Discontinued — last reported Q3 '24
Insurance — Selling General And Administrative Expense
Verisk Analytics, Inc. Insurance — Selling General And Administrative Expense increased by 12.3% to $114.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $111.60M to $114.00M. Over 2 years (FY 2021 to FY 2023), Insurance — Selling General And Administrative Expense shows an upward trend with a 28.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
High expenses relative to revenue may indicate heavy investment in growth or potential inefficiency.
Detailed definition
Operating expenses incurred by the insurance segment that are not directly tied to service delivery, including sales com...
Peer comparison
Standard operating expense category for all corporate business segments.
vrsk_segment_insurance_selling_general_and_administrative_expenseHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $66.70M | $69.40M | $28.30M | $90.00M | $86.90M | $89.90M | $80.60M | $79.00M | $86.80M | $111.60M | $114.40M | $92.90M | $101.50M | $114.00M |
| QoQ Change | — | +4.0% | -59.2% | +218.0% | -3.4% | +3.5% | -10.3% | -2.0% | +9.9% | +28.6% | +2.5% | -18.8% | +9.3% | +12.3% |
| YoY Change | — | — | — | — | +30.3% | +29.5% | +184.8% | -12.2% | -0.1% | +24.1% | +41.9% | +17.6% | +16.9% | +2.2% |
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Frequently Asked Questions
- What is Verisk Analytics, Inc.'s insurance — selling general and administrative expense?
- Verisk Analytics, Inc. (VRSK) reported insurance — selling general and administrative expense of $114.00M in Q3 2024.
- How has Verisk Analytics, Inc.'s insurance — selling general and administrative expense changed year-over-year?
- Verisk Analytics, Inc.'s insurance — selling general and administrative expense increased by 2.2% year-over-year, from $111.60M to $114.00M.
- What is the long-term trend for Verisk Analytics, Inc.'s insurance — selling general and administrative expense?
- Over 2 years (2021 to 2023), Verisk Analytics, Inc.'s insurance — selling general and administrative expense has grown at a 28.0% compound annual growth rate (CAGR), from $239.10M to $391.80M.
- What does insurance — selling general and administrative expense mean?
- Indirect operating costs for the insurance segment, such as sales and administration.