TransUnion Files 2024 Annual Report

TL;DR

TRU filed its 2024 10-K, all good on reporting requirements.

AI Summary

TransUnion, incorporated in Delaware, filed its annual report for the fiscal year ended December 31, 2024. The company's common stock is traded on the New York Stock Exchange under the ticker symbol TRU. This filing confirms TransUnion has met its reporting obligations for the preceding 12 months and the past 90 days, and has submitted all required Interactive Data Files.

Why It Matters

This 10-K filing provides a comprehensive overview of TransUnion's financial performance and business operations for the fiscal year 2024, crucial for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: low — This filing is a standard annual report and does not contain immediate red flags or significant new risks.

Key Numbers

• 001-37470 — Commission File Number (Identifies the specific SEC filing)
• 61-1678417 — I.R.S. Employer Identification No. (Tax identification number for the company)

Key Players & Entities

• TransUnion (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• TRU (ticker) — Common Stock trading symbol
• New York Stock Exchange (company) — Exchange where common stock is registered
• December 31, 2024 (date) — Fiscal year end date

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share TRU New York Stock Exchange

Filing Documents

• tru-20241231.htm (10-K) — 3138KB
• transunion-amendmentno24ed.htm (EX-10.12) — 2870KB
• exhibit191insidertrading.htm (EX-19.1) — 35KB
• exhibit21subsidiarieslist2.htm (EX-21) — 86KB
• exhibit231-pwcconsent.htm (EX-23.1) — 2KB
• exhibit311ceocert20241231.htm (EX-31.1) — 8KB
• exhibit312cfocert20241231.htm (EX-31.2) — 8KB
• exhibit3220241231ceocfocert.htm (EX-32) — 5KB
• exhibit191insidertrading001.jpg (GRAPHIC) — 243KB
• exhibit191insidertrading002.jpg (GRAPHIC) — 228KB
• exhibit191insidertrading003.jpg (GRAPHIC) — 248KB
• exhibit191insidertrading004.jpg (GRAPHIC) — 196KB
• exhibit191insidertrading005.jpg (GRAPHIC) — 254KB
• exhibit191insidertrading006.jpg (GRAPHIC) — 226KB
• exhibit191insidertrading007.jpg (GRAPHIC) — 248KB
• exhibit191insidertrading008.jpg (GRAPHIC) — 254KB
• exhibit191insidertrading009.jpg (GRAPHIC) — 245KB
• exhibit191insidertrading010.jpg (GRAPHIC) — 226KB
• exhibit191insidertrading011.jpg (GRAPHIC) — 209KB
• tru-20241231_g1.jpg (GRAPHIC) — 508KB
• 0001552033-25-000015.txt ( ) — 23153KB
• tru-20241231.xsd (EX-101.SCH) — 87KB
• tru-20241231_cal.xml (EX-101.CAL) — 155KB
• tru-20241231_def.xml (EX-101.DEF) — 563KB
• tru-20241231_lab.xml (EX-101.LAB) — 1119KB
• tru-20241231_pre.xml (EX-101.PRE) — 914KB
• tru-20241231_htm.xml (XML) — 2112KB

RISK FACTORS

ITEM 1A. RISK FACTORS 20

UNRESOLVED STAFF COMMENTS

ITEM 1B. UNRESOLVED STAFF COMMENTS 39

CYBERSECURITY

ITEM 1C. CYBERSECURITY 39

PROPERTIES

ITEM 2. PROPERTIES 40

LEGAL PROCEEDINGS

ITEM 3. LEGAL PROCEEDINGS 40

MINE SAFETY DISCLOSURES

ITEM 4. MINE SAFETY DISCLOSURES 40 INFORMATION ABOUT OUR EXECUTIVE OFFICERS 41 PART II 44 ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 44

RESERVED

ITEM 6. RESERVED 45

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 46

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 76

FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 77 Consolidated Balance Sheets 80 Consolidated Statements of Operations 81 Consolidated Statements of Comprehensive Income (Loss) 82 Consolidated Statements of Cash Flows 83 Consolidated Statements of Stockholders' Equity 84

Notes to Consolidated Financial Statements

Notes to Consolidated Financial Statements 87

CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 118

CONTROLS AND PROCEDURES

ITEM 9A. CONTROLS AND PROCEDURES 118

OTHER INFORMATION

ITEM 9B. OTHER INFORMATION 119

. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

ITEM 9C . DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 119 PART III 120

DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 120

EXECUTIVE COMPENSATION

ITEM 11. EXECUTIVE COMPENSATION 120

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 120

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 120

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 120

PRINCIPAL ACCOUNT ING FEES AND SERVICES

ITEM 14. PRINCIPAL ACCOUNT ING FEES AND SERVICES 121 PART IV 122

EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 122

FORM 10-K SUMMARY 126

ITEM 16. FORM 10-K SUMMARY 126 Cautionary Notice Regarding Forward-Looking Statements This Annual Report on Form 10-K, including the exhibits hereto, contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of TransUnion's management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Any statements made in this report that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plans and strategies. These statements often include words such as "anticipate," "expect," "guidance," "suggest," "plan," "believe," "intend," "estimate," "target," "project," "should," "could," "would," "may," "will," "forecast," "outlook," "potential," "continues," "seeks," "predicts," or the negatives of these words and other similar expressions. Factors that could cause actual results to differ materially from those described in the forward-looking statements, or that could materiall y affect our financial results or such forward-looking statements include: macroeconomic effects and changes in market conditions, including the impact of inflation, risk of recession, and industry trends and adverse developments in the debt, consumer credit and financial services markets, including the impact on the carrying value of our assets in all of the markets where we operate; our ability to provide competitive services and prices; our ability to retain or renew existing agreements with large or long-term customers; our ability to maintain the security and integrity of our data; our ability to deliver services timely without interruption; our ability to maint

BUSINESS

ITEM 1 BUSINESS Overview TransUnion is a leading global information and insights company that makes trust possible between businesses and consumers, helping people around the world access opportunities that can lead to a higher quality of life. That trust is built on TransUnion's ability to deliver safe, innovative solutions with credibility and consistency. We call this Information for Good. We have built robust data and analytics assets for a large portion of the adult population in the markets we serve. We use our OneTru solution enabled platform to connect these disparate data assets and concentrate them on a single, layered and unified environment, enabling more persistent identity resolution with sharper, more contextualized insights. We use these insights, combined with our industry expertise, to develop impactful solutions to solve customers' needs, including credit risk, marketing and fraud mitigation. Because of our work, customers can better understand consumers in order to make more informed decisions, and earn consumer trust through great, personalized experiences, and the proactive extension of the right opportunities, tools and offers. In turn, we believe consumers can be confident that their data identities will result in better offers and opportunities. Our solutions enable businesses to manage and measure credit risk, market to new and existing customers, verify consumer identities, and mitigate fraud. Businesses embed our solutions into their workflows to deliver critical insights and enable effective actions. We have deep domain expertise across a number of attractive industries, which we also refer to as verticals, including our Financial Services and Emerging Verticals, which includes Insurance, Technology, Retail and E-Commerce, Telecommunications, Media , Tenant & Employment Screening, Collections and Publi c Sector. Consumers use our solutions to view their credit profiles, access analytical tools that help them understand and manage the

View Full Filing

View this 10-K filing on SEC EDGAR