Equitable Holdings, Inc. EQH
Last close
52.96
2026-09-04
Market cap
$14.46B
2026-06-30 share count
52-week range
35.20 - 55.15
Valuation FY2025 figures against the last close
P/S1.2x
P/E—
P/FCF20.3x
EV/EBITDA—
Dividend yield2.2%
Diluted EPS-4.83
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.66B | $12.43B | $10.46B | $12.64B | $7.61B | $12.41B | $9.62B | $12.07B | $12.46B | $11.76B |
| Interest expense | — | — | $228.0M | $201.0M | $244.0M | $200.0M | $221.0M | $231.0M | $160.0M | $174.0M |
| Pre-tax income | -$1.19B | $2.08B | $714.0M | $2.99B | $2.61B | -$1.09B | -$2.06B | $2.49B | $1.31B | $2.03B |
| Income tax | $156.0M | $280.0M | $910.0M | $598.0M | $439.0M | $744.0M | $593.0M | $301.0M | $49.0M | $378.0M |
| Net income | -$1.4K | $1.3K | $1.3K | $2.2K | $1.8K | -$648.0M | -$1.76B | $1.85B | $834.0M | $1.25B |
| EPS, basic | -4.83 | 3.74 | 3.44 | 5.49 | 4.02 | -1.56 | -3.57 | 3.33 | 1.49 | 2.24 |
| EPS, diluted | -4.83 | 3.69 | 3.42 | 5.46 | 3.98 | -1.56 | -3.57 | 3.33 | 1.49 | 2.24 |
| Shares, diluted (wtd. avg.) | $298.1M | $324.8M | $351.6M | $379.9M | $421.2M | $450.4M | $493.6M | $556.5M | $561.0M | $561.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $12.46B | $6.96B | $8.24B | $4.28B | $5.19B | $6.18B | $4.41B | $4.47B | $4.81B | $5.65B |
| Goodwill | — | — | — | — | — | — | — | $4.57B | $4.57B | $4.94B |
| Total assets | $317.99B | $295.73B | $276.69B | $252.70B | $292.26B | $275.40B | $249.82B | $220.80B | $235.62B | — |
| Short-term debt | $25.0M | $0 | $254.0M | $759.0M | $92.0M | $0 | $0 | $546.0M | $1.86B | — |
| Long-term debt | $3.83B | $3.83B | $3.82B | $3.32B | $3.84B | — | — | — | — | — |
| Total liabilities | $316.20B | $292.18B | $271.55B | $249.11B | $278.70B | $258.08B | $234.41B | $205.18B | $218.47B | — |
| Retained earnings | $8.37B | $10.63B | $10.25B | $9.82B | $8.88B | $10.70B | $11.74B | $13.99B | $12.22B | — |
| Total equity | -$74.0M | $1.56B | $2.64B | $3.17B | $11.93B | $17.18B | $15.05B | $15.37B | $16.41B | $14.55B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $714.0M | $2.01B | -$208.0M | -$250.0M | -$193.0M | -$61.0M | -$216.0M | $61.0M | -$243.0M | -$236.0M |
| Depreciation and amortisation | — | — | — | — | — | — | $675.0M | $296.0M | — | — |
| Investing cash flow | -$10.97B | -$15.86B | -$4.85B | -$7.49B | -$12.69B | -$7.82B | -$8.50B | -$2.05B | -$9.69B | -$5.77B |
| Financing cash flow | $15.72B | $12.44B | $9.00B | $7.04B | $11.95B | $9.67B | $8.71B | $1.66B | $9.07B | $5.11B |
| Dividends paid | $314.0M | $302.0M | $301.0M | $294.0M | $296.0M | $297.0M | $285.0M | $157.0M | $0 | $1.05B |
| Buybacks | $1.45B | $1.01B | $919.0M | $849.0M | $1.64B | $430.0M | $1.35B | $648.0M | $0 | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-341149.
Others in SIC 6411
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MRSH | MARSH & MCLENNAN COMPANIES, INC. | $88.64B | 22.0x | 10.3% |
| AON | Aon plc | $68.54B | 19.0x | 9.4% |
| AJG | Arthur J. Gallagher & Co. | $67.33B | 45.8x | 20.7% |
| WTW | WILLIS TOWERS WATSON PLC | $31.09B | 20.6x | -2.3% |
| BRO | BROWN & BROWN, INC. | $23.90B | 22.6x | 22.8% |
| ACT | Enact Holdings, Inc. | $6.77B | 10.9x | 2.8% |
| NP | Neptune Insurance Holdings Inc. | $4.58B | — | 33.7% |
| ARX | Accelerant Holdings | $4.34B | — | 51.5% |