Equifax Inc. (EFX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$2.2	$2.25	+2.3%	—	—	—
Q3 26	$1.7	$1.86	+9.4%	—	—	—
Q2 26	$1.94	$2.04	+5.2%	—	—	—
Q1 26	$1.92	$2	+4.2%	—	—	—
Q4 25	$1.4	$1.53	+9.3%	—	—	—
Q3 25	$2.1	$2.12	+1.0%	—	—	—
Q2 25	$1.83	$1.85	+1.1%	—	—	—
Q1 25	$1.73	$1.82	+5.2%	—	—	—
Q4 24	$1.43	$1.5	+4.9%	—	—	—
Q3 24	$1.75	$1.81	+3.4%	—	—	—
Q2 24	$1.77	$1.76	-0.6%	—	—	—
Q1 24	$1.67	$1.71	+2.4%	—	—	—
Q4 23	$1.37	$1.43	+4.4%	—	—	—
Q3 23	$1.49	$1.52	+2.0%	—	—	—
Q2 23	$1.63	$1.73	+6.1%	—	—	—
Q1 23	$2	$2.09	+4.5%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.36	—	—	$6.1B	—
FY24	—	$4.88	—	—	$5.7B	—
FY23	—	$4.44	—	—	$5.3B	—
FY22	—	$5.69	—	—	$5.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.1B	$3.4B	$3.4B	$3.5B	$4.1B	$4.9B	$5.1B	$5.3B	$5.7B	$6.1B
YoY change	+18.1%	+6.91%	+1.48%	+2.8%	+17.7%	+19.3%	+4.03%	+2.79%	+7.9%	+6.92%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.1B	3.4B	3.4B	3.5B	4.1B	4.9B	5.1B	5.3B	5.7B	6.1B
Cost of revenue	1.1B	1.2B	1.4B	1.5B	1.7B	2B	2.2B	2.3B	2.5B	2.6B
Gross profit	2B	2.2B	2B	2B	2.4B	2.9B	2.9B	2.9B	3.2B	3.4B
Gross margin	64.6%	64%	57.8%	56.6%	57.9%	59.8%	57.5%	55.7%	55.7%	56.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	941M	1B	1.2B	2B	1.3B	1.3B	1.3B	1.4B	1.5B	1.6B
Operating expenses	941M	1B	1.2B	2B	1.3B	1.3B	1.3B	1.4B	1.5B	1.6B
Operating income	825.1M	831.7M	448M	-335.4M	676.6M	1.1B	1.1B	933.6M	1B	1.1B
Operating margin	26.2%	24.7%	13.1%	-9.56%	16.4%	23.1%	20.6%	17.7%	18.3%	18%
Non-operating income, net	-4.8M	7.7M	25.9M	33.3M	150.2M	-43.2M	56.7M	25.7M	-2.5M	12M
Pretax income	728.2M	746.6M	370.4M	-413.8M	685.2M	949.2M	929.7M	717.9M	810.5M	894.9M
Income tax	233.1M	148.6M	53.4M	-35.7M	159M	200.7M	229.5M	166.2M	203.2M	230.6M
Net income	495.1M	598M	317M	-378.1M	526.2M	748.5M	700.2M	551.7M	607.3M	664.3M
Net margin	15.7%	17.8%	9.29%	-10.8%	12.7%	15.2%	13.7%	10.5%	10.7%	10.9%
EBITDA	1.1B	1.1B	789.8M	35.2M	1.2B	1.6B	1.7B	1.6B	1.7B	1.8B
EPS	4.1	4.89	2.49	-3.3	4.28	6.11	5.69	4.44	4.88	5.36
Diluted EPS	4.04	4.83	2.47	-3.3	4.24	6.02	5.65	4.4	4.84	5.32

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.3B	1.3B	1.4B	1.4B	1.4B	1.4B	1.4B	1.5B	1.5B	1.6B	1.6B	1.7B
Cost of revenue	585.2M	581.6M	627.7M	630.9M	645.2M	615M	656.7M	664.6M	663.2M	661.2M	767.1M	773.7M
Gross profit	733.9M	744.9M	761.7M	799.6M	796.6M	804.4M	785.3M	872.4M	881.7M	889.4M	881.8M	926.4M
Gross margin	55.6%	56.2%	54.8%	55.9%	55.3%	56.7%	54.5%	56.8%	57.1%	57.4%	53.5%	54.5%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	333.1M	343.4M	372.6M	352.6M	380.4M	344.8M	374.9M	384.2M	434.1M	421M	411M	422.5M
Operating expenses	333.1M	343.4M	372.6M	352.6M	380.4M	344.8M	374.9M	384.2M	434.1M	421M	411M	422.5M
Operating income	246.4M	245.1M	224.7M	282.2M	247.1M	288.1M	235.8M	310.8M	264.3M	284.2M	287.7M	314.2M
Operating margin	18.7%	18.5%	16.2%	19.7%	17.1%	20.3%	16.4%	20.2%	17.1%	18.3%	17.4%	18.5%
Non-operating income, net	7.1M	-2M	1.6M	-300K	3M	-6.8M	2.5M	3.6M	3.2M	2.8M	3.8M	2.5M
Pretax income	190.7M	182.8M	166.6M	224.6M	193.8M	225.6M	185.4M	261.3M	215.3M	232.9M	235.8M	256.9M
Income tax	26.4M	48.3M	40.5M	59.4M	51.1M	52.2M	51.6M	68.7M	53.8M	56.5M	62.5M	71.8M
Net income	164.3M	134.5M	126.1M	165.2M	142.7M	173.4M	133.8M	192.6M	161.5M	176.4M	173.3M	185.1M
Net margin	12.5%	10.1%	9.08%	11.5%	9.9%	12.2%	9.28%	12.5%	10.5%	11.4%	10.5%	10.9%
EBITDA	410.2M	401.9M	392.9M	448.8M	423.5M	455M	414.7M	493.7M	452.6M	473.1M	476.3M	508.1M
EPS	1.32	1.07	1.01	1.32	1.14	1.4	1.07	1.54	1.3	1.45	1.43	1.55
Diluted EPS	1.31	1.06	1	1.31	1.13	1.39	1.06	1.53	1.29	1.44	1.42	1.54

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	14.1B	14.2B	11.2B	16.9B	23.4B	35.7B	23.8B	30.4B	31.6B	26.7B	17.1B
Enterprise value	16.6B	16.5B	13.6B	19.9B	26.1B	40.8B	29.3B	35.9B	36.4B	31.6B	22.6B
Shares outstanding	119.3M	120.1M	120.4M	120.9M	121.5M	121.9M	122.4M	122.9M	123.8M	123.2M	123.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	28.5	23.7	35.4	—	44.5	47.7	34	55.1	52	40.2	26
P/S	4.48	4.21	3.29	4.83	5.68	7.25	4.64	5.77	5.55	4.4	2.66
P/B	5.18	4.37	3.55	6.46	7.3	9.91	5.99	6.48	6.41	5.64	3.91
EV/EBITDA	15.3	14.6	17.3	566	21.3	25.7	17.4	22.7	21.2	17.3	11.7
EV/Sales	5.29	4.92	3.99	5.68	6.33	8.28	5.72	6.82	6.41	5.21	3.5
Earnings yield	3.51%	4.22%	2.83%	—	2.25%	2.1%	2.94%	1.82%	1.92%	2.49%	3.84%
FCF yield	4.6%	4.22%	3.12%	-0.51%	2.24%	2.43%	0.56%	1.7%	2.58%	4.24%	5.53%
PEG	—	—	—	—	—	—	—	—	—	—	40.1

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	64.6%	64%	57.8%	56.6%	57.9%	59.8%	57.5%	55.7%	55.7%	56.4%	54.5%
Operating margin	26.2%	24.7%	13.1%	-9.56%	16.4%	23.1%	20.6%	17.7%	18.3%	18%	17.3%
Net margin	15.7%	17.8%	9.29%	-10.8%	12.7%	15.2%	13.7%	10.5%	10.7%	10.9%	10.7%
ROE	18.2%	18.5%	10%	-14.4%	16.4%	20.8%	17.6%	11.8%	12.3%	14%	14.3%
ROA	7.43%	8.27%	4.43%	-4.78%	5.47%	6.78%	6.06%	4.49%	5.16%	5.6%	6.16%
ROIC	10.7%	11.9%	6.89%	-5.98%	8.8%	10.3%	8.39%	7.05%	8%	8.42%	8.67%
Return on tangible assets	-12%	-15.7%	-9.07%	12.7%	-33.6%	-13.7%	-13.9%	-10.4%	-13.3%	-14.8%	-16.4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.53	0.6	1.09	0.89	1	0.49	0.68	0.67	0.75	0.6	0.6
Quick ratio	0.53	0.6	1.09	0.89	1	0.49	0.68	0.67	0.75	0.6	0.6
Debt / equity	0.98	0.83	0.84	1.29	1.36	1.47	1.46	1.22	1.02	1.07	1.21
Debt / assets	0.4	0.37	0.37	0.43	0.46	0.48	0.5	0.47	0.43	0.43	0.46
Net debt / EBITDA	2.34	2.09	3.05	84.7	2.2	3.2	3.27	3.48	2.81	2.68	2.77
Interest coverage	8.91	9.05	4.58	-2.7	5.84	7.52	6.08	3.97	4.54	5.22	5.24
Effective tax rate	32%	19.9%	14.4%	0%	23.2%	21.1%	24.7%	23.2%	25.1%	25.8%	26%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	26.4	28	28.3	29	34	40.4	41.8	42.8	45.9	49.3	53.4
EPS (basic)	4.1	4.89	2.49	-3.3	4.28	6.11	5.69	4.44	4.88	5.36	5.36
EPS (diluted)	4.04	4.83	2.47	-3.3	4.24	6.02	5.65	4.4	4.84	5.32	5.6
Book value per share	22.8	27	26.2	21.7	26.4	29.5	32.5	38.1	39.7	38.5	37.2
FCF per share	5.44	4.98	2.91	-0.71	4.32	7.1	1.08	4.19	6.57	9.21	9.27
Cash per share	1.08	2.8	1.86	3.32	13.9	1.84	2.33	1.76	1.37	1.47	1.45
Capex per share	—	—	—	—	—	—	—	—	—	3.91	4.26

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	—	—	—	—	—	—	—	—	—	7.92%	7.87%
Capex / operating cash flow	—	—	—	—	—	—	—	—	—	29.8%	31.5%
Payout ratio	31.8%	31.3%	59.3%	-49.9%	36%	25.4%	27.3%	34.8%	31.8%	35%	37.3%
Dividend yield	1.12%	1.32%	1.68%	1.11%	0.81%	0.53%	0.8%	0.63%	0.61%	0.87%	1.54%

Yield

1.54%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.56

ex-dividend Aug 31, 2026

Payout ratio

37%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 31, 2026	$0.56
May 22, 2026	$0.56
Mar 9, 2026	$0.56

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.3B	$1.3B	$1.4B	$1.4B	$1.4B	$1.4B	$1.4B	$1.5B	$1.5B	$1.6B	$1.6B	$1.7B
YoY change	+6.01%	+10.7%	+6.71%	+8.57%	+9.3%	+7%	+3.79%	+7.44%	+7.15%	+9.24%	+14.3%	+10.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	129.3M	336.4M	223.6M	401.3M	1.7B	224.7M	285.2M	216.8M	169.9M	180.8M
Receivables	433.3M	444.8M	469.1M	532.1M	630.6M	727.6M	857.7M	908.2M	957.6M	1B
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	672.9M	998.4M	902.3M	1.2B	2.5B	1.1B	1.4B	1.4B	1.4B	1.4B
Property, plant & equipment	740.1M	873.6M	1.1B	1.3B	1.4B	1.6B	1.9B	1.8B	1.9B	1.9B
Goodwill & intangibles	10.8B	11.1B	10.6B	10.9B	11.2B	16.5B	16.6B	17.6B	16.3B	16.3B
Total assets	6.7B	7.2B	7.2B	7.9B	9.6B	11B	11.5B	12.3B	11.8B	11.9B
Accounts payable	81M	110.3M	175.7M	148.3M	159.1M	211.6M	250.8M	197.6M	138.2M	206.4M
Short-term debt	585.4M	965.3M	4.9M	3.1M	1.1B	824.8M	967.2M	963.4M	687.7M	1B
Total current liabilities	1.3B	1.7B	826.8M	1.4B	2.5B	2.3B	2B	2B	1.8B	2.3B
Long-term debt	2.1B	1.7B	2.6B	3.4B	3.3B	4.5B	4.8B	4.7B	4.3B	4.1B
Total liabilities	3.9B	4B	4B	5.3B	6.4B	7.4B	7.6B	7.6B	6.8B	7.1B
Shareholders' equity	2.7B	3.2B	3.2B	2.6B	3.2B	3.6B	4B	4.7B	4.9B	4.7B
Total debt	2.7B	2.7B	2.6B	3.4B	4.4B	5.3B	5.8B	5.7B	5B	5.1B
Net debt	2.5B	2.4B	2.4B	3B	2.7B	5.1B	5.5B	5.5B	4.8B	4.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	412.6M	216.8M	201M	181.9M	468.2M	169.9M	195.2M	189M	189M	180.8M	183.4M	170.1M
Receivables	967.9M	908.2M	1B	1B	953.6M	957.6M	1B	1B	1B	1B	1.1B	1.1B
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	1.6B	1.4B	1.4B	1.4B	1.7B	1.4B	1.5B	1.5B	1.5B	1.4B	1.5B	1.6B
Property, plant & equipment	1.8B	1.8B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B	1.9B
Goodwill & intangibles	17.5B	17.6B	17.3B	17.1B	16.9B	16.3B	16.3B	16.4B	16.3B	16.3B	16.3B	16.2B
Total assets	12.3B	12.3B	12.3B	12.2B	12.3B	11.8B	11.9B	11.9B	11.8B	11.9B	11.9B	12B
Accounts payable	190.7M	197.6M	198.1M	201.9M	152.8M	138.2M	172.3M	172.1M	156.2M	206.4M	158.4M	126.6M
Short-term debt	501M	963.4M	880M	769.6M	750.5M	687.7M	639.7M	847M	759.3M	1B	1.3B	1.4B
Total current liabilities	1.6B	2B	2B	1.8B	1.9B	1.8B	1.7B	1.9B	2B	2.3B	2.5B	2.6B
Long-term debt	5.5B	4.7B	4.7B	4.7B	4.7B	4.3B	4.3B	4.1B	4.1B	4.1B	4.1B	4.1B
Total liabilities	7.9B	7.6B	7.5B	7.3B	7.3B	6.8B	6.7B	6.7B	6.8B	7.1B	7.3B	7.5B
Shareholders' equity	4.5B	4.7B	4.7B	4.8B	5B	4.9B	5.1B	5.2B	5.1B	4.7B	4.7B	4.5B
Total debt	6B	5.7B	5.6B	5.5B	5.5B	5B	5B	4.9B	4.8B	5.1B	5.3B	5.5B
Net debt	5.6B	5.5B	5.4B	5.3B	5B	4.8B	4.8B	4.7B	4.6B	4.9B	5.1B	5.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	495.1M	598M	317M	-378.1M	526.2M	748.5M	700.2M	551.7M	607.3M	664.3M
Depreciation & amortization	268.7M	290.9M	315.9M	337.3M	399.3M	489.6M	568.6M	619.8M	680.6M	726.9M
Stock-based compensation	37.1M	38.3M	42.5M	49.7M	54.7M	54.9M	62.6M	71.8M	81.6M	78.4M
Change in working capital	71M	-67.1M	-4.5M	387.6M	49M	-26.3M	-625.6M	-42.5M	21.9M	117.1M
Operating cash flow	858.9M	816M	672.2M	313.8M	1.1B	1.3B	793.9M	1.1B	1.3B	1.6B
Capital expenditure	—	—	—	—	—	—	—	—	—	-481.4M
Investing cash flow	-1.8B	-131.3M	-139.6M	-297.9M	-71.4M	-2.9B	-335M	-276.9M	0	-554.3M
Dividends paid	-157.6M	-187.4M	-187.9M	-188.7M	-189.5M	-190M	-191.1M	-191.8M	-193.2M	-232.8M
Share repurchases	0	-77.1M	0	0	0	-69.9M	0	0	—	-927.5M
Financing cash flow	1.1B	-282.9M	-1.3B	535.6M	769.1M	570.9M	256.8M	-338.5M	-924.6M	-1.1B
Net change in cash	185.3M	401.8M	-749.4M	551.5M	1.8B	-1.1B	715.7M	515.2M	399.9M	-44.7M
Free cash flow	649.5M	597.8M	350.3M	-85.8M	524.9M	865.8M	132.6M	515.5M	813M	1.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	164.3M	134.5M	126.1M	165.1M	142.7M	173.4M	133.8M	192.6M	161.5M	176.4M	173.3M	185.1M
Depreciation & amortization	156.7M	158.8M	166.6M	166.9M	173.4M	173.7M	176.4M	179.3M	185.1M	186.1M	184.8M	191.4M
Stock-based compensation	9.1M	10.5M	41.2M	19.1M	11.6M	9.7M	33.5M	13.1M	17.3M	14.5M	43.3M	17.2M
Change in working capital	114.1M	20.6M	-63.3M	-61.9M	157.4M	-10.3M	-116.8M	-18.8M	159.1M	93.6M	-173M	-78.4M
Operating cash flow	381.9M	322.1M	252.7M	267.5M	479.5M	324.8M	223.9M	361.9M	559.9M	470.8M	241.9M	339.8M
Capital expenditure	—	—	—	—	—	—	—	—	-122M	-130M	-120.4M	-135M
Investing cash flow	-271.7M	-7.8M	0	0	0	0	—	—	-122M	-203.7M	-120.4M	-135M
Dividends paid	-48.1M	-48.1M	-48.2M	-48.2M	-48.4M	-48.4M	-48.5M	-62M	-61.5M	-60.8M	-67.1M	-66.4M
Share repurchases	—	—	—	—	—	—	—	-127.4M	-300M	-500.1M	-260M	-308.3M
Financing cash flow	606.2M	-383.4M	-151.8M	-277.8M	-95.4M	-316.2M	-156.2M	-379M	-540.3M	-80.4M	-128.1M	-223.6M
Net change in cash	716.4M	-69.1M	100.9M	-10.3M	384.1M	8.6M	67.7M	-17.1M	-102.4M	186.7M	-6.6M	-18.8M
Free cash flow	247.4M	176.4M	120.8M	130.8M	355.5M	205.9M	116.7M	238.9M	437.9M	340.8M	121.5M	204.8M

Date	Ratio
Dec 18, 1995	2:1
Dec 19, 1989	2:1
Mar 27, 1986	2:1
Mar 21, 1985	3:2
Sep 16, 1982	2:1

Equifax Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history