Equifax Inc (EFX)
Return on assets (ROA)
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 604,100 | 562,500 | 583,400 | 557,800 | 545,300 | 521,100 | 524,600 | 586,900 | 696,300 | 710,200 | 749,900 | 764,400 | 744,200 | 696,600 | 715,400 | 596,200 | 507,200 | 441,900 | 298,800 | 269,700 |
Total assets | US$ in thousands | 11,759,400 | 12,344,300 | 12,152,300 | 12,251,300 | 12,289,000 | 12,348,900 | 11,537,900 | 11,583,900 | 11,547,900 | 11,308,000 | 11,221,200 | 11,391,700 | 11,040,900 | 11,083,300 | 9,340,300 | 9,669,400 | 9,611,800 | 9,249,800 | 8,832,800 | 7,622,800 |
ROA | 5.14% | 4.56% | 4.80% | 4.55% | 4.44% | 4.22% | 4.55% | 5.07% | 6.03% | 6.28% | 6.68% | 6.71% | 6.74% | 6.29% | 7.66% | 6.17% | 5.28% | 4.78% | 3.38% | 3.54% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $604,100K ÷ $11,759,400K
= 5.14%
Equifax Inc's return on assets (ROA) shows the efficiency of the company in generating profits from its assets. From March 31, 2020, to December 31, 2024, Equifax's ROA fluctuated within a range of 3.38% to 7.66%.
The trend in Equifax's ROA indicates overall improvement in asset utilization and profitability from 2020 to 2021, peaking at 7.66% in June 30, 2021. However, there was a slight decline in ROA in the subsequent quarters, stabilizing around the range of 4% to 6% from 2022 to 2024.
It is important for Equifax to continue monitoring and optimizing its asset management strategies to maintain or improve its ROA, ensuring sustainable profitability and efficiency in utilizing its resources.