Equifax Inc.
New York Stock ExchangeRecent
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- Equifax Inc is a global data, analytics, and technology company specializing in consumer credit reporting, workforce solutions, and information services. Founded in 1899 and headquartered in Atlanta, Georgia, Equifax operates in 24 countries across the Americas, Europe, and Asia Pacific. The company’s core products and services include consumer and commercial credit reports; verification services such as employment and income verification; mortgage solutions; financial marketing services; identity management and fraud prevention solutions; business credit and demographic data; analytical services; and software platforms for risk decisioning and portfolio management. Equifax serves a broad range of industries including financial services, retail, telecommunications, utilities, healthcare, government agencies, and credit unions. Equifax’s business is organized into three main segments: U.S. Information Solutions, Workforce Solutions, and International. The U.S. Information Solutions segment delivers consumer and commercial information solutions through online platforms, mortgage reporting, fraud and identity management services, and marketing analytics. Workforce Solutions provides employment and income verification, reemployment services, and human resources business process outsourcing. The International segment offers credit and data analytics products across various global markets. Recent major changes include the near completion of Equifax’s transition to the EFX Cloud, which now supports close to 85% of its revenue, enabling accelerated new product innovation with over 100 new product releases in 2024. The company reported a 7% year-over-year revenue growth in the fourth quarter of 2024, driven by a 29% increase in U.S. mortgage revenue and strong performance in workforce solutions. Equifax continues to invest in advanced analytics, artificial intelligence via EFX.AI capabilities, and new data-driven products to drive growth and improve margins. It also maintains a leading security program, reinforcing its position in fraud prevention and data breach response services. The company projects continued revenue growth in 2025 with an emphasis on expanding cloud-based services and AI-driven solutions. Equifax remains publicly traded on the NYSE under the symbol EFX, with approximately 15,000 employees worldwide and annual revenues projected near $6 billion for 2025.
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