Equifax Inc (EFX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 810,500 | 717,900 | 929,700 | 949,200 | 685,200 |
| Revenue | US$ in thousands | 5,681,100 | 5,265,200 | 5,122,200 | 4,923,900 | 4,127,500 |
| Pretax margin | 14.27% | 13.63% | 18.15% | 19.28% | 16.60% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $810,500K ÷ $5,681,100K
= 14.27%
From the provided data, we observe that Equifax Inc's pretax margin has shown some fluctuations over the given period.
The pretax margin, which is a measure of a company's profitability before considering taxes, increased from 16.60% as of December 31, 2020, to 19.28% as of December 31, 2021, indicating improved profitability during that year. However, in the subsequent years, there was a slight decline in the pretax margin to 18.15% by December 31, 2022, 13.63% by December 31, 2023, and 14.27% by December 31, 2024.
The fluctuations in the pretax margin could be attributed to various factors such as changes in operating expenses, tax rates, revenues, and other economic conditions impacting the company's financial performance. It is important for stakeholders to closely monitor these changes to understand the underlying factors affecting Equifax Inc's profitability and to assess the company's financial health and operational efficiency.