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NYSE · INSURANCE AGENTS, BROKERS & SERVICE · LARGE CAP

Equitable Holdings, Inc. EQH

10 fiscal years on record · USD · FY2025 reported · SEC filings only
7 YEARS OF DIVIDEND GROWTH
$11.7B
▼ 6.1% YoY
$-1.4B
▼ 207.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Company provides retirement, asset management and wealth management solutions to individual and institutional clients, and had $1.1 trillion of assets under management and administration as of December 31, 2025. The Company earns revenues predominantly from fee income, income from investments, and insurance premiums. The Company manages its business through three reportable segments: Retirement, Asset Management, and Wealth Management. The Retirement segment provides individual annuities, workplace retirement savings plans, and institutional savings products. The Asset Management segment had approximately $866.9 billion in AUM as of December 31, 2025, composed of 41% equities, 36% fixed income and 23% multi-asset class solutions, alternatives and other assets. As of December 31, 2025, the Equitable Advisors broker-dealer business included $122.0 billion in assets under administration. Equitable Holdings has operated since 1859.

Written from the business description in Equitable Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth

USD 11.7B
Revenue, FY2025 · full 10-year series below
Revenue $B Net income $B
FY2025 · Revenue 11.7 · Net income -1.4
5B10B-1B-2B
2016201920222025
Compound annual growth
−2.7%
−1.2%
+10.4%
+9.7%
+15.6%
+19.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −1.2% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−9 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -10.2% · Net -8.9%
10%20%30%-10%-20%
201620202025
ROE
FY2024 · ROE 60.9%
20%40%60%-5%-10%
201620202025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Cash & shareholders

USD 1.8B
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2018 · FCF 61.0
25.0M50.0M-100.0M-200.0M
201620202025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.3 · Net buybacks 1.4
1B2BDividendsNet buybacks
2016201720182019202020212022202320242025

USD 314.0M in dividends and USD 1.4B in buybacks went back to shareholders in a year without profit.

Total assetsUSD 318.0B
EquityUSD -74.0M
CashUSD 12.5B
Gross debtUSD 3.9B
Net debtUSD -8.6B

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 10-year record

10 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
EQH, 10-year financial record
Metric 2025202420232022202120202019201820172016
Revenue $B11.712.410.512.67.612.49.612.112.511.8
Operating income $B−1.22.10.73.02.6−1.1−2.1◌◌◌
EBITDA $B◌◌◌◌◌◌−1.4◌◌◌
Income tax $B−0.20.3−0.90.60.4−0.7−0.60.30.00.4
Net income $B−1.41.31.32.21.8−0.6−1.81.90.81.3
Free cash flow $B◌◌◌◌◌◌◌0.1−0.2−0.2
EPS, diluted $−4.833.693.425.463.98−1.56−3.573.331.492.24
Dividend / sh $1.050.940.860.780.710.660.580.260.00◌
Payout %−2324231417−46−168084
ROE %—60.963.633.313.0−4.5−12.913.66.2◌
Shares out B0.280.310.330.370.390.440.460.530.56◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 29 reconciliationsAUDITED

Reconciled in 10 of the 10 fiscal years we could check. 10 checks were skipped: the balance sheet is not tagged before 2017. Nine checks were skipped: EPS is not tagged before 2016.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2016

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