Equifax Inc. operates as a data, analytics, and technology company. The company operates through three segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment offers services that enables customers to verify income, employment, educational history, criminal justice data, healthcare professional licensure, and sanctions of people in the United States; and employer customers with services that that assist them in complying with and automating certain payroll-related and human resource management processes throughout the entire cycle of the employment relationship. The U.S. Information Solutions segment provides consumer and commercial information services, such as credit information and credit scoring, credit modeling and portfolio analytics, locate, fraud detection and prevention, identity verification, and other consulting services; mortgage services; financial marketing services; identity management services; and credit monitoring products. The International segment offers information service products, which include consumer and commercial services comprising credit and financial information, and credit scoring and modeling; and credit and other marketing products and services, as well as information, technology, and services to support debt collections and recovery management. The company also provides information solutions for businesses, governments and consumers; and human resources business process automation and outsourcing services for employers. It operates in Argentina, Australia, Brazil, Canada, Chile, Costa Rica, Dominican Republic, Ecuador, El Salvador, Honduras, India, Ireland, Mexico, New Zealand, Paraguay, Peru, Portugal, Spain, the United Kingdom, Uruguay, and the United States. The company was founded in 1899 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.1B | $1.8B | $660M | $1.1B | 14.3% | 6.9% | 9.3% |
| 2024 | $5.7B | $1.7B | $604M | $813M | 12.6% | 7.9% | 10.8% |
| 2023 | $5.3B | $1.6B | $545M | $516M | 12.0% | 2.8% | -21.7% |
| 2022 | $5.1B | $1.7B | $696M | $133M | 17.6% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 5,122.20 | 5,265.20 | 5,681.10 | 6,074.50 |
| Operating Revenue | - | 5,122.20 | 5,265.20 | 5,681.10 | 6,074.50 |
| Cost Of Revenue | - | 2,177.20 | 2,335.10 | 2,518.70 | 2,645.60 |
| Gross Profit | - | 2,945 | 2,930.10 | 3,162.40 | 3,428.90 |
| Operating Expense | - | 1,889 | 1,996.50 | 2,120.30 | 2,333.70 |
| Selling General And Administration | - | 1,328.90 | 1,385.70 | 1,450.50 | 1,614.20 |
| Total Expenses | - | 4,066.20 | 4,331.60 | 4,639 | 4,979.30 |
| Operating Income | - | 1,056 | 933.60 | 1,042.10 | 1,095.20 |
| Total Operating Income As Reported | - | 1,056 | 933.60 | 1,042.10 | 1,095.20 |
| EBITDA | - | 1,681.30 | 1,579.10 | 1,720.20 | 1,834.10 |
| Normalized EBITDA | - | 1,681.30 | 1,579.10 | 1,720.20 | 1,834.10 |
| EBIT | - | 1,112.70 | 959.30 | 1,039.60 | 1,107.20 |
| Interest Expense | - | 183 | 241.40 | 229.10 | 212.30 |
| Net Interest Income | - | -183 | -241.40 | -229.10 | -212.30 |
| Other Non Operating Income Expenses | - | 56.70 | 25.70 | -2.50 | 12 |
| Other Income Expense | - | 56.70 | 25.70 | -2.50 | 12 |
| Interest Expense Non Operating | - | 183 | 241.40 | 229.10 | 212.30 |
| Net Non Operating Interest Income Expense | - | -183 | -241.40 | -229.10 | -212.30 |
| Pretax Income | - | 929.70 | 717.90 | 810.50 | 894.90 |
| Tax Provision | - | 229.50 | 166.20 | 203.20 | 230.60 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 700.20 | 551.70 | 607.30 | 664.30 |
| Net Income From Continuing And Discontinued Operation | - | 696.20 | 545.30 | 604.10 | 660.30 |
| Net Income From Continuing Operation Net Minority Interest | - | 696.20 | 545.30 | 604.10 | 660.30 |
| Net Income | - | 696.20 | 545.30 | 604.10 | 660.30 |
| Net Income Common Stockholders | - | 696.20 | 545.30 | 604.10 | 660.30 |
| Net Income Including Noncontrolling Interests | - | 700.20 | 551.70 | 607.30 | 664.30 |
| Normalized Income | - | 696.20 | 545.30 | 604.10 | 660.30 |
| Diluted NI Availto Com Stockholders | - | 696.20 | 545.30 | 604.10 | 660.30 |
| Basic Average Shares | - | 122.40 | 122.90 | 123.80 | 123.20 |
| Diluted Average Shares | - | 123.30 | 123.90 | 124.90 | 124.10 |
| Reconciled Depreciation | - | 568.60 | 619.80 | 680.60 | 726.90 |
| Reconciled Cost Of Revenue | - | 2,168.70 | 2,326.10 | 2,507.90 | 2,638.20 |
| Minority Interests | - | -4 | -6.40 | -3.20 | -4 |
| Depreciation Amortization Depletion Income Statement | - | 560.10 | 610.80 | 669.80 | 719.50 |
| Depreciation And Amortization In Income Statement | - | 560.10 | 610.80 | 669.80 | 719.50 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Equifax Inc.this co. | EFX | $20.6B | 31.24β premium | 4.48 | 14.3% | 13.92 |
| Verisk Analytics, Inc. | VRSK | $23.6B | 25.96 | 76.32 | 293.9% | 15.76 |
| C.H. Robinson Worldwide, Inc. | CHRW | $21.8B | 37.06 | 11.79 | 31.8% | 25.61 |
| Expeditors International of Washington, Inc. | EXPD | $20.9B | 25.85 | 8.89 | 34.4% | 18.21 |
| Veralto Corporation | VLTO | $20.8B |
| - |
| - |
| - |
| - |
| 22.14 |
| 6.70 |
| 30.3% |
| 16.08 |
| Southwest Airlines Co. | LUV | $20.2B | 45.79 | 2.53 | 5.5% | 10.26 |
| Snap-on Incorporated | SNA | $19.6B | 19.30 | 3.31 | 17.1% | 12.99 |
| Global Payments Inc. | GPN | $18.5B | 13.25 | 0.81 | 6.1% | 9.65 |
| Lennox International Inc. | LII | $18.0B | 22.37 | 15.50 | 69.3% | 17.10 |
| Peer Median | - | 24.11 | 7.80 | 31.0% | 15.92 | |