Verisk Analytics management check
VRSK · Industrials · Research & Consulting Services · CEO Lee M. Shavel
Filings as of
3 good · 4 to watch · 0 flagged, across the seven questions below.
- Watch
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $111, against $131 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.76 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Watch
What does the CEO cost owners?
1.5% of net income$13.5m of reported pay in fiscal 2025, against $908.0m of net income.
- Watch
Do they own the stock?
CEO stake ≈ 1.3 years of payThe CEO holds 102,025 shares, directly or through trusts (unvested awards not counted): about 1.3 years of pay. 5 insiders sold $6.2m in the last six months and none bought. 12 of 15 sales ran on pre-arranged 10b5-1 plans.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -2.5% a year over the last three fiscal years. Stock-based pay was 1.8% of revenue in the latest year.
- Watch
Is leadership stable?
2 CEOs in the pay tableCEOs in the pay table: Scott G. Stephenson, Lee M. Shavel. 3 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Industrials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 31 | 55 | |
| Pay for performance | 88 | 86 | |
| CEO cost | 36 | 48 | |
| Skin in the game | 20 | 55 | |
| Dilution | 81 | 62 | |
| Stable leadership | 60 | 75 | |
| Clean books | 100 | 100 |
Closest peers
Others in Research & Consulting Services, by management score. Verisk Analytics is 60th of 81 in its sector.
- 310LHXL3Harris61
- 327VRSKVerisk Analytics59
- 328PCARPaccar59
- 335JJacobs Solutions59
- 336VLTOVeralto59
- 339EFXEquifax59
Pay versus performance
From the proxy statement filed April 3, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Lee M. Shavel | $13.5m | $6.5m | $3.3m | $111 | $131 | $908.0m |
| 2024 | Lee M. Shavel | $12.1m | $21.3m | $3.2m | $136 | $139 | $958.0m |
| 2023 | Lee M. Shavel | $10.4m | $21.7m | $3.1m | $117 | $122 | $614.0m |
| 2022 | Scott G. Stephenson, Lee M. Shavel | $11.5m | $6.7m | $4.1m | $86 | $93 | $954.0m |
| 2021 | Scott G. Stephenson | $12.8m | $16.4m | $3.2m | $111 | $117 | $666.0m |
The board says pay is tied most to Adjusted EBITDA. Its other key measures: Revenue, Relative TSR, ROIC.
Insiders and the CEO's stake
Lee Shavel (Chief Executive Officer) held 102,025 shares directly after their latest Form 4 on Oct 1, 2026, roughly $17.4m at that filing's price.
5 insiders sold $6.2m in the last six months and none bought. 12 of 15 sales ran on pre-arranged 10b5-1 plans.
- SoldLee ShavelChief Executive Officer · 10b5-1 plan$2.5mOct 1, 2026
- SoldSamuel G LissDirector$2.1mJun 5, 2026
- SoldBruce Edward HansenDirector · 10b5-1 plan$809kJun 1, 2026
- SoldElizabeth MannChief Financial Officer · 10b5-1 plan$432kOct 15, 2026
Leadership and governance on file
- Sep 8, 2026Leadership change8-K 5.02
- Jul 28, 2026Leadership change8-K 5.02
- Apr 1, 2024Leadership change8-K 5.02
- Dec 30, 2022Leadership change8-K 5.02
- Dec 2, 2022Leadership change8-K 5.02
- Aug 22, 2022Leadership change8-K 5.02
- Jul 25, 2022Leadership change8-K 5.02
- Apr 5, 2022Leadership change8-K 5.02
- Feb 23, 2022Leadership change8-K 5.02
Latest shareholder vote results: May 21, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $7.6bn returned to owners in buybacks and dividends, 185% of net income, and $268.3m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.5bn | $2.5bn | $2.7bn | $2.9bn | $3.1bn |
| Net income | $666.2m | $953.9m | $614.6m | $958.2m | $908.3m |
| Stock-based pay | $55.7m | $56.5m | $54.0m | $47.9m | $54.2m |
| Buybacks | $475.0m | $1.7bn | $2.8bn | $1.0bn | $624.0m |
| Dividends | $188.2m | $195.2m | $196.8m | $221.3m | $251.1m |
| Diluted shares | 163m | 159m | 147m | 143m | 140m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.