Tearsheet

Verisk Analytics (VRSK)


Market Price (2/6/2026): $184.68 | Market Cap: $25.8 Bil
Sector: Industrials | Industry: Research & Consulting Services

Verisk Analytics (VRSK)


Market Price (2/6/2026): $184.68
Market Cap: $25.8 Bil
Sector: Industrials
Industry: Research & Consulting Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 44%
Weak multi-year price returns
2Y Excs Rtn is -63%, 3Y Excs Rtn is -63%
Expensive valuation multiples
P/SPrice/Sales ratio is 8.5x
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%
  Key risks
VRSK key risks include [1] intense competition requiring continuous technological innovation to maintain market leadership and [2] a significant dependence on the cyclical economic health of the insurance industry.
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28%
  
3 Low stock price volatility
Vol 12M is 26%
  
4 Megatrend and thematic drivers
Megatrends include AI in Financial Services, Cloud Computing, and Sustainable Finance. Themes include AI for Fraud Detection, Show more.
  
0 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 44%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 44%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 37%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28%
3 Low stock price volatility
Vol 12M is 26%
4 Megatrend and thematic drivers
Megatrends include AI in Financial Services, Cloud Computing, and Sustainable Finance. Themes include AI for Fraud Detection, Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -63%, 3Y Excs Rtn is -63%
6 Expensive valuation multiples
P/SPrice/Sales ratio is 8.5x
7 Key risks
VRSK key risks include [1] intense competition requiring continuous technological innovation to maintain market leadership and [2] a significant dependence on the cyclical economic health of the insurance industry.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Verisk Analytics (VRSK) stock has lost about 15% since 10/31/2025 because of the following key factors:

1. Weaker-than-expected Q3 2025 Revenue and Lowered Full-Year Guidance.

Verisk Analytics' shares closed down more than 10% on October 29, 2025, following its third-quarter earnings report. While adjusted earnings per share (EPS) surpassed Wall Street expectations, the company's revenue of $768.3 million fell short of forecasts, and it subsequently lowered its full-year 2025 revenue guidance.

2. Impact of Mild Weather Conditions on Claims Activity.

The company's underperformance has been attributed, in part, to mild weather conditions, including low severe weather events and an absence of U.S. landfalling hurricanes. This reduced claims activity directly decreased demand for Verisk's property claims estimating tools, prompting a revision of its 2025 revenue guidance.

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Stock Movement Drivers

Fundamental Drivers

The -15.4% change in VRSK stock from 10/31/2025 to 2/5/2026 was primarily driven by a -15.4% change in the company's P/E Multiple.
(LTM values as of)103120252052026Change
Stock Price ($)218.31184.68-15.4%
Change Contribution By: 
Total Revenues ($ Mil)3,0303,0300.0%
Net Income Margin (%)30.4%30.4%0.0%
P/E Multiple33.128.0-15.4%
Shares Outstanding (Mil)1401400.0%
Cumulative Contribution-15.4%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/5/2026
ReturnCorrelation
VRSK-15.4% 
Market (SPY)-0.7%4.3%
Sector (XLI)8.6%-13.7%

Fundamental Drivers

The -33.5% change in VRSK stock from 7/31/2025 to 2/5/2026 was primarily driven by a -34.0% change in the company's P/E Multiple.
(LTM values as of)73120252052026Change
Stock Price ($)277.66184.68-33.5%
Change Contribution By: 
Total Revenues ($ Mil)2,9863,0301.4%
Net Income Margin (%)30.7%30.4%-0.8%
P/E Multiple42.428.0-34.0%
Shares Outstanding (Mil)1401400.2%
Cumulative Contribution-33.5%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/5/2026
ReturnCorrelation
VRSK-33.5% 
Market (SPY)7.5%0.8%
Sector (XLI)11.2%-5.6%

Fundamental Drivers

The -35.3% change in VRSK stock from 1/31/2025 to 2/5/2026 was primarily driven by a -36.4% change in the company's P/E Multiple.
(LTM values as of)13120252052026Change
Stock Price ($)285.50184.68-35.3%
Change Contribution By: 
Total Revenues ($ Mil)2,8233,0307.3%
Net Income Margin (%)32.6%30.4%-6.8%
P/E Multiple43.928.0-36.4%
Shares Outstanding (Mil)1421401.6%
Cumulative Contribution-35.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/5/2026
ReturnCorrelation
VRSK-35.3% 
Market (SPY)13.6%21.9%
Sector (XLI)22.9%21.2%

Fundamental Drivers

The 3.5% change in VRSK stock from 1/31/2023 to 2/5/2026 was primarily driven by a 44.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120232052026Change
Stock Price ($)178.38184.683.5%
Change Contribution By: 
Total Revenues ($ Mil)2,0963,03044.5%
Net Income Margin (%)49.4%30.4%-38.4%
P/E Multiple27.028.03.4%
Shares Outstanding (Mil)15714012.5%
Cumulative Contribution3.5%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/5/2026
ReturnCorrelation
VRSK3.5% 
Market (SPY)72.9%25.1%
Sector (XLI)72.5%25.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
VRSK Return11%-22%36%16%-18%-15%-6%
Peers Return29%-29%42%23%-1%-19%27%
S&P 500 Return27%-19%24%23%16%1%83%

Monthly Win Rates [3]
VRSK Win Rate67%33%67%58%42%0% 
Peers Win Rate67%35%67%56%52%25% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
VRSK Max Drawdown-22%-31%-3%-9%-24%-15% 
Peers Max Drawdown-14%-40%-3%-8%-19%-20% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MCO, SPGI, FDS, GWRE. See VRSK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/5/2026 (YTD)

How Low Can It Go

Unique KeyEventVRSKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-31.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven45.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven401 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-29.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven41.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven67 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-17.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven21.0%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven53 days120 days

Compare to MCO, SPGI, FDS, GWRE

In The Past

Verisk Analytics's stock fell -31.2% during the 2022 Inflation Shock from a high on 11/19/2021. A -31.2% loss requires a 45.4% gain to breakeven.

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About Verisk Analytics (VRSK)

Verisk Analytics, Inc. provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields. It operates in three segments: Insurance, Energy and Specialized Markets, and Financial Services. The Insurance segment focuses on the prediction of loss, selection and pricing of risk, and compliance with their reporting requirements for property and casualty customers, as well as develops machine learned and artificially intelligent models to forecast scenarios and produce standard and customized analytics that help its customers to manage their businesses, including detecting fraud before and after a loss event, and quantifying losses. The Energy and Specialized Markets segment provides data analytics for the natural resources value chain, including energy, chemicals, metals, mining, power, and renewables sectors; research and consulting services focusing on supporting customer capital allocation decisions, asset valuation and benchmarking, commodity markets, and corporate analysis; and consultancy services in the areas of business environment, business improvement, business strategies, commercial advisory, and transaction support, as well as analysis and advice on assets, companies, governments, and markets. The Financial Services segment offers benchmarking, decisioning algorithms, business intelligence, and customized analytic services to financial institutions, payment networks and processors, alternative lenders, regulators, and merchants. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.

AI Analysis | Feedback

Here are 1-3 brief analogies for Verisk Analytics (VRSK):

  • It's like the Experian for the insurance industry, providing vast data and risk assessment services to help insurers make decisions.

  • Think of it as FICO for insurance risk, developing the analytical models and data insights insurers use to price policies and manage claims.

  • It's like a specialized Palantir for the insurance sector, performing complex data analytics for risk management and fraud detection.

AI Analysis | Feedback

  • ISO Insurance Programs: Provides statistical data, actuarial services, advisory loss costs, and standardized policy forms that property and casualty insurers use for underwriting and pricing. (Category: Underwriting and Rating Services)
  • Claims Management Solutions: Offers data analytics, fraud detection tools, and workflow platforms that help insurers efficiently process claims and identify suspicious activity. (Category: Claims Processing and Fraud Detection Services)
  • Catastrophe Risk Modeling: Delivers probabilistic models and analytics to help insurers, reinsurers, and financial institutions assess and manage financial losses from natural catastrophes and other extreme events. (Category: Extreme Event Risk Assessment Services)
  • Life and Health Insurance Solutions: Provides data analytics, predictive modeling, and workflow automation tools to help life and health insurers improve underwriting, policy administration, and actuarial processes. (Category: Data Analytics and Workflow Solutions)
  • Marketing & Financial Services Solutions: Offers predictive analytics, data-driven insights, and decision support tools primarily for financial institutions to manage risk, detect fraud, and optimize customer engagement. (Category: Financial and Marketing Data Analytics Services)

AI Analysis | Feedback

Verisk Analytics (VRSK) primarily sells its data analytics, risk assessment, and decision support solutions to other companies (Business-to-Business or B2B model), rather than directly to individuals. Its customer base is highly diversified, with no single customer accounting for 10% or more of its consolidated revenues.

The major categories of companies Verisk serves are:

  • Insurance Companies: This is Verisk's largest customer segment. They serve a wide array of insurance carriers across Property & Casualty (P&C), life, and health sectors, as well as reinsurers and insurance brokers. Verisk provides solutions for underwriting, claims processing (e.g., through Xactware), actuarial services (e.g., through ISO), catastrophe modeling (e.g., through AIR Worldwide), and fraud detection. These customers include thousands of regional and national insurance providers globally.

  • Financial Services Firms: Verisk provides data and analytical solutions to companies in the financial sector to help manage risk, detect fraud, ensure compliance, and make lending decisions. Customers in this category include banks, credit unions, payment processors, and various financial technology (FinTech) companies.

  • Energy & Specialized Markets Companies: This segment serves companies in the energy sector (oil and gas, power generation, renewables), chemicals, metals, mining, and supply chain industries. Verisk provides data, analytics, and business intelligence to help these firms understand market dynamics, assess risks, and optimize operations. Customers include energy producers, refiners, commodity traders, and large industrial enterprises.

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  • Microsoft Corporation (MSFT)
  • Amazon.com, Inc. (AMZN)

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Lee M. Shavel, Chief Executive Officer (CEO)

Lee M. Shavel was appointed CEO of Verisk Analytics in May 2022 and has served as President since January 2023. He initially joined Verisk in 2017 as Chief Financial Officer (CFO), a role he held until he became CEO. Prior to Verisk, Mr. Shavel served as Executive Vice President and CFO of Nasdaq, Inc. from 2011 to 2016. Before that, he spent 18 years at Bank of America Merrill Lynch, where he was Managing Director and Americas Head of Financial Institutions Investment Banking. In his investment banking career, he advised on significant transactions, including the sale of the New York Mercantile Exchange (NYMEX) to CME Group and the International Securities Exchange (ISE) to Deutsche Borse, as well as several IPOs and financings.

Elizabeth Mann, Chief Financial Officer (CFO)

Elizabeth Mann was named Executive Vice President and CFO for Verisk, effective September 15, 2022. In this role, she leads Verisk's global finance organization, encompassing accounting, financial planning and analysis, investor relations, and treasury. Before joining Verisk, Ms. Mann served as CFO for the Ratings and Mobility divisions at S&P Global and was also their Senior Vice President of Capital Management. She previously held roles of increasing responsibility at Goldman Sachs, including Managing Director of the firmwide strategy group and the technology, media & telecom investment banking group. Ms. Mann holds a doctorate in Mathematics from the University of Oxford.

Saurabh Khemka, President, Underwriting Solutions

Saurabh Khemka was named President of Underwriting Solutions, effective September 30, 2025. He joined Verisk in 2013 and has held several leadership roles within the Underwriting Solutions group, including Co-President since 2024 and President of Core Line Services. Mr. Khemka is recognized as the principal architect behind the Core Lines Reimagine initiative, which aims to modernize core insurance services. Before his tenure at Verisk, he was a principal at Bain & Company.

Nicholas Daffan, Chief Information Officer (CIO)

Nicholas Daffan serves as the Chief Information Officer of Verisk Analytics, Inc.

Melissa Hendricks, Chief Marketing Officer (CMO)

Melissa Hendricks is the Chief Marketing Officer at Verisk Analytics.

AI Analysis | Feedback

The key risks to Verisk Analytics' (VRSK) business include intense competition and the need for continuous technological innovation, evolving regulatory landscapes regarding data privacy, and a significant dependence on the cyclical nature and economic health of the insurance industry.

  1. Competitive Landscape and Rapid Technological Advancements: The data analytics market in which Verisk operates is highly competitive and characterized by continuous innovation. Verisk must consistently invest in research and development to maintain its market leadership against existing competitors and new entrants, including smaller tech companies with disruptive ideas. Failure to adapt to rapidly evolving technological advancements, such as artificial intelligence, could impact its competitive edge.
  2. Regulatory Environment, Data Privacy, and Legal Challenges: Changes in data privacy and protection regulations pose a significant risk to Verisk's operations, potentially requiring substantial adjustments to its business model and practices. The company also faces ongoing legal proceedings and indemnification claims, which could have financial and reputational consequences.
  3. Dependence on the Insurance Sector and Economic/Cyclical Fluctuations: A substantial portion of Verisk's revenue is derived from the U.S. insurance market, making its financial performance heavily reliant on the health and cyclical nature of this sector. Economic downturns or a slowdown in Net Written Premium (NWP) growth within the insurance industry could lead to reduced demand for Verisk's data analytics and risk assessment services as insurers tighten spending. Additionally, fewer severe weather events can directly reduce demand for Verisk's software used by insurers for claims estimation. This concentration on the insurance sector represents a notable risk.

AI Analysis | Feedback

The emergence and increasing adoption of specialized AI/ML-driven property intelligence companies (Insurtechs) that leverage alternative data sources (e.g., satellite imagery, aerial photography, IoT sensors, geospatial data) to provide highly granular, real-time, and often more cost-effective property risk assessments for insurers. Companies such as Zesty.ai, Betterview, and Cape Analytics are examples of firms that are attracting significant funding, partnering with or being adopted by various insurers, and offering innovative solutions for perils like wildfire, hail, and general property condition assessment. These capabilities directly compete with Verisk's offerings in property underwriting and catastrophe modeling (e.g., through its ISO and AIR Worldwide businesses), potentially eroding Verisk's market share and pricing power in these critical segments.

AI Analysis | Feedback

Verisk Analytics (VRSK) operates primarily within the insurance industry, with several key products and services addressing substantial markets globally and in the U.S. The addressable markets for Verisk's main products and services are as follows:
  • For Underwriting & Rating solutions, the total addressable market is estimated to be $15 billion globally.
  • For Claims solutions, the total addressable market is estimated at $4.7 billion globally.
  • In Marketing Solutions, Verisk Analytics identifies a total addressable market of $2 billion in the U.S.
  • For offerings within the U.S. Property & Casualty (P&C) market, the total addressable market is $4 billion in the U.S.
  • Life Insurance Solutions have an addressable market of $2 billion in the U.S.
  • The addressable market for P&C Extreme Event Models and ESG Data and Analytics is $2.5 billion globally.
  • Additionally, there is an identified U.S. total addressable market of $1 billion for a related adjacency within marketing solutions, and $1 billion for other international current markets.
It is important to note that Verisk has strategically shifted its focus to the insurance industry, having divested or reduced its involvement in the Energy and Specialized Markets and Financial Services segments in recent years.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Verisk Analytics (VRSK) over the Next 2-3 Years:

  • Sustained Growth in Subscription Revenue and Conversion to Subscription Models: Verisk Analytics consistently emphasizes the strength of its subscription-based revenue, which constitutes a significant portion of its total revenue. The company is actively driving growth by expanding these subscription offerings and converting previously transactional contracts into committed subscriptions, thereby enhancing revenue predictability and stability.
  • Product Innovation and Integration of Advanced Technologies (including AI): A key driver is Verisk's ongoing investment in developing and enhancing new solutions, such as XactXpert, Core Lines Reimagine, and Verisk Synergy Studio. The company is also integrating artificial intelligence (AI) into its own processes and client-facing solutions to deliver greater value and expand growth opportunities within the insurance industry.
  • Strategic Client Engagement and Expanded Relationships: Verisk is focusing on enhancing its strategic engagement with clients, fostering improved dialogue, and tailoring its solutions to meet individual client needs. This approach aims to deepen relationships and drive the adoption of its data analytics and technology solutions, particularly across its largest businesses.
  • Strategic Acquisitions: Acquisitions, such as AccuLynx and SuranceBay, are expected to contribute to Verisk's revenue growth by expanding its capabilities and market presence in key insurance technology sectors like residential property claims management and life insurance.
  • Price Realization: The company has demonstrated strong price realization, particularly in its renewals for subscription-based solutions. This ability to command favorable pricing for its core offerings, including forms, rules and loss costs, Extreme Event Solutions, and Anti-Fraud businesses, is anticipated to continue supporting revenue expansion.

AI Analysis | Feedback

Share Repurchases

  • Verisk completed a $100 million Accelerated Share Repurchase (ASR) program in Q2 2025, repurchasing 0.3 million shares at an average price of $309.58.
  • As of June 30, 2025, Verisk had $1.3 billion remaining under its share repurchase authorization.
  • In February 2025, the company announced an increase of $1,000 million in its equity buyback plan authorization.

Share Issuance

  • As of July 25, 2025, Verisk Analytics had 139.72 million shares outstanding.
  • The diluted adjusted EPS in 2025 increased due to solid operational performance and a lower average share count, partially offset by increased net interest and depreciation expenses and a higher year-over-year tax rate.
  • The number of shares outstanding has decreased over time, which may be the result of company buybacks.

Outbound Investments

  • Verisk sold its Energy business, Wood Mackenzie, to Veritas Capital for $3.1 billion in cash in October 2022, plus potential additional contingent consideration of up to $200 million.
  • In December 2024, Verisk sold Atmospheric and Environmental Research (AER), a business within Underwriting.
  • Verisk acquired Data Driven Safety in November 2021 to expand its auto insurance analytics.

Capital Expenditures

  • Verisk's capital expenditures are projected to be between $245 million and $265 million for the full year 2025.
  • The company's focus on disciplined capital allocation resulted in approximately 25% return on invested capital in 2024, with incremental returns of approximately 20%.
  • In 2024, Verisk modernized its internal financial and human capital ERP systems, indicating a focus on technology investments.

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Unique Key

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Peer Comparisons

Peers to compare with:

Financials

VRSKMCOSPGIFDSGWREMedian
NameVerisk A.Moodys S&P Glob.FactSet .Guidewir. 
Mkt Price184.68457.70451.71209.18125.99209.18
Mkt Cap25.881.9137.57.810.725.8
Rev LTM3,0307,50115,0122,3611,2723,030
Op Inc LTM1,3473,2866,031749641,347
FCF LTM1,1162,3985,4616472701,116
FCF 3Y Avg9422,1664,657606164942
CFO LTM1,3482,7175,6437612961,348
CFO 3Y Avg1,1792,4704,8056961851,179

Growth & Margins

VRSKMCOSPGIFDSGWREMedian
NameVerisk A.Moodys S&P Glob.FactSet .Guidewir. 
Rev Chg LTM7.3%8.8%9.0%5.9%22.8%8.8%
Rev Chg 3Y Avg13.4%9.8%13.3%7.1%14.9%13.3%
Rev Chg Q5.9%10.7%8.8%6.9%26.5%8.8%
QoQ Delta Rev Chg LTM1.4%2.7%2.1%1.7%5.8%2.1%
Op Mgn LTM44.4%43.8%40.2%31.7%5.1%40.2%
Op Mgn 3Y Avg43.6%40.7%36.3%31.2%-3.0%36.3%
QoQ Delta Op Mgn LTM0.5%1.3%1.0%-0.5%1.6%1.0%
CFO/Rev LTM44.5%36.2%37.6%32.2%23.2%36.2%
CFO/Rev 3Y Avg41.6%36.8%34.8%31.1%16.3%34.8%
FCF/Rev LTM36.8%32.0%36.4%27.4%21.3%32.0%
FCF/Rev 3Y Avg33.2%32.2%33.7%27.1%14.4%32.2%

Valuation

VRSKMCOSPGIFDSGWREMedian
NameVerisk A.Moodys S&P Glob.FactSet .Guidewir. 
Mkt Cap25.881.9137.57.810.725.8
P/S8.510.99.23.38.48.5
P/EBIT19.125.022.39.9124.822.3
P/E28.036.532.613.1116.132.6
P/CFO19.130.124.410.336.124.4
Total Yield4.5%3.6%3.9%9.7%0.9%3.9%
Dividend Yield0.9%0.8%0.8%2.1%0.0%0.8%
FCF Yield 3Y Avg2.7%2.6%3.1%4.1%1.1%2.7%
D/E0.20.10.10.20.10.1
Net D/E0.10.10.10.2-0.00.1

Returns

VRSKMCOSPGIFDSGWREMedian
NameVerisk A.Moodys S&P Glob.FactSet .Guidewir. 
1M Rtn-16.5%-14.1%-16.3%-28.6%-33.0%-16.5%
3M Rtn-13.1%-4.9%-7.6%-17.2%-41.5%-13.1%
6M Rtn-29.9%-10.6%-18.9%-45.5%-42.1%-29.9%
12M Rtn-36.2%-7.0%-11.5%-54.9%-42.3%-36.2%
3Y Rtn6.4%49.2%25.6%-49.5%70.5%25.6%
1M Excs Rtn-14.4%-12.0%-14.2%-26.4%-30.9%-14.4%
3M Excs Rtn-16.3%-6.3%-9.7%-21.0%-43.8%-16.3%
6M Excs Rtn-37.2%-18.4%-26.6%-53.4%-51.3%-37.2%
12M Excs Rtn-48.3%-19.1%-24.0%-67.3%-54.5%-48.3%
3Y Excs Rtn-63.2%-21.4%-43.3%-115.8%5.3%-43.3%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Insurance2,6812,4372,2072,0091,865
Energy and Specialized Markets 22113619564
Financial Services 38143157178
Total2,6812,4972,4622,7852,607


Price Behavior

Price Behavior
Market Price$184.68 
Market Cap ($ Bil)25.8 
First Trading Date10/07/2009 
Distance from 52W High-42.2% 
   50 Days200 Days
DMA Price$218.30$258.83
DMA Trenddowndown
Distance from DMA-15.4%-28.6%
 3M1YR
Volatility26.2%26.5%
Downside Capture70.8948.33
Upside Capture-15.75-4.19
Correlation (SPY)6.0%21.5%
VRSK Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta0.19-0.02-0.27-0.250.270.35
Up Beta0.400.290.010.310.390.38
Down Beta0.530.20-0.32-0.450.260.39
Up Capture-41%-34%-28%-44%-1%9%
Bmk +ve Days11223471142430
Stock +ve Days8172861121396
Down Capture18%-9%-36%-5%39%54%
Bmk -ve Days9192754109321
Stock -ve Days12243364130354

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VRSK
VRSK-35.8%26.5%-1.69-
Sector ETF (XLI)24.2%19.0%1.0121.6%
Equity (SPY)13.6%19.3%0.5422.2%
Gold (GLD)69.7%24.7%2.11-5.8%
Commodities (DBC)7.1%16.6%0.24-5.0%
Real Estate (VNQ)4.4%16.5%0.0939.6%
Bitcoin (BTCUSD)-26.6%40.5%-0.669.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VRSK
VRSK0.8%23.4%0.01-
Sector ETF (XLI)16.4%17.1%0.7739.7%
Equity (SPY)14.4%17.0%0.6743.8%
Gold (GLD)20.8%16.9%1.014.4%
Commodities (DBC)11.7%18.9%0.50-0.7%
Real Estate (VNQ)5.2%18.8%0.1847.4%
Bitcoin (BTCUSD)16.0%57.4%0.4911.1%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with VRSK
VRSK10.5%23.2%0.43-
Sector ETF (XLI)15.2%19.8%0.6853.9%
Equity (SPY)15.5%17.9%0.7460.0%
Gold (GLD)15.4%15.5%0.835.6%
Commodities (DBC)7.9%17.6%0.3712.6%
Real Estate (VNQ)6.0%20.7%0.2654.8%
Bitcoin (BTCUSD)69.0%66.5%1.0811.5%

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Short Interest

Short Interest: As Of Date1152026
Short Interest: Shares Quantity3.5 Mil
Short Interest: % Change Since 12312025-2.0%
Average Daily Volume1.2 Mil
Days-to-Cover Short Interest3.0 days
Basic Shares Quantity139.5 Mil
Short % of Basic Shares2.5%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/29/2025-10.4%-5.2%-3.5%
7/30/2025-6.3%-10.0%-9.0%
5/7/20254.6%1.8%8.2%
2/26/2025-3.9%-0.1%-2.4%
10/30/20244.5%6.1%11.7%
7/31/2024-8.5%-8.8%-5.1%
5/1/20246.8%13.3%14.4%
2/21/2024-4.4%-2.2%-4.7%
...
SUMMARY STATS   
# Positive71012
# Negative161311
Median Positive4.4%2.9%7.8%
Median Negative-4.1%-5.2%-4.7%
Max Positive6.8%13.3%14.4%
Max Negative-10.4%-10.6%-21.1%

SEC Filings

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Report DateFiling DateFiling
09/30/202510/29/202510-Q
06/30/202507/30/202510-Q
03/31/202505/07/202510-Q
12/31/202402/26/202510-K
09/30/202410/30/202410-Q
06/30/202407/31/202410-Q
03/31/202405/01/202410-Q
12/31/202302/21/202410-K
09/30/202311/01/202310-Q
06/30/202308/02/202310-Q
03/31/202305/03/202310-Q
12/31/202202/28/202310-K
09/30/202211/01/202210-Q
06/30/202208/02/202210-Q
03/31/202205/03/202210-Q
12/31/202102/22/202210-K

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Mann, ElizabethChief Financial OfficerDirectSell12162025219.5430065,8623,131,738Form
2Shavel, LeeChief Executive OfficerDirectSell11182025216.991,100238,68916,883,341Form
3Shavel, LeeChief Executive OfficerDirectSell11182025220.071,100242,07716,880,909Form
4Mann, ElizabethChief Financial OfficerDirectSell11182025216.9930065,0973,160,459Form
5Dailey, Jeffrey J DirectBuy11032025217.03500108,515859,873Form