Equifax Inc.'s Stock Analysis

Equifax Reports Q2 2025 Financial Results and Shareholder Returns

Equifax Inc. announced its financial results for the second quarter of 2025, reporting revenues of $1.537 billion, which reflects a 7% increase on a reported basis and an 8% increase in local currency compared to the same period last year. The growth was driven by a 14% increase in U.S. Mortgage revenue, despite challenges in the mortgage market, and an 8% growth in Workforce Solutions. The company also noted strong performance in Verification Services and U.S. Information Solutions, with solid revenue increases across various segments. Net income for the quarter was $191.3 million, a 17% rise from the previous year, resulting in a diluted EPS of $1.53 per share, also up 17% year-over-year.

Equifax returned approximately $190 million to shareholders in the second quarter, which included $127 million in share repurchases as part of its $3 billion share repurchase program. The company is maintaining its full-year revenue guidance while increasing its reported revenue expectations by $35 million due to foreign exchange impacts. Equifax anticipates generating over $900 million in free cash flow for the year, with a cash conversion ratio exceeding 95%, and continues to focus on growth and innovation through its new cloud capabilities.

Jul 22, 2025 06:33:09

Equifax Reports Q1 Results; Announces $3B Buyback, Dividend Increase

Equifax reported first quarter 2025 revenue of $1.442 billion, representing a 4% increase compared to the same period last year, and exceeding guidance by $37 million. The company experienced growth in U.S. Mortgage revenue, which rose by 7%, despite challenges in the mortgage market. The Workforce Solutions segment also saw a 3% revenue increase, while the USIS segment grew by 7%. Equifax maintained its full-year guidance for 2025, anticipating local currency revenue growth of 6% and adjusted earnings per share of $7.45.

In addition to its financial results, Equifax's Board of Directors authorized a new $3 billion share repurchase program expected to be completed over four years and announced a 28% increase in the quarterly dividend to $0.50 per share, payable on June 13, 2025. The company has reported cash dividends for over 100 consecutive years. Equifax continues to focus on its strategic priorities, with over 85% of revenue now generated from its cloud platform, aiming to enhance growth and return cash to shareholders.

Apr 22, 2025 06:32:09

Equifax Reports $1.419 Billion Revenue in Q4 2024

Equifax announced a revenue increase of 7% for the fourth quarter of 2024, reaching $1.419 billion, with a notable 29% growth in U.S. Mortgage revenue. The company also reported a 31% rise in net income, totaling $174 million, and a 17% increase in adjusted earnings per share to $2.12. The performance was bolstered by a 12% Vitality Index in new product innovation and a strong cash flow of $813 million, up 58% from the previous year, positioning the company for potential shareholder returns through dividends and share repurchases in 2025. Additionally, international revenue grew by 11% in local currency terms, indicating positive global performance despite domestic challenges.

Conversely, Equifax faced challenges as employer services revenue declined by 9% due to weaker hiring conditions in the U.S. The company also anticipates a 12% decline in U.S. mortgage hard credit inquiries for 2025, reflecting ongoing market pressures. While the overall financial results were positive, the decline in certain sectors and the projected decrease in credit inquiries highlight potential risks in the upcoming year, indicating a mixed outlook amid growth in other areas.

Feb 06, 2025 06:34:34

Equifax CEO Mark W. Begor to Lead Beyond 2025

Equifax announced that CEO Mark W. Begor will continue in his role beyond 2025, following his successful leadership over the past six years. Under his guidance, the company has seen a 50% revenue increase since 2018, despite a significant decline in the mortgage market. Additionally, the company has undergone a major $1.5 billion technology transformation to enhance innovation and growth, and has made over $4.5 billion in strategic acquisitions, delivering more than 100 new products annually for four years.

However, the company faces challenges amid a declining mortgage market, which saw a 34% drop in 2022 and 2023. Despite these economic hurdles, the leadership transition and ongoing investments in technology and data assets are critical for Equifax to maintain its growth trajectory. The press release emphasizes the importance of continued innovation and shareholder value, while also acknowledging the uncertainties that may impact future performance.

Nov 08, 2024 16:16:00

Equifax Reports Strong Q3 2024 Revenue Growth and Challenges

Equifax announced a strong revenue growth of 9% for the third quarter of 2024, totaling $1.442 billion. The company's non-mortgage sector performed particularly well, with a 10% increase in local currency revenue. Their Workforce Solutions segment saw a notable 19% growth in non-mortgage verification services, driven by strong demand from government and talent solutions. Additionally, international revenue grew by 18% in local currency, showcasing the company's global expansion efforts. However, despite the revenue growth, the net income attributable to Equifax dropped by 13%, indicating challenges in profitability amidst rising operational costs.

The report also highlighted a significant decline in Employer Services revenue, which fell by 19%. While the overall financial results were positive, the decrease in net income and certain segments raises concerns about sustaining profitability in the face of operational pressures. The company's adjusted earnings per share also saw a decline of 14% compared to the previous year. Despite these challenges, Equifax expressed confidence in its strategic initiatives and product innovations, aiming to drive future growth and improve margins.

Oct 16, 2024 16:12:35

Equifax Q2 2024 Strong Revenue Growth

Equifax reports a 9% revenue increase in Q2 2024, led by 13% growth in non-mortgage services. Despite a 13% drop in USIS mortgage credit inquiries, U.S. mortgage revenue grew by 4%. Workforce Solutions saw a 5% revenue increase, with 12% growth in non-mortgage services, especially in Government and Talent Solutions. International revenue surged by 17%, with 28% growth in local currency. Equifax maintains full-year guidance, anticipating a revenue increase of 8.6% and adjusted EPS of $7.35. Net income rose by 19% to $163.9 million in Q2 2024 compared to the previous year.

Jul 17, 2024 16:11:34

Equifax Appoints Barbara Larson to Board of Directors

Equifax has elected Barbara Larson, former CFO of Workday, to its board of directors. Larson's financial leadership and experience in human capital management and enterprise technology are expected to benefit Equifax's strategic growth. She will join the Audit Committee, bringing the total number of directors to ten, with nine being independent. Equifax aims to leverage Larson's expertise as it continues to evolve into a global data, analytics, and technology company, expanding beyond traditional credit bureau services.

May 07, 2024 07:35:01

Equifax Reports 7% Revenue Growth Despite Mortgage Market Challenges

Equifax's Q1 2024 revenue grew by 7%, with strong US mortgage revenue and significant growth in non-mortgage sectors. The company maintains full-year 2024 revenue guidance at $5.720 billion, expecting 8.6% growth. Net income increased by 11%, and diluted EPS rose by 10% compared to the previous year. Workforce Solutions revenue increased by 1%, while USIS revenue grew by 10%. International revenue also saw a 13% increase. Adjusted EPS rose by 5% in Q1 2024, and Adjusted EBITDA margin remained stable.

Apr 17, 2024 16:20:41

Equifax Reports Strong Revenue Growth Amid Challenging Mortgage Market

Equifax Inc. announced an 11% revenue growth in the fourth quarter of 2023, with strong performance in non-mortgage businesses. The company also reported a 3% full-year revenue growth despite a significant decline in mortgage revenue. Equifax is issuing a full-year 2024 guidance with an expected 8.6% revenue increase and strong double-digit non-mortgage revenue growth. The CEO expressed confidence in the company's strategic priorities and future growth, highlighting the strong momentum and long-term revenue growth framework.

Feb 07, 2024 16:25:53

Equifax Reports Strong Execution in Challenging Mortgage Market

Equifax announced strong execution towards strategic priorities in the challenging mortgage market, with third quarter revenue of $1.319 billion, up 6% and up 6.5% in local currency. The company achieved savings of $210 million through the Cloud spending reduction plan and saw organic non-mortgage revenue growth of 7%. Workforce Solutions non-mortgage revenue grew 11%, USIS revenue grew 7%, and international revenue grew 10% on a reported basis. Equifax also closed the acquisition of Boa Vista Serviços, the second largest credit bureau in Brazil, which will expand its capabilities in the Brazilian market.

Oct 18, 2023 16:17:32