艾可菲 2025年度报告

Indicate by check mark whether Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subjectto such filing requirements for the past 90days.☒Yes☐No Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of RegulationS-T during the preceding 12months (or for such shorter period that the Registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and“emerging growth company” in Rule12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firmthat prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issues financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant's executive officers during the relevant recovery period pursuant to§240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule12b-2 of the Act).☐Yes☒No As of June30, 2025, the aggregate market value of Registrant’s common stock held by non-affiliates of Registrant was approximately$32,108,903,494 based on the closing sale price as reported on the New York Stock Exchange. At January30, 2026, there were 120,269,998 shares ofRegistrant’s common stock outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of Registrant’s definitive proxy statement for its 2026 annual meeting of shareholders are incorporated by reference in PartIII ofthis Form 10-K. TABLE OF CONTENTS PagePART IItem 1.Business2Item 1A.Risk Factors14Item 1B.Unresolved Staff Comments25Item 1C.Cybersecurity25Item 2.Properties29Item 3.Legal Proceedings29Item 4.Mine Safety Disclosures29PART IIItem 5.Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities30Item 6.Reserved31Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations32Item 7A.Quantitative and Qualitative Disclosures About Market Risk52Item 8.Financial Statements and Supplementary Data54Item 9.Changes in and Disagreements with Accountants on Accounting and Financial Disclosure101Item 9A.Controls and Procedures101Item 9B.Other Information102PART IIIItem 10.Directors, Executive Officers and Corporate Governance103Item 11.Executive Compensation104Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters104Item 13.Certain Relationships and Related Transactions and Director Independence104Item 14.Principal Accountant Fees and Services105PART IV.Item 15.Exhibits and Financial Statement Schedules106Item 16.Form 10-K Summary110Signatures110 PART I ITEM 1.BUSINESS Overview Equifax Inc. is a global data, analytics and technology company. We provide information solutions for businesses,governments and consumers, and we provide human resources business process automation and outsourcing services for employers.We have a large and diversified group of clients, including financial institutions, corporations, government agencies and individuals.Our services are based on comprehensive databases of consumer and business information derived from numerous sources includingcredit, financial assets, telecommunications and utility payments, employment, income, educational history, criminal justice,healthcare professional licensure and sanctions, demographic and marketing data. We use advanced statistical techniques, artificialintelligence and machine learning, as well as proprietary software tools to analyze available data for the creation of customizedinsights, decision-making and process automation solutions, and processing services for our clients. We are a leading provider ofinformation and solutions used in payroll-related and human resource management business process