Equifax Inc (EFX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,042,100 | 933,600 | 1,056,000 | 1,138,000 | 676,600 |
| Revenue | US$ in thousands | 5,681,100 | 5,265,200 | 5,122,200 | 4,923,900 | 4,127,500 |
| Operating profit margin | 18.34% | 17.73% | 20.62% | 23.11% | 16.39% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,042,100K ÷ $5,681,100K
= 18.34%
Equifax Inc's operating profit margin has shown some fluctuations over the five-year period from December 31, 2020, to December 31, 2024. Starting at 16.39% in 2020, the operating profit margin increased to 23.11% by the end of 2021, indicating a significant improvement in profitability. However, in the following two years, the margin declined to 20.62% in 2022 and further to 17.73% in 2023, reflecting a decrease in the company's ability to generate profits from its core operations efficiently.
By the end of 2024, Equifax Inc managed to slightly improve its operating profit margin to 18.34%, compared to the previous year. This suggests that the company may have implemented strategic measures to enhance profitability, albeit not fully recovering to the peak level seen in 2021.
Overall, while Equifax Inc experienced fluctuations in its operating profit margin during the period under review, the company should continue to focus on improving operational efficiencies and profitability to ensure long-term financial sustainability and growth.