Equifax Inc (EFX)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 5,681,100 | 5,588,200 | 5,465,500 | 5,352,600 | 5,265,200 | 5,136,600 | 5,061,800 | 5,060,900 | 5,122,100 | 5,177,400 | 5,156,000 | 5,074,100 | 4,923,900 | 4,789,200 | 4,634,600 | 4,382,600 | 4,127,500 | 3,914,800 | 3,722,200 | 3,619,400 |
| Total assets | US$ in thousands | 11,759,400 | 12,344,300 | 12,152,300 | 12,251,300 | 12,289,000 | 12,348,900 | 11,537,900 | 11,583,900 | 11,547,900 | 11,308,000 | 11,221,200 | 11,391,700 | 11,040,900 | 11,083,300 | 9,340,300 | 9,669,400 | 9,611,800 | 9,249,800 | 8,832,800 | 7,622,800 |
| Total asset turnover | 0.48 | 0.45 | 0.45 | 0.44 | 0.43 | 0.42 | 0.44 | 0.44 | 0.44 | 0.46 | 0.46 | 0.45 | 0.45 | 0.43 | 0.50 | 0.45 | 0.43 | 0.42 | 0.42 | 0.47 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $5,681,100K ÷ $11,759,400K
= 0.48
Equifax Inc's total asset turnover ratio demonstrates the efficiency with which the company is utilizing its total assets to generate revenue. The trend of the total asset turnover ratio over the provided period shows some fluctuations but generally remains within a relatively stable range.
From March 31, 2020, to December 31, 2024, the total asset turnover ratio ranged from 0.42 to 0.50. This means that, on average, for every dollar of total assets Equifax holds, they are generating between $0.42 and $0.50 of revenue.
The ratio experienced fluctuations, with a slight increase from 0.47 on March 31, 2020, to a peak of 0.50 on June 30, 2021, before stabilizing around 0.44 to 0.48 in the subsequent periods. This indicates that Equifax is efficiently utilizing its total assets to generate sales.
However, it's important to further analyze the underlying factors contributing to these fluctuations in the total asset turnover ratio to gain a complete understanding of Equifax's operational efficiency and asset management strategies.