Equitable Holdings, Inc. (EQH) AI Stock Analysis

Equitable Holdings, Inc. operates across four primary business segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. Individual Retirement provides variable annuity products to affluent and high-net-worth clients. Group Retirement delivers tax-deferred retirement and investment services to educational entities, municipalities, not-for-profit organizations, and small to medium-sized businesses. The Investment Management and Research segment offers diversified investment strategies and research across institutional, retail, and private wealth channels. Protection Solutions provides life insurance products—including variable universal, indexed universal, and term life—along with disability, dental, and vision coverage for businesses.

Equitable Holdings generated $11.66B in revenue for FY2025, down 6.2% from $12.44B in FY2024, following a 5-year revenue CAGR of -1.2%. Profitability weakened in FY2025, with an operating margin of -10.2% and net income of -$1.38B, down from net income of $1.31B and an operating margin of 17.0% in FY2024. For the trailing twelve months, revenue reached $10.62B, with net profit margin at -8.7% and diluted EPS at -$3.37. In the latest quarter ended June 30, 2026, quarterly revenue fell 29.8% year-over-year, while quarterly earnings grew 1244.3%.

As of June 30, 2026, Equitable Holdings reported $58.60B in cash and short-term investments against total debt of $3.84B, leaving net cash of $54.76B. The company held total assets of $334.66B and a current ratio of 10.10, but posted negative shareholders' equity of -$785.0M. During FY2025, free cash flow totaled $679.0M from $713.0M in operating cash flow, with capital expenditures of $34.0M. Capital returns included $2.82B in share buybacks and $375.0M in dividends paid, contributing to a 31.2% reduction in share count over 5 years.

Equitable Holdings trades at a forward P/E of 5.8x and a price-to-sales ratio of 1.4x, both lower than the median of its US-listed Financial Services peers, which sit at 10.8x and 3.2x, respectively. The stock's price-to-book ratio is 164.1x, and its EV-to-revenue ratio is 0.5x. EQH posted a 1-year return of 15.7%, slightly below the 16.8% return for the S&P 500 (SPY), but outperformed over 5 years with an 88.6% gain compared to 83.0% for the index.

Equitable Holdings pays a quarterly dividend with an annualized forward payout of $1.14 per share, translating to a dividend yield of 2.14%. The company has paid dividends for 9 consecutive years and achieved a 5-year annualized dividend growth rate of 9.7%. Its payout ratio stands at 17.5%, and the last ex-dividend date was August 3, 2026.

Wall Street sentiment shows 9 Strong Buy, 2 Buy, and 1 Hold ratings, with no Sell or Strong Sell ratings. The mean price target of $64.00 implies upside of 20.3% over the last close of $53.21. For the fiscal year ending December 31, 2026, analysts estimate revenue of $15.55B and EPS of $7.14, representing 26.5% earnings growth. Over the last 4 quarters, the company beat EPS estimates 2 times. The next earnings date is November 2, 2026.

This page is an AI-written research summary of Equitable Holdings, Inc. (EQH). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EQH income statement, EQH balance sheet, EQH key metrics, EQH analyst forecast, EQH chart. See the EQH stock overview for the latest quote and news.