“Verisk’s unique and differentiated role in the insurance ecosystem has never been more critical,” Shavel said. “Our proprietary data assets, innovation roadmap, advanced technologies and disciplined execution give us a clear path to compounding growth while helping our clients navigate increasing complexity and risk and the evolution of AI. We are energized by the opportunity to continue to connect the ecosystem, driving value for clients,
Clear Strategy to Drive Client and Shareholder Value
Verisk’s strategy for the next phase of growth is built upon three key pillars:
- Drive compounding growth by strengthening strategic client relationships, expanding our proprietary and contributory data advantage, delivering a steady stream of inventions and innovations, and expanding networks across all of our businesses.
- Deliver margin expansion through a structural, high-recurring-revenue model, which delivers high incremental margins, continued efficiency gains through global talent optimization, and the increasing use of advanced analytics and AI-enabled automation to lower costs.
- Maintain disciplined capital allocation by investing behind our highest-return organic opportunities, pursuing selective acquisitions that extend our data advantage and client reach, and consistently returning capital to shareholders supported by strong free cash flow and a resilient balance sheet.
Medium Financial Targets Reiterated
During the event,
- Organic Constant Currency (OCC) Revenue Growth of 6-8%
- Organic Constant Currency Adjusted EBITDA growth of 7-10%
- Adjusted EBITDA Margin Expansion of 25-75 bps annually
- Adjusted EPS Growth in the double-digit range
- Annual Capital Return of at least 75% of Free Cash Flow through dividends and share repurchases
“Verisk has a strong track record of delivering on our growth commitments and returning excess capital to shareholders through dividends and repurchases,” Mann said. “We are confident that the execution of our strategic priorities will drive compounding revenue growth and profitability in line with our targets, while generating strong free cash flow to fund investment in new innovation and return capital to shareholders.”
Webcast Access Details
All interested parties are invited to listen to the live event via webcast at investorday.verisk.com. Investor Day will begin streaming live on
About
Forward-Looking Statements
This release contains forward-looking statements, including those related to our three—year financial targets and guidance. These statements relate to future events or to future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. This includes, but is not limited to, our expectation and ability to pay a cash dividend on our common stock in the future, subject to the determination by our Board of Directors and based on an evaluation of our earnings, financial condition and requirements, business conditions, capital allocation determinations, and other factors, risks, and uncertainties. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “target,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” or “continue” or the negative of these terms or other comparable terminology. You should not place undue reliance on forward-looking statements, because they involve known and unknown risks, uncertainties, and other factors that are, in some cases, beyond our control and that could materially affect actual results, levels of activity, performance or achievements.
Other factors that could materially affect actual results, levels of activity, performance, or achievements can be found in our quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K filed with the Securities and Exchange Commission. If any of these risks or uncertainties materialize or if our underlying assumptions prove to be incorrect, actual results may vary significantly from what we projected. Any forward-looking statement in this release reflects our current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to our operations, results of operations, growth strategy, and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, whether as a result of new information, future events, or otherwise except as required by law.
Notes Regarding the Use of Non-GAAP Financial Measures
We have provided certain non-GAAP financial information as supplemental information regarding our operating results. These measures are not in accordance with, or an alternative for,
EBITDA, Adjusted EBITDA, and Adjusted EBITDA Expenses: EBITDA represents GAAP net income adjusted for (i) depreciation and amortization of fixed assets; (ii) amortization of intangible assets; (iii) interest expense, net; and (iv) provision for income taxes. Adjusted EBITDA represents EBITDA adjusted for acquisition-related adjustments (earn-outs), gain/loss from dispositions (which includes businesses held for sale), and nonrecurring gain/loss. Adjusted EBITDA expenses represent adjusted EBITDA net of revenues. We believe these measures are useful and meaningful because they help us allocate resources, make business decisions, allow for greater transparency regarding our operating performance, and facilitate period-to-period comparison.
Adjusted Net Income and Diluted Adjusted EPS: Adjusted net income represents GAAP net income adjusted for (i) amortization of intangible assets, net of tax; (ii) acquisition-related adjustments (earn-outs), net of tax; (iii) gain/loss from dispositions (which includes businesses held for sale), net of tax; and (iv) nonrecurring gain/loss, net of tax. Diluted adjusted EPS represents adjusted net income divided by weighted-average diluted shares. We believe these measures are useful and meaningful because they allow evaluation of the after-tax profitability of our results excluding the after-tax effect of acquisition-related costs and nonrecurring items.
Free Cash Flow: Free cash flow represents net cash provided by operating activities determined in accordance with GAAP minus payments for capital expenditures. We believe free cash flow is an important measure of the recurring cash generated by our operations that may be available to repay debt obligations, repurchase our stock, invest in future growth through new business development activities, or make acquisitions.
Organic: Organic is defined as operating results excluding the effect of recent acquisitions and dispositions (which include businesses held for sale), and nonrecurring gain/loss associated with cost-based and equity-method investments that have occurred over the past year. An acquisition is included as organic at the beginning of the calendar quarter that occurs subsequent to the one-year anniversary of the acquisition date. Once an acquisition is included in its current-period organic base, its comparable prior-year-period operating results are also included to calculate organic growth. A disposition (which includes a business held for sale) is excluded from organic at the beginning of the calendar quarter in which the disposition occurs (or when a business meets the held-for-sale criteria under
Organic Constant Currency (OCC) Growth Rate: Our operating results, such as, but not limited to, revenue and adjusted EBITDA, reported in

Investor RelationsSource:Stacey Brodbar Senior Vice President, Finance and Investor RelationsVerisk 201-469-4327IR@verisk.comMediaAlberto Canal Verisk Public Relations201-469-2618Alberto.Canal@verisk.com