Equifax

Equifax Inc. is a multinational consumer credit reporting agency and one of the three largest credit bureaus in the United States, alongside Experian and TransUnion. Founded in 1899 and headquartered in Atlanta, Georgia, Equifax has evolved from a small local credit reporting service into a global information solutions company serving customers across 24 countries. The company holds credit information on more than 400 million credit holders worldwide and employs approximately 11,200 people globally.

Equifax operates through three primary business segments: Workforce Solutions, U.S. Information Solutions (USIS), and International. The Workforce Solutions segment provides income and employment verification services along with employer services that help automate payroll and human resource management processes. This segment has been a significant growth driver, with Verification Services revenue growing 19% in the third quarter of 2024. The USIS segment delivers consumer and commercial information solutions through Online Information Solutions, Mortgage Solutions, and Financial Marketing Services, serving financial institutions, mortgage lenders, and other businesses that rely on credit data for decision-making. The International segment operates across Latin America, Europe, Asia Pacific, and Canada, contributing to the company's global footprint and diversified revenue base.

In 2024, Equifax delivered strong financial performance with annual revenue of $5.681 billion, representing 7.9% growth from 2023. The company reported full year adjusted EPS of $7.29, up 9% compared to the prior year, and maintained a healthy adjusted EBITDA margin of 32.3%. This performance was achieved despite challenging market conditions in mortgage and hiring sectors, demonstrating the resilience of Equifax's diversified business model.

Under the continued leadership of CEO Mark W. Begor, who has led the company since April 2018 and extended his tenure beyond 2025, Equifax has undergone a significant transformation focused on cloud technology, data security, and product innovation. The company is nearing completion of its cloud transformation initiative, with close to 85% of revenue now generated through cloud-based platforms. This technological advancement has enabled Equifax to accelerate new product development and enhance service delivery to customers.

Equifax has made data security a top priority, particularly following the significant 2017 data breach that affected 147.9 million Americans. In its 2024 Security Annual Report released in March 2025, the company highlighted defending against 15 million cybersecurity threats daily (a 25% increase from 2023) and successfully transitioning nearly 22,000 global employees and contractors to passwordless authentication. This represents industry-leading innovation in identity and access management.

The company's mission is to help people live their financial best and to be the global leader in information solutions that create unparalleled insights to solve customer challenges. Equifax's core values—Do the Right Thing, Customers First, Say/Do (Deliver Results), and One Equifax—guide its operations and stakeholder engagement. The company has received recognition for its workplace culture, being named to TIME Magazine's inaugural list of America's Best Midsize Companies in 2024 and appearing on Forbes' 2024 America's Best Employers for Diversity List.