What is Equitable Holdings, Inc.'s earnings per share (EPS)?

Equitable Holdings, Inc. (EQH) reported diluted earnings per share of -$4.83 for fiscal year 2025. This represents a -230.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Equitable Holdings, Inc. (EQH) Financials

EQH

Trailing 12 months to June 30, 2026

Revenue $10.6B -22.1% YoY

Net Income $454.0M +156.3% YoY

EPS (Diluted) -$3.41 -394.0% YoY

Operating Cash Flow $1.4B -14.2% YoY

Market Cap $14.4B as of Oct 3, 2026

Price / Sales 1.4x on $10.6B revenue, trailing 12 months to June 30, 2026

Price / Earnings 31.6x on $454.0M net income, trailing 12 months to June 30, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the EQH SEC filings page.

Equitable Holdings, Inc. (EQH) reported $10.6B in revenue over the twelve months to Jun 30, 2026, down 22.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI EQH FY2025 2026-10-04

Equitable Holdings is an asset-heavy financial business whose balance sheet, not operating margins, explains how it works.

By FY2025, operating cash flow had fallen to $714M from $2.0B in FY2024 even as assets reached $318.0B. That combination suggests reported cash generation is modest relative to the balance sheet supporting the business, making capital structure and investment flows more informative than conventional profitability ratios.

Liabilities consume nearly the entire asset base: FY2025 liabilities were $316.2B against $318.0B of assets, leaving negative equity of -$74M. The reported debt-to-equity ratio of -51.8x is therefore not evidence of negative debt; it is mathematically distorted by the negative equity denominator.

The business required substantial balance-sheet movement beyond internally generated cash: FY2025 investing cash flow was -$11.0B, while financing cash flow was $15.7B. Alongside $1.5B of share repurchases and $314M of dividends, this points to a financing- and investment-driven operating model rather than one explained by cash flow alone.

Financial Health Signals

Financial health score not available

Equitable Holdings, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/7

Equitable Holdings, Inc. passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Equitable Holdings, Inc. reported a net loss of $1K while generating $714.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.7B

YoY-29.8%

QoQ-60.8%

Equitable Holdings, Inc. generated $1.7B in revenue in Q2 2026. This represents a decrease of 29.8% from the same quarter a year earlier. Against the prior quarter it is down 60.8%.

Net Income

-$453.0M

YoY-29.8%

QoQ-172.9%

Equitable Holdings, Inc. reported -$453.0M in net income in Q2 2026. This represents a decrease of 29.8% from the same quarter a year earlier. Against the prior quarter it is down 172.9%.

EPS (Diluted)

-$1.68

YoY-38.8%

QoQ-178.5%

Equitable Holdings, Inc. earned -$1.68 per diluted share (EPS) in Q2 2026. This represents a decrease of 38.8% from the same quarter a year earlier. Against the prior quarter it is down 178.5%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$17.2B

YoY+14.9%

QoQ+73.5%

5Y CAGR+24.4%

Equitable Holdings, Inc. held $17.2B in cash against $3.8B in long-term debt as of Q2 2026.

Dividends Per Share

$0.30

YoY+11.1%

QoQ+11.1%

5Y CAGR+10.8%

Equitable Holdings, Inc. paid $0.30 per share in dividends in Q2 2026. This represents an increase of 11.1% from the same quarter a year earlier. Against the prior quarter it is up 11.1%.

Shares Outstanding

273M

YoY-8.8%

QoQ-3.0%

5Y CAGR-7.9%

Equitable Holdings, Inc. had 273M shares outstanding in Q2 2026. This represents a decrease of 8.8% from the same quarter a year earlier. Against the prior quarter it is down 3.0%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin

-27.3%

YoY-12.5pp

QoQ-42.0pp

Equitable Holdings, Inc.'s net profit margin was -27.3% in Q2 2026, showing the share of revenue converted to profit. This is down 12.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 42.0 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$366.0M

YoY+55.7%

QoQ+149.0%

Equitable Holdings, Inc. spent $366.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 55.7% from the same quarter a year earlier. Against the prior quarter it is up 149.0%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

EQH Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

EQH quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$10.6B	$11.7B-6.1%	$12.4B+18.8%	$10.5B-17.3%	$12.6B+66.1%	$7.6B-38.7%	$12.4B+29.1%	$9.6B-20.3%	$12.1B-2.9%	$12.4B+5.7%	$11.8B
SG&A Expenses	$2.5B	$2.4B-0.7%	$2.5B+5.5%	$2.3B+6.1%	$2.2B-7.3%	$2.4B+12.7%	$2.1B+0.7%	$2.1B+0.1%	$2.1B+5.0%	$2.0B+0.8%	$2.0B
Interest Expense	$226.0M	$224.0M-0.9%	$226.0M-0.9%	$228.0M+13.4%	$201.0M-17.6%	$244.0M+22.0%	$200.0M-9.5%	$221.0M-4.3%	$231.0M+44.4%	$160.0M-8.0%	$174.0M
Income Tax	-$84.0M	-$156.0M-155.7%	$280.0M+130.8%	-$910.0M-253.2%	$594.0M+35.3%	$439.0M+159.0%	-$744.0M-25.5%	-$593.0M-297.0%	$301.0M+616.7%	$42.0M-88.9%	$378.0M
Net Income	$454.0M	-$1K-205.6%	$1K+0.4%	$1K-39.5%	$2K+22.7%	$2K+100.0%	-$648.0M+63.3%	-$1.8B-195.1%	$1.9B+138.4%	$778.0M-38.0%	$1.3B
EPS (Basic)	N/A	-$4.83-229.1%	$3.74+8.7%	$3.44-37.0%	$5.46+35.8%	$4.02+357.7%	-$1.56+56.3%	-$3.57-207.2%	$3.33+139.6%	$1.39-37.9%	$2.24
EPS (Diluted)	-$3.41	-$4.83-230.9%	$3.69+7.9%	$3.42-36.9%	$5.42+36.2%	$3.98	-$1.56+56.3%	-$3.57-207.2%	$3.33+139.6%	$1.39-37.9%	$2.24
Diluted Shares (Avg)	N/A	298M-8.2%	325M-7.6%	352M-7.4%	380M-9.8%	421M	450M-8.8%	494M-11.3%	557M-0.8%	561M0.0%	561M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.7B-29.8%	$4.2B-7.6%	$3.3B-9.3%	$1.4B-52.8%	$2.4B-32.6%	$4.6B+105.2%	$3.6B+71.6%	$3.1B-15.4%
SG&A Expenses	$642.0M+8.4%	$625.0M+4.0%	$640.0M-6.3%	$601.0M+5.3%	$592.0M+2.6%	$601.0M-3.1%	$683.0M+17.4%	$571.0M-3.7%
Interest Expense	$56.0M-8.2%	$62.0M+12.7%	$47.0M-9.6%	$61.0M+10.9%	$61.0M-1.6%	$55.0M-3.5%	$52.0M-8.8%	$55.0M0.0%
Income Tax	-$140.0M-75.0%	$156.0M+550.0%	$33.0M-81.6%	-$133.0M-241.0%	-$80.0M-169.0%	$24.0M0.0%	$179.0M+178.5%	-$39.0M-111.6%
Net Income	-$453.0M-29.8%	$621.0M+885.7%	$1.6B+511.1%	-$1.3B-891.7%	-$349.0M-181.5%	$63.0M-31.5%	-$388.0M+80.5%	-$132.0M-112.6%
EPS (Basic)	-$1.68-38.8%	$2.16+1250.0%	$0.60-77.9%	-$4.47-871.7%	-$1.21-197.6%	$0.16-33.3%	$2.71+236.2%	-$0.46-115.4%
EPS (Diluted)	-$1.68-38.8%	$2.14+1237.5%	$0.60-77.5%	-$4.47-871.7%	-$1.21-198.4%	$0.16-30.4%	$2.67+234.2%	-$0.46-115.5%
Diluted Shares (Avg)	278M-8.2%	284M-9.0%	N/A	296M-6.9%	303M-7.4%	312M-6.3%	N/A	318M-8.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

EQH Balance Sheet

EQH quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$318.0B+7.5%	$295.7B+6.9%	$276.7B+9.5%	$252.7B-14.5%	$295.7B+7.4%	$275.4B+10.2%	$249.8B+13.2%	$220.8B-6.3%	$235.6B	N/A
Cash & Equivalents	$12.5B+78.9%	$7.0B-15.5%	$8.2B+92.5%	$4.3B-17.5%	$5.2B-16.0%	$6.2B+40.3%	$4.4B-1.4%	$4.5B-7.2%	$4.8B-14.9%	$5.7B
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$4.6B0.0%	$4.6B-7.5%	$4.9B
Total Liabilities	$316.2B+8.2%	$292.2B+7.6%	$271.6B+9.0%	$249.1B-12.1%	$283.3B+9.8%	$258.1B+10.1%	$234.4B+14.2%	$205.2B-6.1%	$218.5B	N/A
Long-Term Debt	$3.8B+0.1%	$3.8B+0.3%	$3.8B+15.0%	$3.3B-13.5%	$3.8B	N/A	N/A	N/A	N/A	N/A
Total Equity	-$74.0M-104.7%	$1.6B-40.6%	$2.6B+88.2%	$1.4B-86.5%	$10.4B-33.5%	$15.6B+15.8%	$13.5B-2.5%	$13.8B+2.8%	$13.4B-18.7%	$16.5B
Retained Earnings	$8.4B-21.3%	$10.6B+3.7%	$10.3B+4.3%	$9.8B+16.8%	$8.4B-21.4%	$10.7B-8.9%	$11.7B-15.7%	$13.9B+14.0%	$12.2B	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$334.7B+10.4%	$310.4B+8.0%	$318.0B+7.5%	$314.4B+5.2%	$303.1B+5.4%	$287.4B+0.7%	$295.7B+6.9%	$298.8B+14.8%
Cash & Equivalents	$17.2B+14.9%	$9.9B+21.3%	$12.5B+78.9%	$13.6B+42.0%	$15.0B+54.5%	$8.2B-21.2%	$7.0B-15.5%	$9.6B+57.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$333.4B+11.1%	$308.1B+8.9%	$316.2B+8.2%	$312.5B+6.8%	$300.1B+6.0%	$282.9B+0.8%	$292.2B+7.6%	$292.7B+14.2%
Long-Term Debt	$3.8B-11.4%	$3.8B-11.4%	$3.8B+0.1%	$3.8B+0.1%	$4.3B+13.1%	$4.3B+13.3%	$3.8B+0.3%	$3.8B+0.3%
Total Equity	-$785.0M-168.3%	$273.0M-88.6%	-$74.0M-104.7%	$148.0M-95.4%	$1.1B-28.1%	$2.4B+20.5%	$1.6B-40.6%	$3.2B+94.9%
Retained Earnings	$8.2B-16.6%	$8.8B-16.0%	$8.4B-21.3%	$8.4B-16.1%	$9.9B-4.2%	$10.4B+3.5%	$10.6B+3.7%	$10.0B-10.7%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities.

EQH Cash Flow Statement

EQH quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$1.4B	$714.0M-64.4%	$2.0B+1064.4%	-$208.0M+16.8%	-$250.0M-29.5%	-$193.0M-216.4%	-$61.0M+71.8%	-$216.0M-454.1%	$61.0M+125.1%	-$243.0M-3.0%	-$236.0M
Depreciation & Amortization	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$675.0M+128.0%	$296.0M-23.3%	$386.0M	N/A
Stock-Based Compensation	N/A	$262.0M-16.3%	$313.0M+6.5%	$294.0M-10.4%	$328.0M+19.7%	$274.0M+8.7%	$252.0M-8.7%	$276.0M+21.1%	$228.0M-7.7%	$247.0M+16.0%	$213.0M
Investing Cash Flow	-$12.4B	-$11.0B+30.8%	-$15.9B-226.8%	-$4.9B+35.2%	-$7.5B+41.0%	-$12.7B-62.2%	-$7.8B+7.9%	-$8.5B-314.6%	-$2.0B+78.9%	-$9.7B-68.0%	-$5.8B
Financing Cash Flow	$13.2B	$15.7B+26.3%	$12.4B+38.2%	$9.0B+27.8%	$7.0B-41.0%	$11.9B+23.5%	$9.7B+11.1%	$8.7B+426.0%	$1.7B-81.8%	$9.1B+77.5%	$5.1B
Dividends Paid	$317.0M	$314.0M+4.0%	$302.0M+0.3%	$301.0M+2.4%	$294.0M-0.7%	$296.0M-0.3%	$297.0M+4.2%	$285.0M+81.5%	$157.0M	$0	$0
Share Buybacks	$1.5B	$1.4B+43.0%	$1.0B+10.3%	$919.0M+8.2%	$849.0M-48.1%	$1.6B+280.7%	$430.0M-68.1%	$1.4B+108.3%	$648.0M	$0	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$643.0M+88.6%	$499.0M+215.8%	-$154.0M-138.5%	$369.0M-46.0%	$341.0M-61.8%	$158.0M+409.7%	$400.0M+201.8%	$683.0M+66.2%
Investing Cash Flow	-$2.2B+14.1%	-$3.0B-146.5%	-$2.5B+55.1%	-$4.8B-99.3%	-$2.5B+52.0%	-$1.2B+55.3%	-$5.5B-4913.9%	-$2.4B+2.3%
Financing Cash Flow	$8.8B-1.6%	-$96.0M-104.3%	$1.5B-41.4%	$3.1B+92.8%	$8.9B+165.8%	$2.2B-54.9%	$2.5B+6.8%	$1.6B+236.8%
Dividends Paid	$83.0M+1.2%	$76.0M+2.7%	$77.0M+2.7%	$81.0M+6.6%	$82.0M+5.1%	$74.0M+1.4%	$75.0M+1.4%	$76.0M-1.3%
Share Buybacks	$366.0M+55.7%	$147.0M-43.9%	$277.0M+6.5%	$676.0M+166.1%	$235.0M-4.9%	$262.0M+3.6%	$260.0M+7.9%	$254.0M+6.7%

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

EQH Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

EQH quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Net Margin	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%+5.2pp	-5.2%+13.1pp	-18.3%-33.7pp	15.4%+9.1pp	6.3%-4.4pp	10.7%
Return on Equity	N/A	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%+4.2pp	-4.2%+8.9pp	-13.1%-26.5pp	13.4%+7.6pp	5.8%-1.8pp	7.6%
Return on Assets	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%0.0pp	0.0%+0.2pp	-0.2%+0.5pp	-0.7%-1.6pp	0.8%+0.5pp	0.3%	N/A
Debt-to-Equity	N/A	2.45+1.0x	1.45-0.9x	2.37+2.0x	0.37-16.2x	16.57-0.9x	17.42+2.6x	14.87-1.4x	16.28	N/A
Asset Turnover	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.030.0x	0.050.0x	0.040.0x	0.050.0x	0.05	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	-27.3%-12.5pp	14.7%+13.3pp	48.7%+59.4pp	-90.3%-86.0pp	-14.8%-27.0pp	1.4%-2.8pp	-10.7%+83.5pp	-4.3%-33.1pp
Return on Equity	N/A	227.5%+224.8pp	N/A	-884.5%-880.3pp	-30.4%-57.1pp	2.6%-2.0pp	-24.8%+50.5pp	-4.1%-67.9pp
Return on Assets	-0.1%0.0pp	0.2%+0.2pp	0.5%+0.6pp	-0.4%-0.4pp	-0.1%-0.3pp	0.0%0.0pp	-0.1%+0.6pp	0.0%-0.4pp
Debt-to-Equity	N/A	14.05+12.3x	N/A	25.90+24.7x	3.77+1.4x	1.80-0.1x	2.45+1.0x	1.20-1.1x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.000.0x	0.010.0x	0.020.0x	0.010.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Note: Shareholder equity is negative (-$74.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Equitable Holdings, Inc. EQH	FY2025	$11.7B	-$1K	0.0%	$14.4B	—
Principal Financial Group, Inc. PFG	FY2025	$15.6B	$1.3B	8.0%	$24.0B	21/100
Corebridge Financial, Inc. CRBG	FY2025	$18.5B	-$366.0M	-2.0%	$15.2B	5/100
Ares Capital Corporation ARCC	FY2025	N/A	$1.3B	N/A	$13.5B	—
Franklin Templeton, Inc. BEN	FY2025	$8.8B	$524.9M	6.0%	$16.7B	46/100
Northern Trust Corp NTRS	FY2025	$8.1B	$1.7B	21.5%	$31.4B	27/100

Where Equitable Holdings, Inc. Ranks

Frequently Asked Questions

What is Equitable Holdings, Inc.'s annual revenue?

Equitable Holdings, Inc. (EQH) reported $11.7B in total revenue for fiscal year 2025. This represents a -6.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Equitable Holdings, Inc.'s revenue growing?

Equitable Holdings, Inc. (EQH) revenue declined by 6.1% year-over-year, from $12.4B to $11.7B in fiscal year 2025.

Is Equitable Holdings, Inc. profitable?

No, Equitable Holdings, Inc. (EQH) reported a net income of -$1K in fiscal year 2025, with a net profit margin of 0.0%.

How much debt does Equitable Holdings, Inc. have?

As of fiscal year 2025, Equitable Holdings, Inc. (EQH) had $12.5B in cash and equivalents against $3.8B in long-term debt.

What is Equitable Holdings, Inc.'s net profit margin?

Equitable Holdings, Inc. (EQH) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Equitable Holdings, Inc. pay dividends?

Yes, Equitable Holdings, Inc. (EQH) paid $1.05 per share in dividends during fiscal year 2025.

What is Equitable Holdings, Inc.'s operating cash flow?

Equitable Holdings, Inc. (EQH) generated $714.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Equitable Holdings, Inc.'s total assets?

Equitable Holdings, Inc. (EQH) had $318.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Equitable Holdings, Inc. buy back shares?

Yes, Equitable Holdings, Inc. (EQH) spent $1.4B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Equitable Holdings, Inc. have outstanding?

Equitable Holdings, Inc. (EQH) had 280M shares outstanding as of fiscal year 2025.

What is Equitable Holdings, Inc.'s return on assets (ROA)?

Equitable Holdings, Inc. (EQH) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Equitable Holdings, Inc.'s P/E ratio?

Equitable Holdings, Inc. (EQH) trades at 31.6x earnings, its market capitalization divided by net income of $454.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $14.4B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Equitable Holdings, Inc.'s price-to-sales ratio?

Equitable Holdings, Inc. (EQH) trades at 1.4x sales, its market capitalization divided by revenue of $10.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $14.4B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Why is Equitable Holdings, Inc.'s debt-to-equity ratio negative or not reported?

Equitable Holdings, Inc. (EQH) has negative shareholder equity of -$74.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Equitable Holdings, Inc.'s Piotroski F-Score?

Equitable Holdings, Inc. (EQH) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Equitable Holdings, Inc.'s earnings high quality?

Equitable Holdings, Inc. (EQH) reported a net loss of $1K while generating $714.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.