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Equifax Inc
Equifax Inc. is a publicly traded company based in the United States, with the stock ticker symbol EFX. The company operates in the financial and data services industry, providing information solutions and human resources services to businesses and consumers.
When it comes to earnings, Equifax has generally been a stable and profitable company. In its most recent fiscal year, which ended on December 31, 2021, Equifax reported net income of $1.3 billion, up from $1.1 billion in the previous year. The company's earnings per share (EPS) for the year was $8.42, up from $7.13 in the previous year.
In terms of growth, Equifax has consistently grown its revenue over the past several years. In 2021, the company reported total revenue of $4.9 billion, up from $4.5 billion in 2020. This represents a compound annual growth rate (CAGR) of around 4% over the past five years.
One area where Equifax has seen particularly strong growth is in its Workforce Solutions segment, which provides employment and income verification services to businesses. This segment saw revenue growth of 13% in 2021, driven by strong demand for its services as businesses seek to manage their workforces in the context of the COVID-19 pandemic.
Equifax has also made significant investments in its technology and data analytics capabilities in recent years, which the company believes will position it well for future growth. The company has made several acquisitions in the data analytics space, including the acquisition of DataX in 2020 and the acquisition of Appriss Safety in 2021.
Overall, Equifax is a well-established player in the financial and data services industry, with a track record of stable earnings and consistent growth. The company's focus on technology and data analytics is likely to be a key driver of its future growth.