Recent News
On May 20, 2026 Equifax expanded its partnership with GBG to bring enhanced identity and fraud protection offerings into the U.S. and strengthen global identity capabilities. On May 7, 2026 the board declared a quarterly dividend of $0.56 per share, payable June 15, 2026. On April 23, 2026 Equifax filed an 8-K reflecting a Fourth Amendment to its credit agreement. The company announced participation in investor conferences in late May 2026.
Technical Analysis
Directional indicators show limited trend strength: ADX at 19.09 signals no dominant trend, leaving near-term moves susceptible to short-term momentum shifts rather than a sustained directional thrust.
DI+ sits at 17.91 and is decreasing, a bearish directional read; DI- at 26.28 shows a peak-and-reversal pattern that implies DI- has begun to decrease, which reads as a bullish counter-signal. Together these reads create a conflicted directional backdrop where momentum signals, not trend strength, will likely determine short-term price direction.
MACD sits negative at -3.63 with the signal line at -3.00; the MACD shows a dip-and-reversal (increasing) pattern but remains below the signal line, indicating bullish momentum development without a confirmed bullish crossover. That setup favors continued consolidation with a bias toward a momentum-driven recovery if MACD crosses above its signal.
MRO at -28.61 indicates price below the model target and implies upward pressure as the oscillator has dipped and begun reversing; the magnitude suggests material potential for price mean-reversion toward model fair value over coming weeks.
RSI at 44.98 has completed a dip-and-reversal and sits below 50, signaling improving buying interest but not yet overbought; this supports a tactical range where upward momentum can build before stronger trend confirmation.
Price sits at $158.48 below the 20-day average ($160.05), the 50-day average ($168.10) and well below the 200-day average ($200.02). The 12-day EMA (price12dayEMA $158.53) trends downward, reinforcing that short-term moving averages still cap upside until a sustained move reconciles price above the 20–50 day bands and the Ichimoku conversion/ baseline (Tenkan $161.38; Kijun $165.19).
Bollinger bands place price inside the lower half of the 1x band (lower $153.14; upper $166.96), consistent with the oscillator signals that favor mean-reversion rather than breakout extension. Volume runs near 10-day average, so any decisive directional breakout will likely require above-average participation to validate.
Fundamental Analysis
Revenue growth shows mixed cadence: total revenue increased 6.34% (revenue growth) with a strong quarter-over-quarter acceleration of 16.18% and year-over-year revenue growth of 2.98%, indicating near-term demand pickup within the quarter.
Profitability metrics remain a relative strength. EBIT margin registers 17.68%, above the industry peer mean of 13.75% and above the industry peer median of 11.16%. EBIT margin fell -4.49% quarter-over-quarter but rose 6.97% year-over-year, showing margin expansion versus last year despite a recent quarterly contraction.
Gross margin equals 53.48%, above the industry peer mean of 43.72%, supporting the company’s ability to convert revenue into gross profit; operating margin stands at 17.45%, also above the industry peer mean of 11.26%, reinforcing structural margin advantage.
Earnings per share outperformed expectations this period: reported EPS $1.86 versus an estimate of $1.70, a positive surprise of $0.16 or +9.41%. Note that while EPS beat, reported earnings growth shows a year-over-year contraction in underlying earnings (earnings growth YoY -60.46%; QoQ -5.49%), indicating lumpy earnings comparisons despite the beat.
Balance-sheet and cash metrics pose constraints: debt-to-EBITDA sits at 11.14, and debt-to-equity at 1.17—both above the industry peer mean debt-to-equity of 0.84—while interest coverage equals 5.23, below the industry peer mean of 8.49. Current ratio at 0.61 underperforms the industry peer mean of 2.03, reflecting tighter near-term liquidity.
Free cash flow stayed positive at $121.5M with a free cash flow yield of 0.53%, above the industry peer mean free cash flow yield of -0.45%, though free cash growth shows recent contraction. Return on equity measures 3.78% versus the industry peer mean of 4.43%, slightly below peers.
Valuation summary: WMDST values the stock as under-valued. Price multiples show elevated market expectations (PE ~103.83; forward PE ~76.74) while enterprise-value multiples and price-to-sales metrics exceed typical peer medians; those multiples reflect market premium versus fundamentals despite WMDST’s under-valued assessment.
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 | $ 736.2 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 % |
|