$100 Invested in Equifax 5 Years Ago Now Worth More Than Double
December 23, 2023
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EQUIFAX INC ($NYSE:EFX). is a global information solutions provider that uses data, analytics, and technology to bring trust and clarity to the complex challenges of managing risk. Recent analysis from Benzinga has revealed that $100 invested in Equifax 5 years ago is now worth more than double. This is impressive growth, and investors have been able to capitalize on the success of the company as it increasingly works to improve its services and products. Equifax Inc has consistently put itself at the forefront of innovation. It continues to be one of the first companies to develop and implement new technologies and services such as its Equifax Credit Score, which provides consumers with a comprehensive look at their credit score.
Additionally, the company has invested heavily in smart data technologies, cyber security solutions, fraud detection and prevention services, as well as developing new products designed to meet the ever-changing needs of the financial services industry. These investments have paid off, with Equifax Inc’s stock growing steadily over the past five years. As the company continues to expand its business and explore new opportunities for growth, investors should consider the potential for further gains with an investment in Equifax Inc.
Price History
Friday was a good day for investors in EQUIFAX INC. The stock opened at $243.5 and closed at $243.9, representing a 0.7% increase from the prior closing price of $242.2. This means that those who invested $100 in the company’s stock five years ago would now have more than double their money with the stock currently trading at nearly two and half times its initial value. This indicates that EQUIFAX INC has been a profitable investment over recent years, rewarding shareholders with solid returns. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Equifax Inc. More…
| Total Revenues | Net Income | Net Margin |
| 5.14k | 521.1 | 10.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Equifax Inc. More…
| Operations | Investing | Financing |
| 1.12k | -877.1 | -79.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Equifax Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.35k | 7.86k | 34.84 |
Key Ratios Snapshot
Some of the financial key ratios for Equifax Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.5% | 16.0% | 17.8% |
| FCF Margin | ROE | ROA |
| 9.9% | 13.4% | 4.6% |
Analysis
At GoodWhale, we have done an analysis of EQUIFAX INC‘s financials and the results were quite favorable. According to our Star Chart, EQUIFAX INC is strong in dividend and profitability, medium in growth and weak in assets. In terms of health score, EQUIFAX INC was rated 8 out of 10 which is quite impressive. This score indicates that the company is capable of riding out any crisis without the risk of bankruptcy. Furthermore, this company is classified as ‘cow’, meaning that it has a track record of paying out consistent and sustainable dividends. These features make EQUIFAX INC a great choice for any investor looking for a stable and consistent return on investment. With its strong dividend and profitability, investors with a long-term outlook will be able to capitalize on the strong foundations of EQUIFAX INC. Additionally, its medium growth rate means that there is potential for expansion in the future. More…
Peers
Equifax Inc. is a credit reporting agency. Its main competitors are TransUnion, Mills Music Trust, and Experian PLC. All three companies compete for credit report customers and business from creditors.
– TransUnion ($NYSE:TRU)
TransUnion is a credit reporting company. It compiles credit information on consumers and businesses, which is used by lenders to make credit decisions. The company also provides other services such as fraud detection, identity theft protection, and credit counseling. TransUnion has a market cap of 10.77B as of 2022, and a Return on Equity of 8.48%.
– Mills Music Trust ($OTCPK:MMTRS)
Mills Music Trust is a publicly traded music royalty company. The company owns the rights to a large catalog of music, which it licenses to businesses and individuals for use in their products and services. Mills Music Trust has a market cap of 10.14M as of 2022. The company generates revenue by licensing its music to businesses and individuals for use in their products and services.
– Experian PLC ($LSE:EXPN)
As of 2022, Experian PLC has a market cap of 24.89B and a Return on Equity of 34.45%. The company is a global information services company that provides data and analytical tools to its clients. Experian helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making.
Summary
Investing in Equifax Inc. five years ago would have been a profitable decision. This performance was attributed to a successful shift to digital services and increased demand for risk and fraud prevention solutions. These factors have all contributed to the impressive performance of Equifax’s stock over the past five years, making $100 invested in Equifax five years ago worth significantly more today.
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