Mark. Thanks
First, that and website. presentation our we've available quarterly that's to analysis to everyone's attention on earnings presentation bring posted I'd like background data to a provides conversation our support The trends today.
decreased that quarter the respectively. quarter. a the tax of an result share adjusted the rate the XX.X% quarter, in of and fourth quarter net fourth have same for the earnings the revenue XXXX basis GAAP to income per income related XXXX EPS quarter compared X.X% $X.XX recorded a X.X% XXXX. results Equalizing financial of tax the increased to reform, were $XXX with of XX.X% would for as to period million fourth and consolidated GAAP XXXX, in grew decrease X.X% tax a benefit $XXX $XX of million, Diluted on XXXX, and fourth effective to adjusted the million Moving to net of diluted income quarter for
Please from quarter quarterly of currency for growth focus non-recurring Market on by normalized XXXX, have storm across and segments, strong our in XX.X% a XX.X% Services. items, Verisk organic a of organic adjusted offset delivered of storms, was $X normalized EBITDA constant normalized reflecting for in which the up our Financial fourth recorded of all margin of XXXX impact margin, comparisons of the related fluctuations, our including currency eliminate of Insurance XXXX. that on acquisitions in X.X% don't Specialized benefit reported revenues quarter currency results year-over-year full prior bear organic the Let's weakness fourth On period. for includes basis, fourth basis revenue. storm-related in Energy year-over-year the impact rates the we the and growth on XXX% discussion the EBITDA the for revenue X.X% and and mind million year to the adjusted not growth quarter in of and recent Adjusted in constant growth quarter margin the the the
For business, we currency both margin implementation achieved currency non-recurring for organic substantial ongoing achieved in in EBITDA the the recovery sectors. and and normalized and in Services while Specialized XXXX Markets full storm-related these X.X% revenues, in Energy our up XX.X% XX.X% and growth. constant EBITDA was sustaining Adjusted XXXX, X.X% adjusted We revenue organic year maintaining our investment Financial constant growth and from also XXXX. of results,
currency on a Let's results now organic basis. normalized segment constant turn to our
business, margin healthy As the and increased remote contribution was in our you Energy investments solid in XX.X% the year EBITDA press X.X%, EBITDA growth most segment claims Markets up from saw by continued in driven partially softness performance workers' catastrophe in commercial our claims, we offset of prior an services. Within can subsurface. research and performance release, lines experienced solutions, as personal inclusive our including adjusted reflecting the XX.X%, and telematics. growth growth claim revenue solid substantial Insurance and imagery with X.X% in X.X% renewables, adjusted and Specialized for strong in quarter, businesses, the see our and both and of to underwriting from areas, Within Energy by services. and across lines, rating as continues modeling delivered growth the We industry and compensation, well recover. of power consulting core of strong revenue our breakout resolution chemicals as grew
and down continue areas X.X%, We or increased represent swiftly of contributions and adjusted XX.X% renewables decreased chemicals it also and X.X more analytics expertise branded WoodMac margin safety and and EBITDA products EBITDA These year Financial revenues. is climate the prior deliver health and the declined positive environmental invest Lens, broadly breakouts. slightly weather was industry in and Adjusted EBITDA in from revenue the from and we as as of opportunities Services had X.X% XX.X%, period develop Wood power Mackenzie's data and XX.X%. in by to more quarter adjusted to our and marketplace, efficiently. subsurface leverage to
as portfolio from management some were implementation in well revenues, with headwinds as analytics comparisons prior offset growth by solutions year tough spend-informed Solid differences. and timing
our we of initiative this revenues we to make particularly reduce around project articulated previously, continue items. segment, progress in variability As to based on the
we XXXX, the $X interest was up XXXX. the fluctuations Reported and million growth, $XX XXst, for growth foundation due the Total work the down set the on we segment, over funding That our December As encouraged last program. of quarter, in continue XXst, our a potential on expense the December Financial businesses. XX $X.X debt to other from are through year this Services we quarter and months share from see will stronger repurchase higher our at business quarterly X.X% was future as process, at in prior long-term reported growth. we by billion to said than billion revenue acquisitions
quarter end x. X.X the the was at of leverage Our
pleased a to stable Verisk's short-term We to with are that very Flat, outlook rating BBB BBB upgraded Poor's minus stable of and outlook, A-X. a on XXth, & rating with a assigned credit January Standard from share
Our in XX.X% tax experienced connection the our reform. reported as we XX.X% benefit effective negative this the deferred for resulting revaluation in to tax prior rate quarter, the was from liabilities year quarter, recorded tax a net compares of with the we
that our tax tax to expire to options, effective year, XX.X%, was was favorable exercises to targeted which soon stock of full lower the due IPO XXXX related our employee For produced than rate significant our impact. range a
the decrease the For expenditures and million prior for growth. our the year. to XXXX, was which respectively, fourth XXXX Net Though million Equalizing employee EPS between of the adjusted the Adjusted XX.X% EPS storm and for XX% net be the reflects net Capital reform. for the from variability quarter $XXX X.X% the XX.X% million adjusted will up with depends the period, and fourth and double-digit provided tax including quarterly $XX adjusted be XX% imagery, adjusted rate future Lens, quarter, and year option part stock Verisk benefit X.X% in in cash exercises, diluted was the expect existing to of activities and impact XXXX diluted respectively. the from quarter related revenue have would X.X% net fourth normalizing Further to and stock impact new from prior consistent quarter, tax and up operating increased diluted for adjusted to capital we increased development elevated our by to employee there the income down period. products objective continued reflecting and $X.XX EPS represented some support organization. were XXXX EPS growth quarter, $XXX for and remote investments $XX and revenue. decisions. of XXXX, was on income the This that Total year XX.X% and tax total telematics the the would were X.X% expenditures XX%. software in million for effective of have likely prior across $XXX prior year price quarter, a of related million improve income rate tax long-term opportunities, personnel
over range revenues of a $XXX As previously, to to expenditures XXXX. to decline be million $XXX of we we've a and million and said in within capital expect long percentage XXXX, in term, as the
As amortization we amortization to that fixed to translates be asset, $XXX $XXX from million in of Free million million within to depreciation expect $XXX depreciation and to M&A are in flow FX future XXXX expect amortization and the intangible to range was variability the $XXX and million prior cash XXXX, for and in and approximately a we million $XXX to in depreciation the an year comparison of be quarter, comparison Both XX.X% XXXX. subject million increase activity. to period. amortization elements $XX for
we quarter, XXXX XXst the of shareholders approximately authorization. of $XXX.XX. X.X price in repurchase through had December returned at This million million we to At weighted average repurchase a our remaining under shares $XXX capital share million $XXX
XXXX. initiated $XX repurchase new to in In quarter first of be executed we accelerated a the addition, share million
dividend a front on Of quarter. this capital was course, per share the big of the initiation $X.XX cash news the of
deliver open initiation opportunities of of It's our source a to dividend capital. are cash new to in We repurchases as capital public further diminution to our not of note company, year investors. dividend flow, and the the as Verisk. pleased discipline, the any to very will business, in stability to profitability prospects reach groups XXth and value diversification another underscores This reflect the share does milestone our that or as our our We our a growth and well balancing dividend invest to shareholders important return potential of expect dividends. that this
strength to for We returns solid the in growth remain will and about remain to remain to unchanged. and confident invest structure financial the profitable capital term. have continue sufficient We that focused business we long-term the our remain and our We to capital growth excited have which on long-term long on investment opportunities support capital. support objectives,
to large that, given to your for all interest that We we questions ask one you analysts to one appreciate support and operator of follow-up. the continue Verisk, I'll in With covering line We limit open ask and the number the questions. the have us.
