Equitable Holdings, Inc.

Equitable Holdings, Inc.

EQHยทNYSE

$39.85

-1.7%
Financial ServicesInsurance - Diversified

Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to various clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides various variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.

At a Glance

Live Snapshot
Market Cap$11.22B
EPS-4.8300
P/E Ratio-8.25
Earnings Date08/04/2026
3Y-385.0%
5Y-1269.0%
10Y-402.0%
3Y+44.0%
5Y+37.0%
10Y+86.0%
3Y+120.0%
5Y+60.0%
10Y+203.0%
EQH

Equitable Holdings, Inc. Cash Conversion Engine

EQH ยท NYSE
Net Income-1.38B
Depreciation & Amortization872.00M
Stock-Based Compensation0.00
Change in Working Capital-3.46B
Others4.68B
Capital Expenditures-34.00M
Free Cash Flow679.00M

Cash Flow Quality Analysis

FCF Conversion Rate

-49.2%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

4.8%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-54.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$3.46B

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Equitable Holdings, Inc. Cash Flow Statement

EQH โ€ข NYSE

Equitable Holdings, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
OPERATING ACTIVITIES
-1.4B
1.3B
1.3B
2.4B
388M
-349M
-1.5B
2.2B
1.3B
1.6B
658M
2B
872M
0.0
812M
636M
519M
1.8B
675M
296M
399M
-21M
9M
353M
0.0
0.0
-144M
328M
274M
210M
278M
228M
247M
213M
243M
0.0
4.7B
2B
434M
-2.2B
983M
-1.8B
728M
-2.2B
-2.8B
-2.3B
-1.3B
-3.9B
(0.0)
(0.0)
(266M)
(89M)
(305M)
(0.0)
(0.0)
(57M)
(31M)
(0.0)
(94M)
(98M)
-3.5B
-1.7B
-2.6B
-1.4B
-2.4B
110M
-430M
-448M
637M
254M
169M
939M
713M
1.6B
-208M
-250M
-193M
-61M
-216M
61M
-243M
-236M
-192M
-628M
INVESTING ACTIVITIES
-34M
-153M
-117M
-167M
-120M
-107M
-93M
-123M
-102M
-97M
-83M
-92M
(214M)
(340M)
(0.0)
(40M)
(0.0)
(219M)
(0.0)
-472M
-130M
-21M
(0.0)
-61M
-33.6B
-31.2B
-18B
-21.3B
-51.3B
-30.3B
-34.5B
-29.3B
-33.4B
-25B
-27.2B
-20.1B
22.9B
14.9B
15.3B
17B
40.4B
23.8B
26.7B
26.8B
22.6B
20.1B
25.2B
17.5B
-274M
795M
-2B
-3B
-1.7B
-1.4B
-627M
978M
1.4B
-709M
-78M
1.1B
-10.8B
-15.4B
-4.9B
-7.5B
-12.7B
-7.8B
-8.5B
-2B
-9.7B
-5.8B
-2.1B
-1.6B
FINANCING ACTIVITIES
-2.8B
-1.3B
-1.1B
-1.1B
-1.6B
-85M
-747M
-2.3B
-275M
-236M
-214M
-90M
286M
-807M
899M
-62M
609M
300M
-360M
1.1B
738M
-1.6B
-397M
-483M
-375M
-382M
-381M
-374M
-375M
-350M
-285M
-157M
(0.0)
(0.0)
(0.0)
(0.0)
-2.8B
-1.3B
-1.1B
-1.1B
-1.9B
-579M
-1.5B
-2.3B
-275M
-236M
-214M
-90M
18.4B
14.6B
9.5B
8.5B
13.3B
9.8B
10.1B
3B
8.6B
7B
3.5B
4.7B
15.5B
12.1B
9B
7B
11.9B
9.7B
8.7B
1.7B
9.1B
5.1B
2.9B
4.1B
CASH FLOW SUMMARY
36M
-20M
23M
-215M
-56M
-17M
-57M
-12M
22M
-10M
-10M
-20M
5.5B
-1.6B
4B
-907M
-991M
1.8B
-64M
-345M
-840M
-903M
555M
1.8B
7.5B
9.1B
4.3B
5.2B
6.2B
4.4B
4.5B
4.8B
5.7B
6.6B
6B
4.2B
13B
7.5B
8.2B
4.3B
5.2B
6.2B
4.4B
4.5B
4.8B
5.7B
6.6B
6B
679M
1.5B
-325M
-417M
-313M
-168M
-309M
-62M
-345M
-333M
-275M
-720M

SEC Filings

EQH - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 04, 2026
May 04, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 21, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 16, 2026
April 15, 2026
2026
8-K

8-K 2026

N/A

April 08, 2026
April 08, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
10-K

10-K 2025 FY

FY

February 25, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 04, 2026
February 04, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 159 filings