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EQ

Equitable Holdings, Inc.

EQHFinancial ServicesNASDAQ

Asset Management

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Financials · Annual
Revenue
$11.66B
-6.1% YoY
Net Income
-$1.38B
-207.8% YoY
Free Cash Flow
-$9.29B

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About Equitable Holdings, Inc.

Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company carries a $11.41B market cap, placing it firmly in the large-cap category. The company operates through six segments: Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy.

Key stats
Market Cap$11.41B
Fwd P/E4.61
EPS$-2.85
Beta1.13
52W Change-24.4%
Dividend Yield2.74%
ROE-13.5%
Analysis

Equitable Holdings, Inc. holds $11.85B in cash against $7.23B in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$9.29B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of -13.5% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has been uneven over recent years, ranging from $7.61B to $11.66B.

The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Equitable Holdings, Inc. and its sector.

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