TransUnion Files Q3 2024 10-Q Report
Ticker: TRU · Form: 10-Q · Filed: Oct 23, 2024 · CIK: 1552033
| Field | Detail |
|---|---|
| Company | Transunion (TRU) |
| Form Type | 10-Q |
| Filed Date | Oct 23, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
TransUnion's Q3 2024 10-Q is in. Check financials.
AI Summary
TransUnion filed its 10-Q for the period ending September 30, 2024. The filing covers the third quarter of 2024 and provides financial details for the company. Key financial data and operational updates are presented within this report.
Why It Matters
This 10-Q filing provides investors and analysts with the latest financial performance and operational details of TransUnion for the third quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing (10-Q) and does not inherently present new risks.
Key Players & Entities
- TransUnion (company) — Filer of the 10-Q
- 20240930 (date) — End of the reporting period
- 20241023 (date) — Filing date
- 555 WEST ADAMS STREET (address) — Company's business and mailing address
- CHICAGO (location) — Company's city
- IL (location) — Company's state
- 60661 (zip_code) — Company's zip code
FAQ
What is the reporting period for this 10-Q filing?
The Conformed Period of Report is 20240930, indicating the filing covers the period ending September 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on 20241023.
What is TransUnion's primary business classification?
TransUnion's Standard Industrial Classification is SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320].
What is TransUnion's fiscal year end?
TransUnion's fiscal year ends on 1231.
What is the SEC file number for TransUnion?
The SEC File Number for TransUnion is 001-37470.
Filing Stats: 4,898 words · 20 min read · ~16 pages · Grade level 6.9 · Accepted 2024-10-23 16:15:29
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value TRU New York Stock Exchange
Filing Documents
- tru-20240930.htm (10-Q) — 2101KB
- exhibit101severanceandrest.htm (EX-10.1) — 105KB
- exhibit311ceocert20240930.htm (EX-31.1) — 8KB
- exhibit312cfocert09302024.htm (EX-31.2) — 8KB
- exhibit3209302024ceocfocert.htm (EX-32) — 5KB
- 0001552033-24-000075.txt ( ) — 9097KB
- tru-20240930.xsd (EX-101.SCH) — 49KB
- tru-20240930_cal.xml (EX-101.CAL) — 86KB
- tru-20240930_def.xml (EX-101.DEF) — 246KB
- tru-20240930_lab.xml (EX-101.LAB) — 646KB
- tru-20240930_pre.xml (EX-101.PRE) — 474KB
- tru-20240930_htm.xml (XML) — 1301KB
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION 4
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
ITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS 4 Consolidated Balance Sheets 4 Consolidated Statements of O perations 5 Consolidated Statements of Comprehensive Income (Loss) 6 Consolidated Statements of Cash Flows 7 Consolidated Statements of Stockholders' Equity 8 Notes to Unaudited Consolidated Financial Statements 10
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 29
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 54
CONTROLS AND PROCEDURES
ITEM 4. CONTROLS AND PROCEDURES 55
OTHER INFORMATION
PART II. OTHER INFORMATION 56
LEGAL PROCEEDINGS
ITEM 1. LEGAL PROCEEDINGS 56
RISK FACTORS
ITEM 1A. RISK FACTORS 56
UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 56
OTHER INFORMATION 56
ITEM 5. OTHER INFORMATION 56
EXHIBITS
ITEM 6. EXHIBITS 57
SIGNATURES
SIGNATURES 58 3 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
ITEM 1. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS TRANSUNION AND SUBSIDIARIES Consolidated Balance Sheets (Unaudited) (in millions, except per share data) September 30, 2024 December 31, 2023 Assets Current assets: Cash and cash equivalents $ 643.2 $ 476.2 Trade accounts receivable, net of allowance of $ 18.2 and $ 16.4 798.4 723.0 Other current assets 228.2 275.9 Total current assets 1,669.8 1,475.1 Property, plant and equipment, net of accumulated depreciation and amortization of $ 858.3 and $ 804.4 181.5 199.3 Goodwill 5,184.5 5,176.0 Other intangibles, net of accumulated amortization of $ 3,055.8 and $ 2,719.8 3,356.9 3,515.3 Other assets 661.1 739.4 Total assets $ 11,053.8 $ 11,105.1 Liabilities and stockholders' equity Current liabilities: Trade accounts payable $ 319.4 $ 251.3 Short-term debt and current portion of long-term debt 66.5 89.6 Other current liabilities 609.8 661.8 Total current liabilities 995.7 1,002.7 Long-term debt 5,134.9 5,250.8 Deferred taxes 481.8 592.9 Other liabilities 120.2 153.2 Total liabilities 6,732.6 6,999.6 Stockholders' equity: Common stock, $ 0.01 par value; 1.0 billion shares authorized at September 30, 2024 and December 31, 2023, 201.4 million and 200.0 million shares issued at September 30, 2024 and December 31, 2023, respectively, and 194.9 million and 193.8 million shares outstanding as of September 30, 2024 and December 31, 2023, respectively 2.0 2.0 Additional paid-in capital 2,524.3 2,412.9 Treasury stock at cost, 6.6 million and 6.2 million shares at September 30, 2024 and December 31, 2023, respectively ( 333.0 ) ( 302.9 ) Retained earnings 2,312.6 2,157.1 Accumulated other comprehensive loss ( 289.5 ) ( 260.9 ) Total TransUnion stockholders' equity 4,216.4 4,008.2 Noncontrolling interests 104.8 97.3 Total stockholders' equity 4,321.2 4,105.5 Total liabilities and stockholders' equity $ 11,053.8 $ 11,105.1 See accompanying notes to unaudited consolidated financial statement