Equifax (EFX) FY2024 results: revenue $5.7 billion, up 7.9% on the year
Equifax Inc. (EFX) reported revenue of $5.7 billion for fiscal 2024, the year ended 31 December 2024, up 7.9% on the year before. Net income was $604 million, up 10.8%, and diluted earnings per share $4.84. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$5.7 billion
+7.9% on the year
FY2017FY2024
Operating margin
18.3%
17.7% a year earlier
FY2017FY2024
Net income
$604 million
+10.8% on the year
FY2017FY2024
Diluted EPS
$4.84
+10.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
1,324
1,117
757
+18.6%
Capital expenditure
512
601
624
-14.9%
Free cash flow
813
516
133
+57.7%
Free cash flow margin
14.3%
9.8%
2.6%
Cash from investing
-512
-878
-960
Cash from financing
-846
-306
274
Depreciation and amortisation
681
620
569
+9.8%
Share-based compensation
81.6
71.8
62.6
+13.6%
Buybacks
0.0
0.0
0.0
Dividends paid
193
192
191
+0.7%
Dividend per share
$1.56
$1.56
$1.56
0.0%
Diluted shares, weighted
125m
124m
123m
+0.8%
Shares outstanding at period end
124m
123m
122m
+0.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
4,797
4,534
3,956
+5.8%
Non-controlling interest
17.5
18.3
16.8
-4.4%
Redeemable equity
105
135
0.0
-22.1%
Debt
5,038
5,742
5,817
-12.3%
Other liabilities
1,802
1,851
1,757
-2.6%
Total liabilities and equity
11,759
12,280
11,548
-4.2%
Fixed assets
1,892
1,834
1,587
+3.2%
Goodwill
6,548
6,830
6,384
-4.1%
Intangible assets
1,521
1,859
1,818
-18.2%
Cash and equivalents
170
217
285
-21.6%
Receivables
958
908
858
+5.4%
Other assets
671
632
616
+6.2%
Total assets
11,759
12,280
11,548
-4.2%
10-K for the year ended 31 December 2024, filed 20 February 2025: the filing.