EFX (Equifax) Operating Income: $1,147 Mil (TTM As of Mar. 2026)

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EFX Equifax Inc EFX
75 GF Score
Price $166.93
GF Value $289.15
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Equifax Operating Income?

Equifax EFX -3.29% 75 Operating Income is $1,147 Mil as of Mar. 2026. GuruFocus rates EFX with a GF Score™ of 75/100 and a GF Value™ of $289.15 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Equifax's Operating Income for the three months ended in Mar. 2026 was $288 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,147 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Equifax's Operating Income for the three months ended in Mar. 2026 was $288 Mil. Equifax's Revenue for the three months ended in Mar. 2026 was $1,649 Mil. Therefore, Equifax's Operating Margin % for the quarter that ended in Mar. 2026 was 17.45%.

Warning Sign:

Equifax Inc operating margin has been in a 5-year decline. The average rate of decline per year is -1.1%.

Equifax's 5-Year average Growth Rate for Operating Margin % was -1.10% per year.

Operating Income or EBIT 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 Mar. 2026 was 6.98%. Equifax's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.78%.


Equifax  (NYSE:EFX) Operating Income Explanation

1. Operating Income or EBIT 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 Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1150.8 * ( 1 - 26.51% )/( (12018.6 + 12226.1)/ 2 )
=845.72292/12122.35
=6.98 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Equifax's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1166/( ( (1932.4 + max(-66, 0)) + (1929.6 + max(105.1, 0)) )/ 2 )
=1166/( ( 1932.4 + 2034.7 )/ 2 )
=1166/1983.55
=58.78 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1012.7 + 0 + 218.7) - (768.8 + 101.2 + 427.4)
=-66

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1071.9 + 0 + 231.4) - (679.9 + 106.3 + 412)
=105.1

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Equifax's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=287.7/1648.9
=17.45 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Equifax Operating Income Related Terms


Equifax Operating Income Historical Data

* Premium members only.

The historical data trend for Equifax's Operating Income 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.

Equifax Operating Income Chart

Equifax Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,138.00 1,056.00 933.60 1,042.10 1,095.20

Equifax Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial 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 235.80 310.80 264.30 284.20 287.70
EFX
75GF Score
Equifax Inc EFX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Equifax Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,147 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $1,147 Mil mean?
Equifax (EFX) has a Operating Income of $1,147 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Equifax and its competitors.
Is Equifax's Operating Income too high?
Equifax's current Operating Income is $1,147 Mil. Overall, Equifax has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Equifax's Operating Income compare to VRSK and BAH?
Equifax's Operating Income of $1,147 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Business Services company?
A good Operating Income depends on the Business Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Equifax and its competitors. Equifax's current Operating Income is $1,147 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equifax stock overvalued right now?
Based on GuruFocus' analysis, Equifax (EFX) is currently considered Significantly Undervalued. The stock's GF Value™ is $289.15, compared to a current price of $166.93 — trading 42.3% below its estimated fair value. The current Operating Income is $1,147 Mil. Equifax's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Equifax (EFX), the current Operating Income is $1,147 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Equifax (EFX) Overvalued in 2026?

Based on GuruFocus' analysis, Equifax stock appears to be undervalued. The current stock price of $166.93 is trading 42.3% below its estimated GF Value™ of $289.15. GuruFocus considers Equifax to be Significantly Undervalued.

Key valuation signals for EFX:

  • Operating Income: $1,147 Mil
  • GF Value™: $289.15 vs. price of $166.93 (42.3% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the EFX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equifax Business Description

Address 1550 Peachtree Street North West, 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 40% of the firm's revenue comes from Workforce Solutions, which provides income verification and employer human resources services. Equifax generates about 25% of its revenue from outside the United States.
75GF Score

Get the complete analysis for EFX

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$166.93
Price
$289.15
GF Value