Equitable Holdings, Inc. - Understand $eqh stock

$EQH Market Cap: $14.95 Billion

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Financial Snapshot

Revenue

$15.09B

TTM

Gross Margin

62.54%

TTM

Net Earnings

-$356.0M

TTM

Current Assets

$20.25B

Q3 2024

Current Liabilities

$13.34B

Q3 2024

Current Ratio

151.83%

Q3 2024

Total Assets

$299.0B

Q3 2024

Total Liabilities

$292.8B

Q3 2024

Book Value

$6.198B

Q3 2024

Cash

$9.579B

Q3 2024

P/E

-42.00

Nov 29, 2024 EST

Free Cash Flow

$1.052B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$14.73B	$14.02B	$11.04B	$12.42B	$9.619B	$12.07B	$12.43B	$11.76B	$11.51B	$12.32B
YoY Change	5.1%	27.01%	-11.11%	29.07%	-20.3%	-2.9%	5.67%	2.16%	-6.51%	3.67%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	$14.73B	$14.02B	$11.04B	$12.42B	$9.619B	$12.07B	$12.43B	$11.76B	$11.51B	$12.32B
Cost Of Revenue	$6.502B	$3.385B	$3.218B	$5.326B	$4.385B	$2.856B	$4.380B	$3.342B	$6.037B	$6.904B
Gross Profit	$8.230B	$10.63B	$7.818B	$7.089B	$5.234B	$9.213B	$8.050B	$8.421B	$5.477B	$5.412B
Gross Profit Margin	55.86%	75.85%	70.84%	57.1%	54.41%	76.34%	64.76%	71.59%	47.57%	43.94%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Selling, General & Admin	$2.328B	$2.199B	$2.360B	$2.096B	$2.081B	$2.079B	$1.980B	$1.965B	$2.165B	$2.109B
YoY Change	5.87%	-6.82%	12.6%	0.72%	0.1%	5.0%	0.76%	-9.24%	2.66%	-4.79%
% of Gross Profit	28.29%	20.68%	30.19%	29.57%	39.76%	22.57%	24.6%	23.33%	39.53%	38.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$812.0M	$542.0M	$393.0M	$1.613B	$675.0M	$296.0M	$386.0M	$779.0M	$9.000M	$353.0M
YoY Change	49.82%	37.91%	-75.64%	138.96%	128.04%	-23.32%	-50.45%	8555.56%	-97.45%
% of Gross Profit	9.87%	5.1%	5.03%	22.75%	12.9%	3.21%	4.8%	9.25%	0.16%	6.52%
Operating Expenses	$4.867B	$4.930B	$4.862B	$5.409B	$4.568B	$4.260B	$4.523B	$4.232B	$3.462B	$3.297B
YoY Change	-1.28%	1.4%	-10.11%	18.41%	7.23%	-5.81%	6.88%	22.24%	5.0%	-19.13%
Operating Profit	$3.363B	$5.702B	$2.956B	$1.680B	$666.0M	$4.953B	$3.527B	$4.189B	$2.015B	$2.115B
YoY Change	-41.02%	92.9%	75.95%	152.25%	-86.55%	40.43%	-15.8%	107.89%	-4.73%	6.76%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Interest Expense	-$2.625B	$201.0M	$244.0M	$200.0M	$221.0M	$231.0M	$160.0M	$174.0M	-$1.529B	$440.0M
YoY Change	-1405.97%	-17.62%	22.0%	-9.5%	-4.33%	44.38%	-8.05%	-111.38%	-447.5%	-111.39%
% of Operating Profit	-78.06%	3.53%	8.25%	11.9%	33.18%	4.66%	4.54%	4.15%	-75.88%	20.8%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Pretax Income	$738.0M	$2.525B	-$169.0M	-$1.093B	-$2.060B	$2.300B	$1.200B	$1.908B	$441.0M	$2.427B
YoY Change	-70.77%	-1594.08%	-84.54%	-46.94%	-189.57%	91.67%	-37.11%	332.65%	-81.83%	-223.64%
Income Tax	-$905.0M	$499.0M	-$145.0M	-$744.0M	-$593.0M	$301.0M	$42.00M	$378.0M	-$217.0M	$477.0M
% Of Pretax Income	-122.63%	19.76%				13.09%	3.5%	19.81%	-49.21%	19.65%
Net Earnings	$1.222B	$1.785B	-$439.0M	-$648.0M	-$1.764B	$1.855B	$778.0M	$1.254B	$333.0M	$1.630B
YoY Change	-31.54%	-506.61%	-32.25%	-63.27%	-195.09%	138.43%	-37.96%	276.58%	-79.57%	-216.68%
Net Earnings / Revenue	8.29%	12.73%	-3.98%	-5.22%	-18.34%	15.37%	6.26%	10.66%	2.89%	13.23%
Basic Earnings Per Share	$3.49	$4.52	-$1.24	-$1.56	-$3.57	$3.33	$1.39	$2.24
Diluted Earnings Per Share	$3.48	$4.49	-$1.24	-$1.56	-$3.57	$3.33	$1.39	$2.24	$593.6K	$2.906M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$8.239B	$4.281B	$5.188B	$6.179B	$4.405B	$4.469B	$4.814B	$5.654B	$6.557B
YoY Change	92.46%	-17.48%	-16.04%	40.27%	-1.43%	-7.17%	-14.86%	-13.77%
Cash & Equivalents	$8.239B	$4.281B	$5.188B	$6.179B	$4.405B	$4.469B	$4.814B	$5.654B	$6.557B
Short-Term Investments
Other Short-Term Assets	$868.0M	$1.522B	$1.504B	$1.753B	$1.095B	$1.170B	$825.0M		$565.0M
YoY Change	-42.97%	1.2%	-14.2%	60.09%	-6.41%	41.82%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$19.30B	$25.34B	$22.47B	$14.72B	$12.08B	$12.74B	$12.82B	$12.97B	$14.36B
YoY Change	-23.86%	12.8%	52.61%	21.87%	-5.21%	-0.6%	-1.19%	-9.68%
Property, Plant & Equipment	$516.0M	$520.0M	$637.0M	$691.0M
YoY Change	-0.77%	-18.37%	-7.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$98.02B	$89.06B	$101.1B	$105.0B	$89.61B	$77.50B	$77.57B	$68.41B	$60.45B
YoY Change	10.05%	-11.89%	-3.7%	17.15%	15.62%	-0.09%	13.4%	13.16%
Other Assets	$7.357B	$8.772B	$7.070B	$4.777B	$6.799B	$6.762B	$5.949B	$7.054B	$6.234B
YoY Change	-16.13%	24.07%	48.0%	-29.74%	0.55%	13.67%	-15.66%	13.15%
Total Long-Term Assets	$257.5B	$228.1B	$269.8B	$260.7B	$237.7B	$208.1B	$222.8B	$203.6B	$191.2B
YoY Change	12.88%	-15.45%	3.5%	9.65%	14.27%	-6.62%	9.41%	6.5%
Total Assets	$276.8B	$253.5B	$292.3B	$275.4B	$249.8B	$220.8B	$235.6B	$216.6B	$205.6B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$579.0M	$618.0M	$768.0M	$855.0M
YoY Change	-6.31%	-19.53%	-10.18%
Deferred Revenue
YoY Change
Short-Term Debt	$1.813B	$1.909B	$1.283B	$313.0M	$0.00	$1.119B	$3.744B	$4.849B	$5.303B
YoY Change	-5.03%	48.79%	309.9%		-100.0%	-70.11%	-22.79%	-8.56%
Long-Term Debt Due	$7.168B	$6.130B	$5.353B	$5.634B	$4.608B	$1.490B	$500.0M	$874.0M
YoY Change	16.93%	14.52%	-4.99%	22.27%	209.26%	198.0%	-42.79%
Total Short-Term Liabilities	$14.44B	$14.23B	$13.67B	$13.79B	$9.785B	$7.641B	$8.692B	$10.13B	$8.963B
YoY Change	1.51%	4.1%	-0.9%	40.95%	28.06%	-12.09%	-14.2%	13.03%
Long-Term Debt	$10.55B	$5.693B	$11.85B	$7.321B	$6.403B	$6.909B	$9.673B	$4.617B	$5.014B
YoY Change	85.33%	-51.95%	61.84%	14.34%	-7.32%	-28.57%	109.51%	-7.92%
Other Long-Term Liabilities	$246.7B	$229.7B	$253.2B	$237.0B	$218.2B	$190.6B	$200.1B	$186.9B	$178.0B
YoY Change	7.39%	-9.28%	6.84%	8.59%	14.47%	-4.74%	7.09%	4.98%
Total Long-Term Liabilities	$257.2B	$235.4B	$265.0B	$244.3B	$224.6B	$197.5B	$209.8B	$191.5B	$183.0B
YoY Change	9.27%	-11.19%	8.49%	8.75%	13.71%	-5.84%	9.55%	4.62%
Total Liabilities	$274.2B	$251.8B	$280.7B	$259.8B	$236.4B	$206.9B	$222.2B	$205.2B	$195.1B
YoY Change	8.88%	-10.31%	8.05%	9.93%	14.22%	-6.87%	8.27%	5.18%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	350.1M shares	377.6M shares	417.4M shares	450.4M shares	493.6M shares	556.4M shares	561.0M shares	561.0M shares
Diluted Shares Outstanding	351.6M shares	379.9M shares	417.4M shares	450.4M shares	493.6M shares	556.5M shares	561.0M shares	561.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $14.952 Billion

About Equitable Holdings, Inc.

Equitable Holdings, Inc. engages in the provision of financial services. The company is headquartered in New York City, New York and currently employs 8,500 full-time employees. The company went IPO on 2018-05-10. The Company’s segments include Individual Retirement, Group Retirement, Investment Management and Research, Protection Solutions, Wealth Management and Legacy. The Individual Retirement segment offers a diverse suite of variable annuity products which are primarily sold to affluent and high-net-worth individuals. The Group Retirement segment offers tax-deferred investment and retirement services or products. The Investment Management & Research segment provides diversified investment management, research, and related solutions globally. The Protection Solutions segment includes its life insurance and group employee benefits businesses. The Wealth Management segment offers discretionary and non-discretionary investment advisory accounts, financial planning and advice, life insurance, and annuity products. Legacy segment primarily consists of its capital-intensive fixed-rate GMxB business.

Industry: Insurance Agents, Brokers & Service Peers: ALERUS FINANCIAL CORP Apollo Global Management, Inc. Voya Financial, Inc. Jackson Financial Inc. SOURCE CAPITAL INC /DE/