10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $11.7B | -$1.4B | 0.0% | 0.0% | — | $3.9B | $12.5B |
| 2024 | $12.4B | $1.3B | 0.0% | 0.0% | — | $3.8B | $7.0B |
| 2023 | $10.5B | $1.3B | 0.0% | 0.0% | — | $4.1B | $8.2B |
| 2022 | $12.6B | $2.1B | 0.0% | 0.0% | — | $4.1B | $4.3B |
| 2021 | $7.6B | $1.8B | 0.0% | 0.0% | — | $3.9B | $5.2B |
| 2020 | $12.4B | -$648M | 0.0% | 0.0% | — | $4.1B | $6.2B |
| 2019 | $9.6B | -$1.8B | 0.0% | 0.0% | — | $4.1B | $4.4B |
| 2018 | $12.1B | $1.9B | 0.0% | 0.0% | — | $5.0B | $4.5B |
| 2017 | $12.4B | $778M | 0.0% | 0.0% | — | $2.4B | $4.8B |
| 2016 | $11.8B | $1.3B | 0.0% | 0.0% | — | — | $5.7B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $4.2B | $621M | 0.0% | 0.0% | — | $3.8B | $9.9B |
| Dec '25 | $3.3B | $215M | 0.0% | 0.0% | — | $3.9B | $12.5B |
| Sep '25 | $1.4B | -$1.3B | 0.0% | 0.0% | — | $3.8B | $13.6B |
| Jun '25 | $2.4B | -$349M | 0.0% | 0.0% | — | $4.3B | $15.0B |
| Mar '25 | $4.6B | $63M | 0.0% | 0.0% | — | $4.3B | $8.2B |
| Dec '24 | $3.6B | $892M | 0.0% | 0.0% | — | $3.8B | $7.0B |
| Sep '24 | $3.1B | -$132M | 0.0% | 0.0% | — | $3.8B | $9.6B |
| Jun '24 | $3.5B | $428M | 0.0% | 0.0% | — | $3.8B | $9.7B |
| Mar '24 | $2.2B | $92M | 0.0% | 0.0% | — | $3.8B | $10.4B |
| Dec '23 | $2.1B | -$697M | 0.0% | 0.0% | — | $4.1B | $8.2B |
| Sep '23 | $3.6B | $1.0B | 0.0% | 0.0% | — | $3.8B | $6.1B |
| Jun '23 | $2.4B | $760M | 0.0% | 0.0% | — | $3.8B | $7.7B |
| Mar '23 | $2.4B | $177M | 0.0% | 0.0% | — | $4.6B | $5.0B |
| Dec '22 | $1.8B | $62M | 0.0% | 0.0% | — | $4.1B | $4.3B |
| Sep '22 | $3.0B | $594M | 0.0% | 0.0% | — | $4.1B | $4.1B |
| Jun '22 | $4.7B | $967M | 0.0% | 0.0% | — | $4.1B | $5.1B |
| Mar '22 | $3.1B | $530M | 0.0% | 0.0% | — | $4.0B | $5.7B |
| Dec '21 | $3.3B | $254M | 0.0% | 0.0% | — | $3.9B | $5.2B |
| Sep '21 | $3.6B | $672M | 0.0% | 0.0% | — | $3.8B | $5.3B |
| Jun '21 | $3.0B | $123M | 0.0% | 0.0% | — | $3.9B | $5.8B |
How the market has priced EQH against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Equitable Holdings, Inc.'s revenue has declined 1.2% per year. These are computed facts, not advice.
As of FY2025, Equitable Holdings, Inc. reported $3.9B of total debt against $12.5B of cash.
In FY2025, gross margin was —, operating margin —, and net margin -11.8%.
As of Jun '26, Equitable Holdings, Inc. traded at a price-to-earnings ratio of about 10.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.