Recent News
May 7, 2026 — Board declared a quarterly dividend of $0.56 per share, payable June 15, 2026. April–May 2026 — the company announced multiple commercial partnerships and product launches, including expanded identity and verification offerings and a new product integration to speed verification for auto and personal loans. April 2026 — regulatory action and settlements surfaced, including CFPB-related restitution orders and an agreement in principle to resolve certain nationwide claims noted in the company’s April filings.
Technical Analysis
The ADX at 16.55 indicates no established trend; directional signals provide the directional nuance. DI+ sits at 22.50 with a peak-and-reversal, which registers as a bearish shift in directional pressure, while DI- at 20.27 is decreasing, which registers as bullish — the net reads as mixed directional pressure rather than a trending breakout, implying price action may consolidate around current levels.
MACD registers at -1.00 with the MACD line above its signal line (-2.12), which constitutes a bullish momentum cross and signals improving short-term momentum despite the negative absolute MACD value; the MACD trend shows increasing momentum that supports a near-term lift in price bias.
MRO at -23.08 (dip-and-reversal) indicates the price sits below the internal target and the oscillator’s reversal signals potential upward pressure as the oscillator moves back toward zero; this technical setup aligns with the MACD’s improving momentum for a corrective pickup.
RSI at 47.11 with a peak-and-reversal suggests recent loss of upward momentum and leaves the oscillator in a neutral-to-slightly-weak stance; RSI behavior argues for choppy price action rather than a clean trend continuation while momentum indicators attempt to recover.
Price sits near the 20-day average ($167.59) and slightly below the 12-day EMA ($168.70), with the 50-day average at $173.61 and the 200-day average at $205.14; the 12-day EMA showing a peak-and-reversal provides a short-term bearish friction point against the MACD/MRO constructive signals. Bollinger bands place the close roughly mid-band (upper 1σ $172.52, lower 1σ $162.66), suggesting limited immediate volatility expansion. Ichimoku short-term lines (Tenkan $167.91, Kijun $167.78) lie near price, offering nearby support; Senkou A at $183.34 and Senkou B at $187.66 act as higher resistance zones. Supertrend lower support shows $159.80; volume sits modestly above recent averages, indicating no large participation surge yet.
Fundamental Analysis
Profitability: EBIT margin stands at 17.68%, up 6.97% year-over-year but down 4.49% quarter-over-quarter; the margin exceeds the industry peer mean of 13.75% and the industry peer median of 11.16%, supporting a premium on operating efficiency. Operating margin at 17.45% improved 5.58% year-over-year while contracting 4.80% QoQ, which signals seasonal or timing effects on expense recognition rather than structural deterioration.
Revenue and earnings growth: Quarterly revenue showed a strong sequential gain (revenue growth QoQ 16.18%) while revenue growth YoY runs 2.98%. Reported net income shows material YoY earnings pressure (earnings growth YoY -60.46%), though recent quarterly EPS beat (EPS actual $1.86 vs. estimate $1.70; EPS surprise ~9.41%) indicates some near-term operating leverage. Forward EPS of $2.57 yields a forward P/E near 76.74, while trailing P/E sits at 103.83, reflecting elevated multiple compression relative to recent earnings volatility.
Cash flow and capital structure: Operating cash flow $241.9M and free cash flow $121.5M produce a free cash flow yield of 0.53%, which exceeds the industry peer mean that is slightly negative, placing Equifax ahead of peers on cash conversion despite low absolute yield. Cash and short-term investments total $183.4M with a cash ratio of 0.075; the current ratio at 0.607 declined YoY by 28.85%, signalling lean near-term liquidity. Debt metrics remain elevated: total debt $5.31B, net debt ~$5.12B, and debt/EBITDA ~11.14, indicating a high leverage posture that constrains flexibility and raises sensitivity to interest cost and earnings variability. Debt-to-equity 1.17 exceeds the industry peer mean of 0.84 and the company’s interest coverage of 5.23 sits below the industry peer mean of 8.49, leaving less buffer for service costs relative to comparable firms.
Returns and efficiency: Return on equity at 3.78% and return on assets at 1.44% fall slightly below peer means, while asset turnover at 0.139 improved QoQ and YoY, supporting revenue momentum despite modest asset utilization. Gross margin remains strong at 53.48%, consistent with high-margin data and analytics services.
Valuation: WMDST values the stock as under-valued. Key valuation signals include an enterprise value to revenue multiple (EVR) near 17.08 and an enterprise multiple of 59.13; market capitalization stands roughly $23.04B with enterprise value near $28.16B. Elevated multiples reflect compressed trailing earnings and expectations embedded in price; underlying margin durability and positive free cash flow support the under-valued determination, but high leverage and low short-term liquidity moderate the margin of safety.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-21 |
| NEXT REPORT DATE: | 2026-07-21 |
| CASH FLOW | Begin Period Cash Flow | $ 180.8 M |
| Operating Cash Flow | $ 241.9 M | |
| Capital Expenditures | $ -120.40 M | |
| Change In Working Capital | $ -173.00 M | |
| Dividends Paid | $ -67.10 M | |
| Cash Flow Delta | $ 2.6 M | |
| End Period Cash Flow | $ 183.4 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.6 B | |
| Forward Revenue | $ 737.7 M | |
| COSTS | ||
| Cost Of Revenue | $ 767.1 M | |
| Depreciation | $ 184.8 M | |
| Depreciation and Amortization | $ 184.8 M | |
| Research and Development | — | |
| Total Operating Expenses | $ 1.4 B | |
| PROFITABILITY | ||
| Gross Profit | $ 881.8 M | |
| EBITDA | $ 476.3 M | |
| EBIT | $ 291.5 M | |
| Operating Income | $ 287.7 M | |
| Interest Income | — | |
| Interest Expense | $ 55.7 M | |
| Net Interest Income | $ -55.70 M | |
| Income Before Tax | $ 235.8 M | |
| Tax Provision | $ 62.5 M | |
| Tax Rate | 26.5 % | |
| Net Income | $ 171.5 M | |
| Net Income From Continuing Operations | $ 173.3 M | |
| EARNINGS | ||
| EPS Estimate | $ 1.70 | |
| EPS Actual | $ 1.86 | |
| EPS Difference | $ 0.16 | |
| EPS Surprise | 9.412 % | |
| Forward EPS | $ 2.57 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 11.9 B | |
| Intangible Assets | $ 8.2 B | |
| Net Tangible Assets | $ -3.63 B | |
| Total Current Assets | $ 1.5 B | |
| Cash and Short-Term Investments | $ 183.4 M | |
| Cash | $ 183.4 M | |
| Net Receivables | $ 1.1 B | |
| Inventory | — | |
| Long-Term Investments | $ 356.8 M | |
| LIABILITIES | ||
| Accounts Payable | $ 158.4 M | |
| Short-Term Debt | $ 1.3 B | |
| Total Current Liabilities | $ 2.5 B | |
| Net Debt | $ 5.1 B | |
| Total Debt | $ 5.3 B | |
| Total Liabilities | $ 7.3 B | |
| EQUITY | ||
| Total Equity | $ 4.5 B | |
| Retained Earnings | $ 6.5 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 38.06 | |
| Shares Outstanding | 119.300 M | |
| Revenue Per-Share | $ 13.82 | |
| VALUATION | Market Capitalization | $ 23.0 B |
| Enterprise Value | $ 28.2 B | |
| Enterprise Multiple | 59.13 | |
| Enterprise Multiple QoQ | -9.422 % | |
| Enterprise Multiple YoY | -29.077 % | |
| Enterprise Multiple IPRWA | high: 139.963 EFX: 59.13 mean: 45.206 median: 41.769 low: -20.211 |
|
| EV/R | 17.08 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.63 | |
| Asset To Liability | 1.645 | |
| Debt To Capital | 0.539 | |
| Debt To Assets | 0.444 | |
| Debt To Assets QoQ | 3.538 % | |
| Debt To Assets YoY | 6.149 % | |
| Debt To Assets IPRWA | high: 1.011 EFX: 0.444 mean: 0.341 median: 0.316 low: 0.007 |
|
| Debt To Equity | 1.169 | |
| Debt To Equity QoQ | 5.676 % | |
| Debt To Equity YoY | 17.302 % | |
| Debt To Equity IPRWA | high: 1.596 EFX: 1.169 median: 0.975 mean: 0.837 low: 0.008 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 5.074 | |
| Price To Book QoQ | -10.05 % | |
| Price To Book YoY | -15.204 % | |
| Price To Book IPRWA | high: 8.962 EFX: 5.074 mean: 3.207 median: 3.014 low: -2.592 |
|
| Price To Earnings (P/E) | 103.826 | |
| Price To Earnings QoQ | 0.595 % | |
| Price To Earnings YoY | -33.805 % | |
| Price To Earnings IPRWA | high: 187.973 EFX: 103.826 mean: 72.377 median: 62.977 low: -198.669 |
|
| PE/G Ratio | -9.434 | |
| Price To Sales (P/S) | 13.972 | |
| Price To Sales QoQ | -16.581 % | |
| Price To Sales YoY | -32.402 % | |
| Price To Sales IPRWA | high: 18.348 EFX: 13.972 mean: 7.233 median: 6.987 low: 0.393 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 76.738 | |
| Forward PE/G | -6.973 | |
| Forward P/S | 31.284 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | 0.247 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.139 | |
| Asset Turnover Ratio QoQ | 5.853 % | |
| Asset Turnover Ratio YoY | 13.428 % | |
| Asset Turnover Ratio IPRWA | high: 0.468 mean: 0.214 median: 0.189 EFX: 0.139 low: 0.011 |
|
| Receivables Turnover | 1.582 | |
| Receivables Turnover Ratio QoQ | 3.437 % | |
| Receivables Turnover Ratio YoY | 8.358 % | |
| Receivables Turnover Ratio IPRWA | high: 3.009 EFX: 1.582 mean: 1.438 median: 1.276 low: 0.465 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 57.681 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 32.508 | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | high: 146.656 EFX: 32.508 mean: 24.345 median: 6.706 low: -44.679 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | -1.71 | |
| CapEx To Revenue | -0.073 | |
| CapEx To Depreciation | -0.652 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 8.6 B | |
| Net Invested Capital | $ 9.8 B | |
| Invested Capital | $ 9.8 B | |
| Net Tangible Assets | $ -3.63 B | |
| Net Working Capital | $ -964.00 M | |
| LIQUIDITY | ||
| Cash Ratio | 0.075 | |
| Current Ratio | 0.607 | |
| Current Ratio QoQ | 0.322 % | |
| Current Ratio YoY | -28.845 % | |
| Current Ratio IPRWA | high: 15.423 mean: 2.026 median: 1.929 EFX: 0.607 low: 0.277 |
|
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 11.144 | |
| Cost Of Debt | 0.787 % | |
| Interest Coverage Ratio | 5.233 | |
| Interest Coverage Ratio QoQ | -1.35 % | |
| Interest Coverage Ratio YoY | 16.175 % | |
| Interest Coverage Ratio IPRWA | high: 17.391 mean: 8.485 median: 7.905 EFX: 5.233 low: -37.084 |
|
| Operating Cash Flow Ratio | 0.102 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 25.172 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 2.556 | |
| Dividend Payout Ratio | 0.391 | |
| Dividend Rate | $ 0.56 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 0.656 % | |
| Revenue Growth | 6.339 % | |
| Revenue Growth QoQ | 1617.886 % | |
| Revenue Growth YoY | 298.178 % | |
| Revenue Growth IPRWA | high: 19.13 % EFX: 6.339 % mean: 2.004 % median: 0.784 % low: -31.437 % |
|
| Earnings Growth | -11.005 % | |
| Earnings Growth QoQ | -549.0 % | |
| Earnings Growth YoY | -60.456 % | |
| Earnings Growth IPRWA | high: 115.385 % median: -2.857 % mean: -8.208 % EFX: -11.005 % low: -162.5 % |
|
| MARGINS | ||
| Gross Margin | 53.478 % | |
| Gross Margin QoQ | -6.765 % | |
| Gross Margin YoY | -1.801 % | |
| Gross Margin IPRWA | high: 88.866 % EFX: 53.478 % mean: 43.717 % median: 40.716 % low: 8.438 % |
|
| EBIT Margin | 17.678 % | |
| EBIT Margin QoQ | -4.49 % | |
| EBIT Margin YoY | 6.971 % | |
| EBIT Margin IPRWA | high: 39.343 % EFX: 17.678 % mean: 13.749 % median: 11.16 % low: -247.525 % |
|
| Return On Sales (ROS) | 17.448 % | |
| Return On Sales QoQ | -4.801 % | |
| Return On Sales YoY | 5.579 % | |
| Return On Sales IPRWA | high: 23.942 % EFX: 17.448 % mean: 11.258 % median: 10.774 % low: -34.487 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 121.5 M | |
| Free Cash Flow Yield | 0.527 % | |
| Free Cash Flow Yield QoQ | -59.832 % | |
| Free Cash Flow Yield YoY | 34.439 % | |
| Free Cash Flow Yield IPRWA | high: 10.25 % EFX: 0.527 % median: 0.133 % mean: -0.453 % low: -7.862 % |
|
| Free Cash Growth | -64.349 % | |
| Free Cash Growth QoQ | 190.2 % | |
| Free Cash Growth YoY | 48.537 % | |
| Free Cash Growth IPRWA | high: 133.946 % EFX: -64.349 % median: -91.472 % mean: -96.226 % low: -506.608 % |
|
| Free Cash To Net Income | 0.708 | |
| Cash Flow Margin | 15.107 % | |
| Cash Flow To Earnings | 1.452 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 1.441 % | |
| Return On Assets QoQ | -2.898 % | |
| Return On Assets YoY | 27.862 % | |
| Return On Assets IPRWA | high: 4.082 % mean: 1.738 % median: 1.701 % EFX: 1.441 % low: -10.481 % |
|
| Return On Capital Employed (ROCE) | 3.071 % | |
| Return On Equity (ROE) | 0.038 | |
| Return On Equity QoQ | -1.074 % | |
| Return On Equity YoY | 41.355 % | |
| Return On Equity IPRWA | high: 0.186 median: 0.05 mean: 0.044 EFX: 0.038 low: -0.315 |
|
| DuPont ROE | 3.751 % | |
| Return On Invested Capital (ROIC) | 2.175 % | |
| Return On Invested Capital QoQ | -2.988 % | |
| Return On Invested Capital YoY | 25.723 % | |
| Return On Invested Capital IPRWA | high: 5.888 % median: 2.946 % mean: 2.701 % EFX: 2.175 % low: -9.336 % |
|