$EFX

Maybe the most important fact about Equifax $EFX The stock today is generating record-high Free Cash Flow at a time when mortgage inquiries are HALF of their historical average. If mortgage inquiries normalize over time, management has noted that it's super-high margin and almost all those extra credit pulls will fall to the bottom line, directly returned to investors through buybacks/dividends. If mortgage inquiries never return to historical averages, Equifax will continue to grow free cash flow to new all-time highs anyway with their workforce verification services. They are set up to win heads or tails.