XNYSEQHpA
Market cap14bUSD
Dec 27, Last price
20.63USD
1D
-0.53%
1Q
-12.29%
IPO
-17.05%
Name
Equitable Holdings Inc
Profile
Equitable Holdings, Inc., together with its consolidated subsidiaries, operates as a diversified financial services company worldwide. The company operates through four segments: Individual Retirement, Group Retirement, Investment Management and Research, and Protection Solutions. The Individual Retirement segment offers a suite of variable annuity products primarily to affluent and high net worth individuals. The Group Retirement segment provides tax-deferred investment and retirement services or products to plans sponsored by educational entities, municipalities, and not-for-profit entities, as well as small and medium-sized businesses. The Investment Management and Research segment offers diversified investment management, research, and related solutions to various clients through institutional, retail, and private wealth management channels; and distributes its institutional research products and solutions. The Protection Solutions segment provides various variable universal life, indexed universal life, and term life products to help affluent and high net worth individuals, as well as small and medium-sized business owners; and a suite of life, short- and long-term disability, dental, and vision insurance products to small and medium-size businesses. The company was formerly known as AXA Equitable Holdings, Inc. and changed its name to Equitable Holdings, Inc. in January 2020. Equitable Holdings, Inc. was founded in 1859 and is based in New York, New York.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 10,528,000 -16.74% | 12,644,000 14.57% | 11,036,000 -11.11% | |||||||
Cost of revenue | 9,992,000 | 4,400,000 | 6,829,000 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 536,000 | 8,244,000 | 4,207,000 | |||||||
NOPBT Margin | 5.09% | 65.20% | 38.12% | |||||||
Operating Taxes | (905,000) | 598,000 | (145,000) | |||||||
Tax Rate | 7.25% | |||||||||
NOPAT | 1,441,000 | 7,646,000 | 4,352,000 | |||||||
Net income | 1,302,000 -39.53% | 2,153,000 -9,070.83% | (24,000) -93.12% | |||||||
Dividends | (381,000) | (374,000) | (375,000) | |||||||
Dividend yield | 3.25% | 3.43% | 2.74% | |||||||
Proceeds from repurchase of equity | (919,000) | (849,000) | (455,000) | |||||||
BB yield | 7.85% | 7.79% | 3.32% | |||||||
Debt | ||||||||||
Debt current | 254,000 | 759,000 | 92,000 | |||||||
Long-term debt | 4,978,000 | 5,090,000 | 5,798,000 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 254,565,000 | (1,150,000) | (5,030,000) | |||||||
Net debt | (11,840,000) | (67,130,000) | (82,761,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | (208,000) | (851,000) | (756,000) | |||||||
CAPEX | (117,000) | (167,000) | (120,000) | |||||||
Cash from investing activities | (4,851,000) | (7,487,000) | (12,689,000) | |||||||
Cash from financing activities | 9,000,000 | 7,646,000 | 12,511,000 | |||||||
FCF | 78,386,000 | 21,643,000 | 136,000 | |||||||
Balance | ||||||||||
Cash | 9,412,000 | 4,281,000 | 5,188,000 | |||||||
Long term investments | 7,660,000 | 68,698,000 | 83,463,000 | |||||||
Excess cash | 16,545,600 | 72,346,800 | 88,099,200 | |||||||
Stockholders' equity | 6,542,000 | 4,594,000 | 14,494,000 | |||||||
Invested Capital | 265,389,000 | 245,860,000 | 277,860,000 | |||||||
ROIC | 0.56% | 2.92% | 1.60% | |||||||
ROCE | 0.20% | 3.29% | 1.44% | |||||||
EV | ||||||||||
Common stock shares outstanding | 351,600 | 379,900 | 417,400 | |||||||
Price | 33.30 16.03% | 28.70 -12.47% | 32.79 28.14% | |||||||
Market cap | 11,708,280 7.38% | 10,903,130 -20.34% | 13,686,546 18.75% | |||||||
EV | 3,939,280 | (52,469,870) | (65,468,454) | |||||||
EBITDA | 1,348,000 | 9,058,000 | 4,704,000 | |||||||
EV/EBITDA | 2.92 | |||||||||
Interest | 228,000 | 201,000 | 244,000 | |||||||
Interest/NOPBT | 42.54% | 2.44% | 5.80% |