8-K Announcements
6May 4, 2026·SEC
Apr 16, 2026·SEC
Apr 8, 2026·SEC
Equitable Holdings, Inc. (EQH) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Equitable Holdings, Inc. (EQH) stock price & volume — 10-year historical chart
Equitable Holdings, Inc. (EQH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Equitable Holdings, Inc. (EQH) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $1.62vs $1.60+1.3% | $4.2Bvs $3.9B+7.1% |
| Q1 2026 | Feb 4, 2026 | $1.76vs $1.75+0.6% | $3.3Bvs $4.0B-17.0% |
| Q4 2025 | Nov 4, 2025 | $1.48vs $1.61-8.1% | $1.4Bvs $3.5B-58.5% |
| Q3 2025 | Aug 5, 2025 | $1.21vs $1.71-170.8% | $2.4Bvs $4.0B-40.8% |
Equitable Holdings, Inc. (EQH) competitors in Life, annuity and benefits insurers — business model, growth, and fundamentals comparison
Equitable Holdings, Inc. (EQH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Equitable Holdings, Inc. (EQH) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.46B | 12.07B | 9.62B | 12.41B | 7.61B | 12.64B | 10.53B | 12.44B | 11.66B |
| Revenue Growth % | 5.93% | -3.14% | -20.3% | 29.07% | -38.67% | 66.06% | -16.74% | 18.13% | -6.21% |
| Medical Costs & Claims | 6.95B | 5.46B | 7.49B | 9.51B | 291M | 5.07B | 5.34B | 5.84B | 2.43B |
| Medical Cost Ratio % | 55.74% | 45.23% | 77.84% | 76.62% | 3.82% | 40.06% | 50.68% | 46.93% | 20.86% |
| Gross Profit | 5.51B▲ 0% | 6.61B▲ 19.9% | 2.13B▼ 67.7% | 2.9B▲ 36.2% | 7.32B▲ 152.3% | 7.58B▲ 3.5% | 5.19B▼ 31.5% | 6.6B▲ 27.1% | 9.23B▲ 39.9% |
| Gross Margin % | 44.26% | 54.77% | 22.16% | 23.38% | 96.18% | 59.94% | 49.32% | 53.07% | 79.14% |
| Gross Profit Growth % | -2.82% | 19.85% | -67.75% | 36.16% | 152.26% | 3.5% | -31.49% | 27.12% | 39.88% |
| Operating Expenses | 4.21B | 4.12B | 4.19B | 4B | 4.71B | 4.59B | 4.45B | 4.49B | 10.43B |
| OpEx / Revenue % | 33.78% | 34.14% | 43.58% | 32.19% | 61.91% | 36.28% | 42.31% | 36.09% | 89.37% |
| Depreciation & Amortization | 399M | 296M | 675M | 1.76B | 519M | 636M | 812M | 860M | 0 |
| Combined Ratio % | 89.52% | 79.37% | 121.42% | 108.8% | 65.73% | 76.34% | 92.99% | 83.03% | 110.23% |
| Operating Income | 1.31B▲ 0% | 2.49B▲ 90.7% | -2.06B▼ 182.7% | -1.09B▲ 46.9% | 2.61B▲ 338.7% | 2.99B▲ 14.7% | 738M▼ 75.3% | 2.11B▲ 186.0% | -1.19B▼ 156.5% |
| Operating Margin % | 10.48% | 20.63% | -21.42% | -8.8% | 34.27% | 23.66% | 7.01% | 16.97% | -10.23% |
| Operating Income Growth % | -35.57% | 90.66% | -182.73% | 46.94% | 338.7% | 14.68% | -75.33% | 186.04% | -156.51% |
| EBITDA | 1.71B | 2.79B | -1.39B | 664M | 3.13B | 3.63B | 1.55B | 2.97B | -969M |
| EBITDA Margin % | 13.68% | 23.08% | -14.4% | 5.35% | 41.08% | 28.69% | 14.72% | 23.89% | -8.31% |
| Interest Expense | 160M | 231M | 221M | 200M | 244M | 201M | 228M | 226M | 224M |
| Non-Operating Income | -160M | -231M | -221M | -200M | -244M | -201M | -228M | -226M | -224M |
| Pretax Income | 1.31B▲ 0% | 2.49B▲ 90.7% | -2.06B▼ 182.7% | -1.09B▲ 46.9% | 2.61B▲ 338.7% | 2.99B▲ 14.7% | 738M▼ 75.3% | 2.11B▲ 186.0% | -1.19B▼ 156.5% |
| Pretax Margin % | 10.48% | 20.63% | -21.42% | -8.8% | 34.27% | 23.66% | 7.01% | 16.97% | -10.23% |
| Income Tax | 49M | 301M | -593M | -744M | 439M | 598M | -905M | 288M | -156M |
| Effective Tax Rate % | 3.75% | 12.09% | 28.79% | 68.07% | 16.83% | 19.99% | -122.63% | 13.64% | 13.08% |
| Net Income | 834M▲ 0% | 1.85B▲ 122.4% | -1.76B▼ 195.1% | -648M▲ 63.3% | 1.75B▲ 370.8% | 2.15B▲ 22.7% | 1.3B▼ 39.5% | 1.31B▲ 0.4% | -1.38B▼ 205.6% |
| Net Margin % | 6.69% | 15.37% | -18.34% | -5.22% | 23.05% | 17.03% | 12.37% | 10.51% | -11.83% |
| Net Income Growth % | -33.49% | 122.42% | -195.09% | 63.27% | 370.83% | 22.68% | -39.53% | 0.38% | -205.59% |
| EPS (Diluted) | 1.49▲ 0% | 3.27▲ 119.5% | -3.51▼ 207.3% | -1.56▲ 55.6% | -1.24▲ 20.5% | 5.46▲ 540.3% | 3.48▼ 36.3% | 3.78▲ 8.6% | -4.83▼ 227.8% |
| EPS Growth % | -33.48% | 119.46% | -207.34% | 55.56% | 20.51% | 540.32% | -36.26% | 8.62% | -227.78% |
| EPS (Basic) | 1.49 | 3.27 | -3.51 | -1.56 | -1.24 | 5.49 | 3.49 | 3.82 | -4.83 |
| Diluted Shares Outstanding | 561M | 556.5M | 493.6M | 450.4M | 417.4M | 379.9M | 351.6M | 324.8M | 298.1M |
Equitable Holdings, Inc. (EQH) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 235.62B | 220.8B | 249.82B | 275.4B | 292.26B | 252.7B | 276.81B | 295.87B | 317.99B |
| Asset Growth % | 8.76% | -6.29% | 13.14% | 10.24% | 6.12% | -13.54% | 9.54% | 6.88% | 7.48% |
| Total Investment Assets | 67.07B | 65.22B | 85.92B | 102.54B | 102.88B | 91.32B | 96.62B | 108.46B | 120.6B |
| Long-Term Investments | 67.07B | 65.22B | 85.92B | 102.54B | 102.88B | 91.32B | 96.51B | 108.33B | 80.33B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 78.22B | 63.36B | 116M | 137M | 40.27B |
| Total Current Assets | 30.75B | 30.59B | 22.6B | 24.77B | 28.75B | 20.32B | 28.2B | 28.28B | 78.5B |
| Cash & Equivalents | 4.81B | 4.47B | 4.41B | 6.18B | 5.19B | 4.28B | 8.24B | 6.96B | 12.46B |
| Receivables | 0 | 0 | 0 | 0 | 17.47B | 11.59B | 12.24B | 12B | 24.87B |
| Other Current Assets | 11.76B | 10.11B | 11.16B | 13.03B | -72.13B | -58.91B | -64.86B | -75.31B | 907M |
| Goodwill & Intangibles | 4.99B | 4.96B | 4.94B | 4.93B | 4.92B | 5.71B | 5.6B | 5.49B | 12.83B |
| Goodwill | 4.57B | 4.57B | 4.58B | 4.6B | 4.61B | 5.13B | 5.14B | 5.14B | 0 |
| Intangible Assets | 416M | 388M | 360M | 331M | 316M | 571M | 452M | 352M | 12.83B |
| PP&E (Net) | 0 | 0 | 687M | 691M | 637M | 520M | 516M | 618M | 0 |
| Other Assets | 132.81B | 120.03B | 135.67B | 142.47B | 155.07B | 134.83B | 145.99B | 153.15B | 146.33B |
| Total Liabilities | 218.47B | 205.18B | 234.41B | 258.08B | 278.7B | 249.11B | 271.66B | 292.3B | 316.2B |
| Total Debt | 7.92B | 5.53B | 4.99B | 5.28B | 5.89B | 5.85B | 6.33B | 6.78B | 6.56B |
| Net Debt | 3.1B | 1.06B | 589M | -896M | 702M | 1.57B | -1.91B | -182M | -5.9B |
| Long-Term Debt | 3.08B | 4.41B | 4.11B | 4.43B | 5.03B | 4.47B | 5.38B | 5.95B | 6.54B |
| Short-Term Debt | 4.84B | 1.12B | 0 | 0 | 92M | 759M | 370M | 137M | 25M |
| Total Current Liabilities | 11.86B | 8.14B | 13.79B | 18.17B | 16.69B | 6.34B | 12.54B | 18.93B | 138.87B |
| Accounts Payable | 0 | 0 | 0 | 0 | 6.26B | 5.57B | 4.88B | 4.12B | 4.85B |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 6.24B | 6.59B | 13.07B | 16.72B | 9.05B | -701M | 6.05B | 13.81B | 133.58B |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 203.53B | 192.63B | 215.62B | 234.63B | 256.21B | 237.67B | 253.16B | 266.82B | 170.8B |
| Total Equity | 17.14B▲ 0% | 15.62B▼ 8.9% | 15.41B▼ 1.3% | 17.32B▲ 12.4% | 13.56B▼ 21.7% | 3.6B▼ 73.5% | 5.16B▲ 43.4% | 3.57B▼ 30.8% | 1.79B▼ 49.9% |
| Equity Growth % | 14.29% | -8.9% | -1.33% | 12.38% | -21.69% | -73.49% | 43.44% | -30.83% | -49.89% |
| Shareholders Equity | 13.42B | 13.87B | 13.46B | 15.58B | 11.52B | 1.4B | 2.65B | 1.58B | -74M |
| Minority Interest | 3.72B | 1.75B | 1.96B | 1.74B | 2.04B | 2.19B | 2.51B | 1.98B | 1.86B |
| Retained Earnings | 12.22B | 13.99B | 11.74B | 10.7B | 8.88B | 9.82B | 10.24B | 10.65B | 8.37B |
| Common Stock | 5M | 5M | 5M | 5M | 4M | 4M | 5M | 5M | 5M |
| Accumulated OCI | -108M | -1.4B | 844M | 3.86B | 2B | -8.99B | -7.78B | -8.71B | -6.28B |
| Return on Equity (ROE) | 5.19% | 11.32% | -11.37% | -3.96% | 11.37% | 25.09% | 29.75% | 29.96% | -51.53% |
| Return on Assets (ROA) | 0.37% | 0.81% | -0.75% | -0.25% | 0.62% | 0.79% | 0.49% | 0.46% | -0.45% |
| Equity / Assets | 7.28% | 7.07% | 6.17% | 6.29% | 4.64% | 1.42% | 1.86% | 1.21% | 0.56% |
| Debt / Equity | 0.46x | 0.35x | 0.32x | 0.31x | 0.43x | 1.63x | 1.23x | 1.90x | 3.67x |
| Book Value per Share | 30.56 | 28.07 | 31.22 | 38.45 | 32.49 | 9.47 | 14.67 | 10.99 | 6.00 |
| Tangible BV per Share | 21.67 | 19.15 | 21.22 | 27.51 | 20.70 | -5.55 | -1.25 | -5.93 | -37.05 |
Equitable Holdings, Inc. (EQH) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -243M | 61M | -216M | -61M | -193M | -250M | -208M | 1.64B | 713M |
| Operating CF Growth % | -2.97% | 125.1% | -454.1% | 71.76% | -216.39% | -29.53% | 16.8% | 887.5% | -56.47% |
| Operating CF / Revenue % | -1.95% | 0.51% | -2.25% | -0.49% | -2.53% | -1.98% | -1.98% | 13.17% | 6.11% |
| Net Income | 1.26B | 2.15B | -1.47B | -349M | 388M | 2.39B | 1.3B | 1.31B | -1.38B |
| Depreciation & Amortization | 399M | 296M | 675M | 1.76B | 519M | 636M | 812M | 0 | 872M |
| Stock-Based Compensation | 247M | 228M | 278M | 210M | 274M | 328M | -144M | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -2.78B | -2.17B | 728M | -1.79B | 983M | -2.22B | 434M | 1.99B | 4.68B |
| Working Capital Changes | 637M | -448M | -430M | 110M | -2.36B | -1.39B | -2.61B | -1.66B | -3.46B |
| Cash from Investing | -9.69B | -2.05B | -8.5B | -7.82B | -12.69B | -7.49B | -4.85B | -15.36B | -10.75B |
| Capital Expenditures | -102M | -123M | -93M | -107M | -120M | -167M | -117M | -153M | -34M |
| Acquisitions | -130M | -472M | 0 | 219M | 0 | 40M | 0 | 340M | 214M |
| Purchase of Investments | -33.39B | -29.25B | -34.46B | -30.31B | -51.34B | -21.33B | -18.03B | -31.25B | -33.63B |
| Sale/Maturity of Investments | 22.57B | 26.82B | 26.69B | 23.82B | 40.44B | 17.02B | 15.26B | 14.9B | 22.94B |
| Other Investing | 1.36B | 978M | -627M | -1.44B | -1.68B | -3.05B | -1.97B | 795M | -274M |
| Cash from Financing | 9.07B | 1.66B | 8.71B | 9.67B | 11.95B | 7.04B | 9B | 12.1B | 15.5B |
| Dividends Paid | 0 | -157M | -285M | -350M | -375M | -374M | -381M | -382M | -375M |
| Share Repurchases | -275M | -2.25B | -1.52B | -579M | -1.9B | -1.06B | -1.06B | -1.26B | -2.82B |
| Stock Issued | 0 | 0 | 775M | 494M | 293M | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K |
| Other Financing | 8.61B | 3.01B | 10.1B | 9.81B | 13.32B | 8.54B | 9.54B | 14.55B | 18.41B |
| Net Change in Cash | -840M▲ 0% | -345M▲ 58.9% | -64M▲ 81.4% | 1.77B▲ 2871.9% | -991M▼ 155.9% | -907M▲ 8.5% | 3.96B▲ 536.4% | -1.64B▼ 141.5% | 5.5B▲ 434.6% |
| Exchange Rate Effect | 22M | -12M | -57M | -17M | -56M | -215M | 23M | -20M | 36M |
| Cash at Beginning | 5.65B | 4.81B | 4.47B | 4.41B | 6.18B | 5.19B | 4.28B | 9.11B | 7.46B |
| Cash at End | 4.81B | 4.47B | 4.41B | 6.18B | 5.19B | 4.28B | 8.24B | 7.46B | 12.96B |
| Free Cash Flow | -345M▲ 0% | -62M▲ 82.0% | -309M▼ 398.4% | -168M▲ 45.6% | -313M▼ 86.3% | -417M▼ 33.2% | -325M▲ 22.1% | 1.49B▲ 556.9% | 679M▼ 54.3% |
| FCF Growth % | -3.6% | 82.03% | -398.39% | 45.63% | -86.31% | -33.23% | 22.06% | 556.92% | -54.28% |
| FCF Margin % | -2.77% | -0.51% | -3.21% | -1.35% | -4.11% | -3.3% | -3.09% | 11.94% | 5.82% |
| FCF per Share | -0.61 | -0.11 | -0.63 | -0.37 | -0.75 | -1.1 | -0.92 | 4.57 | 2.28 |
Equitable Holdings, Inc. (EQH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 82.77% | 89.52% | 79.37% | 121.42% | 108.8% | 65.73% | 76.34% | 92.99% | 83.03% | 110.23% |
| Medical Cost Ratio | 51.76% | 55.74% | 45.23% | 77.84% | 76.62% | 3.82% | 40.06% | 50.68% | 46.93% | 20.86% |
| Return on Equity (ROE) | 8.77% | 5.19% | 11.32% | -11.37% | -3.96% | 11.37% | 25.09% | 29.75% | 29.96% | -51.53% |
| Return on Assets (ROA) | 0.59% | 0.37% | 0.81% | -0.75% | -0.25% | 0.62% | 0.79% | 0.49% | 0.46% | -0.45% |
| Equity / Assets | 6.92% | 7.28% | 7.07% | 6.17% | 6.29% | 4.64% | 1.42% | 1.86% | 1.21% | 0.56% |
| Book Value / Share | 26.74 | 30.56 | 28.07 | 31.22 | 38.45 | 32.49 | 9.47 | 14.67 | 10.99 | 6 |
| Debt / Equity | 0.54x | 0.46x | 0.35x | 0.32x | 0.31x | 0.43x | 1.63x | 1.23x | 1.90x | 3.67x |
| Revenue Growth | 16.71% | 5.93% | -3.14% | -20.3% | 29.07% | -38.67% | 66.06% | -16.74% | 18.13% | -6.21% |
Equitable Holdings, Inc. (EQH) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 4, 2026·SEC
Apr 16, 2026·SEC
Apr 8, 2026·SEC
Equitable Holdings, Inc. (EQH) stock FAQ — growth, dividends, profitability & financials explained
Equitable Holdings, Inc. (EQH) saw revenue decline by 6.2% over the past year.
Equitable Holdings, Inc. (EQH) reported a net loss of $1.38B for fiscal year 2025.
Yes, Equitable Holdings, Inc. (EQH) pays a dividend with a yield of 2.41%. This makes it attractive for income-focused investors.
Equitable Holdings, Inc. (EQH) has a return on equity (ROE) of -51.5%. Negative ROE indicates the company is unprofitable.
Equitable Holdings, Inc. (EQH) has a combined ratio of 110.2%. A ratio above 100% means claims and expenses exceed premiums.
Equitable Holdings, Inc. (EQH) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates