Equifax Inc (EFX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 604,100 | 545,300 | 696,200 | 744,200 | 520,100 |
| Revenue | US$ in thousands | 5,681,100 | 5,265,200 | 5,122,200 | 4,923,900 | 4,127,500 |
| Net profit margin | 10.63% | 10.36% | 13.59% | 15.11% | 12.60% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $604,100K ÷ $5,681,100K
= 10.63%
The net profit margin of Equifax Inc has exhibited varying trends over the past five years. In December 2020, the net profit margin was 12.60%, indicating that the company retained $0.126 in net earnings for every dollar of revenue generated. The margin increased to 15.11% by December 2021, showcasing improved profitability. However, by December 2022, the net profit margin slightly decreased to 13.59%. In the following year, December 2023, the net profit margin experienced a notable decline to 10.36%, potentially signaling challenges in operational efficiency or cost management. By December 2024, there was a slight improvement in the net profit margin to 10.63%. Overall, fluctuations in the net profit margin suggest that Equifax Inc has undergone varying levels of profitability over the analyzed period, which may warrant further investigation into the company's financial performance and strategic decisions.