One-glance verdict
Within fair range
$43.58 our estimate vs market $37.40
Wall Street consensus: $44.67 (2.5% higher than our fair-value estimate)
14% below our estimate
Fundamentals snapshot
Experian plc
EXPGY · OQX · Industrials · Consulting Services
Current price
$37.40
52-week range
$32.25 - $52.64
Market cap
$33.01B
Balance sheet
Watch
9.01x Adequate
Net debt $5.26B. Interest coverage shows how many times profit covers the interest bill.
What stands out
3 Rewards
2 Risks
3 rewards · 2 risks
- Reward Revenue grew 12.3% last year.
- Reward Returns 28.3% on equity, ahead of 50% of its peers.
- Risk Net debt grew 34.2% over 3 years.
- Risk Insider ownership is only 0.0% (peer median: 0.6%).
What this company does
Experian plc
Experian is one of the main companies that creates credit reports and scores, which are summaries of how you've handled borrowing money in the past. It makes most of its money by selling this data to businesses like banks and credit card companies to help them decide whether to approve loans. The company also earns revenue by selling services like credit monitoring and identity theft protection directly to individuals.
How the company got here
Experian's origins trace back to merchants in the 1800s sharing information on customers who didn't pay their debts. The modern company was formed in 1996 when a British retail conglomerate, GUS, merged its credit information business with a large U.S. credit bureau it had acquired. A major turning point was its separation from GUS in 2006 to become an independent company listed on the London Stock Exchange. Another key move was acquiring a controlling stake in Serasa, Brazil's largest credit bureau, in 2007, which gave Experian a strong foothold in Latin America. Over time, it has evolved from a traditional credit reporting agency into a broader data and technology company by acquiring businesses in areas like fraud prevention and healthcare data.
What it actually does
Experian is best known as one of the major credit bureaus, which are like libraries of financial information about people and businesses. They collect data on how you pay your bills, how much you owe, and how you use credit. Lenders, like banks and credit card companies, pay Experian to see this information in the form of a credit report and score to help them decide whether to lend you money. Beyond just credit reports, Experian also sells software and tools that help businesses prevent fraud, market to new customers, and make automated decisions. For individuals, Experian offers services to help people check their own credit, protect their identity, and even find personalized offers for loans and credit cards.
Business-to-Business (B2B)
This is Experian's largest business area, making up the majority of its revenue (the total money a company brings in from sales). It serves other companies in industries like banking, healthcare, and automotive. Businesses pay Experian for access to its vast databases of consumer and business information to make better decisions, such as whether to approve a loan, prevent fraud, or target marketing campaigns. This segment also sells sophisticated software and analytics (the process of finding patterns in data) that get built directly into their clients' own systems to automate these decisions.
Consumer Services
This part of the business offers services directly to you, the individual. It provides free access to your credit report and score, along with tools to help you understand and improve your financial health. Experian makes money in this segment through premium subscriptions for more detailed credit monitoring and identity theft protection. It also earns revenue by creating a marketplace where you can shop for financial products like credit cards and loans that you are likely to be approved for, with Experian getting a fee from the lender if you sign up.
What management is betting on now
Experian's leadership is focused on moving beyond just providing data to becoming a deeper part of its clients' operations through software and artificial intelligence. A major priority is expanding its fraud and identity verification services, which are in high demand as business becomes more digital. They are also heavily investing in their Consumer Services to become a kind of financial co-pilot for individuals, helping them manage all aspects of their finances in one place. The company continues to make strategic acquisitions (buying other companies) to enter new markets and gain new technologies, particularly in areas like digital identity and analytics.
Price history
How the share price has moved
—
Loading price history…
Is it cheap or expensive?
Fair value $43.58 vs current price $37.40
Wall Street consensus is the average analyst price target: $44.67 (2.5% higher than our fair-value estimate).
Our most-likely fair value is $43.58 a share — about 16.5% away from today's price of $37.40, so the stock currently looks fairly priced.
Is it drowning in debt?
Watch
Net debt $5.3B. Interest coverage 9.0x.
Net debt
$5.26B
Interest coverage
9.01x
Experian plc's profit covers its interest bill about 9.0 times over. which is stronger than most peers shown here.
Watch
Worse cushion
Baseline
Better cushion
EXPGY
BASELINE
Experian plc
Total debt $5.60B Interest coverage 9.01x This is the baseline the peer rows are being compared against.
Total debt $5.47B Interest coverage 5.16x -43% vs EXPGY Carries about 1.7x less debt cushion than EXPGY.
Total debt $5.66B Interest coverage 3.67x -59% vs EXPGY Carries about 2.5x less debt cushion than EXPGY.
Total debt $5.60B Interest coverage 7.00x -22% vs EXPGY Carries about 1.3x less debt cushion than EXPGY.
Total debt $4.62B Interest coverage 7.86x -13% vs EXPGY Has roughly the same debt cushion as EXPGY.
Total debt $7.62B Interest coverage 12.32x +37% vs EXPGY Carries about 1.4x more debt cushion than EXPGY.
What you should know
The case for and against EXPGY
3 Rewards
2 Risks
Rewards
-
Revenue grew 12.3% last year.
-
Returns 28.3% on equity, ahead of 50% of its peers.
-
Free cash flow was positive in 4/10 years.
Risks
-
Net debt grew 34.2% over 3 years.
-
Insider ownership is only 0.0% (peer median: 0.6%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
22.94x
Forward P/E
16.37x
P/B
6.07x
P/S
3.91x
EV/EBITDA
15.47x
PEG ratio
1.32x
Profitability
How much profit each dollar creates
Gross margin
42.0%
Operating margin
25.0%
Net margin
17.8%
ROE
28.3%
ROA
9.7%
Health
Liquidity and balance-sheet strength
Debt / equity
1.00x
Current ratio
0.85x
Quick ratio
0.85x
Total debt
$5.60B
Total cash
$337.00M
Growth
How the business has been compounding
Revenue TTM
$8.45B
Revenue 5Y CAGR
8.5%
EPS TTM
1.63
EPS 5Y CAGR
25.0%
Cash flow
How much cash the business throws off
Operating CF TTM
$2.24B
Free CF TTM
$1.51B
FCF margin
17.9%
Dividend
Shareholder payout
Yield
1.8%
Payout ratio
39.5%
Last ex-div date
2026-06-26