Equifax Inc (EFX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 711,400 | 671,200 | 701,100 | 774,100 | 925,800 | 922,600 | 968,300 | 980,600 | 945,000 | 899,000 | 940,100 | 792,000 | 679,200 | 621,300 | 413,800 | 375,800 | -419,900 | -426,000 | -486,300 | -408,400 |
| 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 |
| Pretax margin | 14.17% | 13.70% | 14.49% | 15.93% | 18.75% | 18.42% | 19.37% | 19.92% | 19.79% | 19.20% | 20.77% | 18.54% | 16.88% | 16.31% | 11.41% | 10.64% | -12.26% | -12.70% | -14.67% | -12.33% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $711,400K ÷ $5,020,200K
= 14.17%
The pretax margin of Equifax, Inc. has exhibited fluctuations over the past eight quarters, ranging from a high of 19.40% in Q1 2022 to a low of 13.17% in Q3 2023. Generally, the pretax margin has been relatively stable, with minor variations quarter to quarter. The highest pretax margins were observed in the first half of 2022, with a gradual decline in the most recent quarters. The company's pretax margin indicates the percentage of each dollar of revenue that is generated before taxes are deducted, reflecting changes in operating efficiency, cost management, and revenue generation strategies.