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Dec 31, 2021
Equifax Q4 2021 Earnings Report
Equifax reported record revenue and eighth consecutive quarter of double-digit growth.
Key Takeaways
Equifax reported a record fourth quarter revenue of $1.3 billion, a 12% increase year-over-year, driven by Workforce Solutions revenue growth of 29%. The company's strong performance and strategic investments position it for continued growth in 2022.
Record fourth quarter 2021 revenue of $1.3 billion, up 12%.
Workforce Solutions revenue growth of 29%; eleven consecutive quarters of double-digit revenue growth.
Strong new product innovation leveraging new EFX Cloud.
Closed in February bolt-on acquisition of Efficient Hire to enhance differentiated data and strengthen Workforce Solutions.
Equifax
Equifax
Equifax Revenue by Segment
Equifax Revenue by Geographic Location
Revenue by Segment
Workforce Solutions Revenue
CapyFin.comVerification Services Revenue
CapyFin.comEmployer Services Revenue
CapyFin.comUS Information Solutions Revenue
CapyFin.comOnline Info Solutions Revenue
CapyFin.comFinancial Marketing Revenue
CapyFin.comInternational Revenue
CapyFin.comRevenue by Geographic Location
Latin America Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comCanada Revenue
CapyFin.com Forward Guidance
Equifax reconfirmed its full-year 2022 guidance, expecting revenue in the range of $5.250 billion to $5.350 billion and Adjusted EPS in the range of $8.50 to $8.80.
Positive Outlook
- Reconfirming prior framework with full-year 2022 guidance.
- Revenue in a range of $5.250 billion to $5.350 billion.
- Adjusted EPS in a range of $8.50 to $8.80.
- Increase in core revenue growth.
- Positioning Equifax for diversified growth.
Challenges Ahead
- Expectation of a sharper decline in the U.S. mortgage market of 21.5% compared to last year.
- Potential adverse developments in new and pending legal proceedings or government investigations.
- Risks relating to unauthorized access to data or breaches of confidential information due to criminal conduct, attacks by hackers, employee or insider malfeasance and/or human error.
- Changes in, and the effects of, laws and regulations and government policies governing or affecting our business.
- Adverse or uncertain economic conditions and changes in credit and financial markets, such as rising interest rates and inflation.
Revenue & Expenses
Visualization of income flow from segment revenue to net income