Equifax Inc (EFX)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 11,759,400 | 12,280,000 | 11,547,900 | 11,040,900 | 9,611,800 |
| ROA | 5.14% | 4.44% | 6.03% | 6.74% | 5.41% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $604,100K ÷ $11,759,400K
= 5.14%
Equifax Inc's return on assets (ROA) has shown fluctuating trends over the past five years. The ROA was 5.41% as of December 31, 2020, increased to 6.74% by December 31, 2021, and then decreased slightly to 6.03% by December 31, 2022. However, there was a noticeable decline in ROA to 4.44% by December 31, 2023, before recovering to 5.14% by December 31, 2024.
Overall, Equifax Inc's ROA performance indicates that the company has been able to effectively generate profits relative to its total assets, with some variability in its efficiency in utilizing assets to generate earnings over the period analyzed. Further analysis and comparison with industry peers would be beneficial to gain a deeper understanding of Equifax Inc's ROA performance.