Equifax (EFX) FY2021 results: revenue $4.9 billion, up 19.3% on the year
Equifax Inc. (EFX) reported revenue of $4.9 billion for fiscal 2021, the year ended 31 December 2021, up 19.3% on the year before. Net income was $744 million, up 43.1%, and diluted earnings per share $6.02. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2022.
Revenue
$4.9 billion
+19.3% on the year
FY2016FY2021
Operating margin
23.1%
16.4% a year earlier
FY2016FY2021
Net income
$744 million
+43.1% on the year
FY2016FY2021
Diluted EPS
$6.02
+42.0% on the year
FY2016FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,335
946
314
+41.1%
Capital expenditure
469
421
400
+11.3%
Free cash flow
866
525
-85.8
+64.9%
Free cash flow margin
17.6%
12.7%
-2.4%
Cash from investing
-3,398
-493
-698
Cash from financing
618
811
558
-23.8%
Depreciation and amortisation
490
399
337
+22.6%
Share-based compensation
54.9
54.7
49.7
+0.4%
Buybacks
69.9
0.0
0.0
Dividends paid
190
190
189
+0.3%
Dividend per share
$1.56
$1.56
$1.56
0.0%
Diluted shares, weighted
124m
123m
122m
+0.7%
Shares outstanding at period end
122m
122m
121m
+0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
3,584
3,168
2,579
+13.1%
Non-controlling interest
16.8
41.9
44.3
-59.9%
Debt
5,325
4,402
3,403
+21.0%
Other liabilities
2,115
1,999
1,883
+5.8%
Total liabilities and equity
11,041
9,612
7,909
+14.9%
Fixed assets
1,316
1,139
948
+15.5%
Goodwill
6,258
4,496
4,308
+39.2%
Intangible assets
1,898
998
1,045
+90.2%
Cash and equivalents
225
1,685
401
-86.7%
Receivables
728
631
532
+15.4%
Other assets
617
664
675
-7.1%
Total assets
11,041
9,612
7,909
+14.9%
10-K for the year ended 31 December 2021, filed 24 February 2022: the filing.