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EFX

Equifax Inc.

EFX

Equifax Inc. • NYSE
$212.37 ▼ -0.16% (-0.33)
Market Cap $26.29 B
52w High $281.07
52w Low $199.98
Dividend Yield 1.89%
P/E 40.15
Volume 709.37K
Outstanding Shares 123.80M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.545B ▲ $617.4M ▲ $160.2M ▼ 10.37% ▼ $1.3 ▼ $450.8M ▼
Q2-2025 $1.537B ▲ $561.6M ▲ $191.3M ▲ 12.446% ▲ $1.54 ▲ $493.7M ▲
Q1-2025 $1.442B ▲ $549.5M ▲ $133.1M ▼ 9.23% ▼ $1.07 ▼ $414.7M ▼
Q4-2024 $1.419B ▼ $516.3M ▼ $174M ▲ 12.259% ▲ $1.4 ▲ $455M ▲
Q3-2024 $1.442B $549.5M $141.3M 9.8% $1.14 $423.5M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $189M $11.832B ▼ $6.756B ▲ $4.939B ▼
Q2-2025 $189M ▼ $11.918B ▲ $6.682B ▼ $5.104B ▲
Q1-2025 $195.2M ▲ $11.855B ▲ $6.742B ▼ $4.981B ▲
Q4-2024 $169.9M ▼ $11.759B ▼ $6.84B ▼ $4.797B ▼
Q3-2024 $468.2M $12.344B $7.298B $4.909B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $161.5M ▼ $559.9M ▲ $-122M ▼ $-420.9M ▼ $19.1M ▲ $437.9M ▲
Q2-2025 $192.6M ▲ $361.1M ▲ $-121.4M ▼ $-251M ▼ $-6.2M ▼ $238.9M ▲
Q1-2025 $133.8M ▼ $223.9M ▼ $-107.2M ▲ $-95.8M ▲ $25.3M ▲ $116.7M ▼
Q4-2024 $173.4M ▲ $324.8M ▼ $-118.9M ▲ $-501.4M ▼ $-298.3M ▼ $205.9M ▼
Q3-2024 $142.7M $479.5M $-124M $-64.3M $286.3M $355.5M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q3-2025
International
International
 $340.00M ▲$350.00M ▲$320.00M ▼$370.00M ▲
United States Consumer Information Solutions
United States Consumer Information Solutions
 $480.00M ▲$470.00M ▼$530.00M ▲$530.00M ▲
Workforce
Workforce
 $620.00M ▲$600.00M ▼$630.00M ▲$650.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Equifax’s income statement shows a business that has grown steadily while maintaining healthy profitability. Revenue has increased each year, even through mixed macro conditions, which suggests resilient demand for its data and verification services. Profit margins have stayed solid, although earnings have bounced around a bit as the company invested heavily in technology and absorbed shifts in lending and hiring cycles. Overall, the core business looks robust, with earnings recovering after a softer patch and now trending upward again.

Balance Sheet

Balance Sheet The balance sheet reflects a sizable, mature company that has leaned on debt to fund growth and technology transformation. Total assets and shareholder equity have risen over time, which is a positive sign of reinvestment and accumulated value. However, debt sits at a meaningful level relative to cash and equity, pointing to a leveraged but still manageable capital structure. The low cash balance means the company relies on consistent cash generation and access to credit markets rather than a large cash cushion.

Cash Flow

Cash Flow Cash flow is a key strength, with the business consistently generating more cash from operations than it spends on capital investments. Operating cash flow dipped a couple of years ago but has since recovered nicely, in line with earnings. Free cash flow has been positive but sometimes tight, largely because Equifax has been spending heavily on technology, cloud, and data infrastructure. As those big investment phases mature, there is room for cash generation to improve further, assuming revenue and margins hold up.

Competitive Edge

Competitive Edge Equifax operates in a highly concentrated market, effectively a triopoly, which provides strong structural advantages. Its edge comes from unique data sets, especially in employment and income verification, deep integration into customer workflows, and regulatory requirements that favor established players. These factors create high switching costs and a wide competitive moat, particularly in the Workforce Solutions segment. The main ongoing risks are regulatory scrutiny, data-privacy expectations, and exposure to credit and employment cycles that can influence demand for its services.

Innovation and R&D

Innovation and R&D Innovation is a central pillar of Equifax’s strategy, anchored by a very large investment in its cloud platform and AI capabilities. Moving its data and analytics into a unified cloud environment allows faster product development and more sophisticated modeling. Tools like EFX.AI, NeuroDecision, Ignite, InterConnect, and the Kount fraud platform position the company at the higher-value, analytical end of the market rather than just basic data delivery. The push into open banking, alternative data, and new scoring and sustainability tools suggests a strong pipeline of products that could deepen customer reliance on Equifax’s ecosystem over time, while also requiring ongoing spend and careful attention to responsible AI and data governance.

Summary

Equifax today looks like a scaled, profitable data and analytics franchise that has used a heavy technology investment cycle to strengthen its long-term position. Financially, it shows steady revenue growth, solid margins, and improving cash flow, balanced against a higher level of debt and modest cash on hand. Competitively, it benefits from powerful moats built on proprietary data, integration into client processes, and regulatory barriers, especially in verification services. Its future trajectory will depend on how effectively it monetizes its cloud and AI investments, manages regulatory and data-security expectations, and navigates economic cycles that affect lending and employment activity.

NEWS

November 26, 2025 · 5:30 AM UTC

Credit Card Balances Expected to Peak in December with the Holiday Season

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November 21, 2025 · 6:00 AM UTC

Equifax Canada collaborating to help protect Canadians against scams

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November 18, 2025 · 7:45 AM UTC

Kikoff Integrates Optimal Path™ Interactive Score Planner from Equifax

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November 17, 2025 · 4:15 PM UTC

Equifax Announces Acquisition of Vault Verify

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November 13, 2025 · 4:20 PM UTC

Equifax Assists Regulated Businesses with AML Compliance

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