Equifax Inc (EFX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 545,300 | 521,100 | 524,600 | 586,900 | 696,300 | 710,200 | 749,900 | 764,400 | 744,200 | 696,600 | 719,700 | 604,800 | 520,100 | 461,400 | 316,700 | 286,000 | -384,100 | -374,300 | -419,700 | -344,400 |
| 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 |
| Net profit margin | 10.86% | 10.64% | 10.84% | 12.08% | 14.10% | 14.18% | 15.00% | 15.53% | 15.58% | 14.88% | 15.90% | 14.16% | 12.93% | 12.11% | 8.73% | 8.09% | -11.21% | -11.16% | -12.66% | -10.40% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $545,300K ÷ $5,020,200K
= 10.86%
Equifax, Inc.'s net profit margin has shown a fluctuating trend over the past eight quarters. The net profit margin measures the company's profitability by indicating how much of each dollar of revenue translates into profit after all expenses are taken into account.
In Q1 2022, Equifax reported a strong net profit margin of 15.06%, indicating that the company was able to retain a relatively high portion of its revenue as profit. However, there was a subsequent decline in the net profit margin in the following quarters, reaching its lowest point of 10.14% in Q3 2023.
Although the net profit margin saw fluctuations, it generally remained within the range of 10% to 15% over the period analyzed. This suggests that Equifax was able to maintain a certain level of profitability despite the changes in performance quarter over quarter.
It is important to further analyze the reasons behind these fluctuations in order to gain deeper insights into the financial health and operational efficiency of Equifax, Inc.