 113,300 | - | - |
| Escrow (funding) release associated with acquisitions | 2,700 | -3,800 | 3,800 | 2,300 |
| Capital expenditures | 244,100 | 223,900 | 230,000 | 274,700 |
| Other investing activities, net | 0 | 0 | 600 | 0 |
| Net cash (used in) provided by investing activities | -358,100 | -124,800 | 2,746,500 | 301,400 |
| Proceeds from (repayment of) short-term debt | 1,497,900 | 0 | -1,265,000 | 380,000 |
| Proceeds from issuance of long-term debt, inclusive of original issue premium and net of original issue discount | 698,300 | 590,200 | 495,200 | 0 |
| Proceeds from issuance of short-term debt with original maturities less than three months | - | 0 | 0 | 400,000 |
| Proceeds from issuance of short-term debt with original maturities greater than three months | - | - | - | 0 |
| Repayment of short-term debt with original maturities greater than three months | - | - | -125,000 | 0 |
| Repayment of current portion of long-term debt | 500,000 | 0 | 0 | 350,000 |
| Payment of debt issuance costs | 25,400 | -5,300 | -6,000 | 0 |
| Payment on early extinguishment of debt | 0 | 396,400 | - | - |
| Repurchases of common stock | 624,000 | 1,005,000 | 2,762,300 | 1,662,500 |
| Treasury stock repurchased not yet settled | 0 | -45,000 | -37,500 | - |
| Payment of excise tax | 7,600 | 25,200 | - | - |
| Net share settlement of taxes from restricted stock and performance share awards | 26,700 | 14,900 | 15,300 | 20,700 |
| Proceeds from stock options exercised | 56,900 | 124,800 | 141,900 | 132,500 |
| Payment of contingent liability related to acquisition | 0 | 8,500 | - | 0 |
| Dividends paid | 251,100 | 221,300 | 196,800 | 195,200 |
| Other financing activities, net | -23,100 | -21,900 | -15,700 | -14,300 |
| Net cash provided by (used in) financing activities | 795,200 | -1,028,500 | -3,786,500 | -1,330,200 |
| Effect of exchange rate changes | 13,900 | -2,200 | -10,700 | -17,800 |
| Increase (decrease) in cash and cash equivalents | 1,887,000 | -11,500 | 10,000 | 12,400 |
| Cash and cash equivalents at beginning of period | 291,200 | 302,700 | 292,700 | - |
| Cash and cash equivalents at end of period | 2,178,200 | 291,200 | 302,700 | - |
Verisk Analytics, Inc. (VRSK)
Verisk Analytics, Inc. (VRSK)