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Equitable Holdings, Inc.

Insurance Agents, Brokers & Service

$52.92
-1.05%
Market cap $14.4B

Equitable Holdings Inc is a financial services company providing retirement, asset management, and wealth management solutions for individual and institutional clients, operating through three segments.

It is a $14.4B financial services company. Revenue shrank 22.1% over the last year, and it currently loses money.

Location
New York, NY
Employees
8 000
Sector
Financial Services
Founded
1859

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation75Growth18Profitability20Health53Quality36Moat13

Strong valuation; Growth, Profitability, Quality and Moat lag behind.

Valuation75
  • P/E vs own history94th pct · 0/25
  • FCF yield9.0% · 25/25
  • P/S1.0x · 25/25
  • EV/EBITDA9.5x · 25/25
Growth18
  • Revenue CAGR1.4% · 6/25
  • Net income CAGRn/a · 0/25
  • EPS CAGR ~5Yn/a · 0/25
  • Fwd implied growth5.9% · 12/25
Profitability20
  • ROICn/a · 0/25
  • ROE-198.2% · 0/25
  • Net margin-8.7% · 0/25
  • Operating margin17.5% · 20/25
Health53
  • Altman Zn/a · 0/25
  • Current ratio5.67 · 25/25
  • Interest coverage0.5x · 3/25
  • Net cash / debtNet cash · 25/25
Quality36
  • Piotroski F4/9 · 10/25
  • Beneish M-2.37 · 20/25
  • FCF conversionn/a · 0/25
  • Margin stabilityσ 15.7% · 6/25
Moat13
  • ROIC >12% yearsn/a · 0/25
  • Median gross margin35.7% · 13/25
  • FCF-positive yearsn/a · 0/25
  • Worst-year net marginworst -18.1% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. 2026Acquisition
    Equitable Holdings announced a merger with Corebridge Financial through a all-stock merger worth $22…
  2. FY2022Financial
    Became debt-free
    cash now exceeds total debt
  3. 2020Milestone
    It changed its name to Equitable Holdings, Inc
  4. Jan 14, 2020Product
    Equitable unveiled its new branding
  5. Nov 7, 2019IPO
    AXA announced the sale of its remaining stake in AXA Equitable Holdings (EQH), selling 144…
  6. FY2018Financial
    First recorded profitable year
    $1.82B net income
  7. FY2018Financial
    Revenue already above $10B
    $12.1B in first reported year
  8. FY2018Financial
    Best year on record
    $1.82B net income
  9. 2004Milestone
    The company officially changed its name to AXA Equitable Life Insurance Company
  10. Jul 18, 1991Acquisition
    AXA Group of France bought a $1 billion stake in Equitable Life Assurance Society, for a 49% stake…
  11. 1905Milestone
    James Waddell Alexander was the company president at the time of the Hyde costume ball scandal in 1905
  12. 1859Founded
    Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life…

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$18 086 today — price return only
$11.7B revenue in FY2025
8 000 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • High gross margin (51.9%)
  • Net cash position after subtracting debt from cash

Watch-outs

  • Revenue shrinking 22.1% year over year
  • Not profitable — 8.7% net margin
  • Thin interest coverage (0.5×)
  • Loss-making in 4 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

6 of 11 checks passed
  • Revenue growing-22.1% YoY
  • Profitable-$926M TTM
  • Profit growing-205.6% YoY
  • Generates cash$1.30B TTM
  • Debt under controlmore cash than debt
  • Established company$14.4B market cap
  • Not printing shares-33.8% shares over ~5y
  • Proven track record4/8 profitable years
  • Financially stablehealth score 28/100
  • Pays a dividendyield 2.58%
  • Valuation not extremeP/E 6.5
Peer comparisonEquitable Holdings, Inc. vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
EQH this company$14.4B6.5-22.1%-8.7%Strained
BRK.A Berkshire Hathaway Inc.$1.1T11.6+3.9%22.3%Mixed
BRK.B Berkshire Hathaway$1.1T11.6+0.0%18.0%Strong
JPM JPMorgan Chase & Co.$886.2B13.6+13.5%32.6%Strained
V VISA Inc.$723.9B31.9+14.4%50.8%Solid
MA Mastercard Incorporated$516.4B31.7+16.0%46.3%Mixed
BAC Bank of America Corporation$380.4B11.3+15.9%27.8%Mixed

Head-to-head: EQH vs BRK.A · EQH vs BRK.B · EQH vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 4Buy 12Hold 2

Appendix · Financial records

The full statements behind this CV, FY2018–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of EQH on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $52.92 · market cap $14.4B.