Equifax Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	660.3	604.1	545.3	696.2	744.2
Depreciation & Amortization	726.9	680.6	619.8	568.6	489.6
Loss (Gain) From Sale of Assets	-	-	-	-	-4.8
Loss (Gain) From Sale of Investments	-1.2	-	-13.8	-36.8	63.6
Stock-Based Compensation	78.4	81.6	71.8	62.6	54.9
Other Operating Activities	34.2	-63.7	-63.8	92.1	13.6
Change in Accounts Receivable	-40.9	-66.3	-23.3	-138.6	-66.2
Change in Other Net Operating Assets	158	88.2	-19.2	-487	39.9
Operating Cash Flow	1,616	1,325	1,117	757.1	1,335
Operating Cash Flow Growth	21.99%	18.60%	47.51%	-43.28%	41.07%
Capital Expenditures	-481.4	-511.5	-601.3	-624.5	-469
Sale of Property, Plant & Equipment	-	-	-	-	4.9
Cash Acquisitions	-74.1	-	-283.8	-433.8	-2,936
Divestitures	1.2	-	6.9	98.8	1.5
Investing Cash Flow	-554.3	-511.5	-878.2	-959.5	-3,398
Short-Term Debt Issued	474.7	91.2	-	242.2	323.4
Long-Term Debt Issued	1.7	649.8	872.9	749.3	1,697
Total Debt Issued	476.4	741	872.9	991.5	2,021
Short-Term Debt Repaid	-	-	-371.2	-	-
Long-Term Debt Repaid	-400.2	-1,446	-579.3	-500	-1,100
Total Debt Repaid	-400.2	-1,446	-950.5	-500	-1,100
Net Debt Issued (Repaid)	76.2	-704.6	-77.6	491.5	920.3
Issuance of Common Stock	46.4	78.2	32.3	16.9	46.8
Repurchase of Common Stock	-942.5	-16.8	-17.3	-33.9	-127.2
Common Dividends Paid	-232.8	-193.2	-191.8	-191.1	-190
Other Financing Activities	-7	-10	-51.8	-9.7	-32.2
Financing Cash Flow	-1,060	-846.4	-306.2	273.7	617.7
Foreign Exchange Rate Adjustments	9.2	-13.5	-0.8	-10.8	-14.2
Net Cash Flow	10.9	-46.9	-68.4	60.5	-1,460
Free Cash Flow	1,134	813	515.5	132.6	865.8
Free Cash Flow Growth	39.52%	57.71%	288.76%	-84.69%	64.95%
Free Cash Flow Margin	18.67%	14.31%	9.79%	2.59%	17.58%
Free Cash Flow Per Share	9.14	6.51	4.16	1.07	7.00
Cash Interest Paid	-	214.9	231.5	161.7	139.7
Cash Income Tax Paid	-	268.1	203.2	152.4	192.3
Levered Free Cash Flow	1,045	760.91	496.89	-33.84	677.88
Unlevered Free Cash Flow	1,178	904.1	647.76	80.54	768.88
Change in Working Capital	117.1	21.9	-42.5	-625.6	-26.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.