Equifax Debt-to-Equity Ratio Growth & History (EFX)
Equifax's debt-to-equity ratio was 1.11 for fiscal 2025.
View full Equifax company overviewEquifax annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.11 | 0.06 | +5.90% |
| 2024 | 2024-12-31 | 1.04 | −0.22 | −17.08% |
| 2023 | 2023-12-31 | 1.26 | −0.20 | −13.89% |
| 2022 | 2022-12-31 | 1.46 | −0.01 | −0.98% |
| 2021 | 2021-12-31 | 1.48 | 0.10 | +6.90% |
| 2020 | 2020-12-31 | 1.38 | 0.07 | +5.34% |
| 2019 | 2019-12-31 | 1.31 | 0.46 | +54.69% |
| 2018 | 2018-12-31 | 0.85 | −0.00 | −0.46% |
| 2017 | 2017-12-31 | 0.85 | −0.15 | −15.11% |
| 2016 | 2016-12-31 | 1.00 | 0.49 | +95.26% |
| 2015 | 2015-12-31 | 0.51 | −0.18 | −25.91% |
| 2014 | 2014-12-31 | 0.69 | 0.07 | +10.67% |
| 2013 | 2013-12-31 | 0.63 | −0.27 | −29.99% |
| 2012 | 2012-12-31 | 0.90 | 0.30 | +50.42% |
| 2011 | 2011-12-31 | 0.60 | 0.00 | +0.71% |
| 2010 | 2010-12-31 | 0.59 | −0.16 | −21.35% |
| 2009 | 2009-12-31 | 0.75 | — | — |
Equifax quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.25 | 0.29 | +30.05% |
| Q1 2026 | 2026-03-31 | 1.17 | 0.17 | +17.30% |
| Q4 2025 | 2025-12-31 | 1.11 | 0.06 | +5.90% |
| Q3 2025 | 2025-09-30 | 0.97 | −0.14 | −12.56% |
| Q2 2025 | 2025-06-30 | 0.96 | −0.21 | −18.24% |
| Q1 2025 | 2025-03-31 | 1.00 | −0.24 | −19.19% |
| Q4 2024 | 2024-12-31 | 1.04 | −0.22 | −17.08% |
| Q3 2024 | 2024-09-30 | 1.11 | −0.28 | −20.26% |
| Q2 2024 | 2024-06-30 | 1.17 | −0.18 | −13.26% |
| Q1 2024 | 2024-03-31 | 1.23 | −0.19 | −13.63% |
| Q4 2023 | 2023-12-31 | 1.26 | −0.20 | −13.89% |
| Q3 2023 | 2023-09-30 | 1.40 | −0.17 | −10.67% |
| Q2 2023 | 2023-06-30 | 1.35 | −0.14 | −9.42% |
| Q1 2023 | 2023-03-31 | 1.43 | −0.09 | −5.84% |
| Q4 2022 | 2022-12-31 | 1.46 | −0.01 | −0.98% |
| Q3 2022 | 2022-09-30 | 1.56 | 0.02 | +1.25% |
| Q2 2022 | 2022-06-30 | 1.49 | 0.37 | +33.20% |
| Q1 2022 | 2022-03-31 | 1.52 | 0.20 | +14.88% |
| Q4 2021 | 2021-12-31 | 1.48 | 0.10 | +6.90% |
| Q3 2021 | 2021-09-30 | 1.55 | 0.05 | +3.42% |
| Q2 2021 | 2021-06-30 | 1.12 | −0.50 | −30.94% |
| Q1 2021 | 2021-03-31 | 1.32 | −0.15 | −10.21% |
| Q4 2020 | 2020-12-31 | 1.38 | 0.07 | +5.34% |
| Q3 2020 | 2020-09-30 | 1.49 | 0.22 | +17.25% |
| Q2 2020 | 2020-06-30 | 1.62 | 0.50 | +44.16% |
| Q1 2020 | 2020-03-31 | 1.47 | 0.41 | +38.11% |
| Q4 2019 | 2019-12-31 | 1.31 | 0.46 | +54.69% |
| Q3 2019 | 2019-09-30 | 1.27 | 0.45 | +54.19% |
| Q2 2019 | 2019-06-30 | 1.13 | 0.31 | +37.93% |
| Q1 2019 | 2019-03-31 | 1.06 | 0.26 | +32.62% |
| Q4 2018 | 2018-12-31 | 0.85 | −0.00 | −0.46% |
| Q3 2018 | 2018-09-30 | 0.83 | −0.05 | −5.30% |
| Q2 2018 | 2018-06-30 | 0.82 | −0.12 | −12.87% |
| Q1 2018 | 2018-03-31 | 0.80 | −0.12 | −13.16% |
| Q4 2017 | 2017-12-31 | 0.85 | −0.15 | −15.11% |
| Q3 2017 | 2017-09-30 | 0.87 | −0.16 | −15.68% |
| Q2 2017 | 2017-06-30 | 0.94 | −0.22 | −19.12% |
| Q1 2017 | 2017-03-31 | 0.92 | −0.31 | −25.10% |
| Q4 2016 | 2016-12-31 | 1.00 | 0.49 | +95.26% |
| Q3 2016 | 2016-09-30 | 1.04 | 0.44 | +73.07% |
| Q2 2016 | 2016-06-30 | 1.16 | 0.48 | +69.68% |
| Q1 2016 | 2016-03-31 | 1.23 | 0.52 | +73.94% |
| Q4 2015 | 2015-12-31 | 0.51 | −0.18 | −25.91% |
| Q3 2015 | 2015-09-30 | 0.60 | −0.07 | −10.19% |
| Q2 2015 | 2015-06-30 | 0.68 | 0.04 | +5.56% |
| Q1 2015 | 2015-03-31 | 0.71 | 0.02 | +2.25% |
| Q4 2014 | 2014-12-31 | 0.69 | 0.07 | +10.67% |
| Q3 2014 | 2014-09-30 | 0.67 | 0.00 | +0.27% |
| Q2 2014 | 2014-06-30 | 0.65 | −0.07 | −9.89% |
| Q1 2014 | 2014-03-31 | 0.69 | −0.11 | −13.68% |
| Q4 2013 | 2013-12-31 | 0.63 | −0.27 | −29.99% |
| Q3 2013 | 2013-09-30 | 0.66 | 0.14 | +27.52% |
| Q2 2013 | 2013-06-30 | 0.72 | 0.18 | +33.84% |
| Q1 2013 | 2013-03-31 | 0.80 | 0.26 | +47.48% |
| Q4 2012 | 2012-12-31 | 0.90 | 0.30 | +50.42% |
| Q3 2012 | 2012-09-30 | 0.52 | −0.07 | −11.15% |
| Q2 2012 | 2012-06-30 | 0.54 | −0.01 | −2.44% |
| Q1 2012 | 2012-03-31 | 0.54 | −0.04 | −6.05% |
| Q4 2011 | 2011-12-31 | 0.60 | 0.00 | +0.71% |
| Q3 2011 | 2011-09-30 | 0.59 | −0.00 | −0.39% |
| Q2 2011 | 2011-06-30 | 0.55 | −0.04 | −6.56% |
| Q1 2011 | 2011-03-31 | 0.58 | −0.02 | −3.50% |
| Q4 2010 | 2010-12-31 | 0.59 | −0.16 | −21.35% |
| Q3 2010 | 2010-09-30 | 0.59 | — | — |
| Q2 2010 | 2010-06-30 | 0.59 | — | — |
| Q1 2010 | 2010-03-31 | 0.60 | — | — |
| Q4 2009 | 2009-12-31 | 0.75 | — | — |
Equifax debt-to-equity ratio trends
Over the last five fiscal years, Equifax's debt-to-equity ratio decreased from 1.38 to 1.11, a change of −0.28. The latest reported quarter, Q2 2026, shows 1.25.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Equifax source filings ↗