Equifax Inc. Files 2023 Annual Report on Form 10-K

Ticker: EFX · Form: 10-K · Filed: 2024-02-22T00:00:00.000Z

Sentiment: neutral

Topics: Equifax, 10-K, Annual Report, Credit Reporting, Financials

TL;DR

<b>Equifax Inc. has filed its 2023 10-K annual report detailing its financial performance and business operations.</b>

AI Summary

EQUIFAX INC (EFX) filed a Annual Report (10-K) with the SEC on February 22, 2024. Equifax Inc. filed its annual report for the fiscal year ended December 31, 2023. The company's principal business address is 1550 Peachtree St NW, Atlanta, GA 30302. Equifax Inc. was formerly known as Retail Credit Co, with a name change date of February 22, 1976. The filing is a 10-K report under the Securities Exchange Act of 1934. The SIC code for Equifax Inc. is 7320, Services-Consumer Credit Reporting, Collection Agencies.

Why It Matters

For investors and stakeholders tracking EQUIFAX INC, this filing contains several important signals. This filing provides a comprehensive overview of Equifax's financial health and strategic direction for investors and stakeholders. As a key player in consumer credit reporting, Equifax's annual report offers insights into the broader economic landscape and data security trends.

Risk Assessment

Risk Level: — EQUIFAX INC shows moderate risk based on this filing. The company operates in the highly regulated credit reporting industry, facing potential risks from data breaches and evolving compliance requirements.

Analyst Insight

Investors should review the detailed financial statements and risk factors in the 10-K to assess Equifax's performance and future outlook.

Key Numbers

2023-12-31 — Fiscal Year End (Period of report)
2024-02-22 — Filing Date (Date filed)
1976-02-22 — Date of Name Change (Former company name)

Key Players & Entities

EQUIFAX INC (company) — Filer name
Retail Credit Co (company) — Former company name
1550 Peachtree St NW, Atlanta, GA 30302 (address) — Business address
7320 (industry_code) — Standard Industrial Classification
1934 Act (regulation) — SEC Act

FAQ

When did EQUIFAX INC file this 10-K?

EQUIFAX INC filed this Annual Report (10-K) with the SEC on February 22, 2024.

What is a 10-K filing?

A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by EQUIFAX INC (EFX).

Where can I read the original 10-K filing from EQUIFAX INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by EQUIFAX INC.

What are the key takeaways from EQUIFAX INC's 10-K?

EQUIFAX INC filed this 10-K on February 22, 2024. Key takeaways: Equifax Inc. filed its annual report for the fiscal year ended December 31, 2023.. The company's principal business address is 1550 Peachtree St NW, Atlanta, GA 30302.. Equifax Inc. was formerly known as Retail Credit Co, with a name change date of February 22, 1976..

Is EQUIFAX INC a risky investment based on this filing?

Based on this 10-K, EQUIFAX INC presents a moderate-risk profile. The company operates in the highly regulated credit reporting industry, facing potential risks from data breaches and evolving compliance requirements.

What should investors do after reading EQUIFAX INC's 10-K?

Investors should review the detailed financial statements and risk factors in the 10-K to assess Equifax's performance and future outlook. The overall sentiment from this filing is neutral.

Risk Factors

Regulatory Compliance [high — regulatory]: The company must comply with numerous laws and regulations related to data privacy, credit reporting, and consumer protection, which are subject to change.
Data Security and Privacy [high — operational]: The company's operations are highly dependent on the security of its systems and the privacy of consumer data, making it vulnerable to cyberattacks and data breaches.
Competition [medium — market]: The credit reporting industry is competitive, with potential for new entrants and evolving technologies impacting market share.

Key Dates

2023-12-31: Fiscal Year End — Marks the end of the reporting period for the 10-K.
2024-02-22: Filing Date — Date Equifax Inc. submitted its 10-K to the SEC.

Glossary

10-K: An annual report required by the U.S. Securities and Exchange Commission (SEC), which gives a comprehensive summary of a company's financial performance. (This is the primary document for investors to understand a company's financial health and operations over the past year.)
SIC Code: Standard Industrial Classification code, a four-digit code used to classify industries. (Helps categorize Equifax Inc. within the broader business landscape, specifically in consumer credit reporting.)

From the Filing

0000033185-24-000017.txt : 20240222 0000033185-24-000017.hdr.sgml : 20240222 20240222162017 ACCESSION NUMBER: 0000033185-24-000017 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 119 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQUIFAX INC CENTRAL INDEX KEY: 0000033185 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES [7320] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 580401110 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06605 FILM NUMBER: 24665129 BUSINESS ADDRESS: STREET 1: 1550 PEACHTREE ST NW CITY: ATLANTA STATE: GA ZIP: 30302 BUSINESS PHONE: 4048858000 MAIL ADDRESS: STREET 1: 1550 PEACHTREE ST NW CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: RETAIL CREDIT CO DATE OF NAME CHANGE: 19760222 10-K 1 efx-20231231.htm 10-K efx-20231231 false 2023 FY 0000033185 P3Y P3Y P3Y 1 2 2 P5Y P5Y Five four 19,000 one P1Y 378 0000033185 2023-01-01 2023-12-31 0000033185 2023-06-30 iso4217:USD 0000033185 2024-01-31 xbrli:shares 0000033185 2022-01-01 2022-12-31 0000033185 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0000033185 us-gaap:ParentMember 2023-01-01 2023-12-31 0000033185 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0000033185 us-gaap:ParentMember 2022-01-01 2022-12-31 0000033185 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0000033185 us-gaap:ParentMember 2021-01-01 2021-12-31 0000033185 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0000033185 2023-12-31 0000033185 2022-12-31 0000033185 2021-12-31 0000033185 2020-12-31 0000033185 us-gaap:CommonStockMember 2020-12-31 0000033185 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0000033185 us-gaap:RetainedEarningsMember 2020-12-31 0000033185 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0000033185 us-gaap:TreasuryStockCommonMember 2020-12-31 0000033185 us-gaap:TrustForBenefitOfEmployeesMember 2020-12-31 0000033185 us-gaap:NoncontrollingInterestMember 2020-12-31 0000033185 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0000033185 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0000033185 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0000033185 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0000033185 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0000033185 efx:CommonStockRepurchaseProgramMember 2021-01-01 2021-12-31 0000033185 us-gaap:CommonStockMember 2021-12-31 0000033185 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000033185 us-gaap:RetainedEarningsMember 2021-12-31 0000033185 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000033185 us-gaap:TreasuryStockCommonMember 2021-12-31 0000033185 us-gaap:TrustForBenefitOfEmployeesMember 2021-12-31 0000033185 us-gaap:NoncontrollingInterestMember 2021-12-31 0000033185 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000033185 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000033185 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000033185 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000033185 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0000033185 us-gaap:CommonStockMember 2022-12-31 0000033185 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000033185 us-gaap:RetainedEarningsMember 2022-12-31 0000033185 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000033185 us-gaap:TreasuryStockCommonMember 2022-12-31 0000033185 us-gaap:TrustForBenefitOfEmployeesMember 2022-12-31 0000033185 us-gaap:NoncontrollingInterestMember 2022-12-31 0000033185 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000033185 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0000033185 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000033185 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 00