Equifax (EFX) | Financial Analysis & Statements
Equifax Inc. Large-cap Industrials
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
1.6B
Gross Profit
889.4M
57.36%
Operating Income
284.2M
18.33%
Net Income
176.4M
11.38%
EPS (Diluted)
$1.44
Balance Sheet Metrics
Total Assets
11.9B
Total Liabilities
7.1B
Shareholders Equity
4.7B
Debt to Equity
1.50
Cash Flow Metrics
Operating Cash Flow
471.2M
Free Cash Flow
340.8M
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
Equifax Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 6.1B | 5.7B | 5.3B | 5.1B | 4.9B |
| Cost of Goods Sold | 2.6B | 2.5B | 2.3B | 2.2B | 2.0B |
| Gross Profit | 3.4B | 3.2B | 2.9B | 2.9B | 2.9B |
| Gross Margin % | 56.4% | 55.7% | 55.7% | 57.5% | 59.8% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 1.6B | 1.5B | 1.4B | 1.3B | 1.3B |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 1.6B | 1.5B | 1.4B | 1.3B | 1.3B |
| Operating Income | 1.1B | 1.0B | 933.6M | 1.1B | 1.1B |
| Operating Margin % | 18.0% | 18.3% | 17.7% | 20.6% | 23.1% |
| Non-Operating Items | |||||
| Interest Income | - | - | - | - | - |
| Interest Expense | 212.3M | 229.1M | 241.4M | 183.0M | 145.6M |
| Other Non-Operating Income | 12.0M | -2.5M | 25.7M | 56.7M | -43.2M |
| Pre-tax Income | 894.9M | 810.5M | 717.9M | 929.7M | 949.2M |
| Income Tax | 230.6M | 203.2M | 166.2M | 229.5M | 200.7M |
| Effective Tax Rate % | 25.8% | 25.1% | 23.2% | 24.7% | 21.1% |
| Net Income | 664.3M | 607.3M | 551.7M | 700.2M | 748.5M |
| Net Margin % | 10.9% | 10.7% | 10.5% | 13.7% | 15.2% |
| Key Metrics | |||||
| EBITDA | 1.8B | 1.7B | 1.6B | 1.7B | 1.6B |
| EPS (Basic) | $5.36 | $4.88 | $4.44 | $5.69 | $6.11 |
| EPS (Diluted) | $5.32 | $4.84 | $4.40 | $5.65 | $6.02 |
| Basic Shares Outstanding | 123200000 | 123800000 | 122900000 | 122400000 | 121900000 |
| Diluted Shares Outstanding | 123200000 | 123800000 | 122900000 | 122400000 | 121900000 |
Income Statement Trend
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Equifax Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 180.8M | 169.9M | 216.8M | 285.2M | 224.7M |
| Short-term Investments | - | - | - | - | - |
| Accounts Receivable | 1.0B | 957.6M | 908.2M | 857.7M | 727.6M |
| Inventory | - | - | - | - | - |
| Other Current Assets | 74.5M | 98.2M | 88.8M | 93.3M | 60.2M |
| Total Current Assets | 1.4B | 1.4B | 1.4B | 1.4B | 1.1B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 299.6M | 285.0M | 272.9M | 543.0M | 549.9M |
| Goodwill | 14.9B | 14.7B | 15.6B | 14.7B | 14.5B |
| Intangible Assets | 1.4B | 1.6B | 2.0B | 1.9B | 2.0B |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 347.8M | 343.4M | 306.2M | 293.2M | 353.1M |
| Total Non-Current Assets | 10.5B | 10.4B | 10.9B | 10.2B | 9.9B |
| Total Assets | 11.9B | 11.8B | 12.3B | 11.5B | 11.0B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 206.4M | 138.2M | 197.6M | 250.8M | 211.6M |
| Short-term Debt | 1.0B | 687.7M | 963.4M | 967.2M | 824.8M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 427.4M | 403.2M | 334.7M | 296.6M | 638.2M |
| Total Current Liabilities | 2.3B | 1.8B | 2.0B | 2.0B | 2.3B |
| Non-Current Liabilities | |||||
| Long-term Debt | 4.1B | 4.3B | 4.7B | 4.8B | 4.5B |
| Deferred Tax Liabilities | 390.8M | 351.6M | 474.9M | 460.3M | 358.2M |
| Other Non-Current Liabilities | 241.1M | 247.2M | 250.7M | 178.6M | 190.0M |
| Total Non-Current Liabilities | 4.8B | 5.0B | 5.6B | 5.6B | 5.1B |
| Total Liabilities | 7.1B | 6.8B | 7.6B | 7.6B | 7.4B |
| Equity | |||||
| Common Stock | 236.6M | 236.6M | 236.6M | 236.6M | 236.6M |
| Retained Earnings | 6.4B | 6.0B | 5.6B | 5.3B | 4.8B |
| Treasury Stock | 3.6B | 2.6B | 2.6B | 2.7B | 2.6B |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 4.7B | 4.9B | 4.7B | 4.0B | 3.6B |
| Key Metrics | |||||
| Total Debt | 5.1B | 5.0B | 5.7B | 5.8B | 5.3B |
| Working Capital | -923.2M | -450.9M | -662.7M | -644.7M | -1.2B |
Balance Sheet Composition
Equifax Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 664.3M | 607.3M | 551.7M | 700.2M | 748.5M |
| Depreciation & Amortization | 726.9M | 680.6M | 619.8M | 568.6M | 489.6M |
| Stock-Based Compensation | 78.4M | 81.6M | 71.8M | 62.6M | 54.9M |
| Working Capital Changes | 117.1M | 21.9M | -42.5M | -625.6M | -26.3M |
| Operating Cash Flow | 1.6B | 1.3B | 1.1B | 793.9M | 1.3B |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Acquisitions | -72.9M | 0 | -276.9M | -335.0M | -2.9B |
| Investment Purchases | - | - | - | - | - |
| Investment Sales | - | - | - | - | - |
| Investing Cash Flow | -72.9M | 0 | -276.9M | -335.0M | -2.9B |
| Financing Activities | |||||
| Share Repurchases | -927.5M | - | 0 | 0 | -69.9M |
| Dividends Paid | -232.8M | -193.2M | -191.8M | -191.1M | -190.0M |
| Debt Issuance | 1.7M | 649.8M | 872.9M | 749.3M | 1.7B |
| Debt Repayment | -400.2M | -1.4B | -579.3M | -500.0M | -1.1B |
| Financing Cash Flow | -1.1B | -924.6M | -338.5M | 256.8M | 570.9M |
| Free Cash Flow | 1.1B | 813.0M | 515.5M | 132.6M | 865.8M |
| Net Change in Cash | 437.9M | 399.9M | 515.2M | 715.7M | -1.1B |
Cash Flow Trend
Equifax Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
31.45
Forward P/E
17.39
Price to Book
4.69
Price to Sales
3.43
PEG Ratio
0.93
Profitability Ratios
Profit Margin
11.12%
Operating Margin
17.45%
Return on Equity
14.37%
Return on Assets
6.27%
Financial Health
Current Ratio
0.61
Debt to Equity
113.35
Per Share Data
EPS (TTM)
$5.68
Book Value per Share
$38.06
Revenue per Share
$51.41
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| EFX | 21.1B | 31.45 | 4.69 | 14.37% | 11.12% | 113.35 |
| Verisk Analytics | 24.4B | 27.34 | 79.33 | 437.95% | 29.56% | 1,581.80 |
| Booz Allen Hamilton | 9.5B | 12.02 | 9.55 | 75.08% | 7.35% | 403.61 |
| Fti Consulting | 5.7B | 22.45 | 3.24 | 13.57% | 7.15% | 36.15 |
| Huron Consulting | 2.0B | 21.82 | 3.98 | 19.27% | 6.32% | 104.45 |
| Icf International | 1.2B | 13.78 | 1.21 | 9.11% | 4.89% | 55.75 |
Financial data is updated regularly. All figures are in the company's reporting currency.






