FirmAtlas
Company handbook · EQH · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
EQH · CIK 1333986 · LATEST FILING: 10-Q JUN '26 · FILED AUG 6, 2026
Equitable Holdings, Inc.
$53.21
−0.28 (−0.52%)
Close, Oct 16, 2026 · 52-week $35–55
Equitable Holdings sells annuities and life insurance through Equitable, manages money through AllianceBernstein, and gives financial advice through Equitable Advisors.
Business
- CustomersIndividuals and families planning for retirement, teachers and other school workers, small businesses, and pension funds and other institutions; sold through its own advisers and through outside brokers and banks
Last fiscal year
Equitable Holdings, Inc. reported revenue of $11.7B for the year ended Dec 31, 2025 (FY25), down 6.1% from FY24. Net loss was $1.4B. Source: 10-K filed Feb 25, 2026.
Market cap
$15.1B
P/B
n/m
Div yield
2.14%
Op. ROE
−14.6%
Revenue 1Y
−6.1%/yr
EPS 1Y
n/m
Shares 1Y
−9%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOMark Pearson
HQNew York, NY
AuditorPricewaterhouseCoopers LLP
Employees8,000
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
—
10.7%
23.6%
12.7%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Net premiums earned
1,172
1,046−10.8%
—
Net investment income
4,881
5,234+7.2%
—
Total revenue
12,425
11,665−6.1%
10,615
YoY
−6.1%
Losses & loss adjustment expenses
2,696
2,395−11.2%
—
Policy acquisition costs
1,896
2,093+10.4%
—
Pre-tax income
2,076
(1,193)−157.5%
—
Net income
1,280
(1,380)−207.8%
(926)
YoY
−207.8%
EPS (diluted, $)
3.69
−4.83−230.9%
−3.25
YoY
−230.9%
Balance sheet
Total assets
295,727
317,990+7.5%
334,657
Cash & short-term investments
6,964
12,462+78.9%
—
Investments
116,441
121,004+3.9%
—
Other assets
172,322
184,524+7.1%
—
Total liabilities
294,162
318,064+8.1%
335,442
Other liabilities
294,162
318,064+8.1%
—
Shareholders’ equity
1,565
(74)−104.7%
(785)
Shares outstanding (M)
310
283−8.6%
—
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
2,006
714−64.4%
1,357
Net income
1,796
(1,037)−157.7%
—
Stock-based compensation
313
262−16.3%
—
Working capital & other
(103)
1,489n/m
—
Cash from investing
(15,855)
(10,968)n/m
—
Acquisitions
0
—
—
Investments bought
(21,058)
(25,955)n/m
—
Investments sold / matured
10,934
18,740+71.4%
—
Other investing
(5,731)
(3,753)n/m
—
Cash from financing
12,441
15,716+26.3%
—
Debt raised
0
495n/m
—
Debt repaid
(565)
(500)n/m
—
Dividends
(302)
(314)n/m
—
Buybacks
(1,014)
(1,450)n/m
—
Other financing
14,322
17,485+22.1%
—
Net change in cash
(1,428)
5,498n/m
—
Where the earnings went
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,450
3,277
4,230
1,658
vs year-ago quarter
Net income
(1,309)
215
621
(453)
vs year-ago quarter
Net margin
−90.3%
6.6%
14.7%
−27.3%
EPS (diluted, $)
−4.47
0.76
2.14
−1.68
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
314,409
317,990
310,382
334,657
Cash & equivalents
13,604
12,462
9,904
17,183
Total debt
3,833
3,860
3,837
3,839
Shareholders’ equity
148
(74)
273
(785)
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
369
(154)
499
643