TransUnion
TRU · NYSEServices-Consumer Credit Reporting, Collection Agencies · Fiscal year ends Dec 31
TransUnion reported revenue of $4.6B in the fiscal year ended Dec 2025, up 9.4% from the year before. Operating income was $858M, an operating margin of 18.7%, and net income was $455M. Operating cash flow of $988M less capital expenditure of $326M left free cash flow of $662M. Net debt was $4.3B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | $3B | $3.7B | $3.8B | $4.2B | $4.6B |
| Selling, general & admin | $909M | $1.2B | $1.2B | $1.2B | $1.3B |
| Operating income | $652M | $626M | $129M | $667M | $858M |
| Interest expense | $113M | $231M | $288M | $265M | $236M |
| Pre-tax income | $506M | $383M | −$145M | $401M | $643M |
| Income tax | $132M | $119M | $45M | $99M | $173M |
| Net income | $1.4B | $266M | −$206M | $284M | $455M |
| Diluted EPS | 7.20 | 1.38 | −1.07 | 1.45 | 2.32 |
| Diluted shares | 193M | 193M | 193M | 197M | 197M |
Balance sheet
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.8B | $585M | $476M | $680M | $854M |
| Receivables | $558M | $602M | $723M | $799M | $905M |
| Current assets | $2.6B | $1.5B | $1.5B | $1.8B | $2B |
| Net PP&E | $248M | $218M | $199M | $204M | $258M |
| Goodwill | $5.5B | $5.6B | $5.2B | $5.1B | $5.3B |
| Total assets | $12.6B | $11.7B | $11.1B | $11B | $11.1B |
| Deferred revenue | $134M | $112M | $125M | $134M | $130M |
| Current liabilities | $1.4B | $906M | $1B | $1.1B | $1.2B |
| Short-term debt | $115M | $115M | $90M | $71M | $197M |
| Long-term debt | $6.3B | $5.6B | $5.3B | $5.1B | $4.9B |
| Total liabilities | $8.6B | $7.4B | $7B | $6.7B | $6.6B |
| Shareholders' equity | $3.9B | $4.2B | $4B | $4.2B | $4.4B |
| Backlog (remaining obligations) | – | – | $690M | $800M | $790M |
Cash flow
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | $808M | $297M | $645M | $833M | $988M |
| Capital expenditure | $224M | $298M | $311M | $316M | $326M |
| Free cash flow | $584M | −$1M | $335M | $517M | $662M |
| Depreciation & amortisation | $377M | $519M | $524M | $538M | $575M |
| Stock-based compensation | $69M | $83M | $100M | $121M | $146M |
| Share buybacks | – | – | $0 | $0 | $302M |
| Dividends paid | $70M | $78M | $82M | $83M | $91M |
| Dividend per share | – | 0.40 | 0.42 | 0.42 | 0.46 |
Key ratios
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 25.3% | 3.3% | 9.2% | 9.4% |
| Operating income growth (YoY) | – | −3.9% | −79.5% | 418.8% | 28.7% |
| EPS growth (YoY) | – | −80.8% | −177.5% | – | 60.0% |
| Operating margin | 22.0% | 16.9% | 3.4% | 15.9% | 18.7% |
| Net margin | 47.0% | 7.2% | −5.4% | 6.8% | 10.0% |
| Return on equityBlank when equity is negative | 35.6% | 6.4% | −5.1% | 6.7% | 10.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 5.8% | 5.8% | 1.3% | 6.7% | 8.6% |
| Free cash flow margin | 19.7% | −0.0% | 8.7% | 12.4% | 14.5% |
| Cash conversion (CFO ÷ net income) | 0.58x | 1.12x | −3.13x | 2.93x | 2.17x |
| Receivable days | 69 | 59 | 69 | 70 | 72 |
| Interest cover | 5.79x | 2.71x | 0.45x | 2.51x | 3.64x |
| Debt ÷ equity | 1.63x | 1.36x | 1.33x | 1.22x | 1.15x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $4.5B | $5.1B | $4.9B | $4.5B | $4.3B |
| Current ratio | 1.94x | 1.60x | 1.47x | 1.70x | 1.75x |
Recent filings
More in Services-Consumer Credit Reporting, Collection Agencies
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.