Equitable Holdings financials
$52.19−0.23%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.66B | $12.43B | $10.46B | $12.64B | $7.61B | $12.41B | $9.62B | $12.07B |
| Gross profit | $6.35B | $7.13B | $5.39B | $9.57B | $9.09B | $5.74B | $3.99B | $8.05B |
| Gross margin | 54.4% | 57.4% | 51.5% | 75.7% | 119.4% | 46.2% | 41.5% | 66.7% |
| Operating income | -$969.0M | $2.30B | $942.0M | $3.78B | $3.40B | $720.0M | -$1.24B | $3.09B |
| Net income | -$1.44B | $1.20B | $1.20B | $2.07B | $1.68B | -$701.0M | -$1.76B | $1.85B |
| Net margin | −12.4% | 9.7% | 11.5% | 16.4% | 22.0% | −5.6% | −18.3% | 15.4% |
| Diluted EPS | $-4.83 | $3.69 | $3.42 | $5.46 | $3.98 | $-1.56 | $-3.57 | $3.33 |
| EBITDA | -$97.0M | $3.17B | $1.76B | $4.42B | $3.92B | $2.48B | -$567.0M | $3.39B |
| Operating cash flow | $714.0M | $2.01B | -$208.0M | -$250.0M | -$193.0M | -$728.0M | -$216.0M | -$777.0M |
| Free cash flow | $680.0M | $1.85B | -$325.0M | -$417.0M | -$193.0M | -$835.0M | -$309.0M | -$900.0M |
| Diluted shares | 298.1M | 324.8M | 351.6M | 379.9M | 421.2M | 450.4M | 493.6M | 556.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $12.46B | $6.96B | $8.24B | $4.28B | $5.19B | $6.18B |
| Short-term investments | $137.04B | $135.22B | $128.12B | $116.38B | $148.81B | $137.70B |
| Total debt | $6.56B | $5.95B | $5.63B | $5.23B | $3.93B | $4.43B |
| Total assets | $317.99B | $295.73B | $276.81B | $252.70B | $292.26B | $275.40B |
| Total liabilities | $316.20B | $292.18B | $271.66B | $249.11B | $278.70B | $258.08B |
| Shareholders' equity | $1.79B | $3.55B | $5.16B | $3.60B | $13.10B | $17.18B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology