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Equifax (Equifax) Earnings Yield (Joel Greenblatt) %

: 2.65% (As of Dec. 2023)
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Equifax's Enterprise Value for the quarter that ended in Dec. 2023 was $36,139 Mil. Equifax's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $959 Mil. Equifax's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2023 was 2.65%.

The historical rank and industry rank for Equifax's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

EFX' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.9   Med: 4.01   Max: 6.57
Current: 2.73

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Equifax was 6.57%. The lowest was -1.90%. And the median was 4.01%.

EFX's Earnings Yield (Joel Greenblatt) % is ranked worse than
65.77% of 1110 companies
in the Business Services industry
Industry Median: 5.79 vs EFX: 2.73

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Equifax's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2023 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Equifax Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Equifax's Earnings Yield (Joel Greenblatt) % 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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.51 3.15 2.68 3.79 2.65

Equifax Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings Yield (Joel Greenblatt) % 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 3.79 3.21 2.69 3.22 2.65

Competitive Comparison

For the Consulting Services subindustry, Equifax's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equifax Earnings Yield (Joel Greenblatt) % Distribution

For the Business Services industry and Industrials sector, Equifax's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Equifax's Earnings Yield (Joel Greenblatt) % falls into.



Equifax Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Equifaxs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2023 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=959.3/36138.657
=2.65 %

Equifax's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $959 Mil.



Equifax  (NYSE:EFX) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Equifax Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Equifax's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Equifax (Equifax) Business Description

Industry
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
Kelley John J Iii officer: CVP & CLC 1550 PEACHTREE STREET, NW, ATLANTA GA 30309
Julia A Houston officer: Chief Transformation Officer 1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Rodolfo O Ploder officer: Group Executive C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Bryson R Koehler officer: Chief Technology Officer 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Mark W Begor director, officer: CEO 181 METRO DRIVE, SAN JOSE CA 95110
Melissa D Goodwin director C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Gamble John W Jr officer: CVP & CFO ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
James M Griggs officer: SVP & Corp Controller 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Carla Chaney officer: CVP & Chief HR Officer 5302 LAKE VIEW CLUB, DUNWOODY GA 30338
Todd Michael Horvath officer: EVP, President USIS EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Karen Linn Fichuk director EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lisa M Nelson officer: President-International EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Sid Singh officer: President - USIS 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Prasanna Dhore officer: Chief Data & Analytics Officer 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Audrey B Tillman director 1932 WYNNTON RD, COLUMBUS GA 31999

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