Equitable Holdings, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:55:43Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Debt | -7.89B | -2.44B | -3.59B | 418.00M | -489.00M | -1.21B |
| Net Margin | -11.83% | 10.30% | 12.27% | 16.93% | 23.05% | -5.22% |
| Return on Equity (ROE) | 1864.86% | 81.79% | 48.67% | 152.75% | 15.24% | -4.16% |
| Return on Assets (ROA) | -0.43% | 0.43% | 0.46% | 0.85% | 0.60% | -0.24% |
| Debt-to-Equity | -61.78× | 2.89× | 1.77× | 3.35× | 0.41× | 0.32× |
| Effective Tax Rate | 13.08% | 13.49% | -127.45% | 19.97% | 16.83% | 68.07% |
| Cash Conversion Ratio | -0.52× | 1.57× | -0.16× | -0.12× | -0.11× | 0.09× |
| Accruals Ratio | -0.01× | -0.00× | 0.01× | 0.01× | 0.01× | -0.00× |
| SBC % of Revenue | 2.25% | 2.52% | 2.81% | 2.59% | 3.60% | 2.03% |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | 12.78× | 9.74× | 5.30× | 8.24× | — |
| P/S | 1.16× | 1.18× | 1.06× | 0.83× | 1.69× | 0.91× |
| P/B | — | 9.34× | 4.22× | 7.48× | 1.11× | 0.72× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 11.66B | 12.43B | 10.46B | 12.64B | 7.61B | 12.41B |
| Income Tax Expense (Benefit) | -156.00M | 280.00M | -910.00M | 594.00M | 439.00M | -744.00M |
| Net Income (Loss) Attributable to Parent | -1.38B | 1.28B | 1.28B | 2.14B | 1.75B | -648.00M |
| Earnings Per Share, Basic | $-4.83 | $3.74 | $3.44 | $5.46 | $4.02 | $-1.56 |
| Weighted Average Number of Shares Outstanding, Basic | 298.10M | 321.20M | 350.10M | 377.60M | 417.40M | 450.40M |
| Earnings Per Share, Diluted | $-4.83 | $3.69 | $3.42 | $5.42 | $3.98 | $-1.56 |
| Weighted Average Number of Shares Outstanding, Diluted | 298.10M | 324.80M | 351.60M | 379.90M | 421.20M | 450.40M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 12.46B | 6.96B | 8.24B | 4.28B | 5.19B | 6.18B |
| Assets | 317.99B | 295.73B | 276.69B | 252.70B | 292.26B | 275.40B |
| Long-term Debt, Excluding Current Maturities | 3.83B | 3.83B | 3.82B | 3.32B | 3.84B | — |
| Liabilities | 316.20B | 292.18B | 271.55B | 249.11B | 278.70B | 258.08B |
| Stockholders' Equity Attributable to Parent | -74.00M | 1.56B | 2.64B | 1.40B | 11.52B | 15.58B |
| Common Stock, Shares, Outstanding | 283.36M | 309.90M | 333.88M | 365.08M | 391.29M | 440.78M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 714.00M | 2.01B | -208.00M | -250.00M | -193.00M | -61.00M |
| Net Cash Provided by (Used in) Investing Activities | -10.97B | -15.86B | -4.85B | -7.49B | -12.69B | -7.82B |
| Payments for Repurchase of Common Stock | 1.45B | 1.01B | 919.00M | 849.00M | 1.64B | 430.00M |
| Net Cash Provided by (Used in) Financing Activities | 15.72B | 12.44B | 9.00B | 7.04B | 11.95B | 9.67B |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Debt | -6.07B | -7.89B | -9.77B | -10.63B | -3.83B | -2.44B |
| Net Margin | 14.68% | 6.56% | -90.28% | -14.78% | 1.38% | 24.68% |
| Return on Equity (ROE) | 227.47% | -290.54% | -884.46% | -30.37% | 2.62% | 57.00% |
| Return on Assets (ROA) | 0.20% | 0.07% | -0.42% | -0.12% | 0.02% | 0.30% |
| Debt-to-Equity | 14.05× | -61.78× | 25.90× | 3.77× | 1.80× | 2.89× |
| Effective Tax Rate | 17.59% | 9.59% | 9.87% | 22.04% | 13.79% | 15.08% |
| Cash Conversion Ratio | 0.80× | -0.72× | -0.66× | -1.43× | 2.51× | 0.45× |
| Accruals Ratio | 0.00× | 0.00× | -0.01× | -0.00× | -0.00× | 0.00× |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 48.36× | 14.47× | 12.85× |
| P/S | 0.92× | 1.16× | 1.22× | 1.24× | 1.08× | 1.18× |
| P/B | 38.27× | — | 99.23× | 14.73× | 6.65× | 9.34× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 4.23B | 3.28B | 1.45B | 2.36B | 4.58B | 3.62B |
| Income Tax Expense (Benefit) | 156.00M | 33.00M | -133.00M | -80.00M | 24.00M | 179.00M |
| Net Income (Loss) Attributable to Parent | 621.00M | 215.00M | -1.31B | -349.00M | 63.00M | 892.00M |
| Earnings Per Share, Basic | $2.16 | $0.60 | $-4.47 | $-1.21 | $0.16 | $2.71 |
| Weighted Average Number of Shares Outstanding, Basic | 281.30M | 298.10M | 296.20M | 303.20M | 307.80M | 321.20M |
| Earnings Per Share, Diluted | $2.14 | $0.60 | $-4.47 | $-1.21 | $0.16 | $2.67 |
| Weighted Average Number of Shares Outstanding, Diluted | 283.80M | 298.10M | 296.20M | 303.20M | 311.90M | 324.80M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 9.90B | 12.46B | 13.60B | 14.96B | 8.16B | 6.96B |
| Assets | 310.38B | 317.99B | 314.41B | 303.09B | 287.37B | 295.73B |
| Long-term Debt, Excluding Current Maturities | 3.84B | 3.83B | 3.83B | 4.33B | 4.33B | 3.83B |
| Liabilities | 308.13B | 316.20B | 312.46B | 300.13B | 282.87B | 292.18B |
| Stockholders' Equity Attributable to Parent | 273.00M | -74.00M | 148.00M | 1.15B | 2.40B | 1.56B |
| Common Stock, Shares, Outstanding | 281.50M | 283.36M | 289.21M | 301.77M | 306.34M | 309.90M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 499.00M | -154.00M | 868.00M | 499.00M | 158.00M | 400.00M |
| Net Cash Provided by (Used in) Investing Activities | -2.96B | -2.48B | -8.48B | -3.72B | -1.20B | -5.54B |
| Payments for Repurchase of Common Stock | 147.00M | 277.00M | 1.17B | 497.00M | 262.00M | 260.00M |
| Net Cash Provided by (Used in) Financing Activities | -96.00M | 1.49B | 14.22B | 11.17B | 2.23B | 2.55B |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (EQH CIK 0001333986),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.