Dec 31, 2021

Equitable Holdings Q4 2021 Earnings Report

Equitable Holdings reported mixed results for Q4 2021, with a decrease in Non-GAAP operating earnings but an increase in net income.

Key Takeaways

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.

Net income attributable to Holdings was $254 million, compared to a net loss of $1.2 billion in the fourth quarter of 2020.

Non-GAAP operating earnings were $649 million, down from $748 million in the fourth quarter of 2020.

AUM increased by 12% year-over-year to $908 billion.

The company returned $1.9 billion to shareholders in 2021, including $540 million in the fourth quarter.

Total Revenue
$3.32B
Previous year: $516M
+543.0%
EPS
$1.54
Previous year: $1.65
-6.7%
Assets Under Management
$908B
Previous year: $809B
+12.2%
Gross Profit
$1.12B
Previous year: -$1.58B
-171.0%
Cash and Equivalents
$1.6B
Previous year: $6.18B
-74.1%
Total Assets
$292B
Previous year: $275B
+6.1%

Equitable Holdings

Equitable Holdings

Equitable Holdings Revenue by Segment

Forward Guidance

Equitable Holdings did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income