Equifax Inc (EFX)
Gross profit margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,162,300 | 2,946,400 | 2,883,700 | 2,813,700 | 2,773,600 | 2,843,800 | 2,811,700 | 2,856,700 | 2,944,900 | 3,013,700 | 3,045,800 | 3,023,000 | 2,942,900 | 2,853,000 | 2,754,200 | 2,575,900 | 2,390,000 | 2,275,300 | 2,141,400 | 2,071,000 |
| 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 |
| Gross profit margin | 55.66% | 52.73% | 52.76% | 52.57% | 52.68% | 55.36% | 55.55% | 56.45% | 57.49% | 58.21% | 59.07% | 59.58% | 59.77% | 59.57% | 59.43% | 58.78% | 57.90% | 58.12% | 57.53% | 57.22% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,162,300K ÷ $5,681,100K
= 55.66%
Equifax Inc's gross profit margin has shown fluctuations over the years based on the provided data. The trend indicates an overall increase from March 2020 to December 2021, with the margin gradually rising from 57.22% to 59.77%. This signifies an improvement in the company's ability to generate profits after accounting for the cost of sales during this period.
However, starting from March 2022, there was a slight decline in the gross profit margin, reaching its lowest point at 52.57% by March 2024. This could indicate potential challenges in managing production costs or pricing strategies during this period.
The increase in the gross profit margin in December 2024 to 55.66% may suggest a recovery or strategic adjustments by Equifax Inc to enhance profitability. It is important for stakeholders to monitor these fluctuations in the gross profit margin closely to understand the company's cost structure and profitability levels.