Equitable Holdings Earnings Reports

Equitable Holdings delivered strong results in Q1 2025 with solid net inflows across Retirement, Wealth Management, and Asset Management. The company maintained robust liquidity and capital metrics, while progressing on its reinsurance transaction with RGA to unlock over $2 billion of capital.

Equitable Holdings reported a net income of $899 million for Q4 2024, or $2.76 per share, compared to a net loss of $(698) million in Q4 2023. Non-GAAP operating earnings were $522 million, or $1.57 per share. The company returned $335 million to shareholders during the quarter.

Equitable Holdings reported a net loss of $698 million for the fourth quarter of 2023, or $2.15 per share. However, non-GAAP operating earnings were $476 million, or $1.33 per share, up from $348 million in the prior year quarter. The company returned $315 million to shareholders in the quarter and authorized a new $1.3 billion share repurchase program.

Equitable Holdings reported a net loss of $789 million for Q4 2022, driven by non-economic market impacts from hedging. However, the company highlighted solid cash flow generation and capital return, including $1.3 billion returned to shareholders in 2022. Non-GAAP operating earnings were $436 million, or $529 million adjusting for notable items.

Equitable Holdings reported a net income of $254 million for Q4 2021, a significant increase compared to the net loss of $1.2 billion in Q4 2020. However, Non-GAAP operating earnings decreased to $649 million from $748 million in the same period last year. The company's AUM increased by 12% year-over-year, reaching $908 billion.

Equitable Holdings reported strong third-quarter results, driven by solid performance in its retirement and asset management businesses. Non-GAAP operating earnings were $1.94 per share, a 56% year-over-year increase. AUM increased by 17% to reach $871 billion. The company also announced a XXX financing transaction, unlocking $1 billion of capital.

Equitable Holdings reported strong second-quarter results, with non-GAAP operating earnings of $1.71 per share, a 74% increase year-over-year. The company benefited from positive net flows and favorable equity markets, with AUM reaching $869 billion, up 22% year-over-year. They successfully closed their VA reinsurance transaction, unlocking $1 billion of economic value.

Equitable Holdings reported a net loss of $1,488 million, or $3.46 per share, compared to a net income of $5,388 million in the first quarter of 2020. Non-GAAP operating earnings were $600 million, or $1.35 per share, up 19% year-over-year. Assets under management grew 27% year-over-year to $822 billion.

Equitable Holdings reported a net loss of $1,238 million for Q4 2020, compared to a net loss of $946 million in Q4 2019. However, non-GAAP operating earnings improved to $748 million from $653 million in the same quarter of the previous year. Assets under management reached a record $809 billion.

Equitable Holdings reported a GAAP net loss of $779 million, or $1.77 per common share, but achieved non-GAAP operating earnings of $568 million, or $1.24 per common share. The company saw a 6% increase in assets under management, reaching $746 billion, and achieved its $75 million productivity target ahead of schedule. They also announced $500 million in incremental share repurchases for 2021.

Equitable Holdings reported a GAAP Net loss of $4.0 billion, or $8.96 per common share, but a Non-GAAP operating earnings of $459 million, or $1.00 per common share. The company's assets under management grew by 3% year-over-year to $711 billion. They returned $102 million to shareholders in Q2, and $376 million YTD.

Equitable Holdings reported a strong first quarter in 2020, marked by a net income of $5.4 billion and non-GAAP operating earnings of $515 million. The company's balance sheet and business model demonstrated resilience amidst an uncertain economic outlook, with a robust RBC ratio. AUM was $646 billion, down 3% year-over-year.