TRU TransUnion

Overview and Growth

Fiscal 2025 results for TransUnion combined $4.58B of revenue with net income of $455.40M and an operating cash inflow of $987.60M. At $4.58B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $4.18B in fiscal 2024, revenue recorded a 9.4% year-over-year increase. The company reported diluted EPS of $2.32, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS increased by 60.0% from $1.45 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. The revenue-to-assets relationship was 0.41x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Operating income was $857.80M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Relative to revenue, operating income represented 18.7%, showing how efficiently sales converted into operating profit. Net income came to $455.40M, completing the progression from revenue through gross and operating profitability to the final reported result. Net margin was 10.0%, meaning that this portion of revenue remained as net income after all recognized expenses. Before income taxes, the company reported $643.00M of earnings, providing a bridge between the operating result and final net income. Measured against revenue, pretax income equaled 14.1%, adding a pre-tax profitability layer between revenue and net income. The company recognized $173.10M of income tax for the period, completing the transition from pretax income to net income. The income-tax provision equaled 26.9% of pretax income, showing the tax burden absorbed by the year’s earnings. Net income equaled 10.0% of period-end equity, showing the earnings generated on shareholders’ book capital. Return on period-end assets was 4.1%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

At period end, the $11.11B asset base was financed through $6.57B of liabilities and $4.55B of equity. Current assets were $2.02B against $1.15B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 1.75x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $853.60M in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 73.9% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Borrowings totaled $5.30B, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 1.17x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 47.7%, showing how much of the asset base was matched by borrowing. Liabilities represented 59.1% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 7.7% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 1.2% higher than fiscal 2024 assets of $10.98B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

The company reported $987.60M of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 2.17x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $326.00M of capital expenditures, the investment amount considered after operating cash generation. Capital spending absorbed 33.0% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $661.60M of positive free cash flow for the period. The free-cash-flow margin was 14.5%, measuring cash remaining after capital spending against revenue. The free-cash-flow-to-assets relationship was 6.0%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.