On this page of StockholderLetter.com we present the latest annual shareholder letter from TransUnion — ticker symbol TRU. Reading current and past TRU letters to shareholders can bring important insights into the investment thesis.

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 • shareholder letter icon 3/21/2025 Letter Continued (Full PDF)
 • stockholder letter icon 3/23/2023 TRU Stockholder Letter
 • stockholder letter icon 3/21/2024 TRU Stockholder Letter
 • stockholder letter icon More "Business Services & Equipment" Category Stockholder Letters
 • Benford's Law Stocks icon TRU Benford's Law Stock Score = 95


TRU Shareholder/Stockholder Letter Transcript:


012213  5367  683  
931 1 2       15  
  1 82 1   55 13
#$#%  '()  (  *+(,  -.  +/+0123-4  (45  2,(4).-,6(23-4  .-,  
789:;<:=>:?  AB  CBD=EB8BC  ;F8>:G  H:9:I=9D  8B;JDF;  KL=DB  
;F8B:GFLB:=:G  >J8  GD>M9D  >NB89F=:G  O>CBDP  O>CB8:=Q=:G  >J8  
FBIL:>D>GR  9:C  9IIBDB89F=:G  >J8  N9IB  >S  =::>E9F=>:?  T   UV   
W          W "            X  XYZXV             [   X!   \] X!ZXV  
^_`a  ^c  deecf  ad  dgf  hijckalm  gkncfojkkcn  pq  dgf  njrcfljscn    kn  
V   ZXV  ]  !UYW"  V  V  ] ZY   X!  t  WZY    ]  W   Z u  v   w  Z t   
 U   ]  V       Z     X w    U   W    Y Z t   X      t         ]     x XY   
 W   Y      X!    W w Z      X      Zy X      V   W   W  T  X zXZ Xu  
{   Z      YU   x|  Y xx XW    X  W      W  W VZY       }
~   BD=EB8=:G  ;F8>:G  H:9:I=9D  8B;JDF;P   \Y  !ZXV   U   
 \] YW WZ X   ZX      Uw!U !   ]   WZXV   XtZ  Xx XW       x X|  
     U   V  V  ] Z     X!   X!  x  [ W 
~      IL=BE=:G    BR  O=DB;F>:B;  9G9=:;F  >J8  F89:;S>8O9F=>:P    
w|   Uw W XWZ   |  Y x]  WZXV   U    ]   WZXV  x !     ]WZxZy WZ X"  
x !  XZyZXV   U   W Y X   V|   X!   YY     WZXV  W   ] Y       
ZXX t WZ X
~      :L9:I=:G  I>:;JOB8  B  NB8=B:IBP   x]   ZyZXV       
YU WU        Y x] Z XY    X!   U      ] X ZwZ ZW|       W    !     
    Y X Ux    ! W 
{X          "           YY     W !    t XU   V   W  W   XZX   ]  Y XWu    
v   ZXt  W !        UWU    V   W   X!   \] X! !    !  U W !      {T     
x  VZX  W         ]  Y XW"  ! Zt X  ZX  ]  W  w|         xZ  Z X      ZX  |     
W  X    x WZ X  Y  W    tZXV u  v         ] U! XW |  x X V !   U   
w   XY      W"    !UYZXV   U      t   V      WZ   W   W     WZx  "  
rdigka`fjiq  ofco`qjk                jiijdk  de  ncpa    kn  fcsk`khjk    dgf  
ckajfc  ncpa  lafghagfc  ad  c  ackn  dgf    `agfjaq  ofdsic    kn  fcnghc  
ZXW    W   \] X  u
  BEB:JB  G8>KFL  L=GLD=GLF;  =:IDJCB  
~    J8  ONDBFBC  >J8  >NB89F=:G  O>CBD  >NF=O=Q9F=>:?  
  t    W   Y U         W   |   "          Y W !    UV  |    "               
   x    Y    x  [ W   W    U       w       ] wZ ZW|     XW                u  
  ZXY     W w Z ZXV   U           X W   [  ZX          "      X     x]  |  
  UV  |  "            YZ W     Y      {X!Z "      W     ZY    X!     UW  
    ZY u    U             X w    U   W    X  XY    U      [   Y   ZX  W   XW  
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 X!   W X!  !Zy    U   ]  Y        X!    |        ]   WZXVu  
~    >CB8:=QBC  >J8  FBIL:>D>GR  I9N9M=D=F=B;?  v        wUZ !ZXV  
   x !  X"  V  w  "  Y  U!  w   !  W Y X   V|  ]  W   x  W   
 W  XVW X   U    \Z WZXV  ]  !UYW    X!   U]]  W  W   X \W  
V X   WZ X      V   W   W  T  X zXZ Xu    W  W     UX! WZ X    
W Y X   V|    t  "    ZY       Y       X   t"            W X!  !ZyZXV  
ZX    W UYWU       tZY     X!  ! t   ]    W       XW       ZXV    
  UX! WZ X  W     !UY   Y  W   X!  ZXY    T      XVZX   ZXV  
]  !UYWZtZW|u    UZ W         X   t"    X T U   Z    U   Y        UWZ X   
 X w  x XW  ]  W   x   X!  Uw       ZXX t WZ X"  Y XW   ZyZXV  
 U   Y xx X  ]  !UYW     tZY        ! W   x X V x XW"  Z! XWZW|  
     UWZ X"   X  |WZY    X!  !  Zt  |u   U ZXV          "      !  t     
[ |  xZ   W X    W    !    U   x !  XZy WZ X"  ZXY U!ZXV    
    ]  W   xZXV   U      YW  T U W     W  W  x    X!ZXV  Y  !ZW  
wU   U"  xZV  WZXV   U   ZXW  X    V  w    ! W    X!   X  |WZY   
 XtZ  Xx XW "   X!  !  Zt  ZXV  W     UX! WZ X       [  W     
 U]]  W  zu  u   X!  {X!Z   xZV  WZ X   ZX         u



shareholder letter icon 3/21/2025 Letter Continued (Full PDF)
 

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