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UPDATED: Nov 25, 2025

Stock Analysis

EQH Logo
$45.53
$0.68 |1.52%
Day Range:
$44.62 - $45.55
Market Cap:
13.05B
P/E Ratio:
0.0000
Avg Value:
$49.00
Year Range:
$41.39 - $56.61
1
General Information
Equitable Holdings Inc is a financial services company in the U.S. The company provides variable annuities, tax-deferred investment and retirement plans, employee benefits, and protection solutions for individuals, families, and small businesses.

Its business segments include Individual Retirement, Group Retirement, Asset Management, Protection Solutions, Wealth Management, and Legacy. It generates the majority of its revenue from the Asset Management segment which provides diversified investment management and related solutions globally to a broad range of clients through three main client channels - Institutional, Retail, and Private Wealth.

2
Equitable Holdings (EQH) Stock Graph
3
How We Grade Equitable Holdings (EQH)

We grade stocks based on past performance, their future growth potential, intrinsic value, dividend history, and overall financial health.

The chart below shows how we grade Equitable Holdings (EQH) across the board compared to its closest peers.

4
Benzinga Edge Rankings

Benzinga Edge stock rankings give you four critical scores to help you identify the strongest and weakest stocks to buy and sell.

1.73

Growth measures a stock's combined historical expansion in earnings and revenue across multiple time periods, with emphasis on both long-term trends and recent performance.

Momentum measures a stock's relative strength based on its price movement patterns and volatility over multiple timeframes, ranked as a percentile against other stocks.

Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
5
Peer Ratings

See how Equitable Holdings compares to its peers in these key performance metrics from Benzinga Rankings.

Top Peers
Value
Quality
Growth
Momentum
Short
Medium
Long
CRBGCorebridge Financial
83.96
0
0
25.03
JXNJackson Finl
86.43
0
22.26
49.77
VOYAVoya Financial
83.5
10.21
30.87
31.4
ALRSAlerus Financial
0
28.05
74.93
39.42
Short: price trend over the last couple of months
Medium: price trend over the last couple of quarters
Long: price trend over the past year
Stock Score Locked: Want to See it?
Benzinga Rankings give you vital metrics on any stock – anytime.
6
Future Growth
Our estimate of future price growth is based on an aggregation of 5 analyst ratings over the past 3 months and their 12-month price targets.

Below, you can see that analysts are estimating a 12-month price target range of $61.00 - $65.00 with an average of $63.00

38.37%
Expected movement for Equitable Holdings (EQH) over the next 12 months
Based on these rankings

Recent Ratings for Equitable Holdings (EQH)

Wells Fargo
Date:
Nov 7, 2025
Action:
Maintains
Prev. Target:
$65.00
New Target:
$62.00
Keefe, Bruyette & Woods
Date:
Oct 9, 2025
Action:
Maintains
Prev. Target:
$64.00
New Target:
$65.00
Evercore ISI Group
Date:
Oct 9, 2025
Action:
Maintains
Prev. Target:
$63.00
New Target:
$64.00
Wells Fargo
Date:
Oct 8, 2025
Action:
Maintains
Prev. Target:
$63.00
New Target:
$65.00
Morgan Stanley
Date:
Oct 7, 2025
Action:
Maintains
Prev. Target:
$67.00
New Target:
$61.00
7
Dividend
There are few things we like to see when evaluating the quality of a company's dividend history and future

Ideally, we would like to see a company have a long history of consistently high dividend payouts that have grown at a consistent rate. From here we want to be confident that this sort of dividend growth and consistency will persist into the future.

The chart below shows the historical trend in Equitable Holdings (EQH) dividend yield on an annual basis.

-8.50%
Equitable Holdings (EQH) saw a decrease in it's dividend yield since 2021
8
Past Performance
How has Equitable Holdings (EQH) performed over the past 5 years?

The two main factors that we consider when analyzing past performance is overall return and volatility

Using these two metrics, we can determine if this stock gave its investors enough return for the risk that they took on by owning it. This is measured by the sharpe ratio, which has been used as a primary measure of risk/reward trade-off for almost 60 years.

This ratio can be interpreted as the amount of return an investor has received for the amount of risk that they took on by owning the stock over that timeframe.

Equitable Holdings (EQH) sharpe ratio over the past 5 years is 1.0012 which is considered to be above average compared to the peer average of 0.2005

9
Company Financials
INCOME STATEMENT
The income statement also known as the profit and loss statement, primarily focuses on the company's revenues and expenses during a particular period.

The main purpose of an income statement is to convey details of profitability and business activities. Below, is EQH's income statement for the previous four years along with its trailing-twelve- month profit & loss.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Revenue
11.04
14.02
10.53
12.44
12.01
Operating Revenue
11.04
14.02
10.53
12.44
12.01
Cost Of Revenue
0.00
0.00
0.00
0.00
0.00
Gross Profit
0.00
0.00
0.00
0.00
0.00
Operating Expense
0.00
0.00
0.00
0.00
0.00
Selling General And Administration
2.36
2.20
2.33
2.44
2.47
Research and Development
0.00
0.00
0.00
0.00
0.00
Operating Income
0.00
0.00
0.00
0.00
0.00
Net Non-Operating Interest Income Expense
-0.24
-0.20
-0.23
-0.23
-0.23
Other Income Expense
0.79
0.83
1.01
1.30
1.28
Other Non-Operating Income Expenses
0.00
0.00
0.00
0.00
0.00
Pre-Tax Income
-0.17
2.53
0.74
2.11
-0.34
Tax Provision
-0.14
0.50
-0.90
0.29
-0.01
Net Income
-0.44
1.79
1.30
1.31
-0.70
Net Income Common Stockholders
-0.52
1.71
1.22
1.23
-0.77
Total Operating Income As Reported
0.00
0.00
0.00
0.00
0.00
Total Expenses
11.21
11.49
9.79
10.33
12.35
Net Income From Continuing And Discontinued Operation
-0.44
1.79
1.30
1.31
-0.70
Normalized Income
-0.44
1.79
1.30
1.31
-0.70
Interest Income
0.00
0.00
0.00
0.12
0.08
Interest Expense
0.24
0.20
0.23
0.23
0.23
Net Interest Income
-0.24
-0.20
-0.23
-0.23
-0.23
EBIT
0.07
2.73
0.97
2.34
-0.11
EBITDA
0.00
0.00
0.00
0.00
0.00
Reconciled Cost Of Revenue
0.00
0.00
0.00
0.00
0.00
Reconciled Depreciation
0.50
0.81
0.81
0.86
0.87
Normalized EBITDA
0.00
0.00
0.00
0.00
0.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
0.10
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
0.00
BALANCE SHEET
The balance sheet is a snapshot of a companies financials during a particular period in time.

It breaks down what company owns (assets) and what a company owes (liabilities), in order to give investors an overview of its capital structure.

FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Total Assets
292.26
253.47
276.81
295.87
314.41
Current Assets
0.00
0.00
0.00
0.00
0.00
Total Non-Current Assets
0.00
0.00
0.00
0.00
0.00
Total Liabilities Net Minority Interest
278.70
249.62
271.66
292.30
312.46
Current Liabilities
0.00
0.00
0.00
0.00
0.00
Other Non-Current Liabilities
0.00
0.00
0.00
0.00
0.00
Total Equity Gross Minority Interest
13.56
3.85
5.16
3.57
1.95
Stockholders Equity
0.00
0.00
0.00
0.00
0.00
Total Capitalization
16.55
6.13
8.03
7.53
6.51
Common Stock Equity
9.96
0.10
1.09
0.08
-0.92
Net Tangible Assets
6.79
-3.82
-2.78
-3.79
-5.18
Working Capital
0.00
0.00
0.00
0.00
0.00
Invested Capital
15.08
5.33
6.72
6.03
5.44
Tangible Book Value
5.23
-5.39
-4.35
-5.29
-6.25
Total Debt
5.12
5.23
5.63
5.95
6.36
Net Debt
0.00
0.95
0.00
0.00
0.00
Share Issued
0.52
0.51
0.49
0.48
0.47
Ordinary Shares Number
0.39
0.37
0.33
0.31
0.29
CASH FLOW STATEMENTS
A companies statement of cash flows gives an investor a break down of the cash inflows and outflows from a companies operations and investment activities.
FISCAL YEAR (BIL.)
2021 ($)
2022 ($)
2023 ($)
2024 ($)
TTM ($)
Cash Flow from Continuing Operating Activities
-0.76
-0.85
-0.21
2.01
1.27
Net Income from Continuing Operations
-0.02
2.03
1.64
1.82
-0.33
Depreciation and Amortization
0.50
0.81
0.81
0.86
0.87
Deferred Tax
Deferred Income Tax
Stock-Based Compensation
0.23
0.29
0.23
0.29
0.27
Other Non-Cash Items
-3.64
-2.93
-3.89
-4.38
-2.85
Change in Working Capital
-2.11
-1.45
-3.78
-1.29
-2.46
Change in Receivables
-1.08
-1.11
-1.47
-0.87
-1.06
Changes in Account Receivables
-1.08
-1.11
-1.47
-0.87
-1.06
Change in Inventory
Change in Payables and Accrued Expense
Change in Payable
Change in Account Payable
Change in Other Current Assets
Change in Other Current Liabilities
Change in Other Working Capital
-0.11
0.47
-2.31
-0.01
-0.38
Cash Flow from Continuing Investing Activities
-12.69
-7.49
-4.85
-15.85
-14.02
Net PPE Purchase and Sale
Net Business Purchase and Sale
0.04
Purchase of Business
Net Investment Purchase and Sale
-10.89
-4.31
-2.77
-14.35
-10.67
Purchase of Investment
-51.34
-21.33
-18.03
-28.08
-30.13
Sale of Investment
40.44
17.02
15.26
13.73
19.46
Net Other Investing Changes
-1.04
-0.52
-0.16
0.64
-0.32
Financing Cash Flow
12.51
7.65
9.00
12.44
16.77
Cash Flow from Continuing Financing Activities
12.51
7.65
9.00
12.44
16.77
Net Issuance Payments of Debt
0.61
-0.06
0.90
-0.04
1.02
Net Long-Term Debt Issuance
0.59
-0.04
0.90
-0.04
0.77
Long-Term Debt Issuance
0.87
0.90
0.60
2.24
Long-Term Debt Payments
-0.28
-0.04
-1.47
Net Short-Term Debt Issuance
0.02
-0.02
0.25
Net Common Stock Issuance
-1.64
-0.85
-0.92
-1.01
-1.43
Common Stock Issuance
Common Stock Payments
-1.64
-0.85
-0.92
-1.01
-1.43
Cash Dividends Paid
-0.38
-0.37
-0.38
-0.38
-0.39
Net Other Financing Charges
13.62
8.93
9.29
13.91
18.11
End Cash Position
23.00
19.24
27.05
36.58
43.69
Changes in Cash
-0.93
-0.69
3.94
-1.41
4.02
Beginning Cash Position
23.99
20.15
23.09
37.86
39.66
Capital Expenditure
-0.12
-0.12
-0.15
-0.08
Issuance of Capital Stock
0.29
Issuance of Debt
0.87
0.90
0.60
2.24
Repayment of Debt
-0.28
-0.04
-0.64
-1.47
Repurchase of Capital Stock
-1.64
-0.85
-0.92
-1.07
-1.93
Free Cash Flow
-0.88
-1.02
-0.32
1.85
1.19