Equifax (EFX)
Market Price (8/7/2026): $175.89 | Market Cap: $20.8 BilInvestor Relations Sector: Industrials | Industry: Research & Consulting Services
Equifax (EFX)
Market Price (8/7/2026): $175.89Market Cap: $20.8 BilSector: IndustrialsIndustry: Research & Consulting Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% Attractive yieldFCF Yield is 5.3% Stock buyback supportStock Buyback 3Y Total is 1.5 Bil Low stock price volatilityVol 12M is 38% Megatrend and thematic driversMegatrends include Cybersecurity, AI in Financial Services, and Fintech & Digital Payments. Themes include Identity Management, Show more. | Weak multi-year price returns2Y Excs Rtn is -78%, 3Y Excs Rtn is -79% | Key risksEFX key risks include [1] its acute vulnerability to massive data breaches due to the sensitive information it stores and [2] intense regulatory and legal challenges over its data handling and use of advanced analytics. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Attractive yieldFCF Yield is 5.3% |
| Stock buyback supportStock Buyback 3Y Total is 1.5 Bil |
| Low stock price volatilityVol 12M is 38% |
| Megatrend and thematic driversMegatrends include Cybersecurity, AI in Financial Services, and Fintech & Digital Payments. Themes include Identity Management, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -78%, 3Y Excs Rtn is -79% |
| Key risksEFX key risks include [1] its acute vulnerability to massive data breaches due to the sensitive information it stores and [2] intense regulatory and legal challenges over its data handling and use of advanced analytics. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/1/2026
Equifax (EFX) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance and Positive Outlook.
Equifax delivered better-than-expected results for its fiscal second quarter ended June 30, 2026, reporting diluted EPS of $1.54, up 1% year-over-year, and total revenue of $1.70 billion, an 11% increase. This performance, coupled with updated fiscal year 2026 earnings guidance of $8.39 to $8.69 per share, exceeding some consensus estimates, provided a positive company-specific catalyst that likely supported the stock price.
2. Strategic Growth Initiatives and AI-Driven Cost Reductions.
During its fiscal Q2 2026 earnings announcement, Equifax revealed a definitive agreement to acquire Círculo de Crédito, a Mexican credit bureau, for an enterprise value of $750 million, signaling international expansion. Concurrently, the company doubled its AI-driven cost reduction target to $150 million for fiscal 2026 to fiscal 2028, reflecting a strategic focus on efficiency and future profitability.
Show more
Equifax (EFX) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance and Positive Outlook.
Equifax delivered better-than-expected results for its fiscal second quarter ended June 30, 2026, reporting diluted EPS of $1.54, up 1% year-over-year, and total revenue of $1.70 billion, an 11% increase. This performance, coupled with updated fiscal year 2026 earnings guidance of $8.39 to $8.69 per share, exceeding some consensus estimates, provided a positive company-specific catalyst that likely supported the stock price.
2. Strategic Growth Initiatives and AI-Driven Cost Reductions.
During its fiscal Q2 2026 earnings announcement, Equifax revealed a definitive agreement to acquire Círculo de Crédito, a Mexican credit bureau, for an enterprise value of $750 million, signaling international expansion. Concurrently, the company doubled its AI-driven cost reduction target to $150 million for fiscal 2026 to fiscal 2028, reflecting a strategic focus on efficiency and future profitability.
Show more
Updated on 8/1/2026
Equifax (EFX) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance and Positive Outlook.
Equifax delivered better-than-expected results for its fiscal second quarter ended June 30, 2026, reporting diluted EPS of $1.54, up 1% year-over-year, and total revenue of $1.70 billion, an 11% increase. This performance, coupled with updated fiscal year 2026 earnings guidance of $8.39 to $8.69 per share, exceeding some consensus estimates, provided a positive company-specific catalyst that likely supported the stock price.
2. Strategic Growth Initiatives and AI-Driven Cost Reductions.
During its fiscal Q2 2026 earnings announcement, Equifax revealed a definitive agreement to acquire Círculo de Crédito, a Mexican credit bureau, for an enterprise value of $750 million, signaling international expansion. Concurrently, the company doubled its AI-driven cost reduction target to $150 million for fiscal 2026 to fiscal 2028, reflecting a strategic focus on efficiency and future profitability.
3. Cautious Macroeconomic Environment and Consumer Credit Trends.
Despite some pockets of resilience, the broader economic environment presented headwinds. The May 2026 U.S. consumer debt climbed to $18.23 trillion, a 2.4% year-over-year increase, with rising mortgage delinquency rates and weakening small business sentiment. Elevated inflation, reaching 3.8% year-over-year in April 2026, and tightening borrowing conditions contributed to a cautious outlook, potentially tempering investor enthusiasm for Equifax's growth prospects.
4. Significant Insider Selling.
On July 24, 2026, Equifax CEO Mark W. Begor sold 37,791 shares of company stock at an average price of $172.16, totaling approximately $6,506,098.56. Such a substantial insider sale could have been perceived negatively by some investors, potentially neutralizing positive company-specific news and contributing to the stock's flat movement.
Show less
Equifax (EFX) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Second Quarter Fiscal 2026 Financial Performance and Positive Outlook.
Equifax delivered better-than-expected results for its fiscal second quarter ended June 30, 2026, reporting diluted EPS of $1.54, up 1% year-over-year, and total revenue of $1.70 billion, an 11% increase. This performance, coupled with updated fiscal year 2026 earnings guidance of $8.39 to $8.69 per share, exceeding some consensus estimates, provided a positive company-specific catalyst that likely supported the stock price.
2. Strategic Growth Initiatives and AI-Driven Cost Reductions.
During its fiscal Q2 2026 earnings announcement, Equifax revealed a definitive agreement to acquire Círculo de Crédito, a Mexican credit bureau, for an enterprise value of $750 million, signaling international expansion. Concurrently, the company doubled its AI-driven cost reduction target to $150 million for fiscal 2026 to fiscal 2028, reflecting a strategic focus on efficiency and future profitability.
3. Cautious Macroeconomic Environment and Consumer Credit Trends.
Despite some pockets of resilience, the broader economic environment presented headwinds. The May 2026 U.S. consumer debt climbed to $18.23 trillion, a 2.4% year-over-year increase, with rising mortgage delinquency rates and weakening small business sentiment. Elevated inflation, reaching 3.8% year-over-year in April 2026, and tightening borrowing conditions contributed to a cautious outlook, potentially tempering investor enthusiasm for Equifax's growth prospects.
4. Significant Insider Selling.
On July 24, 2026, Equifax CEO Mark W. Begor sold 37,791 shares of company stock at an average price of $172.16, totaling approximately $6,506,098.56. Such a substantial insider sale could have been perceived negatively by some investors, potentially neutralizing positive company-specific news and contributing to the stock's flat movement.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 1.4% change in EFX stock from 4/30/2026 to 8/6/2026 was primarily driven by a 2.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302026 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 173.34 | 175.79 | 1.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,281 | 6,444 | 2.6% |
| Net Income Margin (%) | 11.1% | 10.7% | -3.6% |
| P/E Multiple | 29.8 | 30.1 | 1.1% |
| Shares Outstanding (Mil) | 120 | 118 | 1.4% |
| Cumulative Contribution | 1.4% |
Market Drivers
4/30/2026 to 8/6/2026| Return | Correlation | |
|---|---|---|
| EFX | 1.4% | |
| Market (SPY) | 6.9% | -3.3% |
| Sector (XLI) | 5.8% | -9.9% |
Fundamental Drivers
The -12.2% change in EFX stock from 1/31/2026 to 8/6/2026 was primarily driven by a -19.5% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 200.17 | 175.79 | -12.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,943 | 6,444 | 8.4% |
| Net Income Margin (%) | 11.1% | 10.7% | -3.2% |
| P/E Multiple | 37.4 | 30.1 | -19.5% |
| Shares Outstanding (Mil) | 123 | 118 | 4.0% |
| Cumulative Contribution | -12.2% |
Market Drivers
1/31/2026 to 8/6/2026| Return | Correlation | |
|---|---|---|
| EFX | -12.2% | |
| Market (SPY) | 11.4% | 13.3% |
| Sector (XLI) | 12.0% | 6.4% |
Fundamental Drivers
The -26.1% change in EFX stock from 7/31/2025 to 8/6/2026 was primarily driven by a -34.7% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 237.72 | 175.79 | -26.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,840 | 6,444 | 10.3% |
| Net Income Margin (%) | 11.0% | 10.7% | -2.1% |
| P/E Multiple | 46.1 | 30.1 | -34.7% |
| Shares Outstanding (Mil) | 124 | 118 | 4.7% |
| Cumulative Contribution | -26.1% |
Market Drivers
7/31/2025 to 8/6/2026| Return | Correlation | |
|---|---|---|
| EFX | -26.1% | |
| Market (SPY) | 22.6% | 18.8% |
| Sector (XLI) | 22.8% | 14.5% |
Fundamental Drivers
The -11.8% change in EFX stock from 7/31/2023 to 8/6/2026 was primarily driven by a -35.4% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8062026 | Change |
|---|---|---|---|
| Stock Price ($) | 199.30 | 175.79 | -11.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 5,062 | 6,444 | 27.3% |
| Net Income Margin (%) | 10.4% | 10.7% | 3.5% |
| P/E Multiple | 46.6 | 30.1 | -35.4% |
| Shares Outstanding (Mil) | 123 | 118 | 3.6% |
| Cumulative Contribution | -11.8% |
Market Drivers
7/31/2023 to 8/6/2026| Return | Correlation | |
|---|---|---|
| EFX | -11.8% | |
| Market (SPY) | 73.8% | 43.4% |
| Sector (XLI) | 74.3% | 41.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EFX Return | 53% | -33% | 28% | 4% | -14% | -18% | -4% |
| Peers Return | 22% | -10% | 32% | 34% | -14% | -8% | 53% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| EFX Win Rate | 75% | 25% | 67% | 42% | 58% | 38% | |
| Peers Win Rate | 63% | 37% | 62% | 70% | 45% | 45% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| EFX Max Drawdown | -16% | -48% | -31% | -21% | -27% | -33% | |
| Peers Max Drawdown | -19% | -33% | -20% | -13% | -32% | -31% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TRU, ADP, PAYX, FICO, VRSK. See EFX Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/6/2026 (YTD)
How Low Can It Go
| Event | EFX | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -15.4% | -18.8% |
| % Gain to Breakeven | 18.2% | 23.1% |
| Time to Breakeven | 14 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -21.6% | -9.5% |
| % Gain to Breakeven | 27.6% | 10.5% |
| Time to Breakeven | 24 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -46.8% | -24.5% |
| % Gain to Breakeven | 87.9% | 32.4% |
| Time to Breakeven | 650 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -35.2% | -33.7% |
| % Gain to Breakeven | 54.3% | 50.9% |
| Time to Breakeven | 71 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.4% | -19.2% |
| % Gain to Breakeven | 45.9% | 23.8% |
| Time to Breakeven | 170 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -16.8% | -3.7% |
| % Gain to Breakeven | 20.2% | 3.9% |
| Time to Breakeven | 104 days | 6 days |
In The Past
Equifax's stock fell -15.4% during the 2025 US Tariff Shock. Such a loss loss requires a 18.2% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | EFX | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -21.6% | -9.5% |
| % Gain to Breakeven | 27.6% | 10.5% |
| Time to Breakeven | 24 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -46.8% | -24.5% |
| % Gain to Breakeven | 87.9% | 32.4% |
| Time to Breakeven | 650 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -35.2% | -33.7% |
| % Gain to Breakeven | 54.3% | 50.9% |
| Time to Breakeven | 71 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -31.4% | -19.2% |
| % Gain to Breakeven | 45.9% | 23.8% |
| Time to Breakeven | 170 days | 105 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -22.6% | -15.4% |
| % Gain to Breakeven | 29.2% | 18.2% |
| Time to Breakeven | 149 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -45.7% | -53.4% |
| % Gain to Breakeven | 84.3% | 114.4% |
| Time to Breakeven | 385 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -20.8% | -8.6% |
| % Gain to Breakeven | 26.3% | 9.5% |
| Time to Breakeven | 1639 days | 47 days |
In The Past
Equifax's stock fell -15.4% during the 2025 US Tariff Shock. Such a loss loss requires a 18.2% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Equifax (EFX)
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Equifax Inc. (EFX) is a global data, analytics, and technology company that provides crucial information solutions and human resources business process automation services. Essentially, Equifax helps businesses, governments, and consumers make informed decisions by offering insights derived from extensive data, primarily focused on credit, identity, and employment information.
The company's core offerings include comprehensive consumer and commercial credit reporting, credit scoring and modeling, fraud detection and prevention, and identity verification services. These solutions are vital for assessing risk, enabling transactions, and detecting fraudulent activity across various industries. Equifax also provides mortgage services, financial marketing services, and directly offers credit monitoring and identity theft protection products to consumers.
Additionally, through its Workforce Solutions segment, Equifax is a leading provider of employment, income, and criminal history verification services, alongside payroll-based transaction and employment tax management solutions for employers. Equifax serves a broad global customer base, including financial services firms, mortgage companies, employers, telecommunications providers, retailers, automotive companies, utilities, healthcare providers, and government agencies, helping them manage risk, automate processes, and connect with their customers.
```AI Analysis | Feedback
Here are 1-3 brief analogies for Equifax:
They are like the Bloomberg of credit and employment data, providing critical information to financial institutions and businesses.
For employment verification, they act like the ADP for confirming job histories and salaries.
They are like the Nielsen for consumer credit and employment information, collecting and analyzing vast amounts of data for businesses and governments.
AI Analysis | Feedback
- Workforce Solutions: Provides employment, income, criminal history, and social security number verification services, alongside payroll-based transaction and employment tax management.
- Identity & Fraud Solutions: Offers identity theft protection products, identity verification, and fraud detection and prevention services for consumers and businesses.
- Credit Reporting & Scoring: Delivers comprehensive consumer and commercial credit information, credit scoring, and credit modeling and portfolio analytics services.
- Mortgage Services: Provides various services tailored to the mortgage industry, including mortgage reporting and related solutions.
- Financial Marketing Services: Offers services that support financial marketing initiatives for businesses across various sectors.
- Debt Collection & Recovery Management: Supplies information, technology, and other services to assist with debt collections and recovery processes.
- Decisioning Technology Solutions: Provides online information and technology solutions to aid businesses in making informed decisions.
AI Analysis | Feedback
Equifax Inc. (EFX) primarily sells its information solutions and human resources business process automation outsourcing services to other companies and government entities, rather than directly to individuals. While the provided company description does not list specific customer company names, it identifies the major categories of customers it serves as follows:
- Financial Services Institutions: This broad category includes banks, credit unions, mortgage lenders, and brokerage firms, for whom Equifax provides credit information, credit scoring, credit modeling, fraud detection, and financial marketing services.
- Employers and Businesses Across Diverse Industries: Equifax serves a wide range of companies, including those in the telecommunication, retail, automotive, utility, healthcare, and insurance sectors. Services provided to these businesses include employment and income verification, payroll-based transaction management, identity theft protection products, and commercial information services.
- Government Agencies: Equifax provides services to state, federal, and local governments, likely for purposes related to identity verification, fraud detection, and information solutions.
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Mark W. Begor, Chief Executive Officer and Director
Mark W. Begor was named Chief Executive Officer of Equifax and a member of the Board of Directors in April 2018. Prior to joining Equifax, Begor served as a Managing Director in the Industrial and Business Services group at Warburg Pincus, a private equity firm, from 2016 to 2018. He spent 35 years at General Electric (GE) in various leadership roles, including President and CEO of GE Energy Management from 2014 to 2016, President and CEO of GE Capital Real Estate from 2011 to 2014, and President and CEO of GE Capital Retail Finance (Synchrony Financial) from 2002 to 2011.
John W. Gamble, Jr., Chief Financial Officer and Chief Operations Officer
John Gamble is the Chief Financial Officer and Chief Operations Officer at Equifax. He previously served as Executive Vice President and Chief Financial Officer for Lexmark International, Inc. Before Lexmark, he was Executive Vice President and Chief Financial Officer of Agere Systems, Inc. Earlier in his career, Gamble held finance leadership roles with AlliedSignal, Inc., Honeywell International, Inc., and General Motors.
Sunil Bindal, EVP and Chief Corporate Development and Strategy Officer
Sunil Bindal leads the global Equifax acquisition program. Prior to Equifax, he served as Senior Vice President, Global Head of Mergers & Acquisitions and Corporate Development at Total System Services (TSYS), and as Vice President of Corporate Development at Broadridge Financial Solutions.
Chad Borton, EVP and President Workforce Solutions
Chad Borton is the Executive Vice President and President of the Workforce Solutions segment at Equifax.
Patricio Remon, President, International
Patricio Remon is President of Equifax International, overseeing operations across 23 countries. He joined Equifax in 2006 and has previously managed Equifax operations in the UK, Ireland, Iberia, Peru, and Ecuador.
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- Cybersecurity Incidents and Data Breaches: As a custodian of vast amounts of sensitive personal and financial data, Equifax faces a paramount risk from cybersecurity threats and data breaches. A significant historical event, the 2017 data breach, exposed the personal information of approximately 147 million individuals, leading to substantial financial losses, including a $700 million settlement, severe reputational damage, and a loss of consumer trust. The company continues to invest heavily in security, but the threat of sophisticated cyberattacks, including state-sponsored activities, remains an ongoing and critical concern. The potential for future breaches carries staggering costs and can enable identity theft and fraud.
- Regulatory and Compliance Risks: Operating in a highly regulated industry that deals with consumer credit reporting and data protection, Equifax is subject to stringent and evolving laws globally. Non-compliance with regulations such as the FCRA in the U.S. and various international data protection laws (e.g., GDPR) can result in significant fines, legal actions, operational disruptions, and erosion of customer trust. The aftermath of the 2017 data breach specifically led to increased regulatory scrutiny, requiring improvements in information security, vendor management, and IT operations, some requiring board-level attention. The constant changes in data protection and privacy regulations present continuous compliance challenges for the company.
- Economic Sensitivity and Market Demand Fluctuations: Equifax's revenue streams are significantly tied to economic conditions, particularly in sectors such as financial services, mortgage, and employment. Economic downturns, high interest rates, inflation, and labor market challenges can reduce demand for credit information, mortgage services, employment verification products, and other data solutions. For instance, its U.S. Information Solutions (USIS) segment is particularly exposed to the cyclical U.S. mortgage market. While the company's diversified revenue across segments and international markets provides some resilience, overall market volatility and shifts in consumer and business financial health can directly impact its performance.
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- Increasing global data privacy regulations and consumer control over data: A pervasive global trend towards stricter data privacy laws (e.g., GDPR, CCPA, and analogous legislation worldwide) imposes greater restrictions on the collection, storage, use, and sharing of personal and financial data. These regulations grant individuals enhanced rights to control their data (e.g., right to access, erase, port), significantly increasing Equifax's compliance costs, limiting its ability to acquire and utilize data, and exposing the company to substantial fines and reputational damage for non-compliance. This directly threatens the core business model built on extensive data aggregation and processing.
- Emergence of decentralized identity (Self-Sovereign Identity) and Open Banking/Finance initiatives: Decentralized identity technologies allow individuals to control and share their verified credentials (e.g., employment, income, identity) directly, potentially reducing the need for third-party intermediaries like Equifax for verification services. Concurrently, Open Banking and Open Finance regulatory frameworks mandate that banks securely share customer financial data with authorized third-party providers (with customer consent). This enables new fintech companies to build alternative credit assessment models and financial products by accessing transactional data directly, potentially circumventing traditional credit bureaus and disintermediating Equifax's role as a central data provider and credit scorer.
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Equifax Inc. (EFX) operates in several large addressable markets for its diverse range of information solutions and human resources business process automation outsourcing services. The market sizes for its main products and services vary by region and often overlap, reflecting the integrated nature of its offerings.
Workforce Solutions Segment
- Employment Verification Services: The global employment screening services market was valued at approximately USD 6.47 billion in 2025 and is projected to reach USD 11.81 billion by 2032. Another estimate places the global employment verification service market at US$1.924 billion in 2025, growing to US$3.14 billion by 2031.
- Payroll Services and Payroll-based Transactions: The global payroll services market is estimated at USD 35.32 billion in 2026 and is projected to reach USD 52.75 billion by 2031. Another report values the global payroll services market at USD 73.25 billion in 2025, growing to USD 75.18 billion in 2026. The global payroll outsourcing market was worth USD 12.24 billion in 2024 and is estimated to reach USD 21.1 billion by 2033.
- Human Resources (HR) Business Process Automation Outsourcing: The global human resource professional services market was valued at USD 98.67 billion in 2025 and is projected to grow to USD 181.04 billion by 2034. The broader global HR & Recruitment Services industry was valued at USD 616.9 billion in 2024 and is predicted to grow to USD 1056.6 billion by 2035.
- Identity Theft Protection: (This falls under Identity Verification and Fraud Detection)
U.S. Information Solutions (USIS) and International Segments
- Consumer and Commercial Credit Information & Credit Scoring: The global credit bureaus market was valued at USD 124.4 billion in 2023 and is projected to reach USD 385.6 billion by 2032. Another source indicates the global credit bureaus market size to be USD 123.34 billion in 2025, projected to reach USD 210.43 billion in 2030. The U.S. credit reporting market alone is estimated at US$6 billion and is expected to reach US$10 billion by 2032.
- Fraud Detection and Prevention: The global fraud detection and prevention market was valued at USD 52.91 billion in 2024 and is projected to reach USD 372.07 billion by 2033. Another report shows the market size at USD 54.61 billion in 2025, projected to grow to USD 243.72 billion by 2034.
- Identity Verification: The global identity verification market was estimated at USD 9.87 billion in 2022 and is projected to reach USD 33.93 billion by 2030. Another valuation states the global market size at USD 13.75 billion in 2025, projected to reach USD 50.58 billion by 2034.
- Mortgage Services (U.S.): The U.S. home mortgage market is expected to reach a valuation of USD 204.49 billion in 2024 and is anticipated to grow to USD 571.64 billion by 2033. Equifax also identified a potential USD 1.2 billion revenue opportunity in the U.S. mortgage market as it normalizes. Separately, the global mortgage brokerage services market is projected to reach approximately USD 15 billion by 2033.
- Debt Collections and Recovery Management: The global debt collection services market size was estimated at USD 30.52 billion in 2025 and is projected to reach USD 38.67 billion by 2033. North America alone held over 40% of this global revenue in 2025. The debt collection agencies market size is projected to reach USD 35.32 billion by 2030.
Overall Addressable Market
Equifax itself has indicated that its estimated addressable market is approximately six times larger than its current revenues (globally, implied). The company also highlighted a USD 5 billion government total addressable market in the U.S. to address USD 160 billion in improper payments, with revenue expected to increase in the second half of 2026.
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Equifax (EFX) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Accelerated Product Innovation and AI-driven Solutions: Equifax is leveraging its new EFX Cloud and EFX.AI capabilities to accelerate product innovation and deliver multi-data solutions. The company reported a record "Vitality Index" of 17% in Q4 2025, indicating significant revenue generated from new products, which is well above its long-term goal of 10%. This ongoing technology transformation is anticipated to enhance competitive positioning, drive product innovation, and potentially enable pricing power through AI-driven underwriting models and proprietary data sets.
- Growth in Workforce Solutions, driven by Verification Services and Government Sector Expansion: The Workforce Solutions segment, particularly Verification Services, is a significant growth driver. In Q4 2025, Verification Services revenue grew by 10%, led by strong low double-digit growth in the government sector. The expansion of "The Work Number" database, which now exceeds 200 million active records, and deeper integration into underwriting workflows and government vertical expansion related to social service verification are expected to support recurring revenue.
- Resilient Mortgage Business and Market Share Gains: Despite expectations of a low single-digit decline in the overall U.S. mortgage market for 2026, Equifax demonstrated strong mortgage revenue growth in its USIS and Workforce Solutions segments in Q4 2025 (33% and 10% respectively). This growth is attributed to market share gains and product enhancements within the mortgage sector, indicating continued strength in this area even amidst broader market headwinds.
- Expansion in U.S. Information Solutions (USIS) Diversified Markets: Beyond its core mortgage services, Equifax's USIS segment recorded a 5% revenue growth in diversified markets in Q4 2025. This indicates an expanding revenue stream from other consumer and commercial information services, credit scoring, analytics, and fraud detection products within the U.S. market.
- International Market Growth and Global Platform Leverage: The International segment delivered a 7% reported revenue growth (5% on a local currency basis) in Q4 2025, with strong performance in Latin America. Equifax plans to accelerate international growth by leveraging its cloud and data fabric to deploy global platforms and products across its diverse international markets.
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Share Repurchases
- Equifax authorized a new $3 billion share repurchase program in April 2025, with completion expected over four years.
- The company repurchased approximately $927.5 million of shares in 2025.
- Equifax repurchased $69.9 million of shares in 2021.
Share Issuance
- Equifax issued common stock valued at $46.4 million in 2025.
- In 2024, share issuances amounted to $78.2 million.
- Shares issued in 2023 totaled $32.3 million.
Outbound Investments
- In 2021, Equifax made significant acquisitions, including Appriss for $1.82 billion and Kount for $640 million.
- Major acquisitions in 2023 included Boa Vista SCPC for $596 million and the remaining interest in BVS (Brazil) for approximately $870 million.
- The company also completed several smaller, undisclosed acquisitions in 2022 and 2025.
Capital Expenditures
- Capital expenditures were approximately $481.4 million in 2025, $511.5 million in 2024, and $601.3 million in 2023.
- Expected capital expenditures for 2026 are approximately $501.8 million.
- A primary focus of these expenditures has been the company's substantial investment in its cloud transformation.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 182.77 |
| Mkt Cap | 24.1 |
| Rev LTM | 5,670 |
| Op Inc LTM | 1,311 |
| FCF LTM | 1,171 |
| FCF 3Y Avg | 970 |
| CFO LTM | 1,558 |
| CFO 3Y Avg | 1,343 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.4% |
| Rev Chg 3Y Avg | 8.8% |
| Rev Chg Q | 11.5% |
| QoQ Delta Rev Chg LTM | 2.7% |
| Op Inc Chg LTM | 9.9% |
| Op Inc Chg 3Y Avg | 9.4% |
| Op Mgn LTM | 32.4% |
| Op Mgn 3Y Avg | 33.0% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 32.1% |
| CFO/Rev 3Y Avg | 30.1% |
| FCF/Rev LTM | 28.7% |
| FCF/Rev 3Y Avg | 26.8% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Workforce Solutions | 2,582 | 2,434 | 2,316 | 2,325 | 2,035 |
| U.S. Information Solutions | 2,078 | 1,893 | 1,720 | 1,658 | 1,787 |
| International | 1,414 | 1,354 | 1,229 | 1,139 | 1,102 |
| Total | 6,074 | 5,681 | 5,265 | 5,122 | 4,924 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Workforce Solutions | 1,142 | 1,053 | 969 | 1,006 | 1,001 |
| U.S. Information Solutions | 475 | 404 | 365 | 402 | 552 |
| International | 182 | 181 | 168 | 147 | 142 |
| General Corporate Expense | -704 | -597 | -568 | -499 | -556 |
| Total | 1,095 | 1,042 | 934 | 1,056 | 1,138 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Workforce Solutions | 4,068 | 4,105 | 4,145 | 4,156 | 3,888 |
| International | 3,629 | 3,452 | 3,909 | 3,107 | 3,272 |
| U.S. Information Solutions | 3,354 | 3,386 | 3,296 | 3,291 | 3,091 |
| General Corporate | 813 | 817 | 930 | 993 | 790 |
| Total | 11,864 | 11,759 | 12,280 | 11,548 | 11,041 |
Price Behavior
Price Behavior
| Market Price | $175.79 | |
| Market Cap ($ Bil) | 20.8 | |
| First Trading Date | 03/27/1986 | |
| Distance from 52W High | -32.4% | |
| 50 Days | 200 Days | |
| DMA Price | $168.61 | $190.04 |
| DMA Trend | down | indeterminate |
| Distance from DMA | 4.3% | -7.5% |
| 3M | 1YR | |
| Volatility | 44.1% | 38.5% |
| Downside Capture | -40.02 | 70.38 |
| Upside Capture | -29.45 | 19.26 |
| Correlation (SPY) | -4.7% | 18.4% |
EFX Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.24 | -0.25 | -0.20 | 0.38 | 0.54 | 0.97 |
| Up Beta | -5.71 | -2.41 | -1.45 | -0.20 | 0.41 | 0.96 |
| Down Beta | 1.75 | 1.49 | 1.39 | 1.08 | 0.96 | 1.05 |
| Up Capture | -24% | -14% | -34% | 14% | 12% | 55% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 11 | 23 | 33 | 66 | 125 | 389 |
| Down Capture | -169% | -44% | -52% | 66% | 77% | 101% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 11 | 20 | 30 | 60 | 127 | 363 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EFX | |
|---|---|---|---|---|
| EFX | -26.1% | 38.4% | -0.70 | - |
| Sector ETF (XLI) | 23.9% | 17.0% | 1.09 | 14.3% |
| Equity (SPY) | 23.5% | 12.9% | 1.37 | 18.6% |
| Gold (GLD) | 25.3% | 28.3% | 0.79 | -3.5% |
| Commodities (DBC) | 32.4% | 19.8% | 1.30 | -21.0% |
| Real Estate (VNQ) | 12.9% | 13.8% | 0.64 | 48.8% |
| Bitcoin (BTCUSD) | -43.6% | 43.0% | -1.21 | 4.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EFX | |
|---|---|---|---|---|
| EFX | -6.9% | 34.1% | -0.15 | - |
| Sector ETF (XLI) | 13.9% | 17.6% | 0.62 | 51.6% |
| Equity (SPY) | 13.2% | 17.2% | 0.59 | 55.2% |
| Gold (GLD) | 17.9% | 18.5% | 0.78 | 5.2% |
| Commodities (DBC) | 8.0% | 19.6% | 0.31 | 3.3% |
| Real Estate (VNQ) | 2.3% | 18.9% | 0.02 | 58.4% |
| Bitcoin (BTCUSD) | 10.0% | 53.0% | 0.38 | 21.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EFX | |
|---|---|---|---|---|
| EFX | 3.6% | 31.9% | 0.18 | - |
| Sector ETF (XLI) | 14.2% | 20.0% | 0.62 | 51.3% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 54.8% |
| Gold (GLD) | 11.8% | 16.2% | 0.59 | 5.7% |
| Commodities (DBC) | 7.4% | 18.0% | 0.33 | 10.6% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 52.3% |
| Bitcoin (BTCUSD) | 58.3% | 66.2% | 0.98 | 12.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 7/30/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/21/2026 | -3.9% | -1.5% | |
| 4/21/2026 | -3.0% | -14.0% | -19.0% |
| 2/4/2026 | 3.4% | 15.8% | 18.2% |
| 10/21/2025 | -0.5% | -0.9% | -11.5% |
| 7/22/2025 | -8.2% | -7.2% | -3.7% |
| 4/22/2025 | 13.8% | 19.1% | 28.7% |
| 2/6/2025 | -8.4% | -5.9% | -5.6% |
| 10/16/2024 | -3.3% | -6.3% | -9.6% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 8 | 13 |
| # Negative | 17 | 17 | 11 |
| Median Positive | 4.0% | 3.3% | 11.8% |
| Median Negative | -4.0% | -5.9% | -9.6% |
| Max Positive | 14.9% | 19.1% | 28.7% |
| Max Negative | -8.9% | -14.3% | -19.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/21/2026 | -3.9% | -1.5% | |
| 4/21/2026 | -3.0% | -14.0% | -19.0% |
| 2/4/2026 | 3.4% | 15.8% | 18.2% |
| 10/21/2025 | -0.5% | -0.9% | -11.5% |
| 7/22/2025 | -8.2% | -7.2% | -3.7% |
| 4/22/2025 | 13.8% | 19.1% | 28.7% |
| 2/6/2025 | -8.4% | -5.9% | -5.6% |
| 10/16/2024 | -3.3% | -6.3% | -9.6% |
| 7/17/2024 | 1.9% | 0.6% | 13.2% |
| 4/17/2024 | -8.5% | -5.0% | 5.2% |
| 2/7/2024 | 4.2% | 3.5% | 11.8% |
| 10/18/2023 | 2.2% | -6.3% | 14.4% |
| 7/19/2023 | -8.9% | -14.3% | -19.6% |
| 4/19/2023 | 3.8% | 1.9% | 7.9% |
| 2/8/2023 | -6.1% | -0.8% | -12.1% |
| 10/19/2022 | -6.2% | 3.0% | 24.3% |
| 7/20/2022 | -2.2% | -3.3% | 3.7% |
| 4/20/2022 | -8.3% | -9.5% | -13.7% |
| 2/9/2022 | -3.8% | -7.8% | -6.7% |
| 10/20/2021 | -5.3% | -0.9% | 7.2% |
| 7/21/2021 | -2.1% | 1.5% | 1.5% |
| 4/21/2021 | 14.9% | 18.0% | 21.1% |
| 2/10/2021 | -3.3% | -3.0% | -6.6% |
| 10/21/2020 | -4.0% | -13.2% | 6.9% |
| 7/22/2020 | 5.1% | -1.4% | -3.9% |
| SUMMARY STATS | |||
| # Positive | 8 | 8 | 13 |
| # Negative | 17 | 17 | 11 |
| Median Positive | 4.0% | 3.3% | 11.8% |
| Median Negative | -4.0% | -5.9% | -9.6% |
| Max Positive | 14.9% | 19.1% | 28.7% |
| Max Negative | -8.9% | -14.3% | -19.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/21/2026 | 10-Q |
| 03/31/2026 | 04/21/2026 | 10-Q |
| 12/31/2025 | 02/19/2026 | 10-K |
| 09/30/2025 | 10/21/2025 | 10-Q |
| 06/30/2025 | 07/22/2025 | 10-Q |
| 03/31/2025 | 04/22/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 10/21/2024 | 10-Q |
| 06/30/2024 | 07/22/2024 | 10-Q |
| 03/31/2024 | 04/22/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 10/23/2023 | 10-Q |
| 06/30/2023 | 07/25/2023 | 10-Q |
| 03/31/2023 | 04/20/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 10/20/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/21/2026 | 10-Q |
| 03/31/2026 | 04/21/2026 | 10-Q |
| 12/31/2025 | 02/19/2026 | 10-K |
| 09/30/2025 | 10/21/2025 | 10-Q |
| 06/30/2025 | 07/22/2025 | 10-Q |
| 03/31/2025 | 04/22/2025 | 10-Q |
| 12/31/2024 | 02/20/2025 | 10-K |
| 09/30/2024 | 10/21/2024 | 10-Q |
| 06/30/2024 | 07/22/2024 | 10-Q |
| 03/31/2024 | 04/22/2024 | 10-Q |
| 12/31/2023 | 02/22/2024 | 10-K |
| 09/30/2023 | 10/23/2023 | 10-Q |
| 06/30/2023 | 07/25/2023 | 10-Q |
| 03/31/2023 | 04/20/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 10/20/2022 | 10-Q |
| 06/30/2022 | 07/21/2022 | 10-Q |
| 03/31/2022 | 04/21/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
| 09/30/2021 | 10/21/2021 | 10-Q |
| 06/30/2021 | 07/22/2021 | 10-Q |
| 03/31/2021 | 04/22/2021 | 10-Q |
| 12/31/2020 | 02/25/2021 | 10-K |
| 09/30/2020 | 10/22/2020 | 10-Q |
| 06/30/2020 | 07/23/2020 | 10-Q |
| 03/31/2020 | 04/21/2020 | 10-Q |
| 12/31/2019 | 02/20/2020 | 10-K |
| 09/30/2019 | 10/25/2019 | 10-Q |
Recent Forward Guidance
Updated 7/22/2026Latest: Q2 2026 Earnings Reported 7/21/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Reported Revenue | 1.68 Bil | 1.70 Bil | 1.71 Bil | ||||
| Q3 2026 Reported Revenue Growth | 8.7% | 9.7% | 10.7% | ||||
| Q3 2026 Local Currency Growth | 8.4% | 9.4% | 10.4% | ||||
| Q3 2026 Organic Local Currency Growth | 8.3% | 9.3% | 10.3% | ||||
| Q3 2026 Adjusted Earnings Per Share | 2.15 | 2.2 | 2.25 | ||||
| 2026 Reported Revenue | 6.71 Bil | 6.75 Bil | 6.78 Bil | 0.0% | Affirmed | Guidance: 6.75 Bil for 2026 | |
| 2026 Reported Revenue Growth | 10.5% | 11.05% | 11.6% | 0.0% | Raised | Guidance: 11.0% for 2026 | |
| 2026 Local Currency Growth | 9.8% | 10.35% | 10.9% | ||||
| 2026 Organic Local Currency Growth | 9.7% | 10.25% | 10.8% | ||||
| 2026 Adjusted Earnings Per Share | 8.39 | 8.54 | 8.69 | 0.0% | Affirmed | Guidance: 8.54 for 2026 | |
Prior: Q1 2026 Earnings Reported 4/21/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Reported Revenue | 1.68 Bil | 1.70 Bil | 1.71 Bil | 5.1% | Higher New | Guidance: 1.61 Bil for Q1 2026 | |
| 2026 Reported Revenue | 6.68 Bil | 6.75 Bil | 6.80 Bil | 0.4% | Raised | Guidance: 6.72 Bil for 2026 | |
| Q2 2026 Reported Revenue Growth | 9.3% | 10.3% | 11.3% | ||||
| 2026 Reported Revenue Growth | 10.0% | 11.0% | 12.0% | ||||
| Q2 2026 Adjusted Earnings Per Share | 2.15 | 2.2 | 2.25 | 31.0% | Higher New | Guidance: 1.68 for Q1 2026 | |
| 2026 Adjusted Earnings Per Share | 8.34 | 8.54 | 8.74 | 0.5% | Raised | Guidance: 8.5 for 2026 | |
Q4 2025 Earnings Reported 2/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Reported Revenue | 1.60 Bil | 1.61 Bil | 1.63 Bil | 6.0% | Higher New | Actual: 1.52 Bil for Q4 2025 | |
| Q1 2026 Adjusted Earnings Per Share | 1.63 | 1.68 | 1.73 | -17.2% | Lower New | Actual: 2.03 for Q4 2025 | |
| 2026 Reported Revenue | 6.66 Bil | 6.72 Bil | 6.78 Bil | 11.2% | Higher New | Actual: 6.04 Bil for 2025 | |
| 2026 Adjusted Earnings Per Share | 8.3 | 8.5 | 8.7 | 11.8% | Higher New | Actual: 7.6 for 2025 | |
Q3 2025 Earnings Reported 10/21/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Reported Revenue | 1.51 Bil | 1.52 Bil | 1.54 Bil | ||||
| Q4 2025 Adjusted Earnings Per Share | 1.98 | 2.03 | 2.08 | ||||
| 2025 Reported Revenue | 6.03 Bil | 6.04 Bil | 6.06 Bil | 0.7% | Raised | Guidance: 6.00 Bil for 2025 | |
| 2025 Adjusted Earnings Per Share | 7.55 | 7.6 | 7.65 | 1.6% | Raised | Guidance: 7.48 for 2025 | |
| 2025 Free Cash Flow | 950.00 Mil | 962.50 Mil | 975.00 Mil | 6.9% | Raised | Guidance: 900.00 Mil for 2025 | |
Insider Activity
Updated 7/28/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Begor, Mark W | CEO | Direct | Sell | 7282026 | 172.16 | 37,791 | 6,506,255 | 46,809,705 | Form |
| 2 | Borton, Chad M | EVP, Pres Workforce Solutions | Direct | Sell | 5082026 | 173.89 | 2,455 | 426,900 | 5,132,885 | Form |
| 3 | Gamble, John W JR | EVP, CFO & COO | Direct | Sell | 5052026 | 176.54 | 3,500 | 617,890 | 12,969,335 | Form |
| 4 | Begor, Mark W | CEO | Direct | Sell | 4282026 | 172.40 | 37,791 | 6,515,210 | 46,846,551 | Form |
| 5 | Gamble, John W JR | EVP, CFO & COO | Direct | Sell | 2252026 | 195.72 | 4,500 | 880,740 | 11,532,018 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Begor, Mark W | CEO | Direct | Sell | 7282026 | 172.16 | 37,791 | 6,506,255 | 46,809,705 | Form |
| 2 | Borton, Chad M | EVP, Pres Workforce Solutions | Direct | Sell | 5082026 | 173.89 | 2,455 | 426,900 | 5,132,885 | Form |
| 3 | Gamble, John W JR | EVP, CFO & COO | Direct | Sell | 5052026 | 176.54 | 3,500 | 617,890 | 12,969,335 | Form |
| 4 | Begor, Mark W | CEO | Direct | Sell | 4282026 | 172.40 | 37,791 | 6,515,210 | 46,846,551 | Form |
| 5 | Gamble, John W JR | EVP, CFO & COO | Direct | Sell | 2252026 | 195.72 | 4,500 | 880,740 | 11,532,018 | Form |
| 6 | Mao, Cecilia | EVP, Chief Product Officer | Direct | Buy | 2192026 | 193.72 | 2,400 | 464,928 | 2,057,888 | Form |
| 7 | Borton, Chad M | EVP, Pres Workforce Solutions | Direct | Sell | 2172026 | 191.50 | 2,535 | 485,452 | 3,320,610 | Form |
| 8 | Farshchi, Jamil | EVP, Chief Technology Officer | Direct | Sell | 2122026 | 199.87 | 1,167 | 233,248 | 7,968,617 | Form |
| 9 | Begor, Mark W | CEO | Direct | Sell | 2122026 | 201.89 | 37,791 | 7,629,521 | 46,536,221 | Form |
| 10 | Farshchi, Jamil | EVP, Chief Technology Officer | Direct | Sell | 2122026 | 195.81 | 6,213 | 1,216,568 | 8,035,259 | Form |
| 11 | Gamble, John W JR | EVP, CFO & COO | Direct | Sell | 11212025 | 208.37 | 2,500 | 520,925 | 12,403,641 | Form |
| 12 | Begor, Mark W | CEO | Direct | Sell | 10292025 | 231.10 | 27,959 | 6,461,350 | 33,032,177 | Form |
| 13 | Begor, Mark W | CEO | 2-yr Jun 2025 GRAT | Sell | 10292025 | 231.12 | 21,386 | 4,942,761 | 5,095,070 | Form |
| 14 | Farshchi, Jamil | EVP, Chief Technology Officer | Direct | Sell | 10282025 | 238.94 | 4,925 | 1,176,780 | 9,405,634 | Form |
| 15 | Gamble, John W JR | EVP, CFO & COO | Direct | Sell | 8202025 | 247.35 | 3,000 | 742,050 | 15,385,665 | Form |
| 16 | Begor, Mark W | CEO | Direct | Sell | 7302025 | 241.71 | 48,264 | 11,666,013 | 34,533,952 | Form |
Investor Activity (13F)
Updated Aug 7, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| C Partners Holding GmbH | $46.7 Mil | 14.8% | 7 | Hold | 13F |
| Theleme Partners LLP | $97.4 Mil | 6.5% | 10 | ADD +6.9% | 13F |
| CDAM (UK) Ltd | $26.7 Mil | 5.9% | 11 | New | 13F |
| Darsana Capital Partners LP | $270.1 Mil | 5.8% | 14 | ADD +50.0% | 13F |
| GFI Investment Counsel Ltd. | $41.7 Mil | 5.7% | 24 | New | 13F |
| Soroban Capital Partners LP | $753.5 Mil | 5.4% | 27 | ADD +310.5% | 13F |
| Generation Investment Management LLP | $319.7 Mil | 2.9% | 29 | ADD +13.0% | 13F |
| Weitz Investment Management, Inc. | $33.8 Mil | 2.4% | 49 | TRIM -12.7% | 13F |
| Dundas Partners LLP | $22.9 Mil | 1.8% | 49 | Hold | 13F |
| Trinity Street Asset Management LLP | $25.5 Mil | 1.8% | 22 | ADD +30.8% | 13F |
| Central Securities Corp | $18.0 Mil | 1.5% | 30 | New | 13F |
| Threadgill Financial, LLC | $5.0 Mil | 1.5% | 44 | Hold | 13F |
| Meritage Group LP | $27.8 Mil | 1.0% | 13 | TRIM -6.8% | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| GFI Investment Counsel Ltd. | $41.7 Mil | 5.7% | 24 | New | 13F |
| CDAM (UK) Ltd | $26.7 Mil | 5.9% | 11 | New | 13F |
| Central Securities Corp | $18.0 Mil | 1.5% | 30 | New | 13F |
| Soroban Capital Partners LP | $753.5 Mil | 5.4% | 27 | ADD +310.5% | 13F |
| Darsana Capital Partners LP | $270.1 Mil | 5.8% | 14 | ADD +50.0% | 13F |
| Trinity Street Asset Management LLP | $25.5 Mil | 1.8% | 22 | ADD +30.8% | 13F |
| Generation Investment Management LLP | $319.7 Mil | 2.9% | 29 | ADD +13.0% | 13F |
| Theleme Partners LLP | $97.4 Mil | 6.5% | 10 | ADD +6.9% | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | As Of | Filing |
|---|---|---|---|---|---|---|
| Coalescence Partners Investment Management, LP | $35.8 Mil | 8.4% | 12 | Exited | Dec 31, 2025 | 13F |
| Square Wave Capital, LLC | $35.8 Mil | 8.3% | 9 | Exited | Dec 31, 2025 | 13F |
| Valley Forge Capital Management, LP | $31.8 Mil | 0.7% | 9 | Exited | Dec 31, 2025 | 13F |
| Arvin Capital Management LP | $16.0 Mil | 3.4% | 28 | Exited | Dec 31, 2025 | 13F |
| Weitz Investment Management, Inc. | $33.8 Mil | 2.4% | 49 | TRIM -12.7% | Mar 31, 2026 | 13F |
| Meritage Group LP | $27.8 Mil | 1.0% | 13 | TRIM -6.8% | Mar 31, 2026 | 13F |
| Active Manager | Value | % of Portfolio | Total Positions | QoQ | Filing |
|---|---|---|---|---|---|
| Soroban Capital Partners LP | $753.5 Mil | 5.4% | 27 | ADD +310.5% | 13F |
| Generation Investment Management LLP | $319.7 Mil | 2.9% | 29 | ADD +13.0% | 13F |
| Darsana Capital Partners LP | $270.1 Mil | 5.8% | 14 | ADD +50.0% | 13F |
| Theleme Partners LLP | $97.4 Mil | 6.5% | 10 | ADD +6.9% | 13F |
| C Partners Holding GmbH | $46.7 Mil | 14.8% | 7 | Hold | 13F |
| GFI Investment Counsel Ltd. | $41.7 Mil | 5.7% | 24 | New | 13F |
| Weitz Investment Management, Inc. | $33.8 Mil | 2.4% | 49 | TRIM -12.7% | 13F |
| Meritage Group LP | $27.8 Mil | 1.0% | 13 | TRIM -6.8% | 13F |
| CDAM (UK) Ltd | $26.7 Mil | 5.9% | 11 | New | 13F |
| Trinity Street Asset Management LLP | $25.5 Mil | 1.8% | 22 | ADD +30.8% | 13F |
| Dundas Partners LLP | $22.9 Mil | 1.8% | 49 | Hold | 13F |
| Central Securities Corp | $18.0 Mil | 1.5% | 30 | New | 13F |
| Threadgill Financial, LLC | $5.0 Mil | 1.5% | 44 | Hold | 13F |
Equifax — Investor Video Playlist
Products & Services
How Patelco Credit Union Succeeds with VantageScore
Products & Services
Combating Small Business Fraud in an AI-Powered World
Investor / Analyst
Equifax Conference Call on Acquisition of Círculo de Crédito in Mexico | July 07, 2026
Products & Services
The Future of Mortgage Credit
Products & Services
What the Equifax Market Pulse Index Reveals About the U.S. Consumer
Products & Services
Security as the Accelerator: How We Securely Shipped 180+ New Products in 2025
Products & Services
Introducing Optimal Path™ From Equifax
Investor / Analyst
Equifax 2025 Investor Day Recap: The New EFX and post-Cloud Growth
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Research & Consulting Services Resources |
| Consultancy.org |
| Gartner Research |
| Forrester Insights |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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