Is this data network built for durability?
Equifax provides information and analytics that help businesses assess identity, credit, and related risk. Its products are used in decision workflows where data accuracy and consistent delivery matter, including routine screening and verification use cases. The company operates at large scale, serving customers that integrate its data into ongoing processes rather than one-off purchases. That makes the business feel less like a single product cycle and more like an embedded service.
Are margins and cash flow holding steady?
FundamentalsFor 2025, reported in USD, revenue reached about USD 6.07 billion, alongside EBIT of roughly USD 1.10 billion and net income of about USD 664 million. Revenue grew 6.9% versus the prior annual period, with trailing margins showing 56.12% gross margin, 18.26% operating margin, and 11.12% net profit margin.
Cash conversion, based on the provided proxy, was about USD 1.11 billion, derived from EBIT after tax plus USD 727 million of depreciation and amortization and minus USD 481 million of capital spending. Total debt stood at about USD 1.04 billion at year-end.
Is the market paying up for stability?
DCF / MultiplesAt USD 153.93, the stock sits below the central discounted cash flow estimate and above the lower-case outcome, with the valuation range spanning from USD 112.51 through USD 177.64 to USD 248.80 under a stronger set of assumptions. The current pricing also aligns with a 26.23 trailing P/E and 12.51 EV/EBITDA, reflecting expectations for steady earnings and cash generation.
Valuation Depends on Consistency
TakeawayThe price is leaning on a durable, repeatable earnings base. That requires margins and cash conversion to stay dependable. If cash generation softens, the valuation support thins quickly. If durability holds, today’s price is not demanding perfection.