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Equifax (NYSE:EFX) EBIT

: $1,093 Mil (TTM As of Sep. 2022)
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Equifax's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2022 was $267 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2022 was $1,093 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Equifax's annualized ROC % for the quarter that ended in Sep. 2022 was 6.31%. Equifax's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 68.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Equifax's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 3.23%.


Equifax EBIT Historical Data

The historical data trend for Equifax's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equifax Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 839.40 473.90 -302.10 826.80 1,094.80

Equifax Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 300.40 176.70 343.50 306.40 266.80

Equifax EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,093 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equifax  (NYSE:EFX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Equifax's annualized ROC % for the quarter that ended in Sep. 2022 is calculated as:

ROC % (Q: Sep. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Sep. 2022 ))/ count )
=971.6 * ( 1 - 24.03% )/( (11927.4 + 11477.9)/ 2 )
=738.12452/11702.65
=6.31 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

Equifax's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1067.2/( ( (1433.9 + max(108.2, 0)) + (1487 + max(97.4, 0)) )/ 2 )
=1067.2/( ( 1542.1 + 1584.4 )/ 2 )
=1067.2/1563.25
=68.27 %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(892.9 + 0 + 236.8) - (573.7 + 109.4 + 338.4)
=108.2

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(845 + 0 + 208.2) - (553.9 + 107.2 + 294.7)
=97.4

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Equifax's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2022 )
=1093.4/33836.673
=3.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equifax EBIT Related Terms

Thank you for viewing the detailed overview of Equifax's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Equifax (NYSE:EFX) Business Description

Equifax logo
Traded in Other Exchanges
Address
1550 Peachtree Street N.W., Atlanta, GA, USA, 30309
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
Executives
Lisa M Nelson officer: President-International EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Audrey B Tillman director 1932 WYNNTON RD, COLUMBUS GA 31999
Melissa D Goodwin director C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Sunil Bindal officer: SVP, Corp Development EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lindsay B Parker officer: Chief Marketing Officer EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Beverly J Anderson officer: Pres-Global Consumer Solutions 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Robert W Selander director MASTERCARD INTERNATIONAL, 2000 PURCHASE STREET, PURCHASE NY 10577
Robert D Marcus director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
John A Mckinley director C/O EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Elane B Stock director 351 PHELPS DRIVE, IRVING TX 75038
Carla Chaney officer: CVP & Chief HR Officer 5302 LAKE VIEW CLUB, DUNWOODY GA 30338
G. Thomas Hough director P.O. BOX 407, LAKELAND FL 33802
Heather H Wilson director 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Sid Singh officer: President - USIS 1550 PEACHTREE STREET NW, ATLANTA GA 30309
James M Griggs officer: SVP & Corp Controller 1550 PEACHTREE STREET NW, ATLANTA GA 30309

Equifax (NYSE:EFX) Headlines

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