{
 "company": "TransUnion",
 "ticker": "TRU",
 "sector": "Consulting Services",
 "fiscalYearEnd": null,
 "revenueUsdM": 4576.3,
 "normalizedSga": {
  "pctRevenue": 26.22,
  "peerCount": 10,
  "peerMedianPctRevenue": 20.4,
  "peerLeanQuartilePctRevenue": 18.0,
  "peers": [
   {
    "ticker": "EFX",
    "name": "Equifax Inc.",
    "normalizedSgaPctRevenue": 25.42
   },
   {
    "ticker": "FICO",
    "name": "Fair Isaac Corporation",
    "normalizedSgaPctRevenue": 24.28
   },
   {
    "ticker": "VRSK",
    "name": "Verisk Analytics, Inc.",
    "normalizedSgaPctRevenue": 13.27
   },
   {
    "ticker": "IT",
    "name": "Gartner, Inc.",
    "normalizedSgaPctRevenue": 47.21
   },
   {
    "ticker": "FCN",
    "name": "FTI Consulting, Inc.",
    "normalizedSgaPctRevenue": 20.4
   },
   {
    "ticker": "HURN",
    "name": "Huron Consulting Group Inc.",
    "normalizedSgaPctRevenue": 18.04
   },
   {
    "ticker": "ICFI",
    "name": "ICF International, Inc.",
    "normalizedSgaPctRevenue": 26.29
   },
   {
    "ticker": "BR",
    "name": "Broadridge Financial Solutions, Inc.",
    "normalizedSgaPctRevenue": 13.76
   },
   {
    "ticker": "CRAI",
    "name": "CRA International, Inc.",
    "normalizedSgaPctRevenue": 17.96
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "advertising",
   "label": "Advertising",
   "pctRevenue": 1.42,
   "companiesDisclosing": 6,
   "peersDisclosing": [
    {
     "ticker": "EFX",
     "pctRevenue": 1.15
    },
    {
     "ticker": "FICO",
     "pctRevenue": 1.49
    },
    {
     "ticker": "VRSK",
     "pctRevenue": 0.32
    },
    {
     "ticker": "FCN",
     "pctRevenue": 0.71
    },
    {
     "ticker": "HURN",
     "pctRevenue": 0.68
    }
   ],
   "note": "Behind only FICO. A brand-investment choice; advertising sits outside the normalized SG&A line, so it does not explain the Exhibit 2 gap."
  },
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 3.18,
   "companiesDisclosing": 9,
   "peersDisclosing": [
    {
     "ticker": "EFX",
     "pctRevenue": 1.29
    },
    {
     "ticker": "FICO",
     "pctRevenue": 7.87
    },
    {
     "ticker": "VRSK",
     "pctRevenue": 1.76
    },
    {
     "ticker": "IT",
     "pctRevenue": 2.4
    },
    {
     "ticker": "FCN",
     "pctRevenue": 1.04
    },
    {
     "ticker": "HURN",
     "pctRevenue": 2.74
    },
    {
     "ticker": "ICFI",
     "pctRevenue": 0.95
    },
    {
     "ticker": "CRAI",
     "pctRevenue": 0.78
    }
   ],
   "note": "Above the peer median; equity compensation adds to the overhead load."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 178,
   "bps": 388
  },
  "toLeanQuartile": {
   "usdM": 377,
   "bps": 824
  }
 },
 "tsrBridge": [
  {
   "label": "1 year",
   "span": "FY2024 to FY2025",
   "companyTsrPct": -7,
   "peerTsrPct": -8,
   "driverPp": {
    "Revenue growth": 4.9,
    "Gross margin": 5.8,
    "SG&A": 13.8,
    "Multiple": -25,
    "Other": 1.2
   }
  },
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": 54,
   "peerTsrPct": 63,
   "driverPp": {
    "Revenue growth": 4.4,
    "Gross margin": -12,
    "SG&A": 22.1,
    "Multiple": -20.4,
    "Other": -3.2
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": -11,
   "peerTsrPct": 115,
   "driverPp": {
    "Revenue growth": 33.7,
    "Gross margin": -48,
    "SG&A": 0.8,
    "Multiple": -81.8,
    "Other": -31.6
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 187,
   "peerTsrPct": 331,
   "driverPp": {
    "Revenue growth": 112.1,
    "Gross margin": -62.8,
    "SG&A": 14,
    "Multiple": -103.6,
    "Other": -103.8
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/TRU",
  "json": "https://sgabenchmarking.com/r/TRU.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}
