Verisk reported strong financial performance for the fourth quarter and full year 2024. Consolidated revenue reached $736 million for Q4, an 8.6% increase, and $2.88 billion for the full year, a 7.5% increase. Income from continuing operations rose by 11.6% in Q4 and 23.7% for the full year. Adjusted EBITDA increased 9.9% in Q4 and 9.9% for the year, reflecting cost discipline and revenue growth. Diluted EPS from continuing operations was $1.44 in Q4, up 15.2%, and $6.66 for the full year, up 27.6%. Free cash flow grew 2.0% in Q4 and 10.8% for the full year.

Insurance revenues grew 8.6% in Q4, with underwriting up 6.8% and claims up 13.0%. Full-year insurance revenues rose 7.5%, supported by growth in underwriting and claims services. The company sold its Atmospheric and Environmental Research (AER) business in December 2024 for $7.1 million, resulting in a $12.1 million loss.

Net cash provided by operating activities was $1.14 billion for 2024, a 7.9% increase. The company paid a dividend of $0.39 per share in December 2024 and announced a 15% increase to $0.45 per share, payable in March 2025. Verisk repurchased $300 million in shares through an accelerated share repurchase (ASR) program and has $592 million remaining under its current authorization. An additional $1 billion repurchase authorization was approved in February 2025.

For 2025, Verisk projects revenues between $3.03 billion and $3.08 billion, adjusted EBITDA between $1.67 billion and $1.72 billion, and diluted adjusted EPS between $6.80 and $7.10. The company continues investing in high-return opportunities while maintaining shareholder returns through dividends and share repurchases.