Equitable Holdings, Inc.
EQH · Price history
Price at last available close
$54.59
+$2.40 (+4.60%) 1M
2026-10-28
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Company & revenue
About Equitable Holdings, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Equitable Holdings, Inc. operates as a global, diversified financial services enterprise, delivering its offerings through four primary divisions. The Individual Retirement segment focuses on providing variable annuity products predominantly to high-net-worth individuals. Its Group Retirement segment supplies tax-advantaged investment and retirement plans to a variety of organizations, including educational institutions, municipalities, non-profit entities, and small to mid-sized businesses.
How they make money
Equitable Holdings operates as a financial services holding company that generates revenue primarily through fees for asset management, investment advisory services, and insurance premiums. The company earns income by managing assets for institutional and individual clients, providing retirement and protection products, and offering wealth management services through its subsidiaries.
Products & services
Retirement products, life insurance, annuity products, active asset management services, and wealth management advisory services.
Brands & revenue mix
Core brand for retirement, income, and protection products.
Separate brand revenue is not available in this research.Source
Global asset management brand.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer concentration
No single distribution firm, other than Equitable Advisors, contributed more than 10% of sales in 2025.
Suppliers, materials & equipment
No supplier relationships were confirmed in the sources reviewed. This does not mean the company has no suppliers.
Business relationships & partnerships
- RGA (Reinsurance Group of America) — A reinsurance transaction partner that assumed individual life insurance risks, allowing Equitable to free up capital.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
33
Poor
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
41
Weak
Financial Strength
37
Business Quality / Moat
37
Management
77
Growth Quality
15
Risk / Durability
29
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
38
Avoid
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
47/100
Building Historical Record
Model Score 47/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.
At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.
The model outlook is currently cautious.
- •Recent buyback activity is present
- •Debt service risk
- •M&A headline · Sep 26, 2026
- •Valuation is a weaker part of the current profile
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for EQH
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •What is driving EQH's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
- •Is EQH's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •How is EQH likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •What specifically needs to improve for EQH to reach sustainable profitability?
- •What future growth or profitability would be needed to justify EQH's current valuation?
Essential Investment Snapshot
Wall Street Score
33
Opportunity Score
38
Market Cap
$14.90B
P/E Ratio
-15.7
EPS
$-3.27
52-Week High
$55.06
52-Week Low
$35.20
Beta
1.09
Analyst Target
$64.00
Shares Outstanding
298.1M
Total Revenue
$10.62B
Total Debt
$3.84B
Dividend Yield (TTM)
2.09%
Liquidation Value / Share
$4.10
Dividend / Share (TTM)
$1.14
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Neutral / mixed momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for EQH
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
Debt service risk
Interest coverage is low (~-5.3x). Earnings may be strained to cover interest expense.
M&A headline · Sep 26, 2026
Equitable Highlights Growth, Corebridge Merger Plans at Annual Meeting — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
MarketBeatCommunity Sentiment
0 active · 0 total callsNo personal call yet on EQH.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Diversified business model across retirement, asset management, and wealth management.
- +Significant scale with $1.1 trillion in assets under management and administration.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Asset Management industry.
- −Market volatility affecting assets under management and fee revenue.
- −Interest rate fluctuations impacting insurance product profitability.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
33
Sep 21, 2026
Change
+0.1
points
Current Score
33
Oct 1, 2026
Category Changes
EQH increased 0.1 points because overall fundamentals improved.
Projected Score
Projected Score
37
Projected Change
+3.6 points
Preliminary comparable-period financial changes suggest improvement of approximately 3.6 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
Valuation unavailableCurrent Price
$54.59
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.62B | $11.66B | $12.44B | $10.53B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $2.90B | $2.43B | $5.84B | $5.34B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $7.71B | $9.23B | $6.60B | $5.19B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $601.0M | $0.00 | $2.44B | $2.33B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $8.32B | $10.43B | $4.49B | $4.45B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $493.0M | -$97.0M | $3.20B | $1.78B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | -$610.0M | -$1.19B | $2.11B | $738.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $226.0M | $224.0M | $226.0M | $228.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | -$610.0M | -$1.19B | $2.11B | $738.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | -$84.0M | -$156.0M | $288.0M | -$905.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | -$926.0M | -$1.38B | $1.31B | $1.30B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $-3.27 | $-4.83 | $3.82 | $3.49 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 278M | 298M | 321M | 350M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 278M | 298M | 325M | 352M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$1.66B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$1.67
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-43.6%
Cash Change
+14.9%
Margin Change
-12.5 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Cash position grew
- Debt reduced
What Weakened
- Margins contracted
Potential Score Impact
Positive indicators included EPS growth, cash levels, debt levels. Pressure indicators included revenue growth, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 29.8%. EPS increased 38.0%. Cash increased 14.9%. Total debt declined 43.6%. Net income margin declined by 12.5 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
44
Smart Money
44
Number of Gurus
3
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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News
Equitable Holdings, Inc. (EQH) Reports Next Week: Wall Street Expects Earnings Growth
Why Equitable Holdings, Inc. (EQH) is a Top Dividend Stock for Your Portfolio
Equitable Holdings Schedules Announcement of Third Quarter 2026 Results
Can Fee-Based Businesses Lift Equitable Holdings' Earnings Mix?
Rumor Mill · EQH
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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