Equifax Inc (EFX)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 651,200 | 627,300 | 639,500 | 726,300 | 871,200 | 962,600 | 1,005,000 | 1,013,100 | 990,000 | 1,897,400 | 1,826,200 | 1,685,300 | 1,520,900 | 1,308,200 | 1,234,800 | 1,190,800 | 828,500 | 711,900 | 1,032,400 | 1,462,000 |
| Revenue (ttm) | US$ in thousands | 5,020,200 | 4,899,200 | 4,840,100 | 4,858,300 | 4,937,400 | 5,007,900 | 4,998,600 | 4,923,400 | 4,775,900 | 4,682,300 | 4,525,300 | 4,271,600 | 4,022,800 | 3,810,100 | 3,626,900 | 3,533,100 | 3,425,300 | 3,354,800 | 3,314,600 | 3,312,700 |
| Gross profit margin | 12.97% | 12.80% | 13.21% | 14.95% | 17.64% | 19.22% | 20.11% | 20.58% | 20.73% | 40.52% | 40.36% | 39.45% | 37.81% | 34.34% | 34.05% | 33.70% | 24.19% | 21.22% | 31.15% | 44.13% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $651,200K ÷ $5,020,200K
= 12.97%
Equifax, Inc.'s gross profit margin has shown a declining trend over the past quarters. The company's gross profit margin decreased from 57.49% in Q4 2022 to 55.65% in Q4 2023. This decrease may be indicative of potential challenges in managing production costs or pricing strategies. It is important for Equifax to closely monitor and address factors affecting its gross profit margin to ensure sustainable profitability in the future.