Core Insights - Experian has been recognized as a winner of the 2026 HousingWire Tech100 Mortgage award for its product, Experian Self-Service Prescreen [1] Company Summary - Experian's Self-Service Prescreen has been acknowledged for its innovation and contribution to the mortgage technology sector [1]

Core Insights - Experian has launched the Experian Insurance Marketplace app on ChatGPT, indicating a strategic move to integrate advanced AI technology into its services [1] Company Developments - The introduction of the Experian Insurance Marketplace app signifies the company's commitment to leveraging AI for enhancing customer experience in the insurance sector [1]

Financial Data and Key Metrics Changes - Total revenues increased by 12% organically, with the US market growing by 16%, marking one of the strongest performances since 2021 [9][30] - Adjusted diluted EPS grew by 10% in the quarter, or 14% when excluding the impact from the tax rate reset [9] - Adjusted EBITDA increased by 10%, with an adjusted EBITDA margin of 35.6% [30] Business Line Data and Key Metrics Changes - In the U.S., financial services revenue grew by 19%, or 11% excluding mortgage, with double-digit growth in mortgage, consumer lending, and auto [10][31] - Emerging verticals accelerated from 7% growth in Q3 to 16% in Q4, with strong performance across insurance, media, tenant and employment screening, tech, retail, and e-commerce [10][32] - Credit solutions grew by 13%, driven by U.S. non-mortgage volumes, while marketing solutions saw a growth acceleration from flat in 2024 to 7% in 2025 [15][16] Market Data and Key Metrics Changes - Internationally, revenue grew by 2% on an organic constant currency basis, with Canada and the U.K. both achieving double-digit growth [11][34] - India experienced a revenue decline of 4% in Q4, attributed to a reset year for unsecured lending and credit card originations [11][37] - The U.K. business grew by 10%, and Canada grew by 13%, reflecting strong performance from banking and fintech customers [34] Company Strategy and Development Direction - The company aims to build on its momentum and drive innovation-led growth, with a focus on launching new AI-powered solutions [20][21] - The strategic focus for 2026 includes enhancing product predictiveness and capturing more value within customer workflows [20] - The company completed its transformation investment program, which is expected to yield full target savings in 2026 [19][41] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving high single-digit revenue growth and double-digit adjusted EPS growth for 2026, assuming stable business conditions [19][55] - The company anticipates a gradual recovery in international markets and modest U.S. lending growth [19][42] - Management highlighted the importance of AI in driving growth and improving operational efficiency, positioning the company advantageously in the market [22][28] Other Important Information - The company repurchased approximately $150 million in shares during the quarter, totaling $300 million for 2025, and raised its quarterly dividend by 9% to $0.125 per share [9][40] - The acquisition of Monevo and majority ownership of TransUnion de México were completed, expanding the company's global reach [14][40] Q&A Session Questions and Answers Question: U.S. emerging vertical guidance - Management acknowledged strong growth in emerging verticals and emphasized a prudent conservative approach to guidance, setting the stage for potential outperformance [60][62] Question: Differentiation in marketing and fraud - Management highlighted the unique identity data assets and resolution capabilities that set the company apart from competitors, emphasizing the proprietary nature of their data [71][73]

Financial Data and Key Metrics Changes - Total revenues increased by 12% organically, with the U.S. market growing by 16%, marking one of the strongest performances since 2021 [9][30] - Adjusted diluted EPS grew by 10% in the quarter, or 14% when excluding the impact from the tax rate reset [9] - Adjusted EBITDA increased by 10%, with an adjusted EBITDA margin of 35.6% [30] Business Line Data and Key Metrics Changes - U.S. Financial Services revenue grew by 19%, or 11% excluding mortgage, with double-digit growth in Consumer Lending and Auto [10][31] - Emerging Verticals accelerated growth from 7% in Q3 to 16% in Q4, with double-digit growth across Insurance, Media, Tenant and Employment Screening, Tech, Retail, and E-commerce [10] - Credit Solutions grew by 13%, driven by U.S. non-mortgage volumes, while Marketing Solutions saw a growth acceleration from flat in 2024 to 7% in 2025 [15][16] Market Data and Key Metrics Changes - International revenue grew by 2% on an organic constant currency basis, with Canada and the U.K. both achieving double-digit growth [11][34] - India experienced a revenue decline of 4% in Q4, attributed to a reset year for unsecured lending and credit card originations [11][37] - Latin America declined by 3% due to softer economic conditions, while Asia Pacific saw an 11% decline [36] Company Strategy and Development Direction - The company aims to build on its momentum and drive innovation-led growth, with a focus on launching new AI-powered solutions [20][21] - The strategic focus for 2026 includes enhancing product predictiveness and capturing more value within customer workflows [20] - The company plans to expand its offerings in India, leveraging favorable economic and demographic trends [39][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving high single-digit revenue growth and double-digit adjusted EPS growth for 2026, assuming stable business conditions [19][54] - The company anticipates a gradual recovery in international markets and modest U.S. lending growth [19][54] - Management highlighted the importance of AI in driving growth and improving internal processes, positioning the company advantageously in the market [22][28] Other Important Information - The company repurchased approximately $150 million in shares during Q4, totaling $300 million for 2025, and raised its quarterly dividend by 9% to $0.125 per share [9][41] - The acquisition of Monevo and majority ownership of TransUnion de México were highlighted as strategic moves to enhance growth [14][41] - The transformation investment program was completed on schedule and budget, expected to deliver significant cost savings and operational efficiencies [42][43] Q&A Session Summary Question: U.S. emerging vertical guidance - Management acknowledged strong growth in emerging verticals and emphasized a conservative approach to guidance, aiming for beats and raises throughout the year [60][62] Question: Differentiation in Marketing and Fraud - Management highlighted the proprietary identity data assets and resolution capabilities as key differentiators, emphasizing the challenges competitors face in accessing similar data [70][72]

Fourth Quarter 2025 Earnings February 12, 2026 Chris Cartwright, President and CEO Todd Cello, CFO This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of TransUnion's management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Factors that could cause TransUnion's ac ...

Core Insights - TransUnion reported strong financial results for Q4 and full-year 2025, exceeding financial guidance with a revenue growth of 13% for the quarter and 9% for the year [2][4][9]. Financial Performance - Q4 2025 total revenue was $1,171 million, a 13% increase compared to Q4 2024 [2]. - Full-year 2025 revenue reached $4,576 million, reflecting a 9% increase from 2024 [9]. - Adjusted EBITDA for Q4 2025 was $417 million, a 10% increase from the same quarter in 2024 [7]. - Net income attributable to TransUnion for Q4 2025 was $101 million, up from $66 million in Q4 2024, with diluted earnings per share increasing to $0.52 from $0.34 [7][29]. Segment Performance - U.S. Markets revenue totaled $918.9 million in Q4 2025, growing 16% year-over-year, driven by Financial Services (19% growth) and Emerging Verticals (16% growth) [5][8]. - International revenue was $255.9 million, a 4% increase, with notable growth in the United Kingdom (22%) and Canada (13%), while Latin America and India experienced declines [8]. Shareholder Returns and Capital Management - The company repurchased approximately $150 million of shares in Q4 2025, totaling $300 million for the year [6]. - TransUnion raised its quarterly dividend to $0.125 per share from $0.115, effective Q4 2025 [6][13]. 2026 Outlook - The company anticipates revenue growth of 8% to 9% and adjusted diluted EPS growth of 8% to 10% for 2026, supported by stable trends and innovation [4][15]. - Initial guidance for Q1 2026 includes revenue expectations between $1,195 million and $1,205 million, reflecting a growth rate of 9% to 10% [16].

Core Viewpoint - The market anticipates TransUnion (TRU) will report a year-over-year increase in earnings driven by higher revenues for the quarter ending December 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - TransUnion is expected to post quarterly earnings of $1.03 per share, reflecting a year-over-year increase of +6.2% [3]. - Revenues are projected to reach $1.14 billion, marking a 9.7% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.47% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for TransUnion is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.61%, suggesting a bullish outlook from analysts [11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [9]. - Stocks with a positive Earnings ESP and a solid Zacks Rank have historically produced a positive surprise nearly 70% of the time [9]. Historical Performance - TransUnion has consistently beaten consensus EPS estimates, achieving this in the last four quarters [13]. - In the last reported quarter, TransUnion exceeded expectations by delivering earnings of $1.10 per share against an expected $1.04, resulting in a surprise of +5.77% [12]. Conclusion - TransUnion is positioned as a compelling candidate for an earnings beat, but investors should consider additional factors beyond earnings results when making investment decisions [16].

Financial Data and Key Metrics Changes - Equifax reported revenue of $6.075 billion for 2025, representing a 7% increase on both a reported and organic constant currency basis, aligning with the long-term growth framework of 7%-10% [5][12] - EPS for 2025 was $7.65 per share, with free cash flow reaching $1.13 billion and a cash conversion rate of 120%, significantly above the long-term target of 95% [5][12] - Fourth quarter revenue was $1.551 billion, up 9% and exceeding guidance by $30 million [14] Business Line Data and Key Metrics Changes - EWS (Workforce Solutions) achieved 6% revenue growth with EBITDA margins of 51.5%, while USIS (U.S. Information Solutions) delivered 10% revenue growth and expanded margins by 70 basis points to 35.2% [6][7] - Diversified markets revenue grew 5%, marking the highest organic growth in the non-mortgage space since 2021 [7] - International revenue grew by 6% in constant dollars, with EBITDA margins expanding nearly 100 basis points [8] Market Data and Key Metrics Changes - The U.S. mortgage market declined by 7%, negatively impacting Equifax's revenue growth by approximately 100 basis points [6] - Despite a weak hiring market, EWS saw strong performance in verification services, achieving over 10% growth in the fourth quarter [6][10] - International markets faced challenges, particularly in Canada and the UK, but Brazil showed strong growth with high single-digit increases [8][26] Company Strategy and Development Direction - Equifax is focusing on driving new product innovation, leveraging AI capabilities, and enhancing cloud infrastructure to support growth [9][30] - The company aims to maintain a strong return of capital to shareholders, with plans for significant share repurchases and dividends in 2026 [13][65] - The strategic priorities for 2028 emphasize the acceleration of AI usage to improve operational efficiencies and product offerings [63] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the commercial momentum and strong exit from 2025, anticipating continued growth in 2026 [12][62] - The company expects the U.S. mortgage market to decline slightly in 2026, but anticipates share gains from new product offerings [39][52] - Management highlighted the potential for significant revenue growth from the adoption of VantageScore in the mortgage market, which could enhance margins and EPS [46][48] Other Important Information - Equifax incurred a $30 million charge related to a settlement, which is expected to be reimbursed by insurers [3][4] - The company launched 100% of new models and scores powered by EFX.AI in 2025, demonstrating a commitment to AI-driven solutions [10][34] - Equifax's proprietary data accounts for about 90% of its revenue, providing a competitive advantage in the market [27][28] Q&A Session Summary Question: Can you elaborate on the AI initiatives and their impact on product development? - Management highlighted the Agentic AI platform's role in leveraging data advantages in employment and income, enhancing product offerings and operational efficiencies [66]

Group 1 - Equifax Inc. is identified as one of the best 52-week low stocks to invest in, with a Buy rating from Morgan Stanley and a price target of $269, and a similar Buy rating from RBC Capital with a price target of $250 [1][2] - Analyst Ashish Sabadra from RBC Capital sees long-term buying opportunities for credit bureau stocks despite regulatory concerns, noting that the fundamentals of the sector remain strong through 2026 [2][3] - RBC Capital projects Equifax to achieve 6% to 8% revenue growth and 8% to 11% adjusted EBITDA growth in 2026, supported by strong mortgage inquiries and steady lending [3] Group 2 - Equifax Inc. operates as a global data, analytics, and technology company, primarily providing credit reporting, identity management, and workforce verification services [4]

Core Insights - Paying off student loans can lead to a temporary dip in credit scores, but the long-term financial benefits outweigh this concern [1][7] - Credit scores are influenced by factors such as payment history and amounts owed, which remain unaffected by early loan repayment [6] Group 1: Credit Score Impact - Paying off a student loan results in account closure, which alters credit mix and reduces the average age of active accounts [3][4] - The change in credit score is usually minor and temporary, with accounts in good standing remaining on credit reports for up to ten years [5] - The most significant factors affecting credit scores, such as payment history, are preserved even after loan repayment [6] Group 2: Benefits of Paying Off Loans - Eliminating student loans improves monthly cash flow and reduces future interest payments, potentially saving thousands [8] - Paying off loans lowers the debt-to-income ratio, which is crucial for obtaining mortgages or refinancing [8] - Reducing debt alleviates financial stress and simplifies overall financial management [8]