Equifax (EFX) Tax Rate (2009 - 2026)
Equifax (EFX) recorded Tax Rate of 28.10% in Q3 2026, up 3.11 percentage points from 24.99% a year earlier and up 0.15 percentage points from the prior quarter.
Equifax (EFX) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Equifax's Tax Rate came in at 26.82% as of Sep 30, 2026, up 1.32 percentage points year-over-year; for FY2025, it came in at 25.77%, up 0.70 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +2.56 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 25.07% in FY2024 (+1.92 pp), 23.15% in FY2023 (-1.53 pp), 24.69% in FY2022 (+3.54 pp) and 21.14% in FY2021 (-2.06 pp).
- The Q3 2026 figure is the highest quarterly Tax Rate since Q4 2019.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +0.41 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 12.52 percentage points in Q3 2024, against a drop of 10.19 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.95% (Q2 2026), 26.51% (Q1 2026) and 24.26% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | S&P Global | 136.14 Bn | 125.99 Bn | 2.64 Bn | 24.93% |
| 2 | Moodys | 87.37 Bn | 80.29 Bn | 1.50 Bn | 23.97% |
| 3 | Msci | 46.53 Bn | 45.01 Bn | 739.80 Mn | 17.97% |
| 4 | Verisk Analytics | 25.76 Bn | 20.40 Bn | 572.90 Mn | 24.65% |
| 5 | Equifax | 21.57 Bn | 20.84 Bn | 940.10 Mn | 28.10% |
| 6 | TransUnion | 15.42 Bn | 12.11 Bn | - | 23.21% |
| 7 | Factset Research Systems | 11.51 Bn | 10.36 Bn | 308.40 Mn | 16.10% |
| 8 | Morningstar | 9.02 Bn | 6.91 Bn | 431.40 Mn | 25.20% |
| 9 | Mastercard | 571.76 Bn | 531.85 Bn | - | 19.39% |
| 10 | Cme | 109.34 Bn | 97.67 Bn | - | 23.46% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.10% |
| Jun 30, 2026 | 27.95% |
| Mar 31, 2026 | 26.51% |
| Dec 31, 2025 | 24.26% |
| Sep 30, 2025 | 24.99% |
| Jun 30, 2025 | 26.29% |
| Mar 31, 2025 | 27.83% |
| Dec 31, 2024 | 23.14% |
| Sep 30, 2024 | 26.37% |
| Jun 30, 2024 | 26.45% |
| Mar 31, 2024 | 24.31% |
| Dec 31, 2023 | 26.42% |
| Sep 30, 2023 | 13.84% |
| Jun 30, 2023 | 27.43% |
| Mar 31, 2023 | 25.43% |
| Dec 31, 2022 | 22.84% |
| Sep 30, 2022 | 24.03% |
| Jun 30, 2022 | 23.94% |
| Mar 31, 2022 | 26.66% |
| Dec 31, 2021 | 11.00% |
Equifax Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=EFX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "EFX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=EFX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();